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.
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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
- 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
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.
Reasons for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a technological growth map over time to understand the industry
growth rate
- It
provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
- It helps
in understanding the key product segments and their future
- It
provides pin point analysis of changing competition dynamics and keeps you
ahead of competitors
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