
Particle Board Market Analysis
Particle Board Market Research Report Information by Raw Material (Wood, Bagasse and others), Product Type (Fire-Resistant Particle Board, Moisture-Resistant Particle Board, and Raw Particle Board), Application (Construction, Furniture, Infrastructure, and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2035

Market Summary
As per Market Research Future Analysis, the Global Particle Board Market was valued at USD 19.3 Billion in 2030, with a projected CAGR of 6.1% during the forecast period. The market has experienced moderate growth, driven by increasing demand for laminated and pre-laminated particle boards in construction, furniture, and infrastructure applications. Plain particle boards are widely used for wooden panel products, which help minimize construction costs. Additionally, their sound-absorbing properties make them essential in venues like concert halls and recording studios. However, challenges such as lower durability and yield strength may hinder market growth.
Key Market Trends & Highlights
The Global Particle Board Market is characterized by several key trends and highlights.
- Asia-Pacific is the fastest-growing region, expected to dominate until 2025 due to rising demand for ready-made furniture in China and India.
- North America is projected to hold a substantial market share, driven by increased R&D investments in fiberboard innovation.
- The wood segment, particularly sawdust and shavings, held the largest market share in 2018 and is anticipated to witness the highest CAGR.
- Moisture-resistant particleboard dominated the product type segment in 2018 and is expected to continue its growth trajectory.
Market Size & Forecast
Market Size in 2030 | USD 19.3 Billion |
CAGR during forecast period | 6.1% |
Largest Regional Market | Asia-Pacific |
Dominant Product Type | Moisture-resistant particleboard. |
Major Players
Key companies include Timber Products Company, Roseburg, Uniboard, Dakota Premium Hardwoods, Associate Decor Limited, Boise Cascade, D&R Henderson Pty Ltd, Green Land Particle Board, Century Plyboards India Ltd, Krifor Industries, Shell Laminates Pvt. Ltd, DMK Particleboard LLP, Kunnathan Chip Board Pvt. Ltd, Action TESA, and FA Mitchell.
Market Trends
The Global Particle Board Market is poised for growth as sustainable practices and innovative manufacturing techniques gain traction, reflecting a shift towards eco-friendly materials in the construction and furniture industries.
U.S. Department of Commerce
Particle Board Market Market Drivers
Growth in the Construction Sector
The Global Particle Board Market Industry is significantly influenced by the expansion of the construction sector, which is experiencing robust growth worldwide. As urbanization accelerates, the demand for affordable and versatile building materials increases. Particle boards are favored for their cost-effectiveness and ease of use in various applications, including flooring, wall panels, and furniture. This trend is expected to contribute to the market's growth, with projections indicating a rise to 25.9 USD Billion by 2035. The Global Particle Board Market Industry stands to gain from this construction boom, as more developers and builders opt for particle boards to meet their project requirements.
Market Trends and Growth Projections
The Global Particle Board Market Industry is poised for substantial growth, with projections indicating a market value of 12.1 USD Billion in 2024 and an anticipated increase to 25.9 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 7.19% from 2025 to 2035. Key factors driving this expansion include rising demand for sustainable materials, growth in the construction sector, and technological advancements in manufacturing. As these trends continue to evolve, the Global Particle Board Market Industry is likely to adapt and thrive, positioning itself as a leader in the sustainable materials market.
Rising Demand for Sustainable Materials
The Global Particle Board Market Industry experiences a notable surge in demand for sustainable materials, driven by increasing environmental awareness among consumers and manufacturers. Particle boards, made from recycled wood and other materials, align with eco-friendly practices. This trend is particularly evident in the furniture and construction sectors, where companies are seeking to minimize their carbon footprint. As a result, the market is projected to reach 12.1 USD Billion in 2024, reflecting a growing preference for sustainable alternatives. The Global Particle Board Market Industry is thus positioned to benefit from this shift towards sustainability, potentially enhancing its market share in the coming years.
Technological Advancements in Manufacturing
Technological advancements in manufacturing processes are reshaping the Global Particle Board Market Industry, enhancing product quality and production efficiency. Innovations such as improved adhesive formulations and advanced pressing techniques lead to stronger and more durable particle boards. These developments not only meet the evolving needs of consumers but also comply with stricter regulations regarding emissions and sustainability. As manufacturers adopt these technologies, the market is likely to witness a compound annual growth rate of 7.19% from 2025 to 2035. This growth trajectory indicates a promising future for the Global Particle Board Market Industry, as it adapts to technological changes and consumer preferences.
