The report presents an in-depth assessment of the Global Medium-Density Fiberboard (MDF) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles, and strategies. The report also presents forecasts for Global Medium-Density Fiberboard (MDF) investments from 2020 to 2024.
Medium-density fiberboard (MDF) or dry-process fiberboards have a fiber moisture content of less than 20% at the stage of forming and a density of 450 kg/m3. These boards are essentially produced under heat and pressure, with the addition of a synthetic adhesive.
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Top Leading Manufactures-
Arauco, DAIKEN CORPORATION, Dare panel group co.,ltd., Duratex SA, EGGER Group, Eucatex, Fantoni Spa, Masisa (Grupo Nueva Company), Kastamonu Entegre, Korosten MDF manufacture, Kronoplus Limited, Nelson Pine Industries LimitedE(Sumitomo Forestry Company Ltd), Norbord Inc., Roseburg, Sonae Industria, SGPS, SA, SWISS KRONO Tec AG, West Fraser, Weyerheause Company
The market for medium-density fiberboard is expected to grow at a CAGR of 4.1% during the forecast period of 2019-2024. A major factor driving the market studied is the increase in demand for MDF for furniture. Stringent government regulations are expected to hinder the growth of the market studied.
The furniture segment dominated the market in 2017 and is expected to expand at the fastest rate during the forecast period owing to the rapid growth in residential construction activities across the globe.
Growing residential construction in the Asia-Pacific region is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe with the largest consumption followed by Europe.
Residential- Fastest-growing end-user sector
MDF, due to its superior grade, is considered more stable than solid wood. MDF has better resistivity towards changes in heat and humidity and is hence preferred for furniture, cabinetry, and flooring.
MDF is further used in decorative doors and panels, sculptures and moldings, beds, sofas, etc. The growing construction of residential projects all across the world is expected to drive the market for MDF through the forecast period.
India, China, and the United States are expected to dominate the residential construction market through the forecast period.
In the United States, the residential construction sector is expected to rise by around 6% in 2018, with construction for single-family expected to rise by 9% during the same year.
In India, new housing launches across the top seven cities in the country increased by 27% year-on-year in January-March 2018, with further growth expected through the rest of the year, owing to the strong demand for residential construction. The housing sector in the country is expected to contribute around 11% to the country’s GDP by 2020. Additionally, continuous investments in the real estate sector are expected to drive the consumption of MDF in the residential sector in the country.
In Europe, Germany, which leads the construction sector in the region, is embarking on a new era of high-rise living. By 2018, around 9,770 apartments were built in 79 residential high-rise towers.
Overall, the booming residential market is expected to drive the use of MDF in a particular sector through the forecast period.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Medium-Density Fiberboard (MDF) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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