Fire Retardant Plywood Market Forecast, Size and Gross Margin Analysis by 2028

Posted on 2019-12-04 by researchinsights in Chemicals // 0 Comments

04^th Dec 2019 – Global Fire Retardant Plywood Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Fire retardant plywood is also termed as FR grade plywood, is a type of plywood treated with special fire retardant chemicals during the time of production. It is exclusively used in public places, kitchens of restaurants, public theaters and halls, and others.

The factors that are playing a major role in the growth of fire retardant plywood market are the rising demand from end-users as reduces flame travel rate, it is cost-efficient, the high demand from designers and architects, and helps to alter the vapors released during the combustion process. However, the presence of substitutes may restrain the overall market in the years to come. The market is segmented based on type, product type, flame spread rating, application, distribution channel, and region.

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Exterior and interior fire retardant plywood are the types that could be explored in fire retardant plywood in the forecast period. Interior sector comprises type A and type B fire retardant formulations. Type A fire retardant plywood is exclusively used in environments where wood is not exposed to weather and humidity is less than 95 percent. Whereas, type B fire retardant plywood is used where humidity does not exceed 75 percent.

Fire retardant treated lumber, fire retardant treated softwood plywood, and fire retardant treated softwood plywood are the product types that could be explored in fire retardant plywood market in the forecast period. Based on the flame spread rating, 0, 25 or less, 100, 75-200, and 74-200 could classify fire retardant plywood in the forecast period.

The market could be categorized based on applications like a commercial, residential, trusses, stairwells, roof panels, farming, beams, automotive, laser cutting, sidewall sheathing, and others that could be explored in fire retardant plywood in the forecast period. Based on the distribution channel, offline channel and online channel could classify the market in the forecast period. The offline sector accounted for the substantial share of the market and is estimated to lead the overall market in the years to come.

Key Players:

Hoover Treated Wood Products
Lonza
Koppers
Foreco
Flameproof Companies
Viance
Mets Wood
Chicago Flameproof
Wood Preservers Inc.

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Market split by Type, can be divided into:

Flame Spread 5-15 (Including 15)
Flame Spread 15-25

Market split by Application, can be divided into:

Architectural Millwork
Paneling
Roof Trusses
Beams

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