Wood Based Panel Market - Forecast 2021 - 2026 - PowerPoint PPT Presentation

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Wood Based Panel Market - Forecast 2021 - 2026

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Wood Based Panel market size is forecast to reach US$224.8 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. – PowerPoint PPT presentation

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Title: Wood Based Panel Market - Forecast 2021 - 2026


1
Wood Based Panel MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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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. The market is witnessing an
    increase in demand, due to the construction
    industry's growth, where the product finds
    extensive applications. 

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3
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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

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By Distribution Channel- Segment Analysis 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.
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  • Wood Based Panel Market Outlook 
  •  Kronospan
  • Arauco
  • Daiken New Zealand
  • Duratex
  • Georgia-Pacifi
  • Masisa
  • Swiss Krono Group,
  • Norbord
  • Louisiana-Pacific
  • Weyerhaeuser
  • Egger, Sonae Industria
  • Pfleiderer
  • Kastamonu Entegre

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6
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Wood Based Panel Market
- Forecast 2021 - 2026 Learn More About the
Report _at_ https//www.industryarc.com/Research/W
ood-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
    /purchasereport.php?id503072

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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