Increased Investment in Furniture Production
The Global Particle Board Market Industry benefits from increased investment in furniture production, as particle boards are a primary material used in the manufacturing of various furniture items. The rise in disposable incomes and changing consumer lifestyles have led to a growing demand for affordable and stylish furniture. Manufacturers are increasingly turning to particle boards due to their cost-effectiveness and versatility, which allows for innovative designs. This trend is expected to sustain the market's growth, as investments in furniture production continue to rise. The Global Particle Board Market Industry is thus likely to see a significant boost in demand, aligning with consumer preferences for modern and sustainable furniture solutions.
Regulatory Support for Eco-Friendly Products
Regulatory support for eco-friendly products plays a crucial role in shaping the Global Particle Board Market Industry. Governments worldwide are implementing policies that promote the use of sustainable materials in construction and manufacturing. These regulations often incentivize the adoption of particle boards, which are viewed as a greener alternative to traditional wood products. As a result, manufacturers are increasingly aligning their production processes with these regulations, enhancing their market competitiveness. This supportive regulatory environment is expected to drive growth in the Global Particle Board Market Industry, as stakeholders seek to comply with environmental standards while meeting consumer demands for sustainable products.
Market Segment Insights
Regional Insights
Key Companies in the Particle Board Market market include


Industry Developments
Future Outlook
Particle Board Market Future Outlook
The Global Particle Board Market is projected to grow at a 7.19% CAGR from 2024 to 2035, driven by increasing demand for sustainable materials and innovative manufacturing processes.
New opportunities lie in:
- Invest in eco-friendly particle board production technologies to capture environmentally conscious consumers.
- Expand distribution channels in emerging markets to leverage growing construction and furniture sectors.
- Develop customized particle board solutions for niche applications in automotive and electronics industries.
By 2035, the Global Particle Board Market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological advancements.
Market Segmentation
Report Scope
Report Attribute/Metric | Details |
Market Size | 2032: USD 19.3 Billion |
CAGR | 6.1% CAGR (2024-2032) |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Raw Material, Product Type, Application, Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Timber Products Company, Roseburg, Uniboard, Dakota Premium Hardwoods, Associate Decor Limited, Boise Cascade, D&R Henderson Pty Ltd, Green Land Particle Board, Century Plyboards India Ltd, Krifor Industries, Shell Laminates Pvt. Ltd, DMK Particleboard LLP, Kunnathan Chip Board Pvt. Ltd, Action TESA, and FA Mitchell. |
Key Market Opportunities | Increasing demand for the cheaper wood-based products for various end-use applications in construction, furniture, and infrastructure |
Key Market Drivers | Rising demand for cheaper fiberboards in manufacturing industries Increasing R&D investments for product innovation and development of fiberboards |
Market Highlights
Author
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FAQs
At what CAGR is the global particle board market projected to grow in the forecast period (2022-2030)?
Global particle board market is projected to grow at approximately 6.1 % CAGR during the assessment period (2024-2032).
What was the value of the global particle board market by 2030?
Global particle board market had created a valuation of around USD 19.3 BN by 2030
Which are the major segments in the global particle board market?
Based on the raw material type, the wood segment, based on product type, the moisture-resistant particleboard segment, and based on application, the furniture segment holds the majority of market share in the global particle board market.
Which region holds the largest share in the global particle board market?
Asia Pacific holds the largest share in the global particle board market, followed by Europe and North America, respectively.
Who are the top players in the global particle board market?
Timber Products Company, FA Mitchell, Roseburg, Uniboard, Action TESA, Associate Decor Limited, Kunnathan Chip Board Pvt. Ltd, Boise Cascade, D&R Henderson Pty Ltd, DMK Particleboard LLP, Dakota Premium Hardwoods, Shell Laminates Pvt. Ltd, Krifor Industries, Century Plyboards India Ltd., and Green Land Particle Board, are some of the top players operating in the global particle board market.
