市场调查报告书
商品编码
1451206
2024 年按材料(纤维水泥、乙烯基、金属、灰泥、混凝土和石材、砖、木材等)、最终用途(住宅、非住宅)、应用(新建、维修和保养)和地区分類的壁板市场报告-2032Siding Market Report by Material (Fiber Cement, Vinyl, Metal, Stucco, Concrete and Stone, Brick, Wood, and Others), End Use (Residential, Non-Residential), Application (New Construction, Repair and Maintenance), and Region 2024-2032 |
2023年,全球壁板市场规模达到1,012亿美元。展望未来, IMARC Group预计到2032年市场规模将达到1,403亿美元,2024-2032年复合年增长率(CAGR)为3.6%。由于全球建筑活动的增加、壁板行业技术的快速进步、建筑行业能源效率问题的加剧、美学和设计偏好的提高以及各种监管标准和准则的实施,推动了市场快速成长。
市场成长与规模:在全球建筑活动不断增加以及对耐用和节能壁板材料的需求不断增长的推动下,市场正在稳定成长。
主要市场驱动因素:影响市场成长的主要驱动因素包括建筑活动的增加,尤其是住宅领域的建筑活动,以及日益增长的环境和能源效率问题。此外,对美观多样化和技术先进的壁板材料的需求不断增长,也推动了市场的成长。
技术进步:材料科学和製造流程的最新创新,导致创新壁板产品的开发,包括节能、耐用和环保的选择,满足现代建筑不断变化的需求,正在支持市场成长。
产业应用:市场在新建筑和维修保养领域对产品的需求很高。此外,由于持续的城市化和基础设施发展,新建筑领域主导了市场。
主要市场趋势:主要市场趋势包括向永续和环保材料的持续转变、对低维护和耐用产品的日益偏好,以及壁板的客製化以适应不同的建筑风格。
地理趋势:由于快速的城市化和经济发展,北美引领市场。在永续发展议题和对节能产品需求增加的推动下,其他地区也出现了显着成长。
竞争格局:市场的特征是存在从事创新、策略合作伙伴关係和扩张的主要参与者。此外,领先公司还专注于永续发展、产品多元化和增强客户服务,以保持竞争优势。
挑战与机会:市场面临各种挑战,例如原材料价格波动和严格的环境法规的实施。然而,对节能和环保壁板材料的需求不断增长,正在为市场成长创造新的机会。
全球各地的建筑活动不断增加
建筑活动的增加,特别是住宅和商业领域的建筑活动,正在推动市场成长。与此相适应,城市化正在增加对新建住房和商业建筑的需求,从而刺激了对包括壁板在内的建筑材料的需求。此外,各地区经济快速成长,导致基础设施和房地产投资增加,也推动了市场成长。此外,房地产的快速扩张不断满足对壁板材料的需求,推动了市场的成长。此外,郊区的扩张以及新住宅区和商业区的开发也是另一个成长诱因。
壁板产业的快速技术进步
技术进步涵盖了一系列方面,从材料成分和製造工艺到安装技术和美观饰面。工程木材、纤维水泥和高级乙烯基等新材料可提高耐用性、耐候性和能源效率。它们的设计也越来越环保,以满足对永续建筑材料不断增长的需求。此外,尖端製造技术的广泛采用,使得能够生产模仿木材和石材等天然材料的纹理和外观的壁板,同时提供增强的性能特征,正在推动市场成长。此外,三维(3D)建模和扩增实境(AR)等数位技术的最新进展简化了壁板选择和安装流程,正在支持市场成长。
建筑业能源效率问题日益突出
能源效率已成为建筑业最关心的问题,对市场成长产生重大影响。壁板产品在建筑物的隔热中发挥着至关重要的作用,直接影响暖气和冷气的能耗。此外,不断增加的能源成本和环保意识,促进了对有助于提高能源效率的壁板材料的需求,对市场成长产生了积极影响。除此之外,消费者偏好的提高和旨在减少建筑物碳足迹的监管标准也有利于市场成长。此外,节能壁板材料(例如隔热乙烯基、纤维水泥和木质复合材料)的开发,由于能够保持室内温度恆定和减少能量损失而越来越受到青睐,这正在推动市场成长。
不断上升的美感和设计偏好
不断升级的美学和设计偏好在推动市场成长方面发挥关键作用。建筑物的外观是住宅和商业建筑的关键考虑因素,因为它反映了居住者的风格和个性或企业的品牌形象。此外,各种颜色、纹理和款式的可用性,满足不同的建筑设计和个人喜好,正在推动市场成长。此外,消费者可以获得可以模仿天然木材、石头或砖块的外观的壁板材料,提供所需的美感,而无需相关的成本或维护要求,这推动了市场的成长。除此之外,客製化趋势的转变导致了具有各种型材、阴影线和饰面的壁板产品的开发,正在支持市场的成长。
实施各种监管标准和指南
政府和监管机构正在对建筑材料实施有关安全、耐用性、环境影响和能源效率的标准和准则。据此,壁板材料符合防火标准,并且能够承受各种环境压力,例如风、湿度和温度波动。此外,各种环境法规的实施,促使采用由回收材料、可持续来源的木材或挥发性有机化合物 (VOC) 排放量低的材料製成的产品,正在推动市场成长。除此之外,不断努力减少建筑物的碳足迹,从而开发出有助于更好的隔热和降低能耗的节能壁板,这正在支持市场的成长。
The global siding market size reached US$ 101.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 140.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The market is growing rapidly, driven by the increasing construction activities across the globe, rapid technological advancements in the siding industry, heightened energy efficiency concerns in the construction industry, rising aesthetic and design preferences, and the imposition of various regulatory standards and guidelines.
