Report: Vinyl remains top siding material

By Catherine Kavanaugh
Staff Reporter

Published: March 25, 2014 1:22 pm ET
Updated: March 25, 2014 1:26 pm ET

Related to this story

Topics United States, Building/construction, Vinyl siding

Vinyl siding accounts for the largest share of exterior cladding sales and that’s not going to change anytime soon. But other products are chipping away at its lead, according to a new report.

Brick, concrete and stone siding are expected to see the most rapid advances in demand, according to a new study from Freedonia Group Inc.

The Cleveland-based market research firm projects demand for siding will increase 7.1 percent a year to 2018, when 103.5 million squares valued at $12.1 billion will be sold. The forecast indicates all building materials will benefit from the highly anticipated rebound in construction activity but some more than others.

“Vinyl will remain the leading replacement siding material but will continue to be challenged by newer products with enhanced performance and aesthetic characteristics,” analyst Matt Zielenski said in a statement about trends presented in the 377-page study called Siding.

Vinyl siding demand has been shrinking from a 39 percent share of the U.S. market to 27 percent in 2013, the study says.


Comments

Report: Vinyl remains top siding material

By Catherine Kavanaugh
Staff Reporter

Published: March 25, 2014 1:22 pm ET
Updated: March 25, 2014 1:26 pm ET

Post Your Comments


Back to story


More stories

Image

Newell Rubbermaid expanding production, employment in Kansas

March 3, 2015 3:31 pm ET

Newell Rubbermaid Inc. is expanding and extending plastics molding technologies at its Winfield, Kan., manufacturing plant and distribution center.    More

Image

Snow blamed for roof collapse at Pennsylvania pipe maker

March 3, 2015 4:51 pm ET

Heavy snow is likely to blame for bringing down part of the roof of a Charter Plastics Inc. facility in Titusville, Pa., about 3 p.m. March 3.    More

Image

Accella buys IPS Polymer Systems

March 3, 2015 5:26 pm ET

Accella Performance Materials Inc. is acquiring IPS Polymer Systems Inc. to expand the firm's growing polyurethane operation.    More

Image

Clear Lam settles Doritos lawsuit

March 3, 2015 4:06 pm ET

Clear Lam Packaging Inc. has settled a months-old lawsuit against Frito-Lay Inc. alleging “breach of contract, false advertising, and...    More

Image

Best Places To Work: No. 5, Plastic Components Inc.

March 3, 2015 2:50 pm ET

Plastic Components Inc. had a busy 2014: It built a house, earned a patent, spun off a business, added presses and expanded its staff.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events