The demand for sidings in the manufacturing and construction industry is on the rise with increasing infrastructure development across developing countries. Also, rapid population growth and urbanization in these countries are further encouraging the demand for siding. On the other hand, the developed countries are moving towards sidings as protective systems and for enhancing the aesthetics of buildings. Major market players are adopting key strategies such as expansion, acquisition, and product launches to stay competitive.
MARKET DYNAMICS
The siding market is anticipated to grow in the forecast period owing to driving factors such as an increase in residential and construction activities coupled with demand for sustainable siding material. Moreover, the high durability of siding is further expected to fuel market growth. However, the high cost of raw materials may hamper the growth of the siding market during the forecast period. On the other hand, an increase in demand for fiber cement siding is likely to offer lucrative growth opportunities for the key stakeholders of the siding market in the coming years.
MARKET SCOPE
The "Global Siding Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of siding market with detailed market segmentation by type, application, and geography. The global siding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading siding market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global siding market is segmented on the basis of type and application. Based on type, the market is segmented as vinyl, wood, fiber cement, and others. On the basis of the application, the market is segmented as residential and non-residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global siding market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The siding market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting siding market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the siding market in these regions.
MARKET PLAYERS
The reports cover key developments in the siding market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from siding market are anticipated to lucrative growth opportunities in the future with the rising demand for siding in the global market. Below mentioned is the list of few companies engaged in the siding market.
The report also includes the profiles of key siding companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Boral Limited
- Compagnie de Saint Gobain SA
- Cornerstone Building Brands Inc
- Docke Extrusion LLC
- James Hardie Building Products Inc.
- Louisiana-Pacific Corporation
- Nichiha USA, Inc.
- SHERA Public Company Limited
- Toray Industries, Inc.
- Westlake Chemical Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.