Wood Panels: United States

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Published Dec 31, 2020 | 35 Pages | Pub ID: FFO16474263
Wood Panels: United States

This report forecasts to 2024 US wood panel demand in square feet as measured on a 3/8-inch basis. Total demand is segmented by product in terms of: oriented strand board (OSB); softwood plywood; particleboard; medium density fiberboard (MDF); and other nonstructural boards such as hardwood plywood, hardboard, insulation board, and low density fiberboard (softboard). Total demand is also segmented by market as follows: roofing; flooring; other construction applications, such as wall sheathing, cabinets, siding, doors and windows, and interior paneling; furniture and fixtures; and other industrial applications such as engineered wood products, material handling products, and transportation equipment.

To illustrate historical trends, total demand is provided in annual series from 2009 to 2019; the various segments are reported at five-year intervals for 2009, 2014, and 2019.

Data in square feet are actually volumetric measurements since the various types of wood panels are each associated with a standard thickness. These standard thicknesses (as most commonly accepted within the industry) are: 1/8 inch – hardboard; 3/8 inch for OSB and softwood plywood; 1/2 inch for insulation board and low density fiberboard; and 3/4 inch for particleboard, hardwood plywood, and MDF.

In order to improve the comparability of wood panel demand in volume terms across different board types, data are converted to a 3/8-inch basis. Unless another thickness is specified, square feet measurements are on a 3/8-inch basis.

Wood panels used as a component of other wood panel products, such as particleboard used to make plywood, are counted separately and considered to be engineered wood for the purposes of this report. Although this results in some double counting of wood panel demand, this treatment is in line with measures used within the industry.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
321219 Reconstituted wood panels mfg
321999 All other miscellaneous wood product mfg
Historical Trends
Key Economic Indicators
Impact of COVID-19
Pricing Trends
Oriented Strand Board
Softwood Plywood
Medium Density Fiberboard
Other Nonstructural Boards
Other Construction Applications
Furniture & Fixtures
Other Industrial Applications
Industry Characteristics
Market Share
Industry Codes
Freedonia Methodology
Figure 1 | Key Trends in US Wood Panel Demand, 2019 - 2024
Figure 2 | US Wood Panel Demand Trends, 2009 - 2019
Table 1 | Key Indicators for US Wood Panel Demand, 2009 - 2024 (2012US$ bil)
Table 2 | US Wood Panel Trade, 2009 - 2019 (mil sq ft - 3/8-inch basis)
Table 3 | US Price Trends for Select Wood Panel Products, 2009 - 2019 (US$/000 sq ft)
Figure 3 | US Wood Panel Demand by Product, 2009 - 2024 (bil sq ft - 3/8 in basis)
Table 4 | US Wood Panel Demand by Product, 2009 - 2024 (mil sq ft - 3/8 in basis)
Figure 4 | US Wood Panel Demand by Product, 2009 - 2024 (%)
Figure 5 | US Wood Panel Demand by Application, 2009 - 2024 (bil sq ft - 3/8 in basis)
Table 5 | US Wood Panel Demand by Application, 2009 - 2024 (mil sq ft - 3/8 in basis)
Figure 6 | US Wood Panel Demand by Application, 2009 - 2024 (%)
Figure 7 | US Wood Panel Market Share by Company, 2019 (%)
Table 6 | Leading Suppliers to the US Wood Panel Market by Product Type
Table 7 | NAICS & SIC Codes Related to Wood Panels

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