Building and Construction

MarketsandMarkets projects that the  wooden decking market  size will grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at an estimated CAGR of 1.43%. The wooden decking market is expected to witness high growth as a result of the rising urbanization, large-scale investments in infrastructure & industrial sectors, and rising construction activities in emerging economies. Download the PDF for more insight @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23321178 Residential buildings to gain maximum traction The residential sector is projected to be the fastest-growing segment in the wooden decking market during the forecast period. The properties offered by wooden decks such as resistance to splinter & rot, durability, stability, sustainability, and enhanced looks are useful in application areas such as docks, marinas, patios, pool areas, hotels, and resorts. Wooden decks are used in residential and non-residential buildings. Th...

Decks are constructed outdoors above the ground and are connected to a building. Wooden decks have multiple applications such as garden landscaping, extension of living area of a house, dinning, play group area, and interiors of houses.  A significant change has been observed in the construction industry with the introduction of wooden decks as it offers high-performance, more space, and low-cost building products. Also, wood decks offer benefits such as high quality, increased efficiency, and better finishing. MarketsandMarkets projects that the global  wooden decking market  size will grow USD 7.21 billion in 2015 to USD 7.81 billion by 2021, at a CAGR of 1.43%. Increase in infrastructural activities, industrialization, and recovery of global economy are expected to be the main drivers of the wooden decking market. The residential sector is projected to be the fastest-growing market in the wooden decking market because of the properties exhibited in wood decks suc...