Siding Market by Type (Vinyl, Fiber Cement, and Wood), Application (Residential, and Non-residential), and Region (North America, Asia Pacific, Europe, Middle East and Africa, and South America) - Global Forecast to 2024
The siding market is projected to USD 126.3 billion by 2024, at a CAGR of 4.0%. Demand for siding market can be credited to the high growth of construction industry across the globe. Factors such as increasing residential and non-residential construction and infrastructure activities, its high durability, and ability to enhance the aesthetic appearance of the buildings drives the demand for siding.
In terms of value and volume, the fiber cement segment is projected to lead the siding market from 2019 to 2024.
Based on material, the fiber cement siding dominated the market. It is mainly used for siding application such as in the residential, and non-residential buildings and can last upto 50 years. Fiber cement siding is affordable and are installed in regions having extreme weather conditions. It can expand and contract because of its unique composition. The fiber added to the cement makes it stronger and more durable. It also prevents cracks from appearing on the surface. Fiber cement is seen as a replacement for asbestos cement, which had carcinogenic effects on human health.
In terms of value and volume, the residential segment of the siding market is projected to grow at the highest CAGR during the forecast period.
Siding enhances the aesthetic appeal of a building, along with properties such as durability and protection from extreme weathering has also driven the residential sector. Also, other benefits such as fire protection and high thermal efficiency will further increase the demand for siding. Most favourable material for residential siding include fiber cement, vinyl, bricks, and wood. Fiber cement is used for residential siding because of its low cost, high durability and also enhances the appearance of a building. Growth of residential segment in the siding market is primarily attributed to the favourable and lenient lending policies initiated by governments across all regions, which is driving the sales of residential construction projects.
In terms of value, the North America region is estimated to account for the highest share in the global siding market during the forecast period.
The North American region, which is witnessing a rebound in its residential and non-residential construction sector, held the largest market share in 2018. Also, the market for siding in this region is projected to grow at the highest CAGR from 2019 to 2024, in terms of value. Sidings market in the region is expected to elevate with large number of government initiatives such as the Home renovation tax credit and Home Energy Loan Program (HELP) enabling homeowners to install energy-efficient siding.
Key Market Players in Siding Market
Key players such as Compagnie de Saint-Gobain S.A. (France), Louisiana Pacific Corporation (US), Boral Limited (Australia), Westlake Chemical (US), and Etex Group (Belgium) adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the siding market.
Compagnie de Saint-Gobain S.A. is one of the key industrial groups at a global level. It designs, manufactures, and supplies materials, as well as solutions for transportation, building, infrastructure, and industrial applications. The company operates through its four business segments, namely, building distribution, construction products, innovative materials, and others. Its innovation material segment includes flat glass and high-performance materials. Its construction products segment includes two solutions— interior and exterior solutions. The interior solutions comprise of insulation and gypsum products, whereas, the exterior solutions consist of pipes, industrial mortars, and exterior products. Having geographically diversified operations, it adopts strategic initiatives such as acquisitions which enables the company to expand its business, globally, in diversified regions.
Siding Market Report Scope
Report Metric |
Details |
Market size available for years |
2017-2024 |
Base year considered |
2018 |
Forecast period |
2019-2024 |
Forecast units |
Value (USD Billion) and Volume (Million Square Feet) |
Segments covered |
Material, End-Use Industry & Region |
Geographies covered |
North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa |
Companies covered |
Compagnie de Saint-Gobain S.A. (France), Westlake Chemical (US), Louisiana Pacific Corporation (US), Etex Group (Belgium), Boral Limited (Australia), James Hardie Industries PLC (Ireland), Nichiha Corporation (Japan), Cornerstone Building Brands (US), SHERA (Thailand), and Döcke Extrusion Co. Ltd. (Russia) |
This research report categorizes the siding market based on material, end-use industry, and region.
On the basis of material, the siding market has been categorized as follows:
- Vinyl
- Fiber Cement
- Wood
- Others (Stucco, brick, and stone)
On the basis of end-use industry the siding market has been categorized as follows:
- Residential
- Non-residential
On the basis of region, the siding market has been categorized as follows:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Recent Developments in Siding Market
- In January 2019, Westlake Chemical acquired NAKAN, a global compounding solutions business in order to expand its facilities in China, Germany, France, Japan, Mexico, Italy, the US, Vietnam, and Spain as well as its research facilities in France. NAKAN’s products have various applications in the automotive, medical, and building & construction industries.
- In January 2019, LP Building Solutions added two new products in its portfolio namely, LP SmartSide Smooth Trim & Siding and LP WeatherLogic Air & Water Barrier. These products are a part of solution-driven products for the homeowner and building industry professionals.
