MEDIUM DENSITY FIBREBOARD MARKET ANALYSIS

Market Challenges And Opportunities

Global Medium Density Fiberboard Market: Restraints

• Strict environmental regulations: Strict environmental regulations is expected to curtail the market growth. For instance, in 2007, the California Air Resources Board (CARB) issued regulations to cap formaldehyde emissions from composite panels used in finished consumer products. Most of the manufacturers in the U.S. are following the CARB rules. The limit for Phase I of the regulation was not more than 0.21 parts per Billion. The CARB regulations Phase II limits for thin MEDIUM DENSITY FIBERBOARD, which became effective on January 1, 2012, which limits emissions to not more than 0.13 parts per Billion.
• Presence of substitute such as wood-plastic composites and eco-board: Wood plastic composites (WPCs) are composites manufactured from predominantly (typically synthetic) thermoplastic resins and wood flour filler, though thermoset resins and naturally derived resin systems may also be used. WPCs have been developed over the last 40 years, and their application areas have expanded to both structural and non-structural applications.Counterbalance: Factors like resin, wood species of the fibre, the pressing temperature, and time elapsed since manufacture, and ambient conditions need to be taken into consideration before selection of MEDIUM DENSITY FIBERBOARD in order to reduce emissions from MEDIUM DENSITY FIBERBOARD.

Market Opportunities:

Growing prominence of production of speciality MEDIUM DENSITY FIBERBOARD in Europe is expected to serve major growth opportunities over the forecast period. For instance, according to the European Panel Federation's (EPF), the MEDIUM DENSITY FIBERBOARD manufacturing plants in Europe, are majorly located in Russia, Turkey, Ukraine, and Belarus. All European MEDIUM DENSITY FIBERBOARD manufacturers produced standard grade, while many MEDIUM DENSITY FIBERBOARD mills fabricated various grades of special products. Around 75% of the mills also produce moisture-resistant MEDIUM DENSITY FIBERBOARD, and 65% produce melamine-faced MEDIUM DENSITY FIBERBOARD.

Increasing application of MEDIUM DENSITY FIBERBOARD in decorative articles is again anticipated to shape the market growth positively in the near future. It is widely used in making various bases such as nameplates, cutlery holders, key holders, tissue boxes, chocolate boxes, trays, wall shelves, jewellery boxes, furniture, shadow boxes, wall accents, and embellishments frames. In addition, it is also used in the production of various shapes of cut-outs alphabet, monogram cut-outs, and others