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(Medical-NewsWire.com, September 20, 2018 ) Fencing is a barrier intended to prevent escape, and it marks a boundary which is made of posts and wire or boards which is used to safeguard the properties and to improve the appearance and value of the property. There are different types of fencings like metal,wood,plastic,composite,concrete.
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RISE IN THE PRICE OF RAW MATERIALS IS RESTRICTING THE MARKET GROWTH:
High demand for raw materials is primarily increasing the price of the raw materials. Factors such as scarcity of wood, iron, metal, plastic, composite, and concrete are increasing the cost of the materialsin turn restricting the growth of the market in the forecast period 2019-2025.Fencing market statistics signifies that rise in coking coal prices will hurt near-term margins of Indian steel firms owing to the lag effect in the conversion of increased cost to steel prices. However, it said steel prices are improving globally which effects the overall fencing market in the upcoming years.
NORTH AMERICA AND EUROPE ARE PROJECTED TO CONTINUE ITS DOMINANCE IN THE FENCINGMARKET DURING 2019 - 2025:
North America accounted for the significant share of the fencing market with U.S., and Canada as leading revenue generators and Mexico as the promising market next to the U.S. because of the rising industrial and residential construction projects in the region and demand for decorative home product are estimated to contribute to the regional growth which is significant reason for the significant growth in this region. Moreover, Europe has emerging developments in infrastructure, and an increased thrust on security and safety has served to propel the global fencing market. Fencing market trends majorly include the growing construction investments along with the increasing trade relationships between the construction and the manufacturingcompanies.
ASIA-PACIFIC IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 – 2025:
The Asia Pacific is anticipated to surpass all other regions due to the rise in CAGR of 5% over the forecast timeline 2019-2025. Factors which are fueling the growth of the market in this region are progression and renovation works and a rapid rise in construction activities. The end user segments of industrial and commercial are also projected to drive significant growth in the region.
By Material:
• Metal
• Wood
• Plastic
• Composite
• Concrete
By ProductType:
• Agriculture
• Livestock wire fence
• Commercial wire fence
By Application:
• Residential
• Agriculture
• Industrial
By End-User:
• Residential
• Agriculture
• Industrial appeal
• Others.
The report provides an in-depth and full fencing market analysis on the key technological and product development aspects for all the key companies operating in the market in each region.
Fencing Market Players:
• Allied Tube and Conduit (U.S.)
• CertainTeed (U.S.)
• Beta Fence,(Belgium)
• Tenax Group (U.S.)
• Ply Gem Holdings (U.S.)
• Associated Materials LLC(U.S.)
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Source: EmailWire.Com 
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