North America Glue-Laminated Timber Market Report Analysis 2022: Opportunities and Forecast till 2027 - IMARC Group

The latest report published by IMARC Group, titled " North America Glue-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the North America Glue-Laminated Timber Market size has reached a volume of 426,290 Cubic Meters in 2021. Looking forward, IMARC Group expects the market value to reach a volume of 434,240 Cubic Meters by 2027.

North America Glue-Laminated Timber Market Overview:

Glue-laminated timber refers to a kind of engineered wood product manufactured by bonding various individual pieces of timber together through moisture-resistant and resilient adhesives. They provide high resistance and stiffness in exposed and corrosive environments and also offer thermal insulation. It also reduces waste production by minimizing product damage and disposable costs. In recent years, glue-laminated timber has been significantly used in North America as an attractive architectural and structural building material for beams, columns, heavy trusses, and headers.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.

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North America Glue-Laminated Timber Market Trends:

One of the primary factors driving the market is the enhancement in building and interior designs. Additionally, the extensive utilization of glue-laminated timber as it is the sustainable and innovative material used in the building and construction industry is positively influencing the market growth. Besides this, the market is propelled by technical advancements and usage of glue-laminated timber and other engineering wood products such as cross-laminated timber. Furthermore, the rising product employment in the construction of residential and commercial buildings is catalyzing the market growth. Apart from this, the aesthetic designs, design flexibility, high engineering efficiency, and higher structural performance of glue-laminated timber have escalated its demand. Moreover, the rising environmental concerns have resulted in the adoption of glue-laminated timber as a building material has also accelerated the product adoption rate. Another major growth-inducing factor includes easy financing options available for private housing.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America glue-laminated timber market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on end-use and application.

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by End-Use
Floor Beams
Window and Door Header
Trusses and Supporting Columns
Roof Beams
Others

Market by Application
New Construction
Replacement

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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.

Sources:

https://www.openpr.com/news/2715459/north-america-frozen-seafood-market-share-growth-industry

https://www.openpr.com/news/2715466/north-america-microgrid-market-size-latest-trends-demand

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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.

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