Demand Of Vinyl Sidings Is Estimated To Raise By 1.2X In Coming Years

The vinyl siding market refers to the market for plastic exterior cladding used on residential and commercial buildings. Vinyl siding is a popular alternative to traditional wood or metal siding due to its durability, low cost, and ease of installation and maintenance. The global vinyl siding market is projected to grow at a steady rate in the coming years, driven by factors such as increasing construction activities, rising demand for eco-friendly building materials, and the advantages of vinyl siding over traditional materials. The global vinyl siding market was valued at USD 9.12 billion in 2020 and is projected to reach USD 13.13 billion by 2028, at a CAGR of 4.6% during the forecast period.

The market is segmented based on the type of vinyl siding, including insulated and non-insulated vinyl siding. Insulated vinyl siding is designed to provide better insulation and energy efficiency compared to non-insulated siding, making it a popular choice for homeowners and builders looking to reduce energy costs.

Key players in the vinyl siding market include CertainTeed Corporation, Ply Gem Holdings Inc., Royal Building Products, Kaycan Ltd., and Gentek Building Products, among others. These companies are continuously investing in product development and innovation to gain a competitive edge in the market.

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Key findings of the Vinyl Siding market study:

  • The report provides a present market outlook on Vinyl Siding. Additionally, the Vinyl Siding market share is anticipated to grow with a CAGR of 4.4% in the forecast period.
  • Regional breakdown of the Vinyl Siding market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Vinyl Siding vendors in detail.
  • Region-wise and country-wise fragmentation of the Vinyl Siding market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Vinyl Siding market.
  • Vinyl Siding price, market share, and Trends forecast for assessment period 2022-2032

Global Vinyl Siding Market by Category

  • By Product Type :
    • Clapboard Siding
    • Dutch Lap Siding
    • Beaded Siding
    • Cabin Board Siding
    • Board & Batten Vertical Siding
    • Vertical Siding
    • Single Siding
    • Shake Siding
  • By Insulation Type :
    • Insulated Siding
    • Non-Insulated Siding
  • By End-User :
    • New Construction
      • Residential
      • Non-Residential
    • Repair & Rehabilitation
      • Residential
      • Non-Residential
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA

Competitive Landscape

The Vinyl Siding industry is dominated by some prominent players including

  • Westlake Chemical
  • Associated Materials Group Inc.
  • Alcoa Inc.
  • Alside Inc.
  • Sibco Building Products
  • CertainTeed Corporation
  • Ferriot Inc.
  • Ply Gem Holdings
  • Acme Brick
  • Koch Industries
  • ASC Profile Inc.
  • American Original Building Products
  • Variform Inc.
  • Berkshire Hathaway Incorporated
  • Kaycan Ltd.

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Vinyl Siding market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Vinyl Siding brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Vinyl Siding Company & brand share analysis: Company and brand share analysis on Vinyl Siding reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Vinyl Siding Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Vinyl Siding
  • Vinyl Siding Category & segment level analysis: Fact.MR’s Vinyl Siding sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Vinyl Siding Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Vinyl Siding: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments