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Plywood Market: Worldwide Industry Analysis and New Market Opportunities Explored

12-05-2018 03:25 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Plywood Market: Worldwide Industry Analysis and New Market

Plywood is a wood panel prepared from thin sheets of wood veneer. Plywood is one of the most widely used wood products. It is inexpensive, flexible, re-usable and workable. Plywood is used as a substitute for plain wood due to its resistance to cracking, splitting, shrinkage and twisting. Plywood generally offers higher degree of strength than plain wood. On the basis of applications plywood is classified as softwood plywood, hardwood plywood, tropical plywood and decorative plywood among others.

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The market for plywood was mainly driven by increasing demand from housing market. The demand has increased owing to growing significance of plywood in the buildings & construction industry and its advantages over conventional metal, wood, and plastic. In addition, plywood is also used in marine applications for building decks. Structural panel market is likely to be the major opportunity for the plywood market. The major restraint for the market would be higher cost of plywood as compared to OSB (Oriented Starboard) which offers similar features to that of plywood. .

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In terms of demand, North America was the leading region for plywood market. The demand has been substantial from housing market. North America was followed by Europe, where the demand is huge from housing and construction market. The demand for plywood is mainly from the U.K. and Germany. Asia Pacific is expected to be the fastest growing market for plywood. The demand is this region is driven by Japan, India and China owing to construction activities in this region. The Rest of the World is expected to exhibit lower demand for plywood in upcoming years owing to higher prices compared to OSB.



Some of the key manufacturers in the plywood market are Ainsworth Lumber Co. Ltd., Boise Cascade LLC, Atlantic Plywood Corporation, Eksons Corp. Bhd, Century Plyboard (India) Ltd., Greenply Industries Ltd., Georgia-Pacific Corporation, Uniply Industries Ltd. and Weyerhaeuser Company among others.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World


This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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