Market Overview:
The global building siding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and low-maintenance building siding products. In addition, the growing construction industry is also contributing to the growth of this market. The global building siding market can be segmented on the basis of type, application, and region. On the basis of type, wood siding dominates this market followed by vinyl siding and metal siding. Vinyl sidings are projected to grow at a higher CAGR than other types during 2018-2030 owing to their properties such as durability, weather resistance, and low maintenance requirements. On account of these benefits over traditional materials such as wood or metal sidings; composite sidings are witnessing high adoption rates in both residential and nonresidential applications across regions globally.
Product Definition:
Building siding is a covering on the outside of walls of buildings. It is used to protect the building from weather and to make it more attractive.
Wood Siding:
Wood siding is a type of exterior cladding that is made from wood and used to cover the exterior walls of buildings. It comes in various types including redwood, cedar, pine, oak and composite. The growth factor for the market is increasing demand for low maintenance cost durable materials that provide an attractive appearance to building exteriors.
Vinyl Siding:
Vinyl siding is a type of cladding which is installed around the exterior of buildings. It consists of flat sheets joined by special adhesives and has many uses in building applications such as windows, doors, decks, fences and others. Vinyl siding can be used on single homes or multi-family residential buildings depending upon the project requirements.
Application Insights:
The residential application segment accounted for the largest revenue share of over 60% in 2017. The rising number of renovation activities across the globe is expected to boost product demand in this segment. Building siding materials are widely used in residential applications as they offer aesthetic appeal, protection against extreme heat and cold, and enhance the value of a building property.
Vinyl siding is highly preferred for use on homes due to its low cost, durability, versatility & flexibility which makes it an ideal solution for most home improvement projects along with its ability to blend into almost any architectural style or design.
Regional Analysis:
Asia Pacific building siding market is anticipated to witness significant growth over the forecast period. The region’s construction industry has been growing at a rapid pace in recent years, which has resulted in an increased demand for siding products. China and India are among the largest markets for wood, metal and composite siders globally.
The Chinese government is encouraging domestic manufacturing by allowing 100% foreign direct investment (FDI) through the automatic route; this policy was implemented from 2015 to 2017 window periodicals). This move was intended to promote domestic production of home-grown raw materials, components as well as finished goods such as residential buildings and commercial spaces.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly building materials
- Rising construction spending in developing countries
- Growing popularity of vinyl siding as a low-maintenance alternative to other materials
- Proliferation of DIY home improvement projects
- Advances in manufacturing technology that have led to the development of new and more durable siding products
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Siding Market Research Report
By Type
Wood Siding, Vinyl Siding, Metal Siding, Composite Siding, Fiber Cement Siding, Others
By Application
Residential, Commercial, Industrial, Others
By Companies
Kingspan, James Hardie Industries, Etex Group, Nordic, Arconic, Boral, Metalcraft Roofing, Rockwool International, Everite Building Products, Siparila Oy, Palagio Engineering, Tata Steel, Ruukki Construction, ABTCO, Derby Building Products, Coastal Forest Products, Kebony, CCJX (JIXIANG GROUP)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Building Siding Market Report Segments:
The global Building Siding market is segmented on the basis of:
Types
Wood Siding, Vinyl Siding, Metal Siding, Composite Siding, Fiber Cement Siding, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kingspan
- James Hardie Industries
- Etex Group
- Nordic
- Arconic
- Boral
- Metalcraft Roofing
- Rockwool International
- Everite Building Products
- Siparila Oy
- Palagio Engineering
- Tata Steel
- Ruukki Construction
- ABTCO
- Derby Building Products
- Coastal Forest Products
- Kebony
- CCJX (JIXIANG GROUP)
Highlights of The Building Siding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wood Siding
- Vinyl Siding
- Metal Siding
- Composite Siding
- Fiber Cement Siding
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Siding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building siding is a type of exterior wall covering made from sheets of wood, metal, plastic or other materials. It is typically installed on the outside of buildings to protect them from weather and damage.
Some of the major players in the building siding market are Kingspan, James Hardie Industries, Etex Group, Nordic, Arconic, Boral, Metalcraft Roofing, Rockwool International, Everite Building Products, Siparila Oy, Palagio Engineering, Tata Steel, Ruukki Construction, ABTCO, Derby Building Products, Coastal Forest Products, Kebony, CCJX (JIXIANG GROUP).
The building siding market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Siding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Siding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Siding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Siding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Siding Market Size & Forecast, 2020-2028
4.5.1 Building Siding Market Size and Y-o-Y Growth
4.5.2 Building Siding Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wood Siding
5.2.2 Vinyl Siding
5.2.3 Metal Siding
5.2.4 Composite Siding
5.2.5 Fiber Cement Siding
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Siding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Siding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wood Siding
9.6.2 Vinyl Siding
9.6.3 Metal Siding
9.6.4 Composite Siding
9.6.5 Fiber Cement Siding
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wood Siding
10.6.2 Vinyl Siding
10.6.3 Metal Siding
10.6.4 Composite Siding
10.6.5 Fiber Cement Siding
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wood Siding
11.6.2 Vinyl Siding
11.6.3 Metal Siding
11.6.4 Composite Siding
11.6.5 Fiber Cement Siding
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wood Siding
12.6.2 Vinyl Siding
12.6.3 Metal Siding
12.6.4 Composite Siding
12.6.5 Fiber Cement Siding
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wood Siding
13.6.2 Vinyl Siding
13.6.3 Metal Siding
13.6.4 Composite Siding
13.6.5 Fiber Cement Siding
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Siding Market: Competitive Dashboard
14.2 Global Building Siding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kingspan
14.3.2 James Hardie Industries
14.3.3 Etex Group
14.3.4 Nordic
14.3.5 Arconic
14.3.6 Boral
14.3.7 Metalcraft Roofing
14.3.8 Rockwool International
14.3.9 Everite Building Products
14.3.10 Siparila Oy
14.3.11 Palagio Engineering
14.3.12 Tata Steel
14.3.13 Ruukki Construction
14.3.14 ABTCO
14.3.15 Derby Building Products
14.3.16 Coastal Forest Products
14.3.17 Kebony
14.3.18 CCJX (JIXIANG GROUP)
