Medium Density Fiberboard (MDF) Market Research Report: By Product (Standard MDF, Moisture Resistant MDF and Fire Resistant MDF), By Application (Cabinet, Flooring, Furniture, Molding, Door and Millwork, Packaging System and Others), By End-user (Residential, Commercial and Institutional) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

Medium Density Fiberboards Market Scenario

Medium Density Fiberboard Market size is anticipated to exhibit a CAGR of 5% from 2020 to 2027 to reach an approximate value of USD 50 Billion by 2026.

Fiberboard is an engineered wood material made by breaking down the hardwood or softwood fibers. MDF is fiberboard with density ranging from 600 kg/m³ to 800 kg/m³. It is denser than plywood and made up of separated fibers. However, it can be used for applications similar to plywood. MDF is lightweight and offers an excellent strength-to-weight ratio. Thus, it is preferred in applications such as furniture, building materials, and interior decoration. MDF can also provide properties such as high-temperature resistance, fire resistance, and moisture resistance.

Consistent economic growth coupled with low-interest rates has led to an increase in building project approvals across the globe. The expansion of office infrastructure by companies to compete in the global market is driving the demand for furniture and interior design materials thereby, having a positive impact on the product demand. Increase in demand for MDF for furniture coupled with the extensive use of these boards in building materials are factors driving the MDF market.

Global Medium Density Fiberboard (MDF) Market has been segmented based on the product, application, and end-user. Based on the product, the global market is divided into standard MDF, moisture-resistant MDF, and fire-resistant MDF. Growing product applications in the construction industry, as well as the furniture manufacturing sector, are projected to be the primary factors driving the standard MDF segment.

Based on Application, the global medium density fiberboard (MDF) market is segmented into the cabinet, flooring, furniture, molding, door, & millwork, packaging system, and others. The furniture application segment is anticipated to grow significantly owing to factors such as the substitution of wood with the medium density fiberboard panels and extensive use in the production of residential and commercial furniture, ready-to-assemble (RTA) products.

Based on End Users, the global market has been divided into residential, commercial, and institutional. The residential end-user segment contributed significantly to the global market in 2019.

Global Medium Density Fiberboard Market size is anticipated to register a CAGR of 5% from 2020 to 2027 to reach an approximate value of USD 50 Billion by 2026.

Key Players

Key Industry Participants in the Global Medium Density Fiberboard (MDF) Market include Arauco (Chile), DAIKEN CORPORATION (Japan), Dare Panel Group Co. Ltd (China), Duratex SA (Brazil), EGGER Group (Austria), Eucatex SA (Brazil), Fantoni Spa (Italy), Masisa (Grupo Nueva Company) (Chile), Kastamonu Entegre (Turkey), Korosten MDF manufacture (Ukraine), Kronospan (Czech Republic), and Norbord Inc. (Canada).

Market Segmentation

The global medium density fiberboard (MDF) market is expected to witness high growth during the forecast period owing to rising product application in the furniture and construction applications and technical innovations and improvements in the production. This is likely to drive the demand for medium density fiberboard (MDF) solutions during the forecast period.

Based on region, the global medium density fiberboard (MDF) market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific dominated the MDF market on account of the increasing construction spending in the emerging countries, including China and India, to meet the rising demand for residential housing. This is expected to be a major factor driving the demand for MDF panels in the construction industry over the forecast period.

Intended Audience

• Government and Research Organization


• Consulting Companies in the Medium Density Fiberboard (MDF) Market


• Raw Material Suppliers


• Research Consultants


• Investors and Shareholders

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 50 Billion (2026)
CAGR	5% (2020-2027)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Product, By Application, By End-user
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Arauco (Chile), DAIKEN CORPORATION (Japan), Dare Panel Group Co. Ltd (China), Duratex SA (Brazil), EGGER Group (Austria), Eucatex SA (Brazil), Fantoni Spa (Italy), Masisa (Grupo Nueva Company) (Chile), Kastamonu Entegre (Turkey), Korosten MDF manufacture (Ukraine), Kronospan (Czech Republic), and Norbord Inc. (Canada).
Key Market Opportunities	Rising product application in the furniture and construction applications Technical innovations Improvements in the production.
Key Market Drivers	Building materials, interiors, and furniture

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