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Oriented Strand Board (OSB) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global oriented strand board (OSB) market reached a volume of 31.86 Million Cubic Meters in 2021. Looking forward, IMARC Group expects the market to reach a volume of 42.07 Million Cubic Meters by 2027, exhibiting a growth rate (CAGR) of 4.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Oriented strand board (OSB) refers to a type of stiff, structural, strong, and versatile engineered wood-based panel product. It is manufactured using waterproof heat-cured adhesives and rectangularly shaped wood strands that are arranged in cross-oriented layers. It is widely used for floor underlayment, wall sheathing, roof cover, staircase, trailer liners, subflooring and recreational vehicles. OSB is manufactured in various grades with improved moisture resistance, versatility, toughness, cost-effectiveness, and good dimensional stability. It also resists shape distortion, racking, deflection and delamination due to which it is widely used in flooring, construction, furniture and packaging applications. 

 

 
 

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Oriented Strand Board (OSB) Market Trends:

Significant growth in the construction industry across the globe is creating a positive outlook for the market. OSB is widely used in residential and non-residential buildings in a wide range of applications, such as solid walls, squeak-free floors and roof sheathing. In line with this, the widespread product utilization in the construction of doors, floors and roofs, columns, staircases and beams is favoring the market growth. Moreover, various technological advancements, such as the introduction of lightweight, customized and waterproof OSB that assists in water absorption and prevents moisture build-up, are providing an impetus to the market growth. Additionally, the increasing number of green building constructions and the rising demand for eco-friendly and sustainable building resources, such as OSB, is positively impacting the market growth. An overall increase in the environmental consciousness, coupled with an enhanced focus toward sustainable development is acting as another major growth-inducing factor. Other than this, the extensive utilization of the board for packaging various items, such as food and beverages, pharmaceuticals, and cosmetics, due to its humidity resistance, durability and long-lasting properties, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global oriented strand board (OSB) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on grade, application and end user.

Breakup by Grade:

 

 
 

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  • OSB/1
  • OSB/2
  • OSB/3
  • OSB/4
     

Breakup by Application:

  • Construction
  • Furniture
  • Flooring
  • Packaging
  • Others
     

Breakup by End User:

  • Residential
  • Non-residential
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC (J.M. Huber Corporation), Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion, Million Cubic Meters
Segment Coverage Grade, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC (J.M. Huber Corporation), Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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 Oriented Strand Board (OSB) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Grade
    6.1    OSB/1
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    OSB/2
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    OSB/3
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    OSB/4
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Construction
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Furniture
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Flooring
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Packaging
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End User
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Non-residential
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arbec Forest Products Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Coillte
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    EGGER Group
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Huber Engineered Woods LLC (J.M. Huber Corporation)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Koch Industries Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 SWOT Analysis
        14.3.6    Kronospan
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Louisiana-Pacific Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    RoyOMartin
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    SWISS KRONO Group
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Tolko Industries Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    West Fraser Timber Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Weyerhaeuser Company
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Oriented Strand Board Market: Major Drivers and Challenges
Figure 2: Global: Oriented Strand Board Market: Volume Trends (in Million Cubic Meters), 2016-2021
Figure 3: Global: Oriented Strand Board Market Forecast: Volume Trends (in Million Cubic Meters), 2022-2027
Figure 4: Global: Oriented Strand Board Market: Value Trends (in Billion US$), 2016-2021
Figure 5: Global: Oriented Strand Board Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 6: Global: Oriented Strand Board Market: Breakup by Grade (in %), 2021
Figure 7: Global: Oriented Strand Board Market: Breakup by Application (in %), 2021
Figure 8: Global: Oriented Strand Board Market: Breakup by End User (in %), 2021
Figure 9: Global: Oriented Strand Board Market: Breakup by Region (in %), 2021
Figure 10: Global: Oriented Strand Board (OSB/1) Market: Value Trends (in Million US$), 2016 & 2021
Figure 11: Global: Oriented Strand Board (OSB/1) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 12: Global: Oriented Strand Board (OSB/2) Market: Value Trends (in Million US$), 2016 & 2021
Figure 13: Global: Oriented Strand Board (OSB/2) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 14: Global: Oriented Strand Board (OSB/3) Market: Value Trends (in Million US$), 2016 & 2021
Figure 15: Global: Oriented Strand Board (OSB/3) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 16: Global: Oriented Strand Board (OSB/4) Market: Value Trends (in Million US$), 2016 & 2021
Figure 17: Global: Oriented Strand Board (OSB/4) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 18: Global: Oriented Strand Board (Construction) Market: Value Trends (in Million US$), 2016 & 2021
Figure 19: Global: Oriented Strand Board (Construction) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 20: Global: Oriented Strand Board (Furniture) Market: Value Trends (in Million US$), 2016 & 2021
Figure 21: Global: Oriented Strand Board (Furniture) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 22: Global: Oriented Strand Board (Flooring) Market: Value Trends (in Million US$), 2016 & 2021
Figure 23: Global: Oriented Strand Board (Flooring) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 24: Global: Oriented Strand Board (Packaging) Market: Value Trends (in Million US$), 2016 & 2021
Figure 25: Global: Oriented Strand Board (Packaging) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 26: Global: Oriented Strand Board (Other Applications) Market: Value Trends (in Million US$), 2016 & 2021
Figure 27: Global: Oriented Strand Board (Other Applications) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 28: Global: Oriented Strand Board (Residential) Market: Value Trends (in Million US$), 2016 & 2021
Figure 29: Global: Oriented Strand Board (Residential) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 30: Global: Oriented Strand Board (Non-residential) Market: Value Trends (in Million US$), 2016 & 2021
Figure 31: Global: Oriented Strand Board (Non-residential) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 32: North America: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 33: North America: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 34: United States: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 35: United States: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 36: Canada: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 37: Canada: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 40: China: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 41: China: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 42: Japan: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 43: Japan: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 44: India: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 45: India: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 46: South Korea: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 47: South Korea: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 48: Australia: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 49: Australia: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 50: Indonesia: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 51: Indonesia: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 52: Others: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 53: Others: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 54: Europe: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 55: Europe: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 56: Germany: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 57: Germany: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 58: France: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 59: France: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 60: United Kingdom: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 62: Italy: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 63: Italy: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 64: Spain: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 65: Spain: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 66: Russia: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 67: Russia: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 68: Others: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 69: Others: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 70: Latin America: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 71: Latin America: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 72: Brazil: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 73: Brazil: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 74: Mexico: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 75: Mexico: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 76: Others: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 77: Others: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Oriented Strand Board Market: Value Trends (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Oriented Strand Board Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Oriented Strand Board Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 81: Global: Oriented Strand Board Industry: SWOT Analysis
Figure 82: Global: Oriented Strand Board Industry: Value Chain Analysis
Figure 83: Global: Oriented Strand Board Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Oriented Strand Board Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Oriented Strand Board Market Forecast: Breakup by Grade (in Million US$), 2022-2027
Table 3: Global: Oriented Strand Board Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Oriented Strand Board Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Oriented Strand Board Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Oriented Strand Board Market: Competitive Structure
Table 7: Global: Oriented Strand Board Market: Key Players


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Key Questions Answered in This Report

The global oriented strand board (OSB) market reached a volume of 31.86 Million Cubic Meters in 2021. 

We expect the global oriented strand board (OSB) market to exhibit a CAGR of 4.60% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous manufacturing units for Oriented Strand Board (OSB).

The rising number of green buildings, along with the increasing demand for eco-friendly and sustainable building resources, such as OSB for constructing doors, floors, roofs, etc., is primarily driving the global oriented strand board (OSB) market.

Based on the grade, the global oriented strand board (OSB) market has been segmented into OSB/1, OSB/2, OSB/3, and OSB/4. Among these, OSB/3 currently holds the majority of the total market share.

Based on the application, the global oriented strand board (OSB) market can be divided into construction, furniture, flooring, packaging, and others. Currently, the construction industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global oriented strand board (OSB) market include Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC (J.M. Huber Corporation), Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd., and Weyerhaeuser Company.

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