The particle board market is expected to increase significantly during the review period, with a CAGR of 4.78%. The market was estimated to be USD 4,412.07 million in 2023 and is expected to reach a value of USD 6,690.01 million by the end of the forecast period (2024-2032).
The rise of the US particle board market is primarily driven by rising demand for ecologically friendly and competitively priced building materials in the construction and furnishings sectors. The increased use of particle board has contributed to an increase in residential and commercial construction activity following the housing boom, notably in interior applications such as flooring, paneling, and cabinetry. Certainly, the market size is expanding due to the preference for affordable and environmentally favorable materials, such as particle boards, which are made from recycled wood waste, sawdust, and wood chips. Furthermore, growing awareness of deforestation has prompted manufacturers to implement ecologically friendly techniques, boosting demand.
The second primary factor is the advancement of technology in the manufacturing of particle boards. The product is more resistant to moisture, firmer, and harder. These attributes render the product significantly more appealing to consumers in the United States who are in search of reliable yet somewhat less expensive alternatives to solid timbers or plywood. An additional contributing factor may be the increasing DIY home improvement trend that the COVID-19 shutdown has influenced. Consumers are now able to effortlessly employ particle boards in a variety of applications. Additionally, manufacturers have been encouraged to adopt safer and low-emitting particle boards because of the U.S. government's stricter regulations on formaldehyde emissions from composite wood products.
Market Segmentation
Based on the product type, the U.S. Particle Board market has been bifurcated into Raw Particle Board, and Coated Particle Board.
Based on thickness, the market has been bifurcated into 6mm, 12mm, 18mm, 25mm, and Custom Thickness.
Based on application, the market has been bifurcated into Furniture, Flooring, Kitchen, and Others.
Based on the variant, the market has been bifurcated into Loose or Traditional, and Compact.
Based on the end user, the U.S. Particle Board market has been bifurcated into residential, and non-residential.
Based on the dimension in connection type, the market has been bifurcated into 2.8 meters x 2.1 meters (2800 mm x 2100 mm), 3.05 meters x 2.8 meters (3050 mm x 2800 mm), 3.05 meters x 1.5 meters (3050 mm x 1500 mm), 5.6 meters x 2.8 meters (5600 mm x 2800 mm), and 1.22 meters x 2.44 meters (48 inches x 96 inches).
Major Players
Boise Cascade Company, Georgia-Pacific, Weyerhaeuser Co (Weyerhaeuser), Roseburg Forest Products, Wilsonart, Formica Corporation, EGGER, Kronospan, Arauco, Louisiana-Pacific Corporation (LP), West Fraser Timber Co. Ltd., Woodgrain, Columbia Forest Products, Inc., and D&R Henderson Pty Ltd are the dominant players in the highly competitive particle board market.
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Demand For Affordable Housing In The U.S. Construction Sector
- 4.2.2 Growing Adoption Of Sustainability And Eco-friendly Construction Practices
- 4.2.3 Rising Preference For Low-emission, Formaldehyde-free Particle Boards
- 4.3 Restraints
- 4.3.1 Volatility In Raw Material Prices
- 4.3.2 Limited Moisture Resistance And Durability Compared To Plywood And Solid Woods
- 4.3.3 Rising Energy Costs Impacting Production Expenses
- 4.4 Opportunity
- 4.4.1 Expansion Into The Modular Construction Industry
- 4.5 Impact Analysis Of Covid-19
- 4.5.1 Impact On Overall Construction
- 4.5.2 Impact On Global Particle Board Market
- 4.5.3 Impact On Supply Chain Of Particle Board Market
- 4.5.4 Impact On Market Demand Of Particle Board Market
- 4.5.5 Impact On Pricing Of Particle Board Market
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Raw Material Sourcing
- 5.1.2 Manufacturing Process
- 5.1.3 Quality Control
- 5.1.4 Distribution Channels
- 5.2 Porter’s Five Forces Model
- 5.2.1 Bargaining Power Of Suppliers
- 5.2.2 Bargaining Power Of Buyers
- 5.2.3 Threat Of New Entrants
- 5.2.4 Threat Of Substitutes
- 5.2.5 Intensity Of Rivalry
- 5.3 Local Supplier List
- 5.4 Local Distribution Channels
- 5.5 Local Formats (Sheet Sizes) Majorly Used
- 6 U.S. Particle Board Market, By Product Type
- 6.1 Introduction
- 6.2 Raw Particle Board
- 6.3 Coated Particle Board
- 7 U.S. Particle Board Market, By Thickness
- 7.1 Introduction
- 7.2 6mm
- 7.3 12mm
- 7.4 18mm
- 7.5 25mm
- 7.6 Custom Thicknes
- 8 U.S. Particle Board Market, By Application
- 8.1 Introduction
- 8.2 Furniture
- 8.3 Flooring
- 8.4 Kitchen
- 8.5 Others
- 9 U.S. Particle Board Market, By Variant
- 9.1 Introduction
- 9.2 Loose Or Traditional
- 9.3 Compact
- 10 U.S. Particle Board Market, By End User
- 10.1 Introduction
- 10.2 Residential
- 10.2.1 Single-family Homes
- 10.2.2 Multi-family Homes
- 10.3 Non Resedential
- 10.3.1 Commercial
- 10.3.2 Institutional
- 10.3.3 Industrial
- 11 U.S. Particle Board Market, By Dimension
- 11.1 Introduction
- 11.2 2.8 Meters X 2.1 Meters (2800 Mm X 2100 Mm)
- 11.3 3.05 Meters X 2.8 Meters (3050 Mm X 2800 Mm)
- 11.4 3.05 Meters X 1.5 Meters (3050 Mm X 1500 Mm)
- 11.5 5.6 Meters X 2.8 Meters (5600 Mm X 2800 Mm)
- 11.6 1.22 Meters X 2.44 Meters (48 Inches X 96 Inches)
- 11.7 Others
- 12 Competitive Landscape
- 12.1 Introduction
- 12.2 Competition Dashboard
- 12.2.1 Product Portfolio
- 12.2.2 Regional Presence
- 12.2.3 Strategic Alliances
- 12.2.4 Industry Experiences
- 12.3 Market Share Analysis, 2022
- 12.4 Who Are The Major Disruptors & Innovators
- 12.5 What Strategies Are Being Adopted By Market Leaders
- 12.6 Key Developments & Growth Strategies
- 12.6.1 Product Launch
- 12.6.2 Merger And Acquisition
- 12.6.3 Expansion
- 13 Competitive Landscape
- 13.1 Woodgrain
- 13.1.1 Company Overview
- 13.1.2 Products Offered
- 13.1.3 Key Developments
- 13.1.4 Swot Analysis
- 13.1.5 Key Strategy
- 13.2 Boise Cascade
- 13.2.1 Company Overview
- 13.2.2 Products Offered
- 13.2.3 Key Developments
- 13.2.4 Swot Analysis
- 13.2.5 Key Strategy
- 13.3 D&R Henderson Pty Ltd.
