US demand for fencing will reach 935 million linear feet in 2012, supported by a recovery in the residential fencing market. Plastic and composite fencing will be the fastest growing materials, as these products continue to penetrate the large residential fencing market at the expense of wood products. The Midwest and West regions of the US will lead gains.

This study analyzes the US fencing industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., metal, wood, plastic and composite, concrete), market (residential, nonresidential, nonbuilding, agricultural) and region.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 32 industry players, including Master Halco, MMI Products and Universal Forest Products.

TABLE OF CONTENTS


SECTION                                                                        PAGE

                INTRODUCTION                                                      x

          I.    EXECUTIVE SUMMARY                                                 1

         II.    MARKET ENVIRONMENT                                                4
                General                                                           4
                Macroeconomic Overview                                            5
                Consumer Income & Spending                                       10
                    Personal Income & Expenditures                               11
                    Consumer Financing                                           13
                Demographic Trends                                               16
                    Population                                                   18
                    Households                                                   19
                Construction Trends                                              20
                    Residential Building Construction                            23
                      Housing Outlook                                            26
                      Housing Stock                                              30
                      Improvements & Repairs                                     34
                    Nonresidential Building Construction                         35
                      Construction Expenditures                                  35
                         Office & Commercial Construction                        38
                         Institutional Construction                              39
                         Industrial Construction                                 39
                         Transportation & Other Building Construction            40
                      Improvements & Repairs                                     41
                      Nonresidential Building Stock                              42
                    Nonbuilding Construction                                     45
                Agricultural Outlook                                             47
                Pricing Issues                                                   50
                Installed Cost                                                   53
                Market Trends                                                    55
                Environmental Issues                                             58
                Regulatory Issues                                                60
                Foreign Trade                                                    62

        III.    PRODUCTS                                                         66
                General                                                          66
                Metal                                                            70
                    Demand by Type                                               71
                      Ornamental Fencing                                         74
                      Chain Link Fencing                                         75
                      Wire Fencing                                               77
                      Other Metal Fencing                                        78
                    Demand by Material                                           79
                    Cost Factor                                                  80
                Wood                                                             81
                    Material Characteristics                                     83
                    Demand by Type                                               85
                      Privacy Fencing                                            88
                      Picket Fencing                                             88
                      Post & Rail Fencing                                        89
                      Split Rail & Other Wood Fencing                            89
                    Demand by Construction Method                                91
                    Cost Factor                                                  92
                Plastic & Composite                                              93
                    Vinyl                                                        96
                    HDPE & Other Plastics                                        98
                    Composites                                                   99
                    Cost Factor                                                 100
                Concrete                                                        101
                    Material Characteristics                                    103
                    Cost Factor                                                 104
                Other                                                           104
                Gates & Accessories                                             106

         IV.    MARKETS                                                         109
                General                                                         109
                Residential                                                     112
                    Demand by Value                                             114
                    New                                                         116
                    Improvement & Repair                                        118
                    Demand by Housing Type                                      120
                      Single-Family                                             122
                      Multifamily                                               124
                      Manufactured Housing                                      126
                Nonresidential                                                  128
                    Demand by Value                                             130
                    New                                                         132
                    Improvement & Repair                                        134
                    Demand by Building Type                                     136
                      Office & Commercial                                       138
                      Institutional                                             140
                      Industrial                                                143
                      Other Nonresidential                                      146
                Nonbuilding                                                     151
                    Demand by Product & Application                             151
                    Demand by Value                                             153
                Agricultural                                                    155
                    Demand by Product & Application                             156
                    Demand by Value                                             157

          V.    REGIONS                                                         159
                General                                                         159
                Regional Demographic & Economic Trends                          160
                    Population Patterns                                         161
                    Economic Outlook                                            163
                    Construction Activity                                       165
                    Housing Trends                                              168
                Regional Demand for Fencing                                     171
                    Northeast                                                   173
                      New England                                               175
                      Middle Atlantic                                           176
                    Midwest                                                     177
                      East North Central                                        180
                      West North Central                                        181
                    South                                                       182
                      South Atlantic                                            185
                      East South Central                                        187
                      West South Central                                        188
                    West                                                        189
                      Mountain                                                  192
                      Pacific                                                   193

