QYResearch: The global metal fencing market is expected to reach 14070.53 Million USD in 2022

QYResearch: The global metal fencing market is expected to reach 14070.53 Million USD in 2022

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QYResearch A metal fencing is a type of fence fabricated primarily with steel, aluminum etc. Metal fencing is strong, durable, and available in many different styles. Metal fences can also be crafted into custom decorative designs that imbue a property with classic beauty.

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QYResearch The global consumption of metal fencing increases from 765.35 million Linear Feet in 2012 to 1004.92 million Linear Feet in 2016, at a CAGR of 7.05%. The global metal fencing sales market is estimated to be worth 1087.27 million Linear Feet by the end of 2017 and to reach 1585.25 million Linear Feet in 2022.

According to QYResearch, The global metal fencing market is estimated to be worth 10642.41 Million USD by the end of 2017. The market is expected to reach 14070.53 Million USD in 2022 with an average growth rate of 5.74%.

At present, the manufactures of metal fencing are concentrated in North America, Europe, China and Asia(excluding China). In 2016, the global metal fencing consumption market is led by North America (sales market share is 27.75% in 2016), followed by China and Europe.

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QYResearch The production market is rather scattered. At present, the major manufacturers of metal fencing are Betafence, Ameristar Fence, Yehuda Fences, Barrette, Bekaert and Master Halco, which only accounting for about 10 % market share in 2016.

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QYResearch Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area. There will be more new investors entering into this industry in the future.

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