Medium Density Fiberboard Market Size, Share, Growth, Trends, and Forecast 2030

The global medium-density fiberboard market was estimated to be worth USD 53.61 billion in 2022 and is expected to grow to USD 89.53 billion by the end of 2030, according to a report released by Zion Market Research. Over the course of the projection period, the market is anticipated to rise at a CAGR of 6.62%. The study examines the factors that will propel growth, provide barriers to it, and affect demand for medium-density fiberboard globally throughout the course of the forecast period. Additionally, it will aid in navigating and investigating the prospects that present themselves in the medium-density fiberboard market.

Global Medium Density Fiberboard Market: Overview

The leftover softwood and hardwood are broken down into wood fibers to create medium density fiberboard, or MDF. The majority of this is done in a defibrator. After that, the wood fibers are mixed with wax, resin binder, and high pressure and temperature to produce panels. Plywood lacks density compared to medium-density fiberboard. MDF is becoming more and more in demand on the international market as a result of its growing usage in building.