Manufactured Wood Materials Market Expected to Expand at a Steady CAGR

The Business Research Company’s Manufactured Wood Materials Global Market Report, covers the year-on-year growth of the global manufactured wood materials market historic and forecast growth. It also includes chapters on the manufactured wood materials market trends, geographical analysis, and competitive landscape.
The manufactured wood materials market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.

Manufactured Wood Materials Market Trends:
The produced wood materials market consists of sales of produced wood materials by entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood members and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards.
The engineered wood products segment is gaining popularity and it is the fastest growing segment in manufactured wood materials market. Engineered wood is manufactured by binding veneers, boards of wood, fibers and particles with adhesives and it is widely used by customers in the construction industry. They are pre-finished, durable, water resistant and easier to mount. The engineered wood products include I-beams, laminated veneer lumber products and glulam products. I-beam product is widely used in load-bearing commercial and residential applications. These beams are of high-strength and are used to manufacture supporting structures. The end users of engineered wood products are non-residential floors manufacturers, floor and roof remodelers, non-residential sectors and new residential roof manufacturers.
The global manufactured wood materials market is primarily driven by rising demand for durable wooden flooring and roofs.
The global manufactured wood materials market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With technological advances such as cross-laminated timber (CLT) and MDF recycling, the global manufactured wood materials market is expected to increase in potential and scope. TBRC’s report also covers the manufactured wood materials drivers and restraints in the market.
The global manufactured wood materials market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global manufactured wood materials market report are Georgia-Pacific Corporation, Weyerhaeuser Company, Celulosa Arauco y Constitucion, Norbord Inc, and RLC Industries Co.
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