This report on Siding market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. It evaluates the pricing, demand, growth, revenue, size and gross margin of the industry. For this study, the historical data has been collected from the years 2016 and 2017, taking the year 2018 as the base year and drawing a forecast for the years 2020 to 2027. The industry has seen a stable growth recently and its demand is projected to rise rapidly in the future.
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.
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Top competitors of the Siding Market profiled in the report 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
The research provides answers to the following key questions:
- What will be the growth rate of the Siding market for the forecast period, 2018 to 2027? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Siding market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Siding market for the forecast period, 2018 to 2027?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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SCOPE OF THE REPORT
The study draws a forecast of the growth of the Siding market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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)
- Residential
- Non-residential
Material Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Wood
- Vinyl
- Fiber Cement
- Concrete
- Bricks
- Others
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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