Recovering Housing Sector in Developed Countries Drives the Wood Panels Market, According to an Upcoming Report by Global Industry Analysts, Inc.

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GIA initiates research coverage on the global “Wood Panels” market, as part of its ongoing multiple research projects on diverse industries. The soon to be released report identifies recovering housing sector in developed countries, rapid urbanization & public infrastructure spending in developing countries, as primary growth drivers in the market.

Wood Panels: A Global Multi-Client Research Initiative

Follow us on LinkedIn – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Wood Panels”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your input prior to the publication, please click here.

An indispensable architectural product widely used for decorative purposes in claddings, floorings, roof sheathing, internal linings, ceilings, and construction, wood panels are witnessing steady demand supported by a stable construction industry worldwide. Strong construction and housing activity in Asia-Pacific, and improving building renovation projects in North America and Europe are driving demand for wood panels. The market also stands to benefit from research developments in wood engineering, availability of innovative adhesives formulated for bonding all types of wood, and refinement of manufacturing processes. Breakthrough innovation in surface wettability and wood plasticization is helping improve the performance of wood panels. Poised to score the highest gains are products featuring both environmental and performance benefits such as advanced moisture resistance, and impact resistance, among others. Rising concerns over indoor air quality is driving the popularity of formaldehyde free composite wood products. Development of novel adhesive resin technologies will help manufacturers conform to emission norms by reducing formaldehyde emission from composite panels. Growing concerns over large scale deforestation, global climate change, and strict regulation of the forest products industry is triggering the popularity of synthetic wood panels. Engineered wood and composite wood are therefore poised to witness strong demand in the coming years largely at the expense of natural wood panels. Rising low cost imports from China is triggering intense competition in the international market. Oriented Strand Board (OSB) is emerging as replacement for plywood in both construction and housing industries. Cheaper costs and easy installation benefits are spurring demand for ready-to-use wood panels in construction and remodelling activities.

The upcoming report will offer coverage on major companies including Ainsworth Lumber Company, Canfor Corporation, Duratex SA, J.M. Huber Corporation, West Fraser Timberland Inc., and Weyerhaeuser Company, among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges.
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate market estimates, projections, and forecasts across product segments (Particleboard (Including Oriented Strand Board), Plywood, Medium Density Fiberboard, and Other) and major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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