DUBLIN--(BUSINESS WIRE)--The "Engineered Wood - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Engineered Wood estimated at US$ 16.3 Million in the year 2020, is projected to reach a revised size of US$ 35 Million by 2027, growing at a CAGR of 11.5% over the analysis period 2020-2027.
Plywood, one of the segments analyzed in the report, is projected to record a 10.8% CAGR and reach US$ 9.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Glulam segment is readjusted to a revised 14% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.4 Million, While China is Forecast to Grow at 15.1% CAGR
The Engineered Wood market in the U.S. is estimated at US$ 4.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 7.5 Million by the year 2027 trailing a CAGR of 15% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 10% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.
Oriented Strand Boards Segment to Record 12.8% CAGR
In the global Oriented Strand Boards segment, USA, Canada, Japan, China and Europe will drive the 12% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 2.2 Million in the year 2020 will reach a projected size of US$ 4.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 5.1 Million by the year 2027, while Latin America will expand at a 14.4% CAGR through the analysis period.
Select Competitors (Total 42 Featured):
- A&M Flooring
- ALAMCO Wood Products, LLC
- D.R. Johnson Wood Innovations
- Eagle Plywood Specialties
- FraserWood Industries Ltd.
- Georgia-Pacific Wood Products LLC
- Hardel Mutual Plywood Corporation
- Havwoods
- Huber Engineered Woods LLC
- Natron Wood Products
- Nordic Homeworx LLC
- Pacific Woodtech Corporation
- Patrick Industries, Inc.
- Plywood Co., Ltd
- Roseburg
- Scotch Plywood Company, Inc.
- Sound Wood Products, Inc.
- Weyerhaeuser
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- Engineered Wood Competitor Market Share Scenario Worldwide (in %): 2020E
- Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- Market Analytics
- CANADA
- JAPAN
- CHINA
- EUROPE
- Market Facts & Figures
- Market Analytics
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
IV. COMPETITION
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/o2ajwg
