Plywood Market Report: Share, Size, Growth, Key Players, Industry Trends and Opportunities 2021-26
Plywood refers to an engineered wood which is produced from various layers of thin wood veneer. These layers are glued together using wood grains of adjacent layers that are rotated at a 90O angle. On account of several advantages such as reusability, flexibility, high strength, easy installation as well as resistance to moisture, chemical and fire, plywood finds extensive application in roofing, flooring, furniture, doors, interior walls and external cladding. Moreover, plywood is also used as a substitute of other wood boards owing its enhanced quality and strength. A new research report titled “Plywood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” by IMARC Group estimates that the global plywood market reached a value of US$ 46.5 Billion in 2020. Looking forward, IMARC Group expects the global plywood market to exhibit moderate growth during the next five years. Some of the key players include GP Strategies Corpo...