Medium Density Fibreboard Market, By Application (Cabinet, Flooring, Furniture, Molding, Door, and Millwork, Packaging System, Other Applications), By End-User Sector (Residential, Commercial, Institutional), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Medium density fiberboard is an engineered wood product that is manufactured by crushing and refining wood chips. It is a superior alternative to plywood, as it doesn't expand or contract when exposed to humid air. This type of engineered wood also has a lower price tag, making it popular in a variety of applications. Some applications for this type of material include furniture, ceiling molding, and industrial packaging.
Market Dynamics:
Increasing investment in green building construction and rapid growth in furniture industry are prime factor driving growth of the global medium density fibreboard (MDF) market. Expansion of residential sector is also playing significant role in overall development of medium density fibreboard (MDF) market.
On contrary, strict environmental regulations is expected to curtail the market growth. Also, Availability of substitute such as wood-plastic composites, eco-board, and others is again expected to hinder the market growth
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook