Particle Board Market Report – Forecast (2022 - 2027)

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Particle Board MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The Particle Board Market size is projected to
  reach US27.2 billion by 2027, after growing at
  a CAGR of 3.8 during the forecast period
  2022-2027.
• Particle board, also known as low-density fiberboa
  rd or chipboard, is an engineered wood product
  produced from wood chips, synthetic resin such as
  urea formaldehyde-based resins and lignin and
  other suitable binders.
• The growing furniture industry is anticipated to
  drive the demand for particle boards.

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• Key Takeaways
• The Asia-Pacific region dominates the Particle
  Board Market, owing to the rising growth in the
  building construction industry. For instance,
  according to Invest India, by 2025, the building
  and construction industry is estimated to reach
  US1.4 trillion.
• Rapidly rising demand for Particle Boards in the
  furniture industry for wooden furniture has
  driven the growth of the Particle Board market.
• However, the problems associated with Particle
  Boards such as low strength and low density as
  compared to other fiberboards can hinder the
  growth of the particle board market.

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• Particle Board Market Segment Analysis by
  Application
• The new construction segment held the largest
  Particle Board Market share in 2021 and is
  expected to grow at a CAGR of 3.9 during the
  forecast period 2022-2027.
• This is due to a significant rise in the building
  of new residential, commercial and industrial
  establishments across the globe.
• Particle board, also known as low-density
  fiberboard, is utilized in new construction
  interior cupboards, furniture and work surfaces.
• Rising new constructions would drive the demand
  for Particle Boards in various applications and
  would raise the growth of the market over the
  forecast period.

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• Particle Board Market Industry Outlook
• Timber Products Company
• Greenlam
• Uniboard
• Dakota Premium Hardwoods
• EGGER
• Boise Cascade, DR Henderson Pty. Ltd.
• Green Land Particle Board
• Century Plyboards India Ltd.

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Particle Board Market Learn More About the
Report _at_ https//www.industryarc.com/Research/P
article-Board-Market-Research-503195
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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  503195

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