Deck Protective Layer Market - Forecast(2023 - 2028)
Deck Protective Layer Market Overview
Deck protective layer market size
is forecast to grow at a CAGR of 6.5% during
the forecast period from 2021-2026. Deck protective layer protects
the deck of commercial or residential infrastructures, as harsh UV rays
can damage both wood, masonry, and concrete surfaces over time. In
areas with a long photoperiod (length of sunshine per day) over the summer
months, UV damage is accelerated. Hence, the deck can be protected by applying
paints or coating, especially on wooden decks. Therefore, with the growing
real-estate or building and construction industry, the demand for deck
protective layer market is growing. Whereas growing public interest towards wooden
houses will further enhance the overall market demand for deck protective layer
during the forecast period.
Impact of COVID-19
The rapid spread of coronavirus
has had a major impact on global markets as major economies of the world were under complete lockdown mode. Because of this major lockdown, suddenly all the
consumer market for construction has declined, owing to this, the market demand
for deck protective layer has also declined.
Report Coverage
The report: “Deck Protective Layer Market – Forecast (2021-2026)”, by IndustryARC,
covers an in-depth analysis of the following segments of the deck protective layer
Industry.
By Product Type– Sealants and Coatings (Multi Layer Coating, Clear Coating, Pigmented
Coating, Others), Others (Power Washers, Multi layer deck System, Restorative
Coatings, Primers, Others).
By Application – Residential (Split Slabs, Plywood Substrates, Green Roofs,
Others), Commercial (Green Roofs, Pedestal/Paver System, Plywood Substrates, Others)
and Others.
By Geography – North
America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France,
Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China,
Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia
Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South
America) and RoW (Middle East and Africa).
Key Takeaways
- Europe has dominated the deck protective layer market owing to increasing demand from applications such as residential and commercial construction.
- The growing demand for deck protection in the construction industry is likely to aid in the market growth of deck protective layer market.
- Growing public interest towards wooden houses in cold areas or for resorts will further enhance the overall market demand for deck protective layer during the forecast period.
- Stringent government regulations regarding deforestation will create hurdles for the construction of wooden houses, hence the deck protective layer market has declined.
Figure: Europe Deck Protective Layer Market Revenue, 2020-2026 (US$ Million/Billion)
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Deck Protective Layer Market Segment Analysis - By Product
Sealants and Coatings segment held the largest share of more than 30% in the deck protective layer market in 2020 and
is expected to grow at a CAGR of 6.1% during the forecast period. As the name
implies, these types of deck sealant coatings allow the natural color of the
wood or surface to show through. Clear sealers typically need to be
administered every 12 to 18 months or more as they don’t safeguard the
deck from sun as well as other deck coating products or
systems. So, these sealants lack UV protection. These types of clear sealers
can work for both traditional wood decks and concrete surfaces. For concrete
surfaces, it’s best to consider using a penetrating
clear sealer. Depending on the surface, clear sealers can
increase slipperiness and should be combined with a non-skid broadcast
when necessary.
Deck Protective Layer Market Segment Analysis - By Application
Residential sector has been the
primary market for deck protective layer in the year 2020 and is expected to
grow at a CAGR of 5.8% during the forecast period. To take advantage of any sunny day, then a deck is
the right choice.
Decks are an extension of
home and can be made out a variety of materials. Decks are great ways to enjoy
the outdoors, entertain and fire a quiet moment to relax. A deck means having a
social space, a focal point for the backyard where one can spend relaxation
time. A deck is a great space for any accessories one may want in their yard,
like outdoor tables and chairs, plants, lanterns, and more. According to the
“United States Census Bureau”, as compared to the month of February 2020, there
is an increase in 5% of new privately-owned housing units completed in USA in
the year of 2021. Hence with the increasing residential construction, the deck
protective layer market is expected to grow.
Deck Protective Layer Market Segment Analysis - By Geography
Europe has dominated the deck
protective layer market in the year 2020 and is expected to grow at a CAGR of 5.2% during the forecast period. There is also a tradition of construction in
Europe which involves masonry, and which goes back several hundred (even
thousands) of years. Due to the cold climate and higher purchasing power of the
people in Europe, people often like to buy or construct wooden houses. Whereas
the rich forests of Europe drive the market demand for wooden houses in this
region. U.K is the one the largest market for the wooden houses in this region
and with the increasing demand for wooden housed the demand for deck protective
layer will also grow. However, according to “European Union Open Data Portal ”, the share of residential
construction share in GDP has increased by 0.4% between 2016 to 2019, reaching
4.9%. So, the increasing spending towards residential construction will drive
the market growth for deck protective layer.
