Fire
Retardant plywood is a three-layer or multi-layer plate-like material that is
made by peeling wood pieces into veneer or sliced wood into thin wood. The
veneer is flame-retardant treatment and then glued with adhesive to form a
three-layer or multi-layer plate material, and fully considered Smoke density
and toxic gas indicators for fire hazards.
FRT
plywood designed for exterior applications is also available where the humidity
may exceed 95% or there are other circumstances where water because leaching of
fire retardant chemicals out of the wood grains. It is often divided into 2
types, Type A FRT and Type B FRT. Type A FRT plywood is designed for use in
applications where the ambient relative humidity is 95% or less in a location
where it is not exposed to weather or potential water sources. Type B FRT
plywood is designed for use in situations where the humidity remains below 75%.
Fire Retardant Plywood is usually used in public places where the risk of fire
must be reduced, such as kitchens in large restaurants, public theaters, halls,
stadiums and airports.
In
Fire Retardant Plywood market, the Buildings holds an important share in terms
of Application, and it is expected to reach a volume of 662.56 (K m3) by 2026,
at a CAGR of 7.91% during 2020 and 2026. Due to its fire retardant properties,
Fire Retardant Plywood can also be used in boat and automobiles. With the
improvement of people\'s awareness of fire protection, the application of Fire
Retardant Plywood in furniture is also increasing.
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Global Fire Retardant Plywood
Market Analysis
According
to our research, the Global Fire Retardant Plywood market has a total revenue
of 793.86 M USD back in 2015, and increased to 1011.62 M USD in 2019. We made a
series of functional calculation and deduced the past 5 year’s data with
scientific model. Finally, we made the prediction that the value of Fire
Retardant Plywood markets can be 1621.93 M USD by 2026. The CAGR of Fire
Retardant Plywood is 7.72% from 2020 to 2026. The growth of the Fire Retardant
Plywood market is driven by the downstream demand market. As the global economy
develops, the population continues to increase. Growing market demand plays an
active role in the expansion of the Fire Retardant Plywood market. Higher
product quality and more affordable products will be one of the growth
opportunities in this market in the future. At the same time, competition in
new regions may become more intense. This may become a factor hindering market
growth.
Fire
Retardant Plywood companies are mainly from USA; the industry concentrate rate
is low. The top three companies are Lonza, Hoover Treated Wood Products, Inc,
Flameproof Companies with the revenue market share of 4.62%, 3.47%, 2.62% in
2019. North America was the largest revenue market with a market share of
41.02% in 2015 and 40.92% in 2019, a decrease of 0.10%. In 2019, the Asia
Pacific market share was 28.52%, ranking second. Development of economy and
increase downstream demand in these areas will promote the Fire Retardant
Plywood market.
Fire Retardant Plywood Market
SWOT Analysis
Fierce
market competition forces companies to innovate continuously. The development
of new environmentally friendly and safe production processes and facilities,
and the development of technologies and equipment that effectively reduce
energy consumption have become the direction and driving force for the
innovative development of fire retardant plywood equipment manufacturing. The
development of special functional fire retardant plywood products that meet
different functional requirements has become an innovation point for some
companies to occupy the market segment. Functional fire retardant plywood
products will continue to emerge and the varieties will continue to be
enriched. The development of production technology and technology for products
with low or no aldehyde content will still be an opportunity for future
development of flame retardant plywood enterprises. The increase in global fire
incidents has caused property losses, casualties, and even irreversible damage.
The increase in fire incidents has raised public safety awareness, which will
make people pay more and more attention to the necessity of fire prevention.
The fire retardant plywood can effectively inhibit the spread of fire sources,
which will promote the market demand for fire retardant plywood.
Due
to the booming economy in the Asia-Pacific region and the increase in infrastructure
development activities, the Asia-Pacific market is expected to achieve
significant growth. At the same time, the Asia-Pacific region has a large share
of the fire retardant plywood market. With the latest development of
infrastructure and the use of construction products, the fire retardant plywood
market is expected to grow.
The raw material of fire retardant plywood is wood. In recent years, with the continuous development of the economy, the acceleration of urbanization, the gradual improvement of infrastructure, and the continuous improvement of residents\' consumption ability, the wood products industry has developed rapidly. However, at the same time, forest fires, insects, and diseases are frequent, and the phenomenon of deforestation is serious. The strict control of timber exports by various countries has led to a shortage of timber in the market. The direct consequence of the shortage of wood is the rising cost. Due to the excessive consumption of timber resources, countries in Africa and other countries that rely on timber exports to develop their economies have gradually realized severe environmental problems. At the CITES conference, many timber resources have been included in the protection level, and the governments of major timber producing countries have strengthened timber management policies, including prohibiting Export of unfinished wood products, etc. Therefore, the strengthening of global environmental protection will increase the difficulty of obtaining raw materials in the market. With the continuous increase of tariffs in various regions, customs clearance fees have risen sharply. Part of the wood cannot be exported in the form of logs and needs to be processed locally, which naturally greatly increases operating costs. In addition, with the increase in shipping prices, labor costs continue to rise, manufacturers\' purchase costs in the production area have increased, and part of the increase in operating costs has been transferred to the price of wood.
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