Global Oriented Strand Board (OSB) Strategic Business Report 2023: Extreme Climatic Conditions Offer a Strong Business Case for Oriented Strand Board

DUBLIN , June 26, 2023 /PRNewswire/ — The “Oriented Strand Board (OSB): Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global market for Oriented Strand Board (OSB) estimated at US$19.5 Billion in the year 2022, is projected to reach a revised size of US$50.6 Billion by 2030, growing at a CAGR of 12.6% over the analysis period 2022-2030.

OSB / 1, one of the segments analyzed in the report, is projected to record a 10.7% CAGR and reach US$19.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Osb / 2 segment is readjusted to a revised 12.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 17.6% CAGR

The Oriented Strand Board (OSB) market in the U.S. is estimated at US$6.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 11.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.9 Billion by the year 2030.

Select Competitors (Total 59 Featured) –

• Ainsworth Lumber Co. Ltd.
• Arbec Forest Products Inc.
• Coillte
• EGGER Group
• Georgia-Pacific Wood Products LLC
• Huber Engineered Woods LLC
• Kronospan Limited
• KronoSwiss
• Louisiana-Pacific Corporation
• Norbord Inc.
• Produits Forestiers Arbec Inc.
• RoyOMartin Lumber Company
• Sonae Industria SGPS SA
• Swiss Krono Group
• Tolko Industries Ltd
• Weyerhaeuser Company

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Oriented Strand Board (OSB) – A Prelude
• OSB vs Plywood
• Recovery in Construction Sector to Boost Growth of Oriented Strand Boards Market
• Global Construction Spending (in US$ Trillion) for the Years 2020-2028
• Economic Volatility and Construction Market Dynamics Redesign Growth Patterns in Building Materials Market
• Global Construction Spending (in US$ Trillion) for the Years 2020-2028
• Planned Construction Projects as Bright Spot in 2023
• US Construction Outlook
• United States Housing Units Starts: 2015-2021 (Housing Units in Thousands)
• Global Economic Update
• World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
• Competitive Landscape
• Oriented Strand Board (OSB) – Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Global Market Overview and Prospects
• Global Oriented Strand Board Market Set to Witness Rapid Growth
• Myraid of Applications Drive Market Expansion
• Construction Sector Dominates the OSB Market
• North America and Europe Lead the Global OSB Market
• OSB Grade 1 – The Most Widely Used Grade Type

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Home Renovations & Need for Better Buildings for Post Pandemic Living to Spur Sales of Oriented Strand Board
• Residential Renovations to Regain Lost Momentum Post Pandemic
• Versatility, Consistency, Affordability, Excellent Shear Strength, Longer Lengths, and Sustainability Drive OSB Adoption
• Increase in Infrastructure Spending to Drive Market Growth
• Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
• Global Infrastructure Spending (in US$ Trillion) by Region/Country Over the Period 2010-2030
• Extreme Climatic Conditions Offer a Strong Business Case for Oriented Strand Board
• Global Number of Extreme Weather Events for the Years 2000, 2005, 2010, 2015 and 2020
• Annual Number of Natural Disaster Events Globally from 2007 to 2021
• Rise in the Construction of Smart Buildings Bodes Well for Oriented Strand
• Global Smart Buildings Market in US$ Billion: 2020, 2022, 2024, and 2026
• Improved Features & Functionality Promote OSB in Packaging Applications
• Packaging Industry Trends Continue to Shape OSB Market Growth
• Robust Demand for Packaged Foods Drives Use of OSB in Food Packaging Applications
• Global Packaged Food Sales in US$ Trillion for 2015, 2017, 2019, 2021 & 2023
• Oriented Strand Board Finds Increased Adoption in Flooring
• Global Flooring Market by Type (2022): Percentage Breakdown of Volume Sales by Type
• Growing Usage of OSB in Furnitures Bodes Well for Market Growth
• Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, and 2100
• Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
• Rapid Growth in Urban Households
• World Urban Population in Millions: 1950-2050
• Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030, and 2050
• Growing Affluence of Middle Class Consumer Segment
• Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
• Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/w29srv

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