World Particle Board Market to Grow 1.3% Annually from 2015 to 2019

Date: 2015-10-12

Global demand for particle boardis forecast to expand 1.3% p.a. between 2015 and 2019. Bolivia, China, Germany, Poland and the United States are considered the highest potential markets in the coming years. 

According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global particle board industryis forecast to reach 1.3% p.a. in the coming years.Between 2008 and 2014 the market increased with an average annual growth of 2.9%. 

Currently, particleboard of wood accounts for 94.0% of the global demand while the particle board of other ligneous materials has a 6.0% share of the market.

China, France, Germany, Italy and the United States represent the largest particle board markets while the strongest annual growth is forecast to occur in Bolivia (10.4%), Morocco (7.9%), Poland (6.2%), Ireland (4.0%) and Oman (3.9%).

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