Engineered Wood Market To Reach $41.3 Billion Globally By 2022

A new report from market research firm Allied Market Research (AMR) projects that the global engineered wood market is estimated to reach $41.273 billion by 2022, growing at a compound annual growth rate (CAGR) of 24.8 percent from 2016 – 2022. North America and Europe, being the developed markets, account for nearly 70 percent of global engineered wood production, while still maintaining high CAGRs.

Engineered wood demand is expected to remain high during the forecast period as it is an alternative to concrete and hardwood. Engineered wood products are widely used by architects, builders, code officials, and building designers aware of energy-efficient framing practices that conserve energy, speed-up construction, cut labor cost, and reduce waste.

“The rising popularity of engineered wood over hardwood is attributable to its cost-effectiveness and eco-friendly aspect,” says AMR research analyst Yogiata Sharma. “Also, stringent regulations with regards CO2 emission and rapid deforestation are factors likely to propel the adoption of engineered wood. Despite the reservations, surrounding its usage due to safety concerns, composite wood has proved to be a huge commercial success.”

The market is expected to move at a higher pace in Europe and North America, owing to high disposable income and widespread awareness of the benefits of engineered wood among the populace. The engineered wood industry in Europe will be driven by the rise in demand for engineered timber, substantial use of resources, and increased import of raw wood from Asia-Pacific and LAMEA.

From Woodworking Network: https://www.woodworkingnetwork.com/news/almanac-market-data/engineered-wood-market-reach-413-billion-globally-2022?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news

Mass Timber: From ‘What The Heck Is That?’ To ‘Wow!’

Mass timber is sprouting up in cities in North America and abroad. After years of feasibility studies and design proposals, buildings six stories or taller constructed primarily from pre-engineered wood products are being considered in cities around the world.

In London, one proposal, called the Splinter, would rise to 100 stories. In Chicago, Perkins+Will (in collaboration with Thornton Tomasetti and the University of Cambridge) has designed an 80-story high-rise with 300 duplex apartments. If built, River Beech—a key component of P+W’s master plan for the Riverline development—would be made almost entirely from mass timber.

So-called “plyscrapers” are still a tiny sliver of nonresidential construction. In the past five years, only 17 buildings seven stories or taller have been completed worldwide, mostly in Europe and Canada. Six more have started construction, according to the American Wood Council.

Mass production of timber for high-rise construction is still in its infancy in North America. Specifying these products in the U.S. faces resistance from insurers, regulators, and code officials. Steel fabricators and concrete suppliers disparage mass timber for taller buildings on the grounds of safety and durability.

Proponents cite the speed at which tall buildings can be constructed using pre-engineered wood and mass timber’s ability to sequester carbon. Joey-Michelle Hutchison, RA, LEED AP BD+C, CSBA, Associate Vice Principal, CallisonRTKL, says, “The role of mass wood is going to grow because of the demand for sustainable design.” Researchers from Yale and the University of Washington, in a study published in the Journal of Sustainable Forestry (March 28, 2014), postulated that using wood substitutes for constructing buildings (and bridges) could save 14–31% of global CO2 emissions.

From Building Design + Construction: https://www.bdcnetwork.com/mass-timber-what-heck-wow

Portland State University Tests CLT’s Seismic Strength

When the 12-story Framework building planned at Portland’s Northwest 10th Avenue and Glisan Street is complete, it may look to passers-by like any other Pearl District condo tower.

But it will hold a special distinction in the sustainable building world: the nation’s tallest building made primarily from mass timber (long pieces of timber, glue-laminated together).

Designers and engineers across the country are chasing an innovative style of mass timber construction pioneered in Europe, which they believe will go a long way to reduce the carbon footprint of large buildings.

The breakthrough came with the development of cross-laminated timber or CLT: Large, layered flat panels used as floors and walls (rather than just beams as vertical posts).

As Oregon moves on multiple fronts to take the national lead in all-wood construction for tall buildings, Portland State University stepped up early to do basic research. PSU won a three-year, $400,000 National Science Foundation grant to study two aspects of mass timber construction: its sustainability and how well it resists earthquakes.

From Sustainable Life: https://pamplinmedia.com/sl/337694-214716-psu-tests-new-green-woods-seismic-strength

Construction, China Demand To Drive Global Plywood Growth To 2022

The global market for plywood is projected to reach 223.4 million cubic meters by 2022, driven by recovering construction activity in most countries worldwide; rise in high value, high rise constructions; growing preference for plywood in interior design especially of floors, ceilings, and walls; and a healthy furniture industry, according to Plywood – Global Strategic Business Report 2016.

Significance of plywood in the construction sector has increased substantially over the last decade due to the various benefits of plywood such as maintainability, strength-to-weight ratio and price.

A growing construction market particularly residential housing, spurt in renovation and remodeling projects and increased spending on bedroom and dining room furnishing represent major drivers of plywood consumption worldwide.

The growing demand for furniture is supported by improving economic growth, rising incomes, recovering home values and the ensuing greater willingness of homeowners to invest in furnishings and interior architecture. Demand is also expected to surge in the transportation end-use sector. In the packaging sector, on the other hand, growing popularity of alternative materials such as cardboard and plastic will challenge growth of plywood based packaging solutions, according to the report.

Production of plywood is migrating from North America, Europe and South Asia to China. Quality and cost continue to drive plywood supply mix worldwide. In 2015, Russian plywood made its mark in international trade, particularly in the EU market, driven by relatively lower prices of Russian birch plywood.

From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/construction-china-demand-drive-global-plywood-growth-2022

New Zealand Researchers Develop New Adhesive For Engineered Wood

New Zealand Researchers Develop New Adhesive For Engineered Wood

Scion’s environmentally-friendly bioadhesives technology was awarded Biotechnology of the Year at NZBIO’s annual conference recently. Dr. Will Barker, Chief Executive of NZBIO, said “the technology is a game changer for wood panel manufacturers”.

The Scion bioadhesives team, led by Warren Grigsby, has developed a world first 100 percent biobased adhesive and resins for engineered wood products. Made from natural sources, such as forestry and agricultural waste, these adhesives and resins are petrochemical-free, have very low formaldehyde emissions and can be made and used in existing manufacturing operations.

“We are thrilled to receive this award. It’s a great acknowledgement. We’ve spent years mixing and matching assorted ingredients to come up with right recipe. This is the icing on the cake,” says Warren.

The technology, which has been over seven years in the making, has been trademarked and patented as ‘Ligate’. “The ‘green’ credentials of Ligate products will provide manufacturers with a competitive advantage over wood processors using conventional petrochemical-based adhesives and resins.

“Adhesives and resins made from natural sources have a lower environmental footprint and are considered more socially acceptable than their traditional formaldehyde-based counterparts,” says Warren. The technology has already attracted international interest, and next week Warren travels to Europe to further profile the technology at two international conferences.

 

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