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

Prices trending up for some recycled resins

July 24, 2014 1:27 pm ET

Plastics News is correcting prices for recycled grades of several commodity resins on this week's resin pricing chart.    More

Image

Chinese auto suppliers growing in US

July 24, 2014 4:17 pm ET

Two China-based automotive suppliers are expanding in the U.S., according to information released by the Michigan Economic Development Corp.    More

Image

Rail improvements also allow rotomolder to improve operations

July 24, 2014 3:10 pm ET

An infrastructure improvement grant from the U.S. Commerce Department is helping an Indiana plastics plant expand its product line and add jobs.    More

Image

3-D printing a giant for Comic-Con

July 24, 2014 11:17 am ET

Minneapolis-based 3-D printing specialist Stratasys Ltd. has collaborated with the Stan Winston School of Character Arts, Legacy Effects, Condé Nast...    More

Image

Sealed Air moving headquarters, 1,200 jobs to Charlotte, N.C.

July 23, 2014 2:06 pm ET

Sealed Air Corp. — which is known for its Bubble Wrap brand — is moving its headquarters from Elmwood Park, N.J., to Charlotte, N.C., and ...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

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

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

More Events