I-Joist Market is Expected to Grow with the CAGR Of 10.2% in the Forecast Period| Top Companies: NORDIC STRUCTURES, Anthony Forest Products Company, LLC, Nascor Systems

The I-joist market size is expected to grow at a compound annual growth rate of 10.2% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on I-Joist 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.

I-joist is a type of an engineered wood product which is made from a combination of timber products such as graded solid timber or laminated veneer timber. I-joist is also known as a composite wooden joist, wooden I-beam and plywood I-beam, I-joist has two parts, specifically the web and flanges. The web is placed among the top and bottom flanges which gives it the distinctive 'I' shape.

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The high growth of the construction sectors is expected to influence the growth of the I-joist market. In line with this, the rise in the usage in wall studs and roof rafters and the increase in the use for installing flooring and roof framing, owing to its lightweight yet resilient properties are also anticipated to act as key determinants favoring the growth of the I-joist market over the forecast period of 2021 to 2028. Also the, better strength and stiffness of I-joist with an enhanced aesthetic appearance and flexibility are also expected to positively impact the growth of the I-Joist market. The major factor accountable for the growth of the market is that it is cheaper, stronger and easily available when compared to plywood.

However, the presence of substitutes and high investments required in R&D are likely to act as key restraints towards I-joist market growth rate in the forecast period of 2021 to 2028, whereas the design complexity can challenge the growth of the I-joist market in the above-mentioned forecast period.

Competitive Landscape and I-Joist Market Share Analysis

I-joist 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, and application dominance. The above data points provided are only related to the companies' focus related to the I-joist market.

Key Market Competitors Covered in the Report
NORDIC STRUCTURES
Anthony Forest Products Company, LLC
Nascor Systems
TECO Building Products
Boise Cascade
Pryda
Louisiana-Pacific Corporation
Tri-State Forest Products, Inc.

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Furthermore, the rapid development of smart cities, various options for designing economical floor joist layouts and being easy to install and the increase in need for renovating residential spaces on the global are expected to offer a variety of growth opportunities for the I-joist market in the above mentioned forecast period.

This I-joist 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 I-joist 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 I-Joist Market Scope and Market Size

I-Joist market is segmented on the basis of type, application and end use. 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 type, the I-joist market is segmented into metal, plastic and others.
Based on application, the I-joist market is segmented into architecture, floors, roofs, bridge and others.
The end use segment for the I-joist market is segmented into residential and commercial. The residential sector leads the market, accounting for the majority of the total I-joist market share.

I-Joist Market Country Level Analysis      I-joist market is analyzed and market size, and volume information is provided by country, type, application, and end-use as referenced above.

The countries covered in the market report are the U.S., Canada, and Mexico in North America, Germany, France, the 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.

North America leads and is also expected to witness significant growth in the I-joist market over the forecast period because of the rapid development of smart cities and the rise in the need for renovating residential spaces on the globe.

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Partial Table of Content:

Chapter One: Introduction

Chapter Two: Executive Summary

Chapter Three: Growth Opportunities By Segment

Chapter Four: Market Landscape

Chapter Five: Company Profiles

...

New Business Strategies, Challenges & Policies are mentioned in the Table of Contents, Request TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-i-joist-market

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