A new market
research report by Transparency Market Research, titled
“Plywood
Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 – 2019,” presents a detailed overview of
the global market for plywood. Analyzing the plywood market for
developmental trends of the past, the report also presents a forecast
of the market’s state between 2013 and 2019. Presenting a complete
study of the current trends in the plywood market, the report
presents the strategies used by leading companies in the market to
help interested readers get a competitive edge above the rest.
The plywood market
has been driven by the need for plywood for building and
construction. Plywood has several advantages over other building
materials such as wood, metal, and plastic, propelling the market for
the same. Plywood is also used to build decks on ships in the marine
industry. The report from TMR says that one of the biggest
opportunities for the plywood market in the future would be the
structural panel market.
Plywood, made from
thin sheets of wood veneer glued together, is one of the most widely
used wooden products, due to its flexibility, reusability, and the
fact that it is easy to work with. Plywood also offers other benefits
over wood such as its resistance to cracking, shrinking, twisting,
and splitting. Moreover, plain woods do not last as long as plywood
does, thus boosting the market for plywood globally. According to the
report, the higher cost of plywood in comparison to OSB could be the
only factor that restrains the plywood market globally.
The basic three
types of plywood available are: commercial MR grade plywood,
waterproof BWR grade plywood, and marine plywood. Plywood is
classified on the basis of application into softwood, hardwood, and
decorative plywood, to name a few.
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Geographically, the
report segments the plywood market into North America, Europe, Asia
Pacific, and Rest of the World. Asia Pacific is expected to be the
fastest growing market for plywood, while North America has been
leading the market in the past, with a substantial demand from the
housing sector. Europe followed North America due to high demand from
housing and construction sector; European countries that contributed
the most were the U.K. and Germany. According to the findings of the
report, the Rest of the World market is expected to have a low demand
for plywood in the forecast period, owing to the higher prices of
plywood as compared to OSB, which has similar characteristics as
plywood.
Some of the Key
Plywood manufacturers studied in
the report are: Boise Cascade LLC, Weyerhaeuser Company, Atlantic
Plywood Corporation, Century Plyboard (India) Ltd., Eksons Corp. Bhd,
Greenply Industries Ltd., Uniply Industries Ltd., Georgia-Pacific
Corporation, and Ainsworth Lumber Co. Ltd., among others.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
