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Share this article Share this article ResearchAndMarkets.com s offering. The global medium-density fibreboard market reached a value of US$ 25.12 Billion in 2020. Looking forward, the publisher expects the global medium-density fibreboard market to exhibit moderate growth during the next five years. Medium-density fibreboard (MDF) is an engineered wood product composed of wood fibres that are mixed along with resin and wax and compressed into flat panels under heat and pressure. It is denser than plywood and does not expand or contract in humid or moist weather. It also offers superior quality and is usually available at a significantly lower price point when compared to other wood products. Owing to these advantages, MDF is widely utilized in a variety of residential and commercial projects, which include flooring, furniture, cabinetry, ceiling molding and industrial packaging.

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