Siding Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Siding Market: By Product Type (Vertical Board Siding, Horizontal Lap Siding, Clapboard, Shingles, and Others), Material Type (Vinyl, Fiber, Wood, Stone, and Others), Application (Residential, Commercial, and Others) and Geography

 

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Report

Description

Siding Market size is expected to be valued at USD 112.5 billion in 2022 which is expected to grow at a CAGR of 4.3% over 2022-2028. Siding is the protecting material that is applied to the exterior wall to defend the building from rain sun and wind. It is used to stop heat loss and uphold the temperature inside the building. Various types of siding are available in the market such as vertical board siding, shingles, horizontal lap siding, and clapboard. Siding enhances the architectural beauty of the buildings. In big buildings, it is called a cladding material on the exterior wall which is used for weatherproofing and decoration. These siding materials are used extensively in residential buildings and small apartments. The rise in residential buildings across the world and the usage of siding in the exterior walls of these houses can lead to the siding market growth. Moreover, the growing development in infrastructure in numerous countries, rise in the population, and surge in the demand for building of commercial and residential houses are some primary factors that can boost the global siding market size. Apart from these, the growing tendency of using siding material for enhancing the beauty of buildings can also accelerate the market in the future. However, some factors such as lack of awareness about sliding materials can restrain the growth of the market. The need for high-quality construction material in numerous nonresidential and residential buildings such as offices, residential, commercial buildings, and institutions can create an opportunity for the global siding market growth. Moreover, the growing acceptance of fiber optics cement siding and the growing use of sidings with better insulation to decrease energy consumption through heaters and air conditioners is an emerging trend in the market.

Key Developments:

In January 2022, Crabtree Siding and Supply were acquired by Beacon to expand its business.

In February 2022, TruExterior 5/8″ Lap Siding was launched by Westlake Royal Building Products™.

Siding Market

MARKET SUMMARY
-
4.3%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.3%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Siding Market

  • The Home Furniture Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The siding market is segmented based on, product type, material type, application and geography.
Key Players
  • Compagnie de Saint-Gobain S.A
  • Westlake Chemical
  • Louisiana Pacific Corporation
  • Etex Group
  • Boral Limited
Siding Market Dynamics

One of the major reasons for the global siding market growth is the rising infrastructural development around the world. A flourishing construction industry across the globe is the chief driver of growth in the siding market A rise in demand for the residential area particularly in some of the developed countries on the earth can be attributed to a growth in the global building market. Moreover, the increase in disposable income of the people in developing and low-income countries is expected to propel the growth of the market in the forecast period.


Asia Pacific Got Significant Share

Siding Market

The Asia Pacific is one of the most profitable regions for the global sliding market growth and is generating new prospects for global players. Fast urbanization and development of the construction sector have the potential to increase the demand for siding in these regions. Apart from this, the inauguration of schemes concerning sustainable development has created a demand for the use of siding. China and India can witness the highest growth in this region in the forecasted period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Siding Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The siding market is projected to expand at a CAGR of 4.3% during the forecast period

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, Docke Extrusion Co. Ltd.