         VI.    INDUSTRY STRUCTURE                                              196
                General                                                         196
                Industry Composition                                            197
                Market Share                                                    200
                    Master Halco                                                201
                    MMI Products                                                202
                    Universal Forest Products                                   202
                    Ameristar Fence                                             202
                    Other Leading Firms                                         203
                Materials                                                       203
                Manufacturing                                                   205
                Product Development                                             206
                Marketing                                                       207
                Distribution                                                    210
                Mergers & Acquisitions                                          211
                Company Profiles                                                213
                    ADC Manufacturing, see CRH                                     
                    Aljoma Lumber Incorporated, see Universal Forest Products      
                    Allan Block Corporation                                     214
                    Allied Tube & Conduit, see Tyco International                  
                    Alside Incorporated, see Associated Materials                  
                    Ameristar Fence Products Incorporated                       215
                    Associated Materials LLC                                    220
                    CertainTeed Corporation, see Saint-Gobain                      
                    Crane Group                                                 222
                    CRH plc                                                     225
                    DecKorators, see Universal Forest Products                     
                    Filtrona plc                                                230
                    GeoMatrix Incorporated, see Universal Forest Products          
                    Genova Products Incorporated                                232
                    Georgia Gulf Corporation                                    233
                    Gram Lumber Company, see RSG Forest Products                   
                    Gregory Industries Incorporated                             235
                    ITOCHU Corporation                                          237
                    Jancor Companies Incorporated                               241
                    Jerith Manufacturing Company Incorporated                   242
                    Kroy Building Products Incorporated, see Ply Gem Holdings      
                    Long Fence Company Incorporated                             244
                    Maine Ornamental LLC, see Universal Forest Products            
                    Master Halco Incorporated, see ITOCHU                          
                    Merchants Metals, see CRH                                      
                    MMI Products, see CRH                                          
                    Nebraska Plastics Incorporated                              245
                    Outdoor Technologies Incorporated, see Jancor Companies  
                    Ply Gem Holdings Incorporated                               247
                    Poly Vinyl Company Incorporated                             249
                    Richard's Fence Company Incorporated                        250
                    Royal Group Incorporated, see Georgia Gulf                     
                    RSG Forest Products Incorporated                            252
                    Saint-Gobain                                                253
                    Shapes/Arch Holdings LLC                                    257
                    Southwestern Wire Incorporated                              258
                    Superior Concrete Products Incorporated                     260
                    Tarter                                                      261
                    Tenax International BV                                      263
                    TimberTech Limited, see Crane Group                            
                    Trex Company Incorporated                                   265
                    Tyco International Limited                                  267
                    UltraGuard, see Associated Materials                           
                    Universal Forest Products Incorporated                      269
                    US Fence Incorporated                                       272
                    VEKA AG                                                     273
                    Walpole Woodworkers Incorporated                            275
                    Welco Lumber Company                                        277
                    Westlake Chemical Corporation                               278
                    Westech Building Products Incorporated, 
			see Westlake Chemical  
                Other Companies Mention in the Study                            280

                                 LIST OF TABLES
                                        
TABLE NUMBER                                                                   PAGE

                SECTION I -- EXECUTIVE SUMMARY
                Summary Table                                                     3

                SECTION II -- MARKET ENVIRONMENT
           1    Macroeconomic Indicators                                         10
           2    Personal Consumption Expenditures                                12
           3    Consumer Financing Environment, 1997-2007                        16
           4    Population & Households                                          17
           5    Construction Expenditures                                        23
           6    Residential Building Construction Expenditures                   26
           7    Private Housing Completions                                      30
           8    Housing Stock by Type                                            33
           9    Residential Improvement & Repair Expenditures                    35
          10    Nonresidential Building Construction Expenditures                38
          11    Nonresidential Building Improvement & Repair Expenditures        42
          12    Nonresidential Building Stock                                    45
          13    Nonbuilding Construction Expenditures                            47
          14    Agricultural Indicators                                          50
          15    Fencing Prices                                                   52
          16    Fencing Market, 1997-2007                                        57
          17    US Fencing Foreign Trade                                         64

