The Cement Bonded Particle Board Market is witnessing steady growth due to its versatility and durability in construction applications. These boards are composed of wood particles or fibers bonded together with cement, offering a strong and robust building material. They are highly resistant to moisture, fire, and pests, making them ideal for both interior and exterior use.
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Top Companies
CETRIS (CS), JSC TAMAK (Russia), Beton Wood (Italy), Yaodonghua Furniture Boards Co., Ltd. (China), Eltomation B.V. (Netherlands), Euroform Products (UK), IHS Product Design CO, OMEGA Engineering, Inc., Richardson RFPD, Restek.
The global Cement Bonded Particle Board market has been growing steadily in recent years due to the increasing demand for sustainable and eco-friendly building materials. The market is driven by the growth in the construction industry, especially in emerging economies, as well as the rising awareness of the benefits of CBPB over traditional building materials such as plywood and gypsum board.
The market is segmented by type, application, and region. Based on type, the market is categorized into low-density CBPB, medium-density CBPB, and high-density CBPB. Low-density CBPB is suitable for interior applications such as wall linings and ceiling panels, while high-density CBPB is used in exterior applications such as cladding and roofing. Medium-density CBPB is used for both interior and exterior applications. By application, the market is divided into residential, commercial, and industrial. Residential is the largest application segment, accounting for the highest share of the market, owing to the increasing demand for affordable housing and the growth of the residential construction sector.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Cement Bonded Particle Board Market. It emphasizes on the business strategies such as new product launches, mergers acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
Regional Analysis:
Region-wise, the global Cement Bonded Particle Board market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Cement Bonded Particle Board market share, and LAMEA is anticipated to secure a leading position during the forecast period.
KEY MARKET SEGMENTS
By Product Type (thickness)
- 8-18mm
- 20-30mm
- 30 mm
- Others
By Application
- Furniture
- Ceiling
- Siding
- Packages
- Others
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