Fiber cement to Iead siding comeback

f T Sj DTTMAND r.on siding is fitrccast |lJto grou' 8.-17 annuulll' throueh

2f lt6 rJgfi..; rnillion sqLrilre s. valuccl at S 10.2 billion. acct)rditrs to u ne\\' studv bv Frccdonia Group.

Grou'th r,i ill be sltun'e rl by an increase in housing conrpletions l'rorn thcir cleprcssccl 20 ll basc. Although hoLrsing cornltlctions n ill lcrnain bclou thc levels rcachctl at their c1'clical pcak in 2(X)6. tlre rccoverv will spark above-averagc gains in the residcntial sicl in-c ntat'kct throLrgh 2016.

The expcctetl lebound in hotrsins cornplctions through 20 l 6 u ill lecstablish thc ncn' housinq rlarket as 1hc largest cncl use fur sicling. Dcrnand for siding in resiclcntial improvcnrent and rcpair applicalions will risc at a rnoclerate l)ace through 20 16. Those honrcowncls that put ofl' inrpror cnrent prt-r.jcctssuch as thc rcpliicement o1'rvrtrn out or out, ol'fashion sicling- n ilI unclcrlake thenr in thc lirturc, boostinq dcmand.

Nonrcsidcntial clemancl l'or sicling is also forccast to gro\\'r'apidll' through 20 l6. albeit not at thc lcvcl of thc resiclential rnarket. Gains will be driven by advancir.rs nonrcsidcntial bu ilclirrg constnrct ior.r crpencliturcs.

Thc off ice and conrniercial ancl Iocl-ein.rr scsntents, which cxpericncecl the rnost rapid clcrnancl clcclines between 2006 ancl 20 I l. *'ill cxhibit the strongest gro\\'th .noin-r litrwarcl as more officc buildings and rctail sites are erectcd. Manv of thcsc structules will be built with such nratcrials as fibcr ccment and stuccct that scrr.e as Iou,-cost alternatir,'es to blick. wood. and stone.

Among Inatcrial tyl)es. stucco. brick and fiber ccntent sicling alc lbrecast to sce the rr.rost rapicl demand glins throuelr l0 16. itrct'eusing irt doLrblc-digit paces. Thc lebounding rcsidcrttial nrarkcts itr thc South ancl West rcsions of thc U.S.- uhcre thcsc rnatcrials rrrc nrost ol'tcn itrstallcrlarc pr.o.iectccl to exltclicncc thc stlongcst growth in ltopulatiotr lnd housine aclivity through 20I 6.

Brick ancl fibcr ccnre nt scc u idc ttrt' irt lhr' Sotrtlt. rr ltilt' :tuei o is nltr:l con'ulonly usecl in thc West region. Thus. as nror-e hontes urc built ancl rcnroclelecl to nrect the ncecls o1'thc r-cgions' inclcasin-t 1'ropulation. clcnrand firr thosc sicling nratcrials u ill also advitncc.

Fibcr ccnrcnt siding r.r'ill conlinue to takc nrarket sliare fhrnt othcl ntaterials. such as vinvl ancl u,oocl Denrancl lirr fibcr cernent siclinc \\ ill bc spurrecl bf its abilitl to bc ltro- tluccd into sirlirrg that rcscnrblcs nrore costlv nratclills. srrclt us brick or stonc. Fibcr ccntcnt sitling dernund r,' ill lLlso bc sul)por-tc(l bv corrtirruing corlsilnlcr lrccel)tunce ol' lhc rtratclill lrcr'lrtrre o1- j1' pq'r'lblntilILe l)ti)|L.t'l ie\. such us resistancc to degraclatiolr ciiuscd b1 inscct attack arrrl ntoistlu'c.

Vinvl sicling uccountccl lor'thc Iargcsl sharc of sicling clerrancl irr l0 I I and u ill continuc to lcld {hc ntarkct in 20 16. as such innovalions as insulltcd vinvl sicling and proclucts that better r-escnrblc natufal nrateri als-such as wood ancl stone -will p|onl()le rlcrttirrttl. Ho\\e\ct'. crrrttPelition llonr liber ccnrent and str.rccc'i sicling *ill check grouth. Fibcl ccntent and stucco sicling alc saitl tcl offcr' encl users bcttcr long-tcrrr.r clurability' atrd |cc1uirc lcss nraintenancc.