发布时间：2008.7
摘要
Demand for siding materials in the US will exceed 115 million squares in 2012. Gains will derive largely from a recovery in residential construction, particularly in single-family housing. Demand in the key vinyl siding segment will be moderated by competition from fiber cement siding. Stucco and related materials will also outpace vinyl.
This study analyzes the $10.4 billion US siding industry. It presents historical demand data (1997, 2002, 2007) and forecasts for 2012 and 2017 by material (e.g., vinyl, stucco, wood, brick, fiber cement, metal panels), market (residential, nonresidential), application (new construction, improvement and repair) and US geographic region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including James Hardie Industries, Ply Gem and CertainTeed.
目录及图表
TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Overview 5
Demographic Trends 10
Consumer Spending Overview 13
Building Construction Outlook 15
Residential Building Construction 17
Housing Outlook 20
Housing Stock 23
Improvements & Repairs 27
Nonresidential Building Construction 29
Office & Commercial Construction 31
Institutional Construction 32
Industrial Construction 32
Transportation & Other Building Construction 33
Nonresidential Improvements & Repairs 33
Regulatory & Environmental Trends 35
Building Code Regulations 35
Environmental Issues 36
Green Building Standards 37
Recycling 38
Legal Issues 39
Other Regulatory Issues 40
Pricing 40
Materials & Technology Trends 45
Historical Trends 46
Foreign Trade 49
International Activity 51
III. MATERIALS 54
General 54
Volume Outlook 57
Value Outlook 59
Installed Costs 62
Vinyl Siding 65
Characteristics 69
Markets 71
Products 73
Stucco & Related Materials 75
Stucco 77
EIFS 82
Stone, Concrete & Other 84
Markets 87
Wood Siding 89
Markets 91
Products 93
Plywood 96
Hardboard 99
Other Engineered Wood 103
Lumber & Wood Shingles 106
Brick Siding 111
Markets 112
Products 116
Suppliers 117
Fiber Cement 118
Markets 119
Products 121
Suppliers 123
Metal Panels 124
Markets 124
Products & Suppliers 125
Other Siding 128
Polypropylene Siding 130
Aluminum Siding 131
Steel Siding 133
All Other Siding 135
IV. MARKETS 137
General 137
Residential Markets 140
New Housing 144
Single-Family 149
Multifamily 153
Manufactured Housing 156
Improvement & Repair 160
Vinyl 164
Other Materials 164
Nonresidential Markets 166
New Nonresidential 170
Improvement & Repair 173
Demand by Building Type 174
Commercial 175
Institutional 177
Industrial 179
Office 181
Other 182
V. REGIONS 184
General 184
Regional Economic Outlook 186
Regional Population Outlook 188
Regional Construction Trends 189
Regional Housing Trends 191
Regional Siding Demand 194
Northeast 197
New England 199
Middle Atlantic 200
Midwest 201
East North Central 204
West North Central 204
South 206
South Atlantic 209
East South Central 211
West South Central 212
West 213
Mountain 216
Pacific 217
VI. INDUSTRY STRUCTURE 220
General 220
Industry Composition 221
Market Share 224
James Hardie 225
Ply Gem 226
CertainTeed 226
Louisiana-Pacific 226
Boral 227
Wienerberger 227
Associated Materials 227
Other Leaders 227
Market Share by Material 228
Vinyl Siding 228
Stucco & Related Siding 229
Wood Siding 229
Brick Siding 230
Fiber Cement Siding 230
Metal Panels Siding 230
Manufacturing 231
Competitive Strategies 232
Marketing 235
Distribution 238
Mergers & Acquisitions 240
Company Profiles 243
Acme Building Brands, see Berkshire Hathaway
Alcan Incorporated, see Rio Tinto
Alcoa Home Exteriors Incorporated, see Ply Gem
Alcoa Incorporated 244
Allied Building Products Corporation, see CRH
Alside Incorporated, see Associated Materials
American Building Components, see NCI Building Systems
American Buildings Company, see Nucor
Arriscraft International LP, see Wienerberger
Associated Materials Incorporated 246
Berkshire Hathaway Incorporated 249
Boise Cascade Holdings LLC 250
Boral Limited 251
CBC Steel Buildings, see Nucor
Ceco Building Systems, see NCI Building Systems
Cedar Valley Shingle Systems Incorporated 253
Clarke Group 254
Coronado Stone Products Company 256
Crane Plastics Holding Company 258
CRH plc 261
Cultured Stone Corporation, see Owens Corning
Dryvit Systems Incorporated, see RPM International