Asia-Pacific is the fastest-growing region for siding market


Report

Table Of Content

1. Executive Summary
2. Global Siding Market Introduction
2.1. Global Siding Market – Taxonomy
2.2. Global Siding Market –Definitions
2.2.1. By Product Type
2.2.2. By Material Type
2.2.3. By Application
2.2.4. By Region
3. Global Siding Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Siding Market Dynamic Factors – Impact Analysis
3.6. Global Siding Market – Competition Landscape
4. Global Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Siding Market, By Material Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Vinyl
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Fiber
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Wood
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Stone
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Siding Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Vertical board siding
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Horizontal lap siding
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Clapboard
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Shingles
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Siding Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Residential
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Commercial
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Others
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Siding Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Region, 2022 – 2028
9. North America Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Vinyl
9.1.2. Fiber
9.1.3. Wood
9.1.4. Stone
9.1.5. Others
9.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Vertical board siding
9.2.2. Horizontal lap siding
9.2.3. Clapboard
9.2.4. Shingles
9.2.5. Others
9.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Residential
9.3.2. Commercial
9.3.3. Others
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2022 – 2028
9.6. North America Siding Market Dynamics – Trends
10. Europe Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Vinyl
10.1.2. Fiber
10.1.3. Wood
10.1.4. Stone
10.1.5. Others
10.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Vertical board siding
10.2.2. Horizontal lap siding
10.2.3. Clapboard
10.2.4. Shingles
10.2.5. Others
10.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Residential
10.3.2. Commercial
10.3.3. Others
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2022 – 2028
10.6. Europe Siding Market Dynamics – Trends
11. Asia-Pacific Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Vinyl
11.1.2. Fiber
11.1.3. Wood
11.1.4. Stone
11.1.5. Others
11.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Vertical board siding
11.2.2. Horizontal lap siding
11.2.3. Clapboard
11.2.4. Shingles
11.2.5. Others
11.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Residential
11.3.2. Commercial
11.3.3. Others
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2022 – 2028
11.6. Asia-Pacific Siding Market Dynamics – Trends
12. Latin America Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Vinyl
12.1.2. Fiber
12.1.3. Wood
12.1.4. Stone
12.1.5. Others
12.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Vertical board siding
12.2.2. Horizontal lap siding
12.2.3. Clapboard
12.2.4. Shingles
12.2.5. Others
12.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Residential
12.3.2. Commercial
12.3.3. Others
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2022 – 2028
12.6. Latin America Siding Market Dynamics – Trends
13. Middle East and Africa Siding Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Vinyl
13.1.2. Fiber
13.1.3. Wood
13.1.4. Stone
13.1.5. Others
13.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Vertical board siding
13.2.2. Horizontal lap siding
13.2.3. Clapboard
13.2.4. Shingles
13.2.5. Others
13.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Residential
13.3.2. Commercial
13.3.3. Others
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Siding Market – Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2022 – 2028
13.6. MEA Siding Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Compagnie de Saint-Gobain S.A
14.2.2. Westlake Chemical
14.2.3. Louisiana Pacific Corporation
14.2.4. Etex Group
14.2.5. Boral Limited
14.2.6. James Hardie Industries PLC
14.2.7. Nichiha Corporation
14.2.8. Cornerstone Building Brands
14.2.9. SHERA
14.2.10. Docke Extrusion Co. Ltd.
15. Research Methodology
16. Key Assumptions and Acronyms

 


Report

Company Profile

  • 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
  • Docke Extrusion Co. Ltd.

Description

Siding Market size is expected to be valued at USD 112.5 billion in 2022 which is expected to grow at a CAGR of 4.3% over 2022-2028. Siding is the protecting material that is applied to the exterior wall to defend the building from rain sun and wind. It is used to stop heat loss and uphold the temperature inside the building. Various types of siding are available in the market such as vertical board siding, shingles, horizontal lap siding, and clapboard. Siding enhances the architectural beauty of the buildings. In big buildings, it is called a cladding material on the exterior wall which is used for weatherproofing and decoration. These siding materials are used extensively in residential buildings and small apartments. The rise in residential buildings across the world and the usage of siding in the exterior walls of these houses can lead to the siding market growth. Moreover, the growing development in infrastructure in numerous countries, rise in the population, and surge in the demand for building of commercial and residential houses are some primary factors that can boost the global siding market size. Apart from these, the growing tendency of using siding material for enhancing the beauty of buildings can also accelerate the market in the future. However, some factors such as lack of awareness about sliding materials can restrain the growth of the market. The need for high-quality construction material in numerous nonresidential and residential buildings such as offices, residential, commercial buildings, and institutions can create an opportunity for the global siding market growth. Moreover, the growing acceptance of fiber optics cement siding and the growing use of sidings with better insulation to decrease energy consumption through heaters and air conditioners is an emerging trend in the market.

Key Developments:

In January 2022, Crabtree Siding and Supply were acquired by Beacon to expand its business.

In February 2022, TruExterior 5/8″ Lap Siding was launched by Westlake Royal Building Products™.

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX