Fencing Products: A US Market Report
San Jose, California (PRWEB) February 17, 2009
The deepening recession trend across the US market has created an environment of uncertainty. Owing to the economic turmoil, the US fencing products market is registering a sluggish growth rate. With demand for fences dropping down, fence manufacturers are seeking innovative ways to reduce costs of fence. Materials such as wheat straws and recycled plastics are emerging as prospective materials for fence making. Factors that are expected to drive growth in the US fence market include consumers craving for innovative and decorative home improvement products, and presence of considerable market for housing and remodeling. In addition, security of children, need for privacy, to prevent kids from entering into the hot tub or swimming pool area, to contain pets are also some of the popular reasons for the installation of fences.
With the ease of maintenance and the ability to mimic wood fences in terms of product finish, plastic fences, predominantly vinyl fences are gaining wide popularity among the residential customers. On the other hand, demand for ornamental fences has outweighed the popularity of chain link fences in the residential market. Factors propelling the demand for ornamental fences include cost-effectiveness and ability of the fences to serve as decorative pieces at the entrance.
Metal fencing market represents the largest segment in the fencing products market in 2008. Wood fencing market, the second largest product segment, is losing its sheen, outshined by the growing popularity of vinyl or PVC fences. On the other hand, plastics & other fencing segment is expected to flaunt the fastest growth over the next few years.
The US fencing products market is highly fragmented and is characterized by the presence of key and niche players. Market participants include Allan Block Corporation, Allied Tube & Conduit Corp, Ameristar Fence Products, Associated Materials, Alside, UltraGuard, Certain Teed Corporation, Craig Fencing, Crane Group, Crane Fencing Solutions, Master Halco, Nebraska Plastics, Oklahoma Steel & Wire Co, Oldcastle, Merchants Metals, Universal Forest Products, U.S. Fence, Veka, Westech Fence, Zareba Systems, among other players.
"Fencing Products: A US Market Report" from Global Industry Analysts, Inc. provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Market analytics are provided in terms of product segments including Metal, Wood, and Plastic & Others.
For more details about this research report, please visit http://www.strategyr.com/Fence_Products_Fencing_Market_Report.asp.
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