Industry Insights
Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products.
This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Oriented Strand Board (OSB) Market: Market Variables, Trends & Scope
Chapter 4 Oriented Strand Board (OSB) Market: Product Estimates & Trend Analysis
Chapter 5 Oriented Strand Board (OSB) Market: Application Estimates & Trend Analysis
Chapter 6 Oriented Strand Board (OSB) Market: End-use Estimates & Trend Analysis
Chapter 7 Oriented Strand Board (OSB) Market: Industrial End-use Estimates & Trend Analysis
Chapter 8 Oriented Strand Board (OSB) Market: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Oriented Strand Board (OSB) Market: Manufacturers Company Profiles
Application Insights
In 2014, construction segment accounted over USD 4.0 million. Increasing consumption of structural insulated panels, industrial containers, single-layer flooring, subflooring, webs for wood I-joists, wall and roof sheathing, mezzanine deck, and sheathing ceiling is expected to drive product demand over the forecast period.
In terms of revenue, packaging is projected to grow at a CAGR of 29.0% over the forecast period. The high level of strength exhibited by these products coupled with low prices is boosting demand in this application segment. Growing packaging industry in countries such as UK, Hong Kong, India, Canada, Thailand, Taiwan, U.S., Singapore, China, and Australia is likely to fuel the market growth over the forecast period.
Regional Insights
In terms of volume, North America was the largest global market and accounted for over 55.0% in market share owing to raw material availability and strong environmental regulations. The growing export from Canada is expected to drive market growth over the forecast period.
Asia Pacific witnessed rapid growth in construction and packaged foods industry. The rising disposable income coupled with urbanization in emerging economies is expected to have a positive impact on market demand for oriented strand board.
Top Key Players of Global Oriented Strand Board (OSB) Market :
The key players in the oriented strand board market are Huber, Norbord, Louisiana-Pacific, ARBEC, Georgia-Pacific, Weyerhaeuser, RoyOMartin and Ainsworth Lumber Co. Home featuring material such as LP TechShield Radiant Barrier Sheathing developed by Louisiana-Pacific was favored by The U.S. Green Building Council (USGBC).
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