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Tranexamic Acid Product Launches For Gastrointestinal Bleeding - 17 Aug 2017 11:53

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Drug manufacturing companies are offering tranexamic acid for the treatment of acute gastrointestinal bleeding. Tranexamic acid is a medication used to treat or prevent excessive blood loss from major trauma or surgery and is now finding applications for gastrointestinal diseases. Tranexamic acid reduces clot breakdown, thus reducing the duration and amount of bleeding. This reduces mortality rate (from 10% to 7.5%) and the probability of blood transfusion by about 30%. Major companies manufacturing tranexamic acid include Abbott Laboratories, Pfizer, GlaxoSmithKline and Bayer AG.

GASTROINTESTINAL DRUGS MARKET TO GROW TO $62 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global gastrointestinal drugs market to grow from $52 billion in 2016 to $62 billion in 2020 at a compound annual growth rate (CAGR) of 4.5%. North America was the largest region in the gastrointestinal drugs market in 2016, accounting for $15 billion or 29.9% market share. This was mainly due to the high prevalence of obesity and digestive diseases due to unhealthy lifestyle in the North American countries. According to the National Center for Health Statistics, more than one-third (36.5%) of U.S adults were obese during 2011-2014.

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The chart below shows the year-on-year growth of the global gastrointestinal drugs market during 2016-2020

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According to The Business Research Company’s Healthcare and Biotechnology Consultant, Ravikiran, growing R&D activities for the development of new drugs in the treatment of gastrointestinal diseases is an emerging trend in the market. Some of the major gastrointestinal pipeline products include Perjeta (Roche), Keytruda (Merck), TAS-118 (Taiho Pharmaceutical), NeuVax (Galena Biopharma), Ipatasertib (Genentech), Durvalumab (AstraZeneca) and Napabucasin (Boston Biomedical). Technological advancements in the treatment of gastrointestinal diseases are expected to boost the market during the forecast period.

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Takeda Pharmaceuticals was the largest competitor in the gastrointestinal diseases drugs market in 2016 with revenues of JPY 557.5 billion ($5.1 billion) in 2015. Takeda aims to harness new technologies and targeted treatments to develop innovative and new medicines for the treatment of gastrointestinal diseases. In 2014, the company launched ENTYVIO (vedolizumab), a gut-selective biologic for the treatment of ulcerative colitis and Crohn’s disease. Through specialized and strategic in-house development, external partnerships, in-licensing and acquisitions, Takeda also has a number of promising early-stage gastroenterology (GI) assets in development.

The gastrointestinal diseases drugs market covers medicines used for the treatment of ulcerative colitis, diverticular disease, perianal infections, anal fissures, hemorrhoids, constipation, and irritable bowel syndrome. The key gastrointestinal diseases drug categories include Anti-peptic agents (antacids, antagonists, Proton Pump Inhibitors, Sucralfate, and Misoprostol), antiemetics, adsorbents, anticholinergics, opiates, intestinal flora modifiers, emollient/surfactants, hyperosmotic, saline, and simulant/irritant. The market numbers within this briefing are restricted to pharmaceutical (drug) treatments and do not cover biologic treatments for these conditions which are included in a separate briefing.

This market is further classified as –
• Antacids
• Antiulcerants
• Antiobesity Antiemetics And Antinauseants
• Antidiarrhoeals

Pharmaceutical companies manufacturing drugs for gastrointestinal diseases initially involve in drug discovery process by which new drug candidates are discovered. This process includes identification of candidates, synthesis, characterization, screening and assays for therapeutic efficacy. Once the lead drug candidates are developed, they undergo preclinical trials in animals and filing for investigational new drug applications (IND) to initiate the clinical trials on humans. Preclinical trials may be conducted in-house or through a Contract Research Organization (CRO) that provides outsourced support to pharmaceutical companies. When the drug successfully passes all three phases of clinical trials, the CROs submit all their findings to the parent pharmaceutical companies which file new drug applications (NDA) in order to release the drug into the market.

Gastrointestinal Drugs Market Global Report 2017 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office the price is $6000 and $8000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Introduction Of Immune Modulators To Treat Eczema - 17 Aug 2017 11:49

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Pharmaceutical companies are offering new drugs referred to as immune modulators for the treatment of skin diseases such as eczema. Eczema is a chronic skin condition caused by the lack of skin proteins that results in inflammation and irritation in the skin. These drugs are used to externally treat the skin without changing the immune system of the body. In addition, unlike topical steroids, these new medications do not cause thinning of the skin and breaking of superficial blood vessels. Tacrolimus (Protopic) and Pimecrolimus (Elidel) are major drugs available for the treatment of eczema.

