Plywood is a wood panel prepared from thin sheets of wood veneer. Plywood is one of the most widely used wood products. It is inexpensive, flexible, re-usable and workable. Plywood is used as a substitute for plain wood due to its resistance to cracking, splitting, shrinkage and twisting. Plywood generally offers higher degree of strength than plain wood. On the basis of applications plywood is classified as softwood plywood, hardwood plywood, tropical plywood and decorative plywood among others.
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Research Report of Plywood Market :
The market for
plywood was mainly driven by increasing demand from housing market.
The demand has increased owing to growing significance of plywood in
the buildings & construction industry and its advantages over
conventional metal, wood, and plastic. In addition, plywood is also
used in marine applications for building decks. Structural panel
market is likely to be the major opportunity for the plywood market.
The major restraint for the market would be higher cost of plywood as
compared to OSB (Oriented Starboard) which offers similar features to
that of plywood.
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Report :
In terms of demand,
North America was the leading region for plywood market. The demand
has been substantial from housing market. North America was followed
by Europe, where the demand is huge from housing and construction
market. The demand for plywood is mainly from the U.K. and Germany.
Asia Pacific is expected to be the fastest growing market for
plywood. The demand is this region is driven by Japan, India and
China owing to construction activities in this region. The Rest of
the World is expected to exhibit lower demand for plywood in upcoming
years owing to higher prices compared to OSB.
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http://www.transparencymarketresearch.com/wood-based-panel-market.html
Some of the key
manufacturers in the plywood market are Ainsworth Lumber Co. Ltd.,
Boise Cascade LLC, Atlantic Plywood Corporation, Eksons Corp. Bhd,
Century Plyboard (India) Ltd., Greenply Industries Ltd.,
Georgia-Pacific Corporation, Uniply Industries Ltd. and Weyerhaeuser
Company 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
- 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
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