U.S. Medium Density Fiberboard Market Size & Outlook
U.S. medium density fiberboard market, 2018-2030 (US$M)
Related Markets
U.S. medium density fiberboard market highlights
- The U.S. medium density fiberboard market generated a revenue of USD 1,944.4 million in 2022 and is expected to reach USD 3,059.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, furniture was the largest revenue generating application in 2022.
- Interior Decoration is the most lucrative application segment registering the fastest growth during the forecast period.
Medium density fiberboard market data book summary
| Market revenue in 2022 | USD 1,944.4 million |
| Market revenue in 2030 | USD 3,059.2 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Furniture |
| Fastest growing segment | Interior Decoration |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Furniture, Construction, Interior Decoration |
| Key market players worldwide | Georgia-Pacific, West Fraser Timber Co.Ltd, Dongwha Enterprise, Norbord Industries, Kronospan, EGGER Group, Kastamonu Entegre, ARAUCO |
Other key industry trends
- In terms of revenue, U.S. accounted for 4.9% of the global medium density fiberboard market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medium density fiberboard market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 641.4 million by 2030.
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Medium Density Fiberboard Market Scope
Medium Density Fiberboard Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. medium density fiberboard market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medium density fiberboard market will help companies and investors design strategic landscapes.
Furniture was the largest segment with a revenue share of 45.55% in 2022. Horizon Databook has segmented the U.S. medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as growing product demand from end-use industries and environmental regulations laid down by the Environmental Protection Agency (EPA) are forcing companies in the U.S. to adopt water treatment solutions, which is anticipated to boost the market growth.
Furthermore, economic revival and government initiatives to promote environmental protection are expected to drive the membrane separation technology market in the U.S.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medium density fiberboard market size, by application, 2018-2030 (US$M)
U.S. Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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