growth of composite decking industry

Jim Cline, CEO of , says the outdoor decking industry is poised for strong growth as owners of existing homes are now in a materially improved financial position to invest in new decks, after the financial straits experienced following the Great Recession. With the U.S. economy now on firmer footing, 

Composite manufacturers have solved most of their product issues and are now focused on growing the market. With that in mind, they're looking for ways to claim some of wood decking's share. As the industry mindset continues its shift from decking and railing to outdoor living, sales approaches need to 

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, which provides enhanced protection against mold growth and premature degradation, will further boost wood-plastic composite decking demand.

The capped composite segment accounted for the largest market share in the plastic decking market as these products offer superior properties including resistance to rotting, color fading, and mold & mildew growth formation. Capped composites have a resin protective layer attached to the wooden core. This protective 

Before the recession, composites had about a 20 percent market share but are poised to make up more ground as technology improves both performance and color options, and as busy or aging homeowners seek low-maintenance products. Principia projects the market for composite decks will grow at 5 

US demand for decking is projected to grow about two percent per year through to 2011, to 3.5 billion lineal feet, valued at more than $4 billion. Growth will be similar to the 2001-2006 period, despite a weaker new housing outlook. The decking market is relatively stable because more than 85 percent of 

As Jim Cline, CEO of , recently told me in an interview, the outdoor decking industry is experiencing strong growth as owners of existing homes are investing in new decks that do not require constant upkeep and annual maintenance. “No to low maintenance, that's the beauty of a deck and more 

Composite decking is forecast to grow at a 5% compounded annual growth rate through 2017, which is faster than the industry average of 3%. However, the shift in composite decking offerings to higher price point products could limit growth opportunities for the upper end of the composite decking market.

Capped composites are the fastest growing segment of the composite decking market, referred to by some as “ultra-low maintenance.” 's premium capped composites like this lookalike emulate tropical hardwoods. 's premium capped composites like this decking emulate 

The composite decking market and railing market is estimated to grow from USD 1.70 Billion in 2015 to USD 3.09 Billion by 2020, at a compound annual growth rate (CAGR) of 12.60% from 2015 to 2020. Polyethylene (PE) composite decking and railing hold the largest market share. Polypropylene (PP) composite decking 

dominates an estimated 44% of the composite wood alternative decking industry compared to 30% five years ago. Only 10% of the total decking industry is com.

The decking market is growing in value and diversifying. There are boards Dealers accounted for two-thirds of the sales of composite decking and railing products in 2010, Principia says. Its recent As companies in the wood-decking industry retool, so too are synthetic board manufacturers. Stung in