Oriented Strand Board (OSB) Market Competitive Insights, Production and Demand 2020 to 2023

Global Oriented Strand Board (OSB) Market - Growth, Trends, And Forecast (2020 - 2023)

The report presents an in-depth assessment of the Global Oriented Strand Board (OSB) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Oriented Strand Board (OSB) investments from 2020 till 2023.

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The Global Oriented Strand Board (OSB) market is highly competitive and consists of a number of major players. Companies, like Huber Engineered Woods LLC., EGGER Group, Celulosa Arauco y Constitucin S.A, Sonae Indstria, SGPS, SA, Norbord Inc., Tolko Industries Ltd, Duratex, Georgia-Pacific Wood Products LLC, Weyerhaeuser Company, ante-holz GmbH among others.

Latest news and developments:

June 2018: OSB Production begun at RoyOMartin's Corrigan OSB plant. Construction of the Greenfield plant began in July 2015, and at full capacity, it is expected to ship enough products by road and rail to supply OSB for approximately 70,000 U.S. homes per year.

October 2017: Kronospan announced that it would like to start making a new product, OSB, which is replacing plywood in the construction industry, at its Chirk production facility located in North Wales. The investment would be of over USD 200 million, over the next 3 years, updating and renewing its existing facilities.

September 2017: Norbord completed USD 129 million investments at its mill in Inverness, UK to manufacture OSBs. The product is likely to be produced with machinery from HOLTEC GmbH, a premium equipment manufacturer for the wood industry.

The Global Oriented Strand Board (OSB) market is estimated to witness a moderate growth during the forecast period, 2018-2023. OSB has a strong, dimensionally stable panel that resists deflection, delamination, and warping, and are also light in weight and easy to handle and install. Due to these properties they are finding a wide usage in the construction, furniture and packaging industries, and as these industries grow, they may witness stronger demand.

Increasing Demand due to Desirable Properties, including Strength and Light-Weight

Oriented Strand Board (OSB) is a widely used, versatile structural wood panel. OSB's combination of wood and adhesives creates a strong, dimensionally stable panel that resists deflection, delamination, and warping. In Oriented Strand Board (OSB) panels, thin wood strands are combined with adhesive and then hot-pressed into sheets, because of which wood strands are bonded and then when combined with resins, they produce a stronger and stiffer panel than other products used in similar types of furniture ND construction projects. The material eliminates rings and knots, which makes it more uniform. Their structure gives OSB a great deal of strength, which means it can be used in a broad range of applications, particularly for load-bearing applications. Moreover, OSB panels are relatively lighter in weight and easy to handle and install. The global infrastructure industry has been growing at a healthy rate in recent times. Materials, such as plywood, decorative surface products, and engineered wood panels, like Particleboard, Oriented Strand Board (OSB), and Medium density fiberboard (MDF) are witnessing increased demand due to their usage in furniture and in floors & roofs, walls, door, kitchen cabinets, staircase, etc. OSB stands out as the fastest growing product segment and is being widely used, both, in residential and commercial construction and can be used successfully for exterior walls, sub-flooring, roof decking, etc.

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Key Market Trends:

Asia-Pacific to Witness the Highest Growth Rate in Consumption of Oriented Strand Board (OSB) Market

Asia-Pacific is estimated to witness a healthy growth over the assessment period in Oriented Strand board (OSB) market due to the wide usage of wood-based panels in end-use application segments, such as furniture, construction, and packaging due to their desirable properties. OSBs stand out as the fastest growing segment of wood-based panels, due to their structural stability, lightweight and cheaper cost. The Asia-Pacific, which is a cost-sensitive region, is currently experiencing high investments in residential and commercial construction, especially in China, Japan, Taiwan, and South Korea and in developing economies, such as India, Malaysia, Indonesia, Vietnam, etc. All of these factors are likely to be supported by the ever-increasing population in the region, urbanization, and their purchasing power.

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The key insights of the Oriented Strand Board (OSB) Market report:  
The report provides key statistics on the market status of the Oriented Strand Board (OSB) market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Oriented Strand Board (OSB) market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2023 market development trends of Oriented Strand Board (OSB) Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Oriented Strand Board (OSB) Industry before evaluating its feasibility.

Finally, Oriented Strand Board (OSB) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Oriented Strand Board (OSB) industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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