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Building Boards

US building board demand to rise over 7% annually through 2017
Demand for building boards in the US is forecast to grow more than seven percent annually through 2017 to over 50 billion square feet, as measured on a 3/8 inch basis. Residential construction markets account for over four-fifths of building board demand, so increased construction activity due to the expected housing market rebound will spark gains for building boards. In particular, the housing market recovery will drive growth in demand for building boards in flooring and wall sheathing applications. Rising residential improvement and repair activity will also contribute to building board demand, though to a lesser extent than gains in the new residential market.

In manufacturing applications, building board demand gains are not projected to be as strong as those in construction applications. However, demand in this market will benefit from growth in domestic manufacturing activity as compared to the 2007-2012 period. Among the manufacturing markets, furniture and fixtures and engineered wood products are expected to post the fastest gains in building board demand. Demand in furniture and fixture applications will benefit from heightened wood furniture shipments, which are forecast to increase nearly five percent annually through 2017. Engineered wood products, such as I-joists, will also register increased demand due to the expected housing market recovery, thus raising demand for building boards used in their manufacture.

OSB to outpace softwood plywood structural boards
Of all of the board products, softwood plywood and oriented strand board (OSB) account for the largest portion of demand. Both products are structural boards, meaning they are approved for use in structural applications such as floor and wall sheathing. Through 2017, OSB is forecast to see much more rapid gains in demand than those in softwood plywood. In 1992, OSB was certified by all model building codes in the US to perform as well as softwood plywood on a thicknessby- thickness basis. Since that time, OSB has increasingly gained market share from softwood plywood in construction markets, as it offers the same performance characteristics but at a lower price point. This trend is expected to continue through 2017.

