Global Glue Laminated Timber Market, By Shape (Straight, Cambered, Custom), Application (Residential, Commercial, Industrial), End User (Floor Beams, Window and Door Headers, Furniture, Stairs, Ceiling Structures, Trusses and Supporting Columns, Roof Beams, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Glue Laminated Timber Market
Glue laminated timber market size is expected to grow at a compound annual growth rate of 4.68% for the forecast period of 2021 to 2028. Data Bridge Market Research report on glue laminated timber market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Glue-laminated timber also known as the glulam is a kind of engineered wood product, made by bonding several individual pieces of timber together with resilient, moisture-resistant structural adhesives. They offer high resistance and solidity in mordant and exposed environments and also provide thermal insulation.
The rise in the building and construction industry in developing economies is expected to influence the growth of the glue laminated timber market. In line with this, the high degree of engineering effectiveness, better structural performance, design flexibility and esthetic designs are also anticipated to act as key determinants favoring the growth of the glue laminated timber market over the forecast period of 2021 to 2028. Also the, rise in the concerns across the globe regarding wood as a building material and rapid shift in the consumer preference for wood-based construction due to its stability, high thermal performance and light weight, thus are also expected to positively impact the growth of the glue laminated timber market. The major factor accountable for the growth of the market is the high demand for high-quality furniture.
However, the easy deformation and the cracking of wood are likely to act as key restraints towards glue laminated timber market growth rate in the forecast period of 2021 to 2028, whereas the high cost of glue laminated timber can challenge the growth of the glue laminated timber market in the above mentioned forecast period.
Furthermore, the rise in the expansion of the construction sector, increase in the number of glue laminated timber made homes and rise in the use of glue laminated timber in the industrial sector are expected to offer a variety of growth opportunities for the glue laminated timber market in the above mentioned forecast period.
This glue laminated timber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on glue laminated timber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glue Laminated Timber Market Scope and Market Size
Glue laminated timber market is segmented on the basis of shape, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of shape, the glue laminated timber market is segmented into straight, cambered and custom.
- Based on application the glue laminated timber market is segmented into residential, commercial and industrial. Residential has further been segmented into detachable houses and multi-story building. Commercial has further been segmented into sports halls and leisure buildings, agriculture buildings, public and administrative buildings and others.
- The end user segment for glue laminated timber market is segmented into floor beams, window and door headers, furniture, stairs, ceiling structures, trusses and supporting columns, roof beams and others.
Glue Laminated Timber Market Country Level Analysis
Glue laminated timber market is analyzed and market size, volume information is provided by country, shape, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe leads the glue laminated timber market because of the high acceptance and growing consumption of wood as a building material and large number of glue laminated timber made homes. Asia-Pacific is expected to expand at a significant growth over the forecast of 2021 to 2028 due to the rapid expansion of the construction sector and rise in the preference of manufacturers to shift manufacturing facilities to China and Australia.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glue Laminated Timber Market Share Analysis
Glue laminated timber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glue laminated timber market.
The major players covered in the glue laminated timber market report are Structurlam Mass Timber Corporation, Canfor, Eugen Decker Holzindustrie KG, Setra Group AB, Schilliger Holz AG, Binderholz GmbH, HASSLACHER Holding GmbH, EcoCurves, Calvert Co., Inc., FFOREST TIMBER ENGINEERING LTD., B&K Structures, Buckland Timber, HESS TIMBER GmbH, Boise Cascade, Swedish Wood, Katerra, Ledinek, Mayr-Melnhof Holz Gaishorn GmbH, Structural Wood Systems and PFEIFER GROUP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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