Engineered Wood Market Anticipated to Witness High Growth Owing to Sustainable Construction Trends

The Global Engineered Wood Market is estimated to be valued at USD 8.22 Bn in 2025 and is expected to exhibit a CAGR of 7.5% over the forecast period 2025 to 2032.

Engineered wood products, including plywood, oriented strand board (OSB), laminated veneer lumber (LVL), and cross-laminated timber (CLT), are manufactured by binding wood strands, veneers, or boards with adhesives to form structural panels. These materials combine the natural aesthetics and strength of solid wood with enhanced durability, uniformity, and resistance to warping or splitting.

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