The Global Eucalyptus Board Market was valued at USD 21.8 Billion in 2024 and is projected to reach USD 30.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024–2030). This robust growth is fueled by accelerating construction activities, rising demand for sustainable building materials, and the expanding furniture manufacturing sector, particularly in the Asia-Pacific region.

As the global construction and wood-based panels industry pivots towards environmentally responsible and high-performance materials, eucalyptus boards are emerging as a superior alternative to traditional wood products. In this blog, we profile the Top 10 Companies in the Eucalyptus Board Industry—a dynamic mix of established timber giants and innovative manufacturers shaping the future of sustainable building and design.

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🔟 1. Guangdong Kaiping Guanhong Timber Company

Headquarters: Kaiping, Guangdong, China
Key Offering: Eucalyptus Plywood, Multi-layer Eucalyptus Board, Furniture-grade Panels

Guangdong Kaiping Guanhong Timber Company is a leading manufacturer of eucalyptus-based wood panels, renowned for its advanced processing technologies and high-quality product range. The company serves a global clientele in the furniture, construction, and interior design sectors.

Sustainability Initiatives:

• Investment in certified sustainable eucalyptus plantations

• Advanced adhesive technologies for low-formaldehyde emissions

• Commitment to circular economy practices in manufacturing

Download FREE Sample Report: Eucalyptus Board Market – View in Detailed Research Report

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9️⃣ 2. Sichuan Yibin Maoyuan

Headquarters: Yibin, Sichuan, China
Key Offering: Eucalyptus Core Boards, Laminated Eucalyptus Panels, Custom Sizes

Sichuan Yibin Maoyuan specializes in eucalyptus core panels that are widely used in furniture carcasses and architectural applications. The company has established a strong supply chain network across Southwest China, leveraging regional eucalyptus resources.

Sustainability Initiatives:

• Implementation of water recycling systems in production

• Partnerships with local forestry programs for sustainable sourcing

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8️⃣ 3. Jitong Formwork

Headquarters: Linyi, Shandong, China
Key Offering: Eucalyptus Formwork, Concrete Shuttering Panels, Reusable Construction Boards

Jitong Formwork is a key player in the construction sector, producing durable eucalyptus formwork panels known for their high strength-to-weight ratio and moisture resistance. Their products are essential for modern concrete construction projects worldwide.

Sustainability Initiatives:

• Development of long-lifecycle, reusable formwork systems

• Efficiency improvements reducing material waste by over 15%

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7️⃣ 4. Qianshan Plywood

Headquarters: Anqing, Anhui, China
Key Offering: Eucalyptus Plywood, Film-Faced Shuttering, Decorative Overlays

Qianshan Plywood manufactures a comprehensive range of eucalyptus plywood products, with particular expertise in film-faced shuttering for construction. The company exports to over 30 countries, with a strong presence in Middle Eastern and Southeast Asian markets.

Sustainability Initiatives:

• Certification under international forestry management standards

• R&D into bio-based adhesives and coatings

Download FREE Sample Report: Eucalyptus Board Market – View in Detailed Research Report

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6️⃣ 5. Lianjiang Hongxin

Headquarters: Zhanjiang, Guangdong, China
Key Offering: Eucalyptus Veneer, LVL (Laminated Veneer Lumber), Structural Panels

Lianjiang Hongxin focuses on value-added eucalyptus products, including veneers and engineered wood solutions. Located in a major eucalyptus-growing region, the company benefits from direct access to high-quality raw materials.

Sustainability Initiatives:

• Vertical integration with sustainable forestry operations

• Energy-efficient drying and processing technologies

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5️⃣ 6. Smart Wood Boards

Headquarters: São Paulo, Brazil
Key Offering: Certified Eucalyptus Boards, FSC®-certified Products, Export-grade Panels

Smart Wood Boards is a prominent South American manufacturer leveraging Brazil’s extensive eucalyptus plantations. The company emphasizes certified sustainable production and has developed specialized boards for high-value export markets in North America and Europe.

Sustainability Initiatives:

• Full-chain FSC® certification from forest to finished product

• Carbon footprint reduction programs across operations

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4️⃣ 7. Bagus Timber

Headquarters: Jakarta, Indonesia
Key Offering: Tropical Eucalyptus Panels, Moisture-resistant Boards, Interior Applications

Bagus Timber capitalizes on Indonesia’s tropical climate to produce eucalyptus boards with unique properties suited for high-humidity environments. The company serves both domestic construction markets and international furniture manufacturers.

Sustainability Initiatives:

• Participation in national reforestation initiatives

• Development of agroforestry models with local communities

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3️⃣ 8. Lianjiang Minghui

Headquarters: Maoming, Guangdong, China
Key Offering: Eucalyptus Blockboard, Furniture Components, Custom-milled Profiles

Lianjiang Minghui specializes in precision-engineered eucalyptus boards for furniture manufacturing, offering customized solutions for major furniture brands. Their technical expertise in wood processing ensures consistent quality and performance.

Sustainability Initiatives:

• Waste wood utilization for energy generation

• Advanced dust collection and air quality management systems

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2️⃣ 9. Viet Nam Forestry Corporation (Vinafor)

Headquarters: Hanoi, Vietnam
Key Offering: Plantation Eucalyptus Boards, Export-oriented Products, Standard & Custom Sizes

Vinafor is a state-owned enterprise managing significant eucalyptus plantations and processing facilities across Vietnam. The company plays a crucial role in the country’s wood export economy, supplying consistent-quality eucalyptus boards to global markets.

Sustainability Initiatives:

• Large-scale plantation management following sustainable practices

• Community development programs in forestry regions

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1️⃣ 10. Arauco

Headquarters: Santiago, Chile
Key Offering: High-density Eucalyptus Panels, Engineered Wood Products, Global Distribution

Arauco is a global forest products leader with extensive eucalyptus plantations in South America. The company produces premium eucalyptus boards and panels for demanding architectural and industrial applications, supported by strong R&D capabilities.

Sustainability Initiatives:

• Pioneer in certified sustainable forestry in Latin America

• Comprehensive environmental management systems

• Significant investments in biomass energy and waste reduction

Get Full Report Here: Eucalyptus Board Market – View in Detailed Research Report

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🌍 Outlook: The Future of Eucalyptus Board Is Sustainable and High-Performance

The eucalyptus board market is undergoing a significant transformation. While traditional wood panels still dominate certain segments, the industry is increasingly embracing eucalyptus-based solutions for their superior sustainability credentials, faster growth cycles, and excellent mechanical properties.

📈 Key Trends Shaping the Market:

• Rapid expansion of certified eucalyptus plantations in South America and Asia

• Increasing regulatory support for sustainable building materials in construction

• Technological advancements in panel engineering and surface treatments

• Growing furniture industry preference for consistent, high-quality substrate materials

Get Full Report Here: Eucalyptus Board Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global construction and manufacturing—they’re driving the sustainable transformation of the wood-based panels industry.