DERMATOLOGY DRUGS MARKET TO GROW TO $XXXXXX BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global dermatology drugs market to grow from $31 billion in 2016 to $37 billion in 2020 at a compound annual growth rate (CAGR) of 5.2%. North America was the largest region in the dermatology drugs market in 2016, accounting for $9 billion or 31.5% market share. This can be attributed to large number of affluent patients and generous reimbursement within the US pharma market.

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The chart below shows the year-on-year growth of the global dermatology drugs market during 2016-2020

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According to The Business Research Company’s Healthcare and Biotechnology Consultant, Ravikiran Drug manufacturing companies are using genome testing to reduce the time and costs spent in clinical trials. A clinical trial is a complex process and it often takes months for a drug to be available in the market. This deprives patients of cost-effective treatment. Researchers in the Rockefeller University used genomic testing and data analytics to predict the response of psoriasis patients for a given treatment. Genomic testing algorithms collect gene-expression data from skin biopsies and detect activity in 50,000 different genes. This technique can predict the response of a patient with an accuracy of 95% and within 12 weeks, thus saving significant time for clinical trials and the launch of new drugs.

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Johnson & Johnson (J&J) was the largest competitor in the dermatology drugs market in 2016 with revenues of $3.9 billion for the financial year 2016. Johnson & Johnson aims to grow its geographic footprint and increase investments in emerging markets and developed markets such as Japan. In 2016, the company spent $9.1 billion in R&D. With prioritized investments in internal R&D, strategic licensing arrangements, partnerships and select acquisitions, the company intends to build a robust product pipeline for the long-term. In July 2016, J&J acquired a Japanese beauty brand Dr. Ci:Labo to strengthen its skin care business.
The dermatology drugs market includes medications that are used for the treatment of skin conditions such as dermatitis (including eczema), rosacea, hyperhidrosis, androgenic alopecia, onychomycosis, hair loss, acne, immune disorders (including psoriasis), microbial infections (bacterial, fungal, and viral), vascular and pigmented lesion removal, common warts, seborrheic keratosis, and other skin diseases The market numbers within this briefing are restricted to pharmaceutical (drug) treatments and do not cover biologic treatments for these conditions which are included in a separate briefing.

Dermatology drugs used to treat acne include local anesthetics, cleansers, anti-inflammatory agents, anti-infectives, emollients, and astringents. These drugs are available for both topical (external) use and internal use. These drugs can be sold as over-the-counter (OTC) as well as prescription drugs. Major OTC dermatological drugs include Differin, Lamisil, Monistat, and Abreva. Some of the major dermatology prescription drugs include Clobetasol propionate, Flucinonide, Baxdela, Siliq, Rhofade.

Dermatology Drugs Market Global Report 2017 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office the price is $6000 and $8000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Ethernet Connected Switchboards Demand Being Driven By Growth In Energy Efficient Systems. - 11 Aug 2017 07:48

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Ethernet connected switchboards are widely being used in household and commercial buildings to save energy and reduce maintenance costs. Switchboards can be connected to a computer through an Ethernet cable. Electricity use, system status and other data is transmitted to the computer through the Ethernet cable. Data obtained on the computer is analyzed by energy experts and suggestions to minimize energy consumption. For example, Enerlin’x system manufactured by Schneider is a smart panel that transmits energy consumption data to computer through Ethernet and Modbus interfaces.

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SWITCHGEAR AND SWITCHBOARD APPARATUS MANUFACTURING MARKET TO GROW TO $239 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The Business Research Company expects the switchgear and switchboard apparatus manufacturing market to grow to $239 billion in 2020. Asia Pacific was the largest region in the switchgear and switchboard apparatus manufacturing market in 2016, accounting for $108 billion or 53.1% market share.

The chart below shows the year-on-year growth of the global switchgear and switchboard apparatus manufacturing market during 2016 - 2020.

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According to The Business Research Company’s Electronics Consultant, Sindhu Kanuri, the global economy is expected to go through a continued period of steady growth during 2016 – 20. The US economy was already showing some growth in 2014 and 15, and this is likely to continue during the forecast period. The European market is expected to see growth return later in the period – between 2017 and 2019. Emerging markets are expected to continue to see generally higher levels of growth than the developed markets during this period. This continued economic growth is expected to be a driver of the market for oil and gas products.
Toshiba Corporation was the largest competitor in the switchgear and switchboard apparatus manufacturing market in 2016 with a revenue of $17 billion for the financial year 2016 from the company’s energy and infrastructure division, which includes switchgear and switchboard apparatus manufacturing. Toshiba’s growth strategy is to focus on core and profitable divisions. The company sold the Toshiba medical system corp. to Canon in March 2015 to improve Toshiba’s financial position.

