Emergence of new cutting edge fencing materials and a burgeoning construction sector is at the forefront of driving growth in the global market for fencing. There are various ways in which savvy companies are trying to stay ahead of the curve in the market.

One of them is by trying to focus on end-to-end and improved solutions. Besides, they are also working on improving customer service. Product development is another way through which they are attempting to up sales and revenues.

The different types of fencing available in the market can be categorized into commercial wire fence, agricultural/livestock wire fence, etc. Of these, the segment of agricultural/livestock wire fence held maximum market share of about 39.0% in 2016. The segment is also expected to clock maximum growth pace over the course of the forecast period.

The various types of fencing material used are wood, metal, plastic, concrete, and composite fencing. Metal fencing, among them, held the maximum share of 37% in 2016.

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Plastic and composite are other key fencing materials that are projected to grow their market share at an impressive pace in the next couple of years. This is because plastic and composite cost less and are more reliable.