Roofing accounted for nearly a third of residential wood panel demand in 2019 and is expected to remain the leading application through 2024.

Pouches (i.e., flat and stand-up types) will continue to capture additional market share from rigid containers, bags, and film wrap in a wide variety of applications.

Subflooring accounted for 85% of wood panels used in flooring applications in 2019 and will provide the majority of demand growth through 2024.

Stand-up pouches – particularly spouted and inverted types – are gaining a wider presence among retail sauces and condiments.

The pandemic has pushed the nonwovens industry to rapidly adapt to both high demand for crucial end-use products and the limitations of stay-at-home orders and a recession.

Home Depot announced that it was purchasing HD Supply.

Bain Capital announced that it had purchased a majority stake in US LBM, a key US building materials distributor, from Kelso & Company.

Roofing represents the next largest application for asphalt, with demand supported by the large asphalt shingle reroofing market in the US and Canada.

Despite weak homebuilding activity in many markets, demand growth in residential insulation will be supported by rising spending on home renovations.

Appliance sales amid the Covid-19 pandemic is providing opportunities for insulation suppliers.