Oriented strand board (OSB) is engineered wood operational panel that is steadily achieving popularity. It is a sheet constituent in which moderately long constituents of wood are fused together with artificial resin bonding agent. OSB differs in colour right from light colour to average brown dependent on wood class, pressing conditions and resin system. OSB’s strength primarily comes from the unremitting wood fiber, intertwining of long strands and grade of orientation of constituents in surface layers.

Market Dynamics

Rising consumption of OSB by office and home furniture sector is majorly driving growth of oriented strand board market. However, unpredictability in prices of raw materials is affecting oriented strand board market. With increase in development to produce new packing material is expected to boost future growth opportunities for oriented strand board market.

Market Classification

The market can be bifurcated on the basis of type, application and geography. By type, oriented strand board market can be segmented intoOSB/1, OSB/2, OSB/3 and OSB/4. By application, oriented strand board market can be segmented into construction, packaging, furniture and others. On the basis of geography, the oriented strand board marketcan be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in oriented strand board market include Huber Engineered Woods, Weyerhaeuser Company, Kronospan, Langboard, Norbord Inc., Tolko Industries Ltd., Georgia-Pacific LLC, Louisiana-Pacific(Lp), Arbec, Sojitz Building Materials Corporation, Egger, Royomartin, and Hubei Baoyuan Wood Industry Co., Ltd., among others.

Market Segmentation

Market By Type

OSB/1

OSB/2

OSB/3

OSB/4

Market By Application

Construction

Packaging

Furniture

Others

Market By Region

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa