Category: Construction
Construction market research reports by Freedonia Group
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Global Fiberglass Insulation
Global Fiberglass Insulation Global Fiberglass Insulation Global demand for fiberglass insulation is projected to increase 3.3% annually through 2028 to $16.4 billion. Its continued popularity in North America will sustain demand. However, it is widely used in other regions as well. Markets for fibe ... Read More
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Global HVAC Insulation
Global HVAC Insulation Global HVAC Insulation Global demand for insulation used in HVAC and air distribution applications is projected to increase 4.3% annually through 2028 to $7.1 billion. Demand will be driven by increased HVAC equipment due to the growing use of air conditioning in many developi ... Read More
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Global Residential Insulation
Global Residential Insulation Global Residential Insulation Global demand for insulation used in residential building applications is projected to increase 3.2% annually through 2028 to $21.6 billion. Demand will be driven by growth in new residential construction in Central and South America, and t ... Read More
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Global Acoustic Insulation
Global Acoustic Insulation Global Acoustic Insulation Global demand for acoustic insulation is projected to increase 4.4% annually through 2028. Nonresidential building activity around the world will be the main, but not only, driver of demand. Acoustic insulation materials include: Foamed Plastic F ... Read More
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Global Transportation Equipment Insulation
Global Transportation Equipment Insulation Global Transportation Equipment Insulation Global demand for insulation used in transportation equipment applications is projected to increase 5.6% annually through 2028 to $1.7 billion. Demand will be driven by an improved outlook for light vehicle product ... Read More
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Global Insulation
Global Insulation This research report provides a comprehensive analysis of the global insulation market, detailing the supply and demand dynamics. It presents historical trends and future projections for insulation materials, including demand in dollars and square meters R-1, as well as production ... Read More
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US Roofing
US Roofing Demand for US roofing is projected to stagnate at 25.2 billion through 2028, a significant deceleration from the 2018-2023 period. Most roofing product prices will moderate following price spikes that occurred due to supply chain issues and high raw material costs. However, market value i ... Read More
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US Countertops
US Countertops Demand for countertops in the US is forecast to increase 2.4% per year from a low (by recent standards) 2023 base to 935 million square feet in 2028, valued at $8.6 billion. Following a decline in residential renovation in 2023 and a mixed housing market environment in 2024, demand wi ... Read More
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US Cabinets
US Cabinets Demand in volume terms for cabinets in the US is forecast to rise at an annual average rate of 1.1% to 135 million units in 2028. Real growth will be restrained by declines in conventional housing completions, as cabinets are typically installed at the end of home construction: Single-fa ... Read More
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Global Silicone Fluids
Global Silicone Fluids Global demand for silicone fluids is expected to rise 3.1% per year to 1.3 million metric tons in 2028, with value demand reaching $11.4 billion in that year. After a period of decelerating or declining demand, this increase in demand is generally supported by accelerating con ... Read More
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Global Silicone Resins
Global Silicone Resins Global demand for silicone resins is expected to rise 3.5% per year to 246,900 metric tons in 2028, with value demand approaching $2.8 billion in that year. After a period of decelerating or declining demand, this increase in demand is generally supported by accelerating const ... Read More
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Global Silicones
Global Silicones Global demand for silicones is forecast to grow 3.2% yearly, reaching 3.0 million metric tons – valued at $29.9 billion – in 2028. Gains will be supported by accelerating construction and manufacturing activity, as well as an improvement in motor vehicle production. The continuing u ... Read More
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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