Global Plywood report from Global Insight Services is the single authoritative source of intelligence on Plywood market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Plywood is a type of manufactured wood product made by bonding together multiple layers of wood veneer. Plywood is used in a variety of construction and DIY projects due to its strength, durability, and versatility.
Plywood is made by gluing together multiple layers of wood veneer. The veneer is a thin sheet of wood that is peeled from a larger piece of lumber. The veneer is then glued to another piece of veneer, with the grain of each layer running in opposite directions. This process is known as cross-graining, and it helps to reduce the risk of plywood warping or splitting.
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Market Segments
The Plywood Market is segmented based on product type, application and region. The type segment is categorized into softwood, hardwood, decorative plywood, and others. On the basis of application, the market is classified into construction, furniture, packaging, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Plywood Market report includes players such as Century Plyboard (India) Ltd., Atlantic Plywood Corporation, Greenply Industries Ltd., Weyerhaeuser Company, Eksons Corp. Bhd., Roseburg Forest Products Co., Uniply Industries Ltd., Boise Cascade LLC, Ainsworth Lumber Co. Ltd., and Georgia-Pacific Corporation.
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Key Drivers
The key drivers of the plywood market are:
1. Increasing construction activity: Plywood is widely used in the construction industry, for applications such as sheathing, flooring, and paneling. The increasing construction activity around the world is therefore driving the demand for plywood.
2. Growing furniture industry: Plywood is also used in the manufacture of furniture. The growing furniture industry is therefore another key driver of the plywood market.
3. Rising demand from Asia-Pacific: Asia-Pacific is the largest market for plywood, due to the growing construction and furniture industries in the region. The rising demand from Asia-Pacific is therefore driving the growth of the plywood market.
4. Increasing use of plywood in packaging: Plywood is increasingly being used in packaging, due to its strength and durability. This is driving the demand for plywood.
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