Apr 02, 2020 (HTF Market Intelligence via COMTEX) -- Advance Market Analytics released the research report of Global Engineered Hardwood Market , offers a detailed overview of the factors influencing the global business scope. Engineered Hardwood Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Engineered Hardwood. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Celulosa Arauco y Constitucin (Chile),Boise Cascade Company (United States),Lowe's Companies, Inc. (United States),Roseburg Forest Products (United States),Weyerhaeuser (United States),Georgia Pacific Wood Products, LLC (United States),Universal Forests Products, Inc. (United States),Huber Engineered Wood LLC (United States),CST Timber Co (United States),Rockshield Engineered Wood products ULC (United States).
Engineered hardwood is also called as composite wood. It is consist of several wood products by joining veneers, fibers, particles and strands of wood with adhesives to form a man-made composite material. The global engineered hardwood market has been on a high growth on account of the environment-friendly nature as well as extraordinary sustainability of the products. There are various applications of engineered hardwood in both residential as well as non-residential construction sectors.
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Market Trends: Rise in Demand for Engineered Timber
Increased Import of Raw Wood
Market Drivers: Owing To High Disposable Income
High Demand Due To It Can Be Designed As Per the Demand and Custom Specifications
Restraints: Threats of Substitutes such as Natural Wood, Plastic, PVC and Many Others
Difficult Installments of Hardwood Floors
Challenges: Comparatively More Durable than the Conventional Wood and Wood Products
Adverse Environmental Challenges Hampering the Demand for Wooden Bi-products
The Global Engineered Hardwood Market segments and Market Data Break Down are illuminated below:by Type (Plywood, Laminated veneer, I-beams, Glulam, Oriented strand boards, Fiberboard, Cross laminated Timber), Application (Residential, Non-residential), Distribution Channel (Online, Offline)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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