Press release
Manufactured Wood Materials Market Report: Trends, Analysis, and Forecasts - Global Insights 2024
Manufactured Wood Materials Market
The manufactured wood materials market size is expected to see strong growth in the next few years. It will grow to $393.61 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth of e-commerce, increasing demand for wooden furniture, and urbanization . Major trends in the forecast period include offering customized engineered wood products to the construction industry, automation and robotics technologies to enhance production efficiency and reduce costs, implementing tracking and tracing technology to enhance their credibility among stakeholders, and focus on incorporating new and improved techniques in harvesting logs to increase wood volume with less residual damage.
Market Overview -
Manufactured wood materials refer to a derivative wood product formed by binding or attaching the strands, particles, etc. together with adhesives or other techniques of fixation to create composite materials, also known as composite wood, manufactured board, or composite board.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=3613&type=smp
Construction Boom Expected To Drive Robust Growth In The Manufactured Wood Materials Market
The increasing demand for construction is expected to propel the growth of the manufactured wood materials market going forward. Construction refers to the process of planning, designing, building, and assembling physical structures, facilities, or infrastructure. Manufactured wood materials can have positive economic, environmental, and societal impacts by promoting sustainability, innovation, and efficiency in the construction industry. For instance, in September 2021, according to Oxford Economics, a UK-based economic information services company, the global construction output between 2020 and 2030 is anticipated to increase by 42%, or $4.5 trillion, to reach USD 15.2 trillion. The increasing demand for construction is driving the growth of the manufactured wood materials market .
Competitive Landscape -
Major companies operating in the manufactured wood materials market report are Georgia-Pacific, Weyerhaeuser, Boise Cascade, West Fraser Timber Co Ltd, Universal Forest Products, UPM-Kymmene Corporation, Metsa Group, Potlatch Corporation, Austral Plywoods Pty Ltd, Eksons Corporation Bhd,, Jilin Sen Workers' Forming Group Co., Ltd., Daya Shengxiang Home Co., Ltd., Xuzhou Mega Industries, Yalong Wood, Century Plyboards India Ltd, Greenply Industries Ltd, HOKUSAN, Caledonian Plywood Company Ltd, Hanson Plywood, Garnica Plywood Samazan, IMCA Panels, Templin OHG, Syktyvkar Plywood Mill LTD, Plyterra Group, Segezha Group, JAF Group, Au-Mex, Hancock Timber Resource Group, RSH Forest Products, Sierra Pacific, Berneck, Araupel, Linea Parana Madeiras Ltda, Imaribo, Middle East Wood, Mazi Orman Urunleri Ltd., Dastas Demircioglu Agac A.S., Daco Parquet Factory AS, Gabon Veneer, Merensky, Miro Forestry and Timber Products, United Forest Products, Afeefa Overseas Sarl Gabon, Okoume Face Veneer.
Automation And Robotics Revolutionizing The Manufactured Wood Industry
Manufactured wood material companies are increasingly integrating automation and robotics in their operations to enhance productivity and reduce costs. Robotics are generally being adopted in those functional areas where working conditions for human labor are not safe and it can be implemented to complement human labor to increase operational efficiency. Automation is being utilized to reduce the time taken to manufacture reconstituted wood products and thereby improving process efficiency. According to a survey by the Manufacturers Alliance and the MN Precision Manufacturing Association, 38% of the respondents were currently using automation or robotics, and 32% of the respondents were in the process of implementing automation or robotics. Major companies providing automation equipment include Timber Automation and CG Power and Industrial Solutions.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/manufactured-wood-materials-global-market-report
Key Segments -
The manufactured wood materials market covered in this report is segmented -
1) By Type: Reconstituted Wood, Plywood, Veneer Sheets
2) By Type of Wood Plant: Teak, Oak, Other Types of Wood Plants
3) By Application: Residential, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Manufactured Wood Materials Market Report: Trends, Analysis, and Forecasts - Global Insights 2024 here
News-ID: 3470842 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Wood
Key Influencer in the Wood Preservatives Market 2025: Rising Global Wood Demand …
"What market dynamics are playing a key role in accelerating the growth of the wood preservatives market?
The market growth of wood preservatives is expected to be fueled by the rising demand for wood in multiple applications over the forecast period. With the global population and industrialization on the rise, the need for wood products is progressively growing. Wood, being a substantial source of energy, housing, firewood, timber, and fodder, has…
Thermally Modified Wood Market Analysis By Top Key Players - Kebony, Stora Enso, …
The "Thermally Modified Wood Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Thermally Modified Wood Market, 2024-2031
Verified Market Research's most recent report, "Thermally Modified Wood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,"…
Palmetto Wood Shop: Personalized Wood Gifts for Every Occasion
Palmetto Wood Shop, a family-owned business renowned for its passion for woodworking, specializes in crafting high-quality, engraved gifts for every occasion. Since 2014, Palmetto Wood Shop's mission has been to provide customers across the U.S. and the world with personalized products that reflect the artistry and care that goes into each piece.
Palmetto Wood Shop's collection includes a wide array of products ranging from engraved pocketknives and hammers to personalized cutting…
Thermally Modified Wood Market 2023 Key Players - Stora Enso, Kebony, Thermory, …
Global Thermally Modified Wood Market 2023 introduced by a leading market research firm Fior Markets comes out as a highly reliable source of information and data on the global market. The report is a versatile and future-ready analytical survey that contains trend assessment, an in-depth assessment of market valuation, and revenue-generating trends. The report covers sharp insights into the present and forthcoming trends & developments in the global Thermally Modified…
Pressure-treated Wood Market | Navigating New Horizons: Analyzing Innovative Bus …
In the past few years, the Pressure-treated Wood market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pressure-treated Wood reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Pressure-treated Wood market is full of uncertain. Report predicts that the global Pressure-treated Wood market size will expected to achieve a…
Global Wood Processing Market | Global Wood Processing Industry: Ken Research
The wood processing market involves of sales of processed wood by several entities (organizations, sole traders and partnerships) that saw measurement lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from the logs or bolts. This industry also embraces establishments that treat planed, sawed and shaped wood with creosote or other preservers such as alkaline copper quat, copper azole, and sodium borates, to safeguard decay and to…
