Particle Board Market Research Report - Global Forecast 2027

Particle Board Market Research Report: Information by Raw Material (Wood, Bagasse and others), Product Type (Fire-Resistant Particle Board, Moisture-Resistant Particle Board, and Raw Particle Board), Application (Construction, Furniture, Infrastructure, and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/CO/7178-HCR | February, 2021 | Region : Global

Particle Board Market Synopsis:


Particle Board Market was valued at USD 19.3 Billion in 2018 and is expected to witness a 6.1% CAGR during the forecast period.


The global market for particle board has been witnessing moderate growth in the past couple of years. The demand for laminated particleboard and pre-laminated particleboard is expected to be driven by increasing demand for the cheaper wood-based products for various end-use applications in construction, furniture, and infrastructure. In the construction industry, plain particle board is commonly used for manufacturing wooden panel products, such as particleboard cabinets, particle board kitchen cabinets, particleboard doors, and subfloors. This has minimized the overall cost of construction. Such factors have led to the increased use of particle board materials, driving the growth of the global particle board market across the globe.


Moreover, wood panel products are crucial for end-use applications in concert venues and recording studios due to their exceptional sound-absorbing properties. It also has applications in high-value properties. In addition, the rising demand for cheaper fiberboards in manufacturing industries owing to the changing demands of consumers is expected to further propel the growth of the market during the forecast period. However, the less durability, low yield strength, and lightweight of particleboard are expected to restrain the market growth.


Global Particle Board Market: Regional Analysis


The Global Particle Board Market has been segmented, based on region, into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2018, Asia-Pacific is the fastest-growing in the global particle board market, followed by North America and Europe; it is expected to continue its dominance until 2025.


The rising demand for ready-made furniture, mainly in countries such as China and India, is one of the major factors, which is expected to raise the demand for particle board in the region during the forecast period.


North America is expected to hold a substantial market share during the forecast period owing to the increasing R&D investments for product innovation and development of fiberboards. Moreover, an added advantage of particle boards is that it comes in various dimensions and provides strength, typical quality, and durability at cost-effective rates compared to wooden boards.


Key Players


The Key Players in the Global Particle Board Market are Timber Products Company, Roseburg, Uniboard, Dakota Premium Hardwoods, Associate Decor Limited, Boise Cascade, D&R Henderson Pty Ltd, Green Land Particle Board, Century Plyboards India Ltd, Krifor Industries, Shell Laminates Pvt. Ltd, DMK Particleboard LLP, Kunnathan Chip Board Pvt. Ltd, Action TESA, and FA Mitchell.


Global Particle Board Market: Segmentation


The Global Particle Board Market has been segmented based on raw material type, product type, and application. Based on the raw material type, the global particle board market has been segmented into the wood, bagasse, and others. The wood segment is further segmented into sawdust, shavings, flakes, and chips. This segment held the largest share of the global particle board market in 2018 and is expected to witness the highest CAGR during the forecast period.


Based on product type, the global market has been segmented into by fire-resistant particle board, moisture-resistant particleboard, and raw particleboard. The moisture-resistant particleboard segment held the largest market share of the global particle board market in 2018 and is expected to witness the highest CAGR during the forecast period.


Based on the application, the global market has been segmented into construction, furniture, infrastructure, and others. The furniture segment held the largest market share of the global particle board market.


Intended Audience



  • Raw material suppliers

  • End users

  • Product manufacturers

  • Regulatory bodies

  • Market research and consulting firms

  • Associations and industrial bodies

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

5 Global Particle Board Market, by Raw Material Type

5.1 Introduction

5.2 Wood

5.2.1.1 Sawdust

5.2.1.2 Shavings

5.2.1.3 Flakes

5.2.1.4 Chips

5.2.2 Market Estimates & Forecast, 2020-2027

5.2.3 Market Estimates & Forecast, by Region, 2020-2027

5.3 Bagasse

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast, by Region, 2020-2027

5.4 Others

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast, by Region, 2020-2027

6 Global Particle Board Market, by Product Type

6.1 Introduction

6.2 Fire-Resistant Particle Board

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Moisture-Resistant Particle Board

