Glue-Laminated Timber Market Size, Trends, In-Depth Analysis and Forecast to 2028

IMARC Group, a leading market research company, has recently releases report titled "Glue-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, the global glue-laminated timber market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.

Glue-Laminated Timber Market Overview:

Glue laminated timber, commonly known as glulam, is a structural engineered wood product that plays a pivotal role in modern construction. It is crafted by bonding together multiple layers of dimensioned lumber using high-strength adhesive glues. The resulting composite material boasts remarkable strength and versatility, making it an ideal choice for a wide range of architectural and structural applications. Glulam is widely known for its sustainability, as it utilizes smaller timber pieces, often sourced from sustainably managed forests, thereby reducing waste. This engineered wood product exhibits exceptional load-bearing capabilities and dimensional stability, making it a popular choice for constructing beams, columns, arches, and various other structural elements in both commercial and residential projects. Moreover, glulam's aesthetic appeal, with its natural wood finish, offers architects and builders the flexibility to create visually appealing structures while ensuring structural integrity.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/glue-laminated-timber-market/requestsample

Glue-Laminated Timber Market Trends:

The increasing emphasis on sustainable construction practices across the globe is primarily propelling the demand for glulam, which aligns with eco-friendly building trends due to its low environmental impact and efficient use of timber resources. In addition to this, the construction industry's growing preference for lightweight yet durable materials have led to a surge in the adoption of glulam, owing to its favorable strength-to-weight ratio, which is creating a favorable outlook for market expansion. Moreover, the versatility of glulam in accommodating complex architectural designs, along with its ability to withstand seismic forces, contributes to its growing popularity in earthquake-prone regions. Apart from this, the rising awareness of the carbon footprint associated with traditional construction materials has spurred the use of glulam as a sustainable alternative, fueling the market growth.

Competitive Landscape With Key Players:

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

Some of these key players include:

• Structural Wood Systems, Inc.
• Mayr-Melnhof Holz Holding AG
• EcoCurves BV
• Forest Timber Engineering Ltd
• Boise Cascade Company

Key Market Segmentation:

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

Breakup by End Use:

• Floor Beams
• Window and Door Header
• Trusses and Supporting Columns
• Roof Beams
• Others

Breakup by Application:

• New Construction
• Replacement

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐁𝐫𝐨𝐰𝐬𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/request?type=report&id=791&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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This release was published on openPR.