Building Siding Market size is estimated to be USD 14.9 Billion in 2024 and is expected to reach USD 20.2 Billion by 2033 at a CAGR of 4% from 2026 to 2033.
The global building siding market was valued at approximately USD 107.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The demand for building siding is primarily driven by urbanization, the growing construction industry, and the rising focus on energy efficient buildings. In terms of materials, vinyl siding leads the market, followed by wood and fiber cement siding. The Asia Pacific region is experiencing significant growth, with a projected market size of USD 39.8 billion by 2030. This growth is attributed to rapid industrialization, increasing residential and commercial construction, and the demand for durable and aesthetically appealing building materials. North America holds a considerable share, accounting for USD 31.5 billion in 2022, driven by the high construction spending and the adoption of advanced siding materials. In Europe, the market is anticipated to reach USD 23.9 billion by 2030, with strong growth in the residential sector, especially in countries such as Germany and France. The Latin American and Middle Eastern regions also show potential, with growing construction activities and a demand for sustainable building solutions. The Latin American market was valued at USD 8.2 billion in 2022, and the Middle East market is projected to grow at a CAGR of 5.3% during the forecast period. Opportunities in these regions are largely driven by increasing infrastructural developments and the need for better energy efficiency, with government policies pushing for sustainable building practices. The markets expansion is also fueled by innovations in siding materials, which provide better insulation and longer life spans.
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Kingspan
James Hardie Industries
Etex Group
Nordic
Arconic
Boral
Metalcraft Roofing
Rockwool International
Everite Building Products
Siparila Oy
Palagio Engineering
Tata Steel
Ruukki Construction
ABTCO
Derby Building Products
Coastal Forest Products
Kebony
CCJX (JIXIANG GROUP)
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Building Siding Market
Vinyl Siding
Fiber Cement Siding
Wood Siding
Metal Siding
Stucco Siding
Brick and Stone Siding
New Construction
Remodeling Projects
DIY Installations
Professional Installations
Residential Sector
Commercial Sector
Industrial Sector
Institutional Sector
Thin Panels
Standard Thickness Panels
Thick Panels
Textured Finishes
Smooth Finishes
Color Options
Customizable Features
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Building Siding Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Building Siding Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Building Siding Market, By Type
6. Global Building Siding Market, By Application
7. Global Building Siding Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Building Siding Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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