According to the latest report by IMARC Group, titled “Europe Exterior Sheathing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the exterior sheathing market size in Europe reach a strong growth in 2019. Exterior sheathing refers to a board or panel attached as an underlayment to exterior siding materials including metal, wood, PVC, stucco, masonry veneer, etc. It is primarily utilized in the construction of walls, roofs, and other floor assemblies for offering improved sheer resistance, high strength, enhanced rigidity, etc. The two common varieties of exterior sheathing are structural and non-structural sheathing. Structural sheathing provides additional strength to the frame structure, whereas non-structural sheathing insulates and amplifies the R-value of the building.
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In Europe, the rising demand for oriented strand board (OSB) sheathing is currently bolstering the market growth. The increasing environmental concerns have propelled the need for ecologically sustainable alternatives of natural plywood and timber, such as OSB sheathing. Furthermore, the growing number of green buildings in the region is also catalyzing the market for exterior sheathing. In addition to this, the introduction of favorable regulations by the European Commission for reducing carbon footprints from conventional construction materials is further driving the product demand. Several manufacturers are focusing on the development of water-resistant and wax-treated sheathing materials for protecting the building against harsh weather conditions, particularly during the winter season in Europe. Looking forward by IMARC group expects the market to continue its moderate growth during the forecast period (2020-2025).
Breakup by Sheathing Type:
- Structural Exterior Sheathing
- Non-Structural Exterior Sheathing
- OSB (Oriented-Strand Board)
- Plywood
- Particle Board
- Medium Density Fibreboard (MDF)
- Others
- Wall
- Roof
- Others
- Residential
- Commercial
- Industrial
- Institutional
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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