Global Manufactured Wood Materials Market Report by Trade Research Company 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, March 16, 2022 /EINPresswire.com/ — According to “Global Manufactured Wood Materials Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026” published by The Business Research Company, the Wood materials market size is expected to grow from USD 238.64 billion in 2021 to USD 255.73 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. According to TBRC’s Manufactured Wood Materials Market Report, the market is expected to reach $323.27 billion in 2026 at a CAGR of 6%. Rising demand for online shopping is expected to drive the growth of the manufactured wood materials market.
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The global manufactured wood materials market includes sales of wood materials produced by entities (organizations, independent traders, and partnerships) that produce veneers, plywoods, engineered wood features, and engineered wood products. Some products produced by this industry include hardwood and softwood veneers, pre-engineered and laminated wood arches, wood roofs, floor trusses, wood sheets and planks.
Global Manufactured Wood Materials Market Trends
Wood material manufacturing companies are increasingly integrating automation and robotics into their operations to improve productivity and reduce costs. Robotics is typically adopted in functional areas where working conditions for human labor are unsafe and it can be implemented to supplement human labor to increase operational efficiency. Automation is used to reduce the time required to manufacture engineered wood products and thus improve the efficiency of the process.
Segments of the global manufactured wood materials market
The global manufactured wood materials market is segmented:
By Type: Engineered Wood, Plywood, Veneer Sheets
By Application: Residential, Commercial
By type of vegetable wood: teak, oak, others
By Geography: The global manufactured wood market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global Manufactured Wood Materials Market Report 2022 is part of a series of new reports from The Business Research Company that provide Manufactured Wood Materials market overviews, size and growth analysis and forecasts Global Manufactured Wood Materials Market, Manufactured Wood Materials Market Share, Manufactured Wood Materials Market Segments & Geographies, Manufactured Wood Materials Market Players, Revenues, Profiles and Market Shares major competitors in the manufactured wood materials market. The Manufactured Wood Materials Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Manufactured Wood Materials Market 2022 report includes insights into the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Weyerhaeuser Company, CELULOSA ARAUCO Y CONSTITUCIÓN SA, Louisiana-Pacific Corporation, Norbord Inc., Patrick Industries Inc., Boise Cascade Company UFP Industries Inc., PotlatchDeltic Corporation, upm-kymmene oyj and GreenPly Industries Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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About the Business Research Company
The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with detailed analysis of the impact of COVID-19 on various markets.
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