Insights on the Wood Processing Global Market to 2031 - Increasing Demand for Transparency and Stringent Government Regulations Has Led to Implementation of Tracking and Tracing Technologies - ResearchAndMarkets.com

The "Wood Processing Global Market Report 2022, By Type, By End-user Industry" report has been added to ResearchAndMarkets.com's offering.

This report provides the strategists, marketers and senior management with the critical information they need to assess the global wood processing market as it emerges from the COVID-19 shut down.

Companies Mentioned

• West Fraser Timber Co. Ltd.
• Canfor Corporation
• upm-kymmene oyj
• UFP Industries, Inc.
• Interfor Corporation
• Sierra Pacific Industries, Inc.
• Koppers Inc.
• Northwest Hardwoods, Inc.
• Svenska Cellulosa Aktiebolaget
• Marubeni

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The wood processing market consists of sales of processed wood by entities (organizations, sole traders and partnerships) that saw dimension lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from logs or bolts. This industry also includes establishments that treat planed, sawed and shaped wood with creosote or other preservatives such as alkaline copper quat, copper azole, and sodium borates, to prevent decay and to protect against fire and insects.

The main wood processing types are sawmills and wood preservation. Wood preservation is referred as the pressure or thermal impregnation of chemicals into wood. Long-term resistance to fungus, bacteria, insects, and marine borers is achieved by this procedure. The different sectors include residential, commercial, infrastructural, other Eend-user industries.

Asia Pacific was the largest region in the wood processing market in 2021. North America was the second largest region in the wood processing market. The regions covered in the wood processing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The wood processing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth.

The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period.

The increasing demand for supply chain transparency and stringent government regulations on the wood industry has led to the implementation of tracking and tracing technologies. Many wood companies are implementing their own tracking systems to maintain transparency in their timber supply chain. Electronic tracking is being adopted by wood companies and government agencies over paper-based systems and technologies such as radio-frequency identification chips, barcodes and advanced traceability software are being used.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Wood Processing Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Wood Processing Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Wood Processing Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Wood Processing Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Wood Processing Market Trends And Strategies

8. Impact Of COVID-19 On Wood Processing

9. Wood Processing Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

10. Wood Processing Market Regional Analysis

10.1. Global Wood Processing Market, 2021, By Region, Value ($ Billion)

10.2. Global Wood Processing Market, 2016-2021, 2021-2026F, 2026F, 2031F, Historic And Forecast, By Region

10.3. Global Wood Processing Market, Growth And Market Share Comparison, By Region

11. Wood Processing Market Segmentation

11.1. Global Wood Processing Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion

• Sawmills
• Wood Preservation

11.2. Global Wood Processing Market, Segmentation By End User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion

• Residential
• Commercial
• Infrastructural
• Other End-user Industries

12. Wood Processing Market Metrics

12.1. Wood Processing Market Size, Percentage Of GDP, 2016-2026, Global

12.2. Per Capita Average Wood Processing Market Expenditure, 2016-2026, Global

For more information about this report visit https://www.researchandmarkets.com/r/k9p80e