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Global Oriented Strand Board (OSB) Market Driving Factors, 2021 Market Analysis, Investment Feasibility and Trends

Oriented Strand Board (OSB)

Oriented Strand Board (OSB) Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Oriented Strand Board (OSB) market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Soaring Demand from the Construction Industry

Wood-based panels are crucial to the construction industry, providing high structural durability to roofs and floors, walls, beams, doors, staircase, etc. In OSB panels, they produce a stronger and stiffer panel than other products used in similar types of construction projects. The material eliminates rings and knots, which makes it more uniform. Its structure provides OSB a great deal of strength, alowing to be used in a broad range of applications, particularly for load-bearing applications.
The building and construction industry is currently a thriving industry in several emerging economies of the Asia-Pacific and the South American regions, which is expected to drive the use of OSB, thus minimizing infrastructure failures.
Oriented strand boards are a cost-effective alternative for home construction. As per the National Association of Certified Home Inspectors (NACHI), OSB costs USD 700 less than plywood for a typical 2400-square foot home.
Tiles, plywood, and wooden boards are considered as relatively more expensive than OSB, when it comes to flooring. OSB floors are more suitable than hardwood, as it adds a more natural and decorative effect to the home interior design. Furthermore, the total cost of flooring the entire area with hardwood is quite high.

The to Dominate the Market

The US office space market witnessed slight reduction in growth in 2017, as it experienced a slowdown in tenant expansions, while the overall supply growth remained at about the same level as in 2016. In 2017, an increase of 21 million square feet of office space has been witnessed. This level of “net absorption” is understood to be the lowest since 2012, and is down from 29 million square feet increase from 2016. The usage of OSB in packaging application is on the rise, owing to the growing number of millennial and increasing purchasing power among them. However, packaging application accounts for a small portion in the OSB market. Additionally, the is the largest exporter and importer of goods and services, and hugely relies on wood packaging for proper protection of these goods, which is increasing the demand for OSB for packaging in the country.

Market Overview:

  • The market for oriented strand board is expected to register a CAGR of 6.2%, during the forecast period of 2019-2024. One of the major factors driving the market studied is the growing prominence of OSB, as a substitute to plywood. Emissions of volatile organic compounds (VOCS), like formaldehyde, is expected to hinder the growth of the market studied.
  • The construction industry dominated the market in 2017, and is expected to grow at the fastest rate during the forecast period, owing to the increasing applications, such as floor and roof, walls, etc.
  • Increasing application of OSB in structural insulated panels is likely to act as an opportunity in the future.
  • North America dominated the market across the world, with the largest consumption from the United States.<

    Key Manufacturers Like 

  • Arbec Forest Products Inc.
  • Coillte
  • EGGER Group
  • Georgia
  • Pacific Wood Products LLC
  • Huber Engineered Woods LLC
  • Kronospan Limited
  • KronoSwiss
  • Louisiana
  • Pacific Corporation
  • Norbord Inc.
  • RoyOMartin Lumber Company
  • Sonae Industria SGPS SA
  • Tolko Industries Ltd
  • Weyerhaeuser Company.

    Scope of the Report:

  • This report studies the global Oriented Strand Board (OSB) market size, industry status and forecast, competition landscape and growth opportunity.

    Oriented Strand Board (OSB) market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Oriented Strand Board (OSB) market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Oriented Strand Board (OSB) market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Oriented Strand Board (OSB) market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Oriented Strand Board (OSB) market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Oriented Strand Board (OSB) ?
    • Who are Opportunities, Risk and Driving Force of Oriented Strand Board (OSB) market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Oriented Strand Board (OSB) space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Oriented Strand Board (OSB) market opportunities, market risk and market overview of the Market?

    Lastly, the Global Oriented Strand Board (OSB) Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Oriented Strand Board (OSB) Market Report:

    • To provide a detailed analysis of the market structure along with the Oriented Strand Board (OSB) market forecast of various segments and sub-segments of the Oriented Strand Board (OSB) market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Oriented Strand Board (OSB) market trends that influence the global Oriented Strand Board (OSB) market

    Detailed TOC of Oriented Strand Board (OSB) Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Desirable Properties
    4.1.2 Growing Prominence of OSB, as a Substitute to Plywood
    4.2 Restraints
    4.2.1 Emissions of Volatile Organic Compounds (VOCS), like Formaldehyde
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Grade
    5.1.1 OSB/1
    5.1.2 OSB/2
    5.1.3 OSB/3
    5.1.4 OSB/4
    5.2 End-user Application
    5.2.1 Furniture
    5.2.1.1 Residential
    5.2.1.2 Commercial
    5.2.2 Construction
    5.2.2.1 Floor and Roof
    5.2.2.2 Wall
    5.2.2.3 Door
    5.2.2.4 Column and Beam
    5.2.2.5 Staircase
    5.2.2.6 Other Construction Applications
    5.2.3 Packaging
    5.2.3.1 Food and Beverage
    5.2.3.2 Industrial
    5.2.3.3 Pharmaceutical
    5.2.3.4 Cosmetics
    5.2.3.5 Other Packaging Applications
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Australia & New Zealand
    5.3.1.6 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 The Netherlands
    5.3.3.4 France
    5.3.3.5 Italy
    5.3.3.6 Spain
    5.3.3.7 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Arbec Forest Products Inc.
    6.4.2 Coillte
    6.4.3 EGGER Group
    6.4.4 Georgia-Pacific Wood Products LLC
    6.4.5 Huber Engineered Woods LLC
    6.4.6 Kronospan Limited
    6.4.7 KronoSwiss
    6.4.8 Louisiana-Pacific Corporation
    6.4.9 Norbord Inc.
    6.4.10 RoyOMartin Lumber Company
    6.4.11 Sonae Industria SGPS SA
    6.4.12 Tolko Industries Ltd
    6.4.13 Weyerhaeuser Company

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Application of OSB in Structural Insulated Panels (SIPs)

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