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The Timber Decking Market report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors
NEW YORK, NY, UNITED STATES, January 13, 2022 /EINPresswire.com/ — The latest updated report on the Global Timber Decking Market added by Reports and Data presents a comprehensive analysis of the industry size, revenue forecast, regional spectrum of the business vertical, and further elaborates on the major hurdles, challenges, and latest growth prospects. It also provides information on the growth strategies adopted by the prominent industry players and a comprehensive overview of the competitive landscape of the market. Furthermore, it offers the projected valuations of the Timber Decking industry in the forecast period of 2021-2028 along with projections about the key regions and segments expected to gain traction in the coming years.
The research report further analyses the market trends and radical features affecting the growth of the market during the estimation timeframe. The report also provides a thorough analysis of the factors limiting the growth of the industry and the factors driving the growth. The report offers an overview of the business vertical, taking into consideration the influence of the currently unfolding COVID-19 pandemic on the overall industry. The report also studies threats and challenges the industry players will have to face due to the changes induced by the COVID-19 pandemic.
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Top companies profiled in the report include:
• United Construction Products Inc.
• DuraLife Decking & Railing Systems
• Thermory
• Timber Holding USA
• TimberTech
• Accsys Technologies
• Cali Bamboo
• GreenWood Timber
• Howarth Timber
• Outdoor Structures Australia
• Shanghai Seventrust Industry Co., Ltd.
• Fukai Environmental
• Nam Soon Timber
• Deckorators Inc.
• United Construction Products Inc.
• Thermory
Market Overview:
The manufacturing and construction industry has rapidly grown in terms of revenue in the recent years and is expected to register robust revenue growth throughout the forecast period. Factors such as technological advancements in manufacturing techniques and rapid urbanization and industrialization are boosting market revenue growth. Moreover, there has been a sudden rise in the demand for smart buildings and smart homes and consumers are inclining towards green energy and eco-friendly construction activities due to rising environmental concerns. These factors along with latest trend for redevelopment and advanced flooring for aesthetic look and increasing adoption of automation across the globe are fueling market growth. In addition, government schemes and increasing investments to develop enhanced products is expected to open favorable growth opportunities going ahead.
Product Type Outlook (Revenue, USD Billion; 2018-2028)
• Pressure-treated Wood
• Redwood
• Cedar
• Tropical Hardwood
• Others
By Application Outlook (Revenue, USD Billion; 2018-2028)
• Railing
• Floor
• Wall
• Other
End-use Outlook (Revenue, USD Billion; 2018-2028)
• Residential
• Non-residential
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The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report further explores the key business players along with their …….