North America Wood Based Panel Market Size & Outlook
Related Markets
North America wood based panel market highlights
- The North America wood based panel market generated a revenue of USD 31,492.6 million in 2024.
- The market is expected to grow at a CAGR of 8.2% from 2025 to 2030.
- In terms of segment, osb was the largest revenue generating product in 2024.
- OSB is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 31,492.6 million |
| Market revenue in 2030 | USD 50,322.3 million |
| Growth rate | 8.2% (CAGR from 2025 to 2030) |
| Largest segment | Osb |
| Fastest growing segment | OSB |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MDF, HDF, PB, OSB, Softboard, Hardboard, Plywood |
| Key market players worldwide | Dongwha Enterprise, Kronospan, SGS, EGGER Group, Norbord Industries, Kastamonu Entegre, Georgia-Pacific, ARAUCO, Canfor Corp, Pfeiffer Vacuum Technology AG, Sumitomo Corp |
Other key industry trends
- In terms of revenue, North America region accounted for 15.9% of the global wood based panel market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 50,322.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Wood Based Panel Market Scope
Wood Based Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pfeiffer Vacuum Technology AG | View profile | 4013 | Berliner Strasse 43, Asslar, HE, Germany, 35614 | https://group.pfeiffer-vacuum.com |
| Canfor Corp | View profile | 7580 | 101-161 East 4th Avenue, Vancouver, BC, Canada, V5T 1G4 | https://www.canfor.com |
| SGS | View profile | 10001+ | Geneva, Geneve, Switzerland, Europe | http://www.sgs.com/ |
| ARAUCO | View profile | 10001+ | Las Condes, Region Metropolitana, Chile, South America | https://www.arauco.cl |
| Kastamonu Entegre | View profile | 5001-10000 | Üsküdar, Istanbul, Turkey, Europe | https://www.keas.com.tr |
| EGGER Group | View profile | 5001-10000 | Sankt Johann In Tirol, Tirol, Austria, Europe | https://www.egger.com |
| Kronospan | View profile | 10001+ | Chirk, Wrexham, United Kingdom, Europe | https://kronospan.com/ |
| Norbord Industries | View profile | 10001+ | Toronto, Ontario, Canada, North America | http://www.norbord.com |
| Dongwha Enterprise | View profile | 1001-5000 | Yongdungpo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.dongwha.co.kr |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
North America wood based panel 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 wood based panel market will help companies and investors design strategic landscapes.
Osb was the largest segment with a revenue share of 44.4% in 2024. Horizon Databook has segmented the North America wood based panel market based on mdf, hdf, pb, osb, softboard, hardboard, plywood covering the revenue growth of each sub-segment from 2018 to 2030.
Various regulations pertaining to wood based panel market have been issued in North America. The U.S. Environmental Protection Agency in coalition with the Composite Panel Association (CPA) has laid down standards for formaldehyde emission during the manufacturing process of wood-based panels.
Formaldehyde is emitted into the atmosphere when wood products are burned and is hazardous to the personnel on inhalation. The U.S. OSHA and NIOSHA have mandated wood-based panel manufacturers to provide protective gear to employees in order to safeguard them from the aforementioned hazard.
In 2017, Natural disasters including Irma and Harvey hurricanes devastated hundreds of commercial and industrial holdings in the region. The U.S. Federal Emergency Management Agency (FEMA) used wood based panels to provide shelter to the victims of these disasters, in turn, boosting the product demand.
Reasons to subscribe to North America wood based panel market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America wood based panel market databook
-
Our clientele includes a mix of wood based panel market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America wood based panel market , including forecasts for subscribers. This continent databook contains high-level insights into North America wood based panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America wood based panel market size, by country, 2018-2030 (US$M)
North America Wood Based Panel Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
