Wood & Competitive Decking

Freedonia Industry Study #1511 Wood & Competitive Decking Study Publication Date: January 2002 Price: $3,700 Pages: 247 Wood & Competitive Decking,...
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Freedonia Industry Study #1511

Wood & Competitive Decking

Study Publication Date: January 2002 Price: $3,700 Pages: 247

Wood & Competitive Decking, a new study from The Freedonia Group, provides you with an in-depth analysis of major trends in the industry and the outlook for product segments and major markets -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, Wood & Competitive Decking. Ordering information is included on the back page of the brochure.

Brochure Table of Contents Study Highlights ............................................................................... 2 Table of Contents and List of Tables and Charts ............................. 4 Sample Pages and Sample Tables from: Market Environment .................................................... 6 Products ....................................................................... 7 Demand by Market and Region .................................. 8 Industry Structure ........................................................ 9 Company Profiles ...................................................... 10 List of Companies Profiled ........................................ 11 Forecasting Methodology ............................................................... 12 About the Company ....................................................................... 13 Advantages of Freedonia Reports ................................................... 13 About Our Customers .................................................................... 14 Other Titles From Freedonia ......................................................... 15 Ordering Information ..................................................................... 16

Study Highlights

Wood & Competitive Decking #1511 2



US demand for decking is projected to increase 1.6 percent per annum through 2005 to 5.1 billion board feet.



The growing penetration of alternative decking materials, which are typically more expensive than standard wood decking, will result in an increase in the value of decking of 6.1 percent per year to $4.5 billion in 2005.



Sales of composite decking will be fueled by the favorable performance characteristics of the material (e.g., long life, high durability and low maintenance requirements), as well as by the product's environmentally friendly status.



Demand for wood decking will stem from the familiarity of builders and consumers with the material, as well as from the positive performance characteristics of wood decks (e.g., high tensile strength and good aesthetics).



Residential building construction in the principal end use for decking, and will show the strongest growth of the various end-use markets.



The decking market is dominated by such large wood decking suppliers as Georgia-Pacific, Temple-Inland and Weyerhaeuser. Major producers in the smaller decking material segment include AERT, Heritage Vinyl Products, Louisiana-Pacific, Royal Crown, TimberTech, Trex and US Plastic Lumber.

Freedonia Industry Study

Study Highlights

Decking Demand by Market, 2000 Residential Buildings 62.0%

Nonbuilding Construction 28.5%

Nonresidential Buildings 9.5%

Decking Market (million board feet)

% Annual Growth Item

1995

2000

2005

2010

00/95

05/00

Construction Expenditures (bil 96$) board feet/000$ expend

569.6 7.2

706.7 6.6

758.6 6.7

834.1 6.7

4.4 —

1.4 —

Decking Demand By Material: Wood Wood-Plastic Composite Plastic & Other

4115

4677

SUMMARY 5075 5580 TABLE 2.6

1.6

3976 95 44

4366 236 75

4470 488 117

3995 1396 189

1.9 20.0 11.3

0.5 15.6 9.3

2465 367 1283

2900 444 1333

3220 485 1370

3605 550 1425

3.3 3.9 0.8

2.1 1.8 0.5

0.70 2885

0.72 3369

0.89 4540

1.15 6390

0.6 3.2

4.3 6.1

By Market: Residential Buildings Nonresidential Buildings Nonbuilding Construction $/board foot Decking Demand (mil $) © Copyright by The Freedonia Group, Inc.

Wood & Competitive Decking #1511

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List of Contents, Tables and Charts