Insulation board, particleboard to pace nonstructural board products
Nonstructural board products include particleboard, medium density fiberboard (MDF), hardwood plywood, hardboard, insulation board, and other fiberboard products. Through 2017, rapid growth is expected in insulation board products, as these products are used frequently in roof and wall sheathing applications and will benefit from the expected housing market recovery. However, insulation board is projected to continue to account for only a small portion of overall nonstructural board demand through 2017. Particleboard is also forecast to exhibit strong demand gains through 2017. Utilized frequently in manufacturing applications including furniture and fixtures and transportation equipment, particleboard demand will benefit from the expected rise in general manufacturing activity.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table BUILDING BOARD DEMAND (billion square feet - 3/8 inch basis)
  • MARKET ENVIRONMENT
    • General
    • Macroeconomic Environment
      • Table MACROECONOMIC INDICATORS (billion 2005 dollars)
    • Consumer Income & Spending
      • Personal Income & Expenditures
        • Table PERSONAL CONSUMPTION EXPENDITURES (billion 2005 dollars)
      • Consumer Financing
        • Table CONSUMER FINANCING ENVIRONMENT, 2002-2012
    • Demographic Trends
      • Table POPULATION & HOUSEHOLDS (million persons)
      • Population
      • Households
    • Building Construction Trends
      • Table BUILDING CONSTRUCTION EXPENDITURES (billion 2005 dollars)
      • Residential Construction
        • Table RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES (billion 2005 dollars)
        • Table NEW HOUSING INDICATORS
        • Table HOUSING STOCK BY TYPE (million units)
        • Table RESIDENTIAL IMPROVEMENT & REPAIR EXPENDITURES (billion 2005 dollars)
      • Nonresidential Construction
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES (billion 2005 dollars)
        • Table NONRESIDENTIAL BUILDING STOCK (billion 2005 dollars)
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS
    • Historical Market Trends
      • Table BUILDING BOARD MARKET, 2002-2012
    • Pricing Patterns
      • Table BUILDING BOARD PRICING (dollars per thousand square feet*)
    • Regulatory Environment
      • Timber Harvesting Restrictions
      • Emissions Regulations
      • Building Codes
    • World Building Board Overview
    • US Foreign Trade
      • Table BUILDING BOARD FOREIGN TRADE (million square feet - 3/8 inch basis)
      • Imports
      • Exports
  • OVERVIEW
    • General
    • Volume Outlook
      • Table BUILDING BOARD SUPPLY & DEMAND BY AREA (billion square feet - 3/8 inch basis)
    • Value Outlook
      • Table BUILDING BOARD SUPPLY & DEMAND BY VALUE (billion dollars)
  • STRUCTURAL BOARDS
    • General
    • Supply & Demand
      • Table STRUCTURAL BOARD SUPPLY & DEMAND (million square feet - 3/8 inch basis)
    • Oriented Strand Board
      • OSB Supply & Demand
        • Table ORIENTED STRAND BOARD SUPPLY & DEMAND (million square feet - 3/8 inch basis)
      • OSB Markets
        • Table ORIENTED STRAND BOARD DEMAND BY MARKET (million square feet - 3/8 inch basis)
      • OSB Capacity
        • Table ORIENTED STRAND BOARD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 3/8 inch basis)
    • Softwood Plywood
      • Softwood Plywood Supply & Demand
        • Table SOFTWOOD PLYWOOD SUPPLY & DEMAND (million square feet - 3/8 inch basis)
      • Softwood Plywood Markets
        • Table SOFTWOOD PLYWOOD DEMAND BY MARKET (million square feet - 3/8 inch basis)
      • Softwood Plywood Capacity
        • Table SOFTWOOD PLYWOOD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 3/8 inch basis)
  • NONSTRUCTURAL BOARDS
    • General
    • Supply & Demand
      • Table NONSTRUCTURAL BOARD SUPPLY & DEMAND (million square feet - 3/8 inch basis)
    • Particleboard
      • Particleboard Supply & Demand
        • Table PARTICLEBOARD SUPPLY & DEMAND (million square feet - 3/4 inch basis)
      • Particleboard Markets
        • Table PARTICLEBOARD DEMAND BY MARKET (million square feet-3/4 inch basis)
      • Particleboard Capacity
        • Table PARTICLEBOARD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 3/4 inch basis)
    • Medium Density Fiberboard
      • MDF Supply & Demand
        • Table MEDIUM DENSITY FIBERBOARD SUPPLY & DEMAND (million square feet - 3/4 inch basis)
      • MDF Markets
        • Table MEDIUM DENSITY FIBERBOARD DEMAND BY MARKET (million square feet - 3/4 inch basis)
      • MDF Capacity
        • Table MEDIUM DENSITY FIBERBOARD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 3/4 inch basis)
    • Hardwood Plywood
      • Hardwood Plywood Supply & Demand
        • Table HARDWOOD PLYWOOD SUPPLY & DEMAND (million square feet - 3/4 inch basis)
      • Hardwood Plywood Markets
        • Table HARDWOOD PLYWOOD DEMAND BY MARKET (million square feet - 3/4 inch basis)
      • Hardwood Plywood Capacity
        • Table HARDWOOD PLYWOOD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 3/4 inch basis)
    • Hardboard
      • Hardboard Supply & Demand
        • Table HARDBOARD SUPPLY & DEMAND (million square feet - 1/8 inch basis)
      • Hardboard Markets
        • Table HARDBOARD DEMAND BY MARKET (million square feet - 1/8 inch basis)
      • Hardboard Capacity
        • Table HARDBOARD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 1/8 inch basis)
    • Insulation Board
      • Insulation Board Supply & Demand
