Plywood is a three-layer or multi-layer board-like material made of wood pieces that are peeled into veneer or sliced ​​into veneer, and then glued with adhesive. Usually, odd-numbered veneers are used and adjacent layers of veneers are used. The fiber direction is perpendicular to each other and glued together.

1. Development history

Plywood is a three-layer or multi-layer board-like material made of wood pieces that are peeled into veneer or sliced ​​into veneer, and then glued with adhesive. Usually, odd-numbered veneers are used and adjacent layers of veneers are used. The fiber direction is perpendicular to each other and glued together. Plywood is one of the commonly used materials for furniture and is one of the three mainstream panels of wood-based panels. Plywood can increase the utilization rate of wood and is a major way to save wood.

Plywood is the leading product in China’s wood-based panels, and it is also an advantageous product in wood-based panel products that has the earliest start, the fastest development speed, and the strongest international competitiveness. Because of its excellent performance and ease of processing, it is widely used in construction, furniture, transportation, packaging and other fields.

2. Status of supply and demand

Plywood is a kind of wood-based panel with the earliest origin and the most widely used in human history. Plywood has the advantages of excellent performance, low price, simple preparation, etc. It can replace solid wood and is widely used in interior decoration. China’s plywood production has increased from 71 million cubic meters in 2010 to 198 million cubic meters in 2019, with a compound annual growth rate of 11.98%. China’s plywood production in 2020 is expected to be 215 million cubic meters.

China’s plywood production is mainly based on wood plywood. In 2019, China’s wood plywood output was 162.4 million cubic meters, accounting for 82.15% of total output; bamboo plywood output was 177.7 million cubic meters, accounting for 8.93% of total output, and blockboard output was 17.6 million cubic meters, accounting for 8.92% of the total output.

In the late 1990s, as my country’s real estate industry continued to heat up, the market capacity of the furniture manufacturing industry and building decoration industry continued to be released, and the domestic demand market for plywood gradually expanded. The apparent demand for plywood in China in 2019 was 190 million cubic meters, an increase of 10.7% from the 170 million cubic meters in 2018.

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