The Report Fencing Market
Analysis By Material (Metal, Wood, Plastic and Composite, and Concrete), By
Application (Residential, Agricultural, and Industrial), By End Use, By Region
(North America, Europe, Asia Pacific), And Segment Forecasts, 2018 - 2025
The global fencing market is anticipated to reach
USD 37.41 billion by 2025, according to a new report by Grand View Research,
Inc. Growth in remodeling projects & real estates is projected to propel
the market sales over the forecast period. Commercial sectors including
academic organizations and industrial premises employ fences to enhance the
safety of people and property.
Expansion in the fencing
market can be attributed to residential renovations and new construction
projects. Security needs and ‘transportation construction’ investments are
presumed to spur the industry growth. In addition, fences may experience a
significant rise in demand due to the requirement for aesthetically appealing
and novel property. Governmental investments for promoting safety and security
at public premises and parks are further energizing the industry growth
prospects.
Consumer preferences
largely depend on the design, cost, quality, and appearance of the fence. The
demand for fences among cultivators for protecting their livestock &
property is substantially propelling the fence demand. Innovative materials
that enhance durability at low costs tend to add market profits.
Access
Research Report of Fencing Market@ www.grandviewresearch.com/industry-analysis/fencing-market
Further key findings from the study suggest:
· Metal fencing is expected to dominate the market
over the forecast period. It held a share of over 52% in 2015, which can be
attributed to its usage across governmental organizations and public premises.
· The residential application segment is
expected to witness a phenomenal growth over the next nine years. Renovation
and construction operations are remarkably driving the demand for this
application.
· The safety of farms, livestock, and crops
from trespassers and wild animals may propel the fencing demand in the
agricultural application segment.
· The Asia Pacific regional industry is
expected to witness surges in the demand for fences in agricultural
applications. This surge may be attributed to its evolving agricultural sector,
especially in emerging countries such as India and China.
· The Asia Pacific region is expected to grow
at a CAGR of 5.4% from 2016 to 2025.
· The global fencing industry is
characterized by intense competition with a highly fragmented market structure.
It is led by several local manufacturers that meet the consumer needs by offering
cost-efficient products.
· The key market participants include Gregory
Industries, Inc., Long Fence Company Inc., Betafence NV, Jerith Manufacturing
Company Inc., Ply Gem Holdings Inc., Poly Vinyl Creations Inc., Allied Tube
& Conduit, Ameristar Fence Products Incorporated, Associated Materials LLC,
Bekaert, and CertainTeed Corporation.
Grand View Research has
segmented the global fencing market based on material, application, end-use,
and region:
Fencing Material Outlook (Revenue, USD Million, 2014 -
2025)
·
Metal
·
Wood
·
Plastic & Composite
·
Concrete
Fencing Application Outlook (Revenue, USD Million, 2014 -
2025)
·
Residential
·
Agricultural
·
Industrial
Fencing End Use Outlook (Revenue, USD Million, 2014 -
2025)
·
Government
·
Petroleum & Chemicals
·
Military & Defense
·
Mining
·
Energy & Power
·
Transport
·
Others
Fencing Region Outlook (Revenue, USD Million, 2014 -
2025)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of Fencing
Market@ www.grandviewresearch.com/press-release/global-fencing-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
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