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The global fire retardant plywood market was valued at USD 993.3 million in 2017. Rising awareness among builders and contractors, urbanization, and implementation of stringent regulation by governing bodies are driving the demand for the FRT plywood. Moreover, increasing fire incidents across the globe is one of the major drivers due to which adoption of fire retardant plywood is expected to grow in during the forecast period.
The fire retardant plywood industry has been witnessing drastic change over the past two decades, with an increasing demand for fire proof lumber for various applications. The sales of the fire retardant plywood are expected to show lucrative growth over the forecast period owing to the increasing fire incidences globally. Moreover, increasing trend of using less toxic chemicals to treat wood is expected to boost the fire retardant plywood market over the forecast period.
Key factors impacting the global fire retardant plywood market
The above graph represents the key factors which are impacting and will keep impacting the global fire retardant plywood market during the forecast period. There is comparison of impact in 2017 and what will be the impact effects in the coming years. For instance, adoption of FRT plywood is increasing due to growing structural fire incidents across the globe. The number of structural fire incidents as of 2017 were at the highest level. As the adoption rate of FRT plywood is increasing the number of structural fire incidents are expected to decrease in 2022 as you can see in the above figure.
Moreover, the use of wood in the construction of residential and commercial buildings is on the rise. Low cost for the construction of wooden structures by using when compared to concrete and steel building is one of the reason the penetration rate is increasing. Moreover, FTR plywood is witnessing demand as regular wood or plywood is highly flammable and can cause major causalities on the event of any incidents.
Key Segments of the Global Fire Retardant Plywood Market
Type Overview, 2012-2022 (USD Million) (Million Square Feet)
Application Overview, 2012-2022 (USD Million) (Million Square Feet)
Regional Overview, 2012-2022 (USD Million) (Million Square Feet)
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the fire retardant plywood market. The report will benefit:
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
As a result of increasing fire incidences globally the adoption of fire retardant plywood products has increased. For instance, there were 358,500 home structure fire reported during the year 2011 to 2015. Nearly 2,510 deaths were recorded in these cases and approximately 93% of civilian died in these home fires. Owing to the personal safety reasons the fire retardant plywood market is expected to witness growth in the coming future.
The first reason for death in home structure fire incidences was fire injuries and smoke leading to the death of fire incidences. As the fire retardant plywood is flame proof and emits less smoke there is a greater chance of civilian’s survival if fire retardant plywood is used. Hence, the properties of fire retardant plywood are expected to propel its growth in future. Moreover, the fire incidences that consist home structure fire were caused by the kitchen equipment’s. Hence, fire proof kitchen cabinets and drawers are expected to drive the market growth in future.
Furthermore, the wild fire incidences are recorded all over U.S. by NASA. The wild fires are recorded near Kansas, south eastern, portion of United Nations. For instance, wild fire breaks out in California in 2016. Where 80,000 people were evacuated and lot of homes were lost with its contents. The fire retardant plywood can be used here as it has a flame spread of 25 and emits less amount of smoke and gives more time for evacuation as well as gathering the contents of the house. As a measure of safety fire retardant wood is expected to witness high acceptability in the coming period.
Company Market Share Analysis
The market for fire retardant plywood is fragmented. Companies have high market in US as well as Canada, Mexico, few are expanding in Asia too. Lonza wood protection is one of the major players in the market which occupied highest market share in 2017. Over the past decades there is been rise in the demand for fire retardant plywood owing to the increase in fire incidences and government initiatives to promote fire retardant plywood to avoid casualties.
Companies are focusing on product innovation in order to expand its share in global market. For instance, many companies are opting for eco-friendly chemicals for the treatment of products such as Lonza. Few are continuously investing in research and development projects to bring in new technology to enhance the wood treatment such as Chemco. Companies are also performing acquisitions to expand their to enhance their product portfolio. For instance, Ram Forest Group was acquired by Stella Jones in October 2015. The purchase was made for USD 60 million by Stella Jones who is a producer of treated wood product, to enhance its offering in the retail market and to optimize operating efficiency across networks.
UCFA also known as interior type fire retardant plywood which dominated the overall market in 2017 by occupying more than 70% and is expected to do so over the forecast period. The plywood is used for interior constructions such as roof trusses, architectural millwork, floor joists, rafters, stages, platforms and partition walls. Moreover, the increasing awareness about the use of fire resistance plywood products is one of the major factor driving the demand. The popular interior fire retardant plywood products available in the market are D-Blaze, Dricon, FlameTech, Fire-Pro, and Pyro-Guard.
UCFB also known as exterior fire retardant plywood was growing at a CAGR of 2.9% during the forecast period. There are less number of exterior fire retardant plywood products available in the market as there is low demand for this products when compared to interior plywood products. The exterior fire retardant plywood are used in panelling, store fronts, fences, sheds, roof covering, balconies, decks, and construction staging.
