Report: Wood-Based Panel Market To Exceed $35 Billion By 2023

Wood based panel market size was valued over USD 16 billion in 2015 and is anticipated to grow at CAGR of over 13% and exceed USD 35 billion by 2023.

In 2014, China wood based panel market accounted for more than 50,000 products for manufacturing and trading enterprises, employing more than 10 million workforce and generating an output of USD 155 billion. The utilization by these enterprises exceeds 520 million and the value of exports was USD 75 billion in 2014. However, the sector suffers from a poor image due to quality scandals. In 2015, Italy has recorded gain of 7%, with an optimistic business climate for the third consecutive quarter.

China exported 5.8 million tons of wood based panels which cost around USD 5,813 million in 2014, growing at a CAGR of 15% over the previous year. China trades with the U.S., where it exports around 15% of its total panel, accounting for 55% of the U.S. total imports. One of the challenges that both the North American and European panel makers are facing is the increasing imports from China.

Increasing deforestation has lead towards the global warming which has boosted the demand growth for efficient and effective utilization of timber. This is expected to fuel the industry demand over the forecast period. In addition, technological innovation and advancement along with the mounting efficiency in manufacturing is likely to bolster the demand from 2016 to 2023.

Modernization in infrastructure and rapid industrialization in developing economies of Asia Pacific is likely to be a chief industry driver for the global wood based panel market over the next few years.

From SATPRNews.com: https://satprnews.com/2016/12/13/wood-based-panel-market-size-to-exceed-usd-35-billion-by-2023-global-market-insights-inc/

Oregon’s Rosboro Announces Sale Of Wood Products Plants

Oregon’s Rosboro Announces Sale Of Wood Products Plants

 

Wood products manufacturer Rosboro of Springfield on Tuesday announced that it has sold its manufacturing business to Wynnchurch Capital, an Illinois-based investment firm. The sale for an undisclosed amount involves seven manufacturing plants in Oregon, including Rosboro’s main facility at South 28th and Main streets in Springfield.

Wynnchurch Capital, based in Rosemont, Ill., describes itself as a “value-oriented, operationally focused private equity firm that specializes in complex transactions in the U.S. and Canada.”

Last month, Rosboro announced that it had sold its 95,000 acres of timberlands to an investment group managed by Campbell Global, a Portland-based investment firm. Rosboro also declined to disclose the sale price of that deal. Wynnchurch Capital owns 19 companies, according to its website, including manufacturing, building materials and transportation firms.

In a joint press release with Rosboro, Wynnchurch Partner Ian Kirson said, “We are excited to partner with the management team of Rosboro to continue the company’s track record of customer service, quality and innovation. Rosboro has a bright future, and we look forward to supporting the company’s growth.”

Rosboro Chief Executive Scott Nelson said, “Wynnchurch has an outstanding reputation for supporting growth and providing management teams with strategic guidance that fits perfectly into the company’s focus for the future.”

From The Register-Guard

 

Latest News

Egger Plans Third TFL Line

Egger Wood Products will invest $20 million for an additional thermally fused laminate (TFL) production line at the company’s sole U.S. location in Lexington, NC. The company’s Supervisory Board announced the investment, part of completion for Phase I work at the site, after visiting the U.S. plant for its…

Peak Renewables Hires Scott Bax

Peak Renewables Ltd., an emerging, innovative, opportunity-driven company focused on growing the forest economy with sustainably sourced and renewable energy products, is pleased to announce that Scott Bax has been appointed as Chief Executive Officer, effective December 20, 2021.‬..

Build Back Better Awards Oregon Group

Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass Timber Modular Manufacturing Facility at Marine Terminal 2 in Portland…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Freres Lumber Unveils MPP, Adding Plant In 2017

Freres Lumber Unveils MPP, Adding Plant In 2017

Capitalizing on the current interest in building large-scale wooden buildings and more multi-story wooden structures, longtime Oregon plywood and veneer producer Freres Lumber has introduced the “Mass Plywood Panel” (MPP), a veneer-based engineered wood product that’s been more than a year in development while being tested and refined in conjunction with Oregon State University.

Calling the MPP the “first veneer-based product of this size and scale that’s been proposed to the marketplace,” Freres Lumber Executive Vice President Rob Freres says the MPP development represents the kind of innovative investment required to differentiate the company, add value and stay on the leading edge of product development and new technology.

Freres Lumber is adding an MPP plant near its Lyons, Ore. veneer plant and its Mill City, Ore. plywood plant. The facility is starting with a scarfing line and test press in early 2017, with a building planned for completion by late third quarter and commercial production to begin by late 2017.

“This will allow us to test panels and gain certification,” Freres says, adding he believes MPP will qualify under LVL and CTL standards.

A week after announcing the new product, Freres reps displayed MPP at the North American Wholesale Lumber Assn.’s Trade Market trade show in Las Vegas in late October. In a blog post on Freres Lumber’s web site, plywood sales rep Bob Maeda noted an “overwhelming response” to the product.

He added that Freres officials had “great discussions with many industry experts about product opportunities” that include crane mats, large cross-laminated timber (CLT) -like floor panels, solid wall panels, concrete forming applications, solid structural columns, scaffold planking, long length scarfed panels, furniture applications and more. “We have had a lot to digest and think about, but the opportunities seem to be many, and that is the exciting part,” Maeda posted.

Freres says the MPPs can be produced in dimensions up to 12 ft. wide, 48 ft. long and 12 in. thick. He believes a veneer-based mass building panel is more appropriate than the lumber-based CLT mass panel because defects are more easily removed during veneer production, and early research shows MPPs may reach the same strength values as CLT but using 20%-30% less raw material.

