Medium Density Fiberboard Market (MDF) is expected to reach USD 56.27 Billion by 2026 from USD 22 Billion in 2017 at a CAGR 11%. The rising demand from the new domestic housing construction & demand from commercial constructions are driving the Medium Density Fiberboard (MDF) Market. Revolution in the lifestyle of today’s people & inclination towards furniture style has been changed significantly from the past years. Modern furniture contains features like simple lines, square edged chairs, and various arrangement of colors. Furniture is made of medium density fibreboard due to its high temperature resistance, fire resistance, moisture resistance & high durability.
Medium Density Fiberboard (MDF) Market is segmented by Type, Application, End-User and Geography. Based on type segment Medium Density Fiberboard (MDF) Market is divided into moisture resistant MDF & standard MDF. Moisture Resistant MDF is expected to hold largest share during forecast period due to its features. Standard MDF are mostly suitable for interior architecture, which cannot bare humidity. Where, Moisture Resistant MDF are appropriate for laboratories, laundries & bathrooms i.e. in high moisture areas.
Medium Density Fiberboard Market (MDF)
APAC region is expected to grow at the highest CAGR during the forecast period. This growth is largely driven by China, where some government plans like China Western Development Program, the Plan of Energising Northeast China which purposes to develop living standards is projected to inspire furniture industry, renovation and packaging etc.
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Scope of the report Medium Density Fiberboard Market (MDF):
• By Type
• Fire-rated MDF
• Moisture Resistant MDF
• General MDF
• By Application
• Furniture Industry
• Building Materials
• Interior Decoration
• Other
• By Geography
• North America
• Europe
• APAC
• Latin America
• MEA
Key Players Medium Density Fiberboard Market (MDF):
1. Accsys Technologies
2. ARAUCO
3. Carter Holt Harvey Limited
4. Duratex
5. Fantoni
6. Kronospan M&P Kaindl
7. Arauco
8. Duratex SA
9. Swiss Krono Group
10. Nelson Pine
11. MASISA
12. Sonae Industria
13. kastamonu Entegre
14. Finsa
15. Yildiz Entegre
16. Egger
17. Pfleiderer
18. Norbord
19. Georgia-Pacific Wood Products
20. Swedspan
21. Dongwha
22. Guodong Group
23. Furen Group
24. DareGlobal Wood
This Report Is Submitted By : Maximize Market Research Company
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