The Medium Density Fiberboard Market size is estimated at 117.40 Million cubic meters in 2024, and is expected to reach 141.53 Million cubic meters by 2029, growing at a CAGR of 3.81% during the forecast period (2024-2029).
COVID-19 negatively impacted the market in 2020. According to the Associated General Contractors of America (AGC), COVID-19 impact has delayed or disrupted projects in the United States. Around 16% of the projects in the United States are likely to experience a shortage of materials, equipment, or parts; 11% of the projects will see a shortage of craft workers, including subcontractors, 18% of the projects will witness a lack of government workers, and 8% of the projects will be disrupted by an infected worker, who may have a potential to infect a worksite.
The medium-density fiberboard (MDF) market is highly fragmented in nature. The major players include Kronoplus Limited, ARAUCO, SWISS KRONO Group, Kastamonu Entegre, and Dexco, among others (not in any particular order).
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