DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Asia Pacific Fencing Market 2021-2027" report.

The fencing market in the Asia-Pacific region is expected to grow at a healthy compound annual growth rate of 9.4% during the forecast period

The Asia-Pacific region is a promising fencing market. The region is made up of the fastest growing countries in the world, including China and India, and is expected to attract the attention of a large number of investors.

Although weak international demand and tariff escalation have put reasonable pressure on the economy, it is expected that the policy stimulus of different countries in the Asia-Pacific region will support production activities, thereby promoting manufacturing and industrial activities. Therefore, considering the efforts of various countries in developing industrial activities, the momentum of the fence market is expected to be positive.

Obstacles in the form of trade wars and economic slowdown are indeed widespread in the Asia-Pacific region, mainly in China and India. The sluggish domestic demand in India is driving a reduction in investment and production across the country. In addition, due to several other economic factors in the country, India's manufacturing industry has also been affected.

However, due to a large number of reforms and initiatives formulated and proposed by the government to meet such challenges, it is expected that the Indian fence market will experience positive growth. In addition, the Asia-Pacific region is one of the largest PVC production markets, accounting for more than 50% of global PVC production.

China is currently one of the countries that contribute the most to the global market, with the largest production capacity, output and demand. Over the years, due to the popularity of products and their ability to provide enhanced safety and protection, plastic fences have been in great demand. The increasing demand for reliable and durable fencing systems in buildings has led to the development and innovation of the manufacturing industry.

The fencing market is segmented according to 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 growing in terms of new construction and renovation projects throughout the region. 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.

In terms of countries, the market is divided into China, Japan, India, South Korea and other regions in the Asia-Pacific. The Chinese fence market is expected to grow at a healthier rate during the forecast period, and the main growth factor is expected to be an increase in industrial investment. China is the second largest economy in the world, with a GDP of 14,140.1 billion U.S. dollars in 2019, second only to the United States.

China's economic growth is mainly due to the growth of industrial production and investment. However, the ongoing trade war between China and the United States has had a negative impact on the fence market, which is expected to be short-term. The construction industry is one of the main driving factors for the growing demand for the fence market. The stimulus of industrial investment and the expansion of manufacturing facilities are driving the fence market

2.2. Analyst insights and current market trends

5.1. Asia Pacific Fencing Market by Material

5.2. Asia Pacific Fencing Market by Distribution

5.3. Asia Pacific Fencing Market by End Use

7.5. Hebei Jinshi Industrial Metal Co., Ltd.

7.8. NV Bekaert SA

7.9. Nemtek-Electric fence products

For more information about this report, please visit https://www.researchandmarkets.com/r/yktb6m

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900