- In October 2017, Louisiana Pacific Corporation acquired International Barrier Technology Inc. (US). As a result of this strategic initiative, International Barrier Technology is a wholly owned subsidiary of Louisiana Pacific Corporation. After this possession, the company can boost its growth into the new markets and offer more fire resistance products for commercial as well as construction purposes.
Key Questions Addressed by the Siding Market Report
- What are the global trends in the siding market? Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different materials of siding products?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the upcoming industry applications and trends for siding?
- Who are the major players in the siding market globally?
Frequently Asked Questions (FAQ):
What are the factors influencing the growth of siding systems?
The growth of this market is attributed to the increasing infrastructural and construction activities across the globe. Rebounds in commercial buildings also contribute to the increase in demand of siding system.
What are the emerging market of siding systems?
Asia Pacific and Middle East & African countries are emerging market for siding systems.
Who are the major manufacturers?
The global market for siding is dominated by major players, such as Etex Group (Belgium), James Hardie Industries PLC (Ireland), Nichiha Corporation (Japan), Boral Limited (Australia), and Louisiana Pacific Corporation (US).etc.
What are the factors contributing to the final price of siding systems?
In siding systems wall, raw material cost contributed about 50-55%, followed by labor and installation cost of around 50-45%.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Regional Scope
1.3.2 Years Considered for the Study
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 20)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. - 27)
3.1 Introduction
3.2 Siding Market
4 Premium Insights (Page No. - 30)
4.1 Attractive Opportunities in the Siding Market
4.2 North America: Siding Market, By Material & Country
4.3 Siding Market, By Material
4.4 Sidings Market, By End-Use Industry
4.5 Siding Market, By Country
5 Market Overview (Page No. - 33)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Residential Construction and Infrastructure Activities
5.2.1.2 Increase in Non-Residential Construction and Infrastructure Activities
5.2.1.3 High Durability of Siding
5.2.2 Restraints
5.2.2.1 High Raw Material and Installation Cost
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Protective Systems Enhancing the Aesthetic Appeal of A Building
5.2.3.2 Rise in Population and Urbanization in Emerging Economies
5.2.3.3 Increase in Demand for Fiber Cement Siding
5.2.3.4 Increase in Demand for Sustainable Siding Materials
5.2.4 Challenges
5.2.4.1 High Repairing Cost
6 Siding Market, By Material (Page No. - 39)
6.1 Introduction
6.1.1 Siding Market, By Material
6.1.1.1 Fiber Cement Dominated the Siding Market in 2018
6.2 Vinyl
6.2.1 Vinyl to Gain High Preference From the Residential Sector in the Sidings Market
6.3 Fiber Cement
6.3.1 High Strength and Durability to Drive the Growth of the Fiber Cement Segment in the Siding Market
6.4 Wood
6.4.1 The Wood Segment to Capture the Second-Largest Share in the Sidings Market
6.5 Others
6.5.1 The Others Segment is Projected to Record A Sound Growth Rate During the Forecast Period
7 Siding Market, By End-Use Industry (Page No. - 45)
7.1 Introduction
7.2 Residential
7.2.1 The Residential Segment is Projected to Account for the Larger Share in the Siding Market
7.3 Non-Residential
7.3.1 The Non-Residential Application is Projected to Grow at A Moderate Rate in the Siding Market
8 Siding Market, By Region (Page No. - 48)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Fiber Cement Material to Witness the Highest Consumption in the US By 2024
8.2.2 Canada
8.2.2.1 The Fiber Cement Segment to Grow at the Highest CAGR, in Terms of Value, in Canada
8.2.3 Mexico
8.2.3.1 Fiber Cement Material to Witness High Growth, in Terms of Volume, in Mexico By 2024
8.3 Asia Pacific
8.3.1 China
8.3.1.1 The China Siding Market to Grow at the Highest Rate By 2024
8.3.2 Japan
8.3.2.1 The Residential Segment is Projected to Grow at the Highest Rate By 2024
8.3.3 India
8.3.3.1 India is Projected to Witness Fourth-Highest Growth in the Asia Pacific Siding Market
8.3.4 Australia
8.3.4.1 Australia to Be the Third-Largest Market for Siding in the Asia-Pacific Region
8.3.5 Vietnam
8.3.5.1 Fiber Cement to Be the Majorly Consumed Material in the Vietnam Market
8.3.6 Thailand
8.3.6.1 Residential Segment to Be the Largest End-Use Industry in the Thailand Market
8.3.7 Rest of Asia Pacific
8.3.7.1 The Rest of Asia Pacific Market is Projected to Witness Moderate Growth
8.4 Europe
8.4.1 Germany
8.4.1.1 The Fiber Cement Segment is Projected to Witness A High Growth in Germany
8.4.2 France
8.4.2.1 The Fiber Cement Segment is Projected to Grow at the Highest Rate in France
8.4.3 UK
8.4.3.1 The Residential Segment is Projected to Witness High Consumption in the UK By 2024
8.4.4 Italy
8.4.4.1 The Fiber Cement Segment is Projected to Witness High Growth During the Forecast Period
8.4.5 Spain
8.4.5.1 The Fiber Cement Segment Held the Largest Share in 2018 in Spain
8.4.6 Russia
8.4.6.1 The Residential Segment Held the Largest Share in 2018 in Russian Market
8.4.7 Rest of Europe
8.4.7.1 The Fiber Cement Segment is Projected to Grow at the Highest Rate in the Rest of Europe Market By 2024
8.5 Middle East & Africa
8.5.1 Turkey
8.5.1.1 Turkey to Lead the Siding Market in the Middle East & Africa, in Terms of Value.
8.5.2 Saudi Arabia
8.5.2.1 Saudi Arabia to Be the Second-Fastest Growing Market in the Middle East & Africa, in Terms of Value.
8.5.3 UAE
8.5.3.1 Fiber Cement is Expected to Be the Fastest-Growing Siding Material in the UAE, in Terms of Value
8.5.4 South Africa
8.5.4.1 The Residential Segment to Lead the South African Siding Market, in Terms of Value
8.5.5 Rest of Middle East & Africa
8.5.5.1 Rest of Middle East & Africa is Projected to Grow at A Stagnant Growth Rate
8.6 South America
8.6.1 Brazil
8.6.1.1 Brazil to Account for the Largest Share in the South American Siding Market
8.6.2 Argentina
8.6.2.1 Increasing Investment in Constructions is Projected to Drive the Siding Market in Argentina
8.6.3 Chile
8.6.3.1 Technological Asvancement for Construction Activities is Projected to Drive the Siding Market in Argentina
8.6.4 Rest of South America
8.6.4.1 Fiber Cement is Projected to Remain the Largest Consumed Material in the Siding Market in Rest of South America
9 Competitive Landscape (Page No. - 107)
9.1 Overview
9.2 Competitive Scenario
9.2.1 Mergers & Acquisitions
9.2.2 Expansions, Investments, and Divestments
9.2.3 Partnerships, Agreements, and Joint Ventures
9.2.4 New Product Developments
9.3 Microquadrant for Siding Manufacturers
9.4 Siding Market (Global)
9.4.1 Strength of Product Portfolio
9.4.2 Business Strategy Excellence
10 Company Profiles (Page No. - 113)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
10.1 Compagnie De Saint-Gobain S.A.
10.2 Westlake Chemical
10.3 Boral Limited
10.4 ETEX Group
10.5 Louisiana Pacific Corporation
10.6 James Hardie Industries PLC
10.7 Nichiha Corporation
10.8 Cornerstone Building Brands
10.9 Shera
10.10 Döcke Extrusion Co. Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11 Appendix (Page No. - 135)
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details
List of Tables (150 Tables)
Table 1 USD Conversion Rates, 2016–2018
Table 2 Deciding Factors While Selecting A Siding Material
Table 3 Siding Market Size, By Material, 2019–2024 (USD Million)
Table 4 Sidings Market Size, By Material, 2019–2024 (Million Square Feet)
Table 5 Pros and Cons of Vinyl Siding
Table 6 Pros and Cons of Fiber Cement Siding
Table 7 Pros and Cons of Wood Siding
Table 8 Pros and Cons of Stucco, Brick & Stone Siding
Table 9 Siding Market Size, By End-Use Industry, 2019–2024 (USD Million)
Table 10 Sidings Market Size, By End-Use Industry, 2019–2024 (Million Square Feet)
Table 11 Siding Market Size, By Region, 2017–2024 (USD Million)
Table 12 Sidings Market Size, By Region, 2017–2024 (Million Square Feet)
Table 13 North America: Siding Market Size, By Country, 2017–2024 (USD Million)
Table 14 North America: Market Size, By Country, 2017–2024 (Million Square Feet)
Table 15 North America: Fiber Cement Siding Market Size, By Material, 2017–2024 (USD Million)
Table 16 North America: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 17 North America: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 18 North America: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 19 US: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 20 US: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 21 US: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 22 US: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 23 Canada: Sidings Market Size, By Material, 2017–2024 (USD Million)
Table 24 Canada: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 25 Canada: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 26 Canada: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 27 Mexico: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 28 Mexico: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 29 Mexico: Fiber Cement Sidings Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 30 Mexico: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 31 Asia Pacific: Siding Market Size, By Country, 2017–2024 (USD Million)
Table 32 Asia Pacific: Market Size, By Country, 2017–2024 (Million Square Feet)
Table 33 Asia Pacific: Market Size, By Material, 2017–2024 (USD Million)
Table 34 Asia Pacific: Fiber Cement Siding Market Size, By Material, 2017–2024 (Million Square Feet)