I. EXECUTIVE SUMMARY Summary Table ................................................................ 3 II. MARKET ENVIRONMENT General ................................................................................. 4 Macroeconomic Environment .............................................. 5 Table - Macroeconomic Trends ........................................ 7 Personal Expenditure Patterns .............................................. 8 Personal Income & Expenditures ...................................... 8 Table - Personal Income & Expenditures .................... 10 Consumer Financing ...................................................... 10 Table - Consumer Financing Environment ................ 12 Demographic Trends ......................................................... 12 Population ...................................................................... 13 Table - Population & Households .............................. 15 Households ..................................................................... 15 Construction Trends .......................................................... 16 Construction Expenditures ............................................. 16 Table - Construction Expenditures ............................. 18 Construction Stock ......................................................... 18 Table - Construction Stock ......................................... 19 Building Construction Trends ........................................... 20 Residential Construction ................................................. 22 Table - Residential Construction Expenditures ........... 24 Housing Starts ............................................................. 24 Table - Housing Starts & Existing Stock ................. 26 Housing Stock ............................................................. 26 Single-Family Home Sales ........................................... 27 Table - Single-Family Home Sales ........................... 28 Repair & Improvement Activity .................................. 28 Table - Residential Repair & Improvement Expenditures ......................................................... 29 Nonresidential Construction ........................................... 30 Construction Expenditures ......................................... 30 Table - Nonresidential Construction Expenditures ..... 31 Repair & Improvement Activity .................................. 31 Table - Nonresidential Repair & Improvement Expenditures ......................................................... 32 Nonbuilding Construction Trends .................................... 32

Wood & Competitive Decking #1511 4

Table - Nonbuilding Construction Expenditures ........... 34 Market Volatility & Seasonality .......................................... 34 Table - Deck Market Trends, 1990-2000 ...................... 36 Chart - Deck Market, 1991-2000 .................................. 36 Pricing Patterns .................................................................. 37 Table - Decking Pricing Trends ...................................... 38 Regulations & Standards .................................................... 38 Environmental Issues .......................................................... 41 US Foreign Trade ............................................................... 44 World Decking Overview ................................................... 45 III. PRODUCTS BY MATERIAL General ............................................................................... 47 Volume Outlook ............................................................. 48 Table - Decking Demand by Material & Function ..... 50 Chart - Decking Demand by Material, 1990-2010 .... 51 Value Outlook ................................................................ 51 Table - Decking Market Value by Material ................. 53 Chart - Decking Market Value by Material, 1990-2010 ............................................................... 53 Installed Costs ................................................................. 54 Chart - Average Installed Cost for Selected Decking Materials, 2000 ........................................... 55 Wood ................................................................................ 55 Table - Wood Decking Demand by Function ................ 58 Products ......................................................................... 58 Table - Wood Decking Demand by Type .................. 59 Pressure-Treated ......................................................... 59 Redwood .................................................................... 61 Cedar .......................................................................... 62 Other .......................................................................... 64 Markets ........................................................................... 65 Table - Wood Decking Demand by Market Type & Application ................................ 68 Installation Methods ....................................................... 68 Table - Wood Decking Demand by Installation Method .. 69 Wood-Plastic Composite .................................................... 70 Table - Wood-Plastic Composite Decking Demand by Function ................................................... 73 Products ......................................................................... 74 Table - Wood-Plastic Composite Decking Demand by Type ..................................................... 76 Markets ........................................................................... 77 Table - Wood-Plastic Composite Decking Demand by Market Type & Application .................. 79 Installation Methods ....................................................... 79 Table - Wood-Plastic Composite Decking Demand by Installation Method ............................... 81 Plastic & Other .................................................................. 81 Table - Plastic & Other Decking Demand by Function ... 84

Freedonia Industry Study

Products ......................................................................... 84 Table - Plastic & Other Decking Demand by Type .... 85 Vinyl ........................................................................... 85 Polyethylene ............................................................... 87 Miscellaneous .............................................................. 89 Markets ........................................................................... 90 Table - Plastic & Other Decking Demand by Market Type & Application .................. 93 Installation Methods ....................................................... 93 Table - Plastic & Other Decking Demand by Installation Method ............................... 95 IV. MARKETS General ............................................................................... 96 Table - Decking Demand by Market .............................. 98 Chart - Decking Demand by Market, 2000 ................... 98 Residential Buildings .......................................................... 99 Table - Residential Decking Demand by Product & Use .... 101 New Housing .............................................................. 101 Table - New Residential Decking Demand by Product .............................................. 103 Repair & Improvement ................................................ 103 Table - Residential Repair & Improvement Decking Demand by Product .............................................. 107 Nonresidential Buildings ................................................. 107 Table - Nonresidential Building Decking Demand by Product & Use ....................................... 109 New Buildings ............................................................. 109 Table - New Nonresidential Building Decking Demand by Product .............................................. 111 Repair & Improvement ................................................ 111 Table - Nonresidential Building Repair & Improvement Decking Demand by Product ...... 113 Nonbuilding Construction .............................................. 113 Table - Nonbuilding Construction Decking Demand by Product & Use ....................................... 116 New ............................................................................. 116 Table - New Nonbuilding Construction Decking Demand by Product .............................................. 118 Repair & Improvement ................................................ 118 Table - Nonbuilding Construction Repair & Improvement Decking Demand by Product ...... 120 V. DEMAND BY REGION General ............................................................................ Regional Demographic & Economic Trends ................... Population Patterns ..................................................... Table - US Population by Region ............................ Economic Outlook ...................................................... Table - Regional Gross Domestic Product ................

