Oct 28, 2022   SOURCE: BusinessWire

Global Oriented Strand Board Market Report to 2030 - Featuring Coillte, Egger Holzwerkstoffe, Koch Industries and Kronospan Among Others - ResearchAndMarkets.com

The "Global Oriented Strand Board Market By Grade, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global oriented strand board market was valued at $25,550.2 million in 2020, and is projected to reach $44,320.8 million by 2030, growing at a CAGR of 5.4% from 2020 to 2030.

Oriented strand board is a widely used, versatile engineered wood board made from waterproof, heat curing adhesives, and rectangular shaped strands of wood arranged in cross-oriented layers. It is a type engineered wood and is similar in strength and performance to plywood and resists deflection and warping. The oriented strand board market is primarily driven by increase in renovation and remodeling of older homes.

In addition, new housing projects are also responsible for growth of the oriented strand board market. Since, wood-based materials are also cost-effective and environment friendly alternative to other wood and cement products, use of these materials as a replacement for building materials is on the rise. In addition, wood-based materials release fewer harmful by-products during manufacture than emission-intensive materials such as concrete, steel, or aluminum.

Therefore, oriented strand board or wood-based materials are expected to minimize gas emissions. In addition, adhesive/resins used in strand board are environment friendly and stable and do not generate greenhouse gases.

This has led to increase in use of engineered wood and oriented strand board by builders and architects. Moreover, rise in construction related activities globally is expected propel demand for oriented strand boards, which is expected to provide lucrative opportunities for growth of the global oriented strand board market.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global oriented strand board market analysis from 2020 to 2030 to identify the prevailing global oriented strand board market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global oriented strand board market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global oriented strand board market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Grade

  • OSB/1
  • OSB/2
  • OSB/3
  • OSB/4

By Application

  • Construction
  • Furniture
  • Flooring
  • Packaging
  • Others

By End User

  • Residential
  • Non-residential

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • Italy
  • France
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Coillte
  • Egger Holzwerkstoffe GmbH
  • Koch Industries (Georgia Pacific)
  • Kronospan Ltd
  • Louisiana Pacific Corporation
  • West Fraser
  • swiss krono group
  • sonae industria
  • tolko industries
  • Weyerhaeuser Company

For more information about this report visit https://www.researchandmarkets.com/r/e47i55