Floating Docks Market Analysis

Floating Docks Market Analysis

The reasons attributable to the strong growth of wood decks are visual appeal and cost effectiveness. These decks are much cheaper than other counterparts, and easy to assemble & repair. Most commonly used wood materials for the deck are pine, cedar, redwood, cypress, etc. Untreated wooden decks are more prone to rapid damage whereas treated decks have long service life. Many preservatives such as copper azole, alkaline copper quat (ACQ), etc. are used for the wood treatment.
 

Metal frames are gaining huge customer acceptance and rapidly replacing wooden frames. Steel frames are popular, and steel tubing can be used as frame as well as float. Galvanized frames are also used however their heavy weight create the necessity for larger floats. Aluminum is the ideal material for the frame structures as it is lightweight, has longer life and is perfect for pedestrian traffic. Coatings are applied to the metal frames to increase their longevity and working efficiency.
 

Plastic is the most common material used for the construction of floats. Polyethylene floats are made by the rotational or blown molding process. Rotationally molded polyethylene floats offer high strength than polyethylene floats molded by blowing. Plastic floats with expanded polystyrene foam (EPS) inside are widely used owing to their astounding benefits. These floats provide superior resistance to the ultraviolet (UV) light, protection from rodents and excellent impact resistance. Moreover, they offer high chemical resistance and good operational efficiency.
 

Commercial segment will clutch majority of market share within the forecast period. These docks are widely preferred for camps, marinas, restaurants, hotels, resorts, housing developments, sailing & rowing businesses, etc. Major ongoing and future marina infrastructure development projects are likely to trigger the floating docks sales in future. In addition, flourishing marine tourism sector will generate huge potential for the growth of market over the next few years.
 

Asia Pacific will be one of the key regions in floating docks market over the projected time period. Increasing shipbuilding activities in this region will be a major driver for the growth of market. Countries such as South Korea, China and Japan are the leading countries in terms of ship building. Many governments in this region are spending huge amounts of money and formulating supportive policies for the growth of shipbuilding sector. Increasing shipyard construction projects will facilitate the growth of floating docks in near future.