Glue Laminated Timber Market By Application (Residential, Commercial, Others) and By Region - Trends, Analysis and Forecast till 2030

Glue Laminated Timber Market accounted for USD 3.27 Billion in 2020 and is estimated to be USD 5.46 Billion by 2030 and is anticipated to register a CAGR of 5.30%.

Modern construction materials include glue laminated wood. It is created by joining smaller pieces of wood with moisture-resistant glue to create longer lengths. Making glue laminated timber requires special quality lumber, which is purchased directly from lumber mills. Glue laminated timber, also referred to as "glulam," is a flexible material that may be utilized for everything from simple curve components to straight beams. It is available in numerous sizes and colors. It is renowned for both its enticing beauty and robustness. The benefits of glue laminated timber include quick construction, a wide range of span lengths, good load carrying capability with low density, ease of use with basic tools, excellent thermal insulating features, and quick construction.

The demand for glue laminated timber has recently increased dramatically as a result of wood's increasing popularity as a low-cost and environmentally friendly substitute for steel and concrete. Over the next eight years, glue laminated timber is anticipated to gain in popularity because to its increased strength, simplicity of manufacture, and low maintenance requirements. The market is anticipated to gain from rising product acclaim and consumer awareness of its advantages in regions like North America and Asia Pacific. Glue laminated wood has several uses, including framing, floor and roof beams, columns, door headers, and trusses. It is anticipated that the product will find more use in the residential, commercial, and industrial construction sectors.                         

Glue Laminated Timber Market is segmented based on application and region.

On the basis of type, the Global Glue Laminated Timber Market is segmented into Residential, Commercial, Others. 

Regional Insights:

On basis of region the Global Glue Laminated Timber Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The biggest market for glue laminated wood is in North America, which is followed by Europe and the Asia-Pacific area.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Glue Laminated Timber report based on test, application, and region.

Global Glue Laminated Timber Market, By Application:

• Residential
• Commercial
• Others

Global Glue Laminated Timber Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the Global Glue Laminated Timber Market  Includes Boise Cascade Co., Pfeifer Holz GmbH, Setra Group AB, Canfor Corporation, Calvert Company Inc., Binderholz GmbH., Mayr-Melnhof Holz Holding AG, Schilliger Holz AG, Structurlam, and Hasslacher Holding GmbH.

• Boise Cascade Co. *
• Pfeifer Holz GmbH
• Setra Group AB
• Canfor Corporation
• Calvert Company Inc.
• Binderholz GmbH.
• Mayr-Melnhof Holz Holding AG
• Schilliger Holz AG
• Structurlam
• Hasslacher Holding GmbH.