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The oriented strand board market size is forecast to increase by USD 33.64 billion at a CAGR of 12.13% between 2023 and 2028. The market is experiencing significant growth due to increasing residential and commercial construction activities worldwide. OSB, an engineered wood product, is gaining popularity for its moisture resistance and sustainability attributes, making it an eco-friendly alternative to traditional building materials. The use of OSB extends beyond wall sheathing, with applications in wood panelling, flooring, and shelving. Wax and resin treatments enhance the moisture resistance and durability of OSB, making it suitable for high-humidity environments. The European market is a major contributor to the global OSB demand, driven by stringent building regulations and a focus on environmentally friendly construction.
However, uncertainties in construction projects due to economic conditions and raw material availability can impact market growth. Overall, the OSB market is poised for growth, driven by its versatility, cost-effectiveness, and sustainable properties.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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