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Press Release:

Global Particle Board Market Spurring on Account of Vast Applications

COVID-19
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Particle Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global particle board market reached a value of US$ 21.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.9 Billion by 2027, exhibiting a CAGR of 3.9% 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 sectors. These insights are included in the report as a major market contributor. 

Particle board, also known as low-density fiberboard (LDF), is an engineered wood made using a mixture of sawmill shavings, wood chips, sawdust, and synthetic resin. It is affordable, easy to install, lightweight, environment-friendly, and high in density and uniformity. As a result, it is widely utilized in making home furniture, such as kitchen cabinets, bookcases, doors, windows, and wall and floor coverings, in the commercial and residential sectors across the globe. Presently, it is available in different sizes, densities, the geometry of particles, and the amount of adhesive used.

 

 
 

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Particle Board Market Trends:

Significant growth in the construction of homes on account of rapid urbanization and the rising global population represents one of the key factors fueling the market growth. Moreover, particle boards can be easily laminated, painted, and wallpapered to improve their overall aesthetic value. This, along with the growing working population and the rising trend of modern offices, is positively influencing the demand for particle boards in commercial establishments for enhanced aesthetics. It is also utilized in places, such as concert venues and recording studios, on account of its remarkable sound-absorbing properties. Additionally, the growing popularity of sports and other outdoor events is contributing to the market growth. Apart from this, the leading manufacturers are focusing on improving the intrinsic properties of particle boards using raw materials that are derived from crop plants. They are also using natural fibers, such as wheat, barley, rice, cotton gin, banana, and coir and kenaf, to launch diverse products, which, in turn, is creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global particle board market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on application and sector.

Breakup by Application:

 

 
 

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  • Residential
  • Commercial
     

Based on the application, the residential segment dominates the market, accounting for nearly three-fourths of the total share. Rapid modernization, as well as inflating income levels of individuals, is resulting in the increasing construction of housing projects.

Breakup by Sector:

  • New Construction
  • Replacement
     

The new construction sector currently holds the largest market share as there is a significant rise in the building of residential, commercial, and industrial establishments across the globe.

Breakup by Region:

  • Asia-Pacific
  • North America
  • Europe
  • Latin America
  • Middle East and Africa
     

Europe enjoys the leading position in the market on account of the revival of the real estate sector in the region.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Kastamonu Entegre, Roseburg Forest Products Co., Norbord Inc., Boise Cascade Company, and Columbia Forest Products, Inc.

This report provides a deep insight into the global particle board 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 particle board 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 particle board industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion, Million Cubic Metre
Segment Coverage Application, Sector, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Kastamonu Entegre, Roseburg Forest Products Co., Norbord Inc., Boise Cascade Company, and Columbia Forest Products, Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
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 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 Particle Board Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1    Volume Trends
        6.2.2    Value Trends
    6.3    Impact of COVID-19
    6.4    Price Analysis
        6.4.1    Key Price Indicators
        6.4.2    Price Structure
        6.4.3    Price Trends
    6.5    Market Breakup by Region
    6.6    Market Breakup by Application
    6.7    Market Breakup by Sector
    6.8    Market Forecast
    6.9    SWOT Analysis
        6.9.1    Overview
        6.9.2    Strengths
        6.9.3    Weaknesses
        6.9.4    Opportunities
        6.9.5    Threats
    6.10    Value Chain Analysis
        6.10.1    Overview
        6.10.2    Forest Owners
        6.10.3    Sawmills
        6.10.4    Manufacturers
        6.10.5    Distributors and Retailers
        6.10.6    Exporters
        6.10.7    End-Use Industries
    6.11    Porter’s Five Forces Analysis
        6.11.1    Overview
        6.11.2    Bargaining Power of Buyers
        6.11.3    Bargaining Power of Suppliers
        6.11.4    Degree of Competition
        6.11.5    Threat of New Entrants
        6.11.6    Threat of Substitutes
    6.12    Key Success and Risk Factors
7   Market Breakup by Region
    7.1    Asia Pacific
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    North America
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Europe
        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 Application
    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 Sector
    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
11  Particle Boards Manufacturing
    11.1    Product Overview
    11.2    Detailed Process Flow
    11.3    Various Types of Unit Operation 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    Taxation and Depreciation
    14.5    Income Projections
    14.6    Expenditure Projections
    14.7    Financial Analysis
 15 Key Player Profiles
    15.1   Kastamonu Entegre
    15.2   Roseburg Forest Products Co.
    15.3   Norbord Inc.
    15.4   Boise Cascade Company
    15.5   Columbia Forest Products, Inc

