Wood Based Panel Market

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Wood Based Panel Market - Forecast(2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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• Wood Based Panel market size is forecast to reach
  US224.8 billion by 2026, after growing at a CAGR
  of 6.5 during 2021-2026. The Wood Based Panel
  products are flat, sometimes curved, sheets made
  from wood-based materials that are bonded
  together with synthetic adhesives such as
  urea-formaldehyde adhesives, and
  phenol-formaldehyde resins.
• Low product cost coupled with superior properties
  including strength and durability is the key
  factor driving the demand for wood-based panels
  for ceiling, cladding, roofing, flooring and
  furniture applications. The market is witnessing
  an increase in demand, due to the construction
  industry's growth, where the product finds
  extensive applications.

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Key Takeaways

• Asia Pacific dominates the Wood Based Panel
  market, owing to the growing uses of wooden
  panels in construction activities, furniture, in
  countries such as China, India, and Japan.
• According to FAOs forest product statistics in
  2018, global Wood Based Panel production reached
  408 million m³, a 1 percent increase over the
  previous year (404 million m³) and a 9 percent
  increase over the observed period. Wood-based
  panels is the product category that saw fast
  growth in production, owing to the rapid and
  consistent growth in the Asia-Pacific region

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• By Distribution Channel- Segment Analysis
• The Particle wood segment held the largest share
  of 33in the Wood Based Panel market in 2020.
  Particle Board is a composite panel product
  consisting of cellulosic particles of various
  sizes that are bonded together with synthetic
  adhesives under heat and pressure. Particle Board
  has excellent machining characteristics, which is
  important when post-forming high pressure
  laminate countertops. Particle Board is used
  extensively in residential kitchens, playing a
  role in cabinets, shelving, countertops and floor
  underlayment.

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• Wood Based Panel Market  
• Industry Outlook 
• Ocean Spray Cranberries Inc.
• Sunkist Growers Inc.
• Nestle
• Citrus World
• Tampico Beverages
• Welch Foods Inc
• Suntory Holdings Ltd.
• Del Monte Foods
• Pepsi Co.

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Wood Based Panel Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Wood-based-P
anel-Market-Research-503072
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /pdfdownload.php?id503072

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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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