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According to the latest research, the global Oriented Strand Board (OSB) market size was valued at USD 10199.8 million in 2022 and is expected to expand at a CAGR of 4.46% during the forecast period, reaching USD 13254.27 million by 2028.
Oriented strand board (OSB) is a type of engineered wood similar to particle board, formed by adding adhesives and then compressing layers of wood strands (flakes) in specific orientations. Oriented Strand Board is a widely used, versatile structural wood panel. Manufactured from waterproof heat-cured adhesives and rectangular shaped wood strands that are arranged in cross-oriented layers, OSB is an engineered wood panel that shares many of the strength and performance characteristics of plywood. OSB's combination of wood and adhesives creates a strong, dimensionally stable panel that resists deflection, delamination, and warping; likewise, panels resist racking and shape distortion when subjected to demanding wind and seismic conditions.
Challenge posed by fluctuating raw material prices
Suppliers in the OSB market have a strong influence on product prices, as raw materials account for a large proportion of the overall manufacturing cost of OSB. Volatility in raw material prices may challenge market growth. Significant fluctuations in timber prices are expected to present production risks due to weather conditions. In addition, as crude oil prices fluctuate due to changes in the macro-environment, the prices of adhesives and resins used in products fluctuate greatly, which will increase production and operational risks for manufacturers. For example, the number and scale of forest fires in North America could affect wood production and prices, with potential increases of up to 10% to 20%. The fluctuation of raw material prices has an impact on the stability of production and operation of enterprises, and enterprises need to take precautionary measures against risks.
Disadvantage of Oriented Strand Board (OSB)
OSB also has issues with moisture that make it unattractive for some contractors. Although the surfaces and glues can tend to repel water, OSB edges are generally more vulnerable. This condition can lead to irreversible swelling and compromised dimensional stability. OSB also tends to hold moisture, leading to mold concerns. Mold tends to find a more nutritional base in hardwoods, which are primary materials in OSB products. If an OSB that is not waterproof is used, the edges of ordinary OSB may swell by as much as 15%. This has a limiting effect on the market.
Region Overview:
From 2022-2027, Europe is estimated to witness robust growth prospects.
Company Overview:
Kronospan, Swiss Krono Group, West Fraser, Egger and Louisiana-Pacific are the five key players in the global Oriented Strand Board (OSB) market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Oriented Strand Board (OSB) market in the past 5 years.
Kronospan
Kronospan LLC manufactures and distributes wood-based panels. The Company offers products such as melamine-faced and lacquered panels, chemicals, worktops and window sills, wall and ceiling, paper, flooring, and betonyp building boards.
Swiss Krono Group
The SWISS KRONO Group, headquartered in Lucerne, Switzerland, is the world's leading manufacturer of wood-based materials. The company offers a wide range of products in the fields of interior design, flooring and building materials.
Segmentation Overview:
By type, OSB/1 segment accounted for the largest share of market in 2022.
OSB/1
OSB/1 -- General-purpose boards and boards for interior fitments (including furniture) for use in dry conditions (EN 300).
OSB/2
OSB/2 -- Load-bearing boards for use in dry conditions (EN 300). Internal use in dry conditions (RH <= 65%) for OSB 2.
OSB/3
OSB/3 Load-bearing boards for use in humid conditions (EN 300). The trade term OSB/3 comes from the technical class denoted in BS EN 300 for load-bearing boards for use in humid conditions. Humid in this instance meaning environments where boards are protected from external conditions but moisture content can increase because of humidity. Swelling limits: <= 15%.
OSB/4
OSB/4 Heavy-duty load-bearing boards for use in humid conditions (EN 300). Classed for heavy-duty load-bearing boards for use in humid conditions, the product is a denser, stronger and more water-resistant version of OSB/3 for the most demanding applications. Swelling limits: 10%-12%.
Application Overview:
In the Oriented Strand Board (OSB) market, 67.24% of the total value was generated through the Construction segment by application in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Oriented Strand Board (OSB) industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Oriented Strand Board (OSB). The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Oriented Strand Board (OSB) Market Report Include:
Market Size Estimates: Oriented Strand Board (OSB) market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Oriented Strand Board (OSB) market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Oriented Strand Board (OSB) market
Segment Market Analysis: Oriented Strand Board (OSB) market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Oriented Strand Board (OSB) market situations and prospects in major and top regions and countries
Oriented Strand Board (OSB) Market
Oriented Strand Board (OSB) Industry Chain: Oriented Strand Board (OSB) market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Oriented Strand Board (OSB) Industry News, Policies by regions
Oriented Strand Board (OSB) Industry Porters Five Forces Analysis
Key players in the global Oriented Strand Board (OSB) market are covered in Chapter 2:
West Fraser
Egger
Swiss Krono Group
Kronospan
Medite Smartply
DOK Kalevala
Georgia-Pacific
Louisiana-Pacific
Luli Group
In Chapter 6 and Chapter 9, on the basis of types, the Oriented Strand Board (OSB) market from 2018 to 2028 is primarily split into:
OSB/1
OSB/2
OSB/3
OSB/4
In Chapter 7 and Chapter 10, on the basis of applications, the Oriented Strand Board (OSB) market from 2018 to 2028 covers:
Construction
Industrial Packaging
Interior Furnishing
Floors
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Oriented Strand Board (OSB) market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Oriented Strand Board (OSB) industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Oriented Strand Board (OSB) market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Oriented Strand Board (OSB) industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Oriented Strand Board (OSB) market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Oriented Strand Board (OSB) market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Oriented Strand Board (OSB) market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Oriented strand board (OSB) is a type of engineered wood similar to particle board, formed by adding adhesives and then compressing layers of wood strands (flakes) in specific orientations. Oriented Strand Board is a widely used, versatile structural wood panel. Manufactured from waterproof heat-cured adhesives and rectangular shaped wood strands that are arranged in cross-oriented layers, OSB is an engineered wood panel that shares many of the strength and performance characteristics of plywood. OSB's combination of wood and adhesives creates a strong, dimensionally stable panel that resists deflection, delamination, and warping; likewise, panels resist racking and shape distortion when subjected to demanding wind and seismic conditions.