Wood & Competitive Decking #1511

121 122 123 125 125 127

Construction Activity .................................................. Table - Regional Construction Expenditures ........... Housing Trends .......................................................... Table - Regional Housing Starts & Stock ................. Regional Demand for Decking ........................................ Table - Decking Demand by Region ........................... Chart - Decking Demand by Region, 2000 ................. Northeast ..................................................................... Table - Northeast Decking Demand ........................ New England .......................................................... Middle Atlantic ........................................................ Midwest ...................................................................... Table - Midwest Decking Demand .......................... East North Central ................................................... West North Central ................................................. South ........................................................................... Table - South Decking Demand .............................. South Atlantic .......................................................... East South Central ................................................... West South Central .................................................. West ............................................................................ Table - West Decking Demand ................................ Mountain ................................................................ Pacific ......................................................................

127 129 129 131 131 132 133 133 135 135 136 137 139 139 140 141 143 143 144 145 146 148 149 150

VI. INDUSTRY STRUCTURE General ............................................................................ 152 Industry Composition ..................................................... 153 Table - Estimated Revenues for Selected Decking Suppliers, 2000 ......................................................... 156 Market Share ................................................................... 156 Wood Decking ............................................................ 157 Wood-Plastic Composite Decking ................................ 158 Chart - Composite Decking Market Share, 2000 ..... 161 Plastic & Other Alternative Decking ............................ 161 Chart - Plastic & Other Alternative Decking Market Share, 2000 ............................................... 163 Competitive Strategies ..................................................... 164 Product Development ..................................................... 166 Manufacturing ................................................................ 167 Marketing ........................................................................ 171 Wood Decking ............................................................ 171 Alternative Decking ..................................................... 172 Distribution .................................................................... 174 Mergers & Acquisitions ................................................... 176 Table - Selected Acquisitions & Divestitures ................ 179 Cooperative Agreements .................................................. 179 Table - Selected Cooperative Agreements ..................... 182 Company Profiles ..................................................... 183-247

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Market Environment The Market Environment Section discusses factors influencing decking demand, including consumer spending and construction trends. This information provides you with an

MARKET ENVIRONMENT

Environmental Issues

understanding and an analysis of the climate in which the decking industry operates.

Environmental issues play an increasingly important role in the US decking industry. Among the principal issues addressed are the environmental impact of wood decking materials, the use of recycled materials in production and the

SAMPLE PAGE

recyclability of decking materials. The relative importance of these factors varies somewhat between the wood and alternative decking product segments. Within the wood decking segment, major environmental issues include the preservation of timber resources and the effects of the preservatives used to treat most wood decking. Land-use regulations and environmental and endangered species concerns are limiting the amount of timber sold by the US government, particularly from old-growth forests. The effects of these trends are felt particularly strongly in the redwood decking market as a result of the endangered status of redwood forests. The limitation on harvesting of old-growth redwoods has had such effects as upwards pressure on prices for wood decking and the use of newgrowth timber, which often has such less desirable performance traits as knots and less dense cell formulations. In contrast, the majority of Western red cedar used in decking comes from large coastal softwood forests in California and British Columbia, Canada, the majority of which are managed forests with controlled harvest, natural regeneration and reforestation programs. Concern over the environmental impact of forestry operations also has a significant impact on the portion of decking made from such imported woods as ipe and mahogany. These woods are often imported from developing countries with deforestation problems and may or may not be endangered species. To combat possible concerns over the environmental friendliness of these woods, some exotic wood importers focus on the use of environmentally responsible harvesting processes. For example, wood importer Timber Holdings sells wood only from sources that comply with a variety of sustainable management

Wood & Competitive Decking #1511 6

Freedonia Industry Study

Products by Material The Products by Material Section provides demand for historical years and

PRODUCTS BY MATERIAL

forecasts growth to 2005 and 2010. Installation Methods

This information helps you: Composite decking is designed for installation using standard woodworking tools and fasteners and is typically installed in much the same manner as wood decking.



