Plywood Industry Overview

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Plywood Industry Overview

Мнениеот upamfva на Съб Сеп 10, 2022 3:08 am

Plywood Industry Overview


According to Global Industry Analysts, the global plywood market is valued at almost $50 billion in 2020 and is projected to reach $84.5 billion by 2027, growing at a CAGR of 7.9%. Continued development in countries such as India and China is helping drive growth for plywood manufacturers, with China alone expected to account for over $20 billion of the global market by 2027. The US is also one of the plywood industry’s largest markets, valued at over $13 billion this year and expected to grow by 5.6%. While APAC holds the highest share of the market, the Middle East and Africa is also a key region due to spending by private and public companies on commercial developments.To get more news about Medium density fibreboard, you can visit boosterplywood.com official website.

There are many different types of plywood, including softwood and hardwood plywood, tropical plywood, decorative plywood, flexible plywood, and marine plywood. It is used in applications such as furniture manufacturing, interior decoration, and engineering and construction, for both residential and commercial projects.
The global plywood market is a fragmented one, with numerous plywood companies of all sizes competing for their share of the industry. The top plywood brands are scattered around the world, from India and Malaysia to the US and Canada. Players compete on the basis of product innovation and price, making it a competitive market to operate in with no one company controlling a substantial share of it.
Georgia-Pacific is the corporation behind leading consumer brands such as Brawny, Quilted Northern, and Dixie. However, it is also a top plywood manufacturer and producer of other construction materials. With over 300 locations around the world, Georgia-Pacific produces plywood, oriented strand board (OSB), gypsum products, and lumber for residential and commercial construction. It’s one of the largest wood products manufacturers in North America and operates 38 plants in the US and Canada.

UPM operates in the paper and forest products industry to produce renewable and sustainable products and solutions. It does business worldwide through six units: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. UPM uses wood fibers, molecules, residues, and side streams to produce renewable and sustainable products in its production facilities located in 12 countries around the world. The company sells its plywood and veneer products under the WISA brand, which employs 2,400 workers in 8 factories across Europe.

In operation for 120 years, Weyerhaeuser is a US forest products company with a focus on sustainability and the environment. The organization manages millions of acres of forest for multiple uses, including recreation, conservation, economic development, and renewable energy. Weyerhaeuser produces a range of wood products that include lumber, OSB, plywood, and fiberboard. Its plywood products come in multiple types, grades, and sizes, as well as high-performance, lightweight, and aesthetic properties.

Boise Cascade is a North American building materials company, manufacturing and distributing engineered wood products, panels, and lumber for the residential and commercial construction industry. The company has 38 branches across the US and 15 mills in North America, earning $1.28 billion in wood products sales in 2019 and making it one of the largest Plywood manufacturers in the US. Boise Cascade also distributes construction products such as metal, cement, decking, and other materials.

CenturyPly is one of India’s top plywood manufacturers, offering multi-use plywood and decorative veneers to residential and commercial customers. With a plywood manufacturing capacity of 239000 CBM, the company produces flexible and fire-retardant plywood products for a number of construction applications.

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