Oriented Strand Board (OSB) Market 2023 Size, [Newest PR] Forecast 2029 With 111+ Pages (2023)

FAQs

What is the price forecast for OSB? ›

The average price target is 769.33p with a high forecast of 800.00p and a low forecast of 750.00p. The average price target represents a 62.96% change from the last price of 472.10p.

10. Q:what does 1 piece weigh at 23/32"? A: Georgia-Pacific's 23/32" OSB weighs an average of 75 pounds per board.

USA is the largest market of Oriented Strand Board (OSB), holding a share about 64%. As for the application of products, it is widely used in construction, industrial packaging, interior furnishing and others.

Thicknesses are available from 6 mm (1/4 in) to 28.5 mm (1-1/8 in). Panels may be sanded on one or both faces on special order.

2. Lumber demand will drop again. U.S. lumber consumption will fall somewhere between 4% and 5% in 2023, Jalbert predicts.

Simonson's lumber experts say they're anticipating lower overall numbers compared to mid-pandemic prices, but do not foresee 2023 prices dipping lower than what we are seeing at the end of 2022.

Osb is stronger than plywood in shear. Shear values, through its thickness, are about 2 times greater than plywood. This is one of the reasons osb is used for webs of wooden I-joists.

Common thicknesses for flooring panels are: 19/32 inch (15.1 mm), 5/8 inch (15.9 mm), 23/32 inch (18.2 mm), 3/4 inch (19.0 mm), 7/8 inch (22.2 mm), 1 inch (25.4 mm), and 1-1/8 inches (28.6 mm). OSB is also widely used in industrial applications.

“Norbord is the largest global OSB producer with a well-earned reputation for cost and margin performance, and for expanding the use of OSB in new applications and industries.

What is better than OSB? ›

Plywood's Advantage over OSB? That, in a nutshell, is the one big advantage plywood holds over OSB. The greater ability a wall has to dry, the more durable it will be, and everyone agrees that more moisture will pass through plywood.

According to UNECE stats, Romania was the number one OSB producer with an output of 1,369,000m3 in 2019, with Germany second at 1,163,000m3, representing the second year of decline for the latter.

Oriented Strand Board (OSB)

These strand layers are oriented at right angles to one another before being glued and formed into panels. Oriented strand board for roof decks should be a minimum of 12.7 mm (1/2 in) thick.

The minimum thickness of plywood for subflooring is about 5/8 inch. Since it does not hold fasteners as well as plywood, OSB must be a little thicker, or at least 23/32 inch.

Minimum: 7/16” thickness. (Exception: 3/8” for gable end walls structural sheathing.)

In February 2023, most pundits believe the construction materials cost will continue to fluctuate. The consensus is that the cost of most materials will not return to pre-pandemic levels this year, though they should come down or at least not increase as dramatically as they have been.

Paul Jannke of Forest Economic Advisors LLC said his firm forecasts that lumber consumption will decline by as much as 2.5% this year and up to 4.5% in 2023 as home construction stalls and remodeling demand reverts to normal following the pandemic renovation boom.

Despite the recent slight increase, pricing is still down -34% YOY. Stuart Katz, CIO at wealth management firm Robertson Stephens, said the price of lumber could reach its pre-pandemic level by mid-2022.

Future price of the commodity is predicted at $1050.8987718016 (197.032% ) after a year according to our prediction system. This means that if you invested 100$ now, your current investment may be worth $297.032 on 2024 April 28, Sunday.

It's unlikely, during a recession, that DIYers will demand enough lumber to stabilize prices. Especially since home improvement projects will likely take a backseat to the rising costs of food, gas, and other consumer products. The timing could not be worse for North American lumber mills.

What time of year is lumber cheapest? ›

If you monitor lumber prices in general, you know they typically start falling around Labor day and reach their yearly low around Thanksgiving. This could present a good buying opportunity for individual buyers, companies and investors.

Prone to swelling edges and telegraphing.

“The major disadvantage of OSB is that if it gets exposed to significant amounts of water or moisture, the edges expand by up to 15% ... especially if they are cut edges. This swell will then telegraph onto the shingles or some flooring," according to PATH.

Painted OSB can last for years outdoors though it's tough to put a time limit on the material.

Barricade Thermo-Brace^® provides greater strength, superior moisture management, is non-toxic, and saves time and money compared to oriented strand board (OSB) and fiberboard structural sheathings.

Oriented Strand Board

OSB can be used for subfloors, although it is not as common as CDX. For 19/32-inch-thick panels, the joists should be 20 inches on center. For 23/32-inch-thick panels, the joists should be at least 24 inches on center.

Sheathing must be a minimum of 19/32-inch thick. Never affix roof sheathing with staples; 8d ring-shank nails need to be used instead. The normal thickness range for sheathing is 3/8 to 3/4 inch.

OSB is strong and water-resistant.

