Openpr – Global Plywood MarketPlywood is manufactured from softwoods, hardwoods, and a combination of both. It consists of the face and back core. The plies are glued together by strong adhesives such as urea-formaldehyde resin or phenol. Plywood is widely used as a building material due to its useful properties such as strength, recyclability, and others. It is an economical, factory-produced sheet of wood with precise dimensions that do not crack or wrap with the changes in atmospheric moisture.

The applications of plywood in the construction industry include formation of light partition or external walls, to make framework or mold for wet concrete, for manufacturing light doors and shutters, to produce furniture such as cupboards, kitchen cabinets, and others. Moreover, plywood finds application in various non-construction industries which include upholstered furniture, materials handling, truck trailers, packaging, and other applications.

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Plywood is manufactured using thin layers or sheets of wood bonded and veneer bound with adhesives. Plywood is commonly used as an alternative to plain wood attributing to its properties such as twisting, resistance to shrinking, and splitting.

Softwood plywood is manufactured by combining various sheets of dry softwood surfaces with adhesives. Softwood plywood is used for roof decking, wall siding, concrete product type boards, floors, sheathing, and containers. Whereas, hardwood plywood is used or manufacturing architectural millwork, furniture, cabinets, paneling, flooring, doors, store fixtures, and interior products.

Detailed Segmentation:

Global Plywood Market, By Product Type:
Hardwood Plywood
Softwood Plywood
Decorative Plywood
Tropical Plywood
Others (Flexible Plywood, etc.)

Global Plywood Market, By Application:
Others (Musical Instruments etc.)

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Key companies covered as a part of this study include Atlantic Plywood Corporation, Greenply Industries Ltd., Weyerhaeuser Company, Ainsworth LumberCo. Ltd., Roseburg Forest Products Co., Century Plyboard(India) Ltd, Boise Cascade LLC, Eksons Corp. Bhd., Uniply Industries Ltd., and Georgia-Pacific Corporation

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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