August 30, 2023 06:48 ET | Source: Research and Markets Research and Markets
Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The "Medium Density Fiberboard (MDF) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com's offering. Mdf Fiberboard
The global medium-density fiberboard (MDF) market is poised for impressive expansion, with estimates projecting a surge beyond 110 million cubic meters by the close of this year. The market is anticipated to sustain a Compound Annual Growth Rate (CAGR) surpassing 3.5% over the forecast period, reflecting a robust trajectory of growth.
Prominent players in the global medium-density fiberboard (MDF) market include:
The medium-density fiberboard (MDF) market is on an upward trajectory, driven by factors such as increased demand in the furniture industry, residential construction activities, and the versatility of MDF in various applications. Despite challenges posed by regulations, the market is poised to capitalize on emerging opportunities, including specialty MDF production and decorative applications. The Asia-Pacific region, with its booming construction and furniture sectors, is expected to be a key driver of market growth.
For more information about this report visit https://www.researchandmarkets.com/r/v7cy5p
Mdf And Particle Board About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.