Medium Density Fiberboard (MDF) Panels market scrutinized in new industry reports

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Medium Density Fiberboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into wood fibers, often in a defibrator, combining it with wax and a resin binder, and forming panels by applying high temperature and pressure.
Today, MDF board production is predominantly by the dry process. In many countries, the MDF board market is expanding at the expense of particleboard and high-density fiberboard.
Medium density fiberboard downstream is wide and recently medium density fiberboard has acquired increasing significance in various fields of furniture industry, building materials and interior decoration. Globally, the medium density fiberboard market is mainly driven by growing demand for furniture industry which accounts for nearly 49.86% of total downstream consumption of medium density fiberboard in global.
Global market is expected to witness increase on account of rising global economic recovery, so in the next few years, medium density fiberboard production will show a trend of steady growth. In 2025 the production of medium density fiberboard is estimated to be 115 Million Cubic Meter.

According to this study, over the next five years the Medium Density Fiberboard (MDF) Panels market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 22100 million by 2024, from US$ 18700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Medium Density Fiberboard (MDF) Panels business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Medium Density Fiberboard (MDF) Panels market by product type, application, key manufacturers and key regions and countries.

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This study considers the Medium Density Fiberboard (MDF) Panels value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Fire-rated MDF
Moisture Resistant MDF
General MDF
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Furniture Industry
Building Materials
Interior Decoration

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kronospan M&P Kaindl
Duratex SA
Swiss Krono Group
Nelson Pine
Sonae Industria
kastamonu Entegre
Yildiz Entegre
Georgia-Pacific Wood Products
Guodong Group
Furen Group
DareGlobal Wood

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Medium Density Fiberboard (MDF) Panels consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Medium Density Fiberboard (MDF) Panels market by identifying its various subsegments.
Focuses on the key global Medium Density Fiberboard (MDF) Panels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Medium Density Fiberboard (MDF) Panels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Medium Density Fiberboard (MDF) Panels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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