Marine plywood is manufactured from durable face and core veneers, with few defects so it performs longer in both humid and wet conditions and resists delaminating and fungal attack. Its construction is such that it can be used in environments where it is exposed to moisture for long periods. Each wood veneer will be from tropical hardwoods, have negligible core gap, limiting the chance of trapping water in the plywood and hence providing a solid and stable glue bond. It uses an exterior Water and Boil Proof (WBP) glue similar to most exterior plywood.
Marine plywood is a good-quality, hardwood plywood made with waterproof glue. They are generally used for building boats and ships, and any other applications in which the plywood can get exposed to water. Earlier, the major applications of this plywood were confined to the marine industry. However, with increasing technological advancements, they are now also being used in several residential and commercial purposes.The utilization of marine plywood in the marine industry for manufacturing stringers, floor, transom, boat cabinetry, walls, seating, etc. is anticipated to drive the marine plywood industry in the coming years. Additionally, the growing popularity of marine plywood in other applications like building rooftops and doors in residential spaces is expected to further fuel its demand.

Market Analysis and Insights: Global Marine Plywood Panels Market
The global Marine Plywood Panels market is valued at US$ 701 million in 2019. The market size will reach US$ 711 million by the end of 2026, growing at a CAGR of 0.2% during 2021-2026.

Global Marine Plywood Panels Scope and Segment
Marine Plywood Panels market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Marine Plywood Panels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
<6mm
6mm-18mm
>18mm

Segment by Application
Marine Application
Non-Marine Application
In Marine Plywood Panels market, Marine Application segment holds an important share in terms of application, and it is expected to reach a volume of 524.36 (K Cubic Meters) by 2025, at a CAGR of 0.59% during 2018 and 2025. It means that Marine Plywood Panels will be promising in the Marine field in the next couple of years.

By Company
UPM Plywood
Potlatch Corporation
SVEZA
Roseburg
Greenply Industries
Mampilly Plywood Industries
Jisheng Tocho
Joubert Plywood
Asia Plywood Company
Samling
Austral Plywoods
Bahar Timber
Van Styn
Anchor Marine Plywood
TaiNuo Plywoods
Consmos

Production by Region
North America
Europe
China
Southeast Asia
India
Australia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E