Reclaimed lumber market is expected to see significant growth

Posted on | By Shirley Kay
reclaimed-lumber-market-is-expected-to-see-significant-growth-1-xsx.jpg reclaimed-lumber-market-is-expected-to-see-significant-growth-2-zdm.jpg reclaimed-lumber-market-is-expected-to-see-significant-growth-3-bou.png
Massachusetts, USA
Global Newswire reported the reclaimed lumber global market is expected to see significant growth. Apart from its sustainability and cost effectiveness, it brings the bonus of unique character and a past life story. They also emphasise the benefits of reclaimed wood over new-growth wood for being 'less prone to issues such as shrinkage, warping, and twisting.'
 
The latest research results from SkyQuest Technology Consulting Pvt. Ltd states:
 
'the use of reclaimed wood for timber framing and structural applications in the construction industry is gaining popularity due to its strength, durability, and environmental sustainability. Builders and architects increasingly incorporate reclaimed lumber in large-scale commercial and industrial projects to fulfil their sustainability objectives and provide distinctive, superior-quality materials that set their projects apart.'
 
Based on the SkyQuest research the reclaimed lumber market has an expected global growth of 4.6% CAGR (Compound Annual Growth Rate) and the North American and the Asian Pacific regions are expected to 'experience the most significant growth.'
 
SkyQuest Technology Group based in Massachusetts, USA, Hong Kong and India is a global market intelligence, innovation management and commercialisation organisation offering consulting services and reports.
 
All the reclamation companies mentioned in the SQ report, such as Viridian Wood, Oregon, True American Grain, California, Old Wood Ltd, Ohio and Beam and Board LLC in Wisconsin are listed in the Salvo Directory, making it a useful tool for all your renovation projects. Currently, only a small percentage of building materials are reused following their first application, with mainstream construction facing a number of real and perceived barriers, but so much more is possible.
 
Looking to reuse more and reduce the environmental impact of your project? Visit futuREuse, Salvo's new reuse economy platform. Whether you are looking to identify reusable material in existing buildings, circulate, source or specify reclaimed elements, we can help.
 
Note:
The image of reclaimed Black Afara Indigbo was salvaged from the famous " Shaka Zulu " restaurant based in Camden and is currently for sale on SalvoWEB from the Antique Oak Flooring Company, based in the UK. The floorboards are a timber called Indigbo or Black Afara, originally sourced from Africa. This consignment is truly unique and as the image shows the boards would grace any period property or restoration project. The Antique Oak Flooring Company is a Truly Reclaimed certified Salvo Code member.
Global Newswire: SQ Reclaimed Lumber Market is Expected to Surpass USD 73.58 Billion by 2030 at a CAGR of 4.6% from 2022 to 2030
Visit futuREuse and get in touch for support on integrating more reuse into your projects

Story Type: News