Industry Trends. Posted on: June 17, 2013. Decking Segments To Hold Market Share, Grow Through 2015 Composite boards saw demand of $677 million and composite railing $151 million during 2012. Wood accounted for approximately 62% of the decking market and railing market each in 2012. Its expected to hold that share through 2015.
The overall decking and railing industry has been relatively stable over the last couple of years. Total demand for decking and railing materials in the North American residential market was valued at $4.1 billion based on supplier factory gate prices in 2014 compared with $3.6 billion in 2012.
Wood and Competitive Decking analyzes the US wood and competitive decking market. It presents historical demand data 2005, 2010, 2015 as well as forecasts 2020, 2025 by product wood, wood-plastic, plastic and other , market residential building, nonresidential building, nonbuilding and region of the US.
Composite decking offers some advantages, Latest decking trends for remodelers. Composite decking offers some advantages, but wood is still the most common choice A survey of remodelers done by Seven Trust in June 2010 found more than 80 percent looked for durability when selecting decking materials. Other major selection factors were
However, Ford says composite costs more, so he still also builds a large percentage of decks with pressure-treated pine. You can expect to pay at least $2,000 for a 200-square-foot wooden deck, but most decks typically range from 350 to 700 square feet in size, and cost about $5,000 to $10,000, according to Ford.
The global wood plastic composite market size was estimated at USD 4.01 billion in 2017, progressing at a CAGR of 9.3% over the forecast period. The percentage of wood present in the composite will have an effect on the melt flow index MFI of the final product. the decking application is expected to progress at an estimated CAGR of 9
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