CLEVELAND, Jan. 20, 2020 /PRNewswire/ -- The prospects for various materials used to make windows and exterior doors are highly related to their respective performance characteristics, particularly their ability to contribute to a building envelope's overall durability, energy efficiency, and safety. These and other trends are included in Building Envelope in North America, a study from The Freedonia Group.
Metal products account for the largest share of North American window and door demand (49% in 2018), supported by continuing consumer preference for metal doors, which offer high levels of physical security, have long lifespans, and have low maintenance requirements. However, metal products are expected to lose market share to vinyl and fiberglass types going forward.
Vinyl and fiberglass windows and doors are projected to see the fastest rate of growth going forward, particularly for such products as vinyl windows and patio doors due to these products':
- relatively low costs
- favorable energy efficiency
- improvements such as enhanced aesthetics or reinforced frames for superior strength
Consumers are increasingly opting for fiberglass windows due to their wood-like appearance, ability to be painted, resistance to damage caused by exposure to the elements, and long product lifespans.
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About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.
SOURCE The Freedonia Group