Emergen Research has published a novel research report titled, “Global Siding Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Siding Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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The global siding market is projected to reach USD 118.50 Billion by 2027. 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.
Competitive Terrain:
The global Siding industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Key players operating in the siding market include:
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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Segmental Analysis
The global Siding market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Siding sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Segments Covered in this report are:
-
Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Residential
- Non-residential
-
Material Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Wood
- Vinyl
- Fiber Cement
- Concrete
- Bricks
- Others
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Regional Analysis Covers:
North America (US, Canada)
Europe (UK, 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, UAE, South Africa, Rest of MEA)
Key reasons to buy the Global Siding Market report:
The latest report comprehensively studies the global Siding market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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