Press release
Manufactured Wood Materials Market Analysis with Research Report 2020 to 2030 | Celulosa Arauco y Constitucion, Norbord Inc, RLC Industries Co
The global manufactured wood materials market is expected to decline from $264.7 billion in 2019 to $257 billion in 2020 at a compound annual growth rate (CAGR) of -3%. 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 8% from 2021 and reach $315.8 billion in 2023.
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Key Players:
Georgia-Pacific Corporation; Weyerhaeuser Company; Celulosa Arauco y Constitucion; Norbord Inc; RLC Industries Co, request sample for a complete list of companies.
The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.
The produced wood materials market consists of sales of produced wood materials by entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood members, and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets, and boards. The Asia Pacific was the largest region in the global manufactured wood materials market, accounting for 50% of the market in 2019. North America was the second largest region accounting for 23% of the global manufactured wood materials market. Africa was the smallest region in the global manufactured wood materials market.
Manufacturing in wood industries is getting faster and leaner with the adoption of sensors and wireless technologies. Sensors are generating insights for improving process efficiencies and reduce potential breakdowns. Wireless technology is aiding the implementation of sensor technology in manufacturing units. For instance, sensors are being used to detect feed areas, detect dull edges, and measure wood size and thickness. Major companies offering sensor technology for plywood wood industries are Leuze electronic and Harnisch.
Manufactured Wood Materials Global Market Report 2020 from The Business Research Company provides the strategists, marketers, and senior management with the critical information they need to assess the global manufactured wood materials market as it emerges from the COVID 19 shut down.
Markets Covered:
1) By Type: Reconstituted Wood; Plywood; Veneer Sheets
2) By Application: Residential; Commercial
3) By Type of Wood Plant: Teak; Oak; Others
Market Segment by Regions:
Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.
The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.
Browse full report:
https://www.marketinsightsreports.com/reports/05072013931/manufactured-wood-materials-global-market-report-2020-30-covid-19-impact-and-recovery-including-1-by-type-reconstituted-wood-plywood-veneer-sheets-2-by-application-residential-commercial-3-by-type-of-wood-plant-teak-oak-others-covering-georgia-pacific-corporation-weyerhaeuser-company-celulosa-arauco-y-constitucin-norbord-inc-rlc-industries-co?Source=openpr&mode=10
Frequently Asked Questions about “Manufactured Wood Materials market” :
What will the Manufactured Wood Materials market size/ forecast be in 2030?
What is the growth rate (CAGR) of the Manufactured Wood Materials market?
Who are the key players/top companies in the Manufactured Wood Materials market?
What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Manufactured Wood Materials market?
What are the challenges to growth and the new opportunities in the Manufactured Wood Materials market?
Which is the highest growing region or country for the Manufactured Wood Materials market?
Which is the top growing segment/application/end-user industry?
What will be the impact of COVID-19 Pandemic (Coronavirus) on the industry?
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.
Note:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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