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Table of Contents
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Executive Summary
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Scope of the Report
- Market Definition
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Scope of the Study
- Definition
- Research Objective
- Assumptions
- Limitations
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Research Process
- Primary Research
- Secondary Research
- Market Size Estimation
- Forecast Model
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Market Landscape
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Porter’s Five Forces Analysis
- Threat of New Entrants
- Bargaining Power of Buyers
- Threat of Substitutes
- Segment Rivalry
- Bargaining Power of Buyers
- Value Chain/Supply Chain Analysis
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Porter’s Five Forces Analysis
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Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
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Global Particle Board Market, by Raw Material Type
- Introduction
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Wood
- Sawdust
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Bagasse
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Others
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Global Particle Board Market, by Product Type
- Introduction
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Fire-Resistant Particle Board
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Moisture-Resistant Particle Board
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Plain Particle Board
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Global Particle Board Market, by Application
- Introduction
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Construction
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Furniture
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Infrastructure
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Others
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Region, 2020-2027
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Global Particle Board Market, by Region
- Introduction
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North America
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Raw Material Type, 2020-2027
- Market Estimates & Forecast, by Product Type, 2020-2027
- Market Estimates & Forecast, by Application, 2020-2027
- US
- Canada
- Mexico
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Europe
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Raw Material Type, 2020-2027
- Market Estimates & Forecast, by Product Type, 2020-2027
- Market Estimates & Forecast, by Application, 2020-2027
- UK
- Germany
- France
- Italy
- Rest of Europe
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Asia-Pacific
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Raw Material Type, 2020-2027
- Market Estimates & Forecast, by Product Type, 2020-2027
- Market Estimates & Forecast, by Application, 2020-2027
- China
- Japan
- India
- Rest of Asia-Pacific
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Middle East & Africa
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Raw Material Type, 2020-2027
- Market Estimates & Forecast, by Product Type, 2020-2027
- Market Estimates & Forecast, by Application, 2020-2027
- Saudi Arabia
- UAE
- South Africa
- Rest of the Middle East & Africa
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South America
- Market Estimates & Forecast, 2020-2027
- Market Estimates & Forecast, by Raw Material Type, 2020-2027
- Market Estimates & Forecast, by Product Type, 2020-2027
- Market Estimates & Forecast, by Application, 2020-2027
- Argentina
- Brazil
- Rest of South America
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Competitive Landscape
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Company Profile
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Timber Products Company
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Roseburg
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Uniboard
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Dakota Premium Hardwoods
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Associate Decor Limited
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Boise Cascade
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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D&R Henderson Pty Ltd
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Green Land Particle Board
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Century Plyboards India Ltd.
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Krifor Industries
- Company Overview
- Products/Services Offered
- Financial Overview
- Key Developments
- Key Strategies
- SWOT Analysis
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Timber Products Company
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List of Tables and Figures
- List of Tables
- Table 1 Global Particle Board Market, by Region, 2020-2027
- Table 2 North America: Global Particle Board Market, by Country, 2020-2027
- Table 3 Europe: Global Particle Board Market, by Country, 2020-2027
- Table 4 Asia-Pacific: Global Particle Board Market, by Country, 2020-2027
