Oriented Strand Board (OSB) is a widely used, versatile structural wood panel. OSB makes efficient use of forest resources, by employing less valuable, fast-growing species. OSB is made from abundant, small diameter poplar and aspen trees to produce an economical structural panel. The manufacturing process can make use of crooked, knotty and deformed trees which would not otherwise have commercial value, thereby maximizing forest utilization.

OSB has the ability to provide structural performance advantages, an important component of the building envelope and cost savings. OSB is a dimensionally stable wood-based panel that has the ability to resist delamination and warping. OSB can also resist racking and shape distortion when subjected to wind and seismic loadings. OSB panels are light in weight and easy to handle and install.

Tongue-and-grooved OSB panels are primarily used in dry service conditions as floor sheathing.  OSB has many interleaved layers which provide the panel with good nail and screw holding properties. Fasteners can be driven as close as 6 mm (1/4 in) from the panel edge without risk of splitting or breaking out.

OSB is a structural mat-formed panel product that is made from thin strands of aspen or poplar, sliced from small diameter roundwood logs or blocks, and bonded together with a waterproof phenolic adhesive that is cured under heat and pressure. OSB is also manufactured using the southern yellow pine species in the United States. Other species, such as birch, maple or sweetgum can also be used in limited quantities during manufacture.

OSB is manufactured with the surface layer strands aligned in the long panel direction, while the inner layers have random or cross alignment. Similar to plywood, OSB is stronger along the long axis compared to the narrow axis. This random or cross orientation of the strands and wafers results in a structural engineered wood panel with consistent stiffness and strength properties, as well as dimensional stability. It is also possible to produce directionally-specific strength properties by adjusting the orientation of strand or wafer layers. The wafers or strands used in the manufacture of OSB are generally up to 150 mm (6 in) long in the grain direction, 25 mm (1 in) wide and less than 1 mm (1/32″) in thickness.