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

Nolato Contour beefs up white room molding capabilities

September 18, 2014 11:56 am ET

Nolato Medical has extended its controlled environment options to include a white room at its Baldwin, Wis., Nolato Contour plant.    More

Image

Thermoforming conference draws 300 first-time attendees

September 18, 2014 10:39 am ET

The Society of Plastics Engineers Thermoforming Conference drew 814 attendees, according to Jim Arnet, conference chairman.    More

Image

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

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

Upcoming Plastics News Events

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

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

More Events