Si prevede che il mercato globale dei rivestimenti crescerà al 3,9% di CAGR dal 2022 al 2029. Si prevede che raggiungerà oltre 142,48 miliardi di USD entro il 2029 da 101,86 miliardi di USD nel 2020.
Il materiale protettivo utilizzato nella parete esterna per proteggere la struttura dal sole, dal vento e dalla pioggia è noto come rivestimento. Viene utilizzato per mantenere stabile la temperatura dell'edificio impedendo la perdita di calore. Il rivestimento è disponibile in vari stili, tra cui rivestimento orizzontale a sovrapposizione, rivestimento verticale a tavole, assicelle e scandole. Lo splendore architettonico degli edifici è esaltato dal rivestimento. Il rivestimento è suddiviso in numerose categorie in base ai materiali utilizzati, come legno, vinile, pietra, fibra e rivestimento composito. È riconosciuto come materiale di rivestimento per pareti esterne utilizzato per decorare e proteggere dalle intemperie in grandi strutture. Nelle strutture residenziali e nei piccoli appartamenti, questi materiali di rivestimento sono molto richiesti.
| ATTRIBUTO | DETTAGLI |
| Periodo di studio | 2020-2029 |
| Anno base | 2021 |
| Anno stimato | 2022 |
| Anno previsto | 2022-2029 |
| Periodo storico | 2018-2020 |
| Unità | Valore (milioni di USD), (milioni di piedi quadrati) |
| Segmentazione | Per materiale, per settore di utilizzo finale, per regione |
| Per materiale |
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| Per settore di utilizzo finale |
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| Per regione |
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Si ritiene che l'uso del rivestimento nelle pareti esterne di queste strutture sia il motore di crescita chiave per il settore dei rivestimenti a causa del significativo sviluppo degli edifici residenziali in tutto il mondo. Il crescente sviluppo delle infrastrutture in numerosi paesi sta spingendo in avanti il settore dei rivestimenti. Il mercato dei rivestimenti, in particolare dei rivestimenti in legno e fibra, è guidato dalla crescita della popolazione e dalla domanda di sviluppo di edifici residenziali e commerciali. Aumento della domanda nel settore edile di materiali di rivestimento che possano tollerare l'esposizione chimica e possano essere utilizzati come materiali di protezione dalle intemperie per resistere ai cambiamenti delle condizioni meteorologiche.
Inoltre, la crescente ricchezza dei consumatori e la crescente tendenza a impiegare rivestimenti per migliorare l'aspetto degli edifici potrebbero essere importanti fattori di sviluppo per il mercato dei rivestimenti. Inoltre, l'ampia scelta di materiali di rivestimento disponibili, come legno, fibre, plastica e altri, amplia le possibilità del mercato. Di conseguenza, queste opzioni fungono anche da fattore di crescita per il settore dei rivestimenti. Tuttavia, una mancanza di conoscenza sui materiali di rivestimento potrebbe essere un grosso ostacolo per il settore dei rivestimenti.
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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