The global siding market is expected to grow at 3.9% CAGR from 2024 to 2030. It is expected to reach above USD 142.48 billion by 2030 from USD 101.86 billion in 2023.
A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Siding Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Siding market based on criteria such as type, applications, distribution channels, geography, and more.
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Year Considered to Estimate the Market Size:
· Base Year of the Analysis: 2023
· Historical Period: 2018-2023
· Forecast Period: 2024-2030
Competitive Landscape
The Siding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Siding market.
Leading Key players included in this Report are:
Major players in the Siding Market are identified through secondary research and their market revenues determined through primary and secondary research are: 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 among other domestic.
Westlake Chemical purchased NAKAN, a worldwide compounding solutions company, in January 2019 to expand its manufacturing and research facilities in China, Germany, France, Japan, Mexico, Italy, the United States, Vietnam, and Spain. NAKAN’s products are used in a variety of sectors, including automotive, medical, and building and construction.
LP Building Solutions announced the addition of two new products to its portfolio in January 2019, LP SmartSide Smooth Trim & Siding and LP WeatherLogic Air & Water Barrier. These goods are part of a line of solution-oriented solutions for homeowners and construction professionals.
Siding Market Segmentation:
Siding Market by Material, 2024-2030, (USD Million), (Million Square Feet)
Vinyl
Fiber Cement
Wood
Others (Stucco, Brick, and Stone)
Siding Market by End Use Industry, 2024-2030, (USD Million), (Million Square Feet)
Residential
Non-Residential
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https://exactitudeconsultancy.com/reports/10009/siding-market/
Regional Outlook:
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Important Features that are under offering & key highlights of the report:
- Detailed overview of Siding market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Siding market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Siding market performance
- Market player’s information to sustain and enhance their footprint
Key Benefits:
⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Siding market.
⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Siding market.
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Siding Market.
Following are some of the Most Important Questions that are Answered in this Report:
➟ What are the key regulatory frameworks governing significant sectors within the Siding Market?
➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Siding Market?
➟ Who are the leading global enterprises currently exerting significant control over the majority of the Siding Market?
➟ What primary business models are typically employed by the major companies in this market?
➟ What are the pivotal factors expected to impact the global expansion of the Siding Market?
➟ How do major companies operating in the global Siding Market space incorporate crucial strategies?
➟ What are the existing revenue contributions of various product categories in the global Siding Market, and what changes are anticipated in this regard?
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· The systematic and methodical market research process.
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