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Cement Bonded Particle Board Market Size, Share Global Analysis Report, 2020–2026
Cement Bonded Particle Board Market By Type (=6 mm, 8 to 18 mm, 20 to 30 mm and =30 mm) and By Application (Closet, Ceiling, Siding, Interior and Exterior Wall, Storage Rack, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Cement Bonded Particle Board Market size was worth around USD 332.98 million in 2019 and is predicted to grow around USD 454.66 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.5% between 2020 and 2026. The report analyzes the global Cement Bonded Particle Board Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Cement Bonded Particle Board Market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the cement bonded particle board industry. The report analyzes and declares the historical and current trends analysis of the cement bonded particle board industry and subsequently recommends the projected trends anticipated to be observed in the cement bonded particle board market during the upcoming years.
The cement bonded particle board market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire cement bonded particle board market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our primary respondents, the cement bonded particle board market is set to grow at a rate of around 5%.
- It was established through the primary interview that the cement bonded particle board market was valued at around USD 330 Million in 2019.
- Europe market accounted for around 40% of the total value of the global cement bonded particle board market in 2019.
- On the basis of types, 8 to 18 mm dominated the global cement bonded particleboard market in 2019.
- Based on various applications, the global cement bonded particle board market was led by siding applications in 2019.
Key Recommendations from Analysts
- As per our analysts, the global cement bonded particle market is expected to grow significantly over the forecast period.
- The strategic and competitive advantage provided by the cement-wood composite is driving this market globally.
- In recent years, the rise in renovation activities worldwide is significantly influencing growth of the market.
- The growing construction industry in Saudi Arabia, South Africa, UAE, etc.is likely to witness exponential growth over the years to come.
- The Asia Pacific is expected to be the fastest-growing market for cement bonded particle board during the years to come.
North America Cement Bonded Particle Board Market Concentration Rate
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the cement bonded particle board industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the cement bonded particle board industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the cement bonded particle board market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the cement bonded particle board industry. The cement bonded particle board market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the cement bonded particle board sector. Key strategic developments in the cement bonded particle board market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the cement bonded particle board market are appropriately highlighted in the report.
The rise in urbanization has significantly influenced the construction industry sue to which the demand for cement bonded particle board has grown. Moreover, it is highly resistive to absorb moisture and has excellent drying properties. It can sustain for a longer time. Certain advantages provided by the cement bonded particle board have boosted the sales over the years. However, less awareness and insufficient knowledge in the labor workforce for cement bonded particle board are the restraining factors that hamper the market growth in the forecast period. The introduction of new technology is a key strategy of the cement bonded particle board market. The new technology including cement bonded particle boards with embossed and coated surfaces in various configurations like brickwork, wood grain or natural stone is expected to boom the demand for cement bonded particle boards across the globe in the future years ahead.
The cement bonded particle board market research report delivers an acutevaluationand taxonomy of the cement bonded particle board industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the cement bonded particle board industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the cement bonded particle board industry is provided for the leading economies of the world.
The cement bonded particle board market is segmented based on type and application. On the basis of type, the market has been segmented into less than 6 mm, 8 to 18 mm, 20 to 30 mm and more than 30 mm. The application has been bifurcated into the closet, ceiling, siding, interior and exterior wall, and storage rack, among others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 332.98 Million |
Projected Market Size in 2026 |
USD 454.66 Million |
CAGR Growth Rate |
4.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Cetris, CJSC Tamak, Kronospan, Panel World Co., Ltd., NCL Industries, Viva Board, and Qingdao Eoncred Int'l Co., and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the cement bonded particle board market, but not restricted to include
- Cetris
- CJSC Tamak
- Kronospan
- Panel World Co.Ltd.
- NCL Industries
- Viva Board
- Qingdao Eoncred Int'l Co.Ltd
The taxonomy of the Cement Bonded Particle Board industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- ≤6 mm
- 8 to 18 mm
- 20 to 30 mm
- ≥30 mm
By Application Segmentation Analysis
- Closet
- Ceiling
- Siding
- Interior and Exterior Wall
- Storage Rack
- Others
Global Cement Bonded Particle Board Market: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Cetris
- CJSC Tamak
- Kronospan
- Panel World Co.Ltd.
- NCL Industries
- Viva Board
- Qingdao Eoncred Int'l Co.Ltd
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