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Global Engineered Wood Market 2017-2023 - Market Size, Growth Rates, End-User Analysis, Competitive Market Share Data

12-21-2017 10:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Highlights
Engineered wood enhances the value of living spaces in a visible manner. It lends warmth and homeliness to any room as well as it provides the perfect foundation for tasteful and stylish furnishing. It is produced from carefully selected materials that are in good condition, which produces low emissions and are made from natural raw materials. It controls quality and has positive effect on the indoor climate due to its moisture-regulating properties.

The Global Engineered Wood Market has been segmented based on product types, applications and regions. On the basis of product type the segments include Plywood, Laminated Veneer Lumber (LVL), Glulam, and Cross Laminated Timber (CLT). The engineered wood market is segmented based on the type of product, wherein plywood and glulam accounted for the largest market shares. On the basis of application, it has been segmented as residential and non-residential. The non-residential segment possesses higher market share in the overall engineered wood market. Geographically, Asia Pacific is expected to remain the highest growing region during the forecast period, due to the large construction industry, changing lifestyle and growing end-use industries. Also, due to the presence of countries such as China and India, the region is witnessing a rise in urbanization. Engineered wood market is expected to grow at CAGR of more than 12.82%.

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Key Players
The Key Players of Global Engineered Wood Market includes
• Celulosa Arauco y Constitución (Chile),
• Boise Cascade Company (U.S.),
• Lowe's Companies, Inc.(U.S.),
• Roseburg Forest Products (U.S.),
• Weyerhaeuser (U.S.),
• Georgia Pacific Wood Products, LLC (U.S.),
• Universal Forests Products, Inc. (U.S.),
• Huber Engineered Wood LLC (U.S.),
• CST Timber Co (U.S.),
• Rockshield Engineered Wood products ULC (U.S.)
• Kahrs Group (Sweden).

On the basis of product type, the market segments include Plywood, Laminated Veneer Lumber (LVL), Glulam, and Cross Laminated Timber (CLT).

Plywood is made of three or more thin layers of wood or ply. It is a versatile material with a wide range of applications, from wall and floor covering to molds for concrete structures, designer furniture to packaging. Plywood is probably the most popular and versatile man-made woodworking material, which is available easily. It is used in building many homes and commercial constructions. There are a number of plywood kinds available in the market.

Market Research Analysis:
The ecofriendly feature of the engineered wood products, will force the global engineered wood market to grow at a rapid pace during the forecast period. Demand for engineered wood is driven by the industry looking for alternatives to concrete and hardwood so as to conserve energy, and reduce waste. Geographically, Europe has increased rapidly in the past decade despite the economic downturn. Developing regions such as Asia Pacific, Latin America, and Africa expected to grow in the forecast period due to factors such as stringent regulations regarding carbon emissions, and rapid deforestation, as they are also likely to propel the adoption of engineered wood. Countries in Asia Pacific such as Japan, Indonesia, India, lead the engineered wood market, as they are the main exporters of raw materials to North American and European countries. Market Research Future analysis shows that the global market for engineered wood, is estimated to grow at CAGR of 12.82% by the end of year 2023

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Table of Content

1... Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3... Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis

4... Global Engineered Wood Market, By Product Type
4.1 Introduction
4.2 Plywood
4.3 Laminated Veneer Lumber (LVL)
4.4 Glulam
4.5 I-Beams
4.6 Cross Laminated Timber (CLT)
5... Global Engineered Wood Market, By Application
Continue………..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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