BIS Shrapnel has completed a comprehensive assessment of the market of ESL? and ESB?, which supports the significant market potential for the project both in Australia and internationally. BIS Shrapnel are leading market researchers and economists with specialist knowledge and experience in forest management and inventory, resource modelling, feasibility studies, wood processing, market analyses and forecasts. BIS Shrapnel's detailed report included inter alia:
Engineered Wood Products ("EWPs") represent the future for the building and construction industry. They are sourced from a renewable resource, have sound environmental credentials and are fully sustainable. These products are designed to meet structural requirements. Demand for engineered structural timber in Australia has grown by approximately 20% per annum over the last five years and is expected to continue to increase in the future (source: BIS Shrapnel 2004, 2005 and 2007 - see graph/image at right). Engineered wood products are increasingly replacing traditional sawn timber in a range of building applications. Factors driving this shift include: