Vinyl Siding Market : Demand for Clapboard Sidings to Remain Predominantly High through 2026

Posted on 2019-03-27 by Mark Hub in Internet & Online // 0 Comments

Rockville, USA, 2019-Mar-27 — /EPR Network/ — According to a recent forecast study by Fact.MR, the vinyl sidings market is poised to expand at a moderate pace during the forecast period, 2017-2026. The report projects that by the end of 2026, nearly US$ 60 Bn worth of vinyl sidings will be sold across the globe. The report further expects that the global vinyl sidings market will expand at a 4% CAGR in terms of volume during the forecast period.

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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 global vinyl sidings market, the report offers in-depth insights on the forecast and segment-wise analysis. The vinyl sidings market has been segmented on the basis of product type, insulation type, end user, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.

By the end of 2026, nearly 20,000 Mn. sq. feet of insulated vinyl sidings will be sold across the globe. The demand for non-insulated vinyl sidings will lose traction towards the end of the forecast period, albeit, accounting for highest global market volume share.

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North America will be at the forefront of global vinyl sidings market expansion. By 2026, the US and Canada will collectively register sales of more than 18,000 Mn. sq. feet of vinyl sidings. The Asia-Pacific excluding Japan (APEJ) is also pegged to remain lucrative for manufacturing vinyl sidings in the foreseeable future.

the report offers information on the key competitors, along with a board view of the market players and company analysis. This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global vinyl sidings market.

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.

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About Fact.MR

Fact.MR 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.

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