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The North America plywood market reached a volume of 14.15 Million Cubic Meters in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Plywood is an engineered wood product made from three or more thin sheets of wood also known as 'plies'. These plies are glued together to form a thicker, flat sheet to form plywood. Due to the way the direction of each layer's grain is alternated in relation to adjacent layers, plywood becomes considerably stronger than some other wood-based sheet products, such as medium density fiberboard (MDF). It is also an economical, factory-produced sheet of wood with precise dimensions that does not warp or crack with changes in atmospheric moisture. These properties make plywood a versatile material with a huge range of applications ranging from wall and floor covering to molds for concrete structures, designer furniture to packaging.
North America plywood market is currently being driven by several factors. Based on the versatility, dimension stability, strength, stiffness and durability of plywood, it is employed for various structural and constructional purposes. It is used in concrete shuttering, boat-making, light partitions and external walls, flooring systems etc. Apart from this, an increasing number of residential and commercial spaces has also driven its demand in the region. Moreover, recent technological advancements have resulted in the introduction of new plywood variants with improved features, such as flexible plywood. In addition to this, plywood exhibits excellent resistance to a wide range of chemicals, making it suitable for industrial applications, thereby, catalyzing the market growth.
IMARC Group’s latest report provides a deep insight into the North America plywood market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America plywood market in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America plywood market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on application and sector.
|Base Year of the Analysis||2020|
|Units||Million Cubic Meters|
|Segment Coverage||Application, Sector, Country|
|Countries Covered||United States, Canada|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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