[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-engineered-wood-market-to-reac2030194d87f-381b-789c-a108-5643770a52a6":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23},"engineered-wood-market-to-reac2030194d87f-381b-789c-a108-5643770a52a6","1738798200000","Engineered Wood Market to Reach $427.3 billion, Globally, by 2033 at 5.3% CAGR: Allied Market Research","\u003Cp>Wilmington, Delaware, Feb.  05, 2025  (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, \"\u003Ca href=\"https://www.globenewswire.com/Tracker?data=pjrF7ype4IjO74LE3JKdiC3-xuY5itSkHyWHbj3iBEzp7Fph4saeRqmWA8QfRQHS5OHnfsDYYnk4o-RONLcyyDm3ZqktrVpMZnj-KbeKMvWLjOmADmHZUhNZI9jP_S3gHv8wHQBOtz_bYaUKo_jkgw==\" target=\"_blank\">Engineered Wood Market\u003C/a> by Type (Particle Board, Plywood, Medium Density Fibreboard (MDF), Cross Laminated Timber (CLT), Laminated Veneer Lumber, Oriented Strand Board, and Glue Laminated Timber (Glulam), by Application (Construction, Flooring, Furniture, Transport, Packaging, and others), and End User Industry (Residential and Non-residential): Global Opportunity Analysis And Industry Forecast, 2023-2032\". According to the report, the global engineered wood market was valued at $254.2 billion in 2023, and is projected to reach $427.3 billion by 2033, growing at a CAGR of 5.3% from 2024 to 2033. \u003C/p>\u003Cp>Get a Sample Copy of this Report: \u003Ca href=\"https://www.globenewswire.com/Tracker?data=9X5Nk3SDbnE0HwGhDTrB_cF3fJpd71CUFebJWpFjlrapOW99LfgDJTNC5ZCTPgUDqkB3kMlDXipQh1vCUvjfUWid7UdHlKNOIX0AimFPFU1JO3vP6K1FSmPIy_yXmzOPbPVeVcHurPVEOCy5EbUNvOplwFH7WQHdYwDO3Q5VSzSSXXRXO1k75BAphRBwbL8U\" target=\"_blank\">https://www.alliedmarketresearch.com/request-sample/1777\u003C/a>  \u003C/p>\u003Cp>Prime determinants of growth \u003C/p>\u003Cp>Increased use of engineered wood over other building materials, rise in reconstruction, renovation, and remodeling of old buildings, and surge in focus on affordable homes drive the growth of the global engineered wood market. However, lack of skilled labor in countries where wood-based construction is not popular is a major hindrance to market growth. Despite this, growing popularity for sustainability in the construction sector is expected to open growth opportunities for the market players. \u003C/p>\u003Cp>Report Coverage & Details: \u003C/p> Report Coverage   Details   Forecast Period   2024–2033   Base Year   2023   Market Size in 2023   $254.2 billion   Market Size in 2033   $427.3 billion   CAGR      5.3%   No. of Pages in Report   232   Segments Covered   Type, Application, End User Industry, and Region.","https://www.benzinga.com/pressreleases/25/02/g43515727/engineered-wood-market-to-reach-427-3-billion-globally-by-2033-at-5-3-cagr-allied-market-research","/next-assets/images/schema-image-default.png","[]","[\"\",\"Base\",\"BASE\",\"Market\",\"Surge\"]","[{\"name\":\"\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/.png\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BASE.png\",\"name\":\"BASE\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"name\":\"Surge\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/surge.png\"}]","203",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/benzinga.png","Benzinga",null,"","[\"Other\"]","0","EN","1"]