Oriented Strand Board is a widely used, versatile structural wood panel. Manufactured from waterproof heat-cured adhesives and rectangularly shaped wood strands that are arranged in cross-oriented layers, OSB is an engineered wood panel that shares many of the strength and performance characteristics of plywood. OSB’s combination of wood and adhesives creates a strong, dimensionally stable panel that resists deflection, delamination, and warping; likewise, panels resist racking and shape distortion when subjected to demanding wind and seismic conditions. Relative to their strength, OSB panels are light in weight and easy to handle and install.
The global Oriented Strand Board (OSB) size is estimated to be USD 18390million in 2026 from USD 12980 million in 2020. The global Oriented Strand Board (OSB) market size is expected to grow at a CAGR of 9.1% for 2021 to 2026.
Oriented strand board (OSB) has four grades, which include OSB 1, OSB 2, OSB 3 and OSB 4. And each type has different application people and places relatively. With advantages of oriented strand board (OSB), the downstream application industries will need more oriented strand board (OSB) products. So, oriented strand board (OSB) has a huge market potential in the future.
The major raw materials for oriented strand board (OSB) are wood, urea formaldehyde adhesives, methylene diphenyl di-isocyanate (MDI), and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of oriented strand board (OSB). The production cost of oriented strand board (OSB) is also an important factor which could impact the price of oriented strand board (OSB).
It is increasingly being used in I-joists, floor trusses, structural core panels, and stresses skin panels owing to technological innovations in the industry. This, in turn, will drive its growth in the years to come. The wood used in product manufacturing is generally derived from fast-growing trees, which can be replanted quickly, consequently resulting in a reduced rate of deforestation. In addition, OSB panels are exempted from formaldehyde regulations, which is expected to drive its demand as a green building material.
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