PUBLISHER: IMARC | PRODUCT CODE: 1291204
PUBLISHER: IMARC | PRODUCT CODE: 1291204
Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global exterior sheathing market size reached US$ 8.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.96% during 2023-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global exterior sheathing market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on sheathing type, application and end use.
Breakup by Sheathing Type:
Structural
OSB (Oriented Strand Board)
Plywood
Wafer Board
Gypsum
Non-Structural
Fiber Board
Foam Board
Particle Board
Insulation Board
Based on the sheathing type, structural sheathing currently dominates the market, holding the largest market share.
Breakup by Application:
Wall
Roof
Others
Amongst these, roof represent the largest application segment, accounting for majority of the market share.
Breakup by End Use:
Residential
Commercial
Industrial
Institutional
Based on the end use, the commercial sector enjoys the leading position in the global market.
Regional Insights:
Asia Pacific
North America
Europe
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 is the size of the global exterior sheathing market 2022?
2. What has been the impact of COVID-19 on the global exterior sheathing market?
3. What are the key factors driving the global exterior sheathing market?
4. What is the breakup of the global exterior sheathing market based on the sheathing type?
5. What is the breakup of the global exterior sheathing market based on the application?
6. What is the breakup of the global exterior sheathing market based on the end use?
7. What are the key regions in the global exterior sheathing market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 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 Impact of COVID-19
- 5.4 Market Breakup by Sheathing Type
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by End Use
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
- 5.9 SWOT Analysis
- 5.9.1 Overview
- 5.9.2 Strengths
- 5.9.3 Weaknesses
- 5.9.4 Opportunities
- 5.9.5 Threats
- 5.10 Value Chain Analysis
- 5.10.1 Overview
- 5.10.2 Research and Development
- 5.10.3 Raw Material Procurement
- 5.10.4 Manufacturing
- 5.10.5 Marketing
- 5.10.6 Distribution
- 5.10.7 End-Use
- 5.11 Porters Five Forces Analysis
- 5.11.1 Overview
- 5.11.2 Bargaining Power of Buyers
- 5.11.3 Bargaining Power of Suppliers
- 5.11.4 Degree of Competition
- 5.11.5 Threat of New Entrants
- 5.11.6 Threat of Substitutes
- 5.12 Price Analysis
- 5.13 Key Success and Risk Factors
6 Market Breakup by Sheathing Type
- 6.1 Structural Exterior Sheathing
- 6.1.1 Market Trends
- 6.1.2 Market Breakup by Type
- 6.1.2.1 OSB (Oriented Strand Board)
- 6.1.2.1.1 Market Trends
- 6.1.2.1.2 Market Forecast
- 6.1.2.2 Plywood
- 6.1.2.2.1 Market Trends
- 6.1.2.2.2 Market Forecast
- 6.1.2.3 Wafer Board
- 6.1.2.3.1 Market Trends
- 6.1.2.3.2 Market Forecast
- 6.1.2.4 Gypsum
- 6.1.2.4.1 Market Trends
- 6.1.2.4.2 Market Forecast
- 6.1.3 Market Forecast
- 6.2 Non-Structural Exterior Sheathing
- 6.2.1 Market Trends
- 6.2.2 Market Breakup by Type
- 6.2.2.1 Fiber Board
- 6.2.2.1.1 Market Trends
- 6.2.2.1.2 Market Forecast
- 6.2.2.2 Foam Board
- 6.2.2.2.1 Market Trends
- 6.2.2.2.2 Market Forecast
- 6.2.2.3 Particle Board
- 6.2.2.3.1 Market Trends
- 6.2.2.3.2 Market Forecast
- 6.2.2.4 Insulation Board
- 6.2.2.4.1 Market Trends
- 6.2.2.4.2 Market Forecast
- 6.2.3 Market Forecast
7 Market Breakup by Application
- 7.1 Wall
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Roof
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by End Use
- 8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Industrial
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Institutional
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Asia Pacific
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Middle East & Africa
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Competitive Landscape
- 10.1 Market Structure
- 10.2 Key Players
List of Figures
- Figure 1: Global: Exterior Sheathing Market: Major Drivers and Challenges
- Figure 2: Global: Exterior Sheathing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Exterior Sheathing Market: Breakup by Sheathing Type (in %), 2022
- Figure 4: Global: Exterior Sheathing Market: Breakup by Application (in %), 2022
- Figure 5: Global: Exterior Sheathing Market: Breakup by End Use (in %), 2022
- Figure 6: Global: Exterior Sheathing Market: Breakup by Region (in %), 2022
- Figure 7: Global: Exterior Sheathing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Exterior Sheathing Industry: SWOT Analysis
- Figure 9: Global: Exterior Sheathing Industry: Value Chain Analysis
- Figure 10: Global: Exterior Sheathing Industry: Porter's Five Forces Analysis
