Particle Board Market Size, Growth, Scope and Forecast 2022-2027

 According to IMARC Group’s latest report, titled  “Particle Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” the global particle board market was worth US$ 21.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.9 Billion by 2027, exhibiting a CAGR of 3.9% during 2022-2027.

Particle board, also known as low-density fibreboard (LDF), refers to an engineered wood which is produced using a mixture of sawmill shavings, wood chips, sawdust, and a synthetic resin. These raw materials are then pressed together and extruded in order to form a sheet of particle board. Particle board finds vast applications as a building material in several global building projects. Additionally, a variety of particle boards is available in the market based on their sizes, density, geometry of particle and amount of adhesive used.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Particle Board Market Drivers:

Particle board is considered as one of the significant construction materials as it is dense, affordable, uniform, light-weight, easy to install and environment-friendly in nature. This represents one of the primary factors which is facilitating the growth of the global particle board market.Particle board is widely used in recording studios and concert venues on account of its remarkable sound-absorbing properties. Moreover, it is also used in preparing household furniture like doors, windows, bookcases, cupboards, kitchen cabinets and modular partition systems.Particle board is considered as one of the lightest fibre-board type owing to which it is extensively used for enhancing the aesthetic appeal of an institution by painting and laminating it.

Particle Board Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

• Kastamonu Entegre
• Roseburg Forest Products Co.
• Norbord Inc.
• Boise Cascade Company
• Columbia Forest Products, Inc

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global particle board market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on application and sector.

Breakup by Application:

• Residential
• Commercial

Breakup by Sector:

• New Construction
• Replacement

Breakup by Region:

• Asia-Pacific
• North America
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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