GCC Exterior Sheathing Market to Reach US$ 125.3 Million by 2028

According to the latest report by IMARC Group, titled "GCC Exterior Sheathing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The GCC exterior sheathing market size reached US$ 86.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 125.3 Million by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

Request Free Sample Report: https://www.imarcgroup.com/gcc-exterior-sheathing-market/requestsample

GCC Exterior Sheathing Market Outlook:

Exterior sheathing, wall sheathing, or sheathing panels refers to a critical component in the construction of buildings. It is a coating that is put on the outside of the frame pieces that serves multiple purposes in the overall building envelope system. It is manufactured from plywood, oriented strand board (OSB), or gypsum board, exterior sheathing provides structural stability, insulation, weather protection, and a smooth surface for the application of exterior finishes for enhancing the building's structural stability is one of the outside sheathing's main purposes. It helps to distribute the loads applied to the walls or roof evenly across the framing members, improving their strength and rigidity. By providing a continuous layer over the frame, sheathing panels add strength to the entire structure, making it more resistant to various forces like wind, seismic activity, and vertical loads.

GCC Exterior Sheathing Market Trends:

Significant growth in the construction industry majorly drives the market in the GCC region. This can be supported by the growing product utilization of exterior sheathing for structural support, weather resistance, and thermal insulation to buildings. Along with this, increasing emphasis on energy efficiency and sustainable building practices is significantly supporting the market. In addition, governments and regulatory bodies are implementing stringent energy codes and standards, prompting builders and developers to adopt energy-efficient construction methods, which is positively influencing the market.

Apart from this, the rising awareness of climate change and the need for resilient building solutions are contributing to the market. Furthermore, the development of new materials and systems that offer enhanced performance, ease of installation, and reduced environmental impact is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and technological advancements.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/gcc-exterior-sheathing-market

Key Market Segmentation:

Breakup by Sheathing Type:

• Structural Exterior Sheathing
• Non-Structural Exterior Sheathing

Breakup by Product Type:

• OSB (Oriented-Strand Board)
• Plywood
• Particle Board
• Medium Density Fibreboard (MDF)
• Others

Breakup by Application:

• Wall
• Roof
• Others

Breakup by End Use Sector:

• Residential
• Commercial
• Industrial
• Institutional

Breakup by Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Browse More Research Reports:

• https://www.digitaljournal.com/pr/news/imarc/plant-based-seafood-market-size-2023-leading-companies-share-growth-demand-swot-and-investment-opportunities-by-2028
• https://www.digitaljournal.com/pr/news/united-states-refrigerated-transport-market-to-reach-us-5-9-billion-by-2028-cagr-of-4-4-
• https://www.digitaljournal.com/pr/news/united-states-water-purifier-market-to-reach-us-8-8-billion-by-2028-cagr-of-5-6-
• https://www.digitaljournal.com/pr/news/uav-payload-and-subsystems-market-to-reach-us-15-7-billion-by-2028-cagr-of-7-48-
• https://www.digitaljournal.com/pr/news/high-density-polyethylene-hdpe-market-to-reach-us-100-0-billion-by-2028

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.