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Europe Oriented Strand Board Market Size (2024 - 2029)

The European oriented strand board market is anticipated to experience growth, driven by its desirable properties and increasing use as a plywood substitute. The market's expansion is supported by the recovery of the construction industry post-pandemic, although challenges such as volatile organic compound emissions may impede progress. Opportunities are present in the growing application of oriented strand boards in structurally insulated panels. Germany leads the region in market size, with significant consumption and demand from construction and packaging sectors.

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Market Size of Europe Oriented Strand Board Industry

Europe Oriented Strand Board Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 3.00 %
Market Concentration High

Major Players

Europe Oriented Strand Board Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Oriented Strand Board Market Analysis

The oriented strand board (OSB) market in Europe is projected to register a CAGR of over 3% during the forecast period.

COVID-19 negatively impacted the market in 2020. Owing to the pandemic scenario, the construction works were put on hold during the government-imposed lockdown, which decreased the oriented strand boards (OSB) consumption. However, the conditions recovered in 2021, and construction industry growth stimulates the demand for the OSB panel market in the coming years.

  • Over the short term, the desirable properties of OSB and the growing prominence of OSB as a substitute for plywood are expected to drive the growth of the market studied.
  • On the flip side, volatile organic compounds (VOC) emissions, such as formaldehyde, are expected to hinder the market's growth.
  • Increasing the application of OSB in structurally insulated panels is likely to act as an opportunity in the future.
  • Germany dominated the European market, with the most significant consumption of OSBs and high demand from construction and packaging industries replacing plywood.

Europe Oriented Strand Board Industry Segmentation

Oriented strand board (OSB) is a strong, stiff structural wood-based panel product that poses a cross-oriented pattern like plywood. OSB is characterized by its constituent strand elements, which vary in size and aspect ratio. The oriented strand board (OSB) market is segmented by grade, end-user application, and geography. By grade, the market is segmented into OSB/1, OSB/2, OSB/3, and OSB/4. By end-user application, the market is segmented into furniture, construction, and packaging. The report covers the market size and forecast in four countries in the European region. For each segment, the market sizing and forecasts have been done based on volume (meter cube).

Grade
OSB/1
OSB/2
OSB/3
OSB/4
End-user Application
Furniture
Residential
Commercial
Construction
Floor and Roof
Wall
Door
Column and Beam
Staircase
Other Constructions
Packaging
Food and Beverage
Industrial
Pharmaceutical
Cosmetics
Other Packaging
Geography
Germany
United Kingdom
Italy
France
Rest of Europe
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Europe Oriented Strand Board Market Size Summary

The European oriented strand board (OSB) market is poised for steady growth, driven by the increasing demand from the construction industry. The market experienced a downturn due to the COVID-19 pandemic, which halted construction activities and reduced OSB consumption. However, the market has rebounded, with the construction sector's expansion fueling the demand for OSB panels. These panels are gaining traction as a cost-effective alternative to plywood, offering superior structural durability for various construction applications. Despite challenges such as volatile organic compound emissions, the market is expected to benefit from the growing use of OSB in structurally insulated panels, presenting future opportunities for growth.

Germany stands out as a dominant player in the European OSB market, with significant consumption driven by its robust construction and packaging industries. The country's construction sector, particularly in residential and commercial buildings, is experiencing steady growth, further boosting the demand for OSB panels. The protective packaging industry in Germany also favors OSB due to its strength and cost-effectiveness compared to plywood. The market is characterized by consolidation, with major players like Kronospan, SwissKrono, and West Fraser leading the industry. Recent investments in new manufacturing facilities and recycling plants by these companies underscore the ongoing commitment to sustainability and circular economy practices, which are expected to enhance the market's growth trajectory.

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Europe Oriented Strand Board Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Soaring Demand from the Construction Industry

      2. 1.1.2 Growing Prominence of OSB, as a Substitute to Plywood

    2. 1.2 Restraints

      1. 1.2.1 Emissions of VOCs, such as Formaldehyde

      2. 1.2.2 Other Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products and Services

      5. 1.3.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Grade

      1. 2.1.1 OSB/1

      2. 2.1.2 OSB/2

      3. 2.1.3 OSB/3

      4. 2.1.4 OSB/4

    2. 2.2 End-user Application

      1. 2.2.1 Furniture

        1. 2.2.1.1 Residential

        2. 2.2.1.2 Commercial

      2. 2.2.2 Construction

        1. 2.2.2.1 Floor and Roof

        2. 2.2.2.2 Wall

        3. 2.2.2.3 Door

        4. 2.2.2.4 Column and Beam

        5. 2.2.2.5 Staircase

        6. 2.2.2.6 Other Constructions

      3. 2.2.3 Packaging

        1. 2.2.3.1 Food and Beverage

        2. 2.2.3.2 Industrial

        3. 2.2.3.3 Pharmaceutical

        4. 2.2.3.4 Cosmetics

        5. 2.2.3.5 Other Packaging

    3. 2.3 Geography

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 Italy

      4. 2.3.4 France

      5. 2.3.5 Rest of Europe

Europe Oriented Strand Board Market Size FAQs

The Europe Oriented Strand Board Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Kronospan, SwissKrono , West Frase , Egger Group and Sonae Arauco are the major companies operating in the Europe Oriented Strand Board Market.

Europe Oriented Strand Board Report Snapshots

Europe Oriented Strand Board Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)