A wood based panel is a general term for a
variety of different board products, which have an impressive range of
engineering properties. Wood based panels are primarily used in construction,
packaging, and shipping. Wood based panels can be classified into different
product segments such as softwood plywood, particle-board and medium density
fiber board, decorative hardwood plywood and veneer (under 6mm thick),
waferboard and other structural composite boards, insulation board and
hardboard.Growing deforestation leading to global
warming has spurred the demand for efficient timber utilization, in turn
driving the global wood based panels market.
Technological advancements and increased efficiency in manufacturing of wood based panels is expected to bolster the demand for wood based panels. On the other hand, rapid increases in the cost of petroleum-based fuels and products continue to escalate the production and marketing costs of wood-based panel products, in turn hindering its growth.
Technological advancements and increased efficiency in manufacturing of wood based panels is expected to bolster the demand for wood based panels. On the other hand, rapid increases in the cost of petroleum-based fuels and products continue to escalate the production and marketing costs of wood-based panel products, in turn hindering its growth.
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Anticipated changes in incorporating newer
definitions of structural-use panels by American Plywood Association is
expected to bolster the demand for wood based panels in North America as well
as South America. Rapid industrialization and modernization in infrastructure
in developing economies of Asia Pacific is expected to be a key market driver
for wood based panel industry over the forecast period.
Some of the key manufacturers of wood based
panel include Caihong Wood Co. Ltd, Lin Shi Tong Wood Co. Ltd., d.i.v.a
Aluminum products, Qingdao Nianlun Wood Processing Co. Ltd., Changzhou Hengyi
Wood Products Co. ltd., Donghwa Enterprise Co. ltd., Daregroup, Mainland
Trading Company, and Linyi Guangsha Wood Industry Co. Ltd. among others.
This research report analyzes this market
depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include :
Geographies analyzed under this research report include :
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent developments
in technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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