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Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • February 2021
  • 109 pages
  • ID: 5601577
  • Format: PDF
  • IMARC Group


Table of Contents

The global exterior sheathing market reached a value of US$ 7.3 Billion in 2020. Sheathing refers to a panel or board material which is used in walls, roofs and floor assemblies. It is attached to the external framing as an underlayment of various exterior siding materials such as wood, metal or vinyl siding, masonry veneer, stucco and shingles. There are two types of sheathing, namely, structural sheathing which offers additional strength to the frame structure, and non-structural sheathing that provides insulation and increases the R-value of the building. Nowadays, manufacturers are employing advanced sheathing materials which maximize space for cavity insulation and minimize the potential for insulation. These sheathing panels also provide strength, rigidity, shear resistance and form a nailing base for the siding.

Rapid expansion in the urban infrastructure sector, due to the rising population and the substantial recovery from the economic recession, has led to an increase in construction activities, particularly in emerging economies like Africa and Asia. As a result, these materials like wood fiber panels and foam (insulating materials) are increasingly being used in these regions for construction as they are cost-effective and meet the energy code requirements. Along with this, the development of more efficient building technologies, such as automated production and installation processes, have created a direct impact on the dynamics of the construction industry. Besides this, with the rising environmental concerns, constructors are shifting toward green construction materials in order to reduce their carbon footprint, thereby creating a positive demand for exterior sheathing materials. Besides this, they are manufacturing exterior sheathing with water-resistant and wax-treated materials which offer a protective covering from harsh weather and external elements. Looking forward, the analyst expects the global exterior sheathing market to exhibit moderate growth during 2021-2025.

Breakup by Sheathing Type:
Structural sheathing currently dominates the market, holding the largest market share.

Breakup by Product Type:
OSB (Oriented-Strand Board)
Particle Board
Medium Density Firboard (MDF)
On the basis of product type, the market has been segmented into OSB (Oriented-Strand Board), plywood, particle board, medium density firboard (MDF) and others.

Breakup by Application:
Amongst these, walls represent the largest application segment, accounting for the majority of the market share.

Breakup by End Use:
Based on the end use, the commercial sector enjoys the leading position in the global market.

Regional Insights:
Asia Pacific
North America
Middle East and Africa
Latin America
Region-wise, North America exhibits a clear dominance in the market due to the improvement and repair activities in the region.

Competitive Landscape:
The report has also analyzed the competitive landscape of the industry, providing the detailed profiles of the key players operating in it.

Key Questions Answered in This Report

1. What was the global exterior sheathing market size in 2020?
2. What is the impact of COVID-19 on the global exterior sheathing market?
3. What will be the global exterior sheathing market outlook during the forecast period (2021-2026)?
4. What are the global exterior sheathing market drivers?
5. What are the major trends in the global exterior sheathing market?
6. What is the global exterior sheathing market breakup by sheathing type?
7. What is the global exterior sheathing market breakup by application?
8. What is the global exterior sheathing market breakup by end use?
9. What are the major regions in the global exterior sheathing market?

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