Azek IPO Presentation Deck
Large, High Growth Markets Benefiting from
Material Conversion
Our products are accelerating conversion from traditional materials-substantial runway remaining
Decking - $3.18
Decking Market: 4.6% CAGR
AZEK Materials Category: 6.9% CAGR
Rail-$2.1B
Rail Market: 4.5% CAGR
AZEK Materials Category: 6.1% CAGR
Trim - $2.0B
Trim Market: 1.0% CAGR
AZEK Materials Category: 2.7% CAGR
TRIM
PVC
11%
+42%
Conversion
Opportunity
RAIL
Wood
the
476
Composite &
Auvinun
14%
+67%
Conversion
Opportunity
Other
17%
AZEK is in the
early innings of
long-term material
conversion trend
THE AZEK
COMPANY
DECKING
Wood
Competit
+80%
Conversion
Opportunity
1 Premium hardwood,
cedar and redwood
comprise 13% of the
total decking market
Core $7.2 billion market; AZEK product categories growing at "6% (or 1.7x market) driven primarily by conversion
Source: Principle Principio's Trim market definition excludes broader applications such as tongue and groove profiles, sheets, sis thresholds and column wraps
Note Material shore 's are based on eelume demanded in bilions of Ninear feet Decking, Howl and Trim conversion opportunity is based on volume demanded for wood solutions in billions of near feet.
Trim conversion opportunity also includes engineered wood Principle's Trim merket definition excludes brauder applications such as taeque and groove profiles, sheets, als, thresholds and column wraps.
Other includes (A) hallow vinyl, plastic lumber and metal for decking, (3)ron, stainless steel, hollow vinyl and other plastic for rolling and (c)engineered wood, fiber cement, vinyl ather polymer composite
and other for trim.
1. Decking category includes composite and PVC decking all category includes composite and amnum rail and trim category includes PVC tr
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