China Siding Market Research Report By Material (Vinyl, Fiber Cement, Wood, Metal, Others) and By Application (Residential, Commercial, Industrial) - Forecast to 2035

China Siding Market Overview

As per MRFR analysis, the China Siding Market Size was estimated at 13.55 (USD Billion) in 2023. The China Siding Market Industry is expected to grow from 14.25(USD Billion) in 2024 to 28.65 (USD Billion) by 2035. The China Siding Market CAGR (growth rate) is expected to be around 6.555% during the forecast period (2025 - 2035)

Key China Siding Market Trends Highlighted

The China Siding Market is currently witnessing significant trends shaped by evolving consumer preferences and government regulations. An increasing demand for sustainable building materials has emerged, driven by rising environmental concerns among consumers and stringent regulations implemented by the Chinese government aimed at reducing emissions and promoting green construction practices. As urbanization continues to expand, more buildings are being constructed, which consequently prompts a higher requirement for durable siding materials that can withstand varied climatic conditions.

In recent times, there has been a noticeable shift towards the use of innovative materials, such as fiber cement and vinyl siding, which offer better performance and aesthetic appeal.The trend of utilizing advanced technology, including prefabrication techniques, is also gaining momentum in construction processes, leading to a more efficient assembly of siding products. Moreover, consumers are increasingly looking for customization options, enhancing the demand for varied designs and finishes in siding materials. 

Opportunities for growth exist in the adoption of digital solutions and e-commerce platforms that facilitate easier access to siding products, catering to a tech-savvy consumer base. As the Chinese government continues to prioritize infrastructure development, investments in residential and commercial construction will further fuel the siding market.Additionally, the growing trend of renovations and refurbishments in urban areas presents a unique market opportunity for siding manufacturers. Overall, the China Siding Market is set to expand with a focus on sustainability, innovation, and consumer-centric solutions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

China Siding Market Drivers

Increasing Urbanization in China

Rapid urbanization in China has been a major driver of the China Siding Market Industry. According to China's National Bureau of Statistics, around 63.89% of the country's population resided in cities in 2021, with that percentage expected to rise to around 75% by 2035. This growth in urban population raises the demand for residential and commercial structures, resulting in a greater need for siding materials. 

The Ministry of Housing and Urban-Rural Development has highlighted many steps to encourage efficient construction, including the use of modern siding materials to improve building aesthetics and energy efficiency, which will increase market demand.

Government Policies Favoring Sustainable Construction

In recent years, the Chinese government has been pushing towards sustainable construction practices to combat environmental issues. The Green Building Action Plan, initiated by the Ministry of Housing and Urban-Rural Development, emphasizes the use of energy-efficient materials in building projects. This has resulted in a notable increase in the use of eco-friendly siding materials, which aligns with global sustainability goals. 

Reports from the China Green Building Council reveal that nearly 40% of new buildings are expected to meet green building standards by 2025, showcasing a significant shift in construction practices and directly benefiting the China Siding Market Industry.

Technological Advancements in Siding Materials

The China Siding Market Industry is witnessing a surge in demand due to various technological advancements yielding high-performance siding materials. Recent innovations, such as the integration of smart technology that offers climate-resilient materials, are being increasingly adopted in construction. A report from the Ministry of Science and Technology highlights that up to 25% of new siding material innovations focus on energy efficiency and durability.

This trend is extensively supported by major companies like China National Building Material Group Corporation, which has invested heavily in Research and Development for improved siding technologies, contributing to market growth.

China Siding Market Segment Insights

Siding Market Material Insights

The China Siding Market, specifically within the Material segment, showcases a diverse range of options catering to various consumer preferences and construction needs. Vinyl siding stands out as a highly popular choice due to its durability and low maintenance requirements, appealing to homeowners looking for cost-effective solutions. Fiber cement siding represents another significant material, prized for its resilience and ability to mimic the appearance of natural materials while offering superior resistance to fire, pests, and moisture. The wooden siding segment, although traditional, continues to hold its ground due to its aesthetic appeal and natural insulation properties, making it a preferred choice for certain architectural styles.

Metal siding, often chosen for its modern appeal and longevity, is gaining traction among builders and developers who prioritize sustainability and energy efficiency. The 'Others' category encompasses emerging materials and technologies, such as engineered wood and composite materials, which are increasingly being adopted for their environmental benefits and innovative designs. Overall, the segmentation within the China Siding Market reflects a response to evolving consumer preferences, regulatory standards for building materials, and a growing emphasis on sustainability in construction practices, showcasing the dynamic nature of this industry in China.

Moreover, as urbanization continues to rise in the country, the demand for high-quality siding materials that meet both aesthetic and functional requirements gains significance, potentially driving growth across all these material options in the coming years. This multifaceted perspective allows stakeholders to understand the shifting trends and align their strategies accordingly within this evolving market landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Siding Market Application Insights

The China Siding Market exhibits a significant orientation towards its Application segment, which comprises the Residential, Commercial, and Industrial sectors. In this market, the Residential sector is characterized by a growing trend in home improvement and construction, driven by rising disposable incomes and a booming real estate market. The Commercial segment captures opportunities arising from the expanding retail sector and increasing infrastructure projects across major cities, which underscores the importance of aesthetics and durability in architectural designs.Meanwhile, the Industrial sector plays a crucial role given China's focus on manufacturing and industrial growth, requiring robust siding solutions for factories and warehouses. 

