Since 1994, vinyl siding has topped the cladding list, solidifying its status as the preferred type of siding among homeowners. Why was it able to top the list for 25 years? The home improvement contractors at Exterior Source list the reasons below.
How Big Is Vinyl Siding’s Share of the Siding Market?
Prinicipia Consulting LLC, a leading research and consulting firm in the construction industry, estimates vinyl siding to account for 28% of the national volume of siding produced in 2018 or 18 million squares of the siding market’s 63 million squares, with each square being equivalent to 100 square feet.
A Closer Look at the Demand for Vinyl Siding
More than 75% of the demand for vinyl siding comes from the replacement market, making it the single biggest source of demand in the country. However, there’s also healthy demand coming from the new construction market.
Why Vinyl Siding?
Vinyl siding has several qualities that make it more appealing than other types of siding, like its:
Durability – Vinyl can resist moisture and UV rays, not to mention withstand winds that can reach speeds of up to 210 mph.
High Curb Appeal – Vinyl siding comes in a wide variety of vibrant colors and profiles.
Low Maintenance – Unlike other types of siding, vinyl doesn’t need a lot of maintenance just to maintain its visual appeal.
Cost-Effectiveness – Siding replacement and home improvement projects can be a significant investment, which is why homeowners would want a type of siding that can give them value for their money. Vinyl siding is cheaper than other types of siding on the market, but can still provide benefits usually only available to premium-priced siding.
Keep in mind that a one-size-fits-all approach won’t work in home improvement projects. Despite its versatility, vinyl might not be the best option for your home. To find out which type of siding is the right one for your home, you can consult one of our highly trained contractors.
Exterior Source, a CertainTeed® 5-Star Contractor for vinyl siding and trim with more than 25 years’ worth of experience, offers a wide variety of premium siding products, including fiber cement siding, from reputable manufacturers. To get a quote, call us at (804) 275-5323 or (757) 464-2060, or leave us a message here.