Wood Based Panel Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

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Wood Based Panel Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026
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• Wood Based Panel market size is forecast to
  reach US224.8 billion by 2026, after growing at
  a CAGR of 6.5 during 2021-2026. The Wood Based
  Panel products are flat, sometimes curved, sheets
  made from wood-based materials that are bonded
  together with synthetic adhesives such as
  urea-formaldehyde adhesives, and
  phenol-formaldehyde resins. Low product cost
  coupled with superior properties including
  strength and durability is the key factor driving
  the demand for wood-based panels for ceiling,
  cladding, roofing, flooring and furniture
  applications. 

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Key Takeaways Asia Pacific dominates the Wood
Based Panel market, owing to the growing uses of
wooden panels in construction activities,
furniture, in countries such as China, India, and
Japan. According to FAOs forest product
statistics in 2018, global Wood Based Panel
production reached 408 million m³, a 1 percent
increase over the previous year (404 million m³)
and a 9 percent increase over the observed
period. Wood-based panels is the product category
that saw fast growth in production, owing to the
rapid and consistent growth in the Asia-Pacific
region While the economically mature markets of
the U.S
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By Distribution Channel- Segment Analysis The
Particle wood segment held the largest share of
33in the Wood Based Panel market in
2020. Particle Board is a composite panel product
consisting of cellulosic particles of various
sizes that are bonded together with synthetic
adhesives under heat and pressure. Particle Board
has excellent machining characteristics, which is
important when post-forming high pressure
laminate countertops. Particle Board is used
extensively in residential kitchens, playing a
role in cabinets, shelving, countertops and floor
underlayment. The American National Standard for
Particleboard (ANSI A208.1) is the North American
industry voluntary standard that classifies
particle Board by physical, mechanical and
dimensional characteristics as well as
formaldehyde levels. 
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• Wood Based Panel Market Industry
  Outlook Kronospan, Arauco
• Daiken New Zealand
• Duratex, Georgia-Pacific
• Masisa
• Swiss Krono Group
• Norbord, Louisiana-Pacific
• Weyerhaeuser, Egger
• Sonae Industria
• Pfleiderer
• Kastamonu Entegre
• Weihua

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Wood Based Panel Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026Learn More About
the Report _at_ https//www.industryarc.com/Resea
rch/Wood-based-Panel-Market-Research-503072
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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