Each of these applications not only contributes to the market's diversity but also stimulates demand through innovations in materials and design, reflecting evolving consumer preferences for energy efficiency and sustainability. As urbanization accelerates, these segments will be integral to supporting China's construction and real estate landscape, further aided by government initiatives promoting modernized building standards and eco-friendly practices.Overall, the segmentation of the China Siding Market highlights the varied opportunities and growing relevance of siding solutions across different domains of the built environment.

China Siding Market Key Players and Competitive Insights

The competitive landscape of the China Siding Market is characterized by a dynamic environment where numerous companies strive to establish themselves as leaders in producing and supplying high-quality siding materials. This market has been witnessing significant growth fueled by the increasing demand for residential and commercial construction, as well as the rising emphasis on aesthetics and durability in building materials. Various players are exploring innovative solutions and technologies to differentiate their offerings, thereby intensifying competition. 

Companies across this market are continuously investing in research and development to enhance product performance, sustainability, and appeal to meet the diverse needs of consumers, making it essential to analyze their strengths, market presence, and strategic approaches to gain an advantage.Lixil Corporation has carved out a strong presence in the China Siding Market, leveraging its established reputation for quality and innovation. The company is recognized for its extensive portfolio of building materials, including advanced siding solutions that cater specifically to the needs of Chinese consumers. Lixil Corporation's strengths lie in its commitment to sustainability and energy efficiency, aligning with increasing consumer preferences for eco-friendly products. 

The company has aggressively pursued strategic partnerships and collaborative ventures within China to enhance its market reach and distribution capabilities, reinforcing its competitive edge. Through continuous product development and a focus on customer satisfaction, Lixil Corporation remains poised to adapt to market changes while reinforcing its leadership position in the siding sector.Xiamen Jinlu Group stands out in the China Siding Market as a prominent player known for its diverse range of siding products, including vinyl, wood, and fiber cement options designed specifically for various construction applications. The company has a substantial market presence supported by a strong distribution network across major regions in China. 

Xiamen Jinlu Group's strengths include its commitment to high manufacturing standards and cutting-edge technology, which enhances the durability and aesthetic appeal of its products. The company has actively engaged in mergers and acquisitions to expand its production capabilities and diversify its product offerings, positioning itself strategically in different segments of the siding market. Through its focus on innovation and quality control, Xiamen Jinlu Group continues to strengthen its brand reputation and customer loyalty in the competitive landscape of the China Siding Market.

Key Companies in the China Siding Market Include

• Lixil Corporation
• Xiamen Jinlu Group
• Jiangsu Pufeng Metal Products
• SaintGobain
• Zhejiang Honest Building Material
• China National Chemical Corporation
• Anhui Jialian Building Materials
• Toray Industries
• Mitsubishi Materials
• Tianjin Yuantong Siding Co
• Fujian Hualong Group
• Foshan Shunde Junde Siding Co
• Huajin Siding Technology
• China National Building Material Group

China Siding Market Industry Developments

The China Siding Market has seen significant activity in recent months. In September 2023, Lixil Corporation announced its expansion plans within China, targeting increased market penetration through innovative product offerings. Meanwhile, Jiangsu Pufeng Metal Products has been focusing on elevating production capabilities in response to rising demand.

The market experienced a notable surge in valuation, with companies like SaintGobain and Zhejiang Honest Building Material reporting an uptick in sales due to heightened construction activities spurred by government stimulus measures. Furthermore, a merger involving Fujian Hualong Group and Anhui Jialian Building Materials was publicly announced in August 2023, which aims to consolidate resources and enhance competitive strength in the sector, a move welcomed by industry analysts. 

The ongoing trends indicate a robust recovery for the siding sector, aligned with China's broader economic revitalization initiatives. The impact of the recent strategic moves reinforces the significance of collaborative growth among major players like Toray Industries and Mitsubishi Materials, all working towards sustainability and innovation within the building materials landscape. The overall market dynamics reflect a blend of technological advancements and expansion strategies that shape the current landscape.

China Siding Market Segmentation Insights

Siding Market Material Outlook

• Vinyl
• Fiber Cement
• Wood
• Metal
• Others

Siding Market Application Outlook

• Residential
• Commercial
• Industrial

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	13.55(USD Billion)
MARKET SIZE 2024	14.25(USD Billion)
MARKET SIZE 2035	28.65(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	6.555% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Lixil Corporation, Xiamen Jinlu Group, Jiangsu Pufeng Metal Products, SaintGobain, Zhejiang Honest Building Material, China National Chemical Corporation, Anhui Jialian Building Materials, Toray Industries, Mitsubishi Materials, Tianjin Yuantong Siding Co, Fujian Hualong Group, Foshan Shunde Junde Siding Co, Huajin Siding Technology, China National Building Material Group
SEGMENTS COVERED	Material, Application
KEY MARKET OPPORTUNITIES	Green building materials demand, Urbanization driving construction growth, Rising home renovation trends, Increased focus on energy efficiency, Smart siding technology integration
KEY MARKET DYNAMICS	growing construction activities, increasing urbanization, rising demand for sustainable materials, government infrastructure investments, competitive pricing strategies
COUNTRIES COVERED	China