Sawmills & Wood Production in Texas
Over the five years to 2017, the Sawmills and Wood Production industry in Texas has performed largely in line with the national industry. Demand for industry products is closely tied to the performance of residential construction markets, which have exhibited strong growth over the past five years. In turn, construction companies, lumber wholesalers and downstream manufacturers of value-added wood products have increased their purchase of sawmill lumber. Industry revenue has also been aided by growth in selling prices. Over the five years to 2022, the Sawmills and Wood Production industry in Texas will continue to perform largely in line with the national industry. The housing market will likely cool relative to a period in which it was still rebounding from the earlier recession and amid an expected rise in interest rates. New home construction in Texas will outperform the national average, but limited timber supplies will prevent the industry from fully servicing the state's demand for lumber.
Companies in this industry primarily saw dimension lumber, boards, beams, bolts, poles, shingles, siding and wood chips from logs. Industry operators also chemically treat lumber to preserve and protect it from fire, moisture, mold and insects. This industry excludes operators that plane purchased lumber and manufacture shapes, veneer and engineered lumber products and cut and transport timber.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.