Fiberboard Market to Reach 39.67 Million Cubic Meters by 2015, According to New Report by Global Industry Analysts

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Weighed down by economic downturn, spreading global financial crises, and flagging residential and commercial construction activities, market for fiberboard in US and Europe is projected to reach 39.67 million cubic meters by 2015. Reduced consumer purchasing power will continue to place downward pressure on price in the short term. Medium to long-term growth will be supported by resurgence in end-user sectors, and product innovations.

Fiberboard: A North American & European Market Report

Fiberboard, an eco-friendly building material, is becoming increasingly popular in the interior design space. Consumption of fiberboard has historically increased in correlation to the growth in GDP, health of the economy, and demand put forth by the construction and furniture industries. The fact that fiberboard can be manufactured from wood residues and waste wood is yet another factor that drives up application possibilities of fiberboard. The hopefully transient setback in the fiberboard market due to the slump in the construction sector is expected to be soon tided over with demand in industrial applications making the first come back.

In future, a shift in product mix toward more expensive specialty panels will definitely work in compensating for the losses that followed the downturn in the construction sector. New product innovations in the form of ultra light MDF, larger sized boards and shift from traditional fiberboard shapes such as squares and rectangles and to complex shapes with curved edges, inner circles and ellipses for office furniture will yield improved margins for manufacturers in a challenging market environment. Powder coated Fiberboard is considered an attractive option by makers of institutional furniture, store fittings, displays and kitchen cabinets.

Market for Fiberboard in North America is expected to grow steadily between the years 2009 to 2015, as stated by the recent report published by Global Industry Analysts, Inc. Though Medium Density Fiberboard market will continue to hold its leading position in US Fiberboard market, demand for these products will continue to advance more slowly than most other types due to the ongoing recessionary climate. In Europe, the emergence of Russia, and Eastern European countries as major producers and consumers of fiberboard will offer excellent opportunities for growth.

The market scenario in the fiberboard industry is also shaped by trends in raw material supply and prices. As the key raw material used for fiberboard is as prized a natural resource as wood, held dear by environmentalists/ conservationists and governments alike, the developments in the fiberboard industry are influenced and even determined to a large extent by availability of raw materials, and environmental regulations.

Key players dominating the North American and European Fiberboard market include Agro Mats Co Ltd, Alfa Wood SA, ATC Panels Inc, AS Repo Vabrikud, Deltic Timber Corporation, Del-Tin Fiber L.L.C, Dongwha Fibreboard Sdn Bhd, Evergreen Fibreboard Berhad, Homanit GmbH & Co Kg, Huebert Fiberboard Inc, International Bildrite Inc, Isoroy Casteljaloux SAS, Knight-Celotex, Niagara Fiberboard Inc, Sierrapine Limited, and Sonae Novobord Ltd, among others.

The report titled "Fiberboard: A North American & European Market Report" published by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, key market trends and drivers, product overview, product introductions/innovations, player profiles and recent industry activity. The report analyzes market data and provides analytics in volume consumption for regions such as the United States, Canada, and Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe). The study also analyzes the Fiberboard market by the following product segments - Hardboard, Medium Density Fiberboard and Insulation Board.

For more details about this research report, please visit
http://www.strategyr.com/Fiberboard_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com

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