Freedonia In The News

Article Title: Fiber Cement to Lead Siding Comeback
By: David Koenig
Publication: Building Products, 10/19/2012
Freedonia Study: World Siding (2834)

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Growth will be spurred by an increase in housing completions from their depressed 2011 base. Although housing completions will remain below the levels reached at their cyclical peak in 2006, the recovery will spark above-average gains in the residential siding market through 2016. The expected rebound in housing completions through 2016 will re-establish the new housing market as the largest end use for siding. Demand for siding in residential improvement and repair applications will rise at a moderate pace through 2016. Those homeowners that put off improvement projects-such as the replacement of worn out or out-offashion siding-will undertake them in the future, boosting demand. Nonresidential demand for siding is also forecast to grow rapidly through 2016, albeit not at the level of the residential market. Gains will be driven by advancing nonresidential building construction expenditures.
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Article Title: U.S. Demand for Siding to Rebound Through 2015
By: Craig Webb
Publication: Builder, 12/20/2011
Freedonia Study: World Siding (2834)

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America's demand for siding will rise 8.2% per year from 2010 to reach 906 million square meters in 2015, but the residential part of the business still will trail what demand was as far back as 2000, The Freedonia Group forecast today. Masonry and concrete--including brick, tile, and fiber cement--all will gain market share in coming years, while vinyl and wood will see slight declines, the Cleveland-based economic forecasting shop predicted.
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