Wood Based Panels Market
Wood Based Panels Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Wood Based Panels Market Size and Growth
The global wood based panels market is projected to reach a value of $174.55 billion by 2027, with a CAGR of 5.5% during the forecast period. The market is driven by the increasing demand for sustainable and eco-friendly construction materials. Asia Pacific region is expected to dominate the market.
Companies Covered
(Covid 19 Impact Covered)
◍ Kronospan
◍ Arauco
◍ Daiken New Zealand
◍ Duratex
◍ Georgia-Pacific
◍ Masisa
◍ Swiss Krono Group
◍ Norbord
◍ Louisiana-Pacific
◍ Weyerhaeuser
◍ Egger
◍ Sonae Industria
◍ Pfleiderer
◍ Kastamonu Entegre
◍ Swedspan
◍ Langboard
◍ Finsa
◍ Tolko
The Wood Based Panels Market is highly competitive with key players such as Kronospan, Arauco, Duratex, Georgia-Pacific, Egger, and Weyerhaeuser dominating the market. These companies offer a wide range of wood-based panel products for various applications such as furniture, construction, and packaging, contributing to the growth of the market.
- Kronospan reported annual sales revenue of $4.2 billion
- Arauco reported annual sales revenue of $2.5 billion
- Weyerhaeuser reported annual sales revenue of $7.5 billion
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Market Segmentation
By Application
Furniture
Construction
Flooring
By Product
◍ Particleboard (PB)
◍ Medium Density Fibreboard (MDF)
◍ High Density Fibreboard (HDF)
◍ Oriented Strand Board (OSB)
Plywood
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Market Growth
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$ X Billion USD
