PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Siding Market Forecast to Rebound

Monday, May 3, 2010

Comment | More

Demand for siding in the United States is forecast to grow 6.5% per year through 2014 to more than 100 million squares, valued at $11.1 billion, according to new market research.

Advances will be driven by a rebound in housing completions from the sharp declines of 2007 to 2009.  Although housing completions will remain below their cyclical peak in 2006, the recovery will fuel above-average gains in the residential siding market through 2014.

These and other trends are presented in "Siding," a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm.

Fiber cement, stucco and brick siding are the materials expected to see the most rapid advances through 2014. Fiber cement siding demand will be promoted for its durability and ability to be made into siding that resembles more expensive materials, such as wood or brick. Stucco siding demand will be driven by its low cost, ease of installation, durability and minimal maintenance requirements.  Brick will continue to draw homeowner appeal for its look, durability and fire resistance.

Vinyl siding is the industry’s largest product segment, accounting for about 40% of demand in area terms in 2009.  Vinyl siding’s popularity will continue to be supported by its low cost, ease of installation, and durability.  Efforts by manufacturers to broaden the range of available colors and textures will promote gains going forward.  However, more rapid advances will be checked by rising competition from fiber cement and stucco siding, which offer enhanced long-term durability and require less maintenance.

Wood siding accounted for the second-largest share of siding demand in area terms in 2009.  However, continuing a long-term trend, wood siding will account for a smaller share of the market going forward, losing ground to fiber cement and stucco . Wood siding demand has been negatively affected by concerns about its durability and resistance to degradation caused by exposure to the elements. These issues will continue to affect demand going forward.

More information www.freedoniagroup.com.

   

Tagged categories: Brick; Stucco; Vinyl siding

Comment Join the Conversation:

Sign in to our community to add your comments.

Corrosion Probe, Inc.
From Detection to Correction

Corrosion Probe, Inc. has the Most Concrete Coatings Experience and Expertise. Contact us today at
860-767-4402, www.cpiengineering.com


HP Spartacote, a Division of LATICRETE International
Fully Integrated Polyaspartic Coating Systems

HP Spartacote manufactures a full line of patented high performance resinous flooring systems which offer rapid return to service, outstanding durability and chemical resistance.


NLB Corporation
VacLance cleans up as you work

Add vacuum recovery to any NLB rotating water jet lance with a VacLance attachment and vacuum source. Model DM32283 works vertically, horizontally and in corners.


Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

some of the most important bridges in the country; learn about our NEPCOAT-approved system and our entire range of MCU & Polyurea coatings. 1-800-627-2968 www.wassercoatings.com


LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


CHLOR*RID International Inc.
Free Webinar

Learn about soluble salts, along with a discussion on allowable levels.
More information at
www.chlor-rid.com,

800-422-3217


Dampney Co., Inc.
Solar Coating

High Temperature Resistant for Solar Panels/Collectors/Tubes. Achieve selectivity with the economy and ease
of application of a paint.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com