Nonwoven decking commonly known as composite decking will continue to gain market momentum, as demand for innovative materials with low maintenance in building projects remain a high priority across the globe. Nonwoven decking is an elevated flat surface structure in constructing facades made from recycled plastic material. These are best alternatives for wood decking as the materials are eco-friendly in nature and helps to regulate deforestation.
The usage of nonwoven materials in decking are becoming more and more popular in the market owing to the excellent features such as highly resistant, s low maintenance and provides attractive appearance and finish. The growing demand for low maintenance construction materials across the globe is projected to drive the nonwoven decking market over the forecast period. Moreover, these materials are resistant to moisture and humidity that makes it highly suitable for building and construction purposes.
The most common decking available in the market are high density polyethylene, low density polyethylene, polyvinyl chloride and polypropylene. The increasing demand for modern construction and rising global urbanization will flourish the global nonwoven decking market during the forecast period. Furthermore, the consumer spending in the replacement of traditional decking materials with capped and uncapped nonwoven decking products shall also generate substantial revenue gains to the market during the review period.
These products are adopted due to various properties such as resistance, color fading, mold, rotting and decaying. Stringent government initiatives towards use of environment friendly content as an alternative to woods has paved way for nonwoven decking market. However, the performance of nonwoven decking is low under exposure of sunlight and hot climatic conditions, as they are prone to some amount of discoloration when exposed to UV rays. Additionally, the cost for nonwoven decking is 60 to 70 percent higher expensive than traditional decking systems hence these factors are is anticipated to act as a major downside to the market growth.
The global market is segmented by application, by type and by resin type. On the basis of type, it can be classified into capped and uncapped. Capped decking provides an additional layer that covers the composite core and acts as surface coating that gives better protection against staining, wear and tear as compared to uncapped decking. Capped nonwoven decking market is anticipated to dominate in upcoming years owing to growing need of low maintenance in houseowners.
On the basis of application, nonwoven decking market can be bifurcated into residential and non-residential. The non-residential is the fastest growing segment owing to its wide application areas such as marinas, patios, docks, and flooring in non -residential buildings. On the basis of resin type, it is classified by polypropylene, polyethylene, polyvinyl chloride. Polypropylene segment is estimated to dominate the market share owing to its special features such as durability, reliable under thermal expansion and contraction, and high structure integrity in various conditions.
North America held the prominent market share of nonwoven decking in 2019 and is projected exhibit the same trend throughout the forecast period. The escalating demand for affordable and low maintenance construction materials coupled with existence of numerous market leaders are major factor attributing to this growth. Furthermore, rapid urbanisation and demand for modern construction in countries like China and India will boost the market of nonwoven decking in Asia Pacific. Additionally, the competition to develop breakthrough architectural designs and buildings is rising exponentially in Arab countries, which in turn fuelling the growth of nonwoven decking market in Middle East region.
The significant market players in the nonwoven decking industry include, TimberTech, Trex Company, TAMKO Building Products, UPM Biocomposites, Green Bay Decking LLC, Duralife Decking and Railing Systems, Cardinal Building Products, Fiberon LLC, Azek Building Product.
By Resin Type