Construction, China Demand To Drive Global Plywood Growth To 2022

by | Oct 26, 2016 | News

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

Vienna Event Combines Conference, Expo, Tours

by | Feb 13, 2015 | News

From: Panel World Staff

The Vienna International Wood Products/Markets Conference, Expo & Tours will be held June 16-21 in Vienna, Austria. The event is organized by International Wood Markets Group, Inc. and Georgia Research Institute.

On June 16 will be an invitation-only Schweighofer Prize reception and dinner. The Schweighofer Prize ceremony is held every two years and awards money for technologies, products and services that strengthen the competitiveness of the European forest-based industries. More than 600 international delegates from 40 countries are expected to attend.

The conference and expo will be held June 17 at the Hotel Savoyen Vienna. Speakers from Europe and worldwide will address trends, issues and outlooks in international sawn wood and panel markets, including Europe, Russia, China, Middle East and North America. The full day conference will assess global market opportunities and wood products trade. Concurrently on June 17 an all-day wood products equipment supplier exposition will be held adjacent the conference.

June 18-19 will feature an Eastern Austria Industry Tour of mills producing lumber, cross laminated timber and engineered wood products. The tour starts and ends at the conference hotel in Vienna, with one night spent outside of Vienna.

On June 20-21, Schweighofer will host a tour in the Radauti area of Romania of its large single line sawmill, a laminated post-and-beam plant, an edge-glued panel plant, particleboard plant and pellet mill. The tour will spend two nights in Radauti and ends at the Vienna Airport.

Read more on this story in the March 2015 issue of Panel World…