Market Forecast By Regions (North America, Latin America, Europe, Asia Pacific, Middle East and Africa), By Grade (OSB/1, OSB/2, OSB/3, OSB/4), By End-Use (Furniture, Construction, Packaging) And Competitive Landscape
Product Code: ETC150167 | Publication Date: Dec 2021 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Global Oriented Strand Board (OSB) Market |
Forecast Period | 2025-2031 |
Market Size | 50.79 million cubic meters |
CAGR | 5.0% |
Growing Sector | Construction |
The Global Oriented Strand Board (OSB) Market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities in high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics. The report thoroughly covers the market by grade, application, end-user, and regions.
As of 2025, the global OSB market size was estimated at 36.3 million cubic meters. It is expected to reach 50.79 million cubic meters by 2031. The growing demand for OSB in the construction industry is the main reason for this growth. People are looking for cheap and strong building materials, which is increasing the demand for OSB rapidly. OSB is being used the most especially in the US, Canada and China. This material is given more preference than traditional wood in the construction sector here. The use of OSB is also increasing in India and other Asian countries, as the number of homes and commercial buildings is increasing rapidly here.
The main reason for this growth is its increasing demand in the construction industry, the need for cheaper and stronger wood alternatives, and the growing trend towards environmentally friendly products. The OSB market is growing rapidly due to the increasing urbanization rate, increased construction activities, and the promotion of environmentally sustainable options by governments. In addition, new technologies are making OSB more robust and waterproof, making it more popular.
According to 6Wresearch, the global oriented strand board (OSB) market is expected to grow at a compound annual growth rate (CAGR) of 5.0% during 2025-2031. Several important reasons are helping to grow the OSB market. The first reason is that the construction of new homes and commercial buildings is growing very fast all over the world. People want strong, affordable and durable building materials, which is increasing the demand for OSB. It is being used the most especially in the US, Canada and Europe. Second, governments are promoting the use of engineered wood (such as OSB) instead of traditional wood to protect the environment. Small pieces of wood are used to make OSB, which reduces the felling of large trees and causes less damage to forests. For this reason, governments are promoting investment in the OSB industry. Third, OSB costs less than plywood and other traditional wood products. This makes it an attractive option for the furniture and packaging industry. It is light, strong and durable, which is also increasing its use in the logistics and transport sector. This trend is reflected in the Oriented Strand Board (OSB) Market Growth.
However, this market also faces some challenges. The biggest problem is that the glue used to make OSB in some countries contains harmful chemicals such as formaldehyde, which can be harmful to the environment and health. Strict regulations have been imposed on it in many countries, due to which companies have to change the production process. Apart from this, other options such as plywood and MDF (Medium Density Fiberboard) are also available in the market. Some people prefer traditional wood, which may affect the demand for OSB. Also, fluctuations in raw material prices are another challenge for this industry.
A major change in the OSB market is that companies are now making advanced OSB products that are waterproof and fireproof. It is more durable and safe than traditional wood, due to which its use is increasing rapidly. Especially in those areas where there is more rain and moisture, it is being preferred more.
Apart from this, people are now preferring environmentally friendly products more. OSB can be reused and it spreads less pollution. Therefore, governments are also promoting it and it is being made better with the help of new technologies.
The Asia-Pacific region has great opportunities to invest in the oriented strand board (OSB) market. Cities and industries are growing rapidly in countries like India and China. This leads to the construction of new buildings and factories, which is increasing the demand for OSB. Investing in this region can lead to good profits as a lot of new construction projects start here every year.
In addition, new types of OSB are being made keeping the environment in mind, which release less harmful gases. Governments are promoting such eco-friendly products, allowing companies that make eco-friendly OSB to grow. Therefore, it is a good investment region.
The OSB market has some major companies that are leading in this industry Arbec Forest Products Inc., Coillte, EGGER Group, Huber Engineered Woods LLC, Koch Industries Inc., Kronospan, Louisiana-Pacific Corporation, RoyOMartin, SWISS KRONO Group, Tolko Industries Ltd., West Fraser Timber Co. Ltd., Weyerhaeuser Company. These companies produce and supply OSB worldwide and are working on creating new, better products.
