MDF, short for Medium Density Fiberboard, has a thickness of 450-880kg/cubic meter and gets primarily applied in such industries as furniture, building & decoration, wood flooring, packaging, and electronic processing, of which the furniture is the biggest consumer of medium density fiberboard in China, a 65% share in total consumption.
Application of Medium Density Fiberboard Source: ResearchInChina
With rapid development of real estate sector in recent five years, China’s furniture and flooring manufacturing both have increased at double-digit growth rate, leaving vast space for high-speed development of MDF in China. During 2005-2009, the output and sales of MDF in China reached 26% and 17% respectively. As of 2009, MDF output and sales got to 41.52 million cubic meters and 38.48 million cubic meters separately, up 16.7% and 8.7% yr-on-yr.
China’s MDF Output and Sales Growth, 2006-2009 Source: ResearchInChina
However, the sales growth of MDF has lagged far behind its output in China, and it is required export to balance excess production capacity. The year of 2009 witnessed weak domestic demand and sharp drop in export caused by global economic downturn, and Chinese MDF companies suffered severe loss. Thus, efforts should be made in China’s MDF industry to control backward production capacity strictly and to speed up the optimization and upgrading of industry structure in the future.
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