Oriented Strand Board (OSB) Market Growth Rate Analysis 2019 Intelligence Insights of Market Size, Scope, Breakdown Data Forecast to 2024
The Oriented Strand Board (OSB) Market report 2019 provides complete information of key players across the globe. Company provides detailed analysis of market and future aspects of “Oriented Strand Board (OSB) Market”. The report focuses on critical and significant data which makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis.
Scope of the Report:
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Market Dynamics: –
- Drivers: (Developing regions and growing markets)
- Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
- Opportunities: (Regional, Growth Rate, Competitive, Consumption)
The report provides key statistics on the market status of the Oriented Strand Board (OSB) Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Oriented Strand Board (OSB) .
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Key Market Trends:
Soaring Demand from the Construction Industry
Wood-based panels are crucial to the construction industry, providing high structural durability to roofs and floors, walls, beams, doors, staircase, etc. In OSB panels, they produce a stronger and stiffer panel than other products used in similar types of construction projects. The material eliminates rings and knots, which makes it more uniform. Its structure provides OSB a great deal of strength, alowing to be used in a broad range of applications, particularly for load-bearing applications.
The building and construction industry is currently a thriving industry in several emerging economies of the Asia-Pacific and the South American regions, which is expected to drive the use of OSB, thus minimizing infrastructure failures.
Oriented strand boards are a cost-effective alternative for home construction. As per the National Association of Certified Home Inspectors (NACHI), OSB costs USD 700 less than plywood for a typical 2400-square foot home.
Tiles, plywood, and wooden boards are considered as relatively more expensive than OSB, when it comes to flooring. OSB floors are more suitable than hardwood, as it adds a more natural and decorative effect to the home interior design. Furthermore, the total cost of flooring the entire area with hardwood is quite high.
The United States to Dominate the Market
The US office space market witnessed slight reduction in growth in 2017, as it experienced a slowdown in tenant expansions, while the overall supply growth remained at about the same level as in 2016. In 2017, an increase of 21 million square feet of office space has been witnessed. This level of “net absorption” is understood to be the lowest since 2012, and is down from 29 million square feet increase from 2016. The usage of OSB in packaging application is on the rise, owing to the growing number of millennial and increasing purchasing power among them. However, packaging application accounts for a small portion in the OSB market. Additionally, the United States is the largest exporter and importer of goods and services, and hugely relies on wood packaging for proper protection of these goods, which is increasing the demand for OSB for packaging in the country.
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Oriented Strand Board (OSB) Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:
What Oriented Strand Board (OSB) Market Report Provides:
- Value chain analysis
- Ecosystem analysis
- Key players in ecosystem
- Report highlights top manufacturers/suppliers/providers
- Analysis of portfolio
- Key distributors
Some Major Points Covered in Oriented Strand Board (OSB) Market Report:
- Introduction and Market Overview
- Industry Chain Analysis
- Market, by Type
- Market, by Application
- Production, Value ($) by Region (2014-2019)
- Production, Consumption, Export, Import by Regions (2014-2019)
- Market Status and SWOT Analysis by Regions
- Competitive Landscape
- Analysis and Forecast by Type and Application
- Analysis and Forecast by Region
- New Project Feasibility Analysis
- Research Finding and Conclusion
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