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Siding Market Growth Focus And Significant Leading Players By 2023-2032: Compagnie de Saint-Gobain S.A., Westlake Chemical, Louisiana Pacific Corporation, Etex Group
Siding Market Report
As per the siding market report by The Business Research Company, the high durability and ability to enhance the aesthetic appearance of buildings are driving the growth of the siding market. Siding for new construction or repair helps improve various factors of a building. Siding can help ensure the structural integrity of a building, protecting water from causing the wood in a building to rot. Certain types of siding are also resistant to moisture or offer protection from harsh weather elements and wind up to 180 mph. Furthermore, it can help increase the resale value of a house by improving the aesthetic, various siding materials can be customized to offer an aesthetic finish to a building. These materials can also be resistant to UV rays, offering an aesthetic looking building in the long run.
The global siding market size grew from $90.12 billion in 2022 to $94.3 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The siding market size is expected to grow to $114.97 billion in 2027 at a CAGR of 5.1%.
Read More On The Siding Market Report Here:
https://www.thebusinessresearchcompany.com/report/siding-global-market-report
Major competitors in the siding market include 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.
The siding market is segmented -
• By Material: Fiber Cement, Vinyl, Metal, Stucco, Concrete And Stone, Brick, Wood, Other Materials
• By End-User: Residential, Non-Residential, Healthcare, Education, Hospitality, Retail, Offices, Other End-Users
• By Application: New Construction, Repair And Maintenance
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the siding market.
Request A Free Sample Of The siding Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6669&type=smp
The siding market consists of sales of hardie board siding, natural wood siding and ever last composite siding. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Siding Market Include:
1. Executive Summary
2. Siding Market Characteristics
3. Siding Market Trends And Strategies
4. Siding Market - Macro Economic Scenario
5. Siding Market Size And Growth
6. Siding Market Segmentation
...................
27. Siding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Siding Market
29. Siding Market Future Outlook And Potential Analysis
30. Appendix
The "Global Siding Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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