North America Metal Fencing Market Growth Analysis By Regional Players | 2019-2025
Jun 17, 2019
North America Metal Fencing Market Report provides complete industry analysis, market outlook, size, growth, opportunities and forecast by 2019-2025.
Selbyville, United States - June 17, 2019 /MarketersMedia/ —
North America metal fencing market size accounted for over 50% of the global revenue share in 2015. The prime reason for metal fences deployment in residential, agricultural and commercial sectors is to provide security and safety. In addition, it is also utilized to improve the aesthetics of buildings and construction properties. Increasing customer’s interest towards home improvement and home decor, the industry is expected to witness significant gains over the forecast period.
North America metal fencing market size was valued around USD 4,000 million in 2015 and is likely to grow at a 4% CAGR in forecast period. This can be primarily attributed to rising demand for safety and security.
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U.S. metal fencing market size was responsible for over 75% of regional revenue in 2015. The imperative need for residential fences and use of synthetic substitutes is rapidly growing in residential sector. In addition, rising economic growth of nations across North America is likely to propel the industry demand. In contrast, the need for fencing is prevailing across building and housing construction plans owing to increasing demand for safety and security in commercial sectors. The aforementioned factors are likely to surge the demand growth in commercial and residential sectors over the coming few years.
Increasing demand for barbed wire fencing is expected to drive the industry demand. It offers superior security as compared to other types of fences. Metal fences are ideally deployed for additional privacy and security. Pins can firmly lock into the rails and post as a barrier to the intruders while still being attractive. The strength of wrought iron fences protect against dreadful whether and are ideally used in residential and commercial sectors. In addition, these fences are furnishes with e-finish coating that offers maintenance free protection and also resists corrosion.
The North America Metal Fencing Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. North America Metal Fencing Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends
4. North America Metal Fencing Product Insights
5. North America Metal Fencing Application Insights
6. North America Metal Fencing Regional Insights
7. Competitor Profiles
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Growing demand for decorative home products and construction activities are anticipated to fuel the demand growth over the forecast period. Rising housing rebounds or constructions in housing completions coupled with increasing consumer interest in home décor and home improvement are likely to fuel the industry demand. However, rising energy cost as well as volatile raw material prices are expected to hinder industry growth. Development of attractive and innovative fences is likely to act as potential growth opportunity over the forecast period.
Reasons to Buy This Report:
1. North America Metal Fencing Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Solution North America Metal Fencing Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The industry has been bifurcated based on end use and product type. By end use, the industry is classified as industrial, residential and agricultural. Agricultural wire fence and commercial wire fence are the key product types. Residential sector is likely to grow at high CAGR over the forecast period owing to the mounting remodeling products and construction activities. Industrial segment may likely to witness growth owing to increasing demand from colleges, industrial premises and schools. Moreover, proliferating need to protect crops, farm areas and farm animals from crooks and wild animals are expected to fuel the industry demand in agricultural sector.
Key competitors for North America metal fencing market share includes Jacksons Fencing, Westlake Chemical, Walpole Woodworkers, VEKA, Universal Forest Products, Trex Company, TENAX International, Tarter Farm and Ranch Equipment, Superior Concrete Products, Southwestern Wire, Sonco Worldwide, Richard's Fence, Poly Vinyl Company, Pexco, P&F Industries, Merchants Metals, Long Fence Company, Master Halco, Jerith Manufacturing, ITOCHU, Genova Products, Fiberon, D&D Technologies, CRH, Chamberlain Group, Builders Fence Company, Alside and Allan Block among others.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights
Website: https://www.gminsights.com/industry-analysis/north-america-metal-fencing-market%20
Source: MarketersMedia
Release ID: 525129
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