Industry Analysis & Industry Trends
Revenue for the Wood Panelling Manuacturing industry has trended largely in line with the performance of downstream manufacturing and construction industries. In the five years to 2020, the industry is expected to continue along the same trajectory. Construction activity in both Canada and the United States, a main source for industry exports, will continue rebounding and lead to increased demand for industry products. Furthermore, the Canadian dollar is expected to remain weak compared to the US dollar, making industry products more affordable for US buyers... purchase to read more
Industry Report - Industry Analysis Chapter
The Wood Panelling Manufacturing industry manufactures a range of composite wood products made from a mixture of wooden boards, strands, chips or particles. Panels are made by mixing these wood pieces with resin and pressing them flat to form one solid piece. Products include veneer, plywood, trusses, I-joists, oriented strand board (OSB) and particleboard; they differ from lumber in that they are processed in these ways rather than being sized and cut straight from logs.
Wood panels can have several advantages over more traditional lumber, most notably structure and cost. Wood panels that are made up of a composite form of wood pieces and resin have a much more uniform structure than lumber and, therefore, are less subject to warping or shrinking than raw wood... purchase to read more