Menu
Menu
Menu
Menu
Report Highlights
According to a research survey conducted by ChemView Consulting, Particle Board Market is estimated to be worth US$ 27.84 Bn in 2023. The market is expected to grow at a CAGR of 12.0% between 2023 and 2033 to hit US$ 86.49 Bn by 2033 end.
Key Market Trends
Revolutionizing the Building Industry with IoT Technology
In the coming years, particle boards are set to become smarter with the integration of Internet of Things (IoT) technology. With sensors and smart devices embedded within the boards, they can provide valuable data on temperature, humidity, and other environmental factors that affect the durability and longevity of buildings. This information can be used by architects and engineers to design more resilient structures that are better equipped to withstand the effects of climate change. The use of smart particle boards can also streamline the construction process, reducing waste and improving efficiency.
Nanotechnology in Particle Boards: Building Stronger, Lighter, and More Sustainable Materials
With advances in nanotechnology, particle boards are poised to become stronger, lighter, and more sustainable than ever before. By incorporating nanomaterials such as carbon nanotubes and grapheme into the production process, manufacturers can create boards that are stronger and more durable while using less material. This can help reduce waste and lower the environmental impact of the building industry. Additionally, the use of nanotechnology can enhance the aesthetic appeal of particle boards, opening up new design possibilities for architects and interior designers.
Market Drivers
Rising Demand for Cost-Effective and Eco-Friendly Building Materials to Boost Particle Board Market
Particle board is a type of engineered wood product that is made by compressing wood chips, sawmill shavings, and other wood residues with a resin binder under high pressure and temperature. It is widely used as a cost-effective and eco-friendly alternative to solid wood in various applications such as furniture, flooring, cabinets, and wall panelling. The major market drivers for the particle board market is the rising demand for cost-effective and eco-friendly building materials. With the growing concerns about environmental sustainability, there is a shift towards the use of green building materials that are renewable, recyclable, and biodegradable. Particle board fits the bill as it is made from waste wood products and can be recycled at the end of its useful life.
Advancements in Manufacturing Technology to Propel Particle Board Market Growth
Particle board manufacturers are constantly innovating and investing in new technologies to improve the quality and performance of their products. The use of advanced manufacturing technologies such as hot-pressing, microwave-assisted drying, and laser scanning has led to the production of particle boards with better strength, durability, moisture resistance, and fire retardancy.
Segmentation Insights
After conducting a thorough analysis of the Particle Board Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.
Most Popular (Fastest Growth Rate)
Shavings-Based Particle Board (Furniture Industry)
Shavings-Based Particle Board has emerged as the most popular choice in the Particle Board Market for the Furniture Industry. This type of particle board is made from small, compressed wood shavings, providing excellent dimensional stability, strength, and durability. The low cost, versatility, and eco-friendliness of shavings-based particle board make it the preferred choice for consumers seeking affordable and sustainable furniture solutions.
Most Selling (Largest Market Share)
Flakes-Based Particle Board (Construction Industry)
Flakes-Based Particle Board is the most selling product in the Particle Board Market for the Construction Industry. This type of particle board is made from larger wood flakes and is known for its excellent strength and stiffness, making it ideal for use in flooring, roofing, and wall sheathing applications. The high-performance and cost-effectiveness of flakes-based particle board make it the go-to choice for consumers seeking reliable and durable construction materials.
Trending (Gaining Traction)
Sawdust-Based Particle Board (Industrial Applications)
Sawdust-Based Particle Board is gaining significant traction in the Particle Board Market for Industrial Applications. This type of particle board is made from fine sawdust and offers excellent insulation, sound absorption, and fire resistance properties, making it ideal for use in industrial applications such as packaging, pallets, and crates. The superior functional properties and affordability of sawdust-based particle board make it the trending choice for consumers seeking effective and cost-efficient industrial materials.
