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Glue-Laminated Timber Market Size, Share, Key Players, Industry Overview, Trends and Analysis 2022-2027

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Glue-Laminated Timber Market Size, Share, Key Players, Industry Overview, Trends and Analysis 2022-2027

October 05
23:31 2022
Glue-Laminated Timber Market Size, Share, Key Players, Industry Overview, Trends and Analysis 2022-2027
The Glue-Laminated Timber Market to reach US$ 4.8 Billion by 2027, exhibiting a CAGR of 3% during 2022-2027.

The latest report published by IMARC Group, titled“Glue-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, offers a comprehensive analysis of the industry, which comprises insights on the glue-laminated timber market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global glue-laminated timber market size reached a value of US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2027, exhibiting a CAGR of 3% during 2022-2027.

Industry Overview and Application:

Glue-laminated timber also referred to as glulam, represents a structurally engineered wood product manufactured by adhering layers of dimensional lumber with an adhesive. It is eco-friendly, strong, non-corrosive, durable, and lightweight. Glulam assists in waste reduction by minimizing the disposable costs and product damage. It offers high resistance and stiffness in corrosive and exposed environments, along with providing thermal insulation. As a result, this glue-laminated timber finds widespread applications as an attractive architectural and structural construction material for columns, headers, beams, and heavy trusses in buildings across the globe. 

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/glue-laminated-timber-market/requestsample

Glue-Laminated Timber Market Trends: 

The escalating construction of residential and commercial buildings and the rising renovation activities for specific structural purposes are among the primary factors driving the glue-laminated timber market. Besides this, the elevating requirement for engineered wood in place of natural lumber variants, owing to the increasing environmental concerns in individuals, is further augmenting the market growth. Moreover, various technological advancements and the usage of glue-laminated timber and other cross-laminated wood are also catalyzing the global market. Apart from this, the inflating product demand in household framing, industrial building activities, architecture, etc., is acting as another significant growth-inducing factor. Additionally, the growing popularity of glulam for constructing beams, highway bridges, trusses, supporting columns, and warehouse roofs, on account of its exceptional design flexibility, is also stimulating the market growth. Furthermore, the launch of several policies by the government bodies to promote infrastructural development, especially among the developing regions, is anticipated to propel the glue-laminated timber market over the forecasted period. 

Competitive Landscape with Key Players:

The competitive landscape of the glue-laminated timber market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:  

  • Structural Wood Systems, Inc.
  • Mayr-Melnhof Holz Holding AG
  • EcoCurves BV
  • Forest Timber Engineering Ltd
  • Boise Cascade Company

 

Key Market Segmentation:

The report has segmented the glue-laminated timber market on the basis of end-use, application and region.

Breakup by End Use:

  • Floor Beams
  • Window and Door Header
  • Trusses and Supporting Columns
  • Roof Beams
  • Others

 

Breakup by Application:

  • New Construction
  • Replacement

 

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

 

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=791&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Cross Laminated Timber Market Report: https://bit.ly/3MLYYnu

Pallet Market Report: https://bit.ly/3BKWSBo

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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