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The global fencing market will grow with an anticipated CAGR of 4.18% during the forecast period and will reach revenue of $38025 million by 2027
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Fencing Market 2019-2027
The global fencing market is projected to record a CAGR of 4.18% during the estimated years from 2019 to 2027. The global market generated a revenue of $XX million in 2018 and is expected to amount for $38025 million in revenue terms by 2027. Some of the factors contributing to the surging demand for fences are rising disposable income and thriving construction sector on a global scale.
The global fencing market includes several segments, such as application, material, and end-user. • The materials used in the production of fences include plastic & composite, metal, concrete, and wood. • Among all the materials, metal captures the largest share of the global fencing market. • In revenue terms, the metal fencing market accounted for around 52.11% share in 2018. • Steel, aluminum, and ornamental fences are encompassed in the metal segment of fencing market.
“The global fencing market is projected to record a CAGR of 4.18% during the estimated years from 2019 to 2027.” https://www.inkwoodresearch.com/reports/global-fencing-market-forecast-2019-2027/
The North America fencing market is projected to record a CAGR of 3.58% between the projected years of 2019 and 2027. The market generated $XX million in 2018 and expected to contribute $XX million in revenue terms by the end of the period.
During the forecasted period of 2019-2027, the Europe fencing market is projected to register a CAGR of 4.15% together with contributing $XX million in terms of revenue by the end of 2027.
Fences are primarily used for security and protection purposes, along with giving an aesthetic appeal to the buildings and other infrastructure. The fencing market in the Asia Pacific is expected to grow at a fast rate by recording a CAGR of 5.00% during the projected period of 2019-2027.
The well-established companies functioning in the global water quality monitoring market are ThermoFisher Scientific, Danaher Corporation, Pentair Plc, Shimadzu Corporation, Agilent Technologies, Evoqua Water Technologies LLC, General Electric Company, Heron Instruments Inc., Uponor Corporation, Horiba Ltd., Jenco, Xylem Inc., Teledyne Technologies Inc., Oakton Instruments, Emerson Instruments Inc., RS Hydro, and LaMotte Company.