Global Siding Market Size, Forecasts, And Opportunities – Includes Siding Market Share
Learn about the global siding market through The Business Research Company, which provides information on siding market size, siding market drivers and restraints, siding market players, the COVID-19 impact on the siding market, and more.
The global siding market is expected to grow from $87.79 billion in 2021 to $92.56 billion in 2022 at a compound annual growth rate (CAGR) of 5.4%. The global siding market size is expected to grow to $121.37 billion in 2026 at a CAGR of 7.0%.
The high durability and ability to enhance the aesthetic appearance of buildings are driving the growth of the siding market.
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The siding market consists of sales of siding materials by entities (organizations, sole traders, partnerships) that refer to protective materials attached to the exterior of a wall. Siding helps protect against exposure to the elements, prevents heat loss, and helps improve the aesthetics of a building. Siding improves the aesthetic appeal of a building, which, along with properties such as durability and safety from extreme weathering, has also driven the residential sector. Also, other benefits such as fire protection and high thermal efficiency will further boost the demand for siding.
Global siding market segments include:
By Material: Fiber Cement, Vinyl, Metal, Stucco, Concrete and Stone, Brick, Wood, Others
By End-User: Residential, Non-Residential, Healthcare, Education, Hospitality, Retail, Offices, Others
By Application: New Construction, Repair and Maintenance
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global siding market in 2021
The increasing use of sidings with good insulation to reduce energy consumption through air conditioners and heaters is shaping the siding market. Sidings with good insulation are commonly vinyl sidings. These sidings, unlike standard sidings, come with a preinstalled layer of insulating foam, which eliminates hollow spaces under the vinyl layer and helps increase the stiffness of the installation, ultimately improving the impact resistance.
TBRC’s siding market report covers:
Major Market Players: Compagnie de Saint-Gobain S.A., Westlake Chemical, Louisiana Pacific Corporation, Etex Group, Boral Limited, James Hardie Industries PLC, Nichiha Corporation, Cornerstone Building Brands, SHERA, Döcke Extrusion Co. Ltd., Georgia Pacific Vinyl Siding, Kingspan, Ply Gem, Lixil Group Corporation, Saint-Gobain, DuPont, Tata Steel, Arconic, Alumasc, Rockwool, National Cladding, Revelstone, Wienerberger, Knauf, Carea Community Health Centre, and Al Ghurair Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Siding Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides siding market overviews, analyzes and forecasts market size, share, siding market players, siding market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s siding market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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