Global Siding Market to Grow at a CAGR of 5.36% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Siding Market 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 02/11/2016 --Report forecast the global siding market to grow at a CAGR of 5.36% during the period 2016-2020.

Siding (or cladding) is a layer attached to the exterior part of a building, which protects it from the effects of weather, and gives an aesthetic appearance. Siding controls the infiltration of weather elements and egress of water.

The report covers the present scenario and the growth prospects of the global siding market for 2016-2020. To calculate the market size, the report considers the revenue generated from the consumption of siding globally

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

According to the report, in the hotel industry, the focus is on exteriors and structural aesthetics. Boutique hotels are the latest trend in the hotel industry. These hotels are smaller than conventional hotels but provide luxury features and services. The increase in the number of boutique hotels and boutique-like makeovers of existing hotels are driving the growth of the market.

Further, the report states that maintenance also depends on the application, climatic conditions, and finishing provided, especially in wall siding. Also, the materials used have a drastic effect on the wear and tear and maintenance costs.

Global Siding Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Siding Market: Alumasc, Boral, James Hardie Industries, Kingspan Panels and Knauf.

Other Prominent Vendors in the market are: Asahi Tostem Exterior Building Materials, Designer Panel Systems, Everite Building Products, Etex, Octego, Lakesmere, MBCI, MesoCoat, Metalcraft Roofing, National cladding, Nichiha, Peter L Brown, Palagio Engineering, Revelstone, ROCKWOOL, Ruukki Construction, Shanghai Seventrust Industry, Shenzhen Weigeya Technology, Sound Homes, Tata BlueScope Steel, Van Dam, Wall Construction, and Weathertex.

Market driver
- Increased investment in hotel construction
- For a full, detailed list, view our report

Market challenge
- Need for regular maintenance
- For a full, detailed list, view our report

Market trend
- Availability of brightly colored siding materials
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 38 pages and 15 Exhibit "Global Siding Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-siding-market-2016-2020

Find all Construction report at : http://www.marketresearchreports.com/construction

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Media Relations Contact

Sudeep Chakravarty
GM - Operations
Market Research Reports, Inc.
302-703-7787
http://www.marketresearchreports.com/technavio/global-siding-market-2016-2020

View this press release online at: http://rwire.com/664373