Jun 10, 2016 . Wood's dominant market position is due to the material's low initial cost and the large installed base of wood decks, as consumers are often. reluctant to switch materials when renovating decks. However, demand for wood decking is forecast to grow much more slowly than that for composite and plastic..
US demand for decking is forecast to increase 1.8 percent per year through 2020 to 3.6 billion lineal feet, valued at $7.1 billion. Rising consumer . Increasing market share for wood-plastic composite and plastic decking materials will boost value gains, as these products are sold at a higher price point than wood decking
Feb 5, 2016 . Uncapped wood-plastic composite (WPC) decking has a higher price point than timber decking and railing, but it requires less maintenance and has a . in the composite decking and railing market and will be the fastest growing market segment during the forecast period, said MarketsandMarkets
Wood Plastic Composite (WPC) Market Global Trends & Segment Forecast to 2024. New Grand View Research market study shows growth will more than double over next eight years. The global Wood Plastic Composite market size was valued at USD 4.06 billion in 2015. The expanding application scope in decking and..
Wood's dominant market position is due to the material's low initial cost and the large installed base of wood decks, as some consumers will be reluctant to switch materials when renovating decks. However, US demand for wood decking is forecast to grow much more slowly than composite and plastic lumber through 2020
Sep 29, 2015 . Composite decking is forecast to grow at a 5% compounded annual growth rate through 2017, which is faster than the industry average of 3%. . price spread increasing and becoming more sharply defined, the outlook is tempered for composites to be able to take notable market share from treated wood
Maintenance-free decking is a no longer an industry term -- manufacturers know that all decks require maintenance if they are going to last. So, it's best to understand what your deck is made of and the maintenance schedule you should follow for a long-lasting deck. Deck Washing. Because they are outdoor living spaces..
Feb 6, 2017 . Backyard 2.0: 2017 Deck and Railings Forecast . Recently Wardell shared his 2017 decking and railing outlook, gained from observations and exclusive interviews at the Deck Expo. The big . This year watch for composite boards that mimic distressed wood flooring, complete with variegated streaking