Regional Insights
Expansion of Residential and Commercial Construction Boosts Particle Board Market in North America
The North American particle board market is poised for growth, thanks to a number of key drivers that are fueling demand for this versatile building material. One major factor driving growth is the expansion of residential and commercial construction projects across the region. As the population grows and cities become more densely populated, there is a growing need for new housing and commercial buildings.
Rising Demand for Environmentally Friendly Products Driving the Asia Pacific Particle Board Market
With the growing awareness of the need to protect the environment, there has been a significant shift towards the use of sustainable and eco-friendly products. This trend has been reflected in the Asia Pacific particle board market, with an increasing demand for products made from recycled materials and with low formaldehyde emissions. Particle board manufacturers in the Asia Pacific region are focusing on developing products that meet environmental standards and certifications, such as the Forest Stewardship Council (FSC) certification and the California Air Resources Board (CARB) certification. These certifications ensure that the particle board is made from responsibly sourced wood and has low emissions of volatile organic compounds (VOCs).
Report Includes
Market Size Data
Market Background
Pricing Analysis
Value Chain Analysis
Competition Analysis
Research Scope/Taxonomy
Market Analysis by Raw Material:
Market Analysis by Application:
Market Analysis by End Use:
Market analysis by region:
Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
Key Companies Profiled
Why Choose CVC Market Research?;
1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global Particle Board Market Value (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global Particle Board Market Pricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Application W.R.T. Product Type
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10. Global Particle Board Market 2017 – 2032 By Raw Material
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Raw Material [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Shavings
10.3.2. Flakes
10.3.3. Sawdust
10.3.4. Excelsior
10.3.5. Chip
10.4. Market Attractiveness Analysis by Raw Material
11. Global Particle Board Market 2017 – 2032 by Application
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Furniture
11.2.2. Construction
11.3. Market Attractiveness Analysis by Application
12. Global Particle Board Market 2017 – 2032 by End-Use
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Residential
12.2.2. Commercial
12.2.3. Industrial
12.3. Market Attractiveness Analysis by End-Use
13. Global Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14. North America Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Raw Material
14.3.3. By Application
14.3.4. By End-Use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Raw Material
14.4.3. By Application
14.4.4. By End-Use
15. Latin America Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Raw Material
15.3.3. By Application
15.3.4. By End-Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Raw Material
15.4.3. By Application
15.4.4. By End-Use
16. Europe Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Raw Material
16.3.3. By Application
16.3.4. By End-Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Raw Material
16.4.3. By Application
16.4.4. By End-Use
17. Asia-Pacific Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Raw Material
17.3.3. By Application
17.3.4. By End-Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Raw Material
17.4.3. By Application
17.4.4. By End-Use
18. Middle East Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Raw Material
18.4.3. By Application
18.4.4. By End-Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Raw Material
18.5.3. By Application
18.5.4. By End-Use
19. Africa Particle Board Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Raw Material
19.4.3. By Application
19.4.4. By End-Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Raw Material
19.5.3. By Application
19.5.4. By End-Use
20. Competition Analysis
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. Production Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Product Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21. Company Profiles
21.1. Roseburg
21.1.1. Company Overview
21.1.2. Product & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. Uniboard
21.3. Timber Products Company
21.4. Dakota Premium Hardwoods
21.5. Associate Decor Limited
21.6. Boise Cascade
21.7. D & R Henderson Pty Ltd
21.8. Green Land Particle Board
21.9. Krifor Industries
21.10. Shell Laminates Pvt. Ltd
21.11. DMK Particleboard LLP
21.12. Kunnathan Chip Board Pvt. Ltd
21.13. Action TESA
21.14. FA Mitchell
22. Assumptions and Acronyms
Customize Your Report by Choosing Insights You Need and Pay Accordingly
Allow Us to Create and Deliver an Engagement That Exactly Meets Your Requirements and Expectations
Safe & Secure Payments
Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.
Speak to Analyst