Lucintel’s latest market report analyzed that siding provides attractive opportunities in non-residential and residential construction. The siding market is expected to reach $127.7 billion by 2028 with a CAGR of 3.9%. In this market, vinyl is the largest segment by material, whereas non-residential is largest by end use. Increasing adoption of fiber cement siding and increasing use of sidings with good insulation to reduce energy consumption through air conditioners and heaters provides strategic growth path in this market.
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Based on material, the siding market is segmented into fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and others. The vinyl segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to low material and maintenance cost and availability of wide variety of colors.
Browse in-depth TOC on “Siding Market”
102 – Tables
129 – Figures
187 – Pages
The Siding Market is marked by the presence of several big and small players. Some of the prominent players offering siding include Valmont Industries, Kingspan, James Hardie, Nichiha, Ply Gem, Louisiana Pacific, Georgia Pacific Vinyl Siding, Revere Building Products, and Lixil Group Corporation.
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