What are the advantages and disadvantages of using chipboard?

Chipboard, or particle board, offers several advantages, including affordability, ease of machining, and a uniform surface that is ideal for veneering or laminating. However, its disadvantages include lower durability and strength compared to solid wood or plywood, making it more susceptible to damage from moisture and heavy loads. Additionally, chipboard can emit formaldehyde, raising concerns about indoor air quality. Overall, it is best suited for low-cost furniture and interior applications.