The switchgear and switchboard apparatus manufacturing industry comprises establishments manufacturing switchgear and switchboard apparatus. Switchgear is the combination of electrical disconnect switches and circuit breakers used in electricity transmission to interrupt or reestablish the flow of electricity.

Switchboard consists of one or more panels with various switches and indicators used to direct electricity and operate circuits. Bus bars inside switchboards are flat strips of copper or aluminum used to carry large currents through the switchboards.
Switchgear is used in combination with metering and regulating equipment to control and protect transmission lines, distribution lines, transformers, generators and motors.

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Switchgear And Switchboard Apparatus Manufacturing Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Demand For Electric Vehicle Traction Motors Continues To Grow. - 11 Aug 2017 07:40

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Motors and generators manufacturers are offering advance technologies for a wide range of electric vehicles. Technologies being offered include electric vehicle traction motors and belt driven and integrated starter generators. Electric vehicle traction motors are also known as rotating electric machines is an electric motor used for propulsion of a vehicle, whereas integrated starter generators allows engine vehicle to restart after the idle stops to save fuel and emissions. For instance, according to a report by IDTechEX electric vehicle traction motor was expected to exceed $25 billion by 2025, thus indicating high demand for electric vehicle traction motor technology.

MOTORS AND GENERATORS MANUFACTURERS MARKET TO GROW TO $133 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

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The Business Research Company expects the motors and generators manufacturers market to grow to $133 billion in 2020. Asia Pacific was the largest region in the motor and generator manufacturing market in 2016, accounting for $50 billion or 44.9% market share.

The chart below shows the year-on-year growth of the global motors and generators manufacturers market during 2016 - 2020.

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According to The Business Research Company’s Electronics Consultant, Sindhu Kanuri, motors and generators manufacturers are deploying predictive maintenance technologies to minimize breakdowns in manufacturing facilities. Predictive maintenance techniques determine the condition of equipment and predict failures that may occur. Various techniques used for predictive maintenance include vibration analysis, ultrasound, wear particle analysis and thermography. Use of smart sensors is another such technique that picks up data on certain parameters to reduce the chances of failure. For instance, ABB has introduced condition monitoring for low voltage motors through smart sensors that can be attached to motors without wiring. This sensor uses on-board algorithms to provide information on the condition of the motor through internet.

ABB Group was the largest competitor in the motor and generator manufacturing market in 2016 with revenues of $8.2 billion by the year 2016 from ABB Group’s discrete automation and motion division, which includes motor and generator manufacturing. The company’s growth strategy is to restructure the company divisions for better product classification, customer focus and productivity.

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Motors and generators manufacturing companies manufacture electric motors, power generators and motor generator sets. This industry does not include companies manufacturing internal combustion engine starting motors, power generators and motor generator sets. This industry also includes establishments rewinding armatures on a factory basis.

The motors and generators industry is categorized into the following segments

Motor Manufacturing establishments produce machines that convert electrical energy into mechanical energy and supply motive power to devices. Some devices that use electric motors include fans, blowers, household appliances, disk drives, batteries and power tools.

Generator Manufacturing companies manufacture machines that convert mechanical energy into electrical energy through the movement of electric charges in the generator’s windings for use in external circuits. This segment does not include manufacturing of turbine generator sets, internal combustion, welding and generators for battery storage in aircrafts.

Motors And Generators Manufacturers Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Welcoming Hotels’ Interiors are a New Way for Attracting International Travelers. - 11 Aug 2017 06:23

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The growing number of international travelers pushed hotels to redesign their interiors, as in the hotel industry guests are looking for more ‘inside the hotel’ experiences. This demand is driving hotel managers to ensure that all parts of their hotels are as welcoming as the lobby. This has brought in more innovations to design and aesthetics involving more comfortable and accommodating spaces. Vibrant colored interiors and access to the internet at every location is common. For example, Starwood Hotels and Resorts is testing a variety of inventive amenities, including smart floor tiles, smart mirrors and giving guests the ability to program their in-room lighting, music and coffee maker from a smartphone to give consumers more customization over their stay.

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The hospitality industry covers lodging and dining services. It comprise businesses that provide customers with lodging, prepared meals, snacks and beverages for immediate consumption. It includes both accommodation and food service establishments as these two activities are often combined at the same establishment.

