Nuhey News

We talk about the MARKET

Find Out Factors Behind 5.5% Growth Rate of Global Oriented Strand Board Subflooring Market

The subfloor is the foundation beneath finish flooring materials. On wood-frame floors, the subflooring provides a continuous structural surface over the floor joists. Oriented strand-board, or OSB, subflooring is similar to plywood subflooring and arguably just as common. It is installed the same way as plywood and offers similar performance, often for a slightly lower cost.

Due to the COVID-19 pandemic, the global Oriented Strand Board Subflooring market size is estimated to be worth US$ 3680.3 million in 2022 and is forecast to a readjusted size of US$ 5074.5 million by 2028 with a CAGR of 5.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, OSB/2 accounting for % of the Oriented Strand Board Subflooring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.

The major players in global Oriented Strand Board Subflooring market include Louisiana-Pacific, West Fraser, Kronospan, etc. The top 3 players occupy about 50% shares of the global market. Americas and Europe are main markets, they occupy about 95% of the global market. OSB/3 is the main type, with a share about 55%. Residential is the main application, which holds a share over 75%.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-oriented-strand-board-subflooring-market-research-report

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • OSB/2
  • OSB/3
  • OSB/4

Segment by Application

  • Residential
  • Commercial

By Company

  • West Fraser
  • Louisiana-Pacific
  • Georgia-Pacific
  • Kronospan
  • Weyerhaeuser
  • M. Huber
  • Tolko Industries
  • Swiss Krono Group
  • Martco
  • Egger Group
  • Medite Smartply
  • Dok Kalevala
  • Dieffenbacher
  • Langboard
  • Luli Group
  • Baoyuan Wood

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Contact Details:

Mr. Shirish Gupta

Sales Manager

The Market Reports | Industry and Market Reports at its Best

Call: +1-631-407-1315 / +91-750-729-1479

Email: sales@themarketreports.com