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According to the latest report by IMARC Group, titled “Siding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on siding market research report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global siding market size reached US$ 93.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 120.8 Billion by 2027, exhibiting a growth rate (CAGR) of 4.4% during 2022-2027.

Siding is a material used in the exterior wall of a building to protect it from sun, wind, and rain. It is also used to prevent heat loss and to maintain the temperature inside the building. It refers to wood units or items that look like wood used on dwellings. Some examples of siding are clapboard, horizontal lap siding, vertical board siding, and shingles. The increasing product demand for siding materials that can withstand chemical exposure and be utilized as weatherproofing materials in the construction industry is strengthening the market growth.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The global market is majorly driven by the significant growth in the number of residential buildings expansion of the residential sector. In line with this, the increasing infrastructure development activities are positively influencing the market growth across the globe. Furthermore, the rising demand for the construction of residential and commercial buildings is catalyzing market growth. Apart from this, the growing popularity of siding materials to enhance the beauty appearance of commercial the buildings is creating a positive outlook for the market. Moreover, the widespread availability of siding materials, such as wood, fiber, plastic, and others, are propelling the market growth. Besides this, increasing demand from the construction industry for siding materials that can withstand chemical exposure and be utilized as weatherproofing materials is strengthening the market growth. Additionally, the growing renovation activities and the introduction of green siding materials are anticipated to drive the market further.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/siding-market

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Our report has categorized the market based on region, material, end use and application.

Market Breakup by End Use:

Breakup by Region:    

Key highlights of the Report:

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US: IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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