Particle Board Market To Witness Significant Growth Due To Rising Demand, Scope, Product Types, And Its Applications, Worldwide

November 07 00:35 2018

“Radiant Insights, Inc.”
Particle Board Market report offers the most up-to-date industry data on the actual market situation, and future outlook for particle board in the world and in the top 10 global countries.

The global particle board market is predicted to grow at stable CAGR over the forecast period (2017 to 2022), according to a report available on Radiant Insights, Inc. Growing need for light-weight construction materials is anticipated to propel demand for particle boards. These boards are expected to be made from sawmill shavings, wood chips, and synthetic resins, when pressed and extruded. Particle can be distinguished on the basis of amount of adhesive used, geometry and size of particles, and density to which panels are pressed. Rising number of construction activities globally can augment growth of market. Shifting consumer preference for particle boards over conventional boards attributed to light weight and superior strength to weight ratio can stimulate market expansion. Easy availability and abundance of raw material fibers required to make particle boards can boost market growth in the forthcoming years. Effective properties like moisture resistance, fire resistance, and high temperature resistance can spur demand for particle boards. This factor can influence market expansion over the forecast period. Particle boards can lose their characteristic strength with passage of time. This factor can hamper growth of market over the forecast period. In addition, these boards cannot be used for outdoor applications unless they are treated with sealing agent. This, in turn, can obstruct market expansion in the forthcoming years.

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To cater to rising demand for particle boards, most companies are likely to invest in R&D activities to develop advanced boards. For instance, Timber Products Company is expected to offer particle boards which contain 100% post-industrial recycled fiber. This board can provide superior screw-holding power and machinability. In addition, they can resist sagging, wrapping, and chip-out. Moreover, the boards can be used in various commercial and industrial applications owing to their availability in all grades to fit consumer’s need. The particle board market can be segregated on the basis of raw material, product type, application, and region. Based on raw material, the market can be categorized into shavings, flakes, chips, and sawdust. Flakes segment is expected dominate the market and account for largest market share. It is expected to be a small size particle having predetermined dimension. It can be produced by using specific equipment. Based on product type, the market can be classified into particle board of wood and particle board of other ligneous materials. Based on application, the market can be divided into residential and commercial. In 2016, residential segment held largest market share. The segment is anticipated to witness similar growth during the forecast period. Increasing use of plywood in various residential applications like kitchen furniture, doors, and beds can drive growth of segment. Regional segmentation includes North America, Europe, Asia Pacific, and Latin America. In 2015, North America and Europe dominated the market and accounted for significant market share. The regions are predicted to witness market growth at similar pace over the forecast period attributed to rising demand from various end-user sectors. In Asia Pacific and Latin America, the market is projected to grow over the forecast period owing to increasing R&D investments by key players operating in these regions. In addition, growing number of construction activities in China and Japan can further augment demand for particle boards. Some of the leading companies operating in the particle board market are D&R Henderson Pty Ltd, Krifor Industries, Associate Decor Limited, Boise Cascade, and Green Land Particle Boards. Most companies are likely to adopt business strategies like merger and acquisitions to maintain their competitive edge over others.

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Table of Contents:

This industry report package includes a global particle board market report as well as country reports from the following countries: Austria, China, France, Germany, Italy, Poland, Spain, Turkey, United Kingdom, United States

Below you can find the table of conparticle board for one of the reports. All the reports have a similar structure and conparticle board so that different countries can be easily compared with each other.

1. Market for Particle Board in the Country in Question 6
Overall Market 6
Market by Type 7
Particle board of wood 8
Particle board of other ligneous materials 9

2. Forecasts and Future Outlook 10
Overall Market 10
Market by Type 11
Particle board of wood 12
Particle board of other ligneous materials 13

3. Market Definition 16

4. Methodology and Sources 17

5. About Global Research & Data Services 18

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