Analyze your company's

However, there are several differences between traditional wood and composite

growth potential in

decking in terms of installation. Composite materials are heavier than many types of wood and often require narrower joist spacing, which works to raise the cost of

the industry.

the materials required for the substructure. Also, because of the plastic component, composite decks typically have higher thermal expansion coefficients than



wood decking, and thus need to be gapped at both the ends and edges of the boards

Outline your strategic

to allow for expansion and contraction.

plans for five and ten years out.

Composite decking is typically installed by professional contractors, with professional installation accounting for approximately 90 percent of total composite decking demand in 2000. Gains in professionally installed composite



Establish sales goals.

decking will roughly pace aggregate composite decking growth through 2005,

SAMPLE PAGE

increasing 15.3 percent annually to 430 million board feet. Contractor-installed methods will remain the dominant means of building composite decks, although the share of the market held by professional installers will decrease slightly over the forecast period. Advances for composite decks installed using DIY methods will outpace overall composite growth, rising to 58 million board feet in 2005. Composite decking is the most readily available alternative to wood for the DIY deck market, as the Wood Decking Demand by Type material is sold through a large number of lumberyards and home centers. (million board feet) However, DIY installation accounts for a smaller percentage of installation in the

Item

1990

1995

2000

2005

composite decking segment than in the wood decking segment. This lower

2010

penetration is primarily a result of the higher price of the material, as many

Construction Expenditures (bil 96$) 560.9 569.6 706.7 758.6 834.1 consumers are not aware of the long-term performance benefits of composite and board feet/000$ expend 6.6 7.0 6.2 5.9 4.8 thus opt to build decks from pressure-treated wood,SAMPLE which has a lower initial price. TABLE

composite decking becomes more prevalent3976 and consumers Wood DeckingAsDemand 3729 4366 become 4470more aware 3995 Pressure-Treated 2990 3244 3619 3717 3225 Redwood 410 378 349 320 294 Cedar 254 274 306 331 360 Other 75 80 92 102 116 © Copyright by The Freedonia Group, Inc.

Wood & Competitive Decking #1511

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Demand by Market & Region These Sections analyze trends and consider the threats and opportunities in each region and major market for wood and competitive decking. The information presented will help you:

MARKETS

New Nonbuilding Construction

Deck demand in new nonbuilding markets is projected to lead gains in the nonbuilding sector, increasing 1.8 percent per annum to 219 million board feet in



Focus your sales and marketing efforts on high growth areas.

SAMPLE PAGE

2005. This pace represents an improvement from the decline of the 1995-2000 period as a result of a healthier outlook for new construction expenditures. However, gains will be limited by the mature markets in which nonbuilding decking



Propose new areas for development.

is consumed. For example, most coastal areas in the US are well-developed and have minimal space for the construction of new piers, boardwalks and the like. Gains in new nonbuilding deck demand will also be limited by a weakening economic forecast, which will serve to slow down construction of new amusement parks and other luxury-type nonbuilding decking applications.

Alternative decking materials such as composite, vinyl and polyethylene decking are projected to experience strong gains in the new nonbuilding market through 2005, significantly outpacing wood demand and decreasing the share of the market held by wood to less than 90 percent. While these alternative materials are still used less in new nonbuilding markets than in nonbuilding repair and improvement South Decking Demand

(million board feet)

applications, they have achieved higher penetration in the new nonbuilding market than in either of the new building construction markets and will continue to increase their share of the market. This elevated growth will primarily result from

Item

1990

1995

2000

2005

2010

and little to no upkeep. South Construction Expendlong (billife, 96$)high durability 181.3 196.4 247.1 board feet/000$ expend 6.5 6.7 6.2

265.8 6.3

293.1 6.5

the performance advantages associated with alternative decking materials, such as

Although the one percent annual gains expected for the TABLE wood decking segment of SAMPLE

South Decking Demand South Atlantic East South Central West South Central

1179 will1321 1685 they1910 the new nonbuilding market lag overall1537 market growth, will exceed the 691wood decking 805 market. 885 Gains 1010 advances projected for 624 the aggregate will primarily 190 365

215 415

241 491

260 540

290 610

% south 31.1 32.1 32.9 Group, Total US Decking Demand© Copyright by The Freedonia 3793 4115 Inc.4677

33.2 5075

34.2 5580

result from the continued popularity of exotic hardwoods in nonbuilding applications requiring high durability, such as boardwalks. Increased usage of these more

© Copyright by The Freedonia Group, Inc.

