Market Overview:
The global particle board market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for particle board in furniture and interior decoration applications, owing to its properties such as durability, strength, and affordability. In addition, the growing construction industry is also projected to fuel the demand for particle board in ceiling and wall paneling, partition walls, doors, and flooring applications over the forecast period. Based on type, raw particleboard accounted for a major share of the global market in 2017. However, fire resistant particleboard is expected to witness higher growth during the forecast period due its properties such as resistance against fire and high heat fluxes.
Product Definition:
Particle board is a type of engineered wood made from small wood particles glued together. It is denser than plywood and cheaper than solid wood.
Raw Particleboard:
Raw particleboard is a by-product of the wood processing industry. It consists of sawdust and glue, mixed with water to form a slurry which is then passed through rollers to produce boards. The particles in raw particleboard are less than 1/32 inch making them ideal for use in furniture production as they have more stability and strength compared to regular wood particles resulting in better quality end products.
Fire Resistant Particleboard:
Fire-resistant particleboard is a type of wood that has been processed to make it fire-resistant. It is manufactured by combining sawdust and wood chips or slivers with water, and then treating the mixture so that it gains strength as well as durability.
Application Insights:
The furniture and interior decoration application segment led the global particle board market in 2017. This growth can be attributed to increasing demand for high-quality materials in this industry. Furniture and interior decoration is one of the major applications of particle boards as they are used to make office partitions, shelves, display cases, etc.
Ceiling and wall paneling application segment accounted for a significant share in 2017 due to rising use of wood panels with moisture resistance properties for construction of bathroom fittings such as shower walls, bathtubs and washrooms across households globally. These panels also find applications in commercial buildings such as offices owing to their moisture resistance property along with ease of installation features offered by these products. Increasing demand from residential & commercial building users worldwide is expected to drive product consumption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global particle board market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from developing countries such as China, India, and Japan. In addition, increasing construction activities in these regions are likely to drive product demand further.
The raw material cost for manufacturing particleboard is comparatively lower in Asia Pacific as compared to North America or Europe; hence it attracts a greater share of the total industry revenue across all regions. Furthermore, Asia Pacific has been witnessing strong economic growth on account of rapid industrialization and urbanization resulting from high population density within its borders. This trend is expected to have a positive impact on industry expansion over the next eight years or so.
Europe was estimated at USD X million in 2016 owing to growing application scope across major sectors including furniture & household appliances; construction materials; flooring & wall covering products; building insulation materials etc.
Growth Factors:
- Increasing demand from the construction and furniture industries
- Rising disposable income of consumers in developing countries
- Technological advancements in particle board manufacturing processes
- Growing popularity of modular kitchens and wardrobes
- Proliferation of home improvement shows on television
Scope Of The Report
Report Attributes
Report Details
Report Title
Particle Board Market Research Report
By Type
Raw Particleboard, Fire Resistant Particleboard, Moisture Resistant Particleboard
By Application
Furniture and interior decoration, Ceiling and wall paneling, Partition walls, Doors, Flooring
By Companies
Kronospan, DareGlobal Wood, ARAUCO, Kastamonu Entegre, Plummer Forest Products, Evergreen Group, Associate Decor, Integrated Wood Components Inc., PB China, Royal Plywood Company, Segezga Group, Panel Plus, Kopine, Tafisa Canada, SWISS KRONO, Dew River, Roseburg
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Particle Board Market Report Segments:
The global Particle Board market is segmented on the basis of:
Types
Raw Particleboard, Fire Resistant Particleboard, Moisture Resistant Particleboard
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
Furniture and interior decoration, Ceiling and wall paneling, Partition walls, Doors, Flooring
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:
- Kronospan
- DareGlobal Wood
- ARAUCO
- Kastamonu Entegre
- Plummer Forest Products
- Evergreen Group
- Associate Decor
- Integrated Wood Components Inc.
- PB China
- Royal Plywood Company
- Segezga Group
- Panel Plus
- Kopine
- Tafisa Canada
- SWISS KRONO
- Dew River
- Roseburg
Highlights of The Particle Board 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:
- Raw Particleboard
- Fire Resistant Particleboard
- Moisture Resistant Particleboard
- By Application:
- Furniture and interior decoration
- Ceiling and wall paneling
- Partition walls
- Doors
- Flooring
- 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 Particle Board 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?