The hospitality industry covers the following services –
Food and Beverage Services – Establishments that offer food and beverage services, including high-end restaurants, catering establishments, fast-food eateries, and many others.
Accommodation Services – Businesses that offer accommodation and lodging services. It includes high-end resorts, hotels, motels, hostels, dormitories, guest houses and camping services. Businesses in the accommodation services market provide lodging or short-term accommodations for travelers, vacationers and others.

According to The Business Research Company’s Hospitality Consultant, Ramesh Yelugoila, advances in technology are changing consumer expectations as well as the way in which the hospitality industry conducts its business. Some technologies like Wi-Fi, digital conference facilities, mobile communication and automation are now seen as basic. According to HT’s 2016 Lodging Technology Study, 54% of hotels will spend more money on technology to meet guests’ escalating expectations in the future. For example, near field study (NFC) technology is the next-generation short-range high frequency wireless communication technology that gives users the ability to exchange data between devices. This is ideal for self-check-ins by guests at hotels and also smart room keys. Technology development automates processes and reduces operational costs of hotels and allows them to offer a wider range of services, thus driving the hospitality market.

Among small and big players in the hospitality market McDonald’s emerged as the largest company in the market with revenues of $25.4 billion for the financial year 2015. Its growth strategy involves restructuring its franchised business model as the company plans to re-franchise almost 4000 outlets by 2018, aiming to increase annual savings by $500 million. McDonald’s also seeks to modernize and automate its services. The company introduced its mobile app in 2015 to capture the additional demand from the U.S market. In the International Lead and High Growth markets, McDonald’s plans to focus on changing consumer demands with the help of data analysis and mobile solutions. It is also introducing food items with regional tastes and pursuing refranchising opportunities to get a foothold in the Foundational Markets.

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The Business Research Company expects the hospitality market to grow to $4.4 trillion in 2016. Asia was the largest region in the hospitality market in 2016, accounting for more than one third of the market share. This can be attributed to high demand for food and beverage services, hotel and motels in countries such as China, Japan and India.

The chart and table below shows the year-on-year growth of the global hospitality market during 2016 - 2020.

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Hospitality Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Sharing Software In The Cloud. - 11 Aug 2017 05:24

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Over the past five years, cloud software solutions have been gaining acceptance from companies across all industries. Cloud is a software delivery method where a vendor hosts a software application in a remote server and customers can access it through the internet. Cloud software solutions are widely used in customer relationship management (CRM), HR/payroll, project management and accounting software systems. For example, Vodafone is utilizing Salesforce.com’s software services to make connections through social media.

INFORMATION TECHNOLOGY SERVICES MARKET TO GROW TO $1.2 TRILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

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The global Information Technology services market is expected to grow from $953 billion in 2016 to $1.2 trillion in 2020 at a compound annual growth rate (CAGR) of 5.1%. The Americas was the largest region in the IT services market in 2016, accounting for $373 billion. The Americas is the largest market because of high internet penetration, access to smart phone devices and high magazines and newspaper readership.

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According to The Business Research Company’s Technology Consultant, Moin Mohammed, digital advertising is soon projected to overtake traditional forms of advertising including print, television, radio, movies and outdoor. As consumer viewing continues to move away from traditional networks towards digital alternatives, advertisers are turning to digital advertising to reach desired demographic segments. Against this background, global digital advertisement spending is expected to reach over $250 billion by 2018. Mobile internet advertising is another growing source fueled by increasing use of smart phones. Spending in 2018 is estimated to reach $247 per mobile internet user in the USA compared to $66 in 2013. According to emarketer, mobile advertisements are expected to contribute 70% of digital advertising spend by 2019.Advertisers are increasingly valuing deep engagement and this is translating to migration of advertising spend from traditional to digital platforms.

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IBM was the largest company in the IT services market in 2016 with revenues of $72 billion for the financial year 2015. IBM’s growth strategy includes moving from a hardware, software solutions company to an emerging cognitive solutions and cloud platform company
IT services providers apply technical expertise and knowledge to enable organizations to create, manage and optimize their IT processes. The information technology services industry breaks down into custom computer programming services, computer systems design services and computer related services.

Software services write, modify, test and support the programming needs of a particular customer.

Computer systems design services companies plan and integrate computer hardware, software and communication technologies into computer systems. The industry comprises CAD, CAE, CAM and LAN systems-integration services. It also provides computer hardware and software consulting services.

Computer related services companies offer computer facilities management services, computer disaster recovery services or software installation services. Companies in this industry repair and maintain computers.