        • Table INSULATION BOARD SUPPLY & DEMAND (million square feet - 1/2 inch basis)
      • Insulation Board Markets
        • Table INSULATION BOARD DEMAND BY MARKET (million square feet - 1/2 inch basis)
      • Insulation Board Capacity
        • Table INSULATION BOARD DOMESTIC CAPACITY BY PRODUCER, 2012 (million square feet - 1/2 inch basis)
    • Other Fiberboard
      • Other Fiberboard Supply & Demand
        • Table OTHER FIBERBOARD SUPPLY & DEMAND (million square feet - 1/2 inch basis)
      • Other Fiberboard Markets
        • Table OTHER FIBERBOARD DEMAND BY MARKET (million square feet - 1/2 inch basis)
      • Other Fiberboard Capacity
  • MARKETS
    • General
      • Table DEMAND FOR BUILDING BOARDS BY MARKET (billion square feet - 3/8 inch basis)
    • Construction Markets by Application
      • Table CONSTRUCTION MARKETS FOR BUILDING BOARDS BY APPLICATION (billion square feet - 3/8 inch basis)
      • Roofing
        • Table ROOFING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Subflooring
        • Table SUBFLOORING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Wall Sheathing
        • Table WALL SHEATHING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Cabinets
        • Table CABINET MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Finish Flooring
        • Table FINISH FLOORING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Siding
        • Table SIDING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Windows & Doors
        • Table WINDOW & DOOR MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Interior Paneling
        • Table INTERIOR PANELING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Other Construction Applications
        • Table OTHER CONSTRUCTION MARKETS FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
    • Construction Markets by End Use
      • Table CONSTRUCTION MARKETS FOR BUILDING BOARDS BY END USE (billion square feet - 3/8 inch basis)
      • Residential
        • Table RESIDENTIAL MARKET FOR BUILDING BOARDS BY HOUSING TYPE & SEGMENT (billion square feet - 3/8 inch basis)
      • Nonresidential
        • Table NONRESIDENTIAL MARKET FOR BUILDING BOARDS BY BUILDING TYPE & SEGMENT (million square feet - 3/8 inch basis)
    • Manufacturing Markets
      • Table MANUFACTURING MARKETS FOR BUILDING BOARDS BY APPLICATION (million square feet - 3/8 inch basis)
      • Furniture & Fixtures
        • Table FURNITURE SHIPMENTS (billion 2005 dollars)
        • Table FURNITURE & FIXTURE MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Transportation Equipment
        • Table TRANSPORTATION EQUIPMENT MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Engineered Wood Products
        • Table ENGINEERED WOOD MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Material Handling Equipment
        • Table MATERIAL HANDLING MARKET FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
      • Other Manufacturing
        • Table OTHER MANUFACTURING MARKETS FOR BUILDING BOARDS BY PRODUCT (million square feet - 3/8 inch basis)
  • REGIONS
    • General
    • Regional Demographic & Economic Trends
      • Population Patterns
        • Table POPULATION BY REGION (million persons)
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT BY REGION (billion 2005 dollars)
      • Construction Activity
        • Table CONSTRUCTION EXPENDITURES BY REGION (billion 2005 dollars)
      • Housing Trends
        • Table REGIONAL HOUSING INDICATORS (thousand units)
    • Regional Demand for Building Board Products
      • Table BUILDING BOARD DEMAND BY REGION (billion square feet - 3/8 inch basis)
      • Northeast
        • Table NORTHEAST DEMAND FOR BUILDING BOARDS BY SUBREGION & PRODUCT (million square feet - 3/8 inch basis)
      • Midwest
        • Table MIDWEST DEMAND FOR BUILDING BOARDS BY SUBREGION & PRODUCT (million square feet - 3/8 inch basis)
      • South
        • Table SOUTH DEMAND FOR BUILDING BOARDS BY SUBREGION & PRODUCT (million square feet - 3/8 inch basis)
      • West
        • Table WEST DEMAND FOR BUILDING BOARDS BY SUBREGION & PRODUCT (million square feet - 3/8 inch basis)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table US BUILDING BOARD REVENUES FOR SELECTED COMPANIES, 2012 (million dollars)
    • Market Share
    • Vertical & Horizontal Integration
    • Product Development
    • Manufacturing
    • Marketing
    • Distribution
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • Ainsworth Lumber Company Limited
      • Blue Ridge Fiberboard Incorporated
      • Boise Cascade Holdings LLC
      • Canfor Corporation
      • Celulosa Arauco y Constitución SA
      • Collins Companies Incorporated
      • Columbia Forest Products Incorporated
      • Hood Companies
      • Hoover Treated Wood Products Incorporated
      • Huber (JM) Corporation
      • Hunt Forest Products Incorporated
      • International Paper Company
      • Koch Industries Incorporated
      • Louisiana-Pacific Corporation
      • Martin (Roy O.) Lumber Company LLC
      • Norbord Incorporated
      • Plum Creek Timber Company Incorporated
      • Potlatch Corporation
      • Rosboro Lumber Company
      • Roseburg Forest Products Company
      • Scotch Plywood Company Incorporated
      • SierraPine Limited
      • Stimson Lumber Company Incorporated
      • Timber Products Company
      • Tolko Industries Limited
      • Westlam Industries Limited
      • Weyerhaeuser Company

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