Deck Protective Layer Market Drivers
Boosts the Value of Houses
In a manner to
boost the value of house and to make it look royal, people generally look, a
deck as a great option. In-fact installing a deck can increase the value of a
home by more than to add another bathroom or living room. Additionally, decks
are normally much more inexpensive to add to your home than these other home
renovations. many homebuyers prefer homes with decks in the backyard,
especially if the deck was professionally designed. These businesses minded
thinking is driving the market growth for deck protective layers market
Increases Square Footage and can be used for various other uses
Another reason
why decks are so popular is that they can increase the square footage of
houses. During the warmer months, a deck can essentially extend the usable
space of home for activities such as eating, relaxing, and cooking on the
grill. When you add patio furniture, bird feeders, and potted plants, decks
also provide a place to enjoy nature on your property. Most decks have usable
space underneath them as well. This area is an ideal place to store outdoor
equipment that may otherwise clutter your yard or garage.
Deck Protective Layer Market Challenges
Stringent Government regulations
When it comes
to deforestation – either stopping it or encouraging it – a country’s laws and
policies can make a great difference. But no country has just one policy that
shapes all outcomes, nor one single authority that controls all sectors.
Rather, the laws influencing how land and forests are used (or abused), and the
lines of authority that govern them, form a complex, tortuous web where the
threads themselves are often unclear. So, government regulations regarding the
deforestation will hamper the overall market growth for deck protective layer
market because policies regarding deforestation will decline the construction
of wooden houses.
Deck Protective Layer Market Landscape
Technology launches, acquisitions and R&D
activities are key strategies adopted by players in the Deck protective layer market.
Major players in the deck protective layer market are A. Kahne Bootsausstatter,
Bellotti Spa, Casa Mare, Directeck, Eurodesign, Ginnacle Import/Export Pte,
Gisatex Gmbh Co. Kg, King Plastic, M.M. Srl, Mar Quipt, among others.
Relevant Reports
Report Code: CMR 0108
Report Code: CMR 0141
1. Deck Protective Layer Market- Market Overview
1.1 Definitions and Scope
2. Deck Protective Layer Market - Executive Summary
2.1 Key Trends by Product Type
2.2 Key Trends by Application
2.3 Key Trends by Geography
3. Deck Protective Layer Market – Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Deck Protective Layer Market - Startup companies Scenario Premium io Premium
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Deck Protective Layer Market – Industry Market Entry Scenario Premium io Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Successful Venture Profiles
5.4 Customer Analysis – Major companies
6. Deck Protective Layer Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Deck Protective Layer Market – Strategic Analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Deck Protective Layer Market – By Product Type (Market Size -$Million/Billion)
8.1 Sealants and Coatings
8.1.1 Multi-Layer Coating
8.1.2 Clear Coating
8.1.3 Pigmented Coating
8.1.4 Others
8.2 Others
8.2.1 Power Washers
8.2.2 Multi-layer deck System
8.2.3 Restorative Coatings
8.2.4 Primers
8.2.5 Others.
9. Deck Protective Layer Market – By Application (Market Size -$Million/Billion)
9.1 Residential
9.1.1 Split Slabs
9.1.2 Plywood Substrates
9.1.3 Green Roofs
9.1.4 Others
9.2 Commercial
9.2.1 Green Roofs
9.2.2 Pedestal/Paver System
9.2.3 Plywood Substrates
9.2.4 Others
9.3 Others
10. Deck Protective Layer Market - By Geography (Market Size -$Million/Billion)
10.1 North America
10.1.1 USA
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 UK
10.2.2 Germany
10.2.3 France
10.2.4 Italy
10.2.5 Netherlands
10.2.6 Spain
10.2.7 Russia
10.2.8 Belgium
10.2.9 Rest of Europe
10.3 Asia-Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Australia and New Zealand
10.3.6 Indonesia
10.3.7 Taiwan
10.3.8 Malaysia
10.3.9 Rest of APAC
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Colombia
10.4.4 Chile
10.4.5 Rest of South America
10.5 Rest of the World
10.5.1 Middle East
10.5.1.1 Saudi Arabia
10.5.1.2 U.A.E
10.5.1.3 Israel
10.5.1.4 Rest of the Middle East
10.5.2 Africa
10.5.2.1 South Africa
10.5.2.2 Nigeria
10.5.2.3 Rest of Africa
11. Deck Protective Layer Market – Entropy
11.1 New Product Launches
11.2 M&As, Collaborations, JVs and Partnerships
12. Deck Protective Layer Market – Market Share Analysis Premium
12.1 Market Share at Global Level - Major companies
12.2 Market Share by Key Region - Major companies
12.3 Market Share by Key Country - Major companies
12.4 Market Share by Key Application - Major companies
12.5 Market Share by Key Product Type/Product category - Major companies
13. Deck Protective Layer Market – Key Company List by Country Premium Premium
14. Deck Protective Layer Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
14.1 Company 1
14.2 Company 2
14.3 Company 3
14.4 Company 4
14.5 Company 5
14.6 Company 6
14.7 Company 7
14.8 Company 8
14.9 Company 9
14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"