Press release
Medium Density Fiberboard Market Will Procure 24000 million US$ by 2025 at a CAGR of 3.60%
Today, MDF board production is predominantly by the dry process. In many countries, the MDF board market is expanding at the expense of particleboard and high-density fiberboard.
Medium density fiberboard downstream is wide and recently medium density fiberboard has acquired increasing significance in various fields of furniture industry, building materials and interior decoration. Globally, the medium density fiberboard market is mainly driven by growing demand for furniture industry which accounts for nearly 49.86% of total downstream consumption of medium density fiberboard in global.
Global market is expected to witness increase on account of rising global economic recovery, so in the next few years, medium density fiberboard production will show a trend of steady growth. In 2025 the production of medium density fiberboard is estimated to be 115 Million Cubic Meter.
The global Medium Density Fiberboard (MDF) Panels market was 18700 million US$ in 2018 and is expected to 24000 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 2025.
This report studies the Medium Density Fiberboard (MDF) Panels market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Medium Density Fiberboard (MDF) Panels in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kronospan M&P Kaindl
Arauco
Duratex SA
Swiss Krono Group
Nelson Pine
MASISA
Sonae Industria
kastamonu Entegre
Finsa
Yildiz Entegre
Egger
Pfleiderer
Norbord
Georgia-Pacific Wood Products
Swedspan
Dongwha
Guodong Group
Furen Group
DareGlobal Wood
Quanyou
By the product type, the market is primarily split into
Fire-rated MDF
Moisture Resistant MDF
General MDF
By the end users/application, this report covers the following segments
Furniture Industry
Building Materials
Interior Decoration
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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