Market Growth and Size: The market is witnessing stable growth, driven by rising construction activities across the globe and the escalating demand for durable and energy-efficient siding materials.
Major Market Drivers: Key drivers influencing the market growth include increased construction activities, especially in the residential sector, and growing environmental and energy efficiency concerns. Additionally, the growing demand for aesthetically diverse and technologically advanced siding materials is boosting the market growth.
Technological Advancements: Recent innovations in material science and manufacturing processes, leading to the development of innovative siding products, including energy-efficient, durable, and environmentally friendly options, catering to the evolving demands of modern construction, is supporting the market growth.
Industry Applications: The market is experiencing high product demand in both new construction and repair and maintenance sectors. Additionally, the new construction segment dominates the market due to ongoing urbanization and infrastructure development.
Key Market Trends: The key market trends involve the ongoing shift towards sustainable and eco-friendly materials, rising preference for low-maintenance and long-lasting products, and the customization of siding to suit diverse architectural styles.
Geographical Trends: North America leads the market due to rapid urbanization and economic development. Other regions are also showing significant growth, fueled by sustainability concerns and heightened demand for energy-efficient products.
Competitive Landscape: The market is characterized by the presence of key players engaging in innovation, strategic partnerships, and expansion. Additionally, leading companies are focusing on sustainability, product diversification, and enhanced customer services to maintain their competitive edge.
Challenges and Opportunities: The market faces various challenges, such as fluctuating raw material prices and imposition of stringent environmental regulations. However, the increasing demand for energy-efficient and eco-friendly siding materials is creating new opportunities for the market growth.
Increasing construction activities across the globe
The rising construction activities, especially in the residential and commercial sectors, are propelling the market growth. In line with this, urbanization is increasing the demand for new housing and commercial buildings, prompting the demand for building materials, including siding. Additionally, rapid economic growth in various regions, leading to increased investments in infrastructure and real estate, is bolstering the market growth. Furthermore, the rapid expansion of real estate, which continually feeds into the demand for siding materials, is fueling the market growth. Moreover, the expansion of suburban areas and the development of new residential and commercial zones is acting as another growth-inducing factor.
Rapid technological advancements in the siding industry
Technological advancements encompass a range of aspects, from material composition and manufacturing processes to installation techniques and aesthetic finishes. New materials, such as engineered wood, fiber cement, and advanced vinyl, offer improved durability, weather resistance, and energy efficiency. They are also increasingly being designed to be more environmentally friendly, catering to the rising demand for sustainable building materials. Additionally, the widespread adoption of cutting-edge manufacturing technologies, enabling the production of siding that mimics the texture and appearance of natural materials, such as wood and stone, while offering enhanced performance characteristics, is propelling the market growth. Moreover, recent advancements in digital technologies, such as three-dimensional (3D) modeling and augmented reality (AR), which have streamlined the siding selection and installation processes, are supporting the market growth.
Heightened energy efficiency concerns in the construction industry
Energy efficiency has become a paramount concern in the building and construction industry, significantly influencing the market growth. Siding products play a crucial role in the thermal insulation of buildings, directly impacting energy consumption for heating and cooling. Furthermore, the increasing energy costs and environmental awareness, prompting the demand for siding materials that contribute to better energy efficiency, is positively impacting the market growth. Besides this, the heightened consumer preferences and regulatory standards aimed at reducing the carbon footprint of buildings are favoring the market growth. Moreover, the development of energy-efficient siding materials, such as insulated vinyl, fiber cement, and wood composites, that are increasingly preferred for their ability to maintain consistent indoor temperatures and reduce energy loss is bolstering the market growth.
