Authored By: Sarah
11 Feb 2022

Engineered Wood Products Market Growth Analysis | Increase in residential and commercial construction will drive growth

Trends, Drivers and Vendor Forecasts for 2021-2025

Accelerating at a CAGR of 6%, the engineered wood products market is expected to post an incremental growth of 6985.34 mn ft3 over the next five years. Boise Cascade Co., Celulosa Arauco y Constitucion SA, J M Huber Corp., Louisiana-Pacific Corp., Lowes Companies Inc., Patrick Industries Inc., Raute Corp., Roseburg Forest Products Co., West Fraser Timber Co. Ltd., and Weyerhaeuser Co. are among the key market players.

The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Engineered Wood Products Market: Market Segments and Key Trends

The Engineered wood products market is segmented by Type (Structural wood I-beams, Glued laminated timber, LVL, and Others) and Geography (Europe, North America, APAC, MEA, and South America). Europe led the market with 31% of the market growth set to originate from this region during the forecast period.

High volatility in raw material prices is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Engineered Wood Products Market: Top Drivers to Boost Demand

Increasing residential and commercial construction is one of the primary factors driving the growth of the engineered wood products market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Engineered Wood Products Market| Trends, Drivers and Vendor Forecasts for 2021-2025

Key Focus Areas in Our Reports:

  • Engineered Wood Products Market Split by Type
    • Structural wood I-beams
    • Glued laminated timber
    • LVL
    • Others
  • Engineered Wood Products Market Split by Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Boise Cascade Co.
  • Celulosa Arauco y Constitucion SA
  • J M Huber Corp.
  • Louisiana-Pacific Corp.
  • Lowes Companies Inc.
  • Patrick Industries Inc.
  • Raute Corp.
  • Roseburg Forest Products Co.
  • West Fraser Timber Co. Ltd.
  • Weyerhaeuser Co.

Browse through some of other related market research reports for more insights:

  • Plywood Market: The plywood market is expected to grow by $ 11.27 billion, decelerating at a CAGR of almost 4.15% during the forecast period.
  • Particle Board Market: Particle board market is set to post an incremental growth of $ 6.00 bn during 2022-2026. The market will be progressing at a CAGR of 4.88% during the forecast period.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 6%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by 6985.34 mn ft3 through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing residential and commercial construction will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    31% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Boise Cascade Co., Celulosa Arauco y Constitucion SA, J M Huber Corp., Louisiana-Pacific Corp., Lowes Companies Inc., Patrick Industries Inc., Raute Corp., Roseburg Forest Products Co., West Fraser Timber Co. Ltd., and Weyerhaeuser Co.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Structural wood I-beams, Glued laminated timber, LVL, and Others) and Geography (Europe, North America, APAC, MEA, and South America)

Engineered Wood Products Market: Top Geographies and Market Highlights

Regional Growth Analysis and Market Trends 2021-2025

The engineered wood products market is set to post an incremental growth of 6985.34 mn ft3, accelerating at a CAGR of 6.41% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


For market insights and a better understanding of the quality of our research: Request for our FREE Sample Report


Engineered Wood Products Market: Europe to lead market growth during the forecast period

  • Based on our Geographical Segmentation, Europe is projected to contribute 31% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the engineered wood products market size
  • One of the key drivers that is likely to drive market growth is the increasing residential and commercial construction. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • The report segments the market by Geography (Europe, North America, APAC, MEA, and South America). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.

Engineered Wood Products Market| Trends, Drivers and Vendor Forecasts for 2021-2025

Engineered Wood Products Market: Vendor Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Boise Cascade Co., Celulosa Arauco y Constitucion SA, J M Huber Corp., Louisiana-Pacific Corp., Lowes Companies Inc., Patrick Industries Inc., Raute Corp., Roseburg Forest Products Co., West Fraser Timber Co. Ltd., and Weyerhaeuser Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. For more insights on this market: Download a Free Sample Report

 

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