Global Siding Market

Siding Market Size, Share, Growth Analysis, By Material (Vinyl, Fiber), By Type (Horizontal Lap Siding, Vertical Board Siding), By Applications (Residential, Commercial), By Region -Industry Forecast 2025-2032

Report ID: SQMIG15E2551 | Region: Global | Published Date: November, 2024
Pages: 172 | Tables: 94 | Figures: 71

Siding Market News

  • In October 2024, James Hardie Industries, a top company in the global siding market, has revealed the introduction of a green revolution fiber cement siding range. The current development strives to cut down the levels of carbon footprints during production, and is aimed at thermal insulation, making the energy consumption in residential houses better, thus enhancing its sustainable credentials.
  • In September 2024, Ply Gem Holdings stated that it has introduced a new line of improved vinyl siding products with better UV resistance and weather endurance. This is in view of the growing “siding- that- lasts- for- a- long- time- and- requires- no- maintenance” consumer appetite. New products are also intended to be energy efficient in line with emerging sustainable trends.
  • In August 2024, Etex Group, headquartered in Belgium, introduced a new fiber cement siding product. The innovative material features a unique, weather-resistant coating that increases its lifespan and aesthetic appeal. Such advancement is an embodiment of Etex’s sustenance commitment and attends to the growing need for sustainable durable construction materials.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Siding Market size was valued at USD 116.29 Billion in 2023 and is poised to grow from USD 121.99 Billion in 2024 to USD 178.86 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

The global siding market is competitive due to several international businesses that are undertaking a lot of research and extending their product lines. Such companies as James Hardie Industries, Ply Gem Holdings, Inc., and Louisiana-Pacific Corporation are at the forefront of manufacture of fiber cement and engineered wood siding. Nichiha Corporation and ABC Supply Co., Inc. are some of the companies that provide siding services in a wide range. These players are also pursuing advances in product life, energy performance, and increasingly green material preferences of consumers. 'James Hardie Industries (Australia)', 'Ply Gem Holdings, Inc. (USA)', 'Louisiana-Pacific Corporation (USA)', 'Nichiha Corporation (Japan)', 'ABC Supply Co., Inc. (USA)', 'Boral Limited (Australia)', 'Cembrit (Denmark)', 'CertainTeed (USA)', 'Kingspan Group (Ireland)', 'Mueller, Inc. (USA)', 'KWP Coatings (Australia)', 'Resysta International (Germany)', 'Etex Group (Belgium)', 'RHEINZINK (Germany)', 'Decra Roofing Systems (USA)'

Rising Demand for Energy-Efficient Buildings

Surge in Sustainable and Eco-Friendly Siding Solutions: The siding industry is experiencing these trends, with many people now choosing greener and sustainable materials such as fiber cement and composites instead of wood. The inefficient use of energy among buildings has led not only the consumers but also builders to incorporate energy efficient sidings to their structures mostly due to the change in government policies and the construction sector’s concern on sustainability.

North America dominates the global siding market due to strong demand for residential and commercial construction, driven by urbanization and home renovation trends. The location advantages cutting-edge facilities and easily accessible, high incomes, as well as a liking for long-lasting and energy-efficient products. The market was also driven by innovations in siding technologies such as the development of novel insulation materials and green materials. Moreover, regional policies and incentives in North America aimed at encouraging green building practices facilitate the use of energy saving sidings. Also, the existence of major companies in the region, coupled with strong distribution networks, supports the region's leadership in the global siding market and guarantees that it will continue to lead.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Feedback From Our Clients

Global Siding Market

Report ID: SQMIG15E2551

$5,300
BUY NOW GET FREE SAMPLE