Building Boards Market – 5 Key Facts
After relatively high levels of growth in 2015 and 2016, demand for building boards eased off in 2017 due to slowing down in construction activity, reaching an estimated value of £1.1bn.
- Rigid polymer insulation boards account for around 50% of the total building boards market, by value.
- There are just three manufacturers of plasterboards dominating the UK market, with the largest of these accounting for an estimated 50% of the market.
- Steady growth of 3% per annum is forecast to 2020, reflecting modest forecast growth for overall construction notwithstanding the impacts of ‘Brexit.
- A key underlying driver for building boards is the ongoing need for accelerated housing development, in particular Affordable Housing.
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