Particleboard study pegs market at $17 billion and growing
June 3, 2017 | 9:51 pm UTC
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The particleboard market reached a value of  $17 billion in 2016, growing at a compound annual growth rate of nearly 6 percent during the seven-year period from 2009-2016, according to a new study of engineered wood from Research & Markets. 
 
Some of the major players covered in the report are Kastamonu, Roseburg, Norbord, Boise Cascade, and Columbia Foest Products. 
 
Particleboard is favored in construction related to one of the fastest growing market segments: recording studios and concert venues, due to its excellent sound-absorbing properties.
 
Particleboard is largely consumed in making home interior furnishings, mainly kitchen cabinets, bookcases, doors, etc. The market is expected to reach a value of $23 billion by 2022.
 
On the basis of end-use, the market is segmented as commercial and residential. The residential sector is the largest consumer for plywood, accounting for nearly three-fourth of the total global shares. The report has conducted an evaluation of the market on the basis of key regions and finds that Europe is the largest market for particle board. Some of the other major regions are North America, Asia-Pacific, Latin America and Middle East and Africa. The report has also analyzed the market on the basis of competitive landscape and has provided the details of the key players. Some of the major players are Kastamonu, Roseburg, Norbord, Boise Cascade, Columbia, etc.

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About the author
Bill Esler | ConfSenior Editor

Bill wrote for WoodworkingNetwork.com, FDMC and Closets & Organized Storage magazines. 

Bill's background includes more than 10 years in print manufacturing management, followed by more than 30 years in business reporting on industrial manufacturing in the forest products industries, including printing and packaging at American Printer (Features Editor) and Graphic Arts Monthly (Editor in Chief) magazines; and in secondary wood manufacturing for WoodworkingNetwork.com.

Bill was deeply involved with the launches of the Woodworking Network Leadership Forum, and the 40 Under 40 Awards programs. He currently reports on technology and business trends and develops conference programs.

In addition to his work as a journalist, Bill supports efforts to expand and improve educational opportunities in the manufacturing sectors, including 10 years on the Print & Graphics Scholarship Foundation; six years with the U.S. WoodLinks; and currently on the Woodwork Career Alliance Education Committee. He is also supports the Greater West Town Training Partnership Woodworking Program, which has trained more than 950 adults for industrial wood manufacturing careers. 

Bill volunteers for Foinse Research Station, a biological field station staddling the border of Ireland and Northern Ireland, one of more than 200 members of the Organization of Biological Field Stations.