North American wood products (softwood lumber, oriented

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Dublin, July 28, 2021 (GLOBE NEWSWIRE) — The “North America Wood Products Market (Softwood Lumber, Oriented Strand Board and Plywood): Insights and Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to from ResearchAndMarkets.com offer.

The North American wood products market is expected to reach US$229.27 billion by 2025, growing at a CAGR of 6.75% over the period 2021-2025.

Factors such as population growth, escalation of new residential construction, wide availability of forest reserves, growing demand for wooden furniture in offices, and growing inclination of the population towards home repair and renovation would drive the market growth.

However, growth would be challenged by fluctuations in North American softwood lumber prices and the increasing availability of alternatives to wood products. Notable trends include an accelerating preference for engineered wood, an upsurge in housing starts, increasing investment in tourism infrastructure development and renovations, and a recovery in wood product manufacturing.

Based on type, demand for North American wood products can be divided into two categories: softwood lumber and engineered wood products (EWP).

The fastest growing market in the region is the United States, due to the growing inclination of the population towards home repair and renovation, a rebound in new residential construction, the strong presence of forest reserves in the region, the increase in disposable income and the boom in timber. manufacture of products due to the aesthetic properties of wood and the perception of wood as an environmentally friendly material.

Additionally, the sudden outbreak of COVID-19 is negatively disrupting the business environment, affecting the production and consumption of wood products, resulting in slower growth of the North America wood products market.

The competitive landscape of the market, along with company profiles of key players (Weyerhaeuser Company, West Fraser Timber Co. Ltd., Canfor Corporation, Louisiana-Pacific Corporation, Interfor Corporation, and Conifex Timber Inc.) are also presented in detail.

Main topics covered:

1. Market Overview
1.1 Introduction
1.2 Categorization of wood products
1.3 Simplified classification of wood products
1.4 Main types of wood products
1.5 Wood manufacturing process
1.6 Lamination of softwood lumber
1.7 Advantages of wood products
1.8 Applications of oriented strand board by thickness

2. Impact of COVID-19
2.1 Decline in raw wood consumption
2.2 Decline in construction activities
2.3 Reduction in global real estate investments
2.4 Fall in furniture store sales
2.5 Decrease in North America OSB Shipments

3. North America Market Analysis
3.1 North America Wood Products Market by Value
3.2 North America Wood Products Market Forecast by Value
3.3 North America Wood Products Demand Volume
3.4 North America Wood Products Demand Volume Forecast
3.5 North America Wood Products Demand by Type
3.5.1 North America Demand for Lumber by Volume
3.5.2 North America Lumber Products Demand Forecast by Volume
3.5.3 North America Lumber Products Demand Volume by End Use
3.5.4 North America Lumber Products Demand Volume Forecast by End Use
3.5.5 North America Engineered Wood Products Demand by Volume
3.5.6 North America Engineered Wood Products Demand Forecast by Volume
3.5.7 North America Engineered Wood Products Demand by Type
3.5.8 North America Oriented Strand Board Wood Products Demand by Volume
3.5.9 North America Oriented Strand Board Wood Products Demand Forecast by Volume
3.5.10 North America Oriented Strand Board Wood Products Demand Volume by End Use
3.5.11 North America Oriented Strand Board Wood Products Demand Volume Forecast by End Use
3.5.12 North America Plywood Products Demand by Volume
3.5.13 North America Plywood Products Demand Forecast by Volume
3.5.14 North America Plywood Products Demand Volume by End Use
3.5.15 North America Plywood Products Demand Volume Forecast by End Use
3.5.16 North America Other Engineered Wood Products Volume Demand
3.5.17 North America Other Engineered Wood Products Demand Forecast by Volume
3.6 North America I-Joists Production by Volume
3.7 North America Laminate Veneer Production by Volume
3.8 North America Medium-Density Fibreboard Production by Volume
3.9 North America Timber Demand by Countries
3.10 North America Oriented Strand Board Demand by Countries
3.11 North America Plywood Demand by Countries

4. National market analysis
4.1 The United States
4.1.1 United States Lumber Products Demand Forecast by Volume
4.1.2 United States Lumber Products Demand Volume by End Use
4.1.3 United States Oriented Strand Board Wood Products Demand Forecast by Volume
4.1.4 United States Oriented Strand Board Wood Product Demand Volume by End Use
4.1.5 United States Plywood Products Demand Forecast by Volume
4.2 Canada

5. Market dynamics
5.1 Drivers of growth
5.1.1 Population growth
5.1.2 Increase in new residential construction
5.1.3 High availability of the forest reserve
5.1.4 Increase in demand for wooden furniture in offices
5.1.5 Increase in disposable income
5.1.6 Growing inclination towards home repair and renovation
5.2 Key Trends and Developments
5.2.1 Acceleration of preference for engineered wood
5.2.2 Rise in housing starts
5.2.3 Growing investment in the development and renovation of tourism infrastructure
5.2.4 Boom in wood product manufacturing
5.2.5 Growing Adoption for Biomass Energy Generation
5.3 Challenges
5.3.1 North American Softwood Lumber Price Fluctuations
5.3.2 Growing availability of alternatives

6. Competitive Landscape
6.1 North American Market
6.1.1 Major Players Revenue Comparison
6.1.2 Major Players Market Cap Comparison
6.1.3 North America Lumber Market Share by Major Players
6.1.4 North America Oriented Strand Board (OSB) Market Share by Major Players
6.1.5 North America Plywood Market Share by Major Players

7. Company Profiles
7.1 Company Overview
7.2 Financial overview
7.3 Business Strategies

  • Canfor Corporation
  • Conifex Wood Inc.
  • Interfor Corporation
  • Louisiana-Pacific Corporation
  • West Fraser Timber Co. Ltd.
  • Weyerhaeuser Company

For more information on this report, visit https://www.researchandmarkets.com/r/wg2wru


        
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