Market Overview:
The global wood fiber boards market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wood fiber boards from construction and automotive industries. In terms of type, porous wood fiber board is expected to dominate the market during the forecast period, owing to its properties such as high porosity and good insulation properties. In terms of application, construction industry is expected to account for a major share of the global wood fiber boards market during the forecast period.
Product Definition:
Wood fiber boards are made of wood fibers that have been compressed and glued together. They are used for a variety of purposes, including flooring, furniture, and cabinetry. Wood fiber boards are important because they are durable and affordable.
Porous Wood Fiber Board:
Porous wood fiber board, also known as perlite or micro-crystaline cellulose, is a highly porous and lightweight natural product. It has the ability to absorb approximately three times its own weight in water and can hold up to 20% of its dry weight in moisture. The material is considered safe for use in food contact applications due to low levels of toxic substances such as bacteria, mold spores and fungi on account of being a naturally occurring substance derived from plant materials.
Hard Wood Fiber Board:
Hardwood fiber board is manufactured from wood pulp and has high demand in end-use industries such as construction, furniture, flooring and paneling. The growth of the construction industry on account of rapid urbanization coupled with increasing renovation activities is expected to remain a key driving factor for the global hardwood fiber boards market over the forecast period. Increasing preference towards eco-friendly products in order to reduce carbon footprints into the environment is likely to propel product demand over the next seven years.
Application Insights:
The construction industry was the largest application segment in 2016, accounting for over 50.0% share of the global volume. The product is widely used in residential and non-residential structures owing to its lightweight properties and cost-effectiveness. Increasing urbanization has led to an increase in construction activities globally, thereby supporting the growth of the segment over the forecast period.
Wood fiber boards are increasingly being utilized as a substitute for traditional materials such as particleboard and plywood due to their superior characteristics including natural look, texture variation and grain pattern options that can be selected based on specific design requirements for various applications across interior & exterior designs of automobiles or commercial vehicles respectively.
Other major applications include industrial assembly line components such as machine tools, storage cabinets/cases/racks etc., household products like dishwashers, dryer drums etc.
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017, owing to the presence of stringent regulations regarding VOC emissions from woodworking machinery and growing environmental concerns among consumers. Moreover, increasing demand for green building construction is expected to drive the regional product demand over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6.5% during the forecast years on account of rapid urbanization and rising disposable income levels in emerging economies such as China and India that are major manufacturing hubs for this industry. In addition, supportive government policies aimed at promoting investments in infrastructure development are anticipated to fuel market growth over next eight years or so until 2030 AD (Yearly Average).
Growth Factors:
- Increasing demand from construction and furniture industries for wood fiber boards as a substitute to traditional materials such as plywood, particle board, and MDF.
- Rising awareness about the benefits of using wood fiber boards among consumers due to its environmental friendly nature and superior quality compared to other substitutes.
- Technological advancements in manufacturing processes that have resulted in improvement in the quality and performance of wood fiber boards products.
- Growing popularity of DIY (Do It Yourself) projects which has led to an increase in demand for wood fiber boards for various applications such as flooring, wall paneling, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Fiber Boards Market Research Report
By Type
Porous Wood Fiber Board, Hard Wood Fiber Board
By Application
Construction Industry, Car Interiors, Other Applications
By Companies
Evergreen, Pavatex, Sierra Pine, Roseburg, Saint Gobain, USG, Johns Manville, Georgia-Pacific, National, Greenspec, Evergreen, Associate Decor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Wood Fiber Boards Market Report Segments:
The global Wood Fiber Boards market is segmented on the basis of:
Types
Porous Wood Fiber Board, Hard Wood Fiber Board
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Industry, Car Interiors, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evergreen
- Pavatex
- Sierra Pine
- Roseburg
- Saint Gobain
- USG
- Johns Manville
- Georgia-Pacific
- National
- Greenspec
- Evergreen
- Associate Decor
Highlights of The Wood Fiber Boards Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Porous Wood Fiber Board
- Hard Wood Fiber Board
- By Application:
- Construction Industry
- Car Interiors
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wood Fiber Boards Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wood fiber boards are made from a mixture of wood chips and resin. The resin is what makes the board strong and waterproof. The wood chips make the board flexible, which is why it's often used for flooring or as a backing for wallpaper.
Some of the major players in the wood fiber boards market are Evergreen, Pavatex, Sierra Pine, Roseburg, Saint Gobain, USG, Johns Manville, Georgia-Pacific, National, Greenspec, Evergreen, Associate Decor.
The wood fiber boards market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wood Fiber Boards Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wood Fiber Boards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wood Fiber Boards Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wood Fiber Boards Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wood Fiber Boards Market Size & Forecast, 2020-2028
4.5.1 Wood Fiber Boards Market Size and Y-o-Y Growth
4.5.2 Wood Fiber Boards Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Porous Wood Fiber Board
5.2.2 Hard Wood Fiber Board
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Car Interiors
6.2.3 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood Fiber Boards Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wood Fiber Boards Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Porous Wood Fiber Board
9.6.2 Hard Wood Fiber Board
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Car Interiors
9.10.3 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Porous Wood Fiber Board
10.6.2 Hard Wood Fiber Board
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Car Interiors
10.10.3 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Porous Wood Fiber Board
11.6.2 Hard Wood Fiber Board
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Car Interiors
11.10.3 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Porous Wood Fiber Board
12.6.2 Hard Wood Fiber Board
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Car Interiors
12.10.3 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Porous Wood Fiber Board
13.6.2 Hard Wood Fiber Board
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Car Interiors
13.10.3 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wood Fiber Boards Market: Competitive Dashboard
14.2 Global Wood Fiber Boards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evergreen
14.3.2 Pavatex
14.3.3 Sierra Pine
14.3.4 Roseburg
14.3.5 Saint Gobain
14.3.6 USG
14.3.7 Johns Manville
14.3.8 Georgia-Pacific
14.3.9 National
14.3.10 Greenspec
14.3.11 Evergreen
14.3.12 Associate Decor
