PUBLISHER: IMARC | PRODUCT CODE: 1451132
PUBLISHER: IMARC | PRODUCT CODE: 1451132
Particle Board Market Report by Application (Residential, Commercial), Sector (New Construction, Replacement), and Region 2024-2032
The global particle board market size reached US$ 23.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 31.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
Particle board, also known as low-density fiberboard (LDF), is an engineered wood made using a mixture of sawmill shavings, wood chips, sawdust, and synthetic resin. It is affordable, easy to install, lightweight, environment-friendly, and high in density and uniformity. As a result, it is widely utilized in making home furniture, such as kitchen cabinets, bookcases, doors, windows, and wall and floor coverings, in the commercial and residential sectors across the globe. Presently, it is available in different sizes, densities, the geometry of particles, and the amount of adhesive used.
Particle Board Market Trends:
Significant growth in the construction of homes on account of rapid urbanization and the rising global population represents one of the key factors fueling the market growth. Moreover, particle boards can be easily laminated, painted, and wallpapered to improve their overall aesthetic value. This, along with the growing working population and the rising trend of modern offices, is positively influencing the demand for particle boards in commercial establishments for enhanced aesthetics. It is also utilized in places, such as concert venues and recording studios, on account of its remarkable sound-absorbing properties. Additionally, the growing popularity of sports and other outdoor events is contributing to the market growth. Apart from this, the leading manufacturers are focusing on improving the intrinsic properties of particle boards using raw materials that are derived from crop plants. They are also using natural fibers, such as wheat, barley, rice, cotton gin, banana, and coir and kenaf, to launch diverse products, which, in turn, is creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global particle board market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on application and sector.
Breakup by Application:
Residential
Commercial
Based on the application, the residential segment dominates the market, accounting for nearly three-fourths of the total share. Rapid modernization, as well as inflating income levels of individuals, is resulting in the increasing construction of housing projects.
Breakup by Sector:
New Construction
Replacement
The new construction sector currently holds the largest market share as there is a significant rise in the building of residential, commercial, and industrial establishments across the globe.
Breakup by Region:
Asia-Pacific
North America
Europe
Latin America
Middle East and Africa
Europe enjoys the leading position in the market on account of the revival of the real estate sector in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Kastamonu Entegre, Roseburg Forest Products Co., Norbord Inc., Boise Cascade Company, and Columbia Forest Products, Inc.
This report provides a deep insight into the global particle board industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a particle board manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the particle board industry in any manner.
Key Questions Answered in This Report
- 1. What was the global particle board market size in 2023?
- 2. What will be the global particle board market outlook during the forecast period 2024-2032?
- 3. What is the impact of COVID-19 on the global particle board market?
- 4. What is the global particle board market breakup by application?
- 5. What is the global particle board market breakup by sector?
- 6. What are the major global particle board market trends?
- 7. What are the major global particle board market drivers?
- 8. Who are the leading players in the global particle board industry?
- 9. What are the major regional markets in the global particle board industry?
Table of Contents
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 Engineered Wood Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Price Trends
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
6 Global Particle Board Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Price Analysis
- 6.4.1 Key Price Indicators
- 6.4.2 Price Structure
- 6.4.3 Price Trends
- 6.5 Market Breakup by Region
- 6.6 Market Breakup by Application
- 6.7 Market Breakup by Sector
- 6.8 Market Forecast
- 6.9 SWOT Analysis
- 6.9.1 Overview
- 6.9.2 Strengths
- 6.9.3 Weaknesses
- 6.9.4 Opportunities
- 6.9.5 Threats
- 6.10 Value Chain Analysis
- 6.10.1 Overview
- 6.10.2 Forest Owners
- 6.10.3 Sawmills
- 6.10.4 Manufacturers
- 6.10.5 Distributors and Retailers
- 6.10.6 Exporters
- 6.10.7 End-Use Industries
- 6.11 Porter's Five Forces Analysis
- 6.11.1 Overview
- 6.11.2 Bargaining Power of Buyers
- 6.11.3 Bargaining Power of Suppliers
- 6.11.4 Degree of Competition
- 6.11.5 Threat of New Entrants
- 6.11.6 Threat of Substitutes
- 6.12 Key Success and Risk Factors
7 Market Breakup by Region
- 7.1 Asia Pacific
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 North America
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Europe
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Latin America
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Sector
- 9.1 New Construction
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Replacement
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Competitive Landscape
11 Particle Boards Manufacturing
- 11.1 Product Overview
- 11.2 Detailed Process Flow
- 11.3 Various Types of Unit Operation Involved
- 11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
- 12.1 Land Requirements and Expenditures
- 12.2 Construction Requirements and Expenditures
- 12.3 Plant Machinery
- 12.4 Machinery Pictures
- 12.5 Raw Material Requirements and Expenditures
- 12.6 Raw Material and Final Product Pictures
- 12.7 Packaging Requirements and Expenditures
- 12.8 Transportation Requirements and Expenditures
- 12.9 Utilities Requirements and Expenditures
- 12.10 Manpower Requirements and Expenditures
- 12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
- 14.1 Capital Cost of the Project
- 14.2 Techno-Economic Parameters
- 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 14.4 Taxation and Depreciation
- 14.5 Income Projections
- 14.6 Expenditure Projections
- 14.7 Financial Analysis
15 Key Player Profiles
- 15.1 Kastamonu Entegre
- 15.2 Roseburg Forest Products Co.
