North America Metal Fencing Market 2024 Top Players Jacksons Fencing, Westlake Chemical, Walpole Woodworkers, Veka, Universal Forest Products, Trex Company, Tenax International.

(EstateNewsWire.com, August 10, 2018 ) 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 CAGR of over 4% from 2016 to 2023. 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.

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.

The U.S metal fencing market share is primarily driven by mounting installation of high value fences such as composite fencing and ornamental metal. In addition, increasing adoption of these materials based on their performance advantages and aesthetic by customers in the region is likely to surge the demand growth.

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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.

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