This week's print issue of Plastics News brings the latest ranking of North American pipe, profile and tubing makers, covering the chaotic fiscal year that was 2020.
"[That] is great news," she writes in a blog about this year's rankings, but she noted it's not purely good news. "Pandemic shutdowns and restrictions meant that while the markets were up, the availability of the workforce was down, leaving labor and supplies very much behind demand, struggling even still today."
Home remodeling continues to drive much of the growth for decking and siding makers. As Catherine Kavanaugh writes, Principia Consulting LLC estimates the U.S. decking market was worth $4.1 billion in 2020, and with the cost of lumber soaring, composite deck makers saw an increased opportunity for sales.
"There was incredible demand for decking products," Nancy Musselwhite, an industry analyst with Principia, said. "People invested in the backyard and when stay-at-home orders came off, they didn't stop. Outdoor living space has become a valuable centerpiece of the home in peoples' minds. It wasn't a passing phase. Sales continue to be very strong in 2021."