Global particle board market is estimated to grow at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Particle board, also termed as “Low-Density Fibreboard (LDF)”, implies an engineered wood that is produced using a mixture of wood chips, sawmill shavings, a synthetic resin, and sawdust.
The factors that propel the growth of the particle board market include easy availability, high demand, it acts as a fire resistance, moisture resistance, and high temperature resistance. Also, It is used as a construction material as it is affordable, dense, uniform, easy to install, light-weight, and eco-friendly in nature.
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On the other hand, there are factors that may hamper the growth of the market including possibility of weakening and loss of characteristic strength. Also, it cannot be employed for outdoor applications if it isn’t treated with a sealing agent.
Particle board market may be explored by product type, raw material, application, and geography. Particle board market may be explored by product type as Particle board of other ligneous materials and article board of wood. Particle board market may be explored by raw materials as Flakes, Shavings, Chips and Sawdust.
Particle board market could be explored based on application as commercial and residential. The “Residential” segment led the particle board market in 2016 and is anticipated to maintain its dominance by 2022. The key factors that may attributed to the growth of market includes high use of plywood in this sector.
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Particle board market is categorized based on geography into China, Canada, Germany, India, Japan, Italy, Indonesia, Spain, Malaysia, Poland, Mexico, Brazil, South Korea, United Kingdom, United States, Turkey. The “North America and Europe” segment led the particle board market in 2015 and is anticipated to maintain its dominance by 2022. The key factor that may attributed to the growth of market includes increasing demand from numerous end user industry.
The key players contributing to the robust growth of the particle board market comprise Associate Decor Limited, D&R Henderson Pty Ltd, Boise Cascade, Krifor Industries, Green Land Particle Boards among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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The factors that propel the growth of the particle board market include easy availability, high demand, it acts as a fire resistance, moisture resistance, and high temperature resistance. Also, It is used as a construction material as it is affordable, dense, uniform, easy to install, light-weight, and eco-friendly in nature.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-particle-board-market-to-2022/request-sample
On the other hand, there are factors that may hamper the growth of the market including possibility of weakening and loss of characteristic strength. Also, it cannot be employed for outdoor applications if it isn’t treated with a sealing agent.
Particle board market may be explored by product type, raw material, application, and geography. Particle board market may be explored by product type as Particle board of other ligneous materials and article board of wood. Particle board market may be explored by raw materials as Flakes, Shavings, Chips and Sawdust.
Particle board market could be explored based on application as commercial and residential. The “Residential” segment led the particle board market in 2016 and is anticipated to maintain its dominance by 2022. The key factors that may attributed to the growth of market includes high use of plywood in this sector.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-particle-board-market-to-2022
Particle board market is categorized based on geography into China, Canada, Germany, India, Japan, Italy, Indonesia, Spain, Malaysia, Poland, Mexico, Brazil, South Korea, United Kingdom, United States, Turkey. The “North America and Europe” segment led the particle board market in 2015 and is anticipated to maintain its dominance by 2022. The key factor that may attributed to the growth of market includes increasing demand from numerous end user industry.
The key players contributing to the robust growth of the particle board market comprise Associate Decor Limited, D&R Henderson Pty Ltd, Boise Cascade, Krifor Industries, Green Land Particle Boards among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Read all Reports of this category @ https://www.radiantinsights.com/catalog/materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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