According to the latest report by IMARC Group, titled “Siding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on siding market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global siding market reached a value of US$ 90.1 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$112.7 Billion by 2026.
Siding is a material that is primarily used to clad, cover, and protect the exterior of a building. It is manufactured from various materials, including wood, steel, cement, asphalt, brick, vinyl, and composite materials. Siding protects the building structure from exposure to extreme weather conditions, such as rain, snow, wind, and precipitation. This helps provide thermal efficiency, maintain the temperature inside the building and enhance the architectural beauty of the building.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Siding Market Trends:
The global siding market is primarily driven by the increasing number of construction activities across residential and non-residential buildings. Sidings exhibit high durability and the ability to enhance the aesthetic appearance of the building. Besides this, several initiatives undertaken by governments to develop public infrastructure have encouraged manufacturers to introduce green siding materials, which are significantly increasing its demand across the globe. Furthermore, the emerging trend of using siding material for upgrading the aesthetic value of buildings is also expected to impact the market growth in the coming years.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Boral Limited
- Georgia Pacific Vinyl Siding
- James Hardie
- Kingspan
- Nichiha
- Louisiana Pacific
- Alumasc
- Döcke Extrusion Co. Ltd.
- Ply Gem
- Knauf
- ETEX Group
- Lixil Group Corporation
- ROCKWOOL
- National Cladding
- Revelstone
- Wienerberger
Market Breakup by Material:
- Fiber Cement
- Vinyl
- Metal
- Stucco
- Concrete and Stone
- Brick
- Wood
- Others
Market Breakup by End Use:
- Residential
- Non-Residential
- Healthcare
- Education
- Hospitality
- Retail
- Offices
- Others
Market Breakup by Application:
- New Construction
- Repair and Maintenance
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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