According to the latest report by IMARC Group, titled “GCC Exterior Sheathing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the exterior sheathing market size in GCC region reached 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 the GCC countries, the increasing demand for oriented strand board (OSB) sheathing is currently augmenting the market growth. The growing environmental concerns have catalyzed the need for ecologically sustainable alternatives of natural plywood and timber, such as OSB sheathing. Furthermore, the rising number of green buildings in the GCC region is also catalyzing the market for exterior sheathing. Additionally, the implementation of favorable regulations by several government bodies across the GCC countries for reducing carbon footprints from conventional construction materials is further spurring the product demand. Numerous regional manufacturers are focusing on the development of water-resistant and wax-treated sheathing materials for protecting the building against harsh weather conditions, thereby bolstering the market for exterior sheathing in the GCC region.
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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