Exterior paint is peeling off

I have cedar siding home. The siding is 15 years old. The original stain was Benjamine Moore oil stain. About five years ago the exterior was painted with oil stained using Duron oil base stain. For last two years the stain has been peeling off. Five years ago Duron bought out moore paint outlet stores in the area. Five years ago I was told Duron is as good or better than moore paints/stains.
The rear of the house faces west. The south side of the stain is peeling off. The north side is good, shows very little stain peel off.
The house is two story and have to hire a painter. The painter recommends acrylic paint and not stain.
I would like to know how two caots of paint/stai will be applied. Paint/stain entire house with one coat and then apply second coat or apply two coats immediately. How long the two coats of paint/stain will last.
Which is better stain or paint?
Some painters are saying they will use Cabot, Maximm, Benjamin or Sherwin Williams. Which is a better product.
Please advise what I have to do. What type of products are available.
Thank you.
Pravin
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Most likely it was a poor paint job, the S side may have been hot from the sun, or was stained when to damp and cold. Stains are not suposed to peel, and dont if aplied right. Scrape everything loose off and stay with stain not paint. Is it possible paint was used last time. Was everything clean. Cabots has good oil stain, but acrylic will hold colors better. Read a Consumer Reports ongoing tests of paint and stains, it will help you alot.
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pravin wrote:

just oil and a dye or pigment. There is no way a real stain can peel off since it doesn't really form a continuous coat.
Some marketed stains are just very thin paint, especially water based stains and they might exhibit some peeling.
If the boards are rough, a stain is probably preferred, even if smooth many (most) people prefer and oil stain which needs to be done every little bit but it won't peel.
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My real oil Cabots pealed off my deck because I did it when it was to cold, 65f daytime 45- 50f night time, it was bare wood.
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