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Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Exterior Sheathing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

The global exterior sheathing market reached a value of US$ 6.2 Billion in 2017. The market value is further expected to reach US$ 8.4 Billion by 2023, exhibiting a CAGR of around 5% during 2017-2023. Sheathing refers to a panel or board material which is used in wall, roof 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, shingles, etc.

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. Exterior sheathing panels provide strength, rigidity, shear resistance and form a nailing base for the siding. Besides this, they are manufactured with water-resistant and wax-treated materials which offer a protective covering from harsh weather and external elements. Moreover, the employment of advanced sheathing materials maximizes space for cavity insulation and minimizes the potential for insulation voids, proving to be an energy-efficient and cost-effective solution.

Global Exterior Sheathing 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 fiber board, 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 total 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.

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. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the exterior sheathing market in any manner.

Key Questions Answered in This Report:

How has the global exterior sheathing market performed so far and how will it perform in the coming years?
What are the key regions in the global exterior sheathing market?
What are the popular sheathing types in the global exterior sheathing market?
What are the various applications in the global exterior sheathing market?
What are the major end-use sectors in the global exterior sheathing market?
What are the price trends of exterior sheathing?
What are the various stages in the value chain of the global exterior sheathing market?
What are the key driving factors and challenges in the global exterior sheathing market?
What is the structure of the global exterior sheathing market and who are the key players?
What is the degree of competition in the global exterior sheathing market?


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 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
6.1.1 OSB (Oriented-Strand Board)
6.1.2 Plywood
6.1.3 Waferboard
6.1.4 Gypsum
6.2 Non-Structural Exterior Sheathing
6.2.1 Fiber Board
6.2.2 Foam Board
6.2.3 Particle Board
6.2.4 Insulation Board
7 Market Breakup by Application
7.1 Wall
7.2 Roof
7.3 Windows and 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
List of Figures
Figure 1: Global: Exterior Sheathing Market: Major Drivers and Challenges
Figure 2: Global: Exterior Sheathing Market: Sales Value (in Billion US$), 2010-2017
Figure 3: Global: Exterior Sheathing Market: Breakup by Sheathing Type (in %), 2017
Figure 4: Global: Exterior Sheathing Market: Breakup by Application (in %), 2017
Figure 5: Global: Exterior Sheathing Market: Breakup by End Use Sector (in %), 2017
Figure 6: Global: Exterior Sheathing Market: Breakup by Region (in %), 2017
Figure 7: Global: Exterior Sheathing Market Forecast: Sales Value (in Billion US$), 2018- 2023
Figure 8: Global: Exterior Sheathing Market: SWOT Analysis
Figure 9: Global: Exterior Sheathing Market: Value Chain Analysis
Figure 10: Global: Exterior Sheathing Market: Porter’s Five Forces Analysis
Figure 11: Global: Structural Exterior Sheathing Market (Oriented-Strand Board): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Structural Exterior Sheathing Market (Plywood): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: Global: Structural Exterior Sheathing Market (Waferboard): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Structural Exterior Sheathing Market (Gypsum): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: Global: Non-Structural Exterior Sheathing Market (Fiber Board): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Global: Non-Structural Exterior Sheathing Market (Foam Board): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Global: Non-Structural Exterior Sheathing Market (Particle Board): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Global: Non-Structural Exterior Sheathing Market (Insulation Board): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Global: Exterior Sheathing Market (Applications in Wall): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Global: Exterior Sheathing Market (Applications in Roof): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 21: Global: Exterior Sheathing Market (Applications in Windows and Doors): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 22: Global: Sheathing Market (Other Applications): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 23: Global: Exterior Sheathing Market (End-Use in Commercial Buildings): Value Trends (in Million US$), 2010, 2017 & 2023
Figure 24: Global: Exterior Sheathing Market (End-Use in Industrial Buildings): Value Trends (in Million US$), 2010, 2017 & 2023
Figure 25: Global: Exterior Sheathing Market (End-Use in Institutional Buildings): Value Trends (in Million US$), 2010, 2017 & 2023
Figure 26: Global: Exterior Sheathing Market (Other End-Use Sectors): Value Trends (in Million US$), 2010, 2017 & 2023
Figure 27: North America: Exterior Sheathing Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 28: Europe: Exterior Sheathing Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 29: Asia Pacific: Exterior Sheathing Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 30: Latin America: Exterior Sheathing Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 31: Middle East & Africa: Exterior Sheathing Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 32: Global: Exterior Sheathing Market: Key Players
List of Tables
Table 1: Global: Exterior Sheathing Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Exterior Sheathing Market Forecast: Breakup by Sheathing Type (in Million US$), 2018-2023
Table 3: Global: Exterior Sheathing Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 4: Global: Exterior Sheathing Market Forecast: Breakup by End Use Sector (in Million US$), 2018-2023
Table 5: Global: Exterior Sheathing Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 6: Global: Exterior Sheathing Market Structure

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