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Global Exterior Sheathing Market to Reach $8.8 Billion by 2024 - Rising Environmental Concerns Have Led the Builders to Shift Towards Green Construction Materials

DRUCKEN

DUBLIN, July 12, 2019 /PRNewswire/ -- The "Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global exterior sheathing market reached a value of US$ 6.6 Billion in 2018. The market value is further expected to reach US$ 8.8 Billion by 2024, exhibiting a CAGR of around 5% during 2019-2024.

This report provides a deep insight into the global exterior sheathing market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

Global Market Drivers

The development of more efficient building technologies, such as automated production and installation processes, has created a direct impact on the dynamics of the construction industry. Additionally, rising environmental concerns have led the builders to shift towards green construction materials in order to reduce their carbon footprint, thereby creating a positive demand for exterior sheathing materials.

Expansion in the urban infrastructure sector, due to rising population and the substantial recovery from economic recession, has led to an increase in the construction activities, particularly in the emerging economies like Africa and Asia.

Exterior sheathing materials like wood fiber panels and foam (insulating materials) are increasingly being used in the construction industry as they are cost-effective and meet the energy code requirements. Growing utilization of these materials to increase energy-efficiency and cost savings is anticipated to boost the growth of the market in the coming years.

Breakup by Sheathing Type

On the basis of sheathing type, the market has been segmented as structural and non-structural sheathing. The structural sheathing segment is further segregated into OSB (oriented strand board), plywood, wafer board and gypsum. On the other hand, the non-structural sheathing segment is divided as fiberboard, foam board, particle board and insulation board. Currently, structural sheathing dominates the market, holding the largest market share.

Breakup by Application

Based on the application, exterior wall sheathing represents the largest application area, accounting for the majority of the market share. Other major applications include roof, windows and doors, and others.

Breakup by End-Use

The market has also been categorized on the basis of end-use into commercial, industrial and institutional sectors. Amongst these, the commercial sector accounts for the majority of the market share.

Regional Insights

Region-wise, the market has been segmented into North America, Europe, Latin America, Asia-Pacific, and Middle East and Africa. Amongst these, North America is the biggest market, holding the largest share. This can be attributed to the increasing improvement and repairing activities in the region.

Competitive Landscape

The report has also analyzed the competitive landscape of the global exterior sheathing industry and provides profiles of the key players operating in it.

Key Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Exterior Sheathing Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Sheathing Type

5.4 Market Breakup by Application

5.5 Market Breakup by End-Use Sector

5.6 Market Breakup by Region

5.7 Market Forecast

5.8 SWOT Analysis

5.8.1 Overview

5.8.2 Strengths

5.8.3 Weaknesses

5.8.4 Opportunities

5.8.5 Threats

5.9 Value Chain Analysis

5.9.1 Overview

5.9.2 Research and Development

5.9.3 Raw Material Procurement

5.9.4 Manufacturing

5.9.5 Marketing

5.9.6 Distribution

5.9.7 End-Use

5.10 Porters Five Forces Analysis

5.10.1 Overview

5.10.2 Bargaining Power of Buyers

5.10.3 Bargaining Power of Suppliers

5.10.4 Degree of Competition

5.10.5 Threat of New Entrants

5.10.6 Threat of Substitutes

5.11 Price Analysis

5.12 Key Success and Risk Factors

6 Market Breakup by Sheathing Type

6.1 Structural Exterior Sheathing

6.2 Non-Structural Exterior Sheathing

7 Market Breakup by Application

7.1 Wall

7.2 Roof

7.3 Windows & Doors

7.4 Others

8 Market Breakup by End-use Sector

8.1 Commercial

8.2 Industrial

8.3 Institutional

8.4 Others

9 Market Breakup by Region

9.1 North America

9.2 Europe

9.3 Asia-Pacific

9.4 Latin America

9.5 Middle East & Africa

10 Competitive Landscape

10.1 Market Structure

10.2 Key Players

For more information about this report visit

https://www.researchandmarkets.com/r/wt4o90

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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Cision View original content:http://www.prnewswire.com/news-releases/global-exterior-sheathing-market-to-reach-8-8-billion-by-2024---rising-environmental-concerns-have-led-the-builders-to-shift-towards-green-construction-materials-300883526.html

SOURCE Research and Markets

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