Published: 27-Jan-2020 | Published By: Market Research Store
The published report on “Global Fire Retardant Plywood Market – By Type (UCFA and UCFB), By Application (Boat & Automotive, Buildings, and Furniture Manufacturing), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” exhibits the escalating demand for global Fire Retardant Plywood market in 2018 was approximately USD 400 Million. It is anticipated to reach around USD 1600 Million by 2025 with a CAGR of around 7%.
Browse Full Report 105 Market Data Tables and 46 Figures spread through 105 Pages and in-depth TOC on "Fire Retardant Plywood Market (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketresearchstore.com/report/global-fire-retardant-plywood-market-report-2019-industry-607853
Fire retardant plywood is a type of plywood that is treated with particular fire retardant chemicals during the manufacturing process so as to make it resistant to fire. It is commonly referred to as FR grade plywood.
The fire retardant plywood is commonly used in the public spaces where the threat of fire needs to be kept at bay. It is majorly used in the wooden work performed in kitchens of large food outlets such as restaurants and also in the interior woodwork done in the public halls, theatres, and other constructions as well. The uses of fire retardant plywood are expected to help boost its sales and in turn, help proliferate the market growth. The increasing demand for fire retardant woods where the risk of fire is high like kitchens, offices, and other places is anticipated to propel the global Fire Retardant Plywood market growth. In addition, vehicles like cars need to have fire retardant interiors and thus, the automobile is also predicted to surge the expansion of the Fire Retardant Plywood market.
In the latest years, the improvement in the global economy in the developing countries along with the increasing awareness of fire-resistant will clearly boost the sales of the Fire Retardant Plywood. The future of the Fire Retardant Plywood is predicted to show an optimistic upward trend due to the rising consumption of Fire Retardant Plywood.
Moreover, the escalating use of fire retardant plywood for a number of applications such as Boat & Automotive, Buildings, and Furniture Manufacturing is also going to expand the global Fire Retardant Plywood market during the forecast timeframe. In the application segment, Buildings is anticipated to dominate the application segment in the global total in 2018. The Buildings application segment holds around more than 50% of the market share.
Likewise, in the Fire Retardant Plywood market, the UCFA is the most extensively used type. It is expected to dominate the global Fire Retardant Plywood market in 2018.
Furthermore, North America is the largest region of Fire Retardant Plywood in the world in the past few years and it will keep growing in the next few years. North America market will dominate the global Fire Retardant Plywood market in 2018. It is followed by Europe and Asia-Pacific.
Some of the major players in the global Fire Retardant Plywood market include Lonza, Viance, Hoover Treated Wood Products, Metsä Wood, Flameproof Companies, Bayou City Lumber, etc.
The global Fire Retardant Plywood Market is segmented into:
Global Fire Retardant Plywood Market Segment: By Type
Global Fire Retardant Plywood Market Segment: By Applications
- Boat & Automotive
- Furniture Manufacturing
Global Fire Retardant Plywood Market: By Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Key Pointers Addressed by the Report
- Historical data and forecast analysis of the market
- Drivers and Restraints affecting market dynamics
- Exhaustive analysis about the future market trends
- Comprehensive information about the leading market segments and region
- Strategic developments made by the competitive players and in-depth analysis about its impact on market growth
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