This type of construction makes OSB is an incredibly strong material. In many instances, it is rated for load bearing applications (depending on the OSB grade). This type of board is an excellent material for use in waterproofing systems, be they roof, sub-floor or wall.

Both plywood and OSB are effective choices for your subfloor needs, but OSB may be a better option for a garage than plywood. Plywood is a better option for projects that require a lot of cutting and molding, while OSB is a good option for those who need to cover areas where moisture exposure may be an issue.

OSB is more water-resistant than plywood. So, OSB can be used for both indoor and outdoor projects.

Increasing OSB prices are due to demand over supply, increasing construction starts, and several natural disasters. As contractors, architects, and building owners struggle to offset the high OSB prices, an excellent alternative sheathing product to consider is Barricade Thermo-Brace.

Is there an OSB shortage? ›

OSB, despite supposed resin shortages and overall lack of supply, has also finally given way to a major correction. Although there is still a concern for the availability of underlayment, OSB supply continues to improve and costs are continuing to fall.

West Fraser manufactures Oriented Strand Board (OSB) for use in roofs, walls, and floor application.

Fiberboard also makes a great OSB alternative because it is easily accessible and comes at a relatively low cost.

Most contractors install OSB wall sheathing horizontally, presuming the same factors are in play as for roofs and floors. However, after much digging, it turns out that there are no requirements to do so. That said, OSB has greater strength on its long axis, and best practice says to install it horizontally.

The smooth side has a better moisture resistance and will ultimately provide better performance against weather. Facing the board smooth side out will maximize its ability to keep moisture out of the structure.

Safe Seal is best for insulation, OSB, plywood, sub floors, particle board etc... If you're looking to finish with paint, we would recommend just priming and painting. AFM Safecoat primers and paints also work like the Safe Seal does in that it is a non toxic sealer that seals against chemical off gassing.

OSB Industry Overview

As the map figure shows, there are more than 50 OSB plants in North America, but all are more than 1,200 miles away from the large California OSB market.

Premium OSB products manufactured at the Corrigan facility and/or Martco L.L.C. in Oakdale, Louisiana, include: Eclipse™ OSB Radiant Barrier. TuffStrand®XL extended-length panels.

Half- or three-fourths-inch Plywood for Roof Sheathing?: Traditionally, half-inch CDX plywood was the common choice with 24-inch rafter spacing. However, heavier roof loads may require the use of three-fourths-inch CDX plywood for roof sheathing.

What is the best roof sheathing? ›

OSB (oriented strand board) is the most popular choice for sheathing today. It's made of wood chips and strips that are compressed together to form a flat 7/16” sheet. Plywood has several different thicknesses (⅜”, ½”, ⅝”, and ¾”) depending on the span of your rafters.

APA recommends a 1/8-inch space between panel edge and end joints. Plywood and oriented strand board (OSB), like all wood products, will expand or shrink slightly with changes in moisture content. If the wood structural panels are tightly butted, there is no room for expansion and buckling can occur.

OSB roof panels should always be installed with the grade stamp facing into the attic and the screened surface (with the nail guide lines) facing up. When the grade stamp is covered by roofing, the building inspector will not be able to confirm that the correct OSB roofing panel was used.

For OSB, we recommend that you use a solvent-based varnish. You can choose between high-gloss, matt and silky matt versions. Even special varnish for OSB boards is available. It's important to apply it as thinly as possible.

Thicknesses are available from 6 mm (1/4 in) to 28.5 mm (1-1/8 in).

LP OSB SHEATHING PANELS ARE NOT FOR UNPROTECTED EXTERIOR USE. They must be covered with siding panels or other type of exterior wall cladding or roofing material. Normal exposure to weather during ordinary construction delays will not damage the panels.

Osb is stronger than plywood in shear. Shear values, through its thickness, are about 2 times greater than plywood. This is one of the reasons osb is used for webs of wooden I-joists.

Lumber prices may be coming down, but other essential homebuilding materials, such as drywall, concrete and metal remain at higher prices. Only time will tell when other building materials will start winding down in price. Copyright 2023 WECT.

Your framing lumber and the oriented strand board (OSB) are going to be fine. The glues used to make OSB are water-resistant because the manufacturers know that virtually no one can build a home that won't get wet before the roof and siding is applied.

In the most extreme case, the share of builders reporting a shortage of OSB skyrocketed by 83 points, from 9 to 92 percent. The shortage percentages for plywood, framing lumber and copper wiring also jumped by 70 points or more. The one item listed in 2021 but not in 2020 was appliances.

How are lumber prices trending? ›

2021: The increased demand and low supply raises the price of lumber. Supply chain issues and labor shortages exacerbate the price surge, with costs skyrocketing more than 200% above pre-pandemic levels. 2022: Steep interest rate increases cool the housing market.

Construction projects pushed through a period of rising mortgage rates. Lumber prices climbed Thursday to trade above $400 per thousand board feet Thursday.