Table 35 Asia Pacific: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 36 Asia Pacific: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 37 China: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 38 China: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 39 China: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 40 China: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 41 Japan: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 42 Japan: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 43 Japan: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 44 Japan: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 45 India: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 46 India: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 47 India: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 48 India: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 49 Australia: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 50 Australia: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 51 Australia: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 52 Ustralia: Siding Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 53 Vietnam: Sidings Market Size, By Material, 2017–2024 (USD Million)
Table 54 Vietnam: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 55 Vietnam: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 56 Vietnam: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 57 Thailand: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 58 Thailand: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 59 Thailand: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 60 Thailand: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 61 Rest of Asia Pacific: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 62 Rest of Asia Pacific: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 63 Rest of Asia Pacific: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 64 Rest of Asia Pacific: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 65 Europe: Siding Market Size, By Country, 2017–2024 (USD Million)
Table 66 Europe: Market Size, By Country, 2017–2024 (Million Square Feet)
Table 67 Europe: Market Size, By Material, 2017–2024 (USD Million)
Table 68 Europe: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 69 Europe: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 70 Europe: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 71 Germany: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 72 Germany: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 73 Germany: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 74 Germany: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 75 France: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 76 France: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 77 France: Fiber Cement Siding Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 78 France: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 79 UK: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 80 UK: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 81 UK: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 82 UK: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 83 Italy: Sidings Market Size, By Material, 2017–2024 (USD Million)
Table 84 Italy: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 85 Italy: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 86 Italy: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 87 Spain: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 88 Spain: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 89 Spain: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 90 Spain: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 91 Russia: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 92 Russia: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 93 Russia: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 94 Russia: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 95 Rest of Europe: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 96 Rest of Europe: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 97 Rest of Europe: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 98 Rest of Europe: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 99 Middle East & Africa: Siding Market Size, By Country, 2017–2024 (USD Million)
Table 100 Middle East & Africa: Market Size, By Country, 2017–2024 (Million Square Feet)
Table 101 Middle East & Africa: Market Size, By Material, 2017–2024 (USD Million)
Table 102 Middle East & Africa: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 103 Middle East & Africa: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 104 Middle East & Africa: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 105 Turkey: Sidings Market Size, By Material, 2017–2024 (USD Million)
Table 106 Turkey: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 107 Turkey: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 108 Turkey: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 109 Saudi Arabia: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 110 Saudi Arabia: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 111 Saudi Arabia: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 112 Saudi Arabia: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 113 UAE: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 114 UAE: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 115 UAE: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 116 UAE: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 117 South Africa: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 118 South Africa: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 119 South Africa: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 120 South Africa: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 121 Rest of Middle East & Africa: Siding Market Size, By Material, 2017–2024 (USD Million)
Table 122 Rest of Middle East & Africa: Market Size, By Material, 2017–2024 (Million Square Feet)
Table 123 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 124 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2017–2024 (Million Square Feet)
Table 125 South America: Siding Market Size, By Country, 2017–2024 (USD Million)
Table 126 South America: Market Size, By Country, 2017-2024(Million Square Feet)
Table 127 South America: Market Size, By Material, 2017-2024(USD Million)
Table 128 South America: Market Size, By Material, 2017-2024(Million Square Feet)
