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According to the latest research, the global Siding market size was valued at USD 90785.7 million in 2022 and is expected to expand at a CAGR of 3.87% during the forecast period, reaching USD 114029.45 million by 2028.
Siding refers to a protective material attached to the outer side of the wall of a house or other building. Together with the roof, Siding forms the first line of defense against various external environmental factors, such as sunlight, rain/snow, heat and cold, thereby creating a stable and more comfortable environment indoors.
Challenges
Although installation and maintenance are relatively simple, wood siding requires more maintenance than other popular solutions and needs to be treated every four to nine years. In some pest infested areas, ants and termites are a threat, and many types of wood siding, extra treatment and maintenance will greatly increase the cost. Wood is a moderately renewable resource, which can be biodegraded. However, most paints and colorants used to treat wood are not environmentally friendly and may be toxic.
Vinyl siding has potential environmental costs. Although vinyl siding can be recycled, it cannot be burned (due to the release of toxic dioxin gas). If dumped in a landfill, vinyl siding will not decompose quickly.
Fiber cement siding in some climate or some environmental conditions, the composite siding products containing cellulose (wood fiber) have the problems of deterioration, delamination or decreased adhesion of coating. Different types of siding have different limitations, and these factors will affect people's demand for siding.
With the concept of sustainable development put forward, consumers pay more and more attention to the sustainability of manufacturing materials when purchasing products. The concept of sustainable development requires enterprises to make sustainable products and also requires raw materials for manufacturing. Changing the original raw materials and production methods to make products is a challenge faced by enterprises. Product sustainability is at the heart of the company. Companies should use post-consumer and post-industrial recyclable materials to produce high-performance siding. Companies have been developing biodegradable and other sustainable siding products to conform to the trend of sustainable development and develop products needed by consumers, thus promoting the development of enterprises.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
James Hardie Industries is one of the major players operating in the Siding market, holding a share of 2.03% in 2020.
James Hardie Industries is the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions.
Saint-Gobain Group engages in the design, manufacturing, and distributing building materials internationally. The Company produces insulation systems, water supply systems, solar solutions and building materials for distribution.
Segmentation Overview:
Among different product types, Plastic Siding segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Residential Building segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Siding industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Siding. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Siding Market Report Include:
Market Size Estimates: Siding market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Siding market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Siding market
Segment Market Analysis: Siding market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Siding market situations and prospects in major and top regions and countries
Siding Market
Siding Industry Chain: Siding market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Siding Industry News, Policies by regions
Siding Industry Porters Five Forces Analysis
Key players in the global Siding market are covered in Chapter 2:
Associated Materials, LLC
Saint-Gobain
Asahi Tostem Exterior Building Materials
Georgia-Pacific Corporation
Cornerstone Building Brands
Norandex
Kingspan Group
Revelstone
Palagio Engineering
Everite Building Products
Westlake Chemical Corporation
Tata BlueScope Steel
James Hardie Industries
National Cladding
MBCI
Metalcraft Roofing
Boral
Louisiana Pacific Corporation
Shanghai Seventrust Industry
Weathertex
Ruukki Construction
Etex Group
Nichiha
In Chapter 6 and Chapter 9, on the basis of types, the Siding market from 2018 to 2028 is primarily split into:
Wood Siding
Plastic Siding
Metal Siding
Composite Siding
Stone Siding
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Siding market from 2018 to 2028 covers:
Infrastructure
Residential Building
Commercial Building
Industrial Building
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Siding market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Siding industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Siding market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Siding industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Siding market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Siding market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Siding market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Siding refers to a protective material attached to the outer side of the wall of a house or other building. Together with the roof, Siding forms the first line of defense against various external environmental factors, such as sunlight, rain/snow, heat and cold, thereby creating a stable and more comfortable environment indoors.
Challenges
Although installation and maintenance are relatively simple, wood siding requires more maintenance than other popular solutions and needs to be treated every four to nine years. In some pest infested areas, ants and termites are a threat, and many types of wood siding, extra treatment and maintenance will greatly increase the cost. Wood is a moderately renewable resource, which can be biodegraded. However, most paints and colorants used to treat wood are not environmentally friendly and may be toxic.
Vinyl siding has potential environmental costs. Although vinyl siding can be recycled, it cannot be burned (due to the release of toxic dioxin gas). If dumped in a landfill, vinyl siding will not decompose quickly.
Fiber cement siding in some climate or some environmental conditions, the composite siding products containing cellulose (wood fiber) have the problems of deterioration, delamination or decreased adhesion of coating. Different types of siding have different limitations, and these factors will affect people's demand for siding.
With the concept of sustainable development put forward, consumers pay more and more attention to the sustainability of manufacturing materials when purchasing products. The concept of sustainable development requires enterprises to make sustainable products and also requires raw materials for manufacturing. Changing the original raw materials and production methods to make products is a challenge faced by enterprises. Product sustainability is at the heart of the company. Companies should use post-consumer and post-industrial recyclable materials to produce high-performance siding. Companies have been developing biodegradable and other sustainable siding products to conform to the trend of sustainable development and develop products needed by consumers, thus promoting the development of enterprises.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
James Hardie Industries is one of the major players operating in the Siding market, holding a share of 2.03% in 2020.
James Hardie Industries is the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions.
Saint-Gobain Group engages in the design, manufacturing, and distributing building materials internationally. The Company produces insulation systems, water supply systems, solar solutions and building materials for distribution.
Segmentation Overview:
Among different product types, Plastic Siding segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Residential Building segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Siding industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Siding. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Siding Market Report Include:
Market Size Estimates: Siding market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Siding market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Siding market
Segment Market Analysis: Siding market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Siding market situations and prospects in major and top regions and countries
Siding Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Siding Industry Chain: Siding market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Siding Industry News, Policies by regions
Siding Industry Porters Five Forces Analysis
Key players in the global Siding market are covered in Chapter 2:
Associated Materials, LLC
Saint-Gobain
Asahi Tostem Exterior Building Materials
Georgia-Pacific Corporation
Cornerstone Building Brands
Norandex
Kingspan Group
Revelstone
Palagio Engineering
Everite Building Products
Westlake Chemical Corporation
Tata BlueScope Steel
James Hardie Industries
National Cladding
MBCI
Metalcraft Roofing
Boral
Louisiana Pacific Corporation
Shanghai Seventrust Industry
Weathertex
Ruukki Construction
Etex Group
Nichiha
In Chapter 6 and Chapter 9, on the basis of types, the Siding market from 2018 to 2028 is primarily split into:
Wood Siding
Plastic Siding
Metal Siding
Composite Siding
Stone Siding
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Siding market from 2018 to 2028 covers:
Infrastructure
Residential Building
Commercial Building
Industrial Building
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Siding market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Siding industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Siding market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Siding industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Siding market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Siding market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Siding market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
