Construction Wood Manufacturing: Global Markets to 2022
NEW YORK, July 23, 2018 /PRNewswire/ -- Report Scope
This research report categorizes the construction wood market by type include wood window and door manufacturing, cut stock, resawing lumber, and planing and other millwork.
Read the full report: https://www.reportlinker.com/p05476787
Report Includes
- 94 data tables
- Country specific data and analysis for USA, Brazil, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, and South Africa
- Assessment of the global market and future demand growth of the construction wood manufacturing industry
- Discussion about the main industry drivers and opportunities with detailed focus on the current and future trends
- Insight into the government initiatives, regulatory bodies and major associations representing construction wood manufacturing industry
- Company profiles of major players in the market, including Andersen Corp., Canfor Corp., Georgia-Pacific Llc, Jeld-Wen Holding, Inc. and Masonite International Corp.
Summary
Global construction wood products market outlook is positive with growth potential for dimension lumber, studs and other cut stocks and other lumber products.There is mounting pressure to increase investments and improve quality of construction wood products.
At the same time, emerging market growth, increasing investments, rapid urbanization and rising population is driving the demand for construction wood products market.
The construction wood market reached a value of nearly $REDACTED billion in 2017 and is expected to growat a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2022.The construction wood market is fragmented with a few large players dominating the market.
Major players in the market are Andersen Corporation, Canfor Corporation. Georgia-Pacific LLC, JELD-WEN Holding, Inc. and Masonite International Corporation.
Wood window and door manufacturing accounted for the largest share of the construction woodmarket in 2017 at $REDACTED billion.The highest growth is also projected to come from cut stock, resawing lumber, and planing which is forecasted to grow at a CAGR of REDACTED%.
Major factors included rapid urbanization in emerging markets, government investments in affordable housing and low mortgage rates.
Asia Pacific is the largest construction wood market, accounting forREDACTED% of the global market.It wasfollowed by North America and Western Europe region.
Going forward, North America is expected towitness the fastest growth in the construction wood market, estimated at grow at a CAGR of REDACTED%, followed by the Middle East which is expected to grow at a CAGR of REDACTED%.China is the largest market in terms of value and in the construction wood market.
The USA and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively. The market is challenged by restraints such as rising trade protectionism and alternatives to wood products.
Read the full report: https://www.reportlinker.com/p05476787
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