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Plain Particle Board

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

7 Global Particle Board Market, by Application

7.1 Introduction

7.2 Construction

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Furniture

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Infrastructure

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

8 Global Particle Board Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.2.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.2.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.2.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.2.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.2.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.2.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.2.7 Mexico

8.2.7.1 Market Estimates & Forecast, 2020-2027

8.2.7.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.2.7.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.2.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.7.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.8.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.8.4 Market Estimates & Forecast, by Application, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.3.9.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.3.9.4 Market Estimates & Forecast, by Application, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.4.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.4.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.4.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.4.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.4.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.4.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.4.7.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.4.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.4.8.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.4.8.4 Market Estimates & Forecast, by Application, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.5 Saudi Arabia

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.5.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.5.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.6 UAE

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.5.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.5.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.7 South Africa

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.5.7.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.5.7.4 Market Estimates & Forecast, by Application, 2020-2027

8.5.8 Rest of the Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.5.8.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.5.8.4 Market Estimates & Forecast, by Application, 2020-2027

8.6 South America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.6.5.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.6.5.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.6 Brazil

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.6.6.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.6.6.4 Market Estimates & Forecast, by Application, 2020-2027

8.6.7 Rest of South America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Raw Material Type, 2020-2027

8.6.7.3 Market Estimates & Forecast, by Product Type, 2020-2027

8.6.7.4 Market Estimates & Forecast, by Application, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 Timber Products Company

10.1.1 Company Overview

10.1.2 Products/Services Offered

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Key Strategies

10.1.6 SWOT Analysis

10.2 Roseburg

10.2.1 Company Overview

10.2.2 Products/Services Offered

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Key Strategies

10.2.6 SWOT Analysis

10.3 Uniboard

10.3.1 Company Overview

10.3.2 Products/Services Offered

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Key Strategies

10.3.6 SWOT Analysis

10.4 Dakota Premium Hardwoods

10.4.1 Company Overview

10.4.2 Products/Services Offered

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Key Strategies

10.4.6 SWOT Analysis

10.5 Associate Decor Limited

10.5.1 Company Overview

10.5.2 Products/Services Offered

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Key Strategies

10.5.6 SWOT Analysis

10.6 Boise Cascade

10.6.1 Company Overview

10.6.2 Products/Services Offered

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Key Strategies

10.6.6 SWOT Analysis

10.7 D&R Henderson Pty Ltd

10.7.1 Company Overview

10.7.2 Products/Services Offered

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Key Strategies

10.7.6 SWOT Analysis

10.8 Green Land Particle Board

10.8.1 Company Overview

10.8.2 Products/Services Offered

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Key Strategies

10.8.6 SWOT Analysis

10.9 Century Plyboards India Ltd.

10.9.1 Company Overview

10.9.2 Products/Services Offered

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Key Strategies

10.9.6 SWOT Analysis

10.10 Krifor Industries

10.10.1 Company Overview

10.10.2 Products/Services Offered

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Key Strategies

10.10.6 SWOT Analysis 

List of Tables

Table 1 Global Particle Board Market, by Region, 2020-2027

Table 2 North America: Global Particle Board Market, by Country, 2020-2027

Table 3 Europe: Global Particle Board Market, by Country, 2020-2027

Table 4 Asia-Pacific: Global Particle Board Market, by Country, 2020-2027

Table 5 Middle East & Africa: Global Particle Board Market, by Country, 2020-2027

Table 6 South America: Global Particle Board Market, by Country, 2020-2027

Table 7 Global Particle Board Market, by Raw Material Type, by Region, 2020-2027

Table 8 North America: Global Particle Board Market, by Raw Material Type, by Country,

Table 9 Europe: Global Particle Board Market, by Raw Material Type, by Country, 2020-2027

Table 10 Asia-Pacific: Global Particle Board Market, by Raw Material Type, by Country,

Table 11 Middle East & Africa: Global Particle Board Market, by Raw Material Type, by Country, 2020-2027

Table 12 South America: Global Particle Board Market, by Raw Material Type, by Country, 2019-2025