Wood & Competitive Decking #1511 8

Freedonia Industry Study

Industry Structure Sample page from Freedonia Industry Study Gain a better understanding of your #1117 Fractional Horsepower Motors competition and analyze your company's position in the industry with information about: • industry composition • market share • competitive strategies

INDUSTRY STRUCTURE

Manufacturing The different raw materials and manufacturing processes used by decking companies lead to varying facility requirements. While barriers into the wood decking market are relatively low, production of alternative decking materials requires

• product development

significant capital investment. More specifically, the manufacturing processes employed by many alternative decking producers involve proprietary technolo-

• manufacturing

gies and specialized or custom-designed manufacturing equipment.

SAMPLE PAGE

In addition, the location of manufacturing operations differs somewhat between

• marketing

the wood and alternative material segments. Producers of wood decking generally establish sawmills and wood treatment facilities in proximity to timber reserves in

• distribution

an effort to reduce transportation costs. In contrast, raw material proximity plays less of a role in the alternative decking material segment, because most of the plastic raw materials used in the segment are easily transportable and readily

• mergers & acquisitions • cooperative agreements

available on the merchant market. The supply of raw materials is, however, a major issue for alternative decking material producers. Some companies, such as Louisiana-Pacific and Trex, use raw materials sourced through supply agreements or from various other external sources. Others are vertically integrated into the production of raw materials. One such company is AERT, which established internal plastic recycling operations in 1990 adjacent to its composite decking manufacturing plant. The reclamation unit uses proprietary waste reclamation technologies to recover waste plastics from the byproduct of paper recycling mills, as well as waste plastic from post-consumer or post-industrial plastic films. AERT uses internally produced raw materials in order to reduce its exposure to price volatility, inconsistent quality and potential supply disruptions in raw materials. Manufacturing operations in the alternative decking material segment are also characterized by a high level of volatility as producers attempt to satisfy rapidly

Wood & Competitive Decking #1511

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Company Profiles The Profiles Section analyzes 37 companies active in the U.S. wood and competitive decking market. These profiles represent a sampling or crosssection of the types of companies

COMPANY PROFILES

involved in the industry. Saint-Gobain

Divisions, subsidiaries, joint

Les Miroirs, 18 avenue d’Alsace 92096 Paris La Defense Cedex

ventures, etc., are discussed under

France

appropriate parent companies.

331-4762-3000 http://www.saint-gobain.com

Sources for profiles included:

CertainTeed Corporation 750 East Swedesford Road Valley Forge, PA 19482

• Information provided by key staff members in the respective companies

610-341-7000 http://www.certainteed.com Saint-Gobain is an international company that operates in three segments: Glass, High-Performance Materials and Housing Products. In 2000, the Company had

• Annual reports

sales of $26.6 billion, of which North in 2000.

• 10-K reports

billion. The Company employed 171,125

SAMPLE PAGE

The Company is active in the US wood and competitive decking industry through its CertainTeed Corporation subsidiary, which operates as part of the Housing

• Security analysts reports

Products segment’s Building Materials division. CertainTeed is a diversified building products manufacturer that produces a variety of materials, including vinyl decking, railing and fencing; composite decking and railing; and pipes, foundation

• Corporate product literature

systems, vinyl windows, vinyl and fiber cement siding, roofing systems and ventilation products. Decking products from CertainTeed are marketed under such brand names as BOARDWALK, BUFFTECH and EVERNEW. BOARDWALK composite decking is made from the company’s patented ECOTECH composite material. By weight, ECOTECH is comprised of a maximum of 65-percent polyvinyl chloride (PVC) © Copyright by The Freedonia Group, Inc.

