Oriented Strand Board Market Top Players, Potential
Applications and Market Specifications Forecasts To 2022
“The growing substitution of plywood by OSB in applications such as
residential construction and commercial sector is expected to have a positive
impact on market demand.”
Industry Insights
Global Oriented Strand Board (OSB) Market Size was estimated over USD 8.0 million in 2014. The growing
substitution of plywood by OSB in applications such as residential construction and commercial sector is
expected to have a positive impact on market demand. The high strength to weight ratio and easy installation
advantages provided by oriented strand board are driving market growth of these products.
This product is consumed for both non-structural and structural applications such as shelving, pallet
manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological
advancements in countries such as Brazil, Russia, China, and India for the development of new products is
anticipated to create new growth avenues over the forecast period.
Increasing consumption of office furniture and home furniture is likely to propel demand over the forecast
period. The product finds application in various industries for packaging as it exhibits properties such as
durability, core-voids, rigidity, moisture resistance grade, lightness, and lack of knot holes.
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