Wood Moisture Meters Market Trends

  • Report ID: 5766
  • Published Date: Feb 29, 2024
  • Report Format: PDF, PPT

Wood Moisture Meters Market Trends

Growth Drivers

  • Growing Demand for Paper & Pulp - Around 413 million metric tonnes of paper and paperboard were produced worldwide in 2022. Compared to the prior year, this represented a rise of more than 3 percent. Therefore, the need for wood moisture testing is also surging. An excessive amount of moisture retained in the paper might have a negative impact on its conductivity, strength, weight, dimensions, and flatness. Essentially, the entire batch can be ruined if there is too much moisture left in the paper.
     
  • High Resistivity of Wood & Least Adverse Effect on Environment - When dried to conventional moisture content levels (generally between about 6% and 12% for most wood species), wood naturally resists electrical conduction. Furthermore, when compared to materials including metals, marble, glass, and concrete, wood has a low thermal conductivity (high heat-insulating ability). Since thermal conductivity increases with density and moisture content and is greatest in the axial direction, light, dry timbers make excellent insulators. Therefore, the wood moisture meters market is surging. Additionally, the environmental impact of wood is less than that of other building materials including steel or concrete. It is therefore less expensive to produce. Also, the production of wood has less of an influence on the environment and wastes less water, especially when compared to the steel industry. Therefore, with the surge in environmental conscious people the wood moisture meters market is expected to observe surge.
     
  • Surge in Preference for Online Shopping  - There has been a rise in the popularity of e-commerce websites since it offers a variety of options to the customer as compared to physical shops. Furthermore, often, shopping online is less expensive than attending a physical store. Aside from the potential for discounts and promotions, online retailers are not subject to the same overhead expenses as brick-and-mortar establishments, such as rent and power. As a result, they might be able to offer consumers lower prices. Hence, most constructors and vendors prefer e-commerce websites to obtain wood moister testers. Since these websites have made this product reach to a large number of people the wood moisture meters market is growing.

Challenges

  • Lack of Investment
  • Lack of Durability of Wood - When employed as a building material, wood has several disadvantages. Its structure and endurance may be weakened by fire, dampness, insects, fungus, and rot. Additionally, it is prone to warping, cracking, shrinking, and swelling, which can result in dimensional instability and aesthetic flaws. Furthermore, wood needs routine care, protection, and treatment, all of which can be expensive and labor-intensive. Furthermore, it might not be appropriate for large-span or high-rise structures due of its low strength and stiffness. Hence, the preference for wood construction might fall which further might also restrain the wood moisture meters market revenue for wood moisture meters.
  • Lack of Awareness Among People 

Wood Moisture Meters Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~8%

Base Year Market Size (2023)

~ USD 2 Billion

Forecast Year Market Size (2036)

~ USD 9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 5766
  • Published Date: Feb 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing demand for paper & pulp, high resistivity of wood & least adverse effect on environment, and surge in preference for online shopping.

The market size of wood moisture meters is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Delmhorst Instrument Co., Shenzhen GVDA Technology Co., Ltd., Bosch Limited, Wagner Meters, and others.

The construction segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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