Global Vinyl Siding Market Anticipated to be Valued at 45,000 Mn. by the End of 2026


The global vinyl siding market is expected to expand at a moderate pace over the forecast period, 2017-2026.


[USPRwire, Fri Aug 16 2019] In order to dissert the market scenario prevailing across the vinyl siding market sector, FactMR has evenly presented a comprehensive analysis report on vinyl siding market to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the vinyl siding market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=425

Robust growth in the construction & building industry, increasing real estate transactions, and stabilizing housing markets across the globe have factored the growth in demand for weatherproofing solutions such as vinyl claddings. Homeowners are adopting vinyl sidings for the competitive advantages over fiber cement or wood sidings in terms of protecting the exteriors and providing a decorative appeal. However, predominant use of polymers made from vinyl compounds has increased the ecological footprint of vinyl sidings. Manufacturers face challenges in disposing the used vinyl sidings that are being sent back under directions of environmental protection agencies. Moreover, growing popularity of sidings made from composite or hybrid materials is further influencing the manufacturing landscape in the globalvinyl sidings market.

According to FactMR, the global vinyl sidingmarket is expected to expand at a moderate pace over the forecast period, 2017-2026. The global vinyl sidingmarket is pegged to register a value CAGR of 4.7% during the forecast period, bringing in global revenues from sales of nearly 45,000 Mn. sq. feet of vinyl sidings by the end of 2026.

Demand for Clapboard Sidings to Remain Predominantly High through 2026

Vinyl clapboard sidings provide an aesthetic appeal to the building exteriors. Their installation continues to gain traction on the account of its connection in increasing the resale value of a building. The report estimates that in 2017, nearly 11,700 Mn. sq. feet of vinyl clapboard sidings have been sold in the global market. The report also projects that over the forecast period, clapboard sidings will account for nearly 40% of the global market volumes of vinyl sidings being sold. Board & batten vertical sidings, on the other hand, will represent key products that will register highest volume CAGR of 4.4% over the forecast period.

End-use of Vinyl Sidings in New Non-Residential Settings to Register Highest Volume CAGR

Through 2026, new residential construction will represent the highest end-use of vinyl sidings, registering a global market volume share of approximately 40%. However, the demand for vinyl sidings will gain traction in new non-residential settings. Their end-use in new non-residential applications will account for global sales of over 17,200 Mn. sq. feet of vinyl sidings. The report further reveals that non-insulated sidings will be predominantly sold in the global market, albeit, their demand will dwindle by 2026-end. Meanwhile, insulated vinyl sidings will register a steady volume growth at 5% CAGR over the forecast period.

Competition Tracking

The report has identified the key players in global vinyl sidings market. Companies namely, Axiall Corporation, Associated Materials Group Inc., Alcoa Inc., Alside Inc., BASF SE, 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., and Royal Building Products have been profiled as leading manufacturers of vinyl sidings in the world. These companies are expected to face challenges in terms of environmental compliance. Optimizing the use of vinyl compounds and extending the reusability of vinyl sidings will also be prioritized by market players in the future.

Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=425

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at: https://insiderstribune.com

Company: Fact.MR


Contact Name: Basant

Contact Email: media@factmr.com

Contact Phone: 353-1-6111-593

>>Visit website