US Siding Market 2018 Forecast - PowerPoint PPT Presentation

About This Presentation
Title:

US Siding Market 2018 Forecast

Description:

US demand for siding is forecast to rise 7.1 percent yearly to 103.5 million squares in 2018, valued at $12.1 billion. As is the case with many building materials, an expected rebound in construction activity will be the primary driver for growth. – PowerPoint PPT presentation

Number of Views:49

less

Transcript and Presenter's Notes

Title: US Siding Market 2018 Forecast


1
Siding to 2018byFreedonia Group
  • Explore all reports for
  • Construction Material market
  • _at_ http//www.rnrmarketresearch.com/contacts/purcha
    se?rname159974 .

2
Siding to 2018
  • The collection of Construction Material market
    research reports has a new addition of Siding to
    2018 on RnRMarketResearch.com.
  • US demand to rise 7.1 annually through 2018
  •  
  • US demand for siding is forecast to rise 7.1
    percent yearly to 103.5 million squares in 2018,
    valued at 12.1 billion. As is the case with many
    building materials, an expected rebound in
    construction activity will be the primary driver
    for growth. For siding, the link to new housing
    is particularly strong, given that nearly every
    home in the US features exterior cladding. (In
    contrast, most nonresidential buildings opt for
    curtain walls or unclad structural walls).
    Homeowners are increasingly turning to lower
    maintenance, more durable siding materials such
    as fiber cement, brick, EIFS, and stone, although
    all siding products are expected to benefit from
    the forecast recovery in new housing completions.
    Also adding to gains will be continued growth in
    the key replacement market, which accounted for
    57 percent of sales in 2013. Vinyl will remain
    the leading replacement siding by far but will
    continue to be challenged by newer materials with
    better performance characteristics.
  •  Complete report is available _at_
    http//www.rnrmarketresearch.com/siding-to-2018-ma
    rket-report.html .

3
Siding to 2018
  • Brick, concrete stone siding to see fastest
    growth
  • Among material types, brick, concrete, and stone
    siding are expected to see the most rapid
    advances in demand going forward. Brick siding
    demand will be driven by increasing residential
    building construction in the South, where the
    material is most commonly specified because of
    its favorable aesthetics and long tradition of
    use in the region. Moreover, home builders across
    the US are expected to increasingly install brick
    siding because of its desirable appearance, long
    lifespan, and fire resistance. Concrete and stone
    siding is widely used in both residential and
    nonresidential structures. Concrete blocks can be
    utilized to provide functional yet durable
    exterior cladding, while precast concrete panels
    and synthetic stone veneers are specified to
    recreate the look of more costly siding materials
    such as brick or natural stone at a lower
    cost.
  • Request Sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname159974 .

4
Siding to 2018
  • Vinyl siding accounted for the largest share of
    siding demand in 2013 however, vinyl siding has
    seen its share of the US market fall from 39
    percent in 2003 to 27 percent in 2013. Vinyl
    siding has faced strong competition from various
    other materials such as fiber cement, stucco,
    and wood seen as more aesthetically pleasing.
    Going forward, vinyl siding will remain the
    leading material installed in the US because of
    its low cost, long lifespan, and minimal
    maintenance needs. However, vinyl siding will
    continue to lose market share to materials seen
    as better able to improve the exterior appearance
    of residences.
  • Residential market to regain leading share status
  • Residential improvement and repair applications
    were the leading siding market in 2013,
    indicative of the low level of housing
    completions in that year. However, going forward,
    the new residential market is expected to regain
    its leading market position in 2018 as housing
    completions rise rapidly from their low base.
    Residential improvement and repair demand for
    siding will exhibit solid growth as homeowners
    who put off re-siding projects during the
    2007-2009 recession will do them going forward.
  •  Complete report is available _at_
    http//www.rnrmarketresearch.com/siding-to-2018-ma
    rket-report.html .

5
Siding to 2018
  • Nonresidential demand for siding is forecast to
    grow 6.8 percent per annum to 25.0 million
    squares in 2018, driven by rebounding
    nonresidential building construction. The
    commercial and lodging and office segments saw
    the steepest demand declines between 2008 and
    2013, and will thus post the fastest advances
    through 2018. Improving economic conditions will
    spur the construction of shopping malls, hotels,
    resorts, restaurants, and offices.
  • Company Profiles
  • Profiles for major US industry players such as
    CertainTeed, James Hardie, Louisiana Pacific and
    Ply Gem
  • Table Of Contents
  • Introduction  XII
  • I. Executive Summary  1
  • II. Market Environment  4General 
    4Macroeconomic Outlook  5Demographic Trends  9
  • Request Sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname159974 .

6
Siding to 2018
  • Consumer Trends  13Consumer Spending 
    13Consumer Financing  16Building Construction 
    19Residential Buildings  22Housing Completions 
    23Housing Stock  28Improvements Repairs 
    32Nonresidential Buildings  33New 
    33Nonresidential Building Stock  36Improvements
    Repairs  38Regulatory Environmental Trends 
    40Environmental Issues  40Green Building
    Standards  43Recycling  46Other Regulatory
    Issues  47
  • Complete report is available _at_ http//www.rnrmarke
    tresearch.com/siding-to-2018-market-report.html .

7
Siding to 2018
  • Pricing Trends  48Materials Technology Trends 
    50Historical Market Trends  52Foreign Trade 
    55World Siding Market  58
  • III. Materials  62General  62Area Outlook 
    65Value Outlook  66Installed Costs  68Vinyl
    Siding  70Markets  73Products 
    75Characteristics  78Suppliers  81Fiber
    Cement  81Markets  83
  • Request Sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname159974 .
Write a Comment
User Comments (0)
About PowerShow.com