In 2023, the Oriented Strand Board (OSB) production in the US stood at a baseline level before starting its projected decline. From 2024 to 2028, the forecast depicts a gradual decrease in production, with year-on-year decreases averaging around 1% annually. By 2028, production is expected to reach 12.731 million cubic meters, marking a cumulative decline over the five years.
Future trends to watch include:
- Impacts of environmental regulations on production practices.
- Shifts in demand due to changes in construction and housing market dynamics.
- Technological advancements in the manufacturing process that could affect efficiency and costs.