Press release
Wood Processing Market Forecast Analysis By 2030| Key Companies- Weyerhaeuser, West Fraser Timber, Canfor, Interfor Others
The Business Research Company offers "Wood Processing Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global wood processing market is expected to decline from $143.9 billion in 2019 to $140.3 billion in 2020 at a compound annual growth rate (CAGR) of -2.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $167.9 billion in 2023.
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The wood processing market consists of sales of processed wood by entities (organizations, sole traders and partnerships) that saw dimension lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from logs or bolts. This industry also includes establishments that treat planed, sawed and shaped wood with creosote or other preservatives such as alkaline copper quat, copper azole, and sodium borates, to prevent decay and to protect against fire and insects.
Robots are replacing traditional hand sanding and wood finishing tools. Robot based wood automation tool providers have launched robots that carry out wood sanding, polishing and finishing precisely and quickly. They are developing technologies for assembling a wooden window frame to routing designs in wood panels for a wide range of materials and surfaces. For instance, ABB’s robot automation solutions were implemented in leading companies such as IKEA, VELUX and Svedplan.
Wood Processing Market Segmentation:
By Type
1.Sawmills
2.Wood Preservation
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/wood-processing-global-market-report-2020-30-covid-19-impact-and-recovery
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Wood Processing Market Characteristics
4. Wood Processing Market Product Analysis
5. Wood Processing Market Supply Chain
....
20. Key Mergers And Acquisitions In The Wood Processing Market
21. Market Background: Wood Products Manufacturing Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the Wood Processing Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Wood Processing Market are Weyerhaeuser Company, West Fraser Timber Co Ltd, Canfor Corporation, Svenska Cellulosa Aktiebolaget, Interfor Corporation
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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