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(Construction.IndustryNews247.Com, September 12, 2018 ) Manufactured wood product establishments manufacture veneer, plywood, engineered wood members and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards.
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The global manufactured wood materials market has shown rapidly high growth in the past years with a CAGR of a staggering 11%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the manufactured wood materials market to grow at a bit lower CAGR by 2021 as compared to 2017, although that will not
change the market value and ROI.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=81&type=smp
Valuation of this industry as on 2017 was about $300 billion. This is mainly due to rising demand for durable wooden flooring and roofs. Moreover, in the forecast period technological advances such as cross-laminated timber (CLT) and MDF recycling are expected to fuel the demand for
manufactured wood.
TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=81&type=discount
Companies included in the report are Georgia-Pacific Corporation, Weyerhaeuser Company, Celulosa Arauco Constitución, Norbord Inc. and RLC Industries Co.
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