sourcegoogle news
time2021/12/15
Industry Growth Insights : With 5.6% CAGR, The "Oriented Strand Board (OSB) Market"Size is expected to grow from 9817 million USD In 2020, to reach 14440 Million USD by 2026, The base year considered for the study is 2021, and the forecast period is between 2022 and 2026. There has been an increase in the adoption of Oriented Strand Board (OSB) in various industries such as Construction, Industrial Packaging, Interior Furnishing. Various trade shows and expos have also helped Oriented Strand Board (OSB) manufacturing companies to expand their customer base and contribute significantly to the growth of the Oriented Strand Board (OSB) market. The objective of the report is to provide a detailed analysis of the Oriented Strand Board (OSB) market based on types i.e. OSB/1, OSB/2, OSB/3, OSB/4 and geography. The report provides detailed information regarding the major factors influencing the growth of the Oriented Strand Board (OSB) market. The report also gives a detailed overview of the Oriented Strand Board (OSB) value chain and analyzes the market trends.
Short Description About Oriented Strand Board (OSB) Market 2021:
OSB is an engineered wood structural panel that is rapidly gaining popularity for various applications. It is a sheet material in which rather long strands of wood are bonded together with a synthetic resin adhesive. Sometimes in all three layers, but usually only in the outer layers of these panels, the strands are orientated in a particular direction. OSB varies in colour from a light straw colour to a medium brown depending on the wood species, resin system and pressing conditions.
Currently, there are several producing companies in the world oriented strand board (OSB) industry. The main players are Norbord, LP, Georgia-Pacific, Kronospan and Weyerhaeuser NR Company. The global sales of oriented strand board (OSB) will increase to 31769 K m³ in 2018 from 23658 K m³ in 2013 with average growth rate of 6.37%.
Scope of the Oriented Strand Board (OSB) Market Report :
In 2022, The worldwide Market for Oriented Strand Board (OSB) is valued at 9817 million USD in 2020 is expected to reach 14440 million USD by the end of 2026, growing at a CAGR of 5.6% during 2022-2026.
This report focuses on the Oriented Strand Board (OSB) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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