North America Plywood Market Report 2022: Industry Trends, Share, Size, Growth, Opportunities and Forecasts to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "North America Plywood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The North America plywood market size reached 14.5 Million Cubic Meters in 2021. Looking forward, the market to reach 17.6 Million Cubic Meters by 2027, exhibiting a CAGR of 3.28% during 2021-2027.

Plywood is an engineered wood product made from three or more thin sheets of wood also known as 'plies'. These plies are glued together to form a thicker, flat sheet to form plywood. Due to the way the direction of each layer's grain is alternated in relation to adjacent layers, plywood becomes considerably stronger than some other wood-based sheet products, such as medium density fiberboard (MDF).

It is also an economical, factory-produced sheet of wood with precise dimensions that does not warp or crack with changes in atmospheric moisture. These properties make plywood a versatile material with a huge range of applications ranging from wall and floor covering to molds for concrete structures, designer furniture to packaging.

North America plywood market is currently being driven by several factors. Based on the versatility, dimension stability, strength, stiffness and durability of plywood, it is employed for various structural and constructional purposes. It is used in concrete shuttering, boat-making, light partitions and external walls, flooring systems etc.

Apart from this, an increasing number of residential and commercial spaces has also driven its demand in the region. Moreover, recent technological advancements have resulted in the introduction of new plywood variants with improved features, such as flexible plywood.

In addition to this, plywood exhibits excellent resistance to a wide range of chemicals, making it suitable for industrial applications, thereby, catalyzing the market growth.

Key Questions Answered in This Report:

• How has the North America plywood market performed so far and how will it perform in the coming years?
• What are the key regions in the North America plywood market?
• What has been the impact of COVID-19 on the North America plywood market?
• What is the breakup of the North America plywood market on the basis of application?
• What is the breakup of the North America plywood market on the basis of sector?
• What are the various stages in the value chain of the North America plywood industry?
• What are the key driving factors and challenges in the North America plywood industry?
• What is the structure of the North America plywood industry and who are the key players?
• What is the degree of competition in the North America plywood industry?
• What are the profit margins in the North America plywood industry?

For more information about this report visit https://www.researchandmarkets.com/r/si2cvr