Home > Construction > Construction Materials > Wall and Ceiling Materials > Medium Density Fiberboard Market
Medium Density Fiberboard Market Size
- Report ID: GMI5726
- Published Date: May 2023
- Report Format: PDF
Medium Density Fiberboard Market Size
Medium Density Fiberboard Market size valued at USD 47 billion in 2022 and is slated to grow at around 6.5% CAGR through 2032 propelled by the growing preference for modular furniture
Modular furniture design is known for its high level of functionality as it offers several storage modules which has raised the need for cost-effective materials such as MDF panels. Additionally, increasing investments and expansion efforts by MDF manufacturers will aid medium density fiberboard market development.
Medium-density fiberboard is an engineered wood product created by breaking down residuals or hardwood into wood fibers and mixing it with wax and a resin binder and shaping it into panels under high temperature and pressure. MDF is generally utilized for interior applications because of its weak moisture resistance. It is available in raw form, with a highly sanded surface, or with a decorative overlay, which contributes to its growing demand for furniture manufacturing applications.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Medium Density Fiberboard Market Size in 2022: | USD 47.2 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.5% |
| 2032 Value Projection: | USD 88.5 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 215 |
| Tables, Charts & Figures: | 175 |
| Segments covered: | Product and Application |
| Growth Drivers: |
|
Frequently Asked Questions (FAQ) :
Medium Density Fiberboard Market Scope
