Table of Content

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TABLE OF CONTENTS

Section 1	U.S. SIDING INDUSTRY TRENDS.............................................	1
	Executive Summary................................................................... Siding Product Shipments........................................................... Growing End-Use Markets.......................................................... Changing Siding Material Shipment Mix....................................... Regional Influences And Home Prices.......................................... Competitive Environment.............................................................. Outlook......................................................................................	1 2 2 3 4 5 6
	Scope And Methodology....................................................	8
Table 1-1	Value Of U.S. Siding Product Shipments And Share Of Total U.S. Construction Materials And Supplies Shipments, 1987-2007 (dollars and percent)................................................................................	12
Table 1-2	Value Of U.S. Siding Product Shipments By Product Sector And Type, 1987-2007 (dollars): Wood; Metal; Vinyl; Brick, Concrete, And Stone; And Fiber Content...................................................	13
Figure 1-1	Value Of U.S. Siding Product Shipments By Material Sector, 2002 (dollars)....................................................................................	15
Table 1-3	Percent Total U.S. Siding Product Shipments By Major Product Sector, 1987-2007 (percent): Wood; Metal; Vinyl; Brick, Concrete, And Stone; And Fiber Cement...................................................	16
Table 1-4	Comparative U.S. Shipment Growth Analysis By Siding Product Sector And Type 1987-2007 (percent): Wood; Metal; Vinyl; Brick, Concrete, And Stone; And Fiber Content..................................................	17
Table 1-5	Comparative Growth Analysis For U.S. Producer Prices For Select Siding Products, 1992-2002 (percent): Shingles And Shakes, Steel And Aluminum Siding, Metal Accessories, Metal Panels, Plastics Siding And Accessories, Bricks, Precast Concrete Wall Panels, And Concrete Block..................................................................	19
Table 1-6	Value Of U.S. Siding Product Spending By Major End-Use Market, 1992-2007 (dollars): New Residential Construction, Manufactured Housing, Residential Remodeling And Repair, And Nonresidential Construction..............................................................................	20
Figure 1-2	Percent Total U.S. Siding Product Spending By Major End-Use Market, 2002 And 2007............................................................................	21
Table 1-7	Share Of U.S Siding Product Shipments For Twelve Leading Manufacturers, 2001 (percent)........................................................	22
Table 1-8	Top Three Residential Product Competitors By Market Sector, 2002 (sector and company names): Solid Wood Siding, Shingle/Shake Panels, Engineered Wood Siding, Aluminum Siding, Vinyl Siding, Brick, Fiber Cement, And Exterior Insulated Finishing Systems........	23

