Benefit from import substitution and wood-based panel penetration. OSB has a huge replacement space in the wood-based panel market. In 2014, the total output of China's wood-based panel was 302 million m3, but the output of plywood, fibreboard and particleboard accounted for 86%; in 2014, North America's OSB accounted for 50% of the wood-based panel market, and showed a continuous upward trend.
China's OSB industry has experienced preliminary exploration and trade introduction. At present, it has entered the stage of independent production and import substitution, and the industry has entered a rapid growth period. Kangxin new material's 275000 m33cosb (high-density directional structural board) production line is the largest single line production capacity in Asia, with a significant leading position in the industry, fully benefiting from the import substitution and the increase in the penetration rate of artificial board field.
