Plastic Fencing Market share research by applications and regions
Category: #business  By Rahul Varpe  Date: 2022-11-21
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Plastic Fencing Market share research by applications and regions

Global plastic fencing market is poised to experience lucrative growth over the forecast timeframe. This can be largely attributed to positive application outlook across agriculture, residential, industrial, and commercial sectors.

On the basis of material, the industry share is segmented into polyethylene, polystyrene, vinyl, and plastic composites. Polyethylene fencing, or recycled plastic fencing, is anticipated to witness increasing adoption in the coming years as it serves as an environmentally-friendly and sustainable option. Mounting environmental concerns will also boost the demand for vinyl and fencings made of plastic composites.

Plastic fencing industry share is bifurcated into post & rail fence, picket fence, chain link fence, and gates according to product. Post & rail fence segment accounts for more than 40% revenue share. This can be attributed to growing demand and utilization of fencing for leisure areas including gardens and parks. In addition, post and rail fencing is aesthetic, cost-effective, durable, customizable, and easy to install, which will accelerate the product demand.

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With respect to application, the market share is classified into boundary fencing, temporary fencing, pool fencing, privacy fencing, and others. The others segment includes electrical fencing and access barriers and will experience a healthy CAGR of more than 6.5% during the analysis period. This can be largely attributed to extensive product application for protection against injuries. Electric fencing can be much cheaper and faster than conventional fences. Widespread use of electric fencing in agricultural applications will bolster the industry outlook.

Based on the end-use, plastic fencing industry share is segmented into residential, agriculture, commercial, and industrial.

With increasing crime rates, particularly in urban regions, technologically advanced plastic fencing such as solar electric fences will witnessed increased installation in commercial and industrial spaces. Moreover, integration with additional security features and devices such as sirens and flood lights will further make these fences more effective.

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In terms of the regional outlook, Middle East captured around 6.5% revenue share of the market in 2018. Rising infrastructure development in the region along with rapid urbanization and industrialization is fueling the regional outlook. In addition, driven by a strong economic growth and increasing disposable incomes, a greater number of people are opting for the installation of plastic fencing for security and decorative purposes.

Report Content

Chapter 1.   Methodology and Scope

1.1.  Methodology

1.1.1.  Initial data exploration

1.1.2.  Statistical model and forecast

1.1.3.  Industry insights and validation

1.1.4.  Definition and forecast parameters

1.2.  Data Sources

1.2.1.  Secondary

1.2.1.1.   Paid

1.2.1.2.   Unpaid

1.2.2.  Primary sources

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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