Section 2	U.S. WOOD SIDING PRODUCT MARKETS ................................	24
	Summary Of Major Findings......................................................... Wood Siding Shipments............................................................... Solid Wood Siding Shipments And Imports.................................... Wood Shingle And Shake Shipments And Imports.......................... Hardboard Siding Shipments......................................................... Softwood Plywood Siding Shipments............................................. Other Engineered Wood Siding Shipments..................................... Leading Competitors.................................................................... Brand Shares.............................................................................. Outlook......................................................................................	24 24 25 26 26 27 28 28 29 29
Table 2-1	Value Of U.S. Wood Siding Product Shipments By Type, 1987-2007 (dollars): Solid Wood Siding, Wood Shingles And Shakes, Hardboard Siding, Softwood Plywood Siding, And Other Engineered Wood Siding........................................................................................	30
Table 2-2	Value Of U.S. Solid Wood Siding And Wood Shingle And Shake Market Sales, 1992-2002 (dollars): Shipments, Exports, Imports, And Market Sales.......................................................................	31
Table 2-3	Value Of U.S. Solid Wood Siding And Wood Shingle And Shake Shipments, 1977-2007 (dollars)....................................................	32
Table 2-4	Number Of U.S. Solid Wood Siding And Wood Shingle And Shake Manufacturers And Shipments Per Manufacturer, 1977-2002 (number and dollars)................................................................................	33
Table 2-5	U.S. Solid Wood Siding Imports, 1990-2002 (square yards and dollars)......................................................................................	34
Table 2-6	U.S. Solid Wood Siding Imports By Type, 1992-2002 (square yards and dollars): Western Red Cedar And Other Coniferous Materials, Resawn Bevel And Other Coniferous Types, And All Types Of Nonconiferous Wood Siding.........................................................	35
Table 2-7	U.S. Wood Shingle And Shake Imports, 1990-2002 (pounds and dollars)......................................................................................	37
Table 2-8	U.S. Wood Shingle And Shake Imports By Type, 1992-2002 (pounds and dollars): Western Red Cedar Shingles, Other Wood Shingles, And Wood Shakes.....................................................................	38
Table 2-9	U.S. Solid Wood Siding Exports And By Major Country Of Destination, 1992-2002 (square yards and dollars)..........................................	39
Table 2-10	U.S. Wood Shingle And Shake Exports And By Major Country Of Destination, 1992-2002 (squares and dollars)...............................	40
Table 2-11	U.S. Producer Price Trends For Red Cedar Shingles And Shakes, 1987-2002 (index)......................................................................	41
Table 2-12	Monthly U.S. Producer Price Trends For Softwood Lumber For Flooring, Siding, And Cut Stock, 2000-2002 (index)......................	42
Table 2-13	U.S. Shipments Of Softwood Plywood Siding And Other Engineered Wood Siding Products By Type, 1987-2002 (square feet and dollars): Hardboard Siding, Particleboard Siding, Cellulosic Fiberboard Siding, And Softwood Plywood Siding....................................................	43
Table 2-14	Number Of U.S. Softwood Plywood Siding And Other Engineered Wood Siding Product Manufacturers And Shipments Per Manufacturer, 1987-2002 (number and dollars): Hardboard Siding, Particleboard Siding, And Cellulosic Fiberboard Siding.....................................	44
Table 2-15	Top Nine Wood Siding Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)...................................................................................	45
Table 2-16	Georgia-Pacific Brand Of Wood Siding Used By New U.S. Home Building And Remodeling By Region, Cost Of Home, Units Built Or Remodeled, And Home Type, 2002 (percent)................................	46
Table 2-17	Top Eight Hardboard/Engineered Wood Siding Brands Used By New U.S. Luxury Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)............................................	47
Table 2-18	Top Two Hardboard/Engineered Wood Siding Brands Used By New U.S. Luxury Home Builders And Remodelers By Region, Cost Of Home, Units Built Or Remodeled, And Home Type, 2002 (percent)....................................................................................	48
Table 2-19	Sales And Profit Trends For Louisiana-Pacific Corp.'s Exterior Products Group, 1997-2002 (dollars, percent, and square feet).......................	49
Table 2-20	Louisiana-Pacific's Exterior Products Production Capacity By Product And Plant Location, 2001 (square feet and squares): Oriented Strand Board Siding And Specialty Plants, Hardboard Siding And Specialty Plant, And Vinyl Siding Plants.....................................................	50

Section 3	U.S. VINYL AND METAL SIDING PRODUCT MARKETS..........	51
	Summary Of Major Findings..................................................... Vinyl Siding Shipments........................................................... Vinyl Siding Market Competitive Environment............................ Vinyl Siding Brand Shares....................................................... Aluminum Siding Shipments.................................................... Steel Siding And Metal Panels................................................. Aluminum Siding Brand Shares................................................. Outlook...................................................................................	51 51 53 54 55 56 56 57
Table 3-1.	Value Of U.S. Metal Siding Product Shipments By Type, 1987-2007 (dollars): Sheet Metal Siding And Accessories, And Metal Panels.....	58
Table 3-2	Value Of U.S. Sheet Metal Siding Shipments And By Material, 1977-2002 (dollars): Steel, Aluminum, And Other............................	59
Table 3-3	Value Of U.S. Residential And Nonresidential Aluminum Siding Shipments, 1977-2002 (dollars).....................................................	60
Table 3-4	U.S. Producer Price Trends For Sheet Metal Siding And Flooring Products, 1987-2002 (index): Total Products, Steel Siding, And Residential Aluminum Siding.........................................................	61
Table 3-5	Monthly U.S. Producer Price Trends For Steel Mill Products, 2000-2002 (index).........................................................................	62
Table 3-6	Monthly U.S. Producer Price Trends For Aluminum Mill Shapes, 1998-2002 (index).........................................................................	63
Table 3-7	Number Of U.S. Sheet Metal Siding Manufacturers By Material And Average Shipments Per Company, 1977-2002 (number and dollars): Steel, Aluminum, And Other.........................................................	64
Table 3-8	Number, Revenues, And Operating Ratios Of U.S. Sheet Metal Siding And Flooring Plants, 1977-2002 (number, dollars, and percent): Shipments Per Plant, Payroll And Material Costs Percent Total Shipments, Employees And Shipments Per Employee, Production Worker Average Hourly Wages, And Average Weekly Hours.............	65
Table 3-9	Value Of U.S. Metal Soffits, Fascia, And Shutter Shipments And Number Of Manufacturers, 1977-2002 (number and dollars)...........	66

