The European Oriented Strand Board (OSB) market has experienced significant growth in recent years, driven by its advantageous properties such as cost-effectiveness, high strength, and durability. These characteristics have made OSB a preferred material in various applications, including construction, furniture, and packaging.
In 2024, the European OSB market was valued at approximately USD 7.35 billion, accounting for over 30% of the global market share. Projections indicate a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031, with expectations to reach USD 12.73 billion by 2031.
Country-specific forecasts highlight Germany as a significant contributor, with an OSB market size of USD 1.46 billion in 2024 and an anticipated CAGR of 7.7% during the forecast period. Italy`s market is projected to grow at a CAGR of 6.9%, reaching USD 632.58 million in 2024. Spain is expected to see a CAGR of 6.6%, with a market size of USD 603.16 million in 2024.

Within the European Union, Germany, Romania, and Luxembourg are leading OSB producers, collectively accounting for 44% of total production. Other notable producers include the Czech Republic, Poland, Ireland, Latvia, Belgium, and Hungary, which together contribute an additional 47% to the production landscape. As of 2024, the price of OSB in China was reported at USD 648 per metric ton. While specific European pricing data is limited, global market trends suggest that OSB prices are influenced by factors such as raw material availability, production costs, and demand fluctuations.

The European OSB market is poised for continued expansion, driven by increasing demand in the construction and furniture sectors. The material`s favorable properties, coupled with advancements in production technologies, are expected to further bolster its adoption across various industries.
For comprehensive insights and updates on the OSB market and other developments in the wood industry, professionals are encouraged to visit WoodBusinessPortal.com, a valuable resource dedicated to industry stakeholders.

Sources:
1. cognitivemarketresearch.com
2. indexbox.io
3. imarcgroup.com