Million Insights
Market Research Released A New Research Report On Global Oriented Strand Board
(OSB) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players,
Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In
The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A
Competitive Landscape For The Market.
Pune, India: Oct. 28,
2019 - Oriented Strand Board (OSB) Market size
was estimated over USD 8.0 million in 2014. The growing substitution of plywood
by OSB in applications such as residential construction and commercial sector
is expected to have a positive impact on market demand. The high strength to
weight ratio and easy installation advantages provided by oriented strand board
are driving market growth of these products.
This product is consumed for both non-structural and
structural applications such as shelving, pallet manufacture, frames,
furniture, industrial tabletops, dry storage pallets, packaging and crafting.
Technological advancements in countries such as Brazil, Russia, China, and
India for the development of new products is anticipated to create new growth
avenues over the forecast period.
To Get Sample Report
visit @ https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market/request-sample
In 2014, construction segment accounted over USD 4.0
million. Increasing consumption of structural insulated panels, industrial
containers, single-layer flooring, subflooring, webs for wood I-joists, wall
and roof sheathing, mezzanine deck, and sheathing ceiling is expected to drive
product demand over the forecast period.
In terms of revenue, packaging is projected to grow at a
CAGR of 29.0% over the forecast period. The high level of strength exhibited by
these products coupled with low prices is boosting demand in this application
segment. Growing packaging industry in countries such as UK, Hong Kong, India,
Canada, Thailand, Taiwan, U.S., Singapore, China, and Australia is likely to
fuel the market growth over the forecast period.
Regional Insights
In terms of volume, North America was the largest global
market and accounted for over 55.0% in market share owing to raw material
availability and strong environmental regulations. The growing export from
Canada is expected to drive market growth over the forecast period.
Asia Pacific witnessed rapid growth in construction and
packaged foods industry. The rising disposable income coupled with urbanization
in emerging economies is expected to have a positive impact on market demand
for oriented strand board.
To Browse Complete
Report visit @ https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market
Market Segment:
Oriented Strand Board (OSB) Application Outlook (Volume, Million square
Meters, Revenue, USD Thousand, 2012 - 2022)
• Construction
• Packaging
• Others
Oriented Strand Board (OSB) Regional Outlook (Volume, Million square
Meters, Revenue, USD Thousand, 2012 - 2022)
• North America
• U.S
• Europe
• Germany
• U.K
• Asia Pacific
• China
• India
• Latin America
• Brazil
• MEA
• Saudi Arabia
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