Manufactured Wood Materials Market Overview & Growth Rate Forecast for Next 5 Years
Vishwanath Kalkundrikar
Web Analyst - Team Lead | Digital Marketing | SEO, Google Analytics
The latest study released on the?Global Manufactured Wood Materials Market?by HTF MI Research evaluates market size, trend, and forecast to 2030. The Manufactured Wood Materials market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Louisiana-Pacific Corporation (United States), Weyerhaeuser Company (United States), Georgia-Pacific LLC (United States), Klausner Trading USA Inc. (United States), Sonae Arauco (Portugal), Norbord Inc. (Canada), West Fraser Timber Co. Ltd. (Canada), Binderholz GmbH (Austria), Egger Group (Austria), Kronospan (Austria) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are Finsa (Spain), Duratex S.A. (Brazil), Raute Corporation (Finland), Homasote Company (United States), UFP Industries, Inc. (United States).
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The Global Manufactured Wood Materials market was valued at USD 150 Billion in 2024 and is expected to reach USD 210 Billion by 2030, growing at a CAGR of 5.6 % during 2024-2030.
Definition:
The Manufactured Wood Materials Market involves the production and use of engineered wood products, such as plywood, particleboard, oriented strand board (OSB), and medium-density fiberboard (MDF). These materials are made by bonding together wood fibers, veneers, or particles with adhesives under heat and pressure. The market is driven by the growing demand for sustainable construction materials, as manufactured wood is considered an eco-friendly alternative to solid wood. Key advantages include reduced waste, improved strength, and versatility in construction and furniture-making applications. The market is expanding as a result of increasing urbanization, infrastructure development, and rising demand for lightweight and durable building materials. However, the volatility of raw material prices and environmental concerns related to deforestation are notable challenges.
Market Drivers:
1)Construction Industry Growth
2)Design Versatility
Market Opportunity:
1)Sustainable Products
2)Digital Integration
Major Highlights of the?Manufactured Wood Materials?Market report released by HTF MI
Global Manufactured Wood Materials Market Breakdown by Application (Mechanical Testing, Fire Resistance Testing) by Type (Plywood, Oriented Strand Board (OSB), Laminated Veneer Lumber (LVL), Glued Laminated Timber (glulam)) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Manufactured Wood Materials market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
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Major highlights from Table of Contents:
Key Points Covered in Manufactured Wood Materials Market Report:
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Key questions answered
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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Contact Us:
Vishwanath Kalkundrikar (Web Analyst - Team Lead)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445