The forecast for Oriented Strand Board (OSB) production in China shows a steady growth from 6.18 million cubic meters in 2024 to 8.01 million cubic meters in 2028. In 2023, the production was recorded at approximately 5.75 million cubic meters. This indicates a consistent year-on-year increase with notable variations: 7.50% in 2024, 7.48% in 2025, 6.90% in 2026, and 6.39% in 2027. The compound annual growth rate (CAGR) from 2023 to 2028 is projected to be around 7.10%.
Future trends to watch for include technological advancements in production processes, increasing domestic construction demands, and environmental regulations that might impact the availability of raw materials, influencing production rates and cost structures.