Commercial buildings such as shopping centres, sports stadium and restaurants are using fire retardant treated wood for the construction of interior and exterior of the building. Owing to its easy installation compared to steel & cement construction also reduces the loss of property damage. For instance, according to U.S fire administration in 2015 there were 1,04,600 fire accidents in commercial buildings causing 70 deaths, 1,325 injuries and property loss of USD 2.69 billion.
North America is the major market for fire retardant plywood followed by Europe. The stringent regulations set by governing bodies and increasing fire incidents in these regions is one of the major reason for highly penetrated market. Asia Pacific is witnessing a high demand for the fire retardant plywood, majorly from China, India and Southeast Asian countries.
North America and Europe are already enjoying a high market growth. Hence, major companies and investors are shifting their focus on Asia Pacific and its developing countries including India, Indonesia, Thailand, Philippines and Bangladesh. South America and Middle East & Africa are also expected to witness some investment in the coming years as a result of growing awareness of fire retardant plywood products.
The increasing number of fire incidences is expected to boost the growth of fire retardant treated wood market in North America. As there is rapid investment in residential sector, it is growing at a fast space and is expected to drive the growth of the fire retardant treated wood market. As per images taken by NASA, with the increase in number of wild fires in central and eastern United States the fire-retardant wood market is expected to witness growth due to hot winds fanning this region over the forecast period.
The growing population and migration of people from rural to urban cities has necessitated the need of residential, commercial and institutional buildings. The population of the U.S has increased from 319.9 million in 2015 to 325.1 million as of October 2017. For instance, according to U.S. census the construction price index was valued at USD 1,189 million in august 2016 and was estimated to reach USD 1,218 million in 2017.
The global fire retardant plywood market was valued at USD 993.3 million in 2017. Rising awareness among builders and contractors, urbanization, and implementation of stringent regulation by governing bodies are driving the demand for the FRT plywood. Moreover, increasing fire incidents across the globe is one of the major drivers due to which adoption of fire retardant plywood is expected to grow in during the forecast period.
The fire retardant plywood industry has been witnessing drastic change over the past two decades, with an increasing demand for fire proof lumber for various applications. The sales of the fire retardant plywood are expected to show lucrative growth over the forecast period owing to the increasing fire incidences globally. Moreover, increasing trend of using less toxic chemicals to treat wood is expected to boost the fire retardant plywood market over the forecast period.
Key factors impacting the global fire retardant plywood market
The above graph represents the key factors which are impacting and will keep impacting the global fire retardant plywood market during the forecast period. There is comparison of impact in 2017 and what will be the impact effects in the coming years. For instance, adoption of FRT plywood is increasing due to growing structural fire incidents across the globe. The number of structural fire incidents as of 2017 were at the highest level. As the adoption rate of FRT plywood is increasing the number of structural fire incidents are expected to decrease in 2022 as you can see in the above figure.
Moreover, the use of wood in the construction of residential and commercial buildings is on the rise. Low cost for the construction of wooden structures by using when compared to concrete and steel building is one of the reason the penetration rate is increasing. Moreover, FTR plywood is witnessing demand as regular wood or plywood is highly flammable and can cause major causalities on the event of any incidents.
Key Segments of the Global Fire Retardant Plywood Market
Type Overview, 2012-2022 (USD Million) (Million Square Feet)
Application Overview, 2012-2022 (USD Million) (Million Square Feet)
Regional Overview, 2012-2022 (USD Million) (Million Square Feet)
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the fire retardant plywood market. The report will benefit:
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Market Size Estimation Methodology
1.3 Forecasting Methodology
1.4 Scope, definition, and assumptions
1.5 Assumptions
1.6 Data sources
Chapter 2 Market Overview
2.1 Fire Retardant Plywood Introduction
2.2 Market size by Production in Million Square Feet
2.2.1 Global Fire Retardant Plywood Market 2012 - 2022, by Production, (Million Square Feet)
2.2.2 North America Fire Retardant Plywood Market 2012 - 2022, by Production, (Million Square Feet)
2.2.3 Europe Fire Retardant Plywood Market 2012 - 2022, by Production, (Million Square Feet)
2.2.4 Asia Pacific Fire Retardant Plywood Market 2012 - 2022, by Production, (Million Square Feet)
2.2.5 South America and Middle East & Africa Fire Retardant Plywood Market 2012 - 2022, by Production, (Million Square Feet)
