Medium-density fibreboard (MDF) is made by breaking down hardwood or softwood residuals into wood fibres. It has a homogeneous texture without layers due to which there is no visible wood grain, rings, or splinters in medium-density fibreboard. As a result of its smoothness, it is considered an excellent substrate for veneer. The latest report by IMARC Group titled, “Medium-Density Fibreboard (MDF) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global medium-density fibreboard market reached a value of US$ 23.2 Billion in 2018, growing at a CAGR of 7.8% during 2011-2018.
Medium-density fibreboard is available in two types – Standard medium-density fibreboard and Moisture Resistant (MR) medium-density fibreboard. Standard medium-density fibreboard is used only for interior applications such as furniture and general fit-outs and is not suitable for areas which are prone to wetting or high humidity. On the other hand, MR medium-density fibreboard is suitable for high humidity areas such as bathrooms and laundries, and for furniture in tropical areas. Further, the market is expected to reach a value of US$ 37.7 Billion by 2024.
On the basis of end-use the market is segmented as commercial and residential. The residential sector is the largest consumer for plywood, accounting for more than half of the total global shares. The report has conducted an evaluation of the market on the basis of key regions and finds that Asia-Pacific is the largest market for medium-density fibreboard. Some of the other major regions are North America, Europe, Latin America and Middle East and Africa. The report has also analysed the market on the basis of competitive landscape and has provided the details of the key players. Some of the major players are M. Kaindl Kg, Sonae Arauco, Weihua Corporation, Dynea Guangdong, Duratex, etc.
This report provides a deep insight into the global medium-density fibreboard industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a medium-density fibreboard manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the medium-density fibreboard industry in any manner.
Key Questions Answered in This Report:
- What are the key success and risk factors in the MDF industry?
- How has the MDF market performed so far and how will it perform in the coming years?
- What is the structure of the MDF industry and who are the key players?
- What are the various unit operations involved in a MDF plant?
- What is the total size of land required for setting up a MDF plant?
- What are the machinery requirements for setting up a MDF plant?
- What are the raw material requirements for setting up a MDF plant?
- What are the utility requirements for setting up a MDF plant?
- What are the manpower requirements for setting up a MDF plant?
- What are the infrastructure costs for setting up a MDF plant?
- What are the capital costs for setting up a MDF plant?
- What are the operating costs for setting up a MDF plant?
- What should be the pricing mechanism of MDF products?
- What will be the income and expenditures for a MDF plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Engineered Wood Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Global Medium-Density Fibre Board Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Analysis
6.3.1 Key Price Indicators
6.3.2 Price Structure
6.3.3 Price Trends
6.4 Market Breakup by Region
6.5 Market Breakup by Residential and Commercial Application
6.6 Market Breakup by New Construction and Replacement Sector
6.7 Market Forecast
6.8 SWOT Analysis
6.8.1 Overview
6.8.2 Strengths
6.8.3 Weaknesses
6.8.4 Opportunities
6.8.5 Threats
6.9 Value Chain Analysis
6.9.1 Overview
6.9.2 Forest Growers
6.9.3 Sawmills
6.9.4 Medium Density Fibreboard (MDF) Manufacturers
6.9.5 Distributors
6.9.6 Exporters
6.9.7 End Users
6.10 Porter’s Five Forces Analysis
6.10.1 Overview
6.10.2 Bargaining Power of Buyers
6.10.3 Bargaining Power of Suppliers
6.10.4 Degree of Rivalry
6.10.5 Threat of New Entrants
6.10.6 Threat of Substitutes
6.11 Key Market Drivers and Success Factors
7 Market Breakup by Region
7.1 Asia-Pacific
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Europe
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 North America
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Latin America
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Residential and Commercial Applications
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by New Construction and Replacement Application
9.1 New Construction
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Replacement
9.2.1 Market Trends
9.2.2 Market Forecast
10 Competitive Landscape
10.1 Competitive Structure
10.2 Key Players Capacities
11 Medium-Density Fibreboard (MDF) Manufacturing Process
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Material Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utilities Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Income Projections
14.5 Expenditure Projections
14.6 Taxation and Depreciation
14.7 Financial Analysis
14.8 Profit Analysis
15 Key Player Profiles
List of Figures
Figure 1: Global: Medium-Density Fibreboard Industry: Major Drivers and Challenges
Figure 2: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metre), 2011-2018
Figure 3: Global: Engineered Wood Market: Value Trends (in US$ Billion), 2011-2018
Figure 4: Global: Engineered Wood Market: Average Prices (in US$/Cubic Metre), 2011-2018
Figure 5: Global: Engineered Wood Market: Breakup by Product Type (in %), 2018
Figure 6: Global: Engineered Wood Market: Breakup by Application (in %), 2018
Figure 7: Global: Engineered Wood Market: Production Breakup by Region (in %), 2018
Figure 8: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Metre), 2019-2024
Figure 9: Global: Engineered Wood Market Forecast: Value Trends (in US$ Billion), 2019-2024
