The Asia Pacific Oriented Strand Board Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Oriented strand board has been one of the most widely utilized engineered timber-based panels for structural building in various nations. The number of OSB mills throughout the world has increased by a significant rate in recent years. Forest products firms are leveraging raw materials more efficiently and in more environmentally responsible ways with the advent of the latest, advanced, and improved technologies. Engineered wood composite products, such as OSB, have earned a large position in the industry as a result of this approach to forest management. OSB production could rise in the future as plywood production declines in several nations due to limited availability of logs of all sizes, and environmental concerns. OSB output is likely to continue to rise with the structural wood composite industry dominated by OSB.
Countries across this region are rapidly developing. According to the Development Commissioner’s Ministry of Micro, Small, and Medium Enterprises, in India, there are over 20,000 authorized MSMEs Wooden Furniture manufacturing businesses, from which, 96% are Micro businesses, 3.7 percent are Small businesses, and only 0.3 percent are Medium businesses. There may be a greater number of unregistered micro units than registered micro-units. India's office furniture market was expected to reach $ 13.58 billion by 2021, representing a compound annual growth rate of more than 20% in the coming years. The furniture market in India is dominated by local Micro & Small businesses. The involvement of major players in the Indian furniture business is increasing. With the advent of multinational furniture players, like IKEA, into India in recent years, organized players' market share has accelerated.
The China market dominated the Asia Pacific Oriented Strand Board Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,987.4 million by 2028. The Japan market is experiencing a CAGR of 5.5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 6.8% during (2022 - 2028).
Based on Application, the market is segmented into Construction, Furniture, Flooring, Packaging, and Others. Based on Grade, the market is segmented into OSB/3, OSB/4, OSB/2, and OSB/1. Based on End User, the market is segmented into Residential and Non-Residential. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Oriented Strand Board Market is Projected to reach USD 36.6 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include West Fraser Timber Co. Ltd., Louisiana-Pacific Corporation, Coillte, Egger Holzwerkstoffe GmbH, Arbec Forest Products, Inc., RoyOMartin, Georgia-Pacific LLC, Huber Engineered Woods LLC, Kronoplus Limited, and SWISS KRONO Group.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Construction
- Furniture
- Flooring
- Packaging
- Others
By Grade
By End User
- Residential
- Non-Residential
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- West Fraser Timber Co. Ltd.
- Louisiana-Pacific Corporation
- Coillte
- Egger Holzwerkstoffe GmbH
- Arbec Forest Products, Inc.
- RoyOMartin
- Georgia-Pacific LLC
- Huber Engineered Woods LLC
- Kronoplus Limited
- SWISS KRONO Group
TABLE 1 Asia Pacific Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Construction Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Construction Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Furniture Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Furniture Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Flooring Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Flooring Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Packaging Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Packaging Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 17 Asia Pacific OSB/3 Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific OSB/3 Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific OSB/4 Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific OSB/4 Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific OSB/2 Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific OSB/2 Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific OSB/1 Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific OSB/1 Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Non-Residential Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Non-Residential Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Oriented Strand Board Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Oriented Strand Board Market by Country, 2022 - 2028, USD Million
TABLE 33 China Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 34 China Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 35 China Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 36 China Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 37 China Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 38 China Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 39 China Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 40 China Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 41 Japan Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 42 Japan Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 43 Japan Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 44 Japan Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 45 Japan Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 46 Japan Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 47 Japan Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 48 Japan Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 49 India Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 50 India Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 51 India Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 52 India Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 53 India Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 54 India Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 55 India Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 56 India Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 57 South Korea Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 58 South Korea Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 59 South Korea Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 60 South Korea Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 61 South Korea Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 62 South Korea Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 63 South Korea Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 64 South Korea Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 65 Singapore Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 66 Singapore Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 67 Singapore Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 68 Singapore Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 69 Singapore Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 70 Singapore Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 71 Singapore Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 72 Singapore Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 73 Malaysia Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 76 Malaysia Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 77 Malaysia Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 78 Malaysia Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 79 Malaysia Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 80 Malaysia Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Oriented Strand Board Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Oriented Strand Board Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Oriented Strand Board Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Oriented Strand Board Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Oriented Strand Board Market by Grade, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Oriented Strand Board Market by Grade, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Oriented Strand Board Market by End User, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Oriented Strand Board Market by End User, 2022 - 2028, USD Million
TABLE 89 Key Information – West Fraser Timber Co. Ltd.
TABLE 90 Key Information – Louisiana-Pacific Corporation
TABLE 91 Key Information – Coillte
TABLE 92 Key Information – Egger Holzwerkstoffe GmbH
TABLE 93 Key Information – Arbec Forest Products, Inc.
TABLE 94 Key Information – RoyOMartin
TABLE 95 Key Information – Georgia-Pacific LLC
TABLE 96 Key Information – Huber Engineered Woods LLC
TABLE 97 Key Information – Kronoplus Limited
TABLE 98 Key Information – SWISS KRONO Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Huber Engineered Woods LLC