PUBLISHER: The Business Research Company | PRODUCT CODE: 1931478
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931478
Oriented Strand Board (OSB) stands as an engineered wood panel crafted from small wood strands or flakes. These components are arranged in layers and bonded together using resin or adhesive, employing high pressure and heat in the manufacturing process.
The primary grades of OSB include Oriented Strand Board/1, Oriented Strand Board/2, Oriented Strand Board/3, and Oriented Strand Board/4. Oriented Strand Board/1 denotes an engineered wood panel created from wood strands bonded via resins. This versatile material finds application in construction for building purposes and in crafting boards for interior fitments. It serves various industries including construction, furniture, flooring, packaging, and more, distributed through both online and offline channels to cater to residential and non-residential end users.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the oriented strand board market by increasing costs of imported wood strands, resins, adhesives, and processing equipment used in osb manufacturing. Construction markets in North America and Europe are most affected due to cross-border timber and resin sourcing, while Asia-Pacific faces cost pressures on export-oriented panel production. These tariffs are increasing material costs and impacting project budgets. At the same time, they are encouraging domestic timber utilization, regional osb manufacturing capacity expansion, and investment in localized wood processing infrastructure.
The oriented strand board market research report is one of a series of new reports from The Business Research Company that provides oriented strand board market statistics, including oriented strand board industry global market size, regional shares, competitors with a oriented strand board market share, detailed oriented strand board market segments, market trends and opportunities, and any further data you may need to thrive in the oriented strand board industry. This oriented strand board market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The oriented strand board market size has grown rapidly in recent years. It will grow from $31.15 billion in 2025 to $35.44 billion in 2026 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to expansion of residential construction activities, rising adoption of prefabricated building materials, growth of wood-based panel manufacturing, availability of sustainable forestry resources, increasing replacement of plywood with osb.
The oriented strand board market size is expected to see rapid growth in the next few years. It will grow to $59.7 billion in 2030 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to increasing infrastructure development projects, rising demand for affordable housing materials, expansion of green building practices, growing investments in engineered wood technology, increasing adoption in non-residential construction. Major trends in the forecast period include increasing use of engineered wood in construction, rising demand for moisture-resistant osb panels, expansion of osb applications in structural flooring, growing preference for cost-effective wood panels, enhanced focus on strength and load-bearing performance.
The increasing trend of home remodeling is expected to drive the growth of the oriented strand board market in the coming years. Home remodeling involves renovating or upgrading residential properties, including structural modifications, layout changes, and aesthetic improvements. Oriented strand board (OSB) is widely used in remodeling projects for applications such as wall sheathing, subflooring, and other structural uses because of its cost-effectiveness, strength, and versatility. For example, in July 2023, according to Angi, a US-based home services platform, average spending on home improvement, maintenance, and emergency projects in 2023 reached $13,667 across an average of 11.1 projects, representing a 6% increase compared with 2022. Therefore, the rise in home remodeling activities is contributing to the growth of the oriented strand board market.
Major companies operating in the oriented strand board market are concentrating on developing panel solutions, such as cost-effective wood strand products, to address rising demand for high-quality engineered wood materials. Cost-effective wood strands refer to wood-based materials designed to deliver strong performance while remaining economical to produce. For instance, in March 2023, Strandply OSB, an India-based plywood supplier, introduced a cost-effective oriented strand board made from wood strands. This OSB panel is manufactured using 100% eucalyptus wood and pure resin. Oriented strand board is an engineered wood product similar to particle board, produced by bonding and compressing layers of wood strands arranged in specific orientations. It is a multi-grain panel that does not require heating or sanding and differs from plywood by using continuous glue lines rather than alternating layers.
In April 2023, LP Building Solutions, a US-based manufacturer of engineered wood products, acquired Forex's Wawa OSB facility for an undisclosed amount. Through this acquisition, LP Building Solutions sought to expand its manufacturing capacity and reinforce its position in the oriented strand board market by improving production capabilities and operational efficiency. Forex is a Canada-based company engaged in the production of oriented strand board and other forest products.
Major companies operating in the oriented strand board market are EGGER Holzwerkstoffe Brilon GmbH & Co. KG, Kronospan Ltd., Louisiana Pacific Corporation, West Fraser Timber Co. Ltd., Swiss Krono Group, Sonae Industria SGPS SA, Norbord Inc., Tolko Industries Ltd., Weyerhaeuser Company, Ainsworth Lumber Co. Ltd., Arbec Forest Products Inc., Roy O. Martin Lumber Company LLC, Suncrest Plydecor, Hutchison Incorporated, LP Building Solutions, Huber Engineered Woods LLC, Georgia-Pacific Wood Products LLC, PotlatchDeltic Corporation, Stora Enso Oyj, Metsa Group, Dongwha Enterprise Co. Ltd., Nippon Paper Industries Co. Ltd., Pfleiderer Group, Resolute Forest Products Inc., Stimson Lumber Company
North America was the largest region in the oriented strand board market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global oriented strand board market report during the forecast period. The regions covered in the oriented strand board market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the oriented strand board market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The oriented strand board market consists of sales of wood fiber, waterproof resin binders, and long strands. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Oriented Strand Board Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses oriented strand board market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for oriented strand board ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The oriented strand board market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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