Table 13 Global Particle Board Market, by Product Type, by Region, 2020-2027

Table 14 North America: Global Particle Board Market, by Product Type, by Country, 2020-2027

Table 15 Europe: Global Particle Board Market, by Product Type, by Country, 2020-2027

Table 16 Asia-Pacific: Global Particle Board Market, by Product Type, by Country, 2020-2027

Table 17 Middle East & Africa: Global Particle Board Market by Product Type, by Country, 2020-2027

Table 18 South America: Global Particle Board Market by Product Type, by Country, 2019-2025

Table 19 Global Particle Board Market, by Application, by Region, 2020-2027

Table 20 North America: Global Particle Board Market, by Application, by Country, 2020-2027

Table 21 Europe: Global Particle Board Market, by Application, by Country, 2020-2027

Table 22 Asia-Pacific: Global Particle Board Market by Application, by Country, 2020-2027

Table 23 Middle East & Africa: Global Particle Board Market by Application, by Country, 2019-2025

Table 24 South America: Global Particle Board Market by Application, by Country, 2020-2027

Table 25 Global Particle Board Market, by Region, 2020-2027

Table 26 Global Particle Board Market, by Raw Material, 2020-2027

Table 27 Global Particle Board Market, by Product Type, 2020-2027

Table 28 Global Particle Board Market, by Application, 2020-2027

Table 29 North America: Global Particle Board Market, by Country

Table 30 North America: Global Particle Board Market, by Raw Material Type

Table 31 North America: Global Particle Board Market, by Product Type

Table 32 North America: Global Particle Board Market, by Application

Table 33 Europe: Global Particle Board Market, by Country

Table 34 Europe: Global Particle Board Market, by Raw Material Type

Table 35 Europe: Global Particle Board Market, by Product Type

Table 36 Europe: Global Particle Board Market, by Application

Table 37 Asia-Pacific: Global Particle Board Market, by Country

Table 38 Asia-Pacific: Global Particle Board Market, by Raw Material Type

Table 39 Asia-Pacific: Global Particle Board Market, by Product Type

Table 40 Asia-Pacific: Global Particle Board Market, by Application

Table 41 Middle East & Africa: Global Particle Board Market, by Country

Table 42 Middle East & Africa: Global Particle Board Market, by Raw Material Type

Table 43 Middle East & Africa: Global Particle Board Market, by Product Type

Table 44 Middle East & Africa: Global Particle Board Market, by Application

Table 45 South America: Global Particle Board Market, by Country

Table 46 South America: Global Particle Board Market, by Raw Material Type

Table 47 South America: Global Particle Board Market, by Product Type

Table 48 South America: Global Particle Board Market, by Application


List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Particle Board Market Share, by Raw Material Type, 2020 (%)

Figure 9 Global Particle Board Market, by Raw Material Type, 2020-2027 (USD Million)

Figure 10 Global Particle Board Market Share, by Product Type, 2020 (%)

Figure 11 Global Particle Board Market, by Product Type, 2020-2027 (USD Million)

Figure 12 Global Particle Board Market Share, by Application, 2020 (%)

Figure 13 Global Particle Board Market, by Application, 2020-2027 (USD Million)

Figure 14 Global Particle Board Market Share (%), by Region, 2020

Figure 15 Global Particle Board Market, by Region, 2020-2027 (USD Million)

Figure 16 North America: Global Particle Board Market Share (%), 2020

Figure 17 North America: Global Particle Board Market by Country, 2020-2027 (USD Million)

Figure 18 Europe: Global Particle Board Market Share (%), 2020

Figure 19 Europe: Global Particle Board Market, by Country, 2020-2027 (USD Million)

Figure 20 Asia-Pacific: Global Particle Board Market Share (%), 2020

Figure 21 Asia-Pacific: Global Particle Board Market, by Country, 2020-2027 (USD Million)

Figure 22 Middle East & Africa: Global Particle Board Market Share (%), 2020

Figure 23 Middle East & Africa: Global Particle Board Market, by Country, 2020-2027 (USD Million)

Figure 24 South America: Global Particle Board Market Share (%), 2020

Figure 25 South America: Global Particle Board Market, by Country, 2020-2027 (USD Million)