Press release
Construction Industry Boom Fuels Surge In Glue Laminated Timber Market Driver: A Major Catalyst in the Evolution of the Glue Laminated Timber Market in 2025
Glue Laminated Timber Market
The glue laminated timber market is predicted to experience significant expansion due to the swift advancement of the construction sector. The construction industry encompasses the design, creation, refurbishment, and preservation of physical buildings and infrastructure. A combination of factors, including heightened spendings on infrastructure, growing housing needs, and an increasing demand for green buildings, are fuelling the growth of the construction industry. Owing to characteristics like durability, adaptability, and appealing aesthetic, glue laminated timber has emerged as a preferred and eco-friendly construction material for modern construction endeavors. As per data from the United States Census Bureau, the authoritative US federal statistical agency, capital investments in construction operations witnessed an upswing, from $45 billion in 2021 to $53.7 billion in 2022, which is a 19.4% increase from 2021 to 2022. Therefore, the brisk expansion of the construction industry is acting as a catalyst for the glue laminated timber market.
Get Your Glue Laminated Timber Market Report Here:
https://www.thebusinessresearchcompany.com/report/glue-laminated-timber-global-market-report
How will the growth rate of the glue laminated timber market shape industry trends by 2034?
In the past few years, there has been a steady expansion of the glue laminated timber market. It is projected to increase from $3.65 billion in 2024 to $3.82 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. The significant growth in previous years is due to the increased application of glue-laminated timber across various sectors, along with the rapid expansion of the construction industry. There has also been growing demand from the residential and building and construction sectors.
In the coming years, it's expected that the glue laminated timber market will experience consistent growth, escalating to a value of $4.38 billion by 2029, with a compound annual growth rate (CAGR) of 3.5%. The escalation in market growth during the forecast period can be attributed to various factors such as the increasing demand for glue-laminated timber products, swift urbanization, unparalleled progress in the construction sector, and the rising governmental investments in glue-laminated projects. Additionally, swelling urban demographics worldwide are spurring construction activities. Trends to watch during this forecast period include persistent progression in architectural and interior design, sustainable construction, flexibility in architectural design, improved energy efficiency and thermal performance as well as increasing recognition of green building certifications.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14387&type=smp
What new trends are reshaping the glue laminated timber market and its opportunities?
Leading entities in the glue laminated timber market are pioneering unique products like timber-based solar carports with an intent to lead the competition. These are parking infrastructures crafted from wood, which house solar panels on their rooftops, fostering the use of renewable energy and sustainable materials. For example, Innoventum AB, a renewable energy firm based in Sweden, launched its version of timber-framed solar carports in September 2024. These carports are primarily built from glue-laminated timber (glulam), presenting a smaller carbon footprint in contrast to conventional steel structures. These can be fabricated from several kinds of wood such as larch, Douglas fir, and oak, procured sustainably. It is possible to customise these timber solar carports to various spaces and requirements. They are also offered either as kits or fully installed solutions, enabling flexible lengths and arrangements to suit diverse parking designs.
Which primary segments of the glue laminated timber market are driving growth and industry transformations?
The glue laminated timber market covered in this report is segmented -
1) By Type: Premium Grade, Framing Grade, Industrial Grade, Architectural Grade
2) By Shape: Straight, Curved, Custom
3) By Application: Floor And Roof Beams, Replacement, Household Framing, Window And Door Headers, Supporting Columns, Ridge And Curved Beams
4) By End-Use: Building And Construction, Architecture
Subsegments:
1) By Premium Grade: High-Performance Laminated Timber, High-Strength Laminated Timber, Aesthetic-Grade Laminated Timber
2) By Framing Grade: Structural Framing Timber, Load-Bearing Laminated Timber
3) By Industrial Grade: Heavy-Duty Laminated Timber, Industrial-Strength Laminated Timber
4) By Architectural Grade: Decorative Laminated Timber, Custom Design Laminated Timber, Exposed Laminated Timber
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14387
Which geographical regions are pioneering growth in the glue laminated timber market?
Europe was the largest region in the glue laminated timber market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glue laminated timber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the glue laminated timber market landscape?
Major companies operating in the glue laminated timber market are Stora Enso Oyj, Boise Cascade Company, Canfor Corporation, Binderholz GmbH, Pfeifer Holding GmbH, Western Forest Products Inc., Holzindustrie Schweighofer GmbH, Forest Timber Engineering Ltd., Mayr-Melnhof Holz Holding AG, Setra Group AB, W. u. J. Derix GmbH & Co. KG, Eugen Decker GmbH & Co. KG, Eacom Timber Corporation, Structurlam Mass Timber Corporation, B&K Structures Ltd., D.R. Johnson Wood Innovations LLC, Structural Wood Systems Inc., Wiehag GmbH, HASSLACHER Holding GmbH, Schilliger Holz AG, Nordic Engineered Wood, KLH Massivholz GmbH, Glulam Ltd., Calvert Company Inc., Rubner Holzbau GmbH, EcoCurves BV, Meiken Lamwood Corp.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=14387&type=smp
What Is Covered In The Glue Laminated Timber Global Market Report?
