Siding Market Share, Types, Applications, Products, Size, Growth, Insights and Forecasts Report 2027
The global siding market is projected to reach USD 118.50 Billion by 2027, according to a current analysis by Emergen Research. Key factors driving the market include shift in lifestyle of consumers and rising population worldwide.
Vinyl siding is one of the most popular sidings used by house-owners worldwide. Vinyl is one of the most inexpensive siding materials. Hence, the demand for vinyl siding is relatively high. Vinyl siding has long lifespan if it is maintained properly. Engineered and designed primarily from PVC (polyvinyl chloride) resin, vinyl siding is useful in the construction of houses. It eliminates the need for yearly painting and maintenance. Vinyl siding costs as less as 12% than cedar siding and approximately 27% less than aluminum siding. Vinyl siding is available in different colors. The latest vinyl siding type available in the marketplace does not fade for a long period.
The global siding market is expected to remain in a highly competitive and fragmented landscape in the near future, consisting of several small start-ups, medium enterprises, and large conglomerates. During the forecast period, the market is likely to be driven by increasing population and increased purchasing power of people worldwide.
The Global Siding Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
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The report is a comprehensive research study of the global Siding market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are James Hardie Limited Plc, Westlake Chemical, Compagnie de Saint-Gobain S.A., Boral Limited, Cornerstone Building Brands, Etex Group, Louisiana Pacific Corporation, Nichiha Corporation, and Docke Extrusion Co. Ltd, Kingspan Group
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For this report, Emergen Research has segmented the global siding market based on application, material type, and region:
- Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Material Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Fiber Cement
Regional Bifurcation of the Siding Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further Key Findings from the Report Suggest:
- In January 2019, Westlake Chemical acquired NAKAN, a PVC compounding solutions company based in France. NAKAN’s products are used in various industries, including automotive, building & construction, and medical.
- Based on application, the market has been classified into residential & non-residential. The residential segment is projected to register a growth rate of 4.3% during the forecast period. Rapid urbanization, increase in per capita income, and changing lifestyle are some of the key factors boosting the residential segment.
- According to the U.S. Environmental Protection Agency (EPA), emissions of human-based dioxin have declined by more than 90% since 1990. At the same time, the production of vinyl, especially vinyl siding, has risen significantly.
The report aims to provide a complete analysis of the global Siding market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Siding market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
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Highlights of Table of Contents (TOC):
- Overview of Global Siding Market
- Competitive analysis of the Siding market
- Regional analysis of Global Siding market production and revenue
- Regional analysis of Global Siding market supply, consumption, and export & import
- Type-based market analysis of global Siding production, revenue, and price trends
- Application-based analysis of the global Siding market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Siding market
- Global Siding market forecast (2020-2027)
- Conclusion of the research report
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