The global manufactured wood materials market reached a value of nearly $264.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 6.9% since 2015. The market is expected to decline from $264.6 billion in 2019 to $256.9 billion in 2020 at a rate of -2.92%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and 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 8.07% from 2021 ad reach $315.7 billion in 2023. The market is expected to reach $367.4 billion by 2025, and $525.4 billion by 2030.
Request For The Sample Of The Manufactured Wood Materials Market Here:
The manufactured wood materials market consists of sales of produced wood materials by entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood 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 manufactured wood materials industry involves various types of procedures used to convert raw wood to produce wood materials by binding or fixing strands, particles, fibers, veneers or boards of wood with adhesives or other methods in order to form composite materials.
Place A Direct Purchase Order Of The Manufactured Wood Materials Report Here:
The manufactured wood materials market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the manufactured wood materials market are Georgia-Pacific, Weyerhaeuser, Boise Cascade, West Fraser Timber Co Ltd, Universal Forest Products
The manufactured wood materials market is segmented by type, by type of wood, by application and by geography.
By Type –? The manufactured wood materials market is segmented by type into
- a. Reconstituted Wood
- b. Plywood
- c. Veneer Sheets
By Type of Plant – The manufactured wood materials market is segmented by type of plant into
- a. Beech
- b. Oak
- c. Others
By Application – The manufactured wood materials market is segmented by application into
- a. Residential
- b. Commercial
Read More On The Global Manufactured Wood Materials Market Report:
The manufactured wood materials market report describes and explains the global manufactured wood materials market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The manufactured wood materials report evaluates the market across each region and for the major economies within each region.
The countries covered in the global manufactured wood materials market are 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.
The regions covered in the global manufactured wood materials market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Manufactured Wood Materials Market Characteristics
- Manufactured Wood Materials Market Product Analysis
- Manufactured Wood Materials Market Supply Chain
- Key Mergers And Acquisitions In The Manufactured Wood Materials Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The World’s Most Comprehensive Database
The Business Research Company’s flagship product, 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.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model