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Oriented Strand Board (OSB) Market Top Vendors Landscape, And Industry Growth 2021 | Regional Demand Status, Competitive Scenario, Technological Growth and Scope till 2024

Oriented Strand Board (OSB)

The report presents a strategic assessment of “Oriented Strand Board (OSB) Market” size analysis including enabling technologies, market drivers, challenges, standardization, and future roadmap of industry. The data includes historical and predicted values with an accurate picture of the growth of the Oriented Strand Board (OSB) market. This research report also provides an in-depth analysis of market opportunities, import/export details, supply & demand scenario, pricing factors, and emerging trends.  The report also discovering the geographic expansion, competitive landscape, segmentation, and revenue of the global industry.

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Oriented Strand Board (OSB) Market Manufacturer Segment Analysis:

  • Arbec Forest Products Inc.
  • Coillte
  • EGGER Group
  • Georgia
  • Pacific Wood Products LLC
  • Huber Engineered Woods LLC
  • Kronospan Limited
  • KronoSwiss
  • Louisiana
  • Pacific Corporation
  • Norbord Inc.
  • RoyOMartin Lumber Company
  • Sonae Industria SGPS SA
  • Tolko Industries Ltd
  • Weyerhaeuser Company

    Market Overview:

  • The market for oriented strand board is expected to register a CAGR of 6.2%, during the forecast period of 2019-2024. One of the major factors driving the market studied is the growing prominence of OSB, as a substitute to plywood. Emissions of volatile organic compounds (VOCS), like formaldehyde, is expected to hinder the growth of the market studied.
  • The construction industry dominated the market in 2017, and is expected to grow at the fastest rate during the forecast period, owing to the increasing applications, such as floor and roof, walls, etc.
  • Increasing application of OSB in structural insulated panels is likely to act as an opportunity in the future.
  • North America dominated the market across the world, with the largest consumption from the United States.<

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    Key Market Trends:

    Soaring Demand from the Construction Industry

    Wood-based panels are crucial to the construction industry, providing high structural durability to roofs and floors, walls, beams, doors, staircase, etc. In OSB panels, they produce a stronger and stiffer panel than other products used in similar types of construction projects. The material eliminates rings and knots, which makes it more uniform. Its structure provides OSB a great deal of strength, alowing to be used in a broad range of applications, particularly for load-bearing applications.
    The building and construction industry is currently a thriving industry in several emerging economies of the Asia-Pacific and the South American regions, which is expected to drive the use of OSB, thus minimizing infrastructure failures.
    Oriented strand boards are a cost-effective alternative for home construction. As per the National Association of Certified Home Inspectors (NACHI), OSB costs USD 700 less than plywood for a typical 2400-square foot home.
    Tiles, plywood, and wooden boards are considered as relatively more expensive than OSB, when it comes to flooring. OSB floors are more suitable than hardwood, as it adds a more natural and decorative effect to the home interior design. Furthermore, the total cost of flooring the entire area with hardwood is quite high.

    The United States to Dominate the Market

    The US office space market witnessed slight reduction in growth in 2017, as it experienced a slowdown in tenant expansions, while the overall supply growth remained at about the same level as in 2016. In 2017, an increase of 21 million square feet of office space has been witnessed. This level of “net absorption” is understood to be the lowest since 2012, and is down from 29 million square feet increase from 2016. The usage of OSB in packaging application is on the rise, owing to the growing number of millennial and increasing purchasing power among them. However, packaging application accounts for a small portion in the OSB market. Additionally, the United States is the largest exporter and importer of goods and services, and hugely relies on wood packaging for proper protection of these goods, which is increasing the demand for OSB for packaging in the country.

    Reasons to Purchase this Report:

    • Current and future global Oriented Strand Board (OSB) market outlook in the developed and emerging markets.
    • Analysing various perspectives of the market, with the help of Porter’s five forces analysis.
    • The segment that is expected to dominate the market.
    • The regions that are expected to witness the fastest growth during the forecast period.
    • Identify the latest developments and strategies employed by the major market players.
    • 3-month analyst support along with the Market Estimate sheet (in excel).

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    Key questions answered in the report:

    1. What is the growth potential of the Oriented Strand Board (OSB) market?
    2. Which product segment will have the largest share?
    3. Which regional markets will lead in the coming years?
    4. Which application segment will grow strongly?
    5. What growth opportunities could arise in the Oriented Strand Board (OSB) industry in the future?
    6. What are the greatest challenges for the Oriented Strand Board (OSB) market in the future?
    7. Who is the leader in the Oriented Strand Board (OSB) market?
    8. What are the main trends that have a positive impact on market growth?
    9. What growth strategies are players considering to stay in the Oriented Strand Board (OSB) market?

    Detailed TOC of Oriented Strand Board (OSB) Market – Segmented by Geography – Growth, Trend, and Forecast:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Desirable Properties
    4.1.2 Growing Prominence of OSB, as a Substitute to Plywood
    4.2 Restraints
    4.2.1 Emissions of Volatile Organic Compounds (VOCS), like Formaldehyde
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Grade
    5.1.1 OSB/1
    5.1.2 OSB/2
    5.1.3 OSB/3
    5.1.4 OSB/4
    5.2 End-user Application
    5.2.1 Furniture
    5.2.1.1 Residential
    5.2.1.2 Commercial
    5.2.2 Construction
    5.2.2.1 Floor and Roof
    5.2.2.2 Wall
    5.2.2.3 Door
    5.2.2.4 Column and Beam
    5.2.2.5 Staircase
    5.2.2.6 Other Construction Applications
    5.2.3 Packaging
    5.2.3.1 Food and Beverage
    5.2.3.2 Industrial
    5.2.3.3 Pharmaceutical
    5.2.3.4 Cosmetics
    5.2.3.5 Other Packaging Applications
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Australia & New Zealand
    5.3.1.6 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 The Netherlands
    5.3.3.4 France
    5.3.3.5 Italy
    5.3.3.6 Spain
    5.3.3.7 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Arbec Forest Products Inc.
    6.4.2 Coillte
    6.4.3 EGGER Group
    6.4.4 Georgia-Pacific Wood Products LLC
    6.4.5 Huber Engineered Woods LLC
    6.4.6 Kronospan Limited
    6.4.7 KronoSwiss
    6.4.8 Louisiana-Pacific Corporation
    6.4.9 Norbord Inc.
    6.4.10 RoyOMartin Lumber Company
    6.4.11 Sonae Industria SGPS SA
    6.4.12 Tolko Industries Ltd
    6.4.13 Weyerhaeuser Company

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Application of OSB in Structural Insulated Panels (SIPs)

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