Se espera que el mercado mundial de revestimientos crezca a una tasa anual compuesta del 3,9 % entre 2022 y 2029. Se espera que alcance más de 142 480 millones de dólares en 2029 desde los 101 860 millones de dólares en 2020.
El material protector utilizado en la pared exterior para proteger la estructura del sol, el viento y la lluvia se conoce como revestimiento. Se utiliza para mantener estable la temperatura del edificio evitando la pérdida de calor. El revestimiento viene en una variedad de estilos, incluidos el revestimiento de solape horizontal, el revestimiento de tablero vertical, la tablilla y las tejas. El esplendor arquitectónico de los edificios se realza con el revestimiento. El revestimiento se divide en numerosas categorías según los materiales utilizados, como madera, vinilo, piedra, fibra y revestimiento compuesto. Se reconoce como un material de revestimiento de paredes exteriores que se utiliza para decorar e impermeabilizar en estructuras grandes. En estructuras residenciales y apartamentos pequeños, estos materiales de revestimiento tienen una gran demanda.
| ATRIBUTO | DETALLES |
| Periodo de estudio | 2020-2029 |
| Año base | 2021 |
| Año estimado | 2022 |
| Año pronosticado | 2022-2029 |
| Periodo histórico | 2018-2020 |
| Unidad | Valor (millones de USD), (millones de pies cuadrados) |
| Segmentación | Por material, por industria de uso final, por región |
| Por material |
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| Por industria de uso final |
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| Por región |
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Se cree que el uso de revestimientos en las paredes externas de estas estructuras es el principal impulsor del crecimiento de la industria de los revestimientos debido al importante desarrollo de los edificios residenciales en todo el mundo. El creciente desarrollo de la infraestructura en numerosos países está impulsando la industria de los revestimientos. El mercado de revestimientos, en particular de los revestimientos de madera y fibra, está siendo impulsado por el aumento de la población y la demanda de desarrollo de edificios residenciales y comerciales. Una mayor demanda en el sector de la construcción de materiales de revestimiento que puedan tolerar la exposición a productos químicos y puedan utilizarse como materiales de impermeabilización para soportar los cambios en las condiciones climáticas.
Además, el aumento de la riqueza de los consumidores y la creciente tendencia a utilizar revestimientos para mejorar el aspecto de los edificios podrían ser importantes impulsores del desarrollo del mercado de revestimientos. Además, la gran variedad de materiales de revestimiento disponibles, como madera, fibra, plástico y otros, amplía las posibilidades del mercado. Como resultado, estas opciones también sirven como un motor de crecimiento para la industria de revestimientos. Sin embargo, la falta de conocimiento sobre los materiales de revestimiento podría ser un gran obstáculo para el sector de revestimientos.
The Siding market size had crossed USD 101.86 billion in 2020 and will observe a CAGR of more than 3.9% up to 2029 driven by the rising technological advancements.
North America held more than 35% of the Siding market revenue share in 2021 and will witness expansion.
Usage of siding in the external walls in residential building is a key driver for the siding market. Rising consumer wealth contributing to the enhancement of appearance of buildings is driving the siding market forward. The North American area is expected to show the highest growth due to credit associated government programs. Improved construction quality, new material adhesions and increasing use of siding to improve the appearance of buildings is driving the market forward.
Compagnie de Saint-Gobain S.A., Westlake Chemical, Louisiana Pacific Corporation, Etex Group, Boral Limited, James Hardie Industries PLC, Nichiha Corporation, Cornerstone Building Brands, SHERA are the key players in the siding market. These companies have developed methods to improve their product portfolios, market presence, and growth prospects in the siding industry.
North America is the largest market for the Siding market.
Fiber cement siding dominated the market in terms of material. It is mostly used for siding in residential and non-residential structures, and it has a 50-year lifespan. Fiber cement siding is cost-effective and may be put in areas with harsh weather. Because of its unusual makeup, it may expand and compress.
The siding market can be divided on the basis of material into vinyl, fiber cement, wood and others. Fiber cement siding dominated the market in terms of material. It is mostly used for siding in residential and non-residential structures, and it has a 50-year lifespan. Fiber cement siding is cost-effective and may be put in areas with harsh weather. Because of its unusual makeup, it may expand and compress. The fibre in the cement makes it stronger and longer-lasting. It also inhibits the formation of surface fractures. Fiber cement is used to replace asbestos cement, which has been linked to cancer in humans.
On the basis of end use industry into residential and non-residential segments. Siding improves a building's visual appeal while also providing features like durability and protection from intense weathering, which has fueled the residential sector. Other advantages, including as fire resistance and good thermal efficiency, will drive up demand for siding. Fiber cement, vinyl, bricks, and wood are the most popular materials for residential siding. Fiber cement siding is popular for residential siding because of its low cost, great durability, and aesthetic appeal. The favourable and flexible financing policies implemented by governments across all areas are boosting the sales of residential building projects, which is fueling the growth of the residential segment in the siding market.
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Compagnie de Saint-Gobain S.A., Westlake Chemical, Louisiana Pacific Corporation, Etex Group, Boral Limited, James Hardie Industries PLC, Nichiha Corporation, Cornerstone Building Brands, SHERA are the key players in the siding market. These companies have developed methods to improve their product portfolios, market presence, and growth prospects in the siding industry.
The Siding market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
In 2020, the North American area retained the biggest market share, thanks to a comeback in the residential and non-residential building sectors. In addition, the siding market in this area is expected to increase at the fastest rate in terms of value from 2022 to 2029. The region's sidings market is predicted to grow as a result of a slew of government programmes, including the Home Renovation Tax Credit and the Home Energy Loan Program (HELP), which encourage homeowners to install energy-efficient siding.
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