India Oriented Strand Board Market (2025-2031) Outlook | Trends, Companies, Analysis, Growth, Forecast, Share, Size, Value, Industry & Revenue

Market Forecast By Grade (OSB/1, OSB/2, OSB/3, OSB/4), By Application (Construction, Furniture, Flooring, Packaging, Others), By End User (Residential, Non-residential) And Competitive Landscape
Product Code: ETC336384 Publication Date: Aug 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Oriented Strand Board Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s import shipments of oriented strand board saw significant growth in 2024, with top exporting countries being the UAE, Thailand, Malaysia, China, and Russia. The market experienced a shift towards higher concentration, indicating increased competition among suppliers. The compound annual growth rate (CAGR) for 2020-2024 was an impressive 36.13%, with a remarkable growth rate of 121.02% in 2024 alone. This data suggests a thriving market for oriented strand board imports in India, with potential opportunities for both domestic and international suppliers.

India Oriented Strand Board Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Oriented Strand Board Market Synopsis

The India oriented strand board (OSB) market was estimated to be worth USD 0.45 billion in 2025 and is projected to grow at a CAGR of 8% during 2025-2031 on account of its increasing popularity due to strong structural properties like stability against weather conditions, fire resistance, impact resistance, etc., which make it preferred choice over plywood or particle boards in construction applications such as flooring systems & roof decking among others. Also, growing awareness about OSB?s efficiency coupled with favorable government policies towards environment friendly building products will further drive the demand for OSB across India over the coming years..

Drivers of the market

The India oriented strand board (OSB) market is driven by the construction and furniture industries. OSB is used as a cost-effective and versatile alternative to plywood in various applications, including roofing, flooring, and wall sheathing. The rapid urbanization and growth of the construction sector contribute to the demand for OSB in affordable housing projects. Additionally, the rising demand for modular furniture and interior solutions fuels market growth. However, challenges related to quality control, environmental sustainability, and competition from other engineered wood products influence the dynamics of the market.

Challenges of the Market

The oriented strand board (OSB) market in India has growth opportunities in the construction and furniture industries. However, challenges include competition from other engineered wood products and the need for standardized quality in OSB manufacturing. Fluctuations in raw material availability and prices, as well as concerns about the durability and performance of OSB in different environmental conditions, are critical factors that companies in this market need to address.

Covid-19 Impact on the Market

The India oriented strand board (OSB) market has shown growth potential as a cost-effective and eco-friendly alternative to traditional plywood. The pandemic disrupted construction activities and supply chains, affecting the market`s growth trajectory. As construction activities resume and the real estate sector gains momentum, the demand for OSB is anticipated to rebound. The market`s recovery will be influenced by the construction industry`s adoption of sustainable building materials and the government`s infrastructure development initiatives.

Key Players of the Market

The India oriented strand board (OSB) market is anticipated to experience growth, with key players like Greenply Industries Ltd. and Century Plyboards (India) Ltd. being influential. These companies are likely to shape the market by providing versatile and cost-effective alternatives to traditional plywood. As the construction and furniture industries seek efficient and sustainable materials, the role of key players in offering high-quality OSB products will significantly impact the market`s outlook.

Key Highlights of the Report:

  • India Oriented Strand Board Market Outlook
  • Market Size of India Oriented Strand Board Market, 2024
  • Forecast of India Oriented Strand Board Market, 2031
  • Historical Data and Forecast of India Oriented Strand Board Revenues & Volume for the Period 2021-2031
  • India Oriented Strand Board Market Trend Evolution
  • India Oriented Strand Board Market Drivers and Challenges
  • India Oriented Strand Board Price Trends
  • India Oriented Strand Board Porter's Five Forces
  • India Oriented Strand Board Industry Life Cycle
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By OSB/1 for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By OSB/2 for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By OSB/3 for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By OSB/4 for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Furniture for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Flooring for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Oriented Strand Board Market Revenues & Volume By Non-residential for the Period 2021-2031
  • India Oriented Strand Board Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End User
  • India Oriented Strand Board Top Companies Market Share
  • India Oriented Strand Board Competitive Benchmarking By Technical and Operational Parameters
  • India Oriented Strand Board Company Profiles
  • India Oriented Strand Board Key Strategic Recommendations

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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 India Oriented Strand Board Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Oriented Strand Board Market Revenues & Volume, 2021 & 2031F

3.3 India Oriented Strand Board Market - Industry Life Cycle

3.4 India Oriented Strand Board Market - Porter's Five Forces

3.5 India Oriented Strand Board Market Revenues & Volume Share, By Grade, 2021 & 2031F

3.6 India Oriented Strand Board Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Oriented Strand Board Market Revenues & Volume Share, By End User, 2021 & 2031F

4 India Oriented Strand Board Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in the construction industry in India

4.2.2 Increasing demand for affordable and sustainable building materials

4.2.3 Rising awareness about the benefits of oriented strand board (OSB) over traditional materials

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices

4.3.2 Competition from other building materials like plywood and particle board

4.3.3 Regulatory challenges related to environmental concerns and certifications

5 India Oriented Strand Board Market Trends

6 India Oriented Strand Board Market, By Types

6.1 India Oriented Strand Board Market, By Grade

6.1.1 Overview and Analysis

6.1.2 India Oriented Strand Board Market Revenues & Volume, By Grade, 2021-2031F

6.1.3 India Oriented Strand Board Market Revenues & Volume, By OSB/1, 2021-2031F

6.1.4 India Oriented Strand Board Market Revenues & Volume, By OSB/2, 2021-2031F

6.1.5 India Oriented Strand Board Market Revenues & Volume, By OSB/3, 2021-2031F

6.1.6 India Oriented Strand Board Market Revenues & Volume, By OSB/4, 2021-2031F

6.2 India Oriented Strand Board Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Oriented Strand Board Market Revenues & Volume, By Construction, 2021-2031F

6.2.3 India Oriented Strand Board Market Revenues & Volume, By Furniture, 2021-2031F

6.2.4 India Oriented Strand Board Market Revenues & Volume, By Flooring, 2021-2031F

6.2.5 India Oriented Strand Board Market Revenues & Volume, By Packaging, 2021-2031F

6.2.6 India Oriented Strand Board Market Revenues & Volume, By Others, 2021-2031F

6.3 India Oriented Strand Board Market, By End User

6.3.1 Overview and Analysis

6.3.2 India Oriented Strand Board Market Revenues & Volume, By Residential, 2021-2031F

6.3.3 India Oriented Strand Board Market Revenues & Volume, By Non-residential, 2021-2031F

7 India Oriented Strand Board Market Import-Export Trade Statistics

7.1 India Oriented Strand Board Market Export to Major Countries

7.2 India Oriented Strand Board Market Imports from Major Countries

8 India Oriented Strand Board Market Key Performance Indicators

8.1 Average selling price of OSB in the Indian market

8.2 Number of new construction projects utilizing OSB

8.3 Adoption rate of OSB in different regions of India

8.4 Percentage of manufacturers offering customized OSB solutions

8.5 Investment in RD for improving OSB quality and sustainability

9 India Oriented Strand Board Market - Opportunity Assessment

9.1 India Oriented Strand Board Market Opportunity Assessment, By Grade, 2021 & 2031F

9.2 India Oriented Strand Board Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Oriented Strand Board Market Opportunity Assessment, By End User, 2021 & 2031F

10 India Oriented Strand Board Market - Competitive Landscape

10.1 India Oriented Strand Board Market Revenue Share, By Companies, 2024

10.2 India Oriented Strand Board Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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