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Stock impact report

North American Oriented Strand Board (OSB) Market Analysis 2023-2029: Rapid Urbanization, Infrastructure Developments, and Rising New Residential Construction Fueling Growth [Yahoo! Financ...

West Fraser Timber Co. Ltd Common stock (WFG) 
Company Research Source: Yahoo! Finance
Application, By Grade, By End-User, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029" report has been added to ResearchAndMarkets.com's offering. The North American OSB market was valued at US$13.88 billion in 2023. The market value is expected to reach US$19.92 billion by 2029. OSB producers can grow revenue by increasing shipment volumes. In North America, West Fraser has seen the largest increase in shipments, due to a combination of higher utilization rates, Norbord's 2015 acquisition of Ainsworth Lumber Co. Ltd. and its four mills in Canada, and West Fraser's subsequent acquisition of Norbord in early 2021. On the other hand, Georgia-Pacific is expected to increase capacity at its Clarendon, South Carolina facility (+150 mmsf) in 2023 with the addition of a third strander. The top five players in the market held almost 80% of the share. Looking ahead, the North American OSB market is projected to continue its upward trajectory, driven by factors suc Show less Read more
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