Plastics and composite fencing is forecast to see the most rapid growth in demand through 2016 in a U.S. fencing market forecast to expand 7.1%/yr. In a new study, The Freedonia Group Inc. (Cleveland, OH) predicted that U.S. fencing market would be valued at $8.3 billion in 2016, with total demand for 835 million linear feet.
The reported posited that growth will be driven by an expected rebound in building construction from a depressed 2011 base. In addition, advances will also be supported by rising installation of high-value fences, such as ornamental metal and composite fencing. Freedonia reported that consumers are opting for these materials because of their favorable aesthetic and performance properties. ...