Ply Board is a type of board made from wood or wood-like raw materials that is commonly used to make ply board. Ply board is commonly used in the construction of wooden base furniture nowadays. Ply board can be made from poplar and eucalyptus wood logs. Plywood is a construction material made up of veneers (thin wood layers or plies) glued together. Softwood plywood and hardwood plywood are the two styles of plywood available. Coniferous plants are usually associated with softwoods. Firs and pines are the most widely used softwoods in plywood production. Hardwood plywood is made up of hardwood veneers that have been glued together. The face and back layers surround a core made of timber, particleboard, or medium density fiberboard. Panels or plywood parts made of hardwood plywood may be pressed (e.g., curved hardwood plywood, seat backs, chair arms, etc.).
Poplar wood is a type of wood that is widely used to make furniture, cabinets, wooden toys, plywood, and other products. It's classified as a hardwood, but it's just as easy to deal with as pine or other soft trees. Poplar is a common option for interior projects, and it's always in stock at all of Builder's locations. The heartwood of poplar boards is white/ivory in colour, with green or brown lines running through it. Furthermore, the wood has a straight grain and a consistent texture. It has a medium density, which makes it ideal for painting and gluing. Particle board and plywood manufacturing in India dates back to the First World War. It has come a long way since its inception, almost doubling in size. Large producers manufacture about 38 million square meters of plywood and blackboards, accounting for 15% of total production.
Environmental issues, on the other hand, had placed the industry in jeopardy, owing to restrictions on the use of wood. Agricultural wastes such as cotton and wheat stalks, rice husk, and bagasse are increasingly making their way into the industry as raw material feeds. In terms of size, the Indian market for particle board and plywood is projected to be worth over Rs 37 billion. Particle board, which includes medium density fiberboard (MDF board), makes up about a quarter of the overall industry. Particle board is supplied by the organized sector in about 85% of cases. In the particle board segment, Western India has emerged as the market leader.
In 2019, the Indian plywood market was valued at US$ 4.5 billion, and in 2020, the market will be worth INR 222.5 billion. Plywood is made up of thin layers of wood veneers that are glued together with solid adhesives. By 2027, the global plywood industry will be worth $5 billion, with a CAGR of 7.9% from 2020 to 2027. Hardwood, one of the segments studied, is expected to rise at an annual rate of 8.2 percent, reaching US$58.8 billion by the end of the study period. As a whole there is a good scope for new entrepreneur to invest in this business.
Few Indian major players
· Archidply Industries Ltd.
· Asian Pre-Lam Inds. Pvt. Ltd.
· Associate Decor Ltd.
· Austin Plywood Pvt. Ltd.
· Century Plyboards (India) Ltd.
· Duroply Industries Ltd.
