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United States Backer Board Market Size, Share & Growth Analysis,2020-2027

United States Backer Board Market Size, Share & Growth Analysis,2020-2027

The United States backer board market share is expected to retain a dominant position in the following years. The volumetric growth in the U.S. is expected to grow approximately at 50% in the near future.

Rise in exports for raw material used in construction and growth in spending has been a major growth factor in the U.S. market. Adoption of innovative trends and spending on construction constitute as major trends in the U.S. On this backdrop, the backer boards have gained a traction in the regional markets of United States. Backer boards are commonly termed as Cement Boards and these products are readily applied for load carrying and non-load carrying or steel framing to lead in high performance.

Market Trends:

The backer boards are engineered in a way so that they are installed to offer superior quality. The manufactured products comply with prescribed specifications to result in increased performance. The performance can be increased by using modified adhesives and mortars that are extremely durable and offer resistance to impact and weather. Manufacturers are now focusing on product quality and compatibility that suits all climate. For instance, Permabase substrate is an efficient product with wider availability that is directly used for external applications.

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Drivers:

The United States backer board market is set to achieve a CAGR of 3% attributing to the rise in construction activities with modern amenities. Moreover, the boards can are used in the residential sector for their features such as waterproof fixtures, tile coverings, and durability. During summers, the backer boards offer protection from heat and enable heat insulation. In the U.S. backer boards have an extraordinary importance during construction.

The regional markets are loaded with a great number of options such as cement, gypsum, and drywall wood products. Majority of these products come with their own benefits.

Restraints:

The backer board market is restrained due to the low load carrying capacity and high costs. Also, the maintenance being high has resulted in second preference by consumers. However, construction products are getting better in payload and carrying capacity. This can help the market attain leading position in the forthcoming period.

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Segmentation:

By Product

Cement Board Size is the Dominating Type

By product, the United States backer board market segmentation comprises foam tile backer boards, cement board, and glass mat gypsum boards. Cement backer boards are likely to attract a significant growth attributing to the rise in preference for standard size. These are primarily used in residential applications wherein water permeation and water leakage are major problems.

 

 

By Application:

Wall Applications To Retain High Share

Based on application, the United States backer board market segmentation comprises ceilings, wall, and floor. Wall applications are likely to hold a high significance owing to the rise in demand for wall applications. Rise in modernized interiors are more likely to encourage a significant market development.

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Key Players:

The United States backer board market report contains key players such as Allura, James Hardie, Nichiha, CertainTeed(Saint-Gobain), Johns Manville, USG Corporation, Framecard, Soben Board, Cembrit, Custom Building Products, and National Gypsum Company. The key players are adopting partnership strategies and collaborations to gain a higher landscape. Also, mergers and acquisitions are helping the key players to improve their product portfolio and enhance market position. Innovation has been at the center in the growth of industry.

 

List Of Key Companies Profiled:

 

  • Allura
  • James Hardie
  • Nichiha
  • CertainTeed (Saint-Gobain)
  • Johns Manville
  • USG Corporation
  • Framecard
  • Soben Board
  • Cembrit
  • Custom Building Products
  • National Gypsum Company.

 

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   Our reputed “market research & consulting” portal, “Eternity Insights” publishes industry/market reports, equity & financial data, and analytical research reports. We focus on almost all industries and deeply examine their segments & sub-segments. Our platform further probes the market revenues, ongoing trends, driving/preventive factors of the industries, key categories & sub-categories, competitive overview, etc.

     Via its innovative approaches, the firm analyzes data and aims to meet the requirements of its customers. We assist clients with setting up their businesses, promoting their products & services, and informing them about mergers & acquisitions. Our team studies market reports in details & roles out consulting services to the customers for their expansion.

Contact Us:

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Address: Eternity Insights

Office No.A-3/308, 3rd Floor, Premnagar Complex,

Thane, Mumbai, MH, 400605,  India.

Phone: +91 8459596463

Email:[email protected]

 

 

 

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