Medium density fiberboard is an engineered wood product that is manufactured by crushing and refining wood chips. It is a superior alternative to plywood, as it doesn't expand or contract when exposed to humid air. This type of engineered wood also has a lower price tag, making it popular in a variety of applications. Some applications for this type of material include furniture, ceiling molding, and industrial packaging.
Market Dynamics:
Increasing investment in green building construction and rapid growth in furniture industry are prime factor driving growth of the global medium density fibreboard (MDF) market. Expansion of residential sector is also playing significant role in overall development of medium density fibreboard (MDF) market.
On contrary, strict environmental regulations is expected to curtail the market growth. Also, Availability of substitute such as wood-plastic composites, eco-board, and others is again expected to hinder the market growth
Key features of the study:
- This report provides in-depth analysis of the global medium density fibreboard (MDF)market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global medium density fibreboard (MDF)market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include ARAUCO, Daiken Corporation, Duratex SA (DEXCO), EGGER Group, Eucatex SpA, Masisa SA (Grupo Nueva Company), Fantoni SpA, Kastamonu Entegre, Korosten MDF manufacture, Kronoplus Limited, Nelson Pine Industries Limited, Roseburg, Sonae Indústria, SWISS KRONO, West Fraser, and Weyerheause Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global medium density fibreboard (MDF)market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medium density fibreboard (MDF)market
Detailed Segmentation:
- Global Medium Density Fibreboard Market, By Application:
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- Cabinet
- Flooring
- Furniture
- Molding, Door, and Millwork
- Packaging System
- Other Applications
- Global Medium Density Fibreboard Market, By End-User Sector:
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- Residential
- Commercial
- Institutional
- Global Medium Density Fibreboard Market, By Geography:
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- Asia-Pacific
- North America
- Europe
- South America
- Middle East & Africa
