Press release
Abundance of Raw Materials favors the Global Medium Density Fiberboard (MDF) Market Growth
According to Inkwood Research, the Global Medium Density Fiberboard (MDF) Market is predicted to project a CAGR of 3.72%, and reach revenue of 132.07 billion cubic meters by 2028, during the forecast period, 2019-2028.Browse 41 Market Data Tables and 48 Figures spread over 161 Pages, along with an in-depth analysis of the Global Medium Density Fiberboard (MDF) Market by Product, Application, End-user, and Geography.
Global Medium Density Fiberboard (MDF) Market Scenario
Medium density fiberboard (MDF) is a composite product utilized in several professional and home projects, like cabinetry, flooring, furniture, and speaker boxes, given its machinability, smooth finishing, consistency, and strength. It is manufactured by breaking down softwood or hardwood residuals into wood fibers. The raw materials required to manufacture MDF are abundantly available. Some of these include mixed tropical species, cotton stalks, and rubberwood. With forest plantations expanding rapidly, it is estimated that the demand for fiber and wood in several industries will be met in the coming years. Thus, the availability of raw materials is set to impact the global MDF market growth in a positive manner.
MDF's features, like dimensional stability, resistance, durability, and low production costs, make it a favorable choice in the furniture industry. Thus, the increasing demand for MDF in the furniture sector is driving the market growth. However, stringent government regulations are predicted to restrict the growth of the market.
The Global Medium Density fiberboard (MDF) Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Medium Density Fiberboard (MDF) Market by Product, Application, End-user, and by Geography: https://www.inkwoodresearch.com/reports/medium-density-fiberboard-market/#request-free-sample
Market Segmentation
Market by Product
• Fire resistant MDF
• Standard MDF
• Moisture-resistant MDF
Market by End-User
• Commercial
• Institutional
• Residential
Market by Application
• Packaging System
• Molding, Door and Millwork
• Furniture
• Cabinet
• Flooring
• Other Applications
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• EGGER GROUP
• DARE PANEL GROUP CO LTD
• NELSON PINE INDUSTRIES LIMITED (SUMITOMO FORESTRY CO. LTD)
• ARAUCO
• ROSEBURG
• SWISS KRONO AG
• KRONOPLUS LIMITED (KRONOSPAN LIMITED)
• DAIKEN CORPORATION
• KOROSTEN MDF MANUFACTURE
• KASTAMONU ENTEGRE
• NORBORD INC
• MASISA (GRUPO NUEVA COMPANY)
• DURATEX SA
• FANTONI SPA
• EUCATEX SA
Related Reports
GLOBAL WOOD COATINGS MARKET - The global wood coatings market is projected to exhibit a CAGR of 6.23% during the estimated period, 2019-2027.
GLOBAL WOOD PLASTIC COMPOSITES MARKET - The global wood plastic composites market is estimated to grow at a CAGR of 11.87% between 2020 and 2028.
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Tel: 1-(857)293-0150
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Website: www.inkwoodresearch.com
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