Description
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.
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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.
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
- Market projections for upcoming
years
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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
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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