Siding

Siding

Siding (or cladding) demand in the US market is forecast to grow 5.6 percent per year through 2019 to 100 million squares, according to Freedonia analysts. Strong growth in the new housing market and healthy replacement sales will both contribute to sales gains.

8 Materials Discussed in Depth
There is a diverse array of materials used in the production of siding, all with advantages and disadvantages that impact their usage. Vinyl is the leading type but most other siding materials are expected to register faster growth. Relative growth depends to some extent on variations in regional preferences.

Residential Market Dominates Sales
The residential market accounted for 75 percent of the market in 2015 but the distribution by market varies by year due to trends in housing and commercial/industrial construction. The share held by new housing sales and replacement sales also can differ by year due to trends in the new housing market, which is more volatile.

4 Producers Lead Overall Sales
The siding industry is fragmented with few companies producing multiple product types. There are also important regional variations in siding sales. Leading companies include Associated Materials, Boral, CertainTeed, Forterra, James Hardie, Louisiana Pacific, Nucor, and Ply Gem.

Scope of the Report
This report covers the scope, size, and growth of the US siding market including key trends in material usage and market segmentation. Demand is also broken out by US regions and sub regions. Historical data are provided for 2004, 2009, and 2014 with forecasts for 2019 and 2024, with year by year historical market volatility also addressed. Data is provided in both million squares and million dollars. Also included is an analysis of the industry key players and their market shares.

Siding material types covered in this study include:
Vinyl
Wood
Stucco
Concrete & Stone
Metal
EIFS
Aluminum
Polypropylene
Steel

Markets analyzed in this study include:
Residential (New and Replacement) by Housing Type
Single Family
Multi Family
Manufactured

Nonresidential (New and Replacement) by Building Type
Office
Commercial & Lodging
Industrial
Institutional
Government
Recreation