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The global exterior sheathing market reached a value of about USD 7.89 billion in 2023. The market is further expected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032 to reach a value of nearly USD 12.22 billion by 2032.
The expansion in the urban infrastructures industry has resulted in increased construction activities, especially in developing economies like Africa and Asia because of the increasing population and major recession rebounds. As a consequence of this, exterior sheathing materials including wood fibres and foams, are being used for building in these regions because they are cost-effective and meet the energy code requirements. They also fulfil energy demands. In addition, it has had a direct influence upon building industry dynamics by introducing more productive construction technologies like automated manufacturing as well as installation processes.
Exterior Sheathing Market Size
Exterior Sheathing Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global exterior sheathing market reached a value of USD 7.89 billion in 2023.
The market is projected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 12.22 billion by 2032.
The major market drivers are increasing construction activities, rising disposable incomes, the expansion of urban infrastructure, and the growing demand for energy-efficient building materials.
The growing trend of sustainability, the shift towards green construction, and the cost-effectiveness of exterior sheathing are the key trends guiding the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The major sheathing types are structural exterior sheathing and non-structural exterior sheathing.
OSB (oriented-strand board), plywood, particle board, and medium density fiberboard (MDF), among others, are the significant product types considered in the market report.
The different applications of exterior sheathing are wall and roof, among others.
Commercial, industrial, and institutional, among others, are the various end uses of exterior sheathing.
The leading players in the market are Weyerhaeuser Company, Georgia-Pacific, Huber Engineered Woods LLC., and National Gypsum, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124