The global manufactured wood materials market reached a value of nearly $ 264.6 billion in 2019, after increasing at a compound annual growth rate (CAGR) of 6.9% since 2015. The market is expected to grow. go from $ 264.6 billion in 2019 to $ 256.9 billion in 2020 at a rate of -2.92%. The drop is mainly due to containment and social distancing standards imposed by various countries and the economic downturn in all countries due to the COVID-19 outbreak and measures to contain it. The market is then expected to recover and grow at a CAGR of 8.07% from 2021 and reach $ 315.7 billion in 2023. The market is expected to reach $ 367.4 billion by 2025 and 525.4 billion dollars by 2030.
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The manufactured wood materials market includes sales of wood materials produced by entities (organizations, independent traders and partnerships) that produce veneers, plywood, engineered wood and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneers, fabricated and laminated wood arches, wood roofs, floor trusses, sheets and planks of wood. The manufactured wood materials industry involves various types of procedures used to convert raw wood into wood material by binding or fixing strands, particles, fibers, veneers or planks of wood with adhesives or other methods to form composite materials.
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The Manufactured Wood Materials Market report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. A team of highly experienced and expert analysts and modelers provide market analysis and forecast. The reports identify major countries and segments for opportunities and strategies based on market trends and approaches of major competitors.
Some of the major players in 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, wood type, application, and geography.
By type –? The manufactured wood materials market is segmented by type into
- a. Reconstituted wood
- b. Plywood
- vs. Veneer sheets
By type of plant – The manufactured wood materials market is segmented by plant type into
- a. Beech
- b. Oak
- vs. Others
By application – The manufactured wood materials market is segmented by application into
- a. Residential
- b. Commercial
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The Manufactured Wood Materials Market report describes and explains the global Manufactured Wood Materials market and covers 2015 to 2020, referred to as historical period, and 2020 to 2025, referred to as forecast period, along with other forecast for the period 2025-2030. The Manufactured Wood Materials report assesses the market within each region and for major economies within each region.
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, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
The regions covered by the global manufactured wood materials market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and ‘Africa.
The full report includes
- Structure of the report
- Characteristics of the market for manufactured wood materials
- Product Analysis of the Manufactured Wood Materials Market
- Manufactured Wood Materials Market Supply Chain
- Key mergers and acquisitions in the manufactured wood materials market
- Market context: machinery manufacturing market
- Copyright and disclaimer
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