List of Figures

Figure 1: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metre), 2016-2021
Figure 2: Global: Engineered Wood Market: Value Trends (in Billion US$), 2016-2021
Figure 3: Global: Engineered Wood Market: Average Prices (in US$/Cubic Metre), 2016-2021
Figure 4: Global: Engineered Wood Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Engineered Wood Market: Breakup by Application (in %), 2021
Figure 6: Global: Engineered Wood Market: Breakup by Region (in %), 2021
Figure 7: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 8: Global: Engineered Wood Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 9: Global: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016-2021
Figure 10: Global: Particle Board Market: Value Trends (in Billion US$), 2016-2021
Figure 11: Particle Board Market: Price Structure (US$/Cubic Metre)
Figure 12: Global: Particle Board Market: Average Prices (in US$/Cubic Metre), 2016-2021
Figure 13: Global: Particle Board Market Forecast: Average Prices (in US$/Cubic Metre), 2022-2027
Figure 14: Global: Particle Board Market: Breakup by Region (in %), 2021
Figure 15: Global: Particle Board Market: Breakup by Application (in %), 2021
Figure 16: Global: Particle Board Market: Breakup by Sector (in %), 2021
Figure 17: Global: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 18: Global: Particle Board Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 19: Global: Particle Board Industry: SWOT Analysis
Figure 20: Global: Particle Board Industry: Value Chain Analysis
Figure 21: Global: Particle Board Industry: Porters Five Forces Analysis
Figure 22: Asia-Pacific: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 23: Asia-Pacific: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 24: North America: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 25: North America: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 26: Europe: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 27: Europe: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 28: Latin America: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 29: Latin America: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 30: Middle East and Africa: Particle Board Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 31: Middle East and Africa: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 32: Global: Particle Board (Commercial) Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 33: Global: Particle Board (Commercial) Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 34: Global: Particle Board (Residential) Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 35: Global: Particle Board (Residential) Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 36: Global: Particle Board (in New Construction) Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 37: Global: Particle Board (in New Construction) Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 38: Global: Particle Board (in Replacement) Market: Volume Trends (in Million Cubic Metre), 2016 & 2021
Figure 39: Global: Particle Board (in Replacement) Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 40: Particle Board Manufacturing: Detailed Process Flow
Figure 41: Particle Board Manufacturing: Conversion Rates of Products
Figure 42: Particle Board Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 43: Particle Board Industry: Profit Margins at Various Levels of the Supply Chain
Figure 44: Particle Board Manufacturing Plant: Breakup of Operating Costs (in %)


List of Tables

Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Particle Board Market: Key Industry Highlights, 2021 and 2027
Table 3: Global: Particle Board Market Forecast: Breakup by Region (in Million Cubic Metre), 2022-2027
Table 4: Global: Particle Board Market Forecast: Breakup by Application (in Million Cubic Metre), 2022-2027
Table 5: Global: Particle Board Market Forecast: Breakup by Sector (in Million Cubic Metre), 2022-2027
Table 6: Global: Particle Board Market: Competitive Structure
Table 7: Global: Particle Board Market: Key Players
Table 8: Particle Board Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 9: Particle Board Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 10: Particle Board Manufacturing Plant: Costs Related to Machinery (in US$)
Table 11: Particle Board Manufacturing Plant: Raw Material Requirements (in CBM/Day) and Expenditures (US$/CBM)
Table 12: Particle Board Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 13: Particle Board Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 14: Details of Financial Assistance Offered by Financial Institutions
Table 15: Particle Board Manufacturing Plant: Capital Costs (in US$)
Table 16: Particle Board Manufacturing Plant: Techno-Economic Parameters
Table 17: Particle Board Manufacturing Plant: Taxation and Depreciation
Table 18: Particle Board Manufacturing Plant: Income Projections (in US$)
Table 19: Particle Board Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Particle Board Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 21: Particle Board Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 22: Particle Board Manufacturing Plant: Profit and Loss Account (in US$)


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Key Questions Answered in This Report

The outbreak of the coronavirus disease (COVID-19) has resulted in huge fluctuations in the global particle board market. This is due to the blocked cash flow and halted development projects and commercial businesses.

The global particle board market is expected to grow at a CAGR of 3.9% during 2022-2027.

The global particle board market reached a value of US$ 21.3 Billion in 2021.

One of the primary factors bolstering the market growth is the significant use of particle board in the construction industry, as it is dense, affordable, uniform, lightweight, and easy to install. It is also used in recording studios and concert venues on account of its remarkable sound-absorbing properties.

One of the major market trends is the increasing number of construction and building projects, along with the growing awareness about the eco-friendly nature of particle boards among end users.

Based on the application, the market is bifurcated into the commercial and residential segments. The residential sector dominates the market, accounting for nearly three-fourths of the total share.

On the basis of the sector, the market has been classified into the construction and replacement sectors. The new construction sector currently holds the largest market share.

Region-wise, Europe holds the leading position in the market. Other major regions are Asia Pacific, North America, Latin America, and Middle East and Africa.

The leading players operating in the industry are Kastamonu Entegre, Roseburg Forest Products Co., Norbord Inc., Boise Cascade Company and Columbia Forest Products, Inc.

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