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Stock impact report

Medium Density Fiberboard Market to Grow at CAGR of 8.46% through 2033; Increasing Demand for MDF-based Laminate Flooring to Propel Growth [Yahoo! Finance]

West Fraser Timber Co. Ltd Common stock (WFG) 
Company Research Source: Yahoo! Finance
Some of the key reasons driving the market are the expanding popularity of laminate flooring in residential settings, the growing number of construction activities, and the growing need for reasonably priced and customisable furniture solutions that offer a stylish furnishing look. Newark, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 51.84 Billion in 2023 medium density fiberboard market will reach USD 116.77 Billion by 2033. Medium density fiberboard is known as MDF panels or MDF items in the commercial sector. The market is expanding because of the rising product consumption in the building, interior decoration, and furniture industries. The availability of several panel variants tailored to individual applications and affordable product costs are two factors that will likely compel manufacturers to select these products for use in furniture and construction applications. Owing to its exceptional qualities—including its extreme strength, resilience, Show less Read more
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