Abundance of Raw Materials favors the Global Medium Density Fiberboard (MDF) Market Growth
According to Inkwood Research, the Global Medium Density Fiberboard (MDF) Market is predicted to project a CAGR of 3.72%, and reach revenue of 132.07 billion cubic meters by 2028, during the forecast period, 2019-2028.
Browse 41 Market Data Tables and 48 Figures spread over 161 Pages, along with an in-depth analysis of the Global Medium Density Fiberboard (MDF) Market by Product, Application, Enduser, and Geography.
Global Medium Density Fiberboard (MDF) Market Scenario
Because of its strength, uniformity, machinability, and smooth finishing, medium density fibreboard (MDF) is a composite product used in many commercial and residential constructions, including speaker boxes, floors, cabinets, and furniture. Wood fibres are created by converting leftover softwood or hardwood. There is no shortage of the basic resources needed to make MDF. Rubberwood, cotton stalks, and mixed tropical plants are a few of these. It is predicted that in the upcoming years, the demand for wood and fibre in a number of industries would be satisfied due to the fast expansion of forest plantings. Therefore, the expansion of the global MDF market is expected to be positively impacted by the availability of raw materials.
MDF’s features, like dimensional stability, resistance, durability, and low production costs, make it a favorable choice in the furniture industry. Thus, the increasing demand for MDF in the furniture sector is driving the market growth. However, stringent government regulations are predicted to restrict the growth of the market.
The Global Medium Density fiberboard (MDF) Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Product
Fire resistant MDF
Standard MDF
Moisture-resistant MDF
Market by End-User
Commercial
Institutional
Residential
Market by Application
Packaging System
Molding, Door and Millwork
Furniture
Cabinet
Flooring
Other Applications
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
EGGER GROUP
DARE PANEL GROUP CO LTD
NELSON PINE INDUSTRIES LIMITED (SUMITOMO FORESTRY CO. LTD)
ARAUCO
ROSEBURG
SWISS KRONO AG
KRONOPLUS LIMITED (KRONOSPAN LIMITED)
DAIKEN CORPORATION
KOROSTEN MDF MANUFACTURE
KASTAMONU ENTEGRE
NORBORD INC
MASISA (GRUPO NUEVA COMPANY)
DURATEX SA
FANTONI SPA
EUCATEX SA
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