Research Report on Global Fencing Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
Fencing is enclosed barrier to the property for security and protection from uncertain actions. They are created and used to provide security to residential, commercial and agricultural constructions. They are basically of two types namely agricultural wire fence and commercial wire fence. Agricultural wire fences are used to provide protection to livestock and commercial wire fencing are used in the fencing of residential building, parks, corporates etc. For commercial and residential applications, it is adopted to stop trespasser and unwanted people and animals to enter the property. For agricultural applications, it is adopted as enclosed shelter to prevent livestock from wandering.
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The fencing market is segmented into four segments such as metal, wood, plastic & composite and concrete fencing based on material type. The plastic & composite material segment will continue to grow during the forecast period due to its durability, lightweight and low maintenance costs. The fencing materials are classified on the basis of applications as residential, industrial and agricultural segment. The residential segment accounts for more than half of the market share. It is expected to grow during the forecast period owing to remodeling and increase in construction of residential buildings and parks.
The global fencing market is driven by factors such as the evolving urban lifestyle, increasing disposable income, growing importance on home improvisation, remodeling and the need for security and safety. Commercial sectors such as schools, colleges, corporates, parks and industrial premises have been adopting fencing products to boost their security and safety. The increase in residential construction and growing economies across the globe are also fueling the growth of the fencing market. The key constraints of global fencing market are rising prices of raw material prices and the unlicensed vendors posing a threat to the manufacturers.
Major player assessed in the report are :
- Ameristar Inc.
- Bekaert Associated Materials LLC
- Betafence, Gregory Industries, Inc.
- Jerith Manufacturing Company Inc.
- Long Fence Company Inc.
- Poly Vinyl Company Inc.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Fencing Market By Material :
- Plastic and Composite
2. Fencing Market By Application :
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