Oriented Strand Board (OSB) Market Report by Grade (OSB/1, OSB/2, OSB/3, OSB/4), Application (Construction, Furniture, Flooring, Packaging, and Others), End User (Residential, Non-residential), and Region 2024-2032
The global oriented strand board (OSB) market size reached 35.0 Million Cubic Meters in 2023. Looking forward, IMARC Group expects the market to reach 48.9 Million Cubic Meters by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Oriented strand board (OSB) refers to a type of stiff, structural, strong, and versatile engineered wood-based panel product. It is manufactured using waterproof heat-cured adhesives and rectangularly shaped wood strands that are arranged in cross-oriented layers. It is widely used for floor underlayment, wall sheathing, roof cover, staircase, trailer liners, subflooring and recreational vehicles. OSB is manufactured in various grades with improved moisture resistance, versatility, toughness, cost-effectiveness, and good dimensional stability. It also resists shape distortion, racking, deflection and delamination due to which it is widely used in flooring, construction, furniture and packaging applications.
Oriented Strand Board (OSB) Market Trends:
Significant growth in the construction industry across the globe is creating a positive outlook for the market. OSB is widely used in residential and non-residential buildings in a wide range of applications, such as solid walls, squeak-free floors and roof sheathing. In line with this, the widespread product utilization in the construction of doors, floors and roofs, columns, staircases and beams is favoring the market growth. Moreover, various technological advancements, such as the introduction of lightweight, customized and waterproof OSB that assists in water absorption and prevents moisture build-up, are providing an impetus to the market growth. Additionally, the increasing number of green building constructions and the rising demand for eco-friendly and sustainable building resources, such as OSB, is positively impacting the market growth. An overall increase in the environmental consciousness, coupled with an enhanced focus toward sustainable development is acting as another major growth-inducing factor. Other than this, the extensive utilization of the board for packaging various items, such as food and beverages, pharmaceuticals, and cosmetics, due to its humidity resistance, durability and long-lasting properties, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global oriented strand board (OSB) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on grade, application and end user.
Breakup by Grade:
OSB/1
OSB/2
OSB/3
OSB/4
Breakup by Application:
Construction
Furniture
Flooring
Packaging
Others
Breakup by End User:
Residential
Non-residential
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC (J.M. Huber Corporation), Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
Key Questions Answered in This Report
1. What was the size of the global oriented strand board (OSB) market in 2023?
2. What is the expected growth rate of the global oriented strand board (OSB) market during 2024-2032?
3. What has been the impact of COVID-19 on the global oriented strand board (OSB) market?
4. What are the key factors driving the global oriented strand board (OSB) market?
5. What is the breakup of the global oriented strand board (OSB) market based on the grade?
6. What is the breakup of the global oriented strand board (OSB) market based on the application?
7. What are the key regions in the global oriented strand board (OSB) market?
8. Who are the key players/companies in the global oriented strand board (OSB) market?
Oriented strand board (OSB) refers to a type of stiff, structural, strong, and versatile engineered wood-based panel product. It is manufactured using waterproof heat-cured adhesives and rectangularly shaped wood strands that are arranged in cross-oriented layers. It is widely used for floor underlayment, wall sheathing, roof cover, staircase, trailer liners, subflooring and recreational vehicles. OSB is manufactured in various grades with improved moisture resistance, versatility, toughness, cost-effectiveness, and good dimensional stability. It also resists shape distortion, racking, deflection and delamination due to which it is widely used in flooring, construction, furniture and packaging applications.
Oriented Strand Board (OSB) Market Trends:
Significant growth in the construction industry across the globe is creating a positive outlook for the market. OSB is widely used in residential and non-residential buildings in a wide range of applications, such as solid walls, squeak-free floors and roof sheathing. In line with this, the widespread product utilization in the construction of doors, floors and roofs, columns, staircases and beams is favoring the market growth. Moreover, various technological advancements, such as the introduction of lightweight, customized and waterproof OSB that assists in water absorption and prevents moisture build-up, are providing an impetus to the market growth. Additionally, the increasing number of green building constructions and the rising demand for eco-friendly and sustainable building resources, such as OSB, is positively impacting the market growth. An overall increase in the environmental consciousness, coupled with an enhanced focus toward sustainable development is acting as another major growth-inducing factor. Other than this, the extensive utilization of the board for packaging various items, such as food and beverages, pharmaceuticals, and cosmetics, due to its humidity resistance, durability and long-lasting properties, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global oriented strand board (OSB) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on grade, application and end user.
Breakup by Grade:
OSB/1
OSB/2
OSB/3
OSB/4
Breakup by Application:
Construction
Furniture
Flooring
Packaging
Others
Breakup by End User:
Residential
Non-residential
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC (J.M. Huber Corporation), Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
Key Questions Answered in This Report
1. What was the size of the global oriented strand board (OSB) market in 2023?
2. What is the expected growth rate of the global oriented strand board (OSB) market during 2024-2032?
3. What has been the impact of COVID-19 on the global oriented strand board (OSB) market?
4. What are the key factors driving the global oriented strand board (OSB) market?
5. What is the breakup of the global oriented strand board (OSB) market based on the grade?
6. What is the breakup of the global oriented strand board (OSB) market based on the application?
7. What are the key regions in the global oriented strand board (OSB) market?
8. Who are the key players/companies in the global oriented strand board (OSB) market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ORIENTED STRAND BOARD (OSB) MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY GRADE
6.1 OSB/1
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 OSB/2
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 OSB/3
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 OSB/4
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY APPLICATION
7.1 Construction
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Furniture
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Flooring
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Packaging
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 MARKET BREAKUP BY END USER
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-residential
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arbec Forest Products Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Coillte
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 EGGER Group
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Huber Engineered Woods LLC (J.M. Huber Corporation)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Koch Industries Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 Kronospan
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Louisiana-Pacific Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 RoyOMartin
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 SWISS KRONO Group
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Tolko Industries Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 West Fraser Timber Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Weyerhaeuser Company
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ORIENTED STRAND BOARD (OSB) MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY GRADE
6.1 OSB/1
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 OSB/2
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 OSB/3
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 OSB/4
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY APPLICATION
7.1 Construction
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Furniture
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Flooring
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Packaging
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 MARKET BREAKUP BY END USER
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-residential
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arbec Forest Products Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Coillte
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 EGGER Group
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Huber Engineered Woods LLC (J.M. Huber Corporation)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Koch Industries Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 Kronospan
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Louisiana-Pacific Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 RoyOMartin
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 SWISS KRONO Group
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Tolko Industries Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 West Fraser Timber Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Weyerhaeuser Company
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
