Marine plywood is manufactured from durable face and core veneers, with few defects so it performs longer in both humid and wet conditions and resists delaminating and fungal attack. Its construction is such that it can be used in environments where it is exposed to moisture for long periods. Each wood veneer will be from tropical hardwoods, have negligible core gap, limiting the chance of trapping water in the plywood and hence providing a solid and stable glue bond. It uses an exterior Water and Boil Proof (WBP) glue similar to most exterior plywood.
Marine plywood is a good-quality, hardwood plywood made with waterproof glue. They are generally used for building boats and ships, and any other applications in which the plywood can get exposed to water. Earlier, the major applications of this plywood were confined to the marine industry. However, with increasing technological advancements, they are now also being used in several residential and commercial purposes.The utilization of marine plywood in the marine industry for manufacturing stringers, floor, transom, boat cabinetry, walls, seating, etc. is anticipated to drive the marine plywood industry in the coming years. Additionally, the growing popularity of marine plywood in other applications like building rooftops and doors in residential spaces is expected to further fuel its demand.
The Marine Plywood Panels market was valued at 699.5 Million US$ in 2018 and is projected to reach 723.2 Million US$ by 2025, at a CAGR of 0.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Marine Plywood Panels.
This report presents the worldwide Marine Plywood Panels market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter\'s Five Forces Analysis.
The following manufacturers are covered in this report:
Mampilly Plywood Industries
Asia Plywood Company
Anchor Marine Plywood
Marine Plywood Panels Breakdown Data by Type
In 2018, 6mm-18mm accounted for a major share of 74% in the global Marine Plywood Panels market. And this product segment is poised to reach 582.62 M USD by 2025 from 523.93 K USD in 2018.
Marine Plywood Panels Breakdown Data by Application
In Marine Plywood Panels market, Marine Application segment holds an important share in terms of application, and it is expected to reach a volume of 524.36 (K Cubic Meters) by 2025, at a CAGR of 0.59% during 2018 and 2025. It means that Marine Plywood Panels will be promising in the Marine field in the next couple of years.
Marine Plywood Panels Production by Region
Marine Plywood Panels Consumption by Region
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Marine Plywood Panels status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Marine Plywood Panels manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Marine Plywood Panels :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K m³). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Marine Plywood Panels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.