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Growing Industrialization Will Influence Engineered Wood Market Growth
Engineered wood is also known as man-made wood or composite wood, and these are quite popular in recent times due to their cost effective and ecofriendly properties. These woods are formed of composite materials manufactured by binding the strands, fibers and particles all together with the help of suitable adhesives. These engineered woods can be made by utilizing wastes such as sawmill waste, rice straw, sugarcane bagasse, wheat straw and other wood wastes thus making them cost effective and environmentally friendly. Engineered wood is mainly used as a substitute to hardwood and concrete.
In many construction building projects, the products of engineered wood are used as an alternative of steel in beams. One of the advantages offered by engineered wood products is that it can be designed as per the demand and custom specifications of the end user. The main users of engineered wood products are construction developers, architects, designers etc. Promotion of green life and regulations concerning deforestation has led the global engineered wood market to expand with a decent pace.
Government norms and regulations such as Bharat stage emission standards or European emission standards regarding CO2 emissions are driving the market for engineered wood at whole different level. Owing to the factors like cost efficiency, enhanced quality, waste reduction and environmentally friendly nature, the engineered wood market is expected to witness significant growth in the market. There are certain innovations in the technologies and machining systems have been developed in order to improve the efficiency and quality of the products which are expected to further drive growth of the market.
Although the global engineered wood market has potential opportunities in the future still the manufacturers of engineered wood products face some challenges regarding durability and fire resistant properties of engineered wood products. There are certain adhesives like Urea-formaldehyde used in the manufacturing of engineered wood products which are quite toxic. Also some products such as particleboard may not be suitable for outdoor use as they are more prone to humidity. The ongoing developments regarding advanced grading and better material selection techniques is expected to result in improved definition of timber quality and efficient performance of the products.
From LANEWS.org: https://www.lanews.org/growing-industrialization-will-influence-the-engineered-wood-market-growth-2017-2027/