Developing Building and Construction Industry to Benefit Global Plywood Market


Published Date : Mar 23, 2016

Plywood is a sheet that is manufactured from very thin layers of wood veneer or from plies, which are pasted together with adjacent layers. In this, the wood grain is rotated 90 degrees to one another. This change of the grain is known as cross-graining and has various vital benefits such as:

  • It reduces the shrinkage and expansion.
  • It offers enhanced dimensional stability. 
  • It reduces the tendency of wood to split when it is nailed at the edges.
  • It helps in strengthening of the panel consistent through all the directions. 

In usual cases, there is an odd number of plies in order to maintain the balance of the sheets, which helps in reducing the warping. This is essential as plywood is bonded using grains that are running against each other along with an odd number of composite parts, it is very difficult to bend it upright to the grain direction of the surface ply.

Plywood is one of the most common used wood products across the globe. The increased use of plywood due to it being flexible, inexpensive, workable, and re-usable. Furthermore, plywood is widely used as a substitute for plain wood owing to its resistance to splitting, shrinkage, cracking, and twisting. Plywood mostly provides a higher degree of strength if compared to the plain wood. 

On the basis of type, the global market for plywood can be categorized into hardwood plywood, softwood plywood, flexible plywood, tropical plywood, marine plywood, decorative plywood, aircraft plywood, and other plywood. The increasing demand from the housing market is one of the major factors that is estimated to fuel the growth of the global plywood market in the next few years. In addition, there is a high demand for plywood as it is widely used for building decks.

The growing market of plywood across the globe has encouraged several players in expanding their horizon and enter the market. Some of the major players operating in the global market for plywood are Greenply Industries Ltd., Ainsworth Lumber Co. Ltd., Atlantic Plywood Corporation, Boise Cascade LLC, Uniply Industries Ltd., Georgia-Pacific Corporation, Weyerhaeuser Company, Century Plyboard (India) Ltd., and Eksons Corp. Bhd.