- Figure 11: Global: Structural Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Structural Exterior Sheathing Market: Breakup by Type (in %), 2022
- Figure 13: Global: Structural Exterior Sheathing Market (OSB-Oriented Strand Board): Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Structural Exterior Sheathing Market Forecast (OSB-Oriented Strand Board): Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Structural Exterior Sheathing Market (Plywood): Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Structural Exterior Sheathing Market Forecast (Plywood): Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Structural Exterior Sheathing Market (Wafer Board): Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Structural Exterior Sheathing Market Forecast (Wafer Board): Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Structural Exterior Sheathing Market (Gypsum): Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Structural Exterior Sheathing Market Forecast (Gypsum): Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Structural Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Non-Structural Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Non-Structural Exterior Sheathing Market: Breakup by Type (in %), 2022
- Figure 24: Global: Non-Structural Exterior Sheathing Market (Fiber Board): Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Non-Structural Exterior Sheathing Market Forecast (Fiber Board): Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Non-Structural Exterior Sheathing Market (Foam Board): Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Non-Structural Exterior Sheathing Market Forecast (Foam Board): Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Non-Structural Exterior Sheathing Market (Particle Board): Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Non-Structural Exterior Sheathing Market Forecast (Particle Board): Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Non-Structural Exterior Sheathing Market (Insulation Board): Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Non-Structural Exterior Sheathing Market Forecast (Insulation Board): Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Non-Structural Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Exterior Sheathing Market (Wall Applications): Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Exterior Sheathing Market Forecast (Wall Applications): Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Exterior Sheathing Market (Roof Applications): Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Exterior Sheathing Market Forecast (Roof Applications): Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Exterior Sheathing Market (Other Applications): Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Exterior Sheathing Market Forecast (Other Applications): Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Exterior Sheathing Market (Residential): Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Exterior Sheathing Market Forecast (Residential): Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Exterior Sheathing Market (Commercial): Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Exterior Sheathing Market Forecast (Commercial): Sales Value (in Million US$), 2023-2028
- Figure 43: Global: Exterior Sheathing Market (Industrial): Sales Value (in Million US$), 2017 & 2022
- Figure 44: Global: Exterior Sheathing Market Forecast (Industrial): Sales Value (in Million US$), 2023-2028
- Figure 45: Global: Exterior Sheathing Market (Institutional): Sales Value (in Million US$), 2017 & 2022
- Figure 46: Global: Exterior Sheathing Market Forecast (Institutional): Sales Value (in Million US$), 2023-2028
- Figure 47: North America: Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: North America: Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Asia Pacific: Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Asia Pacific: Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Latin America: Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Latin America: Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Middle East & Africa: Exterior Sheathing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Middle East & Africa: Exterior Sheathing Market Forecast: Sales Value (in Million US$), 2023-2028
List of Tables
- Table 1: Global: Exterior Sheathing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Exterior Sheathing Market Forecast: Breakup by Sheathing Type (in Million US$), 2023-2028
- Table 3: Global: Exterior Sheathing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Exterior Sheathing Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 5: Global: Exterior Sheathing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Exterior Sheathing Market: Competitive Structure
- Table 7: Global: Exterior Sheathing Market: Key Players
