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Global Medium Density Fiberboard (MDF) market report, market size, share, trends, analysis and forecast to 2028
Stratistics MRC's Global Medium Density Fiberboard (MDF) Market value is expected to reach $40.50 billion growing at a CAGR of 8.83% during 2022-2028.The engineered wood product known as medium-density fiberboard (MDF) is made of wood fibres combined with wax and resin before being heated and crushed into flat panels. It is denser than plywood and does not swell or shrink in wet or humid conditions. When compared to other wood products, it also provides greater quality and is typically offered at a substantially lower price range. MDF is frequently used in a range of household and commercial projects, including flooring, furniture, cabinetry, ceiling moulding, and industrial packaging, as a result of these benefits.
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By geography, Asia Pacific Medium Density Fibreboard is anticipated to hold the highest share during the forecast period. Owing to the rising residential housing costs in emerging nations is anticipated to play a significant role in driving demand for MDF panels in the construction sector. Due to the significant product penetration in the construction and furniture manufacturing industries, China was the largest buyer of MDF panels.
Some of the key players profiled in the Medium Density Fibreboard Market include Duratex, Fantoni Spa, Greenpanel, M. Kaindl KG, VRG Dongwha, West Fraser Timber Co. Ltd. , Weyerhaeuser, Kronospan, Roseburg Forest Products, Unilin, Egger, Uniboard, Rushil Décor, Swiss Krono Group, Centuryply, Daiken Corporation, Kastamonu Entegre, Korosten MDF manufacture, Masisa SA (Grupo Nueva Company), ARAUCO
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● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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