The global fencing
market is up surging at a significant rate, due to growing economies and
middle class population, rising demand for security and safety, increasing consumer’s
interest in home improvement and home décor, and expanding housing
constructions or rebound in housing completions. The introduction of innovative
and attractive fences, growing acceptance and popularity of synthetic
alternatives, and increasing demand for residential fences are some of the
factors providing ample growth opportunities for the global fencing market in
the coming years. However, volatile raw material prices and increasing energy
costs are restraining the growth of the global fencing market to some extent.
Explore more or request TOC on Global Fencing Market at: https://www.psmarketresearch.com/market-analysis/fencing-market
North America dominates the
global fencing market, due to growing consumer demand for decorative and
innovative home improvement products, and expanding residential sectors in the
region. Asia-Pacific is expected to grow with the fastest rate in the coming
years, due to large number of construction projects and developments within the
agricultural sectors of the region.
Fences are detached accessory structures
that are produced and designed to obstruct the crossing of a conventional boundary
by the outsiders. A fence is distinguished from the wall on the basis of weight;
while the fence is usually lighter than wall. Fences are used for several reasons
across different applications, for instance- privacy fencing is used to keep
potential predators and corral livestock outside the premises, decorative
fencing is used to enhance the artistic appeal of any property, temporary
fencing is used to provide security and control movement in the building
locations, and boundary fencing is used to distinguish property lines.
On the basis of products, the
fencing market can be categorized as commercial wire fence, and livestock or
agricultural wire fence. The commercial wire fence includes welded wire fence
and chain link fence; whereas, livestock or agricultural wire fence includes electric
fence and hinge joint fence. On the basis of material, the fencing market can
be categorized as plastic and composite fence, metal fence, concrete fences,
and wood fence. Metal fencing dominates the material categories in the global
fencing market. Plastic and composite fencing category is expected to grow with
the fastest rate in the coming years, due to their long term durability, less repair,
and maintenance requirement. Plastic and composite fences include composite
fence, vinyl fence, and high-density polyethylene (HDPE) fence. Metal fence
includes non-wire fence, and barbed and twisted steel wire fence; while wood
fence includes unassembled and assembled fence.
The fencing market can also be
categorized on the basis of end-users as industrial, commercial, agricultural,
and residential. The commercial end-users segment dominated the global fencing
market, and is also expected to grow with the fastest rate in the coming years.
The dominance is increasing, due to growing industrialization and housing
construction globally. The consumers’ shift towards equipping their houses and offices
with security fences is increasing, due to the growing threats related to
safety and security. In the developing regions such as Asia-Pacific, the agricultural
wire fencing is also becoming popular and its market is expected to grow in the
coming years.
Browse related market research at: https://www.psmarketresearch.com/industry-report/consumer-products
Some of the competitors in the
fencing market are Associated Materials LLC, Gregory Industries Inc., Allied
Tube & Conduit Corporation, Ply Gem Holdings Inc., Betafence NV, Ameristar
Fence Products Inc., Poly Vinyl Co. Inc., CertainTeed Corporation, Jerith
Manufacturing Company Inc., and Bekaert SA.
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