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Trex(TREX) - 2025 Q1 - Earnings Call Presentation
2025-06-16 16:26
S EEI N G M O R E I N V E S T O R P R E S E N T A T I O N | AS O F Q1 2025 N Y S E : T R E X AT TREX, EVEN OUR PRESENTATION DECKS SAVE TREES. Scan for our paperless investor presentation. SAFE HARBOR / NON-GAAP MEASURES This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to d ...
Carports Market To Reach USD 3.1 Bn by 2032, CAGR 7.56% | Carolina Carports, Alucarports, The Shed Company.
Globenewswireยท 2025-03-11 11:42
Core Insights - Cornerstone Building Brands has acquired Mueller Supply Company, enhancing its position in the residential metal roofing and steel buildings sector [1] - The Global Carports Market, valued at USD 1.61 Billion in 2023, is projected to grow to USD 3.1 Billion by 2032, reflecting a CAGR of 7.56% from 2024 to 2032 [1][2] Market Drivers - Urbanization is increasing the demand for metal carports due to their affordability, customization, and functionality [2] - The need for protection against climate change and unpredictable weather patterns is driving demand for metal carports, as they are cost-effective and low-maintenance [3] - The DIY trend is contributing to market growth, with 45% of U.S. homeowners engaging in DIY projects in 2021 [3] Market Restraints - The high cost of premium materials like stainless steel, which has risen 8% annually over the past three years, poses a barrier to market growth [4] - Limited awareness in developing regions and regulatory challenges, such as strict zoning and building codes, hinder adoption [4] Market Opportunities - The increasing popularity of outdoor living areas is boosting demand for customizable metal carports, which can serve multiple functions [7] - The surge in electric vehicle (EV) adoption, with a 40% increase in EV ownership from 2020 to 2023, is driving demand for specialized carports with charging stations [7] Market Challenges - Competition from alternative materials like fabric and wood remains a challenge, particularly in mild climates [8] - Supply chain disruptions, including steel and aluminum shortages, are impacting production and increasing costs [8] Regional Insights - North America is expected to lead the carports market, driven by high vehicle ownership and the need for protection against harsh weather [14] - Europe is experiencing a shift towards sustainable building materials, enhancing the popularity of metal carports as eco-friendly alternatives [14] - The Asia-Pacific region is witnessing strong growth due to rapid urbanization and a rising middle class, leading to increased investments in infrastructure [14] Recent Developments - MetalGarage.com has expanded its delivery and installation services to over 21 states, enhancing its market presence [12] - Transition Capital Partners has acquired Texwin Metal Buildings, marking a significant investment in the metal building sector [12]