Particle board is a composite material made of wood fiber and plastic resin. It is often used in construction because it is strong, lightweight, and easy to work with.
Some of the major players in the particle board market are Kronospan, DareGlobal Wood, ARAUCO, Kastamonu Entegre, Plummer Forest Products, Evergreen Group, Associate Decor, Integrated Wood Components Inc., PB China, Royal Plywood Company, Segezga Group, Panel Plus, Kopine, Tafisa Canada, SWISS KRONO, Dew River, Roseburg.
The particle board market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Particle Board Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Particle Board Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Particle Board Market - Supply Chain
4.5. Global Particle Board Market Forecast
4.5.1. Particle Board Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Particle Board Market Size (000 Units) and Y-o-Y Growth
4.5.3. Particle Board Market Absolute $ Opportunity
5. Global Particle Board Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Particle Board Market Size and Volume Forecast by Type
5.3.1. Raw Particleboard
5.3.2. Fire Resistant Particleboard
5.3.3. Moisture Resistant Particleboard
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Particle Board Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Particle Board Market Size and Volume Forecast by Application
6.3.1. Furniture and interior decoration
6.3.2. Ceiling and wall paneling
6.3.3. Partition walls
6.3.4. Doors
6.3.5. Flooring
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Particle Board Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Particle Board Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Particle Board Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Particle Board Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Particle Board Demand Share Forecast, 2019-2026
9. North America Particle Board Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Particle Board Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Particle Board Market Size and Volume Forecast by Application
9.4.1. Furniture and interior decoration
9.4.2. Ceiling and wall paneling
9.4.3. Partition walls
9.4.4. Doors
9.4.5. Flooring
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Particle Board Market Size and Volume Forecast by Type
9.7.1. Raw Particleboard
9.7.2. Fire Resistant Particleboard
9.7.3. Moisture Resistant Particleboard
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Particle Board Demand Share Forecast, 2019-2026
10. Latin America Particle Board Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Particle Board Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Particle Board Market Size and Volume Forecast by Application
10.4.1. Furniture and interior decoration
10.4.2. Ceiling and wall paneling
10.4.3. Partition walls
10.4.4. Doors
10.4.5. Flooring
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Particle Board Market Size and Volume Forecast by Type
10.7.1. Raw Particleboard
10.7.2. Fire Resistant Particleboard
10.7.3. Moisture Resistant Particleboard
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Particle Board Demand Share Forecast, 2019-2026
11. Europe Particle Board Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Particle Board Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Particle Board Market Size and Volume Forecast by Application
11.4.1. Furniture and interior decoration
11.4.2. Ceiling and wall paneling
11.4.3. Partition walls
11.4.4. Doors
11.4.5. Flooring
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Particle Board Market Size and Volume Forecast by Type
11.7.1. Raw Particleboard
11.7.2. Fire Resistant Particleboard
11.7.3. Moisture Resistant Particleboard
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Particle Board Demand Share, 2019-2026
12. Asia Pacific Particle Board Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Particle Board Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Particle Board Market Size and Volume Forecast by Application
12.4.1. Furniture and interior decoration
12.4.2. Ceiling and wall paneling
12.4.3. Partition walls
12.4.4. Doors
12.4.5. Flooring
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Particle Board Market Size and Volume Forecast by Type
12.7.1. Raw Particleboard
12.7.2. Fire Resistant Particleboard
12.7.3. Moisture Resistant Particleboard
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Particle Board Demand Share, 2019-2026
13. Middle East & Africa Particle Board Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Particle Board Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Particle Board Market Size and Volume Forecast by Application
13.4.1. Furniture and interior decoration
13.4.2. Ceiling and wall paneling
13.4.3. Partition walls
13.4.4. Doors
13.4.5. Flooring
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Particle Board Market Size and Volume Forecast by Type
13.7.1. Raw Particleboard
13.7.2. Fire Resistant Particleboard
13.7.3. Moisture Resistant Particleboard
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Particle Board Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Particle Board Market: Market Share Analysis
14.2. Particle Board Distributors and Customers
14.3. Particle Board Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kronospan
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DareGlobal Wood
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ARAUCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kastamonu Entegre
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Plummer Forest Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Evergreen Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Associate Decor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Integrated Wood Components Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PB China
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Royal Plywood Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Segezga Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Panel Plus
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kopine
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tafisa Canada
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SWISS KRONO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Dew River
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Roseburg
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
