A16049 | Pages: NA | Jul 2022 | 99 Views | | |
Author(s) : Onkar Sumant | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wood-based Panel Market
Request Now !The global wood-based panel market is experiencing significant growth and anticipated to grow considerably in a few years. 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. The increase in the demand for wood-based panel due to the increasing number of investments in the construction of new commercial space worldwide drives the demand for the global wood-based panel market during the forecast period. However, emission of gases and dust during the manufacturing process may restrain the market.
Market Scope and Structure Analysis
Wood-based panels are flat, partially curved panels made of engineered wood that are bonded together with an adhesive. The wood-based panel market is segmented into product type, application, and region. By product type, the market is segmented into medium density fiberboard/high density fiberboard, OSB board, particle board, soft-board, plywood, and other product types.
Report Metric | Details |
Market Size Available for year
| 2020-2030 |
Base year Considered
| 2021 |
Forecast Unit Period
| 2022-2030 |
Forecast Unit
| Value (USD) |
Segments Covered
| Product Type, Application, Region |
Regions Covered
| North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Kronoplus Limited, West Fraser, Georgia Pacific Wood Products LLC, EGGER Group, Binderjolz GmbH, SGS Industrial Services, Dare Panel Group, Kronospan Limited, Robin Wood, Starbank Panel Products Ltd. |
COVID-19 IMPACT ANALYSIS
Top Impacting Factors
Increase in application in the manufacture of cladding, flooring, and decking as well as windows and doors in the construction sector is expected to impact the market growth. In addition, increase in demand for furniture such as cabinets, shelves, cupboards, and desks is expected to drive the market. Engineered wood is used in the packaging industry to make boxes, containers, and cases for shipping and logistics. Wood-based panels are vital to the construction industry as they provide structural durability to roofs and beams, doors, and stairs.
Market Trend
Key Benefits Of The Report
Key Market Segments
Segments | Sub-segments |
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By Product Type |
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By Application |
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By Region |
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