Table 3-10	U.S. Producer Price Trends For Metal Soffits, Fascia, And Shutters, 1988-2002 (index)........................................................................	67
Table 3-11	U.S. Exports Of Aluminum Sheet-Metal Roofing, Siding, Flooring, And Roof Guttering And Drainage Equipment For The Top Eleven Countries Of Destination, 1997-2002 (pounds and dollars)...............................	68
Table 3-12	U.S. Exports Of Steel Sheet-Metal Roofing, Siding, Flooring, And Roof Guttering And Drainage Equipment For The Top Fifteen Countries Of Destination, 1997-2002 (pounds and dollars)...................................	70
Table 3-13	U.S. Imports Of Aluminum And Steel Sheet Metal Roofing, Siding, Flooring, And Roof Drainage Equipment, 1992-2002 (pounds and dollars)........................................................................................	72
Table 3-14	Value Of U.S. Metal Panel Shipments And Number Of Manufacturers, 1977-2002 (number and dollars).....................................................	73
Table 3-15	U.S. Producer Price Trends For Metal Panels, 1987-2002 (index).....	74
Table 3-16	Value Of U.S. Vinyl Siding And Accessories Shipments, 1987-2007 (dollars).......................................................................................	75
Table 3-17	Number Of U.S. Vinyl Siding And Accessories Manufacturers And Shipments Per Manufacturer, 1987-2002 (number and dollars).........	76
Table 3-18	U.S. Producer Price Trends For Vinyl Siding And Accessories, 1994-2002 (index)........................................................................	77
Table 3-19	Monthly U.S. Producer Price Trends For Vinyl and Vinylidene Resins, 2000-2002 (index)........................................................................	78
Table 3-20	Top Ten Aluminum Siding Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)............................................................................	79
Table 3-21	Top Six Aluminum Siding Brands Used By New U.S. Home Builders By Region, Cost Of Home, Units Built, And Home Type, 2002 (percent)............................................................................	80
Table 3-22	Top Six Aluminum Siding Brands Used By Remodeling Contractors By Region, Cost Of Home, Units Remodeled, And Home Type, 2002 (percent)...................................................................................	81
Table 3-23	Top Twenty-Two Vinyl Siding Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)...........................................................................	82
Table 3-24	Top Six Vinyl Siding Brands Used By New U.S. Home Builders By Region, Cost Of Home, Units Built, And Home Type, 2002 (percent)....................................................................................	83
Table 3-25	Top Five Vinyl Siding Brands Used By Remodeling Contractors By Region, Cost Of Home, Units Remodeled, And Home Type, 2002 (percent)....................................................................................	84
Table 3-26	Top Twenty-One Shingle/Shake Panel Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)................................................................	85
Table 3-27	Top Three Shingle/Shake Panel Brands Used By New U.S. Home Builders And Remodelers By Region, Cost Of Home, Units Built Or Remodeled, And Home Type, 2002 (percent)................................	86
Table 3-28	Sales And Profit Trends For Two U.S.-Based Vinyl And Metal Siding Product Manufacturers, 1997-2002 (dollars and percent)..................	87