Wood & Competitive Decking #1511 10

Freedonia Industry Study

Companies Profiled Advanced Environmental Recycling Technologies Inc. Arch Chemicals Inc. Hickson International plc Walker Brothers Associated Materials Inc. Alside Inc. UltraGuard Bedford Technology LLC Boise Cascade Corp. Cecco Trading Inc. Timber Holdings Ltd. CPI Plastics Group Ltd. Eon Outdoor Systems Inc. Crane Plastics Holding Co. TimberTech Ltd. DeckRite LLC Duradek Ensurco Duradek US Ltd. Fiber Composites LLC Georgia-Pacific Corp. Hancor Holdings LLC Heritage Vinyl Products Outdoor Technologies Inc. International Paper Co. LB Plastics Inc. Louisiana-Pacific Corp. ABTco Building Products Corp. L-P Specialty Products N.E.W. Plastics Corp. Renew Plastics Nexwood Industries Ltd. Nortek Inc. Hoover Treated Wood Products Inc. Kroy Building Products Inc. Phoenix Recycled Plastics Corp. Plastic Lumber Co. Inc. Plastic Recycling of Iowa Falls Inc. Polywood Inc. Porta-Dock Inc. Pultronex Corp.

Wood & Competitive Decking #1511

Rockwood Specialties Inc. Chemical Specialties Inc. Royal Group Technologies Ltd. Royal Crown Ltd. Saint-Gobain CertainTeed Corp. Sherwin-Williams Co. Thompson’s Co. Strandex Inc. Temple-Inland Inc. Thermal Industries Inc. Trex Co. Inc. US Plastic Lumber Corp. Westlake Group Westech Fence Weyerhaeuser Co. Willamette Industries Inc.

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Forecasting Methodology Freedonia does not just collect and reprint data; Freedonia develops data. Our analysts thoroughly investigate an industry by extensively interviewing key industry participants and analyzing information from sources such as associations, government and trade literature. Once this research is complete, Freedonia establishes one set of forecasts. All writing, editing and forecasting is done in-house to assure quality and consistency. In cases where data does not exist, Freedonia develops the data based on input/output ratios, bills of materials and flow charts. The following chart summarizes Freedonia's methodology:

The Freedonia Economics Group

Freedonia In-house Research

Consistent framework of economic indicators on . . . • Construction Expenditures • Resident Population • Gross Domestic Product (GDP) . . . and many others

• Quantitative forecasting • Industry structure & market share analyses • Product analyses & forecasts

Methodology for

Wood & Competitive Decking

Extensive Interviews • Key participants • Industry experts • End-users

Wood & Competitive Decking #1511 12

Proprietary Electronic Database • Trade publications • Government reports • Corporate literature • Online databases . . . and many others

Freedonia Industry Study

About The Freedonia Group

The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published 1,800 titles covering areas such as chemicals, coatings and adhesives, building materials, plastics, industrial components and equipment, health care, packaging, household goods, security, and many other industries. Freedonia has produced a wide variety of titles, including: • • • •

Roofing Siding Wood & Competitive Materials in Residential Buildings Hard Surface Flooring

Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, Modern Plastics, National Home Center News and Plastics News.

Advantages of Freedonia Reports

In-house operations Because all of our staff work at the same location, interaction between analysts and departments provides a strong system of checks and balances.

Consistency Our Economics Group develops indicators that are used by all analysts. Therefore, every Freedonia study is based on a consistent set of economic assumptions (GDP, resident population, construction expenditures, etc.)

Reliable forecasts Because all of our forecasts consider the environment in which a product or industry is operating, as well as threats and opportunities to the market, Freedonia forecasts are reliable indicators of future performance.

One-on-one interviews All studies are produced by conducting interviews with key industry participants and end-users.

Proprietary electronic database Freedonia’s analysts can tap into an extensive in-house electronic database containing corporate literature (including private company information), trade publications, government reports and many other sources of information.

Wood & Competitive Decking #1511

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About Our Customers Freedonia's clients include major US and international companies in the manufacturing, services, consulting and financial sectors. Typical purchasers of Freedonia studies : •

Key Executives



Corporate Planners



Market Researchers



Financial Analysts



Information Centers



New Product Developers



Merger & Acquisition Specialists

Since 1985 we have provided research to customers ranging in size from global conglomerates to one person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia research to help with their strategic planning. Some of Freedonia's customers in the wood and competitive decking market include: Georgia-Pacific, Louisiana-Pacific, Saint-Gobain and Weyerhaeuser.