In addition, he says, the veneer layup process gives the MPP more engineering flexibility when it comes to meeting customer needs. MPP’s relative lightness, plus the aesthetic aspects of veneer add to MPP’s competitive benefits, Freres believes.

Moving ahead, Freres says, “We’re going to be testing a lot of different combinations and veneer thicknesses.” He believes MPP will be able to match the properties that engineers, builders and architects are looking for but with less raw material.

“It’s really exciting,” Freres says. “We’re looking at a multitude of different types of products, and it’s really a way to diversify and not be so reliant on standard commodity products.”

RELATED ARTICLES

PANEL WORLD SEPTEMBER 2020

FRERES HAS TAIHEI HORIZONTAL PRESS GOING

 

Latest News

The Martins Do It Again

Nearly ninety-five years after Roy Otis Martin purchased Creston Lumber Mill in Alexandria, Louisiana for $32,000 and renamed it Roy O. Martin Lumber Company, the Martins have started up a $280 million Greenfield oriented strandboard plant in Corrigan, Texas…

Arauco-Grayling Is Paving The Way

As of the end of August, Arauco reported 1,526,355 total project hours completed since April 2017 at its particleboard plant under construction in...

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Tallest Timber Building In The U.S. Opens Its Doors

The seven-story T3 tower features 220,000 square feet of prefabricated CLT timber panels and nail-laminated timber cladding.

It became the largest timber building in the U.S. when it opened Wednesday in Minneapolis. Designed by Vancouver-based Michael Green Architecture and Architect-of-Record DLR Group, the office building is named T3, which stands for Timber, Technology, and Transit.

“As businesses compete to attract and retain staff, T3 offers a modern re-interpretation of the historic building that appeals to young professionals,” says Architect Michael Green. “It celebrates the robust character of historic wood, brick, stone and steel buildings, but provides state of the art amenities, environmental performance, and technical capability needed for competitive businesses in Minneapolis.”

In addition to being constructed of sustainable lumber, the building will sequester about 3,200 tons of carbon.

StructureCraft, who worked on the project, said the building, which resembles nearby historic warehouses in the district, features a structural system around a fifth of the weight of a similarly sized concrete building. StructureCraft says it was able to construct the 180,000 square feet of timber required in less than 10 weeks.

From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/tallest-timber-building-us-opens-its-doors?ss=news,news,woodworking_industry_news,news,almanac_market_data,news

New Prototype Plywood Panels May Be World’s Largest

A new massive plywood building panel developed by an Oregon company and tested at Oregon State University may be the largest such product ever manufactured.

Builders are familiar with standard plywood sheets that measure 4-feet wide, 8-feet long and between a quarter-inch and more than one-inch thick. The new panels made by the Freres Lumber Company of Lyons, Oregon, can be as much 12-feet wide, 48-feet long and 2-feet thick.

The company announced its new panels in October, capping more than a year of development and performance testing at Oregon State’s Advanced Wood Products Laboratory. “The results look very promising,” said Ari Sinha, assistant professor in OSU’s College of Forestry, who oversaw the tests. “This is a unique product with the potential for creating jobs in rural Oregon.”

Versatility is one of the benefits of the product known as a Mass Plywood Panel (MPP). “These panels can be customized for different applications. Because they have very good compression qualities, they could be used for columns as well as panels,” said Sinha. The veneer manufacturing process enables manufacturers to orient wood grain and to distribute the defects found in smaller trees, such as knots, in a way that maintains the strength of the final product, Sinha added.

Tests in Sinha’s lab focused on the panels’ structural and physical properties such as density, adhesive bonding and resistance to the kinds of vertical and horizontal stresses experienced in an earthquake. Additional tests are planned after the first of the year. Mass Plywood Panels can achieve the performance characteristics of a similar product known as Cross Laminated Timber panels with 20 to 30 percent less wood.

From Phys.org: https://phys.org/news/2016-11-prototype-plywood-panels-world-largest.html

Free Carbon Calculator Shows How Much CO2 Wood Construction Saves

WoodWorks, a proponent of large-scale wood construction in the U.S., launched an updated version of its free carbon calculator, adding more options for buildings made from cross-laminated timber (CLT) and other mass timber products. The addition reflects rising interest in large scale wood building construction.

WoodWorks, which receives finding from the U.S. Department of Agriculture as well as timber companies and forest products manufacturers, promotes use of wood products as a means to store carbon, instead of building materials such as cement and steel that require fossil fuel energy to manufacture, a move that can help reduce greenhouse gases.

“The carbon calculator is a useful tool for building owners and designers who’d like to gain insight on the environmental value of alternate designs,” said Bill Parsons, Senior National Director of the Architectural & Engineering Solutions Team at WoodWorks. “It also provides information that allows them to express the carbon benefits of their wood building projects.”

To calculate the carbon benefits of a wood building, users access the carbon calculator at www.woodworks.org/carbon-calculator and enter nominal wood volume information. The calculator then estimates:

• How much time it takes U.S. and Canadian forests to grow that volume of wood
• The amount of carbon sequestered in the wood products, and
• Greenhouse gas emissions avoided by not using more fossil fuel-intensive materials.
• It also uses the U.S. Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator to equate the total carbon benefit to number of cars off the road and home operational energy.

From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/free-carbon-calculator-shows-how-much-co2-wood-construction-saves?ss=news,news,woodworking_industry_news,news,almanac_market_data,news