Section 4	U.S. BRICK, CONCRETE, AND STONE SIDING PRODUCT MARKET..	88
	Summary Of Major Findings...................................................... Brick Shipments....................................................................... Brick Plant Consolidation And Profit Margins............................... Leading Brick Manufacturers...................................................... Brick Brand Shares................................................................... Precast Concrete Wall Panel Shipments..................................... Decorative Concrete Block Shipments......................................... Stone Products......................................................................... Outlook.....................................................................................	88 88 89 90 90 91 91 92 92
Table 4-1	Value Of U.S. Brick, Concrete Panels And Decorative Brick, And Building Stone Shipments, 1987-2007 (dollars).............................	93
Table 4-2	U.S. Brick Shipments, 1977-2002 (number and dollars)..................	94
Table 4-3	Number Of U.S. Brick Manufacturers And Average Shipments Per Manufacturer, 1977-2002 (number and dollars)..............................	95
Table 4-4	Number, Revenues, And Operating Ratios Of U.S. Brick Plants, 1977-2002 (number, dollars, and percent): Total Plants, Shipments Per Plant, Payroll And Material Costs Percent Total Shipments, Employees And Shipments Per Employee, Production Worker Average Hourly Wages, And Average Weekly Hours.......................	96
Table 4-5	U.S. Brick Shipments By Region And Select State, 1997-2001 (number).....................................................................................	97
Table 4-6	Number Of U.S. Brick And Structural Clay Tile Plants By State, 2001 (number)......................................................................................	98
Table 4-7	U.S. Brick Exports By Type, 1992-2002 (number and dollars): Solid Building Bricks And Hollow Building Bricks..................................	99
Table 4-8	U.S. Brick Imports By Type, 1992-2002 (number and dollars): Solid Building Bricks And Hollow Building Bricks...................................	100
Table 4-9	U.S. Producer Price Trends For Bricks, 1987-2002 (index)..............	101
Table 4-10	Monthly U.S. Producer Price Trends For Brick Refractories, 2000-2002 (index)......................................................................................	102
Table 4-11	Value Of U.S. Precast Concrete Wall Panel Shipments And Number Of Manufacturers, 1977-2002 (number and dollars)......................	103
Table 4-12	U.S. Producer Price Trends For Precast Concrete Wall Panels, 1987-2002 (index)....................................................................	104
Table 4-13	Value Of U.S. Decorative Concrete Block Shipments And Number Of Manufacturers, 1977-2002 (number and dollars)..........................	105
Table 4-14	U.S. Producer Price Trends For Decorative Concrete Block, 1987-2002 (index).....................................................................................	106
Table 4-15	Value Of U.S. Dressed Dimension Building Stone Shipments By Type, 1977-2002 (dollars)....................................................................	107
Table 4-16	Number Of U.S. Dressed Dimension Building Stone Manufacturers And Average Shipments Per Manufacturer, 1977-2002 (number and dollars)....................................................................................	108
Table 4-17	Monthly U.S. Producer Price Trends For Dimension Stone, 1998-2002 (index)......................................................................................	109
Table 4-18	Top Fifteen Clay Brick Brands Used By New U.S. Home Builders Over The Past Twelve Months, 2002 (percent)......................................	110
Table 4-19	Top Six Clay Brick Brands Used By New U.S. Home Builders By Region, Cost Of Home, Units Built, And Home Type, 2002 (percent)...................................................................................	111
Table 4-20	Top Five Manufactured Stone Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)....................................................................................	112
Table 4-21	Cultured Stone Brand of Manufactured Stone Used By New U.S. Home Builders And Remodelers By Region, Cost Of Home, Units Built Or Remodeled, And Home Type, 2002 (percent)..................................	113
Table 4-22	Sales And Profit Trends For General Shale Corp., 2000-2002 (dollars and percent).................................................................................	114

Section 5	U.S. MARKET TRENDS FOR FIBER CEMENT SIDING AND EIFS...	115
	Fiber Cement Shipments............................................................... Leading Fiber Cement Competitors And Brand Shares..................... EIFS Market Situation................................................................... Leading EIFS Competitors And Brand Shares.................................	115 116 117 118
Table 5-1	Value Of U.S. Fiber Cement Shipments, 1987-2007 (dollars)............	119
Table 5-2	Top Seven Fiber Cement Siding Brands Used By New U.S. Home Builders And Remodeling Contractors Over The Past Twelve Months, 2002 (percent)............................................................................	120
Table 5-3	Top Three Fiber Cement Siding Brands Used By New U.S. Home Builders And Remodelers By Region, Cost Of Home, Units Built Or Remodeled, And Home Type, 2002 (percent).................................	121
Table 5-4	James Hardie U.S. Fiber Cement And Asia Pacific Fiber Cement Sales And Profit Trends, 1998-2002 (dollars, percent, square feet).............	122
Table 5-5	James Hardie U.S. Fiber Cement Plants And Production Capacity, March 2002 (square feet)..............................................................	123
Table 5-6	Top Ten Exterior Insulated Finishing System Brands Used By New U.S. Home Builders Over The Past Twelve Months, 2002 (percent).........	124
Table 5-7	Top Five Exterior Insulated Finishing System Brands Used By New U.S. Home Builders By Region, Cost Of Home, Units, Built, And Home Type, 2002 (percent)..............................................................................	125

