The Europe I-joist market is currently witnessing strong growth. I-joist refers to a lightweight, engineered wood product that is manufactured by oriented web strands placed between the top and bottom laminated flanges, giving I-joist a distinct I-shape. These strands and flanges provide a sturdy and durable wooden structure and high resistance against shrinkage or bending in ambient conditions like humidity, temperature fluctuations, and pressure change. In Europe, the demand for I-joists has escalated as they offer dimensional stability in a cost-effective manner and can withstand heavy loads for a longer span of time than conventional plywood.
The Europe I-joist market is primarily driven by the growing number of private housing repair and maintenance activities. Apart from this, the increasing financial incentives and schemes providing project development assistance by promoting sustainable building materials are propelling the growth of the market. Besides this, there have been several policies undertaken by the European Union (EU) that offer an integrated approach and long-term planning for providing high sustainability through energy and resource efficiency. These policies have led to the greater adoption of green construction materials, like I-joists, in new constructions and the renovation of the existing ones. On account of these factors, the market is expected to exhibit moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe I-joist market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, sector, new construction and replacement, and application.
Breakup by Sector:
Breakup by New Construction and Replacement:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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