The global particle board market is expected to register a significant growth rate during the forecast period, owing to the changing lifestyles and the increasing young population. This is attributed to the growing demand for readymade furniture, which, in turn, creates a need for particle boards that are used for manufacturing furniture, owing to their cost-effectiveness and easy availability.
The global particle board market has been segmented based on raw material type, product type, application, and region. By raw material type, the global particle board market is segmented into wood, bagasse, and others. The wood segment is further sub-segmented into sawdust, shavings, flakes, and chips. By product type, the COVID-19 Impact on Particle Board Market is segmented into fire-resistant particle board, moisture-resistant particleboard, and raw particleboard. Based on application, the global particle board market is segmented into construction, furniture, infrastructure, and others.
The COVID-19 Impact on Particle Board Market was valued at ~USD 19.3 billion in 2018, is expected to witness a CAGR of around 6.1% during the forecast period.
The Prominent Players in the Global Particle Board Market include Timber Products Company, Roseburg, Uniboard, Associate Decor Limited, Boise Cascade, D&R Henderson Pty Ltd, Dakota Premium Hardwoods, Green Land Particle Board, Century Plyboards India Ltd., Krifor Industries, Shell Laminates Pvt. Ltd, DMK Particleboard LLP, Kunnathan Chip Board Pvt. Ltd, Action TESA, and FA Mitchell.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8650
This study provides an overview of the global particle board market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Europe, Asia-Pacific, North America, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global particle board market by raw material type, product type, application, and region.
By Raw Material
By Product Type
- Fire-Resistant Particle Board
- Moisture-Resistant Particle Board
- Raw Particle Board
- North America
- Middle East & Africa
- South America
Market Research Analysis:
Based on the region, the particle board market has been segmented into Europe, Asia-Pacific, North America, South America, and the Middle East & Africa. In 2018, Asia-Pacific dominated the market in terms of growth rate primarily due to the growth in the wood panel industry in China and India. The furniture industry in Asia-Pacific is rapidly growing due to the growing population and economic development, which is boosting the growth of the domestic particle board market. Moreover, the busy lifestyles and the rising purchasing power in the developing countries, along with the increasing adoption of cost-effective solutions among consumers is also expected to drive the market growth in Asia-Pacific.
Get Complete Report @ https://www.marketresearchfuture.com/reports/particle-board-market-8650
Table of Content:
Chapter 1: Particle Board Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Particle Board Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Particle Board Market Effect Factors Analysis
Chapter 12: Global Particle Board Market Forecast
Read Our Blogs: http://mrfrblog.com/
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
+1 646 845 9312