2.3 Market Analysis by Type
2.3.1 Global Fire Retardant Plywood Market Share by Types in 2017
2.3.2 UCFA
2.3.3 UCFB
2.4 Market Analysis by Application
2.4.1 Global Fire Retardant Plywood Market, by Application in 2017
2.4.2 Architectural Millwork
2.4.3 Paneling
2.4.4 Roof Trusses
2.4.5 Beams
2.5 Market Analysis by Regions
2.5.1 Global Fire Retardant Plywood Market Share by Regions in 2017
2.5.2 North America
2.5.2.1 U.S.
2.5.2.2 Canada
2.5.2.3 Mexico
2.5.3 Europe
2.5.3.1 Germany
2.5.3.2 France
2.5.3.3 UK
2.5.3.4 Russia
2.5.3.5 Italy
2.5.4 Asia Pacific
2.5.4.1 China
2.5.4.2 Japan
2.5.4.3 Korea
2.5.4.4 India
2.5.4.5 Southeast Asia
2.5.5 South America
2.5.5.1 Brazil
2.5.6 Middle East & Africa
2.6 Market Dynamics
2.6.1 Market driver analysis
2.6.1.1 Increasing fire incidences
2.6.1.2 Government regulations for fire retardant materials to be used for construction
2.6.2 Market restraints analysis
2.6.2.1 Increasing health Concerns
2.6.2.2 Strength issues
Chapter 3 Global Fire Retardant Plywood Market Competition, by Manufacturer
3.1 Global Fire Retardant Plywood Market Share by Manufacturer (2016-2017)
3.2 Market Concentration Rate
3.2.1 Top 2 Fire Retardant Plywood Manufacturer Market Share
3.2.2 Top 4 Fire Retardant Plywood Manufacturer Market Share
3.3 Strategic framework
3.4 Market Attractiveness, by Region
3.5 Company market positioning
Chapter 4 Global Fire Retardant Plywood Market Analysis by Regions
4.1 Global Fire Retardant Plywood Sales, Revenue and Market Share by Regions
4.1.1 Global Fire Retardant Plywood Market Share by Regions, 2017 & 2022
4.1.2 Global Fire Retardant Plywood Sales by Regions, 2012-2022
4.1.3 Global Fire Retardant Plywood Revenue by Regions, 2012-2022
Chapter 5 North America Fire Retardant Plywood Market by Type, Application and Country
5.1 North America Fire Retardant Plywood Market, by Type (2012-2022)
5.2 North America Fire Retardant Plywood Market, by Application (2012-2022)
5.3 North America Fire Retardant Plywood Market Size, by Country (2012-2022)
Chapter 6 Europe Fire Retardant Plywood Market by Type, Application and Country
6.1 Europe Fire Retardant Plywood Market, by Type (2012-2022)
6.2 Europe Fire Retardant Plywood Market, by Application (2012-2022)
6.3 Europe Fire Retardant Plywood Market Size, by Country (2012-2022)
Chapter 7 Asia-Pacific Fire Retardant Plywood Market by Type, Application and Country
7.1 Asia-Pacific Fire Retardant Plywood Market, by Type (2012-2022)
7.2 Asia-Pacific Fire Retardant Plywood Market, by Application (2012-2022)
7.3 Asia-Pacific Fire Retardant Plywood Market Size, by Country (2012-2022)
Chapter 8 South America Fire Retardant Plywood Market by Type, Application and Country
8.1 South America Fire Retardant Plywood Market, by Type (2012-2022)
8.2 South America Fire Retardant Plywood Market, by Application (2012-2022)
8.3 South America Fire Retardant Plywood Market Size, by Country (2012-2022)
Chapter 9 Middle East & Africa Fire Retardant Plywood Market by Type and Application
9.1 Middle East & Africa Fire Retardant Plywood Market, by Type (2012-2022)
9.2 Middle East & Africa Fire Retardant Plywood Market, by Application (2012-2022)
Chapter 10 Global Fire Retardant Plywood Market Analysis by Type
10.1 Global Fire Retardant Plywood Market by Type (2012-2022)
10.1.1 Global Fire Retardant Plywood Market Share by Type (2017 & 2022)
Chapter 11 Global Fire Retardant Plywood Market Analysis by Application
11.1 Global Fire Retardant Plywood Market by Application (2012-2022)
11.1.1 Global Fire Retardant Plywood Market Share by Application (2017 & 2022)
Chapter 12 Marketing Strategy Analysis, Distributors/Traders
12.1 Marketing Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.1.3 Marketing Channel Development Trend
Chapter 13 Company Profiles
13.1 Flameproof Companies
13.1.1 Company Overview
13.1.2 Product offerings
13.2 Hoover Treated Wood
13.2.1 Company Overview
13.2.2 Product offerings
13.3 Arch Wood Protection
13.3.1 Company Overview
13.3.2 Product offerings
13.4 Viance, LLC
13.4.1 Company Overview
13.4.2 Product offerings
13.5 Capitol City Lumber
13.5.1 Company Overview
13.5.2 Product offerings
13.6 Bayou City Lumber
13.6.1 Company Overview
13.6.2 Product Offerings
Chapter 14 Research Findings and Conclusion
14.1 Key findings