Rising aesthetic and design preferences
The escalating aesthetics and design preferences are playing a critical role in driving the market growth. The exterior appearance of a building is a key consideration in both residential and commercial construction, as it reflects the style and personality of the occupants or the brand identity of a business. Furthermore, the availability of a wide range of colors, textures, and styles, catering to diverse architectural designs and personal preferences, is boosting the market growth. Moreover, consumers have access to siding materials that can mimic the look of natural wood, stone, or brick, providing the desired aesthetic without the associated cost or maintenance requirements, which is propelling the market growth. Besides this, the shifting trend towards customization, leading to the development of siding products with varied profiles, shadow lines, and finishes, is supporting the market growth.
Imposition of various regulatory standards and guidelines
Governments and regulatory bodies are imposing standards and guidelines on building materials pertaining to safety, durability, environmental impact, and energy efficiency. In line with this, siding material meets fire resistance standards and is capable of withstanding various environmental stressors like wind, moisture, and temperature fluctuations. Additionally, the imposition of various environmental regulations, prompting the adoption of products made from recycled materials, sustainably sourced wood, or materials with low volatile organic compound (VOC) emissions, is boosting the market growth. Besides this, the ongoing push towards reducing the carbon footprint of buildings, leading to the development of energy-efficient siding that contributes to better insulation and lower energy consumption, is supporting the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on material, end use, and application.
Fiber Cement
Vinyl
Metal
Stucco
Concrete and Stone
Brick
Wood
Others
Fiber cement accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the material. This includes fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and others. According to the report, fiber cement represented the largest segment.
Fiber cement sidings represent the largest market segment, owing to their durability, versatility, and low maintenance. They are made from a mix of cement, sand, and cellulose fibers. Fiber cement sidings offer exceptional resistance to weather, fire, and termites, making them a long-lasting choice for various climates. Additionally, they can be manufactured to mimic the look of wood, brick, or stone, providing aesthetic flexibility. Furthermore, the popularity of fiber cement siding is bolstered by its environmental friendliness, as it often incorporates recycled materials. Moreover, the balanced combination of durability, aesthetic appeal, and cost-effectiveness provided by fiber cement, making it a preferred choice for both residential and commercial buildings, is driving the market growth.
Vinyl siding is highly popular due to its cost-effectiveness, durability, and ease of maintenance. It is made primarily from polyvinyl chloride (PVC) and resists moisture and decay. Furthermore, vinyl siding is lightweight and available in a wide range of colors and styles, making it adaptable to various architectural designs. Besides this, its insulation variants help improve energy efficiency in buildings.
Metal siding is valued for its robustness, longevity, and fire resistance. It stands up well to harsh weather conditions and is often used in commercial and industrial buildings for its protective qualities. Furthermore, metal siding is also recyclable, aligning with eco-friendly building practices, which, in turn, is favoring the market growth
Stucco siding, a mixture of cement, lime, sand, and water, is favored for its textured, classic appearance and is commonly used in Mediterranean or Spanish architectural styles. It provides a seamless exterior that is energy-efficient and has good sound-dampening qualities. Furthermore, the adaptability of stucco siding in terms of color and texture is contributing to the market growth.
Concrete and stone siding offers a premium, high-end aesthetic with exceptional durability and natural beauty. It includes both natural stone and manufactured products that replicate the look of stone. Furthermore, they are highly resistant to fire, weather, and pests, making them a highly desirable options, which is driving the market growth.
Brick siding is a classic choice that provides a timeless look and notable durability. It is known for its robustness, fire resistance, and minimal maintenance needs. Furthermore, brick siding offers a significant return on investment (ROI) in terms of longevity and property value, which is positively impacting the market growth.
Wood siding is valued for its natural beauty and versatility. It is available in various styles like clapboard, shingles, and board-and-batten. Furthermore, wood siding can be painted or stained to achieve a desired look. Additionally, it requires more maintenance, including regular painting and protection against moisture and pests.
Residential
Non-Residential
Healthcare
Education
Hospitality
Retail
Offices
Others
Residential holds the largest share in the industry
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes residential and non-residential (healthcare, education, hospitality, retail, offices, and others). According to the report, residential accounted for the largest market share.
The residential segment occupies the largest market share, driven by the steady demand for housing construction and renovation. It includes various housing types, from single-family homes to multi-unit buildings. Furthermore, the rising homeownership rates, urbanization, and the ongoing trend of home improvement and personalization are contributing to the market growth. Moreover, residential consumers often prioritize aesthetic appeal and durability in siding materials, along with energy efficiency and maintenance requirements. Additionally, the diversity of architectural styles in residential constructions, demanding a wide range of siding options, is strengthening the market growth.
