2021-2027 North American Fencing Market Report: Increased R&D investment in reinforced materials and increased demand for renovation and renovation development

2021-12-08 06:31:50 By : Mr. Hui Zhang

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Dublin, November 10, 2021 (Global News Service)-The "North American Fencing Market 2021-2027" report has been added to ResearchAndMarkets.com's products.

The North American fence market is expected to grow substantially at a compound annual growth rate of 7.0% during the forecast period

North America accounts for the largest share of the global fencing market. The growth of the North American fence market is supported by increased investment in reinforced materials research and development and increased demand for renovation and refurbishment development in the region.

The strongest economic growth in the United States and Canada, the development of the industrial sector, and the expansion of the company are driving North American fence sales. Due to durability and versatility, PVC fences have gained high appeal among other materials. The United States is one of the major countries in the world for PVC production.

However, due to the economic slowdown and the 2020 COVID-19 pandemic, planned industrial projects have declined. Approximately 91 manufacturing or production plants, 74 distribution centers or warehousing, 32 new construction projects, 36 factory expansions and 45 needs are expected to undergo refurbishment and equipment upgrades in North America in March 2020.

Crown owns one of the largest manufacturing buildings. The company invested approximately US$147 million and has begun construction of a 327,000-square-foot manufacturing plant in Bowling Green, Kentucky. The company expects the facility to be operational in 2021.

In addition, taking into account the planned industrial activities, the market demand for fences is expected to grow rapidly. However, due to the pandemic, industrial activity has declined. However, the North American industrial sector is expected to recover and regain its global market position. Therefore, with the increase in product sales throughout the region, the demand for fences is expected to be high during the forecast period.

The North American fence market is segmented based on materials, distribution, and end use. According to materials, the market is segmented into concrete, metal, plastic, and wood. According to the distribution, the market is divided into offline and online. According to the end use, the market is divided into agriculture, energy and power, government, military and defense, mining, petroleum and chemical, residential and warehouse.

The residential sector is witnessing the growth of new construction and renovation projects worldwide. It has always been the driving force of the overall global fencing market. In terms of new construction in the residential sector, demand is currently being driven by new government-funded housing projects, especially due to the increase in the immigrant population.

Main topics covered: 1. Report summary 1.1. Research methods and tools 1.2. Market segmentation 2. Market overview and insight 2.1. Scope of the report 2.2. Analyst insights and current market trends 2.3. Rules and Regulations 3. Competition landscape 3.1. Competition dashboard 3.2. Analysis of key strategies 3.3. Analysis of major companies 4. Market determinants 4.1 Motivation factors 4.2 Limiting factors 4.1. Opportunity 5. Market segmentation 5.1. The North American fencing market is based on material 5.1.1. Specific 5.1.2 Metal 5.1.3 Plastic 5.1.4. Wood 5.2. The North American fencing market distribution 5.2.1. Offline 5.2.2. Online 5.3. The North American fencing market is 5.3.1 by end use. Agriculture 5.3.2 Energy and Electricity 5.3.3. Government 5.3.4. Military and Defense 5.3.5. Mining 5.3.6. Petroleum and Chemical 5.3.7. Residential 5.3.8. Warehouse 6. Regional analysis 6.1. United States 6.2. Canada 7. Company Profile 7.1. AFTEC, LLC 7.2. Security around Ameristar 7.3. Related Materials Co., Ltd. 7.4. Hairpin 7.5. Betafence 7.6. Cascade Fence & Deck, LLC 7.7. Confirmation (Saint-Gobain Company) 7.8. Flying Fiber 7.9. Gregory Industries 7.10. GSM 7.11. Jerrys made 7.12. The long fence 7.13. Floor Gem Residential Solution 7.14. Poly Creation 7.15. Professional storage solutions 7.16. Ghost 7.17. Titan gate and fence

For more information about this report, please visit https://www.researchandmarkets.com/r/ic9oau

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