Global Particle Board Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Particle Board Market 2021 (Includes Business Impact of COVID-19)
Global Particle Board Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global particle board market report has been segmented on the basis of raw materials, application, end user, and region.
Request Covid - 19 Impact
The global Particle Board market size was valued at USD$20.05 billion in 2020 and is projected to reach USD $32.05 billion by 2030, and is anticipated to expand at a CAGR of 4.67% over the forecast period from 2020 to 2030.


Global Particle Board Market: Overview


Particleboard which is also called as low-density fiberboard (LDF) or chipboard, is an engineered wood-based product obtained through sawmill shavings, wood chips, or sawdust, which is further pressed and extruded. Particleboard consisting of different properties and benefits including light-weight in nature, temperature and moisture resistance, lower in cost, and availability in various types according to their density.


Global Particle Board Market: Dynamics


Increasing renovation and construction activities across the globe are one of the key factor expected to drive growth of the target market. In addition, rapid urbanization and inclination towards adding an aesthetic look to the interior of the building, coupled with increased spending capacity are some additional factors among others projected to support the revenue growth of the global market. These boards serve as a cost-effective alternative for the plywood, which is other factor anticipated to fuel growth revenue of the global market over the forecast period.

However, lower durability of the particle board as compared to plywood is a major factor expected to restrain the global market growth over the forecast period. In addition, the availability of alternative material including medium-density fiberboard is another factor which may hamper the target market growth to a certain extent.


Global Particle Board Market: Segmental Analysis


Among the raw material segments, the shavings segment is projected to register significant growth.

Among the application segments, the furniture segment is anticipated to account for significant shares of the global market, in terms of revenue, owing to increasing demand for low-cost and aesthetic furniture globally.

Among the end user segments, the residential segment is projected to register substantial growth over the forecast period. This can be attributed to increasing residential construction activities along with demand for cost-effective household furniture worldwide.


Global Particle Board Market: Regional Analysis


Asia Pacific market for particle board is projected to account for significant revenue shares of the target market. This can be attributed to the ample availability of the raw materials required for manufacturing the particle board. In addition, the strong presence of the furniture manufacturing industry in developing countries such as India and China is a factor projected to support the revenue growth of the target market in this region. Increasing demand for better accommodation facilities coupled with increasing spending capacity results in growing residential construction projects, which is expected to support growth of the target market. The market in North America and Europe are projected to dominate the particle board and continue dominance over the forecast period, which can be attributed to the changing lifestyle of the population coupled with high disposable income.


Below are the active patents related to Particle Board Market.


Patent Number: US8398905B2

Particle board

Abstract

The present invention relates to a particle board comprising a lower and an upper surface layer (9, 11) having a finer fraction of particles (4), and between these surface layers (9, 11) an intermediate layer (13) having a coarser fraction of particles (5). The intermediate layer (13) has a varying density.

Application File Date: 2012-05-10

Application Granted Date: 2013-03-19

Current Assignee: IKEA Supply AG

Patent Number: US20100003356A1

Apparatus for scattering fibrous material, e.g. chips

Abstract

An apparatus for scattering fibrous material, e.g., chips, said apparatus serving to spread chips using either a throw or air-jet spreading method to form a mat (3) of chips onto a moving band conveyor (4) or the like, whereby the scattering process avails a gas flow, such as air flow, for instance; the apparatus having a scattering chamber mounted above the band conveyor or the like. The invention is implemented such that, in order to prevent lateral turbulence, the volume of the scattering chambers length wherein the major portion of the material being scattered falls onto the band conveyor or the like is at least partially divided into smaller subspaces adjacent to each other in the cross-machine direction by substantially thin plate-like elements (9) set apart from each other in cross-machine direction at a spacing substantially larger than the particle size of the material being scattered.

Application File Date: 2007-11-07

Application Granted Date: 2012-08-14

Current Assignee: Dieffenbacher Panelboard Oy

Patent Number: US10864653B2

Wood particle boards

Abstract

A non-carbohydrate polyhydroxy component(s) is used in a binder composition to facilitate manufacture of wood particle boards.

Application File Date: 2016-10-07

Application Granted Date: 2020-12-15

Current Assignee: Knauf Insulation SPRL

Global Particle Board Market Segmentation:

Segmentation by Raw Material:

  
Shavings
  
Flakes
  
Sawdust
  
Chip

By Application

  
Construction
  
Furniture
  
Infrastructure
  
Other Applications

Segmentation by End User:

  
Residential
  
Commercial
  
Industrial


Key Market Players included in the report:


  
Action TESA
  
ARAUCO
  
Associate Decor Limited
  
Boise Cascade
  
Century Plyboards India Ltd
  
D&R Henderson Pty Ltd
  
Dakota Premium Hardwoods
  
DareGlobal Wood
  
Dew River
  
DMK Particleboard LLP
  
Evergreen Group
  
FA Mitchell.
  
Georgia-Pacific
  
Green Land Particle Board
  
Integrated Wood Components Inc.
  
Kastamonu Entegre
  
Kopine
  
Krifor Industries
  
Kronospan
  
Kunnathan Chip Board Pvt. Ltd
  
Panel Plus
  
PB China
  
Plummer Forest Products
  
Roseburg Forest Products
  
Royal Plywood Company
  
Segezga Group
  
Shell Laminates Pvt. Ltd
  
SWISS KRONO
  
Tafisa Canada
  
Timber Products Company
  
Uniboard
  
Wanhua Ecoboard Co.,Ltd
  
West Fraser