Global Brick & Tile Siding
Global demand for brick and tile siding is forecast to rise 1.8% annually through 2024 to 1.9 billion square meters valued at $24.1 billion. Weakened global building construction activity due to the COVID-19 pandemic will cause demand to decline in 2020, but the market is expected to rebound by the end of 2021 as case numbers fall, economies reopen, and building activity returns to normal levels. Through 2024, gains will be supported by:
. brick and tile’s high durability, aesthetic appeal, availability throughout the world, especially in the Asia/Pacific and Africa/Mideast regions
. rising new home construction, particularly in developing Asia/Pacific and Africa/Mideast countries where the share of homes built with siding is growing
. increasing personal incomes, which allow for greater spending on renovation projects such as siding replacement
. growth in nonresidential building construction, the post-pandemic recovery of which is expected to be healthy
Scope of the Report
This study analyzes global demand for brick and tile siding. Historical demand (2009, 2014, and 2019) and forecasts for 2024 and 2029 are provided for residential siding demand by market in square meters. Brick and tile siding demand is also provided on a country-by-country basis (in square meters), broken out by market (new and improvement and repair). Demand in value terms is shown at the manufacturers’ level and excludes distributor and retailer markups.
The siding products included are:
. Brick is made from clays and shale and can be manufactured in many colors, shapes, and sizes. There are two main types of brick: standard and modular.
. Ceramic exterior wall tiles are manufactured using a mixture of clay, water, feldspar, talc, flint, and other minerals. These tiles generally come in three forms: glazed, unglazed, and mosaic.
Products excluded from the scope of this study include primary loadbearing walls (of brick, concrete block, poured concrete, or stone) and vision glass curtain wall. Secondary products such as soffit and trim are also excluded.
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