The global Wood Based Panel market was valued at 10473.93 Million USD in 2021 and will grow with a CAGR of 7.68% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Wood-based panels are sheet materials that contain a significant proportion of wood in one of a variety of forms (strips, veneers, chips, strands or fibres).Wood-based panels are sheet materials that contain a significant proportion of wood in different forms. When engaged in the industry, manufacturers should pay attention on the energy, technology as well as raw materials, which are key factors for the wood based panel industry. According to its different manufacturing technology, wood base panels can be divided into categories, such as PB, MDF, HDF, OSB, plywood and so on. Among those types, plywood accounts for the largest production proportion which was 32.65% in 2015. Wood based panel industry has low technology barrier, which result in large amounts of manufacturers distributing in the each corner of the world. However, when considering the major production base, China has become the largest producer of wood based panel undoubtedly. China`s production was 293267 K Cubic Meter in 2015, holding the 49.55% share in the global market. North America is the follower, who contributed 13.99% production share in 2015. As for consumption, China, North America and Europe are the key consuming regions. China is not only the largest producer of wood based panel, but also the largest consumer. In 2015, the three regions consumed 279778 K Cubic Meter, 88416 K Cubic Meter and 76638 K Cubic Meter respectively, with the total consumption share of 75.16 globally. Considering the current status, information revealed that the wood based panel market still promising. Market insiders think that the wood based panel industry will continue to keep upward tendency in the coming few years with the GACR of 2.66% during the period of 2017-2022. Besides, due to fierce competition in the industry, price and gross margin are estimated to decline further.

By Market Verdors:

Kronospan

Arauco

Daiken New Zealand

Duratex

Georgia-Pacific

Masisa

Swiss Krono Group

Norbord

Louisiana-Pacific

Weyerhaeuser

Egger

Sonae Industria

Pfleiderer

Kastamonu Entegre

Swedspan

Langboard

Finsa

Tolko

Arbec

West Fraser

GVK Novopan Industries Limited

Sahachai Particle Board

Siam Riso Wood Products

Daya

Furen

Sengong

Jianfeng

Shengda

Fenglin

Weihua

By Types:

Particleboard (PB)

Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)

Hardboard

Oriented Strand Board (OSB)

Plywood

By Applications:

Furniture

Construction

Flooring

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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