Global Particleboard Market: Overview
Particleboard, commonly known as low density fiber board and chip board, is an engineered wood manufactured from raw materials such as wood chips, sawmill shavings, saw dust, and synthetic resins. These raw materials are further pressed and extruded to form particleboards. Various types of particleboards are available in the market. They differ significantly on the basis of size, geometry of particles, amount of adhesive used, and density to which panels are pressed.
Key materials used to manufacture Particleboard Market are shavings, flakes, sawdust, silver, excelsior, and chip. Shaving particle is defined as a small wood particle of indefinite dimensions. Shaving particle is produced at planing and jointing of wood. The particle is variable in thickness and is often found in curled shape. The commonly used material the manufacture of particleboards is flake. Flake is small particle with predetermined dimension. It is produced by specialized equipment. Flake has uniform thickness with fiber orientation, which is parallel to both the sides. Chip material is a piece of wood chopped from a block by a knife or a hammer. Sawdust material is manufactured by sawing activity. Sawdust material is available in various different sizes. It can be further refined using different methods. Flakes, shavings, and fibers area the three important materials used in the production of particleboards.
Particleboard is commonly used as a building material in building projects. This innovative product is used as a substitution for plywood. Particleboard Market are available in different grades depending on the size of the particles for different application purposes. Smaller size of particles requires stronger particleboard. Based on application, the global particleboard market can be classified into cabinets, design routing, shelving, concrete forms, and others. Particleboard is generally used in cabinets to save labor energy and cost. Particleboard is used as an alternative to plywood in cabinets. Most cabinet parts such as jambs, shelves, and bottoms and backs of cabinets are manufactured using particleboards. The stain is sprayed on the particleboard and finished with the two coats of lacquer to provide a superior finish to cabinets. Particleboards are used in design routing due to their consistency, stability, and flat surface. Particleboards are consistently used in routed cabinet doors or routed panels that can be inserted into any woodworking project. Flute knives, roman ogee bits, raised panel knives, or handheld multipurpose tools can be used to cut designs into the surface of the particleboard. Particleboard can be used in building shelves. Cabinets are customized by building shelves in most homes. When enamel paint is applied to the particleboard shelving, a permanent and attractive closet is formed. Plywood exposes a raw edge that has large voids or holes when it is cut. Particleboard has a solid edge that can be sanded smoothly and ready for applying paint.
Based on geography, the global particleboard market can be segregated into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America and Europe are the major regions of the particleboard market, led by the growth in the construction industry in these regions. Companies operating in the particleboard market in Asia Pacific and Latin America are investing significantly in research and development activities.
Prominent players operating in the global particleboard market include Roseburg, Uniboard, Timber Products Company, and Menard, Inc. These companies hold significant share of the market. Thus, the particleboard market experiences intense competition.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.