Table 129 South America: Market Size, By End-Use Industry, 2017-2024(USD Million)
Table 130 South America: Sidingmarket Size, By End-Use Industry, 2017-2024(Million Square Feet)
Table 131 Brazil: Siding Market Size, By Material, 2017-2024(USD Million)
Table 132 Brazil: Market Size, By Material, 2017-2024(Million Square Feet)
Table 133 Brazil: Market Size, By End-Use Industry, 2017-2024(USD Million)
Table 134 Brazil: Sidingmarket Size, By End-Use Industry, 2017-2024(Million Square Feet)
Table 135 Argentina: Sidings Market Size, By Material, 2017-2024(USD Million)
Table 136 Argentina: Market Size, By Material, 2017-2024(Million Square Feet)
Table 137 Argentina: Market Size, By End-Use Industry, 2017-2024(USD Million)
Table 138 Argentina: Sidingmarket Size, By End-Use Industry, 2017-2024(Million Square Feet)
Table 139 Chile: Siding Market Size, By Material, 2017-2024(USD Million)
Table 140 Chile: Sidingmarket Size, By Material, 2017-2024(Million Square Feet)
Table 141 Chile: Siding Market Size, By End-Use Industry, 2017-2024(USD Million)
Table 142 Chile: Market Size, By End-Use Industry, 2017-2024(Million Square Feet)
Table 143 Rest of South America: Siding Market Size, By Material, 2017-2024(USD Million)
Table 144 Rest of South America: Market Size, By Material, 2017-2024(Million Square Feet)
Table 145 Rest of South America: Market Size, By End-Use Industry, 2017-2024(USD Million)
Table 146 Rest of South America: Market Size, By End-Use Industry, 2017-2024(Million Square Feet)
Table 147 Merger & Acquisitions
Table 148 Expansions, Investments, and Divestements
Table 149 Partnerships, Agreements, and Joint Ventures
Table 150 New Product Developments
List of Figures (35 Figures)
Figure 1 Siding Market Segmentation
Figure 2 Sidings Market, By Region
Figure 3 Siding Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Siding: Data Triangulation
Figure 7 Fiber Cement Material is Estimated to Lead the Siding Market During the Forecast Period
Figure 8 The Residential Segment is Projected to Lead the Siding Market During the Forecast Period
Figure 9 North America Led the Siding Market in 2018
Figure 10 Rise in Residential Construction is Projected to Drive the Siding Market
Figure 11 The US Was the Largest Market for Siding in North America in 2018
Figure 12 Fiber Cement is Projected to Lead the Siding Market During the Forecast Period
Figure 13 Residential is Projected to Be the Fastest-Growing End-Use Industry in the Siding Market
Figure 14 The Sidings Market in China is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 15 Siding Market Dynamics
Figure 16 Global Infrastructural Investment By 2030 (USD Billion)
Figure 17 Population Growth has Increased By 3 Billion in the Last Three Decades
Figure 18 Siding Market Size, By Material, 2019 vs 2024 (USD Million)
Figure 19 Siding Market Size, By End-Use Industry, 2019 vs 2024 (USD Million)
Figure 20 Geographical Snapshot: Siding Market Growth Rate, By Country, 2019–2024
Figure 21 North America: Market Snapshot
Figure 22 Companies Adopted Mergers & Acquisitions as the Key Growth Strategy Between 2016 and 2019
Figure 23 Competitive Leadership Mapping, 2018
Figure 24 Compagnie De Saint-Gobain S.A.: Company Snapshot
Figure 25 Compagnie De Saint-Gobain S.A.: SWOT Analysis
Figure 26 Westlake Chemical: Company Snapshot
Figure 27 Westlake Chemical: SWOT Analysis
Figure 28 Boral Limited: Company Snapshot
Figure 29 Boral Limited: SWOT Analysis
Figure 30 ETEX Group: Company Snapshot
Figure 31 ETEX Group: SWOT Analysis
Figure 32 Louisiana Pacific Corporation: Company Snapshot
Figure 33 Louisiana Pacific Corporation: SWOT Analysis
Figure 34 James Hardie Industries PLC: Company Snapshot
Figure 35 Nichiha Corporation: Company Snapshot
The study involved four major activities for estimating the current global size of the siding market. The exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of siding through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the siding market. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of different segments and subsegments of the market.
Siding Market Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Factive, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study on the siding market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.
Siding Market Primary Research
Various primary sources from both, the supply- and demand-side of the market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the siding market. The primary sources from the demand-side included key executives from the banks, government organizations, and educational institutions. The breakdown of profiles of primary respondents is as follows:
To know about the assumptions considered for the study, download the pdf brochure
Siding Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the global size of the siding market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:
- The key players were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Siding Market Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the siding market. The data was triangulated by studying various factors and trends from both, the demand- and supply-side.
Siding Market Research Objectives
- To define, analyze, and project the size of the siding market in terms of value and volume based on material, end-use industry, and region
- To project the size of the market and its segments in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
- To provide detailed information about the key factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
- To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
- To analyze the competitive developments such as new product launches, expansions, investments, contracts, acquisitions, partnerships, agreements, and joint ventures in the siding market
- To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies
Siding Market Report Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the siding report:
Siding Market Product Analysis
- Product matrix, which offers a detailed comparison of the product portfolio of companies
Siding Market Regional Analysis
- Further analysis of the siding market for additional countries
Siding Market Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Siding Market