Information Technology Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1000 and $1350 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail ofni.crbt|ofni#ofni.crbt|ofni or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Utilizing Man-made Wood To Increase Revenues. - 05 Aug 2017 10:06

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The engineered wood products segment is gaining popularity and it is the fastest growing segment in manufactured wood materials market. Engineered wood is manufactured by binding veneers, boards of wood, fibers and particles with adhesives and it is widely used by customers in the construction industry. They are pre-finished, durable, water resistant and easier to mount. The engineered wood products include I-beams, laminated veneer lumber products and glulam products. I-beam product is widely used in load-bearing commercial and residential applications. These beams are of high-strength and are used to manufacture supporting structures. The end users of engineered wood products are non-residential floors manufacturers, floor and roof remodelers, non-residential sectors and new residential roof manufacturers.

MANUFACTURED WOOD MATERIALS MARKET TO GROW TO $378 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The Business Research Company expects the manufactured wood materials market to grow to $378 billion in 2020. Asia was the largest region in the manufactured wood materials market in 2016, accounting for $147 billion or 63.8% market share. This was mainly due to a population in China and India and real estate industry boom in the region, driving demand for wood flooring, interiors, furniture, door and windows.

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The chart below shows the year-on-year growth of the global manufactured wood materials market during 2016 - 2020.

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According to The Business Research Company’s Manufacturing Consultant, Abdul Wasay, major companies in this industry are entering into strategic partnerships and collaborations with complementary industries. Some of the companies are acquiring existing market players to increase their geographical presence and enhance its expertise. For instance, In June 2016, ARAUCO completed 50% share purchase agreement of Tafisa (a subsidiary of Portugal based company Sonae Industrial) to form a new joint venture Sonae-Arauco. This joint venture will focus on the manufacturing and marketing of OSB, MDF, particleboard panels, and sawn timber. Through this initiative, ARAUCO focuses on strengthening its manufactured wood materials market in Europe and South Africa

Among big and small players in the manufactured wood materials market Georgia Pacific emerged as the largest company with revenues of $17 billion in 2015. The company through its parent company Koch Industries’ distribution channel focuses on expanding its business operations outside the US. Georgia-Pacific focuses on deliver innovative solutions such as hygienic dispensing products from the collected paper dust that comes from recovering corrugated waste for recycling. Its sustainability strategy includes minimizing the impact on environment; paper recovery and recycling; recycling its products; reuse of its products; and renewing of its products. Its growth strategy includes strategic expansion in new areas to strengthen its business operations. For instance, in September 2016, it completed lumber operation in its Gurdon, Arkansas with an investment of $40 million. The expansion also include the installation of a new continuous dry kiln, a state-of-the-art planer mill.

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The Veneer, Plywood, and Engineered Wood Product establishments manufacture veneer, plywood, engineered wood members and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards.

The market can be further classified into the following segments:
Hardwood Veneer and Plywood Manufacturing establishments’ engage in the manufacturing and marketing of hardwood veneer and plywood such as panels, hardwood plywood, commercial plywood or prefinished hardwood plywood including non-wood backed or faced veneer and non-wood faced plywood from veneer. Companies in this industry focus on production of veneer for the manufacturing of wood containers such as fruit and vegetable baskets and wood boxes. Some of the key products of the segment are hardwood plywood composites, hardwood veneer or plywood, panels, hardwood plywood, hardwood or hardwood faced, prefinished hardwood plywood and veneer hardwood products.
Softwood Veneer and Plywood Manufacturing include companies’ producing commercial softwood veneer and plywood from the raw veneer produced by the same company or purchased from other companies in the market. The key products of the segment are fruit and vegetable baskets and wood boxes softwood panels’, softwood plywood, composites softwood veneer and veneer mill products.

Engineered Wood Member (except Truss) Manufacturing establishments produce fabricated or laminated wood arches, fabricated and laminated wood structured products. Some of the key products include finger joint lumber manufacturing, i-joists, fabricating laminated veneer lumber, parallel strand lumber manufacturing timbers and structural, glue laminated or pre-engineered wood.
Truss Manufacturing establishments primarily engage in the manufacturing and marketing of wood i-joists including floor trusses, roof trusses, glue laminated or pre-engineered wood manufacturing, wood roof or floor trusses, and wood, glue laminated and metal connected trusses.

Reconstituted Wood Product Manufacturing include establishments engaged in manufacturing and marketing of reconstituted wood products including hardboard, particleboard, insulation board, medium density fiberboard, wafer-board, and oriented strand board products.

Manufactured Wood Materials Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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