North America Building And Construction Sheets Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 25.32 Billion |
| Market Size (2029) | USD 31.95 Billion |
| CAGR (2024 - 2029) | 4.67 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Building And Construction Sheets Market Analysis
The North America Building and Construction Sheets Market size is estimated at USD 25.32 billion in 2024, and is expected to reach USD 31.95 billion by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
- The goal of building and construction sheets is to give you protection and insulation, plus cladding and other great features at a great price. Corrugated sheets are the most common type of roofing material. Polycarbonate sheets and metal sheets are also popular options.
- The US and Canadian governments are planning to spend more money on construction to meet the growing demands of industry and public infrastructure, which will lead to more demand for products used in construction.
- The construction sheets market is expected to grow significantly in the roofing applications market in the US due to the growing demand for polymers and metal sheets in the industrial and residential sectors. The market is also expected to grow in HVAC applications due to the need for metal sheets to improve overall ventilation capabilities.
- The construction sheets are commonly used in industrial buildings like factories, warehouses, and manufacturing plants as they provide fire and corrosion resistance, making them safer for industrial use.
North America Building And Construction Sheets Market Trends
Demand for Construction Sheets Increasing in the US Residential Sector
Spending on public residential construction in the United States increased significantly between 2002 and 2022. The public sector spent nearly USD 9.3 billion on residential construction projects in 2021, a slight decrease from 2020. The biggest year-on-year increase occurred in 2020 when public residential spending reached USD 9.5 billion, a record high. The total value of residential construction completed in the United States is expected to continue to grow over the next few years. Due to the increase in the construction of residential property roofing, the industry has grown in the last few years.
Increasing Usage of Asphalt Roofing in the Canadian Construction Industry
Canadian construction is booming in both residential and non-residential construction in 2023. The government of Canada and the government of Yukon are investing USD 8.32 million to construct at least nine new low-cost dwellings in the city and to support significant renovations and improvements to a transitional home for women called Kaushee’s Place, located near downtown Whitehorse.
The Rapid Housing Initiative (RHI) is set to be extended for a second two-year period, beginning in the 2022-23 budget year. Budget 2022 proposes USD 1,5 billion to support the extension of the RHI, with the aim of creating a minimum of 6,000 units of affordable housing. At least 25% of the new funding will be earmarked for women-centered housing projects.
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.
North America Building And 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 And Construction Sheets Market Leaders
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Owens Corning Corporation
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Certainteed LLC
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Johns Manville Corporation
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United States Gypsum Company
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Atlas Roofing Corporation
*Disclaimer: Major Players sorted in no particular order
North America Building And Construction Sheets Market News
- June 2023: Saint-GOBain announced that it has closed a definitive agreement to acquire Building Products Corp., a privately owned Canadian roofing shingle manufacturer and manufacturer of wood fiber insulation panel residential shingles, for an undisclosed sum in cash. The transaction is expected to close in 2021 and is expected to value Building Products at approximately C$1.325 million (roughly USD 979,37 million). As a market leader in light and sustainability construction in Canada, this acquisition is a logical next step to strengthen the company’s position in the market. Incorporating Building Products Corp. will enable the company to better serve its Canadian customers, who will benefit from a wider innovative and sustainable portfolio of solutions.
- February 2023: Holcim has made a deal to buy Duro-Last. Duro-Last is the top commercial roofing company in the US, with a pro forma net income of USD 540 million.
North America Building And Construction SheetsMarket Report - Table of Contents
1. INTRODUCTION
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
5.1.1 Increasing construction spending by governments
5.1.2 Growing popularity of interior design and architecture is likely to increase the demand for polymer sheets
5.2 Market Restraints
5.2.1 Shortage of Raw Materials
5.3 Market Opportunities
5.3.1 Bio-Based Polymer Sheets
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
6.1.1 Bitumen
6.1.2 Rubber
6.1.3 Metal
6.1.4 Polymer
6.1.5 Other Materials
6.2 By End User
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Other End-Users
6.3 By Country
6.3.1 United States
6.3.2 Canada
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.
7.1.8 Etex
7.1.9 National Gypsum Services Company
7.1.10 Elasto Proxy Inc.*
- *List Not Exhaustive
8. FUTURE OUTLOOK OF THE MARKET
9. APPENDIX
North America Building And Construction Sheets Industry Segmentation
Building and construction sheets are used for the designing of buildings, which fulfill spatial, environmental, and visual requirements. This report provides an analysis of market insights, dynamics, technological innovations, new trends, initiatives taken by the government in this sector, and the impact of the COVID-19 pandemic on the market.
The North American buildings and construction sheets market is segmented by material (bitumen, rubber, metal, polymer and other materials), end user (residential, commercial, industrial and other end-users), and country (United States and Canada). The report offers the size and forecasts for all the above segments in value (USD) for the above mentioned sections.
| By Material | |
| Bitumen | |
| Rubber | |
| Metal | |
| Polymer | |
| Other Materials |
| By End User | |
| Residential | |
| Commercial | |
| Industrial | |
| Other End-Users |
| By Country | |
| United States | |
| Canada |
North America Building And Construction SheetsMarket Research FAQs
How big is the North America Building and Construction Sheets Market?
The North America Building and Construction Sheets Market size is expected to reach USD 25.32 billion in 2024 and grow at a CAGR of 4.67% to reach USD 31.95 billion by 2029.
What is the current North America Building and Construction Sheets Market size?
In 2024, the North America Building and Construction Sheets Market size is expected to reach USD 25.32 billion.
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.
What years does this North America Building and Construction Sheets Market cover, and what was the market size in 2023?
In 2023, the North America Building and Construction Sheets Market size was estimated at USD 24.19 billion. The report covers the North America Building and Construction Sheets Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Building and Construction Sheets Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Building And Construction SheetsIndustry Report
Statistics for the 2024 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 for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
