Title: Particle Board Market
1Particle Board MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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(1) 970-236-3677
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- Particle Board Market size is projected to
reach US27.2 billion by 2027, after growing at
a CAGR of 3.8 during the forecast period
2022-2027. - Particle board, also known as low-density fiberboa
rd or chipboard, is an engineered wood product
produced from wood chips, synthetic resin such as
urea formaldehyde-based resins and lignin and
other suitable binders. The growing furniture
industry is anticipated to drive the demand for
particle boards.
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- Key Takeaways
- The Asia-Pacific region dominates the Particle
Board Market, owing to the rising growth in the
building construction industry. For instance,
according to Invest India, by 2025, the building
and construction industry is estimated to reach
US1.4 trillion. - Rapidly rising demand for Particle Boards in the
furniture industry for wooden furniture has
driven the growth of the Particle Board Market. - The increasing demand for Particle Boards in the
maintenance, remodeling, renovation and repair
activities, due to its usage in wooden
applications such as flooring, paneling and other
applications has been a critical factor driving
the growth of the Particle Board Market in the
upcoming years.
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By Distribution Channel- Segment Analysis The
new construction segment held the largest
Particle Board Market share in 2021 and is
expected to grow at a CAGR of 3.9 during the
forecast period 2022-2027. This is due to a
significant rise in the building of new
residential, commercial and industrial
establishments across the globe. Particle board,
also known as low-density fiberboard, is utilized
in new construction interior cupboards, furniture
and work surfaces. It is also used in the panels
of walls and floors.
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- Particle Board Market Industry OutlookÂ
- Timber Products Company
- Greenlam
- Uniboard
- Dakota Premium Hardwoods
- EGGER
- Boise Cascade, DR Henderson Pty. Ltd.
- Green Land Particle Board
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Particle Board Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Particle-Boa
rd-Market-Research-503195
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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