• Market Size Forecast: Examine the glue laminated timber market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the glue laminated timber market for a structured understanding.
• Key Players Overview: Analyze major players in the glue laminated timber market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the glue laminated timber market.
• Segment Contributions: Evaluate how different segments drive overall growth in the glue laminated timber market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the glue laminated timber market.
• Industry Challenges: Identify potential risks and obstacles affecting the glue laminated timber market.
• Competitive Landscape: Review strategic developments in the glue laminated timber market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Construction Industry Boom Fuels Surge In Glue Laminated Timber Market Driver: A Major Catalyst in the Evolution of the Glue Laminated Timber Market in 2025 here
News-ID: 3908438 • Views: …
More Releases from The Business Research Company
Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Diamond Market Through 2025?
In the past few years, there has been a stable expansion in the diamond market size. The prediction is it will increase from $1.33 billion in 2024 to $1.39 billion in 2025, boasting a compound annual growth rate…
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Dri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Nonmetallic Minerals Mining Support Activities Industry Market Size Be by 2025?
In the past few years, there has been a robust expansion in the size of the nonmetallic minerals mining support activities market. It is projected to escalate from $34.04 billion in 2024 to $36.55 billion…
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.1 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Professional Street Sweeper Market Size By 2025?
The market size of professional street sweepers has seen significant expansion in the past few years. The market, predicted to rise from $2.37 billion in 2024 to $2.5 billion in 2025, boasts a compound annual growth rate (CAGR)…
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtrati …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Industrial Wet Dust Collector Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a robust growth in the size of the industrial wet dust collector market. It is expected to swell from $1.89 billion in 2024 to $2 billion by 2025, showing a…
More Releases for Timber
American Pole & Timber Announcing Custom Timber Trusses for Large-Scale Commerci …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1728426751.jpeg
We work hard to make sure our trusses exceed the expectations of every client, whether it's for a custom home, a stadium, or an office building.
Known for impressive craftsmanship and durable timber structures, the company is now expanding its offerings to meet the needs of stadiums, schools, public visitor centers, and other major commercial buildings.
Houston, TX - American Pole & Timber, a leader in custom wood product manufacturing, is…
American Pole & Timber Elevates Luxury Home Design with Turnkey Timber Truss Sol …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1727459717.jpg
"Luxury homes are defined by their attention to detail, and timber trusses add an unmatched level of craftsmanship and natural beauty to these spaces." - Eric Lincoln, Sr VP Sales at American Pole & Timber
American Pole & Timber is proud to offer its turnkey timber truss solutions tailored to meet the needs of high-end residential projects.
Sep 27, 2024 - Houston, TX - As the demand for distinctive and…
American Pole & Timber Offers Complete Turnkey Timber Trusses - From Design to I …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726210590.jpeg
We understand that timber trusses are more than just structural elements - they are attention-commanding conversation pieces.
American Pole & Timber, a trusted leader in timber products and custom structural wood components, is proud to offer a complete turnkey solution for timber trusses - from initial concept design through to on-site installation.
Sep 13, 2024 - Houston, TX - American Pole & Timber, a trusted leader in timber products and…
Timber Products or Modified Timber Market Share, Growth Opportunities 2023
The global timber products or modified timber market size was valued at USD 612.3 billion in 2021 and is poised to grow at a significant CAGR of 6.8% during the forecast period 2023-29. Timber products or modified timber market refers to the market for wood products that have been modified through chemical, thermal, or other treatments to enhance their properties such as durability, strength, and resistance to decay or fire.…
Timber Frames Market Growing Popularity Emerging Trends 2028 - Bensonwood, Persi …
Worldwide Timber Frames Market Analysis to 2028 is a specialized and in-depth study of the Timber Frames Industry with a focus on the global market trend. The report aims to provide an overview of global Timber Frames Market with detailed market segmentation by product/application and geography. The global Timber Frames Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Global Glue-Laminated Timber Market 2017 - Forest Timber Engineering Ltd, Boise …
The Glue-Laminated Timber Market 2017 examines the performance of the Glue-Laminated Timber market, enclosing an in-depth judgment of the Glue-Laminated Timber market state and the competitive landscape globally. This report analyzes the potential of Glue-Laminated Timber market in the present as well as the future prospects from various angles in detail.
The Global Glue-Laminated Timber Market 2017 report includes Glue-Laminated Timber industry volume, market Share, market Trends, Glue-Laminated Timber Growth aspects,…