The non-residential segment includes commercial, industrial, and institutional buildings, such as offices, retail spaces, factories, and schools. Its requirements for siding materials differ from the residential sector, often emphasizing durability, low maintenance, and cost-effectiveness. Furthermore, the increasing emphasis on the aesthetic aspect of siding in commercial applications is supporting the market growth.
New Construction
Repair and Maintenance
The report has provided a detailed breakup and analysis of the market based on the application. This includes new construction and repair and maintenance.
The new construction segment is driven by global urbanization, population growth, and the consequent rise in residential and commercial construction activities. Siding is a critical component in new construction projects, contributing to the building's aesthetic, structural integrity, and energy efficiency. Additionally, the increasing emphasis on architectural designs, local climate conditions, and consumer preferences for durability and maintenance is favoring the market growth.
The repair and maintenance segment encompasses activities related to the replacement, refurbishment, and upkeep of existing siding. It is essential due to the need to maintain the structural integrity and appearance of buildings over time. Furthermore, the aging of existing building stock, changing homeowner preferences, and the need to upgrade to more energy-efficient or modern siding solutions are contributing to the market growth.
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
North America leads the market, accounting for the largest siding market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.
North America represents the largest market segment attributed to the high demand for renovation and remodeling, and the presence of key industry players in the region. Additionally, the easy availability of a diverse range of siding materials in the region, driven by varied climatic conditions, aesthetic preferences, and building norms, is catalyzing the market growth. Moreover, the strong preference for durable and low-maintenance materials like vinyl and fiber cement in North America is strengthening the market growth. Apart from this, the emerging trend towards modern and energy-efficient homes, prompting the adoption of innovative siding products in North America, is driving the market growth.
The siding market in Europe is influenced by stringent building codes, energy efficiency standards, and a preference for sustainable building practices. Additionally, the increasing inclination towards eco-friendly materials, like wood and fiber cement, and technologically advanced insulation solutions is propelling the market growth. Moreover, the presence of a rich architectural heritage in Europe, playing a crucial role in siding choices, is fueling the market growth.
The Asia Pacific region is a rapidly growing segment in the siding market, driven by urbanization, industrialization, and increasing investments in infrastructure development. Besides this, the heightened demand for cost-effective and durable siding materials suitable for varied climatic conditions is supporting the market growth. Additionally, the growing awareness of energy-efficient and environmentally sustainable construction practices is favoring the market growth.
In the Middle East and Africa, the siding market is evolving, with growth driven by the booming construction industry. Additionally, the growing demand for materials that can withstand harsh climatic conditions, such as extreme heat and sandstorms, is positively impacting the market growth. Furthermore, the increasing interest in eco-friendly and energy-efficient siding materials as part of sustainable development initiatives is supporting the market growth.
The siding market in Latin America is developing, with growth influenced by urbanization and economic progress. Additionally, the growing need for affordable and durable siding materials suited to the tropical and subtropical climates predominant in the area is boosting the market growth. Moreover, the expanding residential sector in the region, with an increasing number of housing projects and renovations, is driving the market growth.
Major companies are continually innovating and developing new products, including creating siding materials that are more durable, energy-efficient, and environmentally friendly. Furthermore, they are focusing on aesthetic improvements to meet diverse consumer preferences, such as offering a wider range of colors, textures, and styles that mimic natural materials like wood and stone. Additionally, leading siding manufacturers are expanding their geographic reach and diversifying their product portfolios to cater to different markets. Furthermore, they are entering into partnerships, collaborations, and joint ventures with other companies to leverage mutual strengths, such as combining technological expertise, distribution networks, and local market knowledge.
Boral Limited
Georgia-Pacific Wood Products LLC
James Hardie Building Products Inc.
Kingspan Group
Nichiha USA Inc.
Louisiana-Pacific Corporation
Docke Extrusion LLC
Alumasc Group PLC
Ply Gem Industries Inc.
Knauf Gips KG
Etex Group
Lixil Group Corporation
ROCKWOOL Group
C. & S. Cladding (Wales) Limited T/A National Cladding Wales
Revelstone Cape (Pty) Ltd
Wienerberger AG.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
In October 2021, Boral Limited, a North America based manufacturer of building products, such as roofing, siding, and trims, was acquired by Westlake Chemical Corporation.
In December 2023, Georgia-Pacific Wood Products LLC announced its plan to invest $2 billion into launching new facilities and enhancing existing operations.
In November 2023, James Hardie expanded its distribution partnership with Specialty Building Products, LLC (SBP).