Global Glue Laminated Timber Market Overview
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.
Global Glue Laminated Timber Market Drivers & Restraints
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.
Global Glue Laminated Timber Market Segmentations & Regional Insights
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:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020– 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
Market Segmentation |
By Application – Residential, Commercial, Others. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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
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- 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
- Middle East & Africa
Global Glue Laminated Timber Market Competitive Landscape & Key Players
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.
Global Glue Laminated Timber Market Company Profile
- 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.
Global Glue Laminated Timber Market Highlights
FAQs
The global glue laminated timber market report segments the market on the basis of application, and region.
Due to the growth of wood as a low-cost drives the market of glue laminated timber.
North America has the greatest market for glue laminated timber, followed by Europe & also Asia-Pacific region.
Key players in the global glue laminated timber market include, 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.