Governments make many regulations to control the OSB market. Many countries have regulations that determine what type of material can be used in construction. Some regulations promote energy-saving and environmentally friendly buildings, which increases the demand for OSB as it is a strong and insulating material. In addition, the glue used to make OSB contains some harmful chemicals that can harm health when released into the air. Therefore, governments in Europe and North America are implementing regulations that require less harmful chemicals to be used in OSB. Governments are also looking at where the wood for OSB is coming from. Many countries have made rules that wood should be taken only from those forests where new trees are planted. This helps in saving forests. In some countries, tax is also imposed on the import and export of OSB. This benefits local companies, as they have to face less competition from foreign companies. This strengthens the domestic OSB market.
The OSB market will grow even faster in the coming years as the need to build new buildings and houses is increasing all over the world. Especially in countries like India and China, cities are expanding, which is accelerating construction work and increasing the demand for OSB. New technologies are also being developed in OSB production. Now such OSBs are being made which do not get damaged by water, release less harmful gases and are safe from fire. Due to these new features, the popularity of OSB will increase further in the coming time. To protect the environment, governments are promoting products that can be reused and cause less pollution. OSB falls in this category, so its demand will be even higher in the coming years. The Asia-Pacific region will be the fastest growing region in this market. Especially in China and India, governments are promoting the construction of affordable houses, which will increase the demand for OSB. Apart from this, North America and Europe will also lead this market as OSB is already being used extensively there.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ashutosh, Senior Research Analyst, 6Wresearch, North America, particularly the US and Canada, will lead the global OSB market. The construction industry in this region is very strong and the use of engineered wood (such as OSB) is growing rapidly here. Governments are also promoting eco-friendly construction materials, which will further increase the demand for OSB.
OSB/3 will be in highest demand as it is protected from moisture and is more robust. It is mainly used in floors, ceilings and walls. Its use will be even higher in areas where there is more moisture.
OSB will continue to be used the most in the construction industry as it is widely used in houses, apartments and other commercial buildings. Its demand will also increase due to the plans of governments to build affordable houses.
The report offers a comprehensive analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Oriented Strand Board (OSB) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Oriented Strand Board (OSB) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Oriented Strand Board (OSB) Market - Industry Life Cycle |
3.4 Global Oriented Strand Board (OSB) Market - Porter's Five Forces |
3.5 Global Oriented Strand Board (OSB) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Oriented Strand Board (OSB) Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Global Oriented Strand Board (OSB) Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Oriented Strand Board (OSB) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Oriented Strand Board (OSB) Market Trends |
6 Global Oriented Strand Board (OSB) Market, 2021-2031 |
6.1 Global Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
6.2 Global Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
7 North America Oriented Strand Board (OSB) Market, 2021-2031 |
7.1 North America Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
7.2 North America Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
8 Latin America Oriented Strand Board (OSB) Market, 2021-2031 |
8.1 Latin America Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
8.2 Latin America Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
9 Europe Oriented Strand Board (OSB) Market, 2021-2031 |
9.1 Europe Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
9.2 Europe Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
10 Asia Pacific Oriented Strand Board (OSB) Market, 2021-2031 |
10.1 Asia Pacific Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
10.2 Asia Pacific Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
11 Middle East Oriented Strand Board (OSB) Market, 2021-2031 |
11.1 Middle East Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
11.2 Middle East Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
12 Africa Oriented Strand Board (OSB) Market, 2021-2031 |
12.1 Africa Oriented Strand Board (OSB) Market, Revenues & Volume, By Grade, 2021-2031 |
12.2 Africa Oriented Strand Board (OSB) Market, Revenues & Volume, By End-use, 2021-2031 |
13 Global Oriented Strand Board (OSB) Market Key Performance Indicators |
14 Global Oriented Strand Board (OSB) Market - Opportunity Assessment |
14.1 Global Oriented Strand Board (OSB) Market Opportunity Assessment, By Regions, 2021 & 2031F |
14.2 Global Oriented Strand Board (OSB) Market Opportunity Assessment, By Grade, 2021 & 2031F |
14.3 Global Oriented Strand Board (OSB) Market Opportunity Assessment, By End-use, 2021 & 2031F |
15 Global Oriented Strand Board (OSB) Market - Competitive Landscape |
15.1 Global Oriented Strand Board (OSB) Market Revenue Share, By Companies, 2024 |
15.2 Global Oriented Strand Board (OSB) Market Competitive Benchmarking, By Operating and Technical Parameters |
16 Company Profiles |
17 Recommendations |
18 Disclaimer |