Figure 10: Global: Engineered Wood Market Forecast: Average Prices (in US$/Cubic Metre), 2019-2024
Figure 11: Global: Medium-Density Fibreboard Market: Production Volume (in Million Cubic Metre), 2011-2018
Figure 12: Global: Medium-Density Fibreboard Market: Production Value (in Billion US$), 2011-2018
Figure 13: Medium-Density Fibreboard Manufacturing: Price Structure (in US$/CBM)
Figure 14: Global: Medium-Density Fibreboard Market: Average Prices (in US$/Cubic Metre), 2011-2018
Figure 15: Global: Medium-Density Fibreboard Market Forecast: Average Prices (in US$/Cubic Metre), 2019-2024
Figure 16: Global: Medium-Density Fibreboard Market: Production Breakup by Region (in %), 2018
Figure 17: Global: Medium-Density Fibreboard Market: Breakup by Application (in %), 2018
Figure 18: Global: Medium-Density Fibreboard Market: Breakup by New Construction and Replacement Application (in %), 2018
Figure 19: Global: Medium-Density Fibreboard Market Forecast: Production Volume (in Million Cubic Metre), 2019-2024
Figure 20: Global: Medium-Density Fibreboard Market Forecast: Production Value (in US$ Billion), 2019-2024
Figure 21: Global: Medium Density Fibreboard Industry: SWOT Analysis
Figure 22: Global: Medium Density Fibreboard Industry: Value Chain Analysis
Figure 23: Global: Medium Density Fibreboard (MDF) Industry: Porter’s Five Forces Analysis
Figure 24: Asia-pacific: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 25: Asia-pacific: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2019-2024
Figure 26: Europe: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 27: Europe: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2019-2024
Figure 28: North America: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 29: North America: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2019-2024
Figure 30: Latin America: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 31: Latin America: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2019-2024
Figure 32: Middle East and Africa: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 33: Middle East and Africa: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2019-2024
Figure 34: Global: Medium-Density Fibre Board Market (Residential Applications): Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 35: Global: Medium-Density Fibre Board Market Forecast (Residential Applications): Production Volume (in Million Cubic Metres), 2019-2024
Figure 36: Global: Medium-Density Fibre Board Market (Commercial Applications): Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 37: Global: Medium-Density Fibre Board Market Forecast (Commercial Applications): Production Volume (in Million Cubic Metres), 2019-2024
Figure 38: Global: Medium-Density Fibre Board Market (New Construction Applications): Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 39: Global: Medium-Density Fibre Board Market Forecast (New Construction Applications): Production Volume (in Million Cubic Metres), 2019-2024
Figure 40: Global: Medium-Density Fibre Board Market (Replacement Applications): Production Volume (in Million Cubic Metres), 2011 & 2018
Figure 41: Global: Medium-Density Fibre Board Market Forecast (Replacement Applications): Production Volume (in Million Cubic Metres), 2019-2024
Figure 42: Medium-Density Fibreboard Manufacturing Plant: Detailed Process Flow
Figure 43: Medium-Density Fibreboard Manufacturing: Conversion Rates of Feedstocks
Figure 44: Medium-Density Fibre board Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 45: Medium Density Fibreboard Industry: Margins Across Various Stages of the Supply Chain
Figure 46: Medium-Density Fibre Board Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Medium-Density Fibreboard (MDF) Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Medium-Density Fibreboard Market Forecast: Production Breakup by Region (in Million Cubic Metres), 2019-2024
Table 4: Global: Medium-Density Fibre Board Market Forecast: Breakup by Application (in Million Cubic Metres), 2019-2024
Table 5: Global: Medium-Density Fibre Board Market Forecast: Breakup by Sector (in Million Cubic Metres), 2019-2024
Table 6: Global: Medium-Density Fibreboard Market: Competitive Structure
Table 7: Global: Fibreboard Market: Production Capacities of Major Players
Table 8: Global: Fibreboard Market: Production Capacity Breakup by Country
Table 9: Global: Fibreboard Market: Production Capacity Breakup by Region
Table 10: Medium-Density Fibreboard Manufacturing Plant: Raw Material Requirements (in CBM/Day)
Table 11: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 12: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 13: Medium-Density Fibre Board Manufacturing Plant: Machinery Costs (in US$)
Table 14: Medium-Density Fibre Board Manufacturing Plant: Raw Material Requirements (in CBM/Day) and Expenditures (in US$/CBM)
Table 15: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 16: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: Details of Financial Assistance Offered by Financial Institutions in India
Table 18: Medium-Density Fibre Board Manufacturing Plant: Capital Costs (in US$)
Table 19: Medium-Density Fibre Board Manufacturing Plant: Techno-Economic Parameters
Table 20: Medium-Density Fibre Board Manufacturing Plant: Income Projections (in US$)
Table 21: Medium-Density Fibre Board Manufacturing Plant: Expenditure Projections (in US$)
Table 22: Medium-Density Fibre Board Manufacturing Plant: Taxation (in US$/Year)
Table 23: Medium-Density Fibre Board Manufacturing Plant: Depreciation (in US$/Year)
Table 24: Medium-Density Fibre Board Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 25: Medium-Density Fibre Board Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 26: Medium-Density Fibre Board Manufacturing Plant: Profit and Loss Account (in US$/Year)