by Corinne Gangloff
January 4, 2021
Roofing accounted for nearly a third of residential wood panel demand in 2019 and is expected to remain the leading application through 2024, according to a new Freedonia Group analysis:
OSB is the dominant residential roofing wood panel product and is expected to increase its market share through 2024 at the expense of softwood plywood because of its superior durability and lower cost.
Oriented strand board (OSB) is the leading residential wood panel product, as it is used in a number of structurally essential applications, including subflooring, roofing, wall sheathing, and siding. OSB is expected to see increased use in many of these applications because of its:
Want to Learn More?
Residential Wood Panels is now available from the Freedonia Group. This study examines the US market for wood panels in residential buildings. This includes structural boards (oriented strand board (OSB) and softwood plywood) as well as nonstructural boards:
The residential market includes new and improvement and repair applications for:
Historical data for 2009, 2014, and 2019 and forecasts to the years 2024 and 2029 are provided for wood panel shipments and demand in square feet and current dollars.
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