1. Market Research
  2. > Construction Market Trends
  3. > World Siding (Cladding) Market

World Siding (Cladding) Market

  • September 2015
  • -
  • Freedonia
  • -
  • 397 pages

Summary

Table of Contents

World demand to rise over 4% annually through 2019

The global siding market is projected to expand just over four percent per year through 2019 to nearly six billion square meters, valued at $65 billion. Two trends will spur gains in the residential market: housing market rebounds in many higher income countries such as the US and many in Western Europe, and rising personal income levels in lower income countries, allowing more individuals to afford houses built with multi-layer construction techniques that utilize siding.

North America to be fastest growing market

Through 2019, North America is forecast to post the fastest siding demand gains at six percent annually. Demand in this region will benefit primarily from a continuing housing market recovery in the US, causing that country to post demand gains among the world’s fastest through 2019. Despite rebounds in many countries of Western Europe, that region is projected to post the slowest siding demand gains through 2019, and demand is not expected to reach 2004 levels. Siding demand growth in the Asia/Pacific region is projected to be only moderately above the world average, but given the large size of the market, the region will account for over half of that amount. India and Indonesia are developing countries in the region that will exhibit rapid growth in siding demand given their vibrant building construction markets.

After North America, the Africa/Mideast region is forecast to post the fastest siding demand gains through 2019, benefiting from ongoing industrial and commercial development and rising personal income levels, making siding products more affordable for residential construction.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Crane Market - Growth, Trends and Forecast Analysis (2017 - 2022)

Global Crane Market - Growth, Trends and Forecast Analysis (2017 - 2022)

  • $ 7850
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The global crane market is expected to grow at a CAGR of over 6% till 2022. The market accounted to USD 32.45 billion in 2016. Innovations in manufacturing and smart design have resulted in adaptable, ...

Mobility on Demand Market by Service Type, Data Service, Connectivity, Vehicle Type, and Region - Global Forecast to 2025

Mobility on Demand Market by Service Type, Data Service, Connectivity, Vehicle Type, and Region - Global Forecast to 2025

  • $ 7150
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Growing need for personal mobility in wake of rising urbanization and fall in car ownership are expected to fuel the demand for mobility on demand” The mobility on demand market is projected to grow ...

Smart Transportation Market by Solution Type (Smart Ticketing, Parking Management, Passenger Information, Traffic Management, Integrated Supervision, and Insurance Telematics), Service, and Region - Global Forecast to 2021

Smart Transportation Market by Solution Type (Smart Ticketing, Parking Management, Passenger Information, Traffic Management, Integrated Supervision, and Insurance Telematics), Service, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • April 2017
  • by MarketsandMarkets

Rising demand of integrated security and safety system for enhancing public safety is expected to drive the growth of the smart transportation market The smart transportation market size is expected to ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.