- Table 5 Middle East & Africa: Global Particle Board Market, by Country, 2020-2027
- Table 6 South America: Global Particle Board Market, by Country, 2020-2027
- Table 7 Global Particle Board Market, by Raw Material Type, by Region, 2020-2027
- Table 8 North America: Global Particle Board Market, by Raw Material Type, by Country,
- Table 9 Europe: Global Particle Board Market, by Raw Material Type, by Country, 2020-2027
- Table 10 Asia-Pacific: Global Particle Board Market, by Raw Material Type, by Country,
- Table 11 Middle East & Africa: Global Particle Board Market, by Raw Material Type, by Country, 2020-2027
- Table 12 South America: Global Particle Board Market, by Raw Material Type, by Country, 2019-2025
- Table 13 Global Particle Board Market, by Product Type, by Region, 2020-2027
- Table 14 North America: Global Particle Board Market, by Product Type, by Country, 2020-2027
- Table 15 Europe: Global Particle Board Market, by Product Type, by Country, 2020-2027
- Table 16 Asia-Pacific: Global Particle Board Market, by Product Type, by Country, 2020-2027
- Table 17 Middle East & Africa: Global Particle Board Market by Product Type, by Country, 2020-2027
- Table 18 South America: Global Particle Board Market by Product Type, by Country, 2019-2025
- Table 19 Global Particle Board Market, by Application, by Region, 2020-2027
- Table 20 North America: Global Particle Board Market, by Application, by Country, 2020-2027
- Table 21 Europe: Global Particle Board Market, by Application, by Country, 2020-2027
- Table 22 Asia-Pacific: Global Particle Board Market by Application, by Country, 2020-2027
- Table 23 Middle East & Africa: Global Particle Board Market by Application, by Country, 2019-2025
- Table 24 South America: Global Particle Board Market by Application, by Country, 2020-2027
- Table 25 Global Particle Board Market, by Region, 2020-2027
- Table 26 Global Particle Board Market, by Raw Material, 2020-2027
- Table 27 Global Particle Board Market, by Product Type, 2020-2027
- Table 28 Global Particle Board Market, by Application, 2020-2027
- Table 29 North America: Global Particle Board Market, by Country
- Table 30 North America: Global Particle Board Market, by Raw Material Type
- Table 31 North America: Global Particle Board Market, by Product Type
- Table 32 North America: Global Particle Board Market, by Application
- Table 33 Europe: Global Particle Board Market, by Country
- Table 34 Europe: Global Particle Board Market, by Raw Material Type
- Table 35 Europe: Global Particle Board Market, by Product Type
- Table 36 Europe: Global Particle Board Market, by Application
- Table 37 Asia-Pacific: Global Particle Board Market, by Country
- Table 38 Asia-Pacific: Global Particle Board Market, by Raw Material Type
- Table 39 Asia-Pacific: Global Particle Board Market, by Product Type
- Table 40 Asia-Pacific: Global Particle Board Market, by Application
- Table 41 Middle East & Africa: Global Particle Board Market, by Country
- Table 42 Middle East & Africa: Global Particle Board Market, by Raw Material Type
- Table 43 Middle East & Africa: Global Particle Board Market, by Product Type
- Table 44 Middle East & Africa: Global Particle Board Market, by Application
- Table 45 South America: Global Particle Board Market, by Country
- Table 46 South America: Global Particle Board Market, by Raw Material Type
- Table 47 South America: Global Particle Board Market, by Product Type
- Table 48 South America: Global Particle Board Market, by Application List of Figures
- Figure 1 Research Process of MRFR
- Figure 2 Top-Down and Bottom-up Approach
- Figure 3 Market Dynamics
- Figure 4 Impact Analysis: Market Drivers
- Figure 5 Impact Analysis: Market Restraints
- Figure 6 Porter’s Five Forces Analysis
- Figure 7 Value Chain Analysis
- Figure 8 Global Particle Board Market Share, by Raw Material Type, 2020 (%)
- Figure 9 Global Particle Board Market, by Raw Material Type, 2020-2027 (USD Million)
- Figure 10 Global Particle Board Market Share, by Product Type, 2020 (%)
- Figure 11 Global Particle Board Market, by Product Type, 2020-2027 (USD Million)
- Figure 12 Global Particle Board Market Share, by Application, 2020 (%)
- Figure 13 Global Particle Board Market, by Application, 2020-2027 (USD Million)
- Figure 14 Global Particle Board Market Share (%), by Region, 2020
- Figure 15 Global Particle Board Market, by Region, 2020-2027 (USD Million)
- Figure 16 North America: Global Particle Board Market Share (%), 2020
- Figure 17 North America: Global Particle Board Market by Country, 2020-2027 (USD Million)
- Figure 18 Europe: Global Particle Board Market Share (%), 2020
- Figure 19 Europe: Global Particle Board Market, by Country, 2020-2027 (USD Million)
- Figure 20 Asia-Pacific: Global Particle Board Market Share (%), 2020
- Figure 21 Asia-Pacific: Global Particle Board Market, by Country, 2020-2027 (USD Million)
- Figure 22 Middle East & Africa: Global Particle Board Market Share (%), 2020
- Figure 23 Middle East & Africa: Global Particle Board Market, by Country, 2020-2027 (USD Million)
- Figure 24 South America: Global Particle Board Market Share (%), 2020
- Figure 25 South America: Global Particle Board Market, by Country, 2020-2027 (USD Million)
Particle Board Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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