Global Building Boards Market Size By Type (Residential, Non-Residential), By Application (Roofing, Subflooring, Wall Sheathing), By Geographic Scope And Forecast

Building Boards Market Size And Forecast

Building Boards Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

Building Boards are used in roofing, flooring, wall sheathing, cabinet, sliding doors, interior paneling and other several construction applications, increasing applications of building boards is the primary factor driving the growth of this market. The Global Building Boards Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Building Boards Market Definition

Building Boards are used in an exterior wall build-up, building boards are also known as sheathing boards are ideal solutions for those who are in the need of cost-effective and robust material that can be used in the exterior wall build-up. Building Boards can be structural and non-structural providing protection against wind and water penetration and offering the same level of fire protection. Building Boards can also be used for multiple purposes including strengthening and lightweight steel frame racking structure to create a robust and flat surface for fixing insulation. Building Boards also offer exceptional strength and moisture resistance to the building.

Global Building Boards Market Overview

Building Boards are used in roofing, flooring, wall sheathing, cabinet, sliding doors, interior paneling, and other several construction applications, increasing applications of building boards is the primary factor driving the growth of this market. Another major factor contributing to the growth of this market is its lower cost as compared to solid wood and because of its comparable performance, it is widely used in manufacturing applications such as furniture, transportation equipment, and engineered wood products. Furthermore, the increasing construction due to the rise in the Building Boards Market is fuelling the growth of the Building Boards Market. Increasing residential improvement and repair activity is also contributing to the growth of this market.

Global Building Boards MarketSegmentation Analysis

The Global Building Boards Market is Segmented on the basis of Type, Application, and Geography.

Building Boards Market, By Type

• Residential• Non-Residential

Based on Type, the market is segmented into Residential and Non-Residential. The residential segment held approximately half of the total demand of the Building Boards Market and is expected to continue the trend during the forecasted period.

Building Boards Market, By Application

• Roofing• Subflooring• Wall Sheathing• Cabinets• Finish Flooring

Based on Application, the market is segmented into Roofing, Subflooring, Wall Sheathing, Cabinets and Finish Flooring. Subflooring and Roofing are expected to hold the largest share of the Building Boards Market, demand for these applications is increasing due to their application in the recovery of housing.

Building Boards Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Building Boards Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to dominate the market due to increasing demand for Building Boards in the US during the forecasted period.

Key Players

The “Global Building Boards Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Kronospan, Stone Rex, Blue Ridge Fiberboard, Boise Cascade Holdings LLC, Collins Companies Incorporated, Plum Creek Timber Company Incorporated, Anisworth Lumber Company Limited, Confor Corporation, and McEwen Group.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• March 2022 – Kronopson has become a partner with National Building Specification (NBS) which is a UK-based business providing construction specification information used by architects, engineers, and other business professionals.

• May 2022 – Kronopson investing $46 Million in Oxford, the city of Oxford in partnership with Calhoun Country Economic Development Council will receive 46 Million investment from a manufacturing company Kronopson.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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