Wood Based Panel Market - Growth, Trends and Forecast, 2013 – 2019

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Wood Based Panel Market - Global

Industry Analysis, Size, Share, Growth,

Trends And Forecast, 2013 – 2019

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REPORT DESCRIPTION

A wood based panel is a general term for a variety of different board products, which have an impressive range of

engineering properties. Wood based panels are primarily used in construction, packaging, and shipping. Wood based

panels can be classified into different product segments such as softwood plywood, particle-board and medium

density fiber board, decorative hardwood plywood and veneer (under 6mm thick), waferboard and other structural

composite boards, insulation board and hardboard.

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Growing deforestation leading to global warming has spurred the demand for efficient timber utilization, in turn

driving the global wood based panels market. Technological advancements and increased efficiency in

manufacturing of wood based panels is expected to bolster the demand for wood based panels. On the other hand,

rapid increases in the cost of petroleum-based fuels and products continue to escalate the production and marketing

costs of wood-based panel products, in turn hindering its growth.

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Anticipated changes in incorporating newer definitions of structural-use panels by American Plywood Association is

expected to...