Building and Construction Sector to Stay at the Forefront of Fiberboard Market

Fiberboard is a type of product made from engineered wood materials.
These products are normally categorized on the basis of density for
applications in various end use industries, into high medium and low
density variants.

The global fiberboard market
is projected to display a healthy rate of growth throughout the
forecast period till 2028. This growth can be largely attributed to the
extensive application in modern construction and building activities.
This is especially true for emerging economies in the Asia Pacific.

Sustainability Initiatives Drive Up Use of Medium and High Density Variants

Medium
density fiberboard and high density fiberboard is expected to dominate
most of the market share. Superior traction can be attributed to higher
levels of performance in terms of handling moisture gradients and
altered temperatures.

These products are mostly sought after by
construction and building companies, who are foreseeing better growth in
the years ahead, which will increase the demand for fiberboard items.
Consequently, fiberboard manufacturers are seeking to expand their
operations for a greater production capability to keep ahead of the
competition.

Competitive Assessment

The fiberboard market report includes global as well as emerging players:

• Norbord Inc.
• Proteak Uno SAB de C.V.
• Finsa Forest Products S.A.
• Coillte Group
• Jining Best Star Wood Co Ltd.
• Georgia Pacific Building Products LLC
• UAB Grigeo Baltwood
• Kastamonu Entegre Agac Sanayi ve Ticaret A.S.
• KRONOSPAN Verwaltungs- und Beteiligungsgesellschaft mbH
• Evergreen Fibreboard Berhad

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The insights for each vendor consists of:

• Company profile
• SWOT analysis
• Main market information
• Market share
• Revenue, pricing and gross margin

Regional Analysis

Important regions covered in the fiberboard market report include:

• North America
• Latin America
• Europe
• CIS and Russia
• MEA
• APEJ
• Japan

Construction and Building Applications to Play Key Role in Growth

Ever
since urbanization and industrialization has picked up pace on a global
scale, the construction and building industry is gaining attention. The
trend is especially prominent in the Asia Pacific region owing to
higher number of single households coming up in this region.

The
massive impetus coming from the high growth rate of the construction
industry in countries like China and India is expected to be very high.
In addition, higher numbers of renovation projects are also expected to
display a high rate of growth during the forecast period, with
substantial contributions even coming from the Middle East and African
countries.

Close on the heels of the construction industry,
fiberboard is also rapidly becoming a key material used in a wide range
of furniture items. Medium density fiberboard is considered an ideal
material for furniture such as tables, cabinets and more, owing to their
low weight, high durability, resistance to moisture, and affordable
costs in comparison to conventional hard wood furniture.

The fiberboard market report also provides data regarding the key countries in the defined regions.

Segmentation Analysis

By Application:

• Construction
• Rigid Packaging

By end use:

• Hardboard
• Medium/High Density Fiberboard (MDF/HDF)

What insights does the fiberboard market report provide to the readers?

• Fiberboard market fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each fiberboard market player.
• Various regulations imposed by the governments on the consumption of fiberboard market in detail.
• Impact
  of modern technologies, such as big data & analytics, artificial
  intelligence, and social media platforms on the global fiberboard
  market.

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Questionnaire answered in the fiberboard market report include:

• How the market for fiberboard market has grown over the historic period of 2014-2018?
• What is the present and future outlook of the global fiberboard market on the basis of region?
• What are the challenges and opportunities for the fiberboard market?
• Why the consumption of fiberboard market highest in region?
• In which year segment is expected to overtake segment?