Robust growth in the construction & building industry, increasing real estate transactions, and stabilizing housing markets across the globe have factored the growth in demand for weatherproofing solutions such as vinyl claddings. Homeowners are adopting vinyl sidings for the competitive advantages over fiber cement or wood sidings in terms of protecting the exteriors and providing a decorative appeal. However, predominant use of polymers made from vinyl compounds has increased the ecological footprint of vinyl sidings. Manufacturers face challenges in disposing the used vinyl sidings that are being sent back under directions of environmental protection agencies. Moreover, growing popularity of sidings made from composite or hybrid materials is further influencing the manufacturing landscape in the global vinyl sidings market.
According to Fact.MR, the global vinyl siding market is expected to expand at a moderate pace over the forecast period, 2017-2026. The global vinyl siding market is pegged to register a value CAGR of 4.7% during the forecast period, bringing in global revenues from sales of nearly 45,000 Mn. sq. feet of vinyl sidings by the end of 2026.
Market Taxonomy
|
Region |
Product Type |
End User |
Insulation Type |
|
North America |
Clapboard Siding |
New Residential Construction |
Insulated Siding |
|
Latin America |
Dutch Lap Siding |
New Non-Residential |
Non-Insulated Siding |
|
Europe |
Beaded Siding |
Residential Repair and Rehabilitation |
|
|
Japan |
Cabin Board Siding |
Non-Residential Repair and Rehabilitation |
|
|
APEJ |
Board & Batten Vertical Siding |
||
|
MEA |
Vertical Siding |
||
|
Shingle Siding |
|||
|
Shake Siding |
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Demand for Clapboard Sidings to Remain Predominantly High through 2026
Vinyl clapboard sidings provide an aesthetic appeal to the building exteriors. Their installation continues to gain traction on the account of its connection in increasing the resale value of a building. The report estimates that in 2017, nearly 11,700 Mn. sq. feet of vinyl clapboard sidings have been sold in the global market. The report also projects that over the forecast period, clapboard sidings will account for nearly 40% of the global market volumes of vinyl sidings being sold. Board & batten vertical sidings, on the other hand, will represent key products that will register highest volume CAGR of 4.4% over the forecast period.
End-use of Vinyl Sidings in New Non-Residential Settings to Register Highest Volume CAGR
Through 2026, new residential construction will represent the highest end-use of vinyl sidings, registering a global market volume share of approximately 40%. However, the demand for vinyl sidings will gain traction in new non-residential settings. Their end-use in new non-residential applications will account for global sales of over 17,200 Mn. sq. feet of vinyl sidings. The report further reveals that non-insulated sidings will be predominantly sold in the global market, albeit, their demand will dwindle by 2026-end. Meanwhile, insulated vinyl sidings will register a steady volume growth at 5% CAGR over the forecast period.
Competition Tracking
The report has identified the key players in global vinyl sidings market. Companies namely, Axiall Corporation, Associated Materials Group Inc., Alcoa Inc., Alside Inc., BASF SE, Sibco Building Products, CertainTeed Corporation, Ferriot Inc., Ply Gem Holdings, Acme Brick, Koch Industries, ASC Profile Inc., American Original Building Products, Variform Inc., Berkshire Hathaway Incorporated, Kaycan Ltd., and Royal Building Products have been profiled as leading manufacturers of vinyl sidings in the world. These companies are expected to face challenges in terms of environmental compliance. Optimizing the use of vinyl compounds and extending the reusability of vinyl sidings will also be prioritized by market players in the future.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Prevalent weatherproofing needs of homeowners continue to drive the demand for plastic exterior solutions such as vinyl sidings. Disadvantages of aluminum sidings or fiber cement sidings have instrumented a growing uptake for vinyl sidings. Manufacturers are adopting advanced plastics engineering to develop vinyl siding that can last longer and provide highest resistance against external factors. This report, compiled by Fact.MR, provides in-depth analysis of the global vinyl siding market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
Scope:
The scope of the Fact.MR’s report is to analyze the global vinyl sidings market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Vinyl sidings manufacturers, suppliers, and stakeholders in the global chemicals & materials industry can benefit from the analysis offered in this report.
In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global vinyl sidings market.
Summary:
The report introduces the current scenario of the market for vinyl sidings. The executive summary section of the report offers information regarding the future scope of the global vinyl sidings market. Brief information on the vital aspects, facts, and statistics on the global vinyl sidings market is emphasized in this section.
Overview:
This section offers an overview of the global vinyl sidings market. This section comprises definition of the product – vinyl sidings, along with key insights on dynamics playing an important role towards the growth of the market. The overview also includes market value and year-on-year growth defining the future progress and decline of the global vinyl sidings. Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.
In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.
The report further provides information on various technological advancements in the global vinyl sidings market. Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of vinyl sidings. With advancements in technology, keeping an eye on the latest trends and developments is important for vinyl sidings manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.
Considering the broad-scope of the global vinyl sidings market, the report offers in-depth insights on the forecast and segment-wise analysis. The vinyl sidings market has been segmented on the basis of product type, insulation type, end user, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.
In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis. This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global vinyl sidings market.
Research Methodology
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Vinyl Siding Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026