Wood & Competitive Decking #1511 14

Freedonia Industry Study

World Asphalt (Bitumen)

Other Titles From Freedonia For more information about these or other Freedonia titles, please contact us at: The Freedonia Group, Inc. Phone: (440) 684-9600 (800) 927-5900 Fax: (440) 646-0484

World demand for asphalt (bitumen) will reach 105 million metric tons in 2005. The most rapid gains will be in the Asia/Pacific region, fueled by rebounding construction and road building. Asphalt cement will remain the largest use in paving, while paving emulsions grow the fastest based on environmental concerns over solventbased cutback asphalts. This study analyzes the world asphalt industry to 2005 and 2010 by product, region and for 29 countries. It also evaluates market share and profiles key firms. #1507. . . . . . . . . 2/02. . . . . . . . . . $4,500

Cement & Concrete Additives The US cement and concrete additive market will grow 6.7% annually through 2005. Gains in concrete will be driven by higher performance requirements, increasing use in building materials, and growing federal highway spending. Synthetic fiber additives, superplasticizers and specialty accelerators will be among the fastest growing types. This study analyzes the $901 million US cement and concrete additives industry to 2005 and 2010 by product and market. It also details market share and profiles key firms. #1465. . . . . . . . . 9/01. . . . . . . . . . $3,900

Prefabricated Housing US demand for manufactured, panelized, modular and precut housing will outpace site-built housing through 2005, when prefabricated will account for 30% of all housing starts. The cost advantages of factory production such as improved scheduling, bulk purchasing of materials, and insulation from weather delays, will aid demand. This study analyzes the $17 billion US prefabricated housing industry to 2005 and 2010 by product and region. It also presents market share data and profiles leading producers. #1458. . . . . . . . . 8/01. . . . . . . . . . $3,600

Nonresidential Prefabricated Building Systems US demand for nonresidential prefabricated building systems will rise to $11.5 billion in 2005. Metal buildings will remain dominant, aided by separately-sold components used with non-metal framing. Modular buildings will lead other types as innovations allow for more complex, multistory facilities with various facades. This study analyzes the US nonresidential prefabricated building systems industry to 2005 and 2010 by type, market and region. It also details market share and profiles key companies. #1443. . . . . . . . . 8/01. . . . . . . . . . $3,600

Wood & Competitive Decking #1511

Gypsum Products in North America North American demand for gypsum will grow to 45.1 million metric tons in 2005, with synthetic gypsum accounting for nearly 30% of total gypsum consumption. Repair and remodeling will drive gains in the construction market, although use as an additive in cement and a filler in plastics, drugs and foodstuffs will grow faster. This study analyzes the US$3.9 billion US, Canadian and Mexican gypsum industry to 2005 and 2010 by product and market. It also evaluates market share and profiles key firms. #1431. . . . . . . . . 7/01. . . . . . . . . . $3,600

Hard Surface Flooring US hard surface flooring demand will surpass one billion square yards in 2005. Laminate, wood and ceramic tile flooring will be the fastest growing segments and continue to supplant carpets and rugs. Demand for laminate flooring will keep growing at double digit rates. The nonresidential market will remain dominant and grow the fastest. This study examines the $7 billion US hard surface flooring industry to 2005 and 2010 by product and market. It also evaluates market share and profiles key firms. #1415. . . . . . . . . 5/01. . . . . . . . . . $3,600

Siding Demand for exterior cladding in the US will reach 109 million squares in 2005. Fiber cement will be the star performer, experiencing unit gains of nearly 5% annually and continuing to wrest market share from wood and vinyl. However, vinyl will remain the market leader, benefiting from expenditures on residential remodeling. This study analyzes the $8.6 billion US siding industry to 2005 and 2010 by material, market and region. It also profiles selected industry participants and presents market share data. #1413. . . . . . . . . 4/01. . . . . . . . . . $3,700

Roofing The best opportunities in roofing will be found in reroofing applications, which account for three-quarters of demand. Thermoplastic membrane roofing will grow the fastest, with thermoplastic polyolefin (TPO) making inroads against built-up roofing and elastomeric roofing. Asphalt shingles will remain the dominant roofing material. This study analyzes the $9.6 billion US roofing industry to 2005 and 2010 by product, market, and geographic region. It also profiles key companies and presents market share data. #1394. . . . . . . . . 3/01. . . . . . . . . . $3,700

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TITLE

PRICE

#1511 Wood & Competitive Decking

$3,700

Corporate Use License (add to study price)

+ $2,000

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