Product ID: UCMIG15F2073
Oriented Strand Board Market Size, Share, Growth Analysis, By Application(Construction, Packaging), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15F2073 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Oriented Strand Board Market Insights
Market Overview:
The global Oriented Strand Board (OSB) market was valued at USD 11.30 billion in 2017 and is anticipated to experience a compound annual growth rate (CAGR) of 14.3% from 2018 to 2025. The demand for OSB is expected to be driven by its superior qualities and advantages, including affordability, excellent strength, and durability, throughout the forecast period. Additionally, advancements in terahertz technology for measuring moisture and density levels in wood are being utilized to enhance the production of high-quality OSB products. This technology is increasingly employed to assess the fibre orientation within OSBs due to its sensitivity to the interior fibre structure.
Oriented Strand Board Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Construction Materials by segment aggregation, the contribution of the Construction Materials in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Oriented Strand Board Market Report Snapshots
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