The Oriented Strand Board Global Market Report 2023, provides comprehensive information on the oriented strand board market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global oriented strand board market size is expected to grow from $20.85 billion in 2022 to $23.94 billion in 2023 at a compound annual growth rate (CAGR) of 14.79%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global oriented strand board market size is expected to reach $40.54 billion in 2027 at a CAGR of 14.07%.
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Product innovation is the key trend gaining popularity in the oriented strand board market. Companies operating in the oriented strand board market are innovating new products to sustain their position in the market. For instance, in February 2022, Medite Smartply, a UK-based manufacturer of sustainable timber panels, launched ‘The Smartply Sure Step’, an oriented strand board/3 panel with a durable coating. The Smartply Sure Step is manufactured with high-performance and innovative coating that enables slip resistance and improved durability.
The oriented strand board market is segmented:
1) By Grade: Oriented Strand Board/1, Oriented Strand Board/2, Oriented Strand Board/3, Oriented Strand Board/4
2) By Application: Construction, Furniture, Flooring, Packaging, Other Applications
3) By Distribution Channel: Online, Offline
4) By End User: Residential, Non-Residential
North America was the largest region in the oriented strand board market in 2022.
The table of contents in TBRC’s oriented strand board market report includes:
1. Executive Summary
2. Oriented Strand Board Market Characteristics
3. Oriented Strand Board Market Trends And Strategies
4. Oriented Strand Board Market – Macro Economic Scenario
5. Oriented Strand Board Market Size And Growth
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26. Africa Oriented Strand Board Market
27. Oriented Strand Board Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oriented Strand Board Market
29. Oriented Strand Board Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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