- 13.3.1 Company Overview
- 13.3.2 Products Offered
- 13.3.3 Key Developments
- 13.3.4 Swot Analysis
- 13.3.5 Key Strategy
- 13.4 Georgia-pacific
- 13.4.1 Company Overview
- 13.4.2 Products Offered
- 13.4.3 Key Developments
- 13.4.4 Swot Analysis
- 13.4.5 Key Strategy
- 13.5 Weyerhaeuser Company
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategy
- 13.6 Roseburg Forest Products
- 13.6.1 Company Overview
- 13.6.2 Products Offered
- 13.6.3 Key Developments
- 13.6.4 Swot Analysis
- 13.6.5 Key Strategy
- 13.7 Arauco
- 13.7.1 Company Overview
- 13.7.2 Products Offered
- 13.7.3 Key Developments
- 13.7.4 Swot Analysis
- 13.7.5 Key Strategy
- 13.8 Louisiana-pacific Corporation
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategy
- 13.9 West Fraser
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategy
- 13.10 Columbia Forest Products, Inc.
- 13.10.1 Company Overview
- 13.10.2 Products Offered
- 13.10.3 Key Developments
- 13.10.4 Swot Analysis
- 13.10.5 Key Strategy
- 13.11 Wilsonart Llc
- 13.11.1 Company Overview
- 13.11.2 Products Offered
- 13.11.3 Key Developments
- 13.11.4 Swot Analysis
- 13.11.5 Key Strategy
- 13.12 Formica Corporation
- 13.12.1 Company Overview
- 13.12.2 Products Offered
- 13.12.3 Key Developments
- 13.12.4 Swot Analysis
- 13.12.5 Key Strategy
- 13.13 Egger
- 13.13.1 Company Overview
- 13.13.2 Financial Overview
- 13.13.3 Products Offered
- 13.13.4 Key Developments
- 13.13.5 Swot Analysis
- 13.13.6 Key Strategy
- 13.14 Kronoplus Limited
- 13.14.1 Company Overview
- 13.14.2 Products Offered
- 13.14.3 Key Developments
- 13.14.4 Swot Analysis
- 13.14.5 Key Strategy
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 Local Supplier List
- Table 3 U.S. Particle Board Market, By Product Type, 2018-2032 (Usd Million)
- Table 4 U.S. Particle Board Market, By Thickness, 2018-2032 (Usd Million)
- Table 5 U.S. Particle Board Market, By Application, 2018-2032 (Usd Million)
- Table 6 U.S. Particle Board Market, By Variant, 2018-2032 (Usd Million)
- Table 7 U.S. Particle Board Market, By End-user, 2018-2032 (Usd Million)
- Table 8 U.S. Particle Board Market, By Dimension, 2018-2032 (Usd Million)
- Table 9 Product Launch
- Table 10 Merger And Acquisition
- Table 11 Expansion
- Table 12 Woodgrain: Products Offered
- Table 13 Boise Cascade: Products Offered
- Table 14 D&R Henderson Pty Ltd: Products Offered
- Table 15 Georgia-pacific: Products Offered
- Table 16 Weyerhaeuser Company: Products Offered
- Table 17 Roseburg Forest Products: Products Offered
- Table 18 Arauco: Products Offered
- Table 19 Louisiana-pacific Corporation: Products Offered
- Table 20 West Fraser: Products Offered
- Table 21 Columbia Forest Products, Inc.: Products Offered
- Table 22 Wilsonart Llc.: Products Offered
- Table 23 Formica Corporation.: Products Offered
- Table 24 Egger.: Products Offered
- Table 25 Kronoplus Limited.: Products Offered
- List Of Figures
- Figure 1 U.S. Particle Board Market: Structure
- Figure 2 U.S. Particle Board Market: Market Growth Factor Analysis (2022-2032)
- Figure 3 Driver Impact Analysis (2024-2032)
- Figure 4 Restraint Impact Analysis (2022-2032)
- Figure 5 Value Chain Analysis: U.S. Particle Board Market
- Figure 6 Porter’s Five Forces Model: U.S. Particle Board Market
- Figure 7 U.S. Particle Board Market, By Product Type, 2023 (% Share)
- Figure 8 U.S. Particle Board Market, By Thickness, 2023 (% Share)
- Figure 9 U.S. Particle Board Market, By Application, 2023 (% Share)
- Figure 10 U.S. Particle Board Market, By Variant, 2023 (% Share)
- Figure 11 U.S. Particle Board Market, By End-user, 2023 (% Share)
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