Section 6	NEW RESIDENTIAL CONSTRUCTION MARKET...........................	126
	Summary Of Major Findings.......................................................... New Residential Construction Siding Market................................... Siding Materials Used On New Single-Family Homes...................... Siding Material Usage By Region And Housing Price....................... Outlook........................................................................................	126 126 127 128 130
Table 6-1	Real U.S. Spending On Residential Building Construction, 1977-2002 (dollars)........................................................................................	131
Table 6-2	Real U.S. Spending On Residential Building Construction By Market Sector, 1987-2002 (dollars): Single-Family Homes, Multi-Unit Structures, Improvements, And Public Housing Developments...........	132
Table 6-3	Monthly New Private U.S. Housing Units Authorized By 19,000 Building Permit Places By Region, 2001 And 2002 (number): Total, Northeast, Midwest, South, And West.............................................................	133
Table 6-4	New Privately Owned Housing Units Authorized By 19,000 Building Permit Places By Region And State, 2001 And 2002 (number)..........	134
Table 6-5	Value Of Siding Product Spending For New Residential Buildings And Spending Per Completed Unit, 1992-2007 (dollars and number): Siding Product Spending, Completions, And Spending Per Completion.........	137
Table 6-6	Number Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material, 1977-2002 (number): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other....................................	138
Table 6-7	Percent Distribution Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material, 1977-2002 (percent): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other............................................................................................	139
Table 6-8	Number Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material By Region, 1992-2001 (number): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other..........................	140
Table 6-9	Percent Distribution Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material By Region, 1992-2001 (percent): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other............................................................................................	141
Table 6-10	Number Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material By Sales Price Of House, 1992-2001 (number): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other; Under $100,000, $100,000-$149,999, $150,000-$199,999, $200,000-$249,999, $250,000-$299,999, and $300,000 And Over.....................................	142
Table 6-11	Percent Distribution Of New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material By Sales Price Of House, 1992-2001 (percent): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other; Under $100,000, $100,000-$149,999, $150,000- $199,999, $200,000-$249,999, $250,000-$299,999, and $300,000 And Over............................................................................................	144
Table 6-12	Percent Distribution Of Attached And Detached New U.S. Single-Family Housing Units Completed By Type Of Exterior Wall Material, 1992-2001 (percent): Vinyl Siding, Brick, Stucco, Wood, Aluminum Siding, And Other...........................................................................................	146

Section 7	U.S. MANUFACTURED BUILDING MARKET.................................	147
	Summary Of Major Findings.......................................................... Mobile Home Manufacturer Purchases............................................ Prefabricated Building Plant Purchases........................................... Leading Supplier...........................................................................	147 147 148 148
Table 7-1	Metal And Vinyl Siding Purchases By U.S. Manufactured Housing Plants, 1977-2002 (dollars): Total, Mobile Homes, And Other Prefabricated Wood Buildings........................................................	149
Table 7-2	Number Of U.S. Manufactured Housing Plants And Average Siding Purchases, 1977-2002 (number and dollars): Mobile Homes And Other Prefabricated Wood Buildings........................................................	150
Table 7-3	U.S. New Mobile Home Placements And By Region, 1980-2002 (number)......................................................................................	151
Table 7-4	Value Of U.S Prefabricated Building Shipments By Material, 1992-2002 (dollars): Wood And Metal.............................................................	152
Table 7-5	Number Of U.S. Mobile Home And Prefabricated Building Plants By State, 2000 (number)....................................................................	153

Section 8	U.S. RESIDENTIAL REMODELING AND REPAIR MARKET.............	155