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Worldwide Medium-Density Fiberboard (MDF) Market Outlook to 2024: Emerging Trends and Will Generate New Growth Opportunities Status

Medium-Density Fiberboard (MDF)

The report focuses on the favorable Global “Medium-Density Fiberboard (MDF) market” and its expanding nature. The Medium-Density Fiberboard (MDF) market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The market for medium-density fiberboard is expected to grow at a CAGR of 4.1% during the forecast period of 2019 – 2024. A major factor driving the market studied are the increase in demand for MDF for furniture. Stringent government regulations are expected to hinder the growth of the market studied.
  • The furniture segment dominated the market in 2017 and is expected to expand at the fastest rate during the forecast period owing to the rapid growth in residential construction activities across the globe.
  • Growing residential construction in the Asia-Pacific Region is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the globe with the largest consumption followed by .

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    Key Manufacturers

  • Arauco
  • DAIKEN CORPORATION
  • Dare panel group co.,ltd.
  • Duratex SA
  • EGGER Group
  • Eucatex
  • Fantoni Spa
  • Masisa (Grupo Nueva Company)
  • Kastamonu Entegre
  • Korosten MDF manufacture
  • Kronoplus Limited
  • Nelson Pine Industries Limited (Sumitomo Forestry Company Ltd)
  • Norbord Inc.
  • Roseburg
  • Sonae Industria, SGPS, SA
  • SWISS KRONO Tec AG
  • West Fraser Timber Co. Ltd.
  • Weyerheause Company

    Market Dynamics: –

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

    Medium-Density Fiberboard (MDF) 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 Medium-Density Fiberboard (MDF) market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Medium-Density Fiberboard (MDF) market have also been involved in the study.

    Scope of the Report:

  • Medium-density fiberboard (MDF) or dry-process fiberboards have a fiber moisture content of less than 20% at the stage of forming and a density ≥ 450 kg/m3. These boards are essentially produced under heat and pressure, with the addition of a synthetic adhesive.

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    TOC of Medium-Density Fiberboard (MDF) Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Medium-Density Fiberboard (MDF) market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Medium-Density Fiberboard (MDF) Market Report Covered:

    • The report analyses how Medium-Density Fiberboard (MDF) market will grow in the future.
    • Analyzing various perspectives of the Medium-Density Fiberboard (MDF) market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Medium-Density Fiberboard (MDF) market shares and policies employed by the major market players.
    • Competitive landscape including the Medium-Density Fiberboard (MDF) market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Medium-Density Fiberboard (MDF) market players

    Key Market Trends:

    Residential- Fastest-growing end-user sector

    MDF, due to its superior grade, is considered more stable than solid wood. MDF has better resistivity towards changes in heat and humidity, and is hence preferred for furniture, cabinetry, and flooring.
    MDF is further used in decorative doors and panels, sculptures and moldings, beds, sofas, etc. Growing construction of residential projects all across the world is expected to drive the market for MDF through the forecast period.
    India, China, and are expected to dominate the residential construction market through the forecast period.
    In United States, the residential construction sector is expected to rise by around 6% in 2018, with construction for single-family expected to rise by 9% during the same year.
    In India, new housing launches across top seven cities in the country increased by 27% year-on-year in January-March 2018, with further growth expected through the rest of the year, owing to the strong demand for residential construction. The housing sector in the country is expected to contribute around 11% to the country’s GDP by 2020. Additionally, continuous investments in the real estate sector is expected to drive the consumption of MDF in the residential sector in the country.
    In , Germany, which leads the construction sector in the region, is embarking on a new era of high-rise living. By 2018, around 9,770 apartments were built in 79 residential high-rise towers.
    Overall, the booming residential market is expected to drive the use of MDF in the particular sector through the forecast period.

    Asia-Pacific Region to Lead the Market

    Asia-Pacific region dominated the global market share in 2017 holding a share of more than 60%. The increasing construction activities in China, South Korea, and Japan is boosting the demand for MDF in the region. China accounted for almost for more than 55% of the global share in 2017. The rapid growth in consumption of medium density fiberboard (MDF) in China has been majorly driven by the ample developments in the residential and commercial construction sectors, which are being supported by the growing economy. In 2018, the annual GDP growth rate of China grew by 6.6%. The GDP is further expected to record a growth of 6.1% in 2019 with the industrial and construction sectors accounting for approximately 50% of the GDP. The year 2016 was the first year of China’s 13th Five Year Plan. It was an important year for the country’s engineering, procurement, and construction (EPC) industry, as it ventured into new business models domestically and internationally. In 2017, China’s construction industry started recovering, due to the government’s push for construction investment as a means to sustain economic growth. Furthermore, Japan’s housing sector is expected to witness moderate growth, owing to the increased investments over the past few years. Japan spent USD 61 billion on infrastructure, in 2017. Increase in household spending has, in turn, increased the demand for remodeling of houses. The 2020 Olympics is expected to boost the new commercial construction in the country, and act as a major driver for the market studied.

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    Study objectives of Medium-Density Fiberboard (MDF) Market Report:

    • To provide a detailed analysis of the market structure along with the Medium-Density Fiberboard (MDF) market forecast of various segments and sub-segments of the Medium-Density Fiberboard (MDF) 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 Medium-Density Fiberboard (MDF) market trends that influence the global Medium-Density Fiberboard (MDF) market

    Detailed TOC of Medium-Density Fiberboard (MDF) 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 Rise in Defense Expenditure of Many Countries
    4.1.2 Increasing Demand of Lightweight Materials in the Aerospace and Defense Industry
    4.2 Restraints
    4.2.1 Need for High Investments in R&D
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force 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
    4.5 Price Analysis

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Cabinet
    5.1.2 Flooring
    5.1.3 Furniture
    5.1.4 Molding, Door, and Millwork
    5.1.5 Packaging System
    5.1.6 Other Applications
    5.2 End-user Sector
    5.2.1 Residential
    5.2.2 Commercial
    5.2.3 Institutional
    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 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
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of
    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 & 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 Arauco
    6.4.2 DAIKEN CORPORATION
    6.4.3 Dare panel group co.,ltd.
    6.4.4 Duratex SA
    6.4.5 EGGER Group
    6.4.6 Eucatex
    6.4.7 Fantoni Spa
    6.4.8 Masisa (Grupo Nueva Company)
    6.4.9 Kastamonu Entegre
    6.4.10 Korosten MDF manufacture
    6.4.11 Kronoplus Limited
    6.4.12 Nelson Pine Industries Limited (Sumitomo Forestry Company Ltd)
    6.4.13 Norbord Inc.
    6.4.14 Roseburg
    6.4.15 Sonae Industria, SGPS, SA
    6.4.16 SWISS KRONO Tec AG
    6.4.17 West Fraser Timber Co. Ltd.
    6.4.18 Weyerheause Company

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Growing Residential Construction in the Asia- Pacific Region
    7.2 Growing Prominence for Production of Specialty MDF (Like Moisture-resistant MDF In )

     

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