- 15.3 Norbord Inc.
- 15.4 Boise Cascade Company
- 15.5 Columbia Forest Products, Inc
List of Figures
- Figure 1: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metre), 2018-2023
- Figure 2: Global: Engineered Wood Market: Value Trends (in Billion US$), 2018-2023
- Figure 3: Global: Engineered Wood Market: Average Prices (in US$/Cubic Metre), 2018-2023
- Figure 4: Global: Engineered Wood Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Engineered Wood Market: Breakup by Application (in %), 2023
- Figure 6: Global: Engineered Wood Market: Breakup by Region (in %), 2023
- Figure 7: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 8: Global: Engineered Wood Market Forecast: Value Trends (in Billion US$), 2024-2032
- Figure 9: Global: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018-2023
- Figure 10: Global: Particle Board Market: Value Trends (in Billion US$), 2018-2023
- Figure 11: Particle Board Market: Price Structure
- Figure 12: Global: Particle Board Market: Average Prices (in US$/Cubic Metre), 2018-2023
- Figure 13: Global: Particle Board Market Forecast: Average Prices (in US$/Cubic Metre), 2024-2032
- Figure 14: Global: Particle Board Market: Breakup by Region (in %), 2023
- Figure 15: Global: Particle Board Market: Breakup by Application (in %), 2023
- Figure 16: Global: Particle Board Market: Breakup by Sector (in %), 2023
- Figure 17: Global: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 18: Global: Particle Board Market Forecast: Value Trends (in Billion US$), 2024-2032
- Figure 19: Global: Particle Board Industry: SWOT Analysis
- Figure 20: Global: Particle Board Industry: Value Chain Analysis
- Figure 21: Global: Particle Board Industry: Porters Five Forces Analysis
- Figure 22: Asia-Pacific: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 23: Asia-Pacific: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 24: North America: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 25: North America: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 26: Europe: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 27: Europe: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 28: Latin America: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 29: Latin America: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 30: Middle East and Africa: Particle Board Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 31: Middle East and Africa: Particle Board Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 32: Global: Particle Board (Commercial) Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 33: Global: Particle Board (Commercial) Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 34: Global: Particle Board (Residential) Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 35: Global: Particle Board (Residential) Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 36: Global: Particle Board (in New Construction) Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 37: Global: Particle Board (in New Construction) Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 38: Global: Particle Board (in Replacement) Market: Volume Trends (in Million Cubic Metre), 2018 & 2023
- Figure 39: Global: Particle Board (in Replacement) Market Forecast: Volume Trends (in Million Cubic Metre), 2024-2032
- Figure 40: Particle Board Manufacturing: Detailed Process Flow
- Figure 41: Particle Board Manufacturing: Conversion Rates of Products
- Figure 42: Particle Board Manufacturing Plant: Breakup of Capital Costs (in %)
- Figure 43: Particle Board Industry: Profit Margins at Various Levels of the Supply Chain
- Figure 44: Particle Board Manufacturing Plant: Breakup of Operating Costs (in %)
List of Tables
- Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Particle Board Market: Key Industry Highlights, 2023 and 2032
- Table 3: Global: Particle Board Market Forecast: Breakup by Region (in Million Cubic Metre), 2024-2032
- Table 4: Global: Particle Board Market Forecast: Breakup by Application (in Million Cubic Metre), 2024-2032
- Table 5: Global: Particle Board Market Forecast: Breakup by Sector (in Million Cubic Metre), 2024-2032
- Table 6: Global: Particle Board Market: Competitive Structure
- Table 7: Global: Particle Board Market: Key Players
- Table 8: Particle Board Manufacturing Plant: Costs Related to Land and Site Development (in US$)
- Table 9: Particle Board Manufacturing Plant: Costs Related to Civil Works (in US$)
- Table 10: Particle Board Manufacturing Plant: Costs Related to Machinery (in US$)
- Table 11: Particle Board Manufacturing Plant: Raw Material Requirements (in CBM/Day) and Expenditures (US$/CBM)
- Table 12: Particle Board Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
- Table 13: Particle Board Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
- Table 14: Details of Financial Assistance Offered by Financial Institutions
- Table 15: Particle Board Manufacturing Plant: Capital Costs (in US$)
- Table 16: Particle Board Manufacturing Plant: Techno-Economic Parameters
- Table 17: Particle Board Manufacturing Plant: Taxation and Depreciation
- Table 18: Particle Board Manufacturing Plant: Income Projections (in US$)
- Table 19: Particle Board Manufacturing Plant: Expenditure Projections (in US$)
- Table 20: Particle Board Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
- Table 21: Particle Board Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
- Table 22: Particle Board Manufacturing Plant: Profit and Loss Account (in US$)
