Press release
Increasing Demand from Building and Construction Industry to Drive Global Plywood Market
The plywood market has been driven by the need for plywood for building and construction. Plywood has several advantages over other building materials such as wood, metal, and plastic, propelling the market for the same. Plywood is also used to build decks on ships in the marine industry. The report from TMR says that one of the biggest opportunities for the plywood market in the future would be the structural panel market.
Get More Information: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2100
Plywood, made from thin sheets of wood veneer glued together, is one of the most widely used wooden products, due to its flexibility, reusability, and the fact that it is easy to work with. Plywood also offers other benefits over wood such as its resistance to cracking, shrinking, twisting, and splitting. Moreover, plain woods do not last as long as plywood does, thus boosting the market for plywood globally. According to the report, the higher cost of plywood in comparison to OSB could be the only factor that restrains the plywood market globally.
The basic three types of plywood available are: commercial MR grade plywood, waterproof BWR grade plywood, and marine plywood. Plywood is classified on the basis of application into softwood, hardwood, and decorative plywood, to name a few.
Geographically, the report segments the plywood market into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to be the fastest growing market for plywood, while North America has been leading the market in the past, with a substantial demand from the housing sector. Europe followed North America due to high demand from housing and construction sector; European countries that contributed the most were the U.K. and Germany. According to the findings of the report, the Rest of the World market is expected to have a low demand for plywood in the forecast period, owing to the higher prices of plywood as compared to OSB, which has similar characteristics as plywood.
Browse The Full Report: http://www.transparencymarketresearch.com/plywood-market.html
Some of the key plywood manufacturers studied in the report are: Boise Cascade LLC, Weyerhaeuser Company, Atlantic Plywood Corporation, Century Plyboard (India) Ltd., Eksons Corp. Bhd, Greenply Industries Ltd., Uniply Industries Ltd., Georgia-Pacific Corporation, and Ainsworth Lumber Co. Ltd., among others.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: mailto:sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Increasing Demand from Building and Construction Industry to Drive Global Plywood Market here
News-ID: 371944 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Plywood
Marine Plywood Global Market Report 2024 by The Business Research Company | UPM …
The marine plywood market size has grown strongly in recent years. It will grow from $11.82 billion in 2023 to $13 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to shipbuilding industry growth, marine infrastructure development, waterfront property construction, marine safety regulations, recreational boating, architectural applications.
The marine plywood market size is expected to…
Global Marine Plywood Market Dynamic Demand, Growth, Strategies and Forecast 203 …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Marine Plywood market report by The Business Research Company, The growing popularity of high-speed and luxurious recreational boats is the key factor driving the growth of the marine plywood market. The marine tourism sector has grown globally. With anticipated global growth rates of more…
Plywood Boards Market to Show Incredible Growth by 2027 | Anchor Marine Plywood, …
This Plywood Boards market report provides a comprehensive assessment of the market's current state and future prospects. The market and its essential aspects are easily understood by organizations. It also conducts research on the market's framework within the industry as a whole. Market size, trend analysis, major suppliers, competitive landscape, trade data, and market trends of some regions are only a few of the significant factors mentioned in this Plywood…
The Global Plywood Market | Atlantic Plywood Corporation and Greenply Industries …
Plywood is manufactured using thin layers or sheets of wood bonded and veneer bound with adhesives. Plywood is commonly used as an alternative to plain wood attributing to its properties such as twisting, resistance to shrinking, and splitting.
A detailed report on Global Plywood providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast…
The Global Plywood Market | Atlantic Plywood Corporation and Greenply Industries …
The global plywood market was estimated at 105.9 million cubic meter in 2018 and is expected to grow substantially, exhibiting a CAGR of 3.3% over the forecast period (2019-2027). The market is expected to witness significant growth over the forecast period, attributed to increasing demand for plywood from various end-use industries such as construction and furniture.
The global Plywood report covers all the essential regional and global market insights. Likewise,…
Film Faced Plywood Market Economic Forecasting By 2026 | Europlywood, Bunnings, …
A detailed research study on the Film Faced Plywood Market was recently published by UpMarketResearch. The report puts together a concise analysis of the growth factors influencing the current business scenario across various regions. Significant information pertaining to the industry analysis size, share, application, and statistics are summed in the report in order to present an ensemble prediction. Additionally, this report encompasses an accurate competitive analysis of major market players…