                SECTION III -- PRODUCTS
           1    Fencing Demand by Material                                       68
           2    Metal Fencing Demand by Type                                     71
           3    Metal Fencing Demand by Material                                 80
           4    Metal Fencing Installed Cost                                     81
           5    Wood Fencing Demand by Type                                      83
           6    Wood Fencing Demand by Construction Method                       91
           7    Wood Fencing Installed Cost                                      93
           8    Plastic & Composite Fencing Demand by Material                   96
           9    Plastic & Composite Fencing Installed Cost                      100
          10    Concrete Fencing Demand                                         102
          11    Concrete Fencing Installed Cost                                 104
          12    Other Fencing Demand                                            106
          13    Gate & Accessory Demand                                         108

                SECTION IV -- MARKETS
           1    Fencing Demand by Market                                        111
           2    Residential Fencing Demand by Linear Feet                       113
           3    Residential Fencing Demand by Value                             116
           4    New Residential Fencing Demand by Product                       118
           5    Residential Improvement & Repair Fencing Demand 
                    by Product                                                  120
           6    Residential Fencing Demand by Housing Type                      121
           7    Single-Family Housing Fencing Demand 
                    by Product & Application                                    124
           8    Multifamily Housing Fencing Demand 
                    by Product & Application                                    126
           9    Manufactured Housing Fencing Demand 
                    by Product & Application                                    128
          10    Nonresidential Fencing Demand by Linear Feet                    130
          11    Nonresidential Fencing Demand by Value                          132
          12    New Nonresidential Fencing Demand by Product                    134
          13    Nonresidential Improvement & Repair Fencing Demand 
                    by Product                                                  136
          14    Nonresidential Fencing Demand by Building Type                  137
          15    Office & Commercial Fencing Demand 
                    by Product & Application                                    140
          16    Institutional Fencing Demand by Product & Application           143
          17    Industrial Fencing Demand by Product & Application              146
          18    Other Nonresidential Building Fencing Demand 
                    by Product, Application & Market                            150
          19    Nonbuilding Fencing Demand by Linear Feet                       153
          20    Nonbuilding Fencing Demand by Value                             155
          21    Agricultural Fencing Demand by Linear Feet                      157
          22    Agricultural Fencing Demand by Value                            158

                SECTION V -- REGIONS
           1    Population by Region                                            162
           2    Gross Domestic Product by Region                                165
           3    Construction Expenditures by Region                             168
           4    Housing Indicators by Region                                    170
           5    Fencing Demand by Region                                        172
           6    Northeast Fencing Demand by Subregion & Market                  175
           7    Midwest Fencing Demand by Subregion & Market                    180
           8    South Fencing Demand by Subregion & Market                      185
           9    West Fencing Demand by Subregion & Market                       192

                SECTION VI -- INDUSTRY STRUCTURE
           1    Fencing Sales by Company, 2007                                  199
           2    Selected Distribution Agreements                                211

                                 LIST OF CHARTS
                                        
CHART NUMBER                                                                   PAGE

                SECTION II -- MARKET ENVIRONMENT
           1    Year of Construction of Housing Stock, 2007                      33
           2    Fencing Price Deflators, 1997-2017                               52
           3    Installed Cost for Selected Fencing Products, 2007               55
           4    Fencing Growth, 1998-2007                                        57
           5    US Trade in Fencing Products, 2007                               65

                SECTION III -- PRODUCTS
           1    Fencing Demand by Material, 2007                                 69
           2    Metal Fencing Demand by Type, 2007                               73
           3    Wood Fencing Demand by Type, 2007                                87

                SECTION IV -- MARKETS
           1    Fencing Demand by Market, 2007                                  111
           2    Residential Fencing Demand by Housing Type, 2007                122
           3    Nonresidential Fencing Demand by Building Type, 2007            138

                SECTION V -- REGIONS
           1    Fencing Demand by Region, 2007                                  172

                SECTION VI -- INDUSTRY STRUCTURE
           1    US Fencing Market Share, 2007                                   201