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Siding Market worth $139.01 billion by 2030, growing at a CAGR of 6.75% - Exclusive Report by 360iResearch

02-08-2024 06:22 AM CET | Industry, Real Estate & Construction

Press release from: 360iResearch

Siding Market | 360iResearch

Siding Market | 360iResearch

The "Siding Market by Material (Fiber Cement, Vinyl, Wood), End-Use industry (Non-Residential, Residential) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Siding Market to grow from USD 87.99 billion in 2023 to USD 139.01 billion by 2030, at a CAGR of 6.75%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/siding?utm_source=openpr&utm_medium=referral&utm_campaign=sample

The siding sector encompasses the sales and distribution of materials used in the exterior cladding of residential and commercial buildings. Siding serves an aesthetic and a functional purpose, protecting the edifice from elements including rain, snow, wind, and sun while contributing to the building's insulation. Materials common in this sector include vinyl, wood, fiber cement, metal, and bricks, with products including traditional lap siding and innovative insulated and high-tech options. The adoption of these materials is primarily driven by construction activities and the remodeling and renovation of existing buildings. Advances in siding materials that offer better durability, energy efficiency, and ease of maintenance contribute to their increased adoption. Key restraints include the high costs associated with certain advanced siding materials, which may limit their adoption in cost-sensitive regions. Regulatory challenges regarding the environmental impact of production and disposal of some siding materials can act as a barrier. Challenges include fluctuating raw material prices and the need for specialized labor for installation, particularly for high-end products. Intense competition and the necessity for continuous product innovation can further strain manufacturers. The opportunities include the development of eco-friendly and sustainable siding options. An increased focus on energy-efficient and green buildings, particularly in regions with strict environmental regulations and policies, is extending new avenues for the industry. Moreover, emerging technologies, such as digital printing and improved insulation features, present potential opportunities for manufacturers willing to invest in research and development.

Market Segmentation & Coverage:

This research report categorizes the Siding Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Material, market is studied across Fiber Cement, Vinyl, and Wood. The Wood is projected to witness significant market share during forecast period.

Based on End-Use industry, market is studied across Non-Residential and Residential. The Non-Residential is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Siding Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Siding Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Siding Market, highlighting leading vendors and their innovative profiles. These include Alumasc Group plc, Arconic Architectural Products LLC, Compagnie De Saint-Gobain S.A., Cornerstone Building Brands, Inc., DuPont de Nemours, Inc., Döke Extrusion LLC, Georgia-Pacific Wood Products LLC, James Hardie Building Products Inc., Kingspan Group, Knauf Company, Lixil Corporation, Louisiana Pacific Corporation, NICHIHA CORPORATION, Rockwool India Pvt. Ltd, SHERA Public Company Limited, USG Corporation, Westlake Corporation, and Wienerberger AG.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Siding Market, by Material
7. Siding Market, by End-Use industry
8. Americas Siding Market
9. Asia-Pacific Siding Market
10. Europe, Middle East & Africa Siding Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Siding Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Siding Market?
3. What is the competitive strategic window for opportunities in the Siding Market?
4. What are the technology trends and regulatory frameworks in the Siding Market?
5. What is the market share of the leading vendors in the Siding Market?
6. What modes and strategic moves are considered suitable for entering the Siding Market?

Read More @ https://www.360iresearch.com/library/intelligence/siding?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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