Procurement Resource

  In the Asia Pacific region, the Med Density Fiberboard (MDF) market experienced an unexpected uptick due to several international players entering the market and strong domestic interest in automation. The growth was further propelled by the booming furniture and sports equipment industries. The COVID-19 pandemic led to increased MDF demand, driven by a surge in buyer interest. However, the first quarter saw challenges with declining exports to the US and Europe, along with limited domestic demand. Additionally, the slowdown in the real estate sector impacted on the plywood market, affecting the MDF price trend throughout the first and second quarters. Request for Real-Time Med Density Fiberboard  Prices: https://www.procurementresource.com/resource-center/mdf-med-density-fiberboard-price-trends/pricerequest Definition Med Density Fiberboard (MDF) is an engineered wood product made by breaking down wood fibers, combining them with wax and resin, and compressing them into de...