Global Laminated Veneer Lumber Market Share, Size, Trends and Forecast 2017-2022
The global laminated veneer lumber market witnessed a significant growth in recent years. The primary factor which has contributed in influencing the market is its structural properties which render it useful for various applications in the residential construction sector.
The global laminated veneer lumber market witnessed a significant growth in recent years. The primary factor which has contributed in influencing the market is its structural properties which
render it useful for various applications in the residential construction sector.
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<strong>Laminated</strong> <strong>Veneer</strong> <strong>Lumber</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>,<br />
<strong>Share</strong>, <strong>Size</strong>, Growth, Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong><br />
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Report Description <strong>and</strong> Highlights<br />
Report Description<br />
<strong>Global</strong> <strong>Laminated</strong> <strong>Veneer</strong> <strong>Lumber</strong> <strong>Market</strong> Accelerated by its Structural Properties <strong>and</strong><br />
Increasing Applications<br />
The global laminated veneer lumber market witnessed a significant growth in recent years. The<br />
primary factor which has contributed in influencing the market is its structural properties which<br />
render it useful for various applications in the residential construction sector.<br />
The latest report by IMARC Group titled, “<strong>Laminated</strong> <strong>Veneer</strong> <strong>Lumber</strong> <strong>Market</strong>: <strong>Global</strong> Industry<br />
<strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>, Growth, Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong>”, finds that the laminated<br />
veneer lumber market reached a value of nearly US$ 2 Billion in 2016, growing at a CAGR of nearly<br />
16% during 2009-2016. <strong>Laminated</strong> veneer lumber, also known as LVL, is an engineering wood<br />
product, used mostly for structural applications. It is made by cementing together rotary peeled or<br />
sliced thin wood veneers under heat <strong>and</strong> pressure, using a powerful waterproof glue. <strong>Laminated</strong><br />
veneer lumber offers high strength, durability with dimensional precision, <strong>and</strong> uniformity.<br />
Moreover, it is a comparatively light-weight timber <strong>and</strong> has an ability to span long distances. In the<br />
commercial market, two sub-types of laminated veneer lumber are available, <strong>Laminated</strong> Str<strong>and</strong><br />
<strong>Lumber</strong> (LSL) <strong>and</strong> Cross-b<strong>and</strong>ed <strong>Laminated</strong> <strong>Veneer</strong> <strong>Lumber</strong>.<br />
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Report Description <strong>and</strong> Highlights<br />
Report Description<br />
Highlights of the global laminated veneer lumber market:<br />
• The increasing dem<strong>and</strong> for laminated veneer lumber in the residential sector<br />
emerges as the biggest dem<strong>and</strong> driver for the growth of its market.<br />
• North America represents the largest market, accounting for the majority of the share.<br />
• The market is expected to reach a value of nearly US$ 4 Billion by <strong>2022</strong>.<br />
The market for laminated veneer lumber is escalated by its structural properties. It is used for<br />
permanent structural applications, such as in the construction of large prefabricated <strong>and</strong> public<br />
buildings, customised wooden houses, product components, <strong>and</strong> industrial warehouses. Recently,<br />
the market for laminated veneer lumber has gained momentum in the United States <strong>and</strong> European<br />
regions, where it is used as a substitute for reinforced concrete or structural steel. Some of its<br />
other major uses include structural framing for residential <strong>and</strong> commercial construction such as<br />
beams, lintels, purlins, joists, truss chords, concrete formwork <strong>and</strong> scaffold boards.Further, the<br />
market is expected to reach a value of nearly US$ 4 Billion by <strong>2022</strong>.<br />
The market is segmented on the basis of major applications of laminated veneer lumber which<br />
include residential <strong>and</strong> commercial. The residential sector is the largest consumer of laminated<br />
veneer lumber. The market is also segmented on the basis of key regions. Some of the major<br />
markets are North America, Asia-Pacific, Europe, Latin America, <strong>and</strong> Middle East <strong>and</strong> Africa.
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
Read full report @ http://www.imarcgroup.com/laminated-vaneer-lumber-market<br />
Amongst these, North America is the largest market, accounting for the majority of the share. An<br />
analysis of the competitive l<strong>and</strong>scape provides the details of the major players operative in the<br />
market. Some of the key players are Clarke <strong>Veneer</strong>s <strong>and</strong> Plywood, Roseburg, Nelson Pine Industries<br />
Limited, <strong>and</strong> Weyerhaeuser.<br />
The report has examined the global laminated veneer lumber market on the basis of:<br />
Major Applications:<br />
• Residential<br />
• Commercial<br />
Key Regions:<br />
• Asia Pacific<br />
• North America<br />
• Europe<br />
• Latin America<br />
• Middle East <strong>and</strong> Africa
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
Key Players:<br />
• Clarke <strong>Veneer</strong>s <strong>and</strong> Plywood<br />
• Roseburg<br />
• Nelson Pine Industries Limited<br />
• Weyerhaeuser<br />
Related Reports:<br />
Cross-<strong>Laminated</strong> Timber <strong>Market</strong> @ http://www.imarcgroup.com/cross-laminated-timbermanufacturing-plant<br />
Plywood <strong>Market</strong> @ http://www.imarcgroup.com/plywood-market
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
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