Gentek Building Products Incorporated, see Associated
Materials
Georgia-Pacific Corporation, see Koch Industries
Glen-Gery Corporation, see CRH
Georgia Gulf Corporation 264
Gulf States Manufacturers, see Nucor
Hanson plc, see HeidelbergCement
Hardie (James) Industries NV 266
Heartland Building Products Incorporated 268
HeidelbergCement AG 270
Insulated Panel Systems, see NCI Building Systems
International Paper Company 272
Kaycan Limited 273
Kirby Building Systems, see Nucor
Koch Industries Incorporated 274
Louisiana-Pacific Corporation 276
Metal Building Components LP, see NCI Building Systems
Mitten Incorporated 278
Modern Concrete LLC, see Wienerberger
Nailite International Incorporated 279
Napco Incorporated, see Ply Gem
NCI Building Systems Incorporated 281
Nichiha Corporation 283
Nucor Corporation 285
Ochs Brick Company, see Berkshire Hathaway
Owens Corning 287
Ply Gem Holdings Incorporated 288
Resolite, see Verzatec
Rio Tinto Group 292
Rollex Corporation 293
RPM International Incorporated 295
Saint-Gobain 297
Shakertown 1992 Incorporated, see Clarke
Star Building Systems, see NCI Building Systems
Sto AG 301
Temple-Inland Incorporated 303
Ternium SA 304
Variform Incorporated, see Ply Gem
Verzatec SA de CV 305
Vytec, see Saint-Gobain
Weyerhaeuser Company 306
Wienerberger Baustoffindustrie AG 307
Other Companies Mentioned in Study 309
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 9
2 Population & Households 12
3 Personal Consumption Expenditures 14
4 Building Construction Expenditures 17
5 Residential Building Construction Expenditures 19
6 Private Housing Completions 23
7 Housing Stock by Type 26
8 Residential Improvement & Repair Expenditures 28
9 Nonresidential Building Construction Expenditures 31
10 Nonresidential Building Improvement & Repair Expenditures 34
11 Siding Pricing Trends 44
12 Siding Market, 1997-2007 48
SECTION III -- MATERIALS
1 Siding Demand by Material in Volume Terms 59
2 Siding Demand by Material in Value Terms 62
3 Vinyl Siding Demand 69
4 Stucco & Related Siding Demand 77
5 Stucco Siding Demand 80
6 EIFS Siding Demand 84
7 Stone, Concrete & Other Nonmetallic Mineral Siding Demand 87
8 Stucco & Related Siding Demand by Market 88
9 Wood Siding Demand by Market 93
10 Wood Siding Demand by Type 96
11 Plywood Siding Demand 99
12 Hardboard Siding Demand 102
13 Other Engineered Wood Siding Demand 106
14 Lumber & Wood Shingle Siding Demand 109
15 Brick Siding Markets 115
16 Fiber Cement Siding Markets 119
17 Metal Panel Siding Demand 125
18 Other Siding Demand by Market & Material 129
SECTION IV -- MARKETS
1 Siding Demand by Market 139
2 Residential Markets for Siding 144
3 New Residential Market for Siding 149
4 New Single-Family Market for Siding 153
5 New Multifamily Market for Siding 156
6 New Manufactured Housing Market for Siding 159
7 Residential Improvement & Repair Market for Siding 163
8 Nonresidential Market for Siding 169
9 New Nonresidential Market for Siding 172
10 Nonresidential Improvement & Repair Market for Siding 174
11 Nonresidential Siding Demand by Building Type 175
12 Commercial Siding Market 177
13 Institutional Siding Market 179
14 Industrial Siding Market 180
15 Office Siding Market 182
16 Other Nonresidential Siding Markets 183
SECTION V -- REGIONS
1 Gross Domestic Product by Region 187
2 Population by Region 189
3 Construction Expenditures by Region 191
4 Regional Home Sales & Housing Indicators 193
5 Siding Demand by Region 196
6 Northeast Siding Demand by Subregion & Market 199
7 Midwest Siding Demand by Subregion & Market 203
8 South Siding Demand by Subregion & Market 208
9 West Siding Demand by Subregion & Market 216
SECTION VI -- INDUSTRY STRUCTURE
1 Siding Sales by Company, 2007 223
2 Selected Acquisitions & Divestitures 241
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 Year of Construction of Housing Stock, 2007 27
2 Siding Market, 1997-2007 48
SECTION III -- MATERIALS
1 Siding Demand by Material, 2007: Volume Versus Value 56
2 Range of Installed Costs for Selected Siding Materials, 2007 65
SECTION IV -- MARKETS
1 Siding Demand by Market, 2007 140
2 Nonresidential Siding Demand by Material, 2007 170
SECTION V -- REGIONS
1 Siding Demand by Region, 2007 197
SECTION VI -- INDUSTRY STRUCTURE
1 Siding Market Share by Company, 2007 225