Oriented strand board market size, oriented strand board market research, oriented strand board market growth, oriented strand board market analysis, oriented strand board market overview, oriented strand board industry research.
How Has the Market for Oriented Strand Board Evolved and What Could be the Future Forecasts?
The oriented strand board market size has witnessed significant growth in recent years, expanding from $27.38 billion in 2024 to a predicted $31.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.1%. This growth can be attributed to the boom in housing construction, cost-effectiveness of OSB, environmental sustainability, and emerging trends in renovation and remodeling, urbanization, and infrastructure development.
The oriented strand board market is anticipated to experience rapid growth in the coming years, reaching $53.44 billion in 2029 at a compound annual growth rate (CAGR) of 14.1%. This future growth could be driven by global population growth, advancements in specialty OSB products, resilience to economic fluctuations, focus on energy-efficient construction, and innovation in construction design.
Get Your Free Sample of The Global Oriented Strand Board Market Report:
What is Driving the Growth of the Oriented Strand Board Market?
The growth of the oriented strand board market is poised to be driven by the rising construction of green buildings. Advancements in sustainable construction, led by increasing global awareness about environmental sustainability and resource efficiency, have bolstered the market for oriented strand board materials. In fact, oriented strand boards are frequently used as structural sheathing material, insulated panels, and roof planking in green buildings. The US Green Building Council reported a 19% increase in the number of green building certifications in November 2022, reflecting a trend that is expected to drive the oriented strand board market growth further.
Which Major Segments Dominate the Oriented Strand Board Market?
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
Order your report now for swift delivery:
Which Major Players Are Leading the Oriented Strand Board Market?
Several major players have been shaping the oriented strand board market, including EGGER Holzwerkstoffe Brilon GmbH & Co. KG., Kronospan Ltd., Louisiana Pacific Corporation, West Fraser Timber Co. Ltd., Swiss Krono Group, Sonae Industria SGPS SA, Norbord Inc., Tolko Industries Ltd., Weyerhaeuser Company, Ainsworth Lumber Co. Ltd., Arbec Forest Products Inc., Roy O. Martin Lumber Company LLC, Suncrest Plydecor, Hutchison Incorporated., LP Building Solutions, Huber Engineered Woods LLC, Georgia-Pacific Wood Products LLC, PotlatchDeltic Corporation, Stora Enso Oyj, Metsä Group, Dongwha Enterprise Co. Ltd., Hexion Inc., Nippon Paper Industries Co. Ltd., Ormet S.p.A., Pfleiderer Group, Resolute Forest Products Inc., Stimson Lumber Company.
What Trends Are Shaping the Oriented Strand Board Market?
Product innovation is a key trend influencing the oriented strand board market. Operators in this market are focusing on the innovation of new products to retain their competitive advantage. In February 2022, Medite Smartply, a UK-based manufacturer of sustainable timber panels, launched ‘The Smartply Sure Step’, an OSB/3 panel that leverages innovative and high-performance coating technology to enhance slip resistance and durability.
Which Region Leads the Oriented Strand Board Market?
In 2024, North America was the largest market for oriented strand boards. However, the Asia-Pacific region is expected to register the fastest growth during the forecast period. The report covers the market sizes and trends of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Oriented Strand Board Market Report 2025 Offer?
The oriented strand board (OSB) is an engineered wood panel made from small strands or flakes of wood arranged in layers and bonded together with resin or adhesive under pressure and heat. The Oriented Strand Board Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has established a reputation for providing comprehensive, data-rich research and insights. With 1,500,000 datasets, highly constructive secondary research, and unique insights from industry leaders, we can provide the information you need to stay ahead.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
Twitter: https://twitter.com/tbrc_info
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model