Particleboard Panels Market Expands as Demand for Affordable and Sustainable Wood-Based Materials Rises | Valuates Reports

Particleboard Panels Market Size
The global Particleboard Panels market was valued at US$ 21070 million in 2023 and is anticipated to reach US$ 26260 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.

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Particleboard Panels Market Trends

The Particleboard Panels market is growing steadily due to increasing demand for cost-effective, eco-friendly, and versatile wood-based materials in construction, furniture manufacturing, and interior design. These panels, made from recycled wood chips and resin, offer an affordable alternative to solid wood, making them popular in residential and commercial applications. The rising emphasis on sustainable building materials and circular economy initiatives is further driving adoption across the industry.

In terms of market share, Asia-Pacific dominates due to rapid urbanization, growth in the real estate sector, and expanding furniture production in countries like China and India. Meanwhile, Europe and North America are witnessing increasing demand for high-quality and moisture-resistant particleboard panels, particularly in modular furniture and prefabricated construction. Leading manufacturers are focusing on improving panel strength, fire resistance, and environmental sustainability to gain a competitive edge.

A detailed market analysis suggests that innovations in low-emission adhesives, lightweight panel designs, and improved moisture resistance are shaping the Particleboard Panels market. As industries seek durable, cost-efficient, and sustainable wood-based materials, the market revenue is expected to rise, supported by technological advancements, regulatory policies promoting eco-friendly materials, and the continued expansion of the construction and furniture industries.

Segment by Type

• Raw Particleboard
• Fire Resistant Particleboard
• Moisture Resistant Particleboard

Segment by Application

• Furniture and Interior Decoration
• Ceiling and Wall Paneling
• Partition Walls
• Doors
• Flooring
• Others

By Company

Kronospan, Egger, DareGlobal Wood, Arauco, Kastamonu Entegre, Pfleiderer, Plummer Forest Products, Evergreen Group, Kopine, Efanor, Swiss Krono, Roseburg, Georgia-Pacific, Masisa, Treezo Group, Fenglin Group, Ningfeng Group

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This release was published on openPR.