Global Exterior Sheathing Market, By Sheathing Type (Structural Exterior Sheathing and Non-Structural Exterior Sheathing), Product Type (OSB (Oriented-Strand Board), Plywood, Particle Board, Medium Density Fir board (MDF) and Others), Application (Wall, Roof and Others), End Use (Residential, Commercial, Industrial and Institutional), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the exterior sheathing market will witness a CAGR of 5.02% for the forecast period of 2021-2028. Increase in the demand for exterior sheathing for a wide range of applications such as industrial, commercial, residential and institutional, growth and expansion of buildings and construction industry especially in the developing economies like India and China and surge in industrialization in the developing countries are the major factors attributable to the growth of the exterior sheathing market.
Sheathing refers to those materials which are used in walls, roofs and floor assemblies. Sheathing refers to a panel or board material which is added to provide an exterior protective layer and prevents wind and water from entering. Sheathing acts as an underlayment for various exterior siding materials such as wood, metal or vinyl siding, masonry veneer, stucco, shingles, and so on.
Rising urbanization, infrastructural development and construction activities especially in the developing economies is the root cause fuelling up the exterior sheathing market growth rate. Substantial recovery from the global economies recession is another factor responsible for propelling growth in the exterior sheathing market value. Rising application of insulating materials like wood panels and foam will further create lucrative growth opportunities for the exterior sheathing market. Rising industrialization coupled with increased focus on the development of more efficient building technologies, such as automated production and installation processes will also directly and positively impact the growth rate of the market. Increased initiatives and regulations imposed by the government to reduce carbon footprint coupled with rising environmental concerns will further propel the market growth rate.
However, lack of awareness in small and middle class economies will pose a major challenge to the growth of exterior sheathing market. Fluctuations in the prices of raw materials will also dampen the exterior sheathing market growth rate.
This exterior sheathing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on exterior sheathing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Exterior Sheathing Market Scope and Market Size
The exterior sheathing market is segmented on the basis of sheathing type, product type, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of sheathing type, the exterior sheathing market is segmented into structural exterior sheathing and non-structural exterior sheathing.
- On the basis of product type, the exterior sheathing market is segmented into OSB (oriented- strand board), plywood, particle board, medium density fir board (MDF) and others.
- On the basis of application, the exterior sheathing market is segmented into wall, roof and others.
- On the basis of end use, the exterior sheathing market is segmented into residential, commercial, industrial and institutional.
Global Exterior Sheathing Market Country Level Analysis
Global exterior sheathing market is analysed and market size, volume information is provided by country, sheathing type, product type, application and end use as referenced above.
The countries covered in the exterior sheathing market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the exterior sheathing market and will continue to flourish its trend of dominance during the forecast period as well. Increasing application of exterior sheathing for a wide range of applications such as in repair activities is one of the major factors fostering the growth of exterior sheathing market in this region. However, Asia-Pacific will register the highest CAGR for the forecast period. India and China will emerge as the major contributors from this region owing to the growth and expansion of buildings and construction industry in these economies.
The country section of the exterior sheathing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Exterior Sheathing Market Share Analysis
The exterior sheathing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to exterior sheathing market.
The major players covered in the exterior sheathing market report are Weyerhaeuser Company, Georgia-Pacific, International Paper, Stora Enso Oyj, West Fraser, Huber Engineered Woods LLC, National Gypsum Services Company, Louisiana-Pacific Corporation, Kronoplus Limited, Tolko Industries Ltd., SWISS KRONO Tec AG, EGGER Group, MEDITE SMARTPLY, DOK Kalevala, DIEFFENBACHER GMBH Maschinen- und Anlagenbau, LANGBOARD OSB, Luli Group Co., Ltd. and Hubei BaoYuan Wood Industry Co.Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Exterior Sheathing Market
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