The global oriented strand board (OSB) market size reached 35.0 Million Cubic Meters in 2023. Looking forward, IMARC Group expects the market to reach 48.9 Million Cubic Meters by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032. Oriented strand board (OSB) refers to a type of stiff, structural, strong, and versatile engineered wood-based panel product. It is manufactured using waterproof heat-cured adhesives and rectangularly shaped wood strands that are arranged in cross-oriented layers. It is widely used for floor underlayment, wall sheathing, roof cover, staircase, trailer liners, subflooring and recreational vehicles. OSB is manufactured in various grades with improved moisture resistance, versatility, toughness, cost-effectiveness, and good dimensional stability. It also resists shape distortion, racking, deflection and delamination due to which it is widely used in flooring, construction, furniture and packaging applications.
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