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Lucintel Forecasts Siding Market To Reach $126.1 Billion By 2027

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By Author: Lucintel LLC
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According to the recent study the siding market is projected to reach an estimated $126.1 billion by 2027 from $92.3 billion in 2021, at a CAGR of 5.3% from 2021 to 2027. Growth in this market is primarily driven by increasing construction activities, growing repair and maintenance of building exteriors, and a rise in the hospitality industry.
Browse 129 figures / charts and 102 tables in this 205 -page report to understand trends, opportunities and forecast in siding market by material (fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and others), end use (residential and non-residential), application (new construction and repair and maintenance), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/siding-market.aspx

“Vinyl market is expected to remain the largest segment during the forecast period.”
Based on material, the siding market is segmented into fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and others. Lucintel forecasts that the vinyl market is ...
... expected to remain the largest segment due to low material and maintenance cost and availability of wide variety of colors.
“Within the siding market, the non-residential segment is expected to remain the largest end use.”
Based on end use the non-residential segment is expected to witness the highest growth over the forecast period due to growth in retail and office buildings.
“Asia pacific will dominate the siding market in near future.”
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period, supported by increasing urbanization and building construction activities.
Download Brochure of this report by clicking on https://www.lucintel.com/siding-market.aspx
Major players of siding market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Valmont Industries, Kingspan, James Hardie, Nichiha, Ply Gem, Louisiana Pacific, Georgia Pacific Vinyl Siding, Revere Building Products, and Lixil Group Corporation are among the major siding providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/siding-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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