Press release
Global Wood based panel Market 2017-2025: By Product, Application and Regional Growth
Global Wood based panel Market valued approximately USD 91.05 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2017-2025. Minimal effort of the item combined with prevalent properties, for example, high quality and solidness are bringing about its appeal from the development segment for divider cladding, roof, material, and ground surface applications.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Plywood
MDF
Particleboard
Softboard
Hardboard
By Application:
Furniture
Construction
Packaging
Regions:
North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market:
ante-group, ARAUCO, Canfor, Georgia-pacific, Idaho forest group LLC., Interfor corporation, KLAUSNER-GROUP, kronospan limited, Weyerhaeuser, sodra, Stora enso, timber products company, Tolko industries Ltd., Hampton affiliates. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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