Global Agrifiber Products Market Size, Status and Forecast 2021-2027

Demand for agrifiber products is growing as they possess commercially beneficial characteristics in comparison to wood fiber based products. As compared to wood fiber products, agrifiber products are relatively greater in strength, available at competitive prices, possess relatively high dimensional stability, are light in weight (up to 20 percent lighter) and do not pose any environmental issues. The most important characteristic is the contribution of LEED (Leadership in Energy and Environmental Design) credit in respective manufacturer or supplier profile. Hence, most of the manufacturers and suppliers prefer agrifiber products over wood based products. These commercially beneficial and environmental friendly characteristics of agrifiber products are expected to lead to the growth of global agrifiber products market in the coming years. In addition, these products are made from renewable resources and are recognized as user friendly and green building products. This factor may also fuel the global agrifiber products market in the coming future.
Numerous aspects have influenced the growth of the global agrifiber products market. Factors such as a burgeoning construction sector, growing concept of green buildings, increasing use of agrifiber in the residential sector, emergence of light weight panel boards, increasing agricultural waste and residue propelling the overall demand for agrifiber products, trend of recycling of agrifiber products, structural changes in the wood panel industry, rapid infrastructure modernization coupled with high demand for affordable furniture and increasing agricultural output are boosting the growth of the global agrifiber products market. Economic considerations while producing agrifiber products, high cost, lack of low tier manufacturing and less awareness are causing hindrances to the growth of the global market.

Market Analysis and Insights: Global Agrifiber Products Market
The global Agrifiber Products market size is projected to reach US$ 1158.7 million by 2026, from US$ 907.3 million in 2019, at a CAGR of 3.5% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Agrifiber Products market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Agrifiber Products market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Agrifiber Products market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Agrifiber Products market.

Global Agrifiber Products Scope and Market Size
Agrifiber Products market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Agrifiber Products market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Flooring
Wall Panel & Boards
Door Cores
Veneer
Others

Segment by Application
Industrial
Institutional
Residential
Commercial

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ASSA ABLOY
Masonite
Chappell Door Company
Agriboard International
TorZo Surfaces
Sind Particle Board Mills
Wanhua Ecoboard
Novofibre Panel Board (Yangling)
Lexington Manufacturing

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