Overview and Scope
Glue laminated timber refers a type of structurally engineered wood product made up of layers of solid wood boards bonded together with high-strength adhesive. It has the ability to span long distances and carry heavy loads while remaining lightweight and inexpensive. The purpose of glue laminated timber is to produce large, sturdy, and adaptable structural elements for use in construction projects.
Sizing and Forecast
The glue laminated timber market size has grown steadily in recent years. It will grow from $3.48 billion in 2023 to $3.65 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to rising use of glue-laminated timber in numerous industries, rapid growth of the construction industry, increasing demand from building & construction sector, increasing demand from building & construction sector, increasing demand from residential sector.
The glue laminated timber market size is expected to see steady growth in the next few years. It will grow to $4.24 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to demand for glue-laminated timber products, rapid urbanization, rapid urbanization unprecedented growth in the construction sector, rising government investments in glue-laminated, growing urban populations worldwide stimulate construction activities. Major trends in the forecast period include continuous advancements in architecture and interior designs, sustainable construction, architectural design flexibility, energy efficiency and thermal performance, green building certifications.
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Segmentation & Regional Insights
The glue laminated timber market covered in this report is segmented –
1) By Type: Premium Grade, Framing Grade, Industrial Grade, Architectural Grade
2) By Shape: Straight, Curved, Custom
3) By Application: Floor And Roof Beams, Replacement, Household Framing, Window And Door Headers, Supporting Columns, Ridge And Curved Beams
4) By End-Use: Building And Construction, Architecture
Europe was the largest region in the glue laminated timber market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glue laminated timber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rapid growth of the construction industry is expected to propel the growth of the glue laminated timber market going forward. The construction industry involves planning, creating, renovating, and maintaining physical structures and infrastructure. The construction industry is on the rise due to several factors, including growing infrastructure investments, rising housing demands, and the rising need for green infrastructure. Glue laminated timber is a versatile and sustainable structural material that offers strength, flexibility, and aesthetic appeal in contemporary construction projects. For instance, in February 2022, according to a report published by the Office for National Statistics, a UK-based administrative office, the construction sector saw a record rise of 12.7% in 2021 compared to 2020. The construction output volume increased by 2.0% in December 2021, driven entirely by a 3.5% growth in new work. Therefore, the rapid growth of the construction industry is driving the growth of the glue laminated timber market.
Key Industry Players
Major companies operating in the glue laminated timber market are Stora Enso Oyj, Boise Cascade Company, Canfor Corporation, Binderholz GmbH, Pfeifer Holding GmbH, Western Forest Products Inc., Holzindustrie Schweighofer GmbH, Forest Timber Engineering Ltd., Mayr-Melnhof Holz Holding AG, Setra Group AB, W. u. J. Derix GmbH & Co. KG, Eugen Decker GmbH & Co. KG, Eacom Timber Corporation, Structurlam Mass Timber Corporation, B&K Structures Ltd., D.R. Johnson Wood Innovations LLC, Structural Wood Systems Inc., Wiehag GmbH, HASSLACHER Holding GmbH, Schilliger Holz AG, Nordic Engineered Wood, KLH Massivholz GmbH, Glulam Ltd., Calvert Company Inc., Rubner Holzbau GmbH, EcoCurves BV, Meiken Lamwood Corp.
The glue laminated timber market report table of contents includes:
1. Executive Summary
2. Glue Laminated Timber Market Characteristics
3. Glue Laminated Timber Market Trends And Strategies
4. Glue Laminated Timber Market - Macro Economic Scenario
5. Global Glue Laminated Timber Market Size and Growth
…
32. Global Glue Laminated Timber Market Competitive Benchmarking
33. Global Glue Laminated Timber Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Glue Laminated Timber Market
35.Glue Laminated Timber Market Future Outlook and Potential Analysis
36. Appendix
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The latest trending report Global Glue Laminated Timber Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Glue Laminated Timber market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.5% in the forecast period of 2020 to 2025 and will expected to reach USD 5243.6 million by 2025, from USD 4394.2 million in 2019.The Glue Laminated Timber market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/36254-glue-laminated-timber-market-analysis-reportThe major players covered in Glue Laminated Timber are: Boise Cascade Mayr-Melnhof Holz Holding Canfor Calvert Structurlam Pfeifer Holz B & K Structures Schilliger Holz Setra Group Binderholz Eugen Decker Holzindustrie Meiken LamwoodBy Type, Glue Laminated Timber market has been segmented into Hardwood Plywood Coniferous PlywoodBy Application, Glue Laminated Timber has been segmented into: Residential Commercial OthersThe report offers in-depth assessment of the growth and other aspects of the Glue Laminated Timber market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Glue Laminated Timber Market @ https://www.decisiondatabases.com/contact/download-sample-36254The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Glue Laminated Timber product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Glue Laminated Timber, with price, sales, revenue and global market share of Glue Laminated Timber in 2018 and 2019.Chapter 3, the Glue Laminated Timber competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Glue Laminated Timber breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Glue Laminated Timber market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Glue Laminated Timber sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Glue Laminated Timber Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-36254Other Reports by DecisionDatabases.com:Global Cross Laminated Timber (CLT) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Timber Formwork Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Glue Laminated Timber Market Research Report, By Application (Residential, Commercial, Others) and Region — Global Forecast till 2023 Market Synopsis: Global Glue Laminated Timber MarketRapid growth in residential and non-residential projects in the Asia-Pacific and Middle Eastern region is anticipated to drive demand for glue laminated timber (glulam).
The products visual appeal, high strength, and durability is projected to positively influence market growth over the coming years.
The global glue laminated timber market is expected to witness a CAGR of around 5.5% from 2018 to 2023.
The products strength, durability, and design flexibility are expected to foster applications in infrastructure development and new construction projects.Get Report Sample : https://www.marketresearchfuture.com/sample_request/7225 Global Glue Laminated Timber Market: Regional AnalysisThe global glue laminated timber market has been segmented region-wise that includes North America, Europe, Asia-Pacific, and Rest of the world (RoW).
The demand for glulam in Asia Pacific is projected to grow at a high CAGR on account of favorable policies for infrastructure and housing development.
Easy financing options available for private housing and commercial buildings is projected to ease growth of the construction sector, thereby, positively influencing the demand for glue laminated timber in Asia-Pacific.Preference and accreditations given for construction of green buildings is also anticipated to propel demand for glulam.
