Category: Construction
Construction market research reports by Freedonia Group
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US Ceilings
US Ceilings US demand for ceiling products is forecast to rise 2.1% per year to $2.7 billion, reaching 1.6 billion square feet in 2028. This rate of growth will represent a deceleration as ceiling product prices moderate from a high base caused by supply chain disruptions and high raw material costs ... Read More
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US Flooring
US Flooring Through 2027, US demand for flooring products is forecast to rise 2.5% per year to 30.6 billion square feet, valued at $54.3 billion. Going forward, market advances will be supported by: continuing consumer interest in home improvement projects – such as kitchen and bathroom remodeling – ... Read More
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Global Countertops
Global Countertops Global demand for countertops is forecast to increase an average of 3.0% per year to 652 million square meters in 2028, valued at $49.5 billion. Market advances will be supported by rising installations of countertops – which continue to be selected over freestanding or wall-mount ... Read More
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Global Drywall
Global Drywall Global demand for drywall – also known as plasterboard, wallboard, or gypsum board – is forecast to grow 1.8% per year to 12.2 billion square meters in 2027. Growth will be supported by: an acceleration in growth in the massive Chinese market, as demand recovers from a weak 2022 perfo ... Read More
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US Residential Siding 2024
US Residential Siding 2024 This study examines the US residential siding market, focusing on product types, housing types, applications (new construction and renovation), and regional distribution (Northeast, Midwest, South, and West). The product types analyzed include vinyl, fiber cement, stucco, ... Read More
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US Siding
US Siding Siding demand in the US is projected to increase at an annual average rate of less than 1.0% to 106.8 million squares in 2027. Growth in squares will be restrained primarily by a decline in conventional housing starts that began in 2022 – following significant increases in 2020 and 2021 – ... Read More
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US Luxury Vinyl Tile (LVT) Flooring
US Luxury Vinyl Tile (LVT) Flooring Demand for luxury vinyl tile (LVT) flooring in the US is forecast to increase 8.3% per year to 12.5 billion square feet in 2027, supported by: a continuing shift in US consumer preferences away from carpet to LVT and other hard surface flooring products rising res ... Read More
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US Commercial Roofing
US Commercial Roofing US commercial roofing demand in area terms is projected to increase minimally to 96.3 million squares in 2027. Growth in area terms will be restrained primarily by a slowdown in commercial reroofing activity after increases in 2020 and 2021. Gains will stem from the new commerc ... Read More
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US Gutter Guards
US Gutter Guards US gutter guard demand is forecast to grow 1.3% annually to 360.1 million linear feet in 2027. While this rate of growth is relatively slow, it will be somewhat faster than gutters themselves, and it follows elevated levels of gutter guard demand in 2020 and 2021 and a subsequent mo ... Read More
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US Gutters & Downspouts
US Gutters & Downspouts US demand for gutters and downspouts is forecast to rise less than 1.0% annually to 2.1 billion linear feet in 2027. While this rate of increase is not especially strong, it will represent a return to growth following the declines of the previous period, which were negatively ... Read More
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Global HVAC Equipment
Global HVAC Equipment Global demand for heating, ventilation, and air conditioning (HVAC) equipment is forecast to rise 4.0% annually to $160 billion in 2027, driven by: rising unit sales due to ongoing replacement demand in mature markets and greater uptake of cooling systems in developing HVAC mar ... Read More
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US Wood & Competitive Decking
US Wood & Competitive Decking Demand for decking in the US is forecast to remain stagnate at 3.8 billion lineal feet in 2027 (valued at $12.7 billion), restrained by slow growth in residential improvement and repair activity. Growth will also be limited by the large number of residential decks that ... Read More
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Global Housing
Global Housing Global construction of new housing is forecast to advance 2.1% per year through 2028 to 62.0 million units. Increases will be supported by: expanding urbanization in the Africa/Mideast region, boosting demand for multifamily housing in urban locations above average growth in India – t ... Read More
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US Residential Roofing
US Residential Roofing US residential roofing demand in area terms is projected to increase slightly from an elevated 2022 base to 181.3 million squares in 2027. Growth in area terms will be restrained primarily by a decline in conventional housing starts – following significant increases in 2020 an ... Read More
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US Roofing
US Roofing US roofing demand is forecast to increase slightly from an elevated 2022 base to 277.5 million squares in 2027. Growth in real terms will be restrained, largely due to a decline in conventional housing starts – following a surge in 2020 and 2021 – that began in 2022 and is expected to con ... Read More
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US Roofing Underlayment
US Roofing Underlayment US demand for roofing underlayment is forecast to increase less than 1.0% per year, reaching 208 million squares in 2027 – a sharp deceleration from the growth seen between 2017 and 2022. This slowdown is largely attributable to a decline in conventional housing starts that b ... Read More
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Global Flooring
Global Flooring Global demand for flooring is forecast to rise 4.5% per year to 26.1 billion square meters in 2027, driven by: increased construction of new residential and nonresidential buildings, particularly in the Asia/Pacific region higher spending on improvements and repairs to existing build ... Read More
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Global Construction Chemicals
Global Construction Chemicals Global demand for construction chemicals is forecast to grow 3.4% annually to $92.2 billion in 2027. This will represent a significant deceleration from the pace seen during the 2017-2022 period, when supply chain issues and rising raw material costs caused construction ... Read More
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US Plastic & Composite Fencing
US Plastic & Composite Fencing The US plastic and composite fencing market is forecast to grow minimally to $1.2 billion in 2027, a significant deceleration from the 2017-2022 period, when market value was boosted by a surge in fencing prices in 2021 and 2022 that resulted from a combination of ... Read More
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US Fencing
US Fencing US fencing demand is forecast to grow 1.2% annually to $12.4 billion in 2027, a significant deceleration from the 2017-2022 period, when market value was boosted by a surge in fencing prices in 2021 and 2022 that resulted from a combination of supply chain issues and rising raw material c ... Read More
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Global Off-Road Equipment Market & Technology Outlook 2023
Global Off-Road Equipment Market & Technology Outlook 2023 Global demand for off-road equipment is forecast to climb 6.0% per year to $728 billion in 2027. Gains will be driven by expansion in the Asia/Pacific region as industrializing countries increase mechanization rates and China experiences a n ... Read More
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Building Envelope in North America
Building Envelope in North America Demand for building envelope products in North America is forecast to decline at an annual average rate of 2.1% to US$92.8 billion in 2027. This represents a major reversal from the rapid growth of the 2017-2022 period, due in part to surging prices in 2021 and 202 ... Read More
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Global Construction Machinery
Global Construction Machinery Global demand for construction machinery is forecast to expand 6.1% annually to $317 billion in 2027. Gains will be driven by a significant improvement in sales in China – the world’s largest construction machinery market – following a sharp, pandemic-related decline in ... Read More
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Global Nonresidential Insulation
Global Nonresidential Insulation Global demand for nonresidential insulation is forecast to increase 3.6% per year to 10.8 billion square meters of R-1 value in 2026, driven by: growing manufacturing activity and rising income levels spurring gains in the construction of factories, retail buildings, ... Read More
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Global Foamed Plastic Insulation
Global Foamed Plastic Insulation Through 2026, global demand for foamed plastic insulation is forecast to increase 3.3% per year to 9.7 million metric tons, valued at $29.1 billion. Gains will primarily be driven by: increasing nonresidential building construction, notably in the Asia/Pacific region ... Read More