Report upbeat for windows

By Bill Bregar
Senior Staff Reporter

Published: July 24, 2012 6:00 am ET

Related to this story

Topics Construction, Pipe/Profile/Tubing

SCHAUMBURG, ILL. (July 24, 1:40 p.m. ET) — More evidence that the long-suffering home construction industry is beginning to recover comes from a market report on windows.

Sales of vinyl windows — along with the overall sector, regardless of material — will steadily increase through 2015, as the industry rebounds from the low-point recession year of 2009, said a trade association report.

For vinyl windows, new construction should grow more quickly than remodeling, according to the report from American Architectural Manufacturers Association in Schaumburg, and the Window and Door Manufacturers Association in Washington.

Ducker Worldwide LLC in Troy, Mich., prepared the report, called the “2011/2012 U.S. National Statistical Review and Forecast.”

Vinyl is by far the largest window material, outpacing wood, aluminum and fiberglass.

“Vinyl continues to take share from wood and aluminum in the residential window market and now holds a 68 percent share overall,” the Ducker report said. “Vinyl gained in the remodel and replacement segment while holding even in new construction” in 2011.

windows graphicResidential window sales took a hit in 2011 when the government phased out energy-efficiency stimulus tax credits.

Vinyl for new construction should grow by 19.7 percent this year, to 7.9 million units. And the report predicts double-digit annual growth for vinyl windows through 2015, when shipments are expected to top 15 million. But, while upbeat, the report puts the recovery into perspective. That 2015 vinyl number is still below the 2006 level of 16.8 million units.

Also, AAMA and WDMA expect housing starts to continue to recover from the very depressed level of 2009. Even so, total housing starts are not forecast to top 1 million units until 2014 — still well below the peak levels of more than 2 million in 2004 and 2005.

Remodeling, a much bigger segment for vinyl windows, will grow more slowly than new construction. Shipments should reach 19.7 million units in 2012, up 3 percent from 19.1 million in 2011. By 2015, the report predicts vinyl to reach 24.9 million units.

Like new construction, remodeling got hammered by the recession. But activity is expected to pick up later this year, following a strengthening economy and pickup in home sales, according to the Harvard University Joint Center for Housing Studies.

The AAMA/WDMA report said the total window industry collapsed to 38.9 million units in 2009, covering all materials. It recovered in 2010, to 41.6 million, but fell back even further in 2011, to 37.9 million. By contrast, total window shipments were 66.7 million units shipped in 2006, the first year covered by the report.


Comments

Report upbeat for windows

By Bill Bregar
Senior Staff Reporter

Published: July 24, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Green trend boosts plastic building materials business in China

August 29, 2014 9:42 am ET

The greening of China's domestic building materials market is giving the plastics industry a boost.    More

Image

Truce? ACC, US Green Building Council agree to work together on LEED

August 28, 2014 12:08 pm ET

The American Chemistry Council (ACC) and the U.S. Green Building Council (USGBC) announced Aug. 27 that they will be working together on a new...    More

Image

Canadian thermoformer ICI gets new financial backing

August 26, 2014 3:11 pm ET

Innovative Composites International Inc. (ICI) will get a $1.5 million infusion in the form of a loan and equity funding to cover a corporate...    More

Image

Romania's biggest PVC processor adding capacity, product lines

August 26, 2014 10:07 am ET

Romanian plastics manufacturer Teraplast SA has unveiled plans to invest 1.3 million euros ($1.7 million) this year to expand its output capacity and ...    More

Image

Deceuninck buys PVC window maker Pimas, adds capacity in Turkey, Russia

August 25, 2014 2:26 pm ET

European building products manufacturer Deceuninck Group has acquired 81.2 percent of Pimas Plastik Insaat Malzemeleri AS, the leading PVC window prof...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events