Press release
Oriented Strand Board Market Poised to Hit $52.33 Billion by 2029 with Accelerating Growth Trends
Oriented Strand Board Market
Oriented Strand Board Market Size Growth Forecast: What to Expect by 2025?
The oriented strand board market has risen rapidly in recent years. It will expand from $27.38 billion in 2024 to $31.15 billion in 2025 at a CAGR of 13.8%. The historic growth was influenced by housing construction booms, cost efficiency, sustainability focus, renovation activities, urbanization, and infrastructure projects.
How Will the Oriented Strand Board Market Size Evolve and Grow by 2029?
In the coming years, the oriented strand board market is predicted to experience rapid expansion, with a potential increase to $52.33 billion in 2029, and a compound annual growth rate (CAGR) of 13.8%. This growth over the forecast period is due to several factors such as global population increase, advancements in specialty OSB products, resilience during economic downturns, a concentration on energy-efficient building, and innovations in construction design. Key trends for the forecast period are expected to be a digital shift in construction, progress in manufacturing technology, incorporation of teleophthalmology, a spotlight on combination therapies, and the introduction of biosimilars in ophthalmology.
View the full report here:
https://www.thebusinessresearchcompany.com/report/oriented-strand-board-global-market-report
What Drivers Are Propelling the Growth of Oriented Strand Board Market Forward?
The projected increase in the creation of green buildings is envisaged to fuel the expansion of the oriented strand board market. The concept of green building, which is also known as sustainable or eco-friendly construction, involves the process of building, operating, and maintaining structures in a way that is both environmentally considerate and resource efficient. The oriented strand board (OSB) plays a crucial role in these buildings, being utilized in structural sheathing material, insulating panels, and roof planks. To illustrate, the U.S. Green Building Council, an American nonprofit organization, reported a 19% surge in green building certifications in November 2022. It's reported that about 184 nations worldwide host constructions that have been certified as green by various certification systems such as the World Green Building Council and Leadership in Energy and Environmental Design. As a consequence, the oriented strand board market is experiencing growth driven by the increase in green buildings.
Get your free sample here:
#Claim Your Free Sample Report:#
Which Emerging Trends Are Transforming the Oriented Strand Board Market in 2025?
The emergence of product innovation is a significant trend in the oriented strand board market. To maintain their market position, companies involved in the oriented strand board market are introducing novel products. For example, in February 2022, Medite Smartply, a UK manufacturer specializing in sustainable timber panels, unveiled 'The Smartply Sure Step', which is an oriented strand board/3 panel possessing a long-lasting coating. This product, The Smartply Sure Step, incorporates an innovative, high-efficiency coating that provides enhanced durability and prevents slipping.
What Are the Key Segments in the Oriented Strand Board Market?
The oriented strand board market covered in this report is segmented -
1) By Grade: Oriented Strand Board/1, Oriented Strand Board/2, Oriented Strand Board/3, Oriented Strand Board/4
2) By Application: Construction, Furniture, Flooring, Packaging, Other Applications
3) By Distribution Channel: Online, Offline
4) By End User: Residential, Non-Residential
Subsegments:
1) By Oriented Strand Board Or 1 (OSB Or 1): Interior Dry Use, General Purpose
2) By Oriented Strand Board Or 2 (OSB Or 2): Load-Bearing Applications, Structural Use
3) By Oriented Strand Board Or 3 (OSB Or 3): Moisture-Resistant Applications, Load-Bearing In Humid Conditions
4) By Oriented Strand Board Or 4 (OSB Or 4): Heavy Load-Bearing Applications, External Applications In Severe Conditions
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10066&type=smp
Who Are the Key Players Shaping the Oriented Strand Board Market's Competitive Landscape?
Major companies operating in the oriented strand board market include EGGER Holzwerkstoffe Brilon GmbH & Co. KG., Kronospan Ltd., Louisiana Pacific Corporation, West Fraser Timber Co. Ltd., Swiss Krono Group, Sonae Industria SGPS SA, Norbord Inc., Tolko Industries Ltd., Weyerhaeuser Company, Ainsworth Lumber Co. Ltd., Arbec Forest Products Inc., Roy O. Martin Lumber Company LLC, Suncrest Plydecor, Hutchison Incorporated., LP Building Solutions, Huber Engineered Woods LLC, Georgia-Pacific Wood Products LLC, PotlatchDeltic Corporation, Stora Enso Oyj, Metsä Group, Dongwha Enterprise Co. Ltd., Hexion Inc., Nippon Paper Industries Co. Ltd., Ormet S.p.A., Pfleiderer Group, Resolute Forest Products Inc., Stimson Lumber Company
What Geographic Markets Are Powering Growth in the Oriented Strand Board Market?
North America was the largest region in the oriented strand board market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global oriented strand board market report during the forecast period. The regions covered in the oriented strand board market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10066
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oriented Strand Board Market Poised to Hit $52.33 Billion by 2029 with Accelerating Growth Trends here
News-ID: 4249817 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Oriented
Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) Market …
Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) Market Trends In 2024:
The Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) Market 2024 report provides a comprehensive analysis of Types (Fully Processed, Semi-processed), Application (Power Generation, AC Motor, Household Appliances), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional…
Electrical steel Market, By Type (Grain Oriented Steel (CGRO), Non-Oriented Elec …
Electrical steel is a soft magnetic material with advanced electrical properties used in several applications such as small relays, generators, electric motors, solenoids, among others. It is also known as lamination steel or transformer steel or silicon steel. Electrical steels are generally used soft magnetic material for power applications. Electrical steel consists of non-oriented electrical steels as well as grain-oriented electrical steels. These materials are used to transmit, generate, and deliver electrical…
Oriented Strand Board: Strong and Affordable The Growing Market for Oriented Str …
Oriented Strand Board (OSB) is a widely used engineered wood product made from strands of wood that are compressed and bonded together with adhesive resin. It is a cost-effective alternative to plywood, and its popularity has been on the rise in recent years.
The global oriented strand board market size was valued at $25.6 billion in 2020, and is projected to reach $44.3 billion by 2030, growing at a…
Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) Market …
The New Market Research Report - Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) Market
The analysis tracks the impact of key market dynamics on the major challenges and the strategies adopted by key vendors and market players to overcome the challenges and expand their market presence. The study takes a closer look at the strategies and measures adopted by key stakeholders and investors to boost the development of product; the…
Global Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) …
In its recently published report, QY Research has provided unique insights about global Non Grain-oriented Electrical Steel (Non-Grain Oriented Electrical Steel) market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global…
Production oriented fasteners from Challenge Europe
The needs of manufacturing industry can generally be listed under the headings “reliability, speed, quality and cost” in varying order – but whatever the exact balance, design is always at the heart of achieving a successful outcome - as professed by specialist fastener suppliers Challenge Europe.
Explained Kevin Moorcroft, M.D. at Challenge Europe – “Automation in particular, places exceptional demands on a fastener above and beyond how well it does its…
