How is global warming affecting the manufactured wood materials market?

Manufactured Wood Materials Market – Global Forecast to 2030

The Business Research Company Manufactured Wood Materials Market – Opportunities and Strategies – Global Forecast to 2030

LONDON, GREATER LONDON, UK, December 7, 2021 / – Growing concerns about global warming and climate change have dramatically altered consumers’ preference for eco-friendly furniture, which has helped manufacturers to develop furniture using environmentally friendly materials. . Along with environmental concerns, consumers looking for modular and stylish furniture are also driving the demand for wood furniture in rural and urban areas. This in turn benefits the growth of the manufactured wood material markets.

The engineered wood products segment is growing in popularity and is the fastest growing segment in the manufactured wood materials market. Engineered wood is made by bonding veneers, wood planks, fibers and particles with adhesives and is widely used by customers in the construction industry. They are prefinished, durable, water resistant and easier to assemble. Engineered wood products include I-beams, laminated veneer products, and glued laminated wood products. I-beam is widely used in load-bearing commercial and residential applications. These beams are of high strength and are used to fabricate support structures. End users of engineered wood products are manufacturers of non-residential floors, floor and roof renovators, and manufacturers of new residential roofs.

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The global manufactured wood materials market size reached a value of $ 256.90 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 slowdown in countries due to the COVID-19 outbreak and measures to contain it. The market is expected to reach $ 367.40 billion by 2025 and $ 525.40 billion by 2030.

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Major players covered in the global manufactured wood materials industry are Georgia-Pacific, Weyerhaeuser, Boise Cascade, West Fraser Timber Co Ltd., Universal Forest Products.

TBRC Global Manufactured Wood Materials Market report is segmented by Engineered Wood Type, Plywood, Veneer Sheets, by Application in Residential, Commercial, by Factory Type Teak, Oak, Others.

Manufactured Wood Materials Market – By Type (Engineered Wood, Plywood, Veneer Sheets), By Plant Type (Beech, Oak, Others), By Application (Residential, Commercial) and By Region, Opportunities and Strategies – Global Forecast to 2030 is one of a series of new reports from The Business Research Company which provides an overview of the Manufactured Wood Materials market, the forecast of the Manufactured Wood Materials market, the size and growth of the Wood Materials market. Manufactured Products for the Whole Market, Manufactured Wood Materials Market Segments and Geographies, Manufactured Wood Materials Market Trends, Manufactured Wood Materials Market Drivers, Constraints, Revenue, Profiles and Market Share of Major competitors.

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