North America Glue-Laminated Timber Market Growth, Outlook, Demand, Key player Analysis and Opportunity 2028

According to the latest report by IMARC Group, titled "North America Glue-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the North America glue-laminated timber market size reached 428,400 Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 435,410 Cubic Metres by 2028.

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.

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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. As a result, this product finds widespread applications as an attractive architectural and structural construction material for columns, headers, beams, and heavy trusses in buildings across the region. 

The escalating construction of residential and commercial buildings and the rising renovation activities for specific structural purposes are among the primary factors driving the North America 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 market across North America. 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, 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 is anticipated to propel the North America glue-laminated timber market over the forecasted period.

North America Glue-Laminated Timber Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

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

Key Market Segmentation:

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

Breakup by End-Use:

Floor Beams
Window and Door Headers
Trusses and Supporting Columns
Roof Beams
Others

Breakup by Application:

New Construction
Replacement

Breakup by Country:

United States
Canada
Mexico

Explore Full Report with TOC & List of Figure: https://bit.ly/3vDQZjX

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

Note: 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.

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