North America Building & Construction Sheets Market Size
|Study Period||2019 - 2028|
|Base Year For Estimation||2022|
|Forecast Data Period||2023 - 2028|
|Historical Data Period||2018 - 2021|
|CAGR||> 4.00 %|
*Disclaimer: Major Players sorted in no particular order
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Building & Construction Sheets Market Analysis
The North American buildings and construction sheets market is anticipated to record a CAGR of approximately 4% during the forecast period 2022-2027.
The COVID-19 pandemic caused immense disruptions in construction works across North America. Manufacturing companies faced a range of challenges owing to the shortage of raw materials. Many small companies operate only in a limited geographic range, while larger producers have many production facilities spread across the United States.
Building and construction sheets are meant to provide protection, insulation, cladding, and a variety of other beneficial features at a low cost. Roofing materials include corrugated sheets, polycarbonate sheets, and metal sheets. Governments in the United States and Canada are expected to increase construction spending to satisfy expanding industrial and public infrastructure needs, which is expected to drive demand for products in construction applications.
Construction sheets are expected to witness high penetration in roofing applications in the United States due to the increasing demand for polymer and metal sheets in industrial and residential applications. Additionally, the demand for metal sheets in HVAC applications to improve overall ventilation abilities is expected to drive the market.
North America Building & Construction Sheets Market Trends
This section covers the major market trends shaping the North America Building & Construction Sheets Market according to our research experts:
Demand for Construction Sheets Increasing in the US Residential Sector
The value of public residential construction spending in the United States between 2016 and 2021 varied over time. In 2019, the public sector spent approximately USD 6.6 billion on residential construction projects. Just the year after, the value increased drastically, reaching almost USD 9.15 billion. In 2021, the total new residential construction put in place in the United States amounted to over USD 10.70 billion. Due to the increase in the construction of residential property roofing, the industry has grown in the last few years.
To understand key trends, Download Sample Report
Increasing Usage of Asphalt Roofing in the Canadian Construction Industry
Canadian construction was booming in both residential and non-residential construction in 2021. The government announced a plan to invest CAD 2.7 billion (USD 2.1 billion) to build or repair 1.4 million affordable housing units over the next four years and reduce greenhouse gas emissions between 40-45% of the 2005 levels before the end of this decade.
To support affordable housing construction across the country, Canadian financial services provider BMO Financial Group announced a commitment of CAD 12 billion (USD 9.4 billion) to support affordable housing projects across Canada until 2030. Additionally, the long-term output in the Canadian construction industry will also be supported by the government's plan (announced in February 2021) to invest CAD 14.9 billion (USD 12 billion) in public transport projects over the next eight years.
To understand geography trends, Download Sample Report
North America Building & Construction Sheets Industry Overview
The North American buildings and construction sheets market is highly fragmented, with no player holding a significant share to influence the market. Some of the key players in the North American market include Owens Corning Corporation, Certainteed LLC, Johns Manville Corporation, United States Gypsum Company, and Atlas Roofing Corporation.
North America Building & Construction Sheets Market Leaders
Owens Corning Corporation
Johns Manville Corporation
United States Gypsum Company
Atlas Roofing Corporation
*Disclaimer: Major Players sorted in no particular order
North America Building & Construction Sheets Market News
In September 2021, Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, announced the acquisition of Crawford Industries LLC. This partnership is expected to provide Spartech with new opportunities to grow and strengthen its abilities to develop and deliver standard and custom plastic sheet and packaging products to its valued customers.
In September 2021, Johns Manville (JM), a leading global manufacturer of energy-efficient building and industrial insulation products and a Berkshire Hathaway company, announced the addition of JM Corbond High Yield Open-cell Spray Polyurethane Foam to its line of building insulation products.
North America Building & Construction Sheets Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Technological Innovations in Building and Construction Sheets
4.3 Industry Value Chain/Supply Chain Analysis
4.4 Impact of Government Regulations and Initiatives in Building and Construction Sheets Industry
4.5 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitutes
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Material
6.2 By End User
6.3 By Country
6.3.1 United States
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Owens Corning Corporation
7.1.2 Certainteed LLC
7.1.3 Johns Manville Corporation
7.1.4 United States Gypsum Company
7.1.5 Atlas Roofing Corporation
7.1.6 Spartech Corporation
7.1.7 North American Roofing Services Inc.
7.1.9 National Gypsum Services Company
7.1.10 Elasto Proxy Inc.*
- *List Not Exhaustive
8. FUTURE OUTLOOK OF THE MARKET
North America Building & Construction Sheets Market Research FAQs
What is the current North America Building and Construction Sheets Market size?
The North America Building and Construction Sheets Market is projected to register a CAGR of greater than 4% during the forecast period (2023-2028).
Who are the key players in North America Building and Construction Sheets Market?
Owens Corning Corporation, Certainteed LLC, Johns Manville Corporation, United States Gypsum Company and Atlas Roofing Corporation are the major companies operating in the North America Building and Construction Sheets Market.
North America Building and Construction Sheets Industry Report
Statistics for the 2023 North America Building and Construction Sheets market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Building and Construction Sheets analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.