Challenge posed by fluctuating raw material prices
Suppliers in the OSB market have a strong influence on product prices, as raw materials account for a large proportion of the overall manufacturing cost of OSB. Volatility in raw material prices may challenge market growth. Significant fluctuations in timber prices are expected to present production risks due to weather conditions. In addition, as crude oil prices fluctuate due to changes in the macro-environment, the prices of adhesives and resins used in products fluctuate greatly, which will increase production and operational risks for manufacturers. For example, the number and scale of forest fires in North America could affect wood production and prices, with potential increases of up to 10% to 20%. The fluctuation of raw material prices has an impact on the stability of production and operation of enterprises, and enterprises need to take precautionary measures against risks.
Disadvantage of Oriented Strand Board (OSB)
OSB also has issues with moisture that make it unattractive for some contractors. Although the surfaces and glues can tend to repel water, OSB edges are generally more vulnerable. This condition can lead to irreversible swelling and compromised dimensional stability. OSB also tends to hold moisture, leading to mold concerns. Mold tends to find a more nutritional base in hardwoods, which are primary materials in OSB products. If an OSB that is not waterproof is used, the edges of ordinary OSB may swell by as much as 15%. This has a limiting effect on the market.
Region Overview:
From 2022-2027, Europe is estimated to witness robust growth prospects.
Company Overview:
Kronospan, Swiss Krono Group, West Fraser, Egger and Louisiana-Pacific are the five key players in the global Oriented Strand Board (OSB) market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Oriented Strand Board (OSB) market in the past 5 years.
Kronospan
Kronospan LLC manufactures and distributes wood-based panels. The Company offers products such as melamine-faced and lacquered panels, chemicals, worktops and window sills, wall and ceiling, paper, flooring, and betonyp building boards.
Swiss Krono Group
The SWISS KRONO Group, headquartered in Lucerne, Switzerland, is the world's leading manufacturer of wood-based materials. The company offers a wide range of products in the fields of interior design, flooring and building materials.
Segmentation Overview:
By type, OSB/1 segment accounted for the largest share of market in 2022.
OSB/1
OSB/1 -- General-purpose boards and boards for interior fitments (including furniture) for use in dry conditions (EN 300).
OSB/2
OSB/2 -- Load-bearing boards for use in dry conditions (EN 300). Internal use in dry conditions (RH <= 65%) for OSB 2.
OSB/3
OSB/3 Load-bearing boards for use in humid conditions (EN 300). The trade term OSB/3 comes from the technical class denoted in BS EN 300 for load-bearing boards for use in humid conditions. Humid in this instance meaning environments where boards are protected from external conditions but moisture content can increase because of humidity. Swelling limits: <= 15%.
OSB/4
OSB/4 Heavy-duty load-bearing boards for use in humid conditions (EN 300). Classed for heavy-duty load-bearing boards for use in humid conditions, the product is a denser, stronger and more water-resistant version of OSB/3 for the most demanding applications. Swelling limits: 10%-12%.
Application Overview:
In the Oriented Strand Board (OSB) market, 67.24% of the total value was generated through the Construction segment by application in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Oriented Strand Board (OSB) industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Oriented Strand Board (OSB). The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Oriented Strand Board (OSB) Market Report Include:
Market Size Estimates: Oriented Strand Board (OSB) market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Oriented Strand Board (OSB) market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Oriented Strand Board (OSB) market
Segment Market Analysis: Oriented Strand Board (OSB) market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Oriented Strand Board (OSB) market situations and prospects in major and top regions and countries
Oriented Strand Board (OSB) Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Oriented Strand Board (OSB) Industry Chain: Oriented Strand Board (OSB) market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Oriented Strand Board (OSB) Industry News, Policies by regions
Oriented Strand Board (OSB) Industry Porters Five Forces Analysis
Key players in the global Oriented Strand Board (OSB) market are covered in Chapter 2:
West Fraser
Egger
Swiss Krono Group
Kronospan
Medite Smartply
DOK Kalevala
Georgia-Pacific
Louisiana-Pacific
Luli Group
In Chapter 6 and Chapter 9, on the basis of types, the Oriented Strand Board (OSB) market from 2018 to 2028 is primarily split into:
OSB/1
OSB/2
OSB/3
OSB/4
In Chapter 7 and Chapter 10, on the basis of applications, the Oriented Strand Board (OSB) market from 2018 to 2028 covers:
Construction
Industrial Packaging
Interior Furnishing
Floors
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Oriented Strand Board (OSB) market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Oriented Strand Board (OSB) industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Oriented Strand Board (OSB) market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Oriented Strand Board (OSB) industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Oriented Strand Board (OSB) market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Oriented Strand Board (OSB) market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Oriented Strand Board (OSB) market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
