The global Engineered Wood market was valued at US$ 19 million in 2022 and is projected to reach US$ 36 million by 2029, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
There are different types of engineered wood available in the market such as plywood, blockboard, hardboard, MDF, particle board, etc. Blockboard is an engineered wood, which is used in making furniture as substitute of plywood. It is wood based board which consists of a core made of softwood wood strips between the two layers of wood veneer (generally one layer of ply).
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This report aims to provide a comprehensive presentation of the global market for Engineered Wood, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Engineered Wood. This report contains market size and forecasts of Engineered Wood in global, including the following market information:
- Global Engineered Wood Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Engineered Wood Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Engineered Wood companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Plywood Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Engineered Wood include UPM, SVEZA, Georgia-Pacific, Samkotimber, West Fraser, Greenply Industries, Boise Cascade, Rimbunan Hijau and Samling, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Engineered Wood manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Engineered Wood Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Engineered Wood Market Segment Percentages, by Type, 2022 (%)
- Plywood
- Blockboard
- Hardboard
- MDF
- Particle Board
- Others
Global Engineered Wood Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Engineered Wood Market Segment Percentages, by Application, 2022 (%)
- Residential
- Commercial
- Industrial
Global Engineered Wood Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Engineered Wood Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Engineered Wood revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Engineered Wood revenues share in global market, 2022 (%)
- Key companies Engineered Wood sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Engineered Wood sales share in global market, 2022 (%)
Key players include:
- UPM
- SVEZA
- Georgia-Pacific
- Samkotimber
- West Fraser
- Greenply Industries
- Boise Cascade
- Rimbunan Hijau
- Samling
- Syktyvkar plywood mill
- Weyerhaeuser
- Swanson Group
- Potlatch Corporation
- Roseburg
- Demidovo plywood mill
- Columbia Forest Products
- Penghong
- Xingang
- DeHua
Outline of Major Chapters:
Chapter 1: Introduces the definition of Engineered Wood, market overview.
Chapter 2: Global Engineered Wood market size in revenue and volume.
Chapter 3: Detailed analysis of Engineered Wood manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Engineered Wood in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Engineered Wood capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Engineered Wood Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Engineered Wood Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Engineered Wood Overall Market Size
2.1 Global Engineered Wood Market Size: 2022 VS 2030
2.2 Global Engineered Wood Revenue, Prospects & Forecasts: 2018-2030
2.3 Global Engineered Wood Sales: 2018-2030
3 Company Landscape
3.1 Top Engineered Wood Players in Global Market
3.2 Top Global Engineered Wood Companies Ranked by Revenue
3.3 Global Engineered Wood Revenue by Companies
3.4 Global Engineered Wood Sales by Companies
3.5 Global Engineered Wood Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Engineered Wood Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Engineered Wood Product Type
3.8 Tier 1, Tier 2 and Tier 3 Engineered Wood Players in Global Market
3.8.1 List of Global Tier 1 Engineered Wood Companies
3.8.2 List of Global Tier 2 and Tier 3 Engineered Wood Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Engineered Wood Market Size Markets, 2022 & 2030
4.1.2 Plywood
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Astute Analytica published a new report on the Global Engineered Wood Market, the research study offers analysis and detailed insights on key market dynamics include growth drivers, restraint factors, challenges, opportunity analysis, and trends.
The research report also includes a detailed analysis of market segmentation, competitive landscape, market vendors and estimated market size in qualitative and quantitative methods.The global Engineered Wood market is anticipated to witness a remarkable growth at substantial CAGR of 6% over the forecast period i.e., 2021-2027.
In the past years, the global Engineered Wood Market has shown a significant growth rate and is projected to display a positive development in the upcoming years.
The research report offers a thorough and detailed analysis of key market players that registered an active participation in the global Engineered Wood Market.To know more about report scope and depth of data heads analyzed, request for Sample @ https://www.astuteanalytica.com/request-sample/engineered-wood-marketThe research study includes the chapters that explains about operating business segments, key strategic developments, product portfolio and business performance.
Companies profiled in the Engineered Wood Market are A Flooring, ALAMCO Wood Products, LLC, Boise Cascade Company, Celulosa Arauco y Constitución S.A, D.R.
Johnson Wood Innovations, Daiken, Eagle Plywood Specialties, FraserWood Industries Ltd., Georgia-Pacific Wood Products LLC, Hardel Mutual Plywood Corporation, Havwoods, Huber Engineered Woods LLC, Louisiana-Pacific Corporation, Natron Wood Products, Norbord Inc., Nordic Homeworx LLC, Pacific Woodtech Corporation, Patrick Industries, Incand among other prominent players.
As per Market Research Future (MRFR), the Global Engineered Wood Market is estimated to grow at USD 24.12 million at a CAGR of 12.82% from 2017 to 2023 (forecast period).
The report provides a systematic and in-depth review of the effect of the COVID-19 pandemic on the global engineered wood industry.Engineered wood, also known as man-made or composite wood, has become popular in construction as it is used as a replacement for hardwood and concrete.
As a result, the global market for engineered wood is projected to rise steadily in the forecast period.Engineered Wood Market Size products are an excellent option for construction as they are made of recycled wood and, hence, serve as environmentally friendly alternatives.
They are manufactured for years of trouble-free and dependable use.
It helps to minimize waste by reducing disposal costs and damaging the product.
It is referred to as one of the best materials of choice for residential and non-residential infrastructure over the last few decades due to its modern enhancement on a construction characteristic.
The engineered wood, sometimes known as man-made wood or composite wood, is used as a substitute to hardwood and concrete in the construction sector.
Latest report on the global engineered wood market, published by Market Research Future (MRFR), asserts that this market could witness progress at 12.82% CAGR between 2017 and 2023.
Such advantages include ease of customization, cost efficiency, better quality, waste reduction, longevity, easy maintenance, and uniqueness of colorful design.
Other factors backing the market include growing demand for engineered wood, reduced disposal costs, less product damage, eco-friendly nature, less labor cost, and lastly, government regulations to encourage the use of engineered wood.
Based product type, the market has been segmented into Cross Laminated Timber (CLT), Glulam, Laminated Veneer Lumber (LVL), I-beams, and Plywood.Regional SegmentationA geographical outlining of the global engineered wood market encompasses Asia Pacific, Europe, North America, and Rest of the World (RoW).Asia Pacific region holds the dominating share in the global market due to rising demand from countries like China and India.
New construction business models are promoting institutional changes that include revising wood-framed multi-storey building standards.
Would you like to learn more about engineered wood flooring?Are you aware of its advantages and disadvantages?Well, as you are here on this page, you obviously have a bit idea of Wood Flooring and its engineered version.
So, let take this journey of learning a little more forward and know about the types of engineered flooring and its benefits.But before you get into technicalities, let’s revise the definition of engineered wood flooring.Understand engineered wood flooringEngineered here refer to manufacturing done at the factory level.
Manufacturers place the natural wood layer of their choices facing the plywood base, fixed using adhesive.
Engineered wood is also popular by the name composite wood, manufactured board, etc.The types of engineered wood flooring available with sellersEngineered wood flooring comes in twotypes –2-layerAt EcoHardwood, the 2-layer flooring is made up of top layer and base layer.
Both the top and base layer are compressed together to form 2-layer Engineered Wood Flooring for your house.
The layers are joined together with Formaldehyde-free PUR adhesive, which is strong and prevents delamination.The 2-layer option is best for underfloor heating and easy to install.
