Glue-laminated timber, or glulam is a type of engineered wood product which is made by bonding together several individual pieces of timber with durable, moisture-resistant structural adhesives. Glue-laminated timber offers high resistance and stiffness in corrosive and exposed environments, along with offering thermal insulation. The latest report by IMARC Group titled, “Glue-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the glue-laminated timber market reached a value of US$ 3.4 Billion in 2017, growing at a CAGR of 4.7% during 2010-2017.
The market for glue-laminated timber is being escalated by its expanding applications across several industries. Glue-laminated timber is a widely available and sustainable material which offers flexibility of shape and size. As a result of this, it finds applications in various areas such as household framing, industrial construction, architecture, etc. Owing to these factors, the market is further expected to reach a value of US$ 4.1 Billion by 2023.
On the basis of end-use the market is segmented into floor beam, window and door header, commercial, roof beam, etc. The floor beam segment is the largest consumer for glue-laminated timber, accounting for more than a third of the total global shares. The report has conducted an evaluation of the market on the basis of key regions and finds that Europe is the largest market for glulam. Some of the other major regions are Asia-Pacific, North America, Latin America and Middle East and Africa. The report has also analysed the market on the basis of competitive landscape and has provided the details of the key players. Some of the major players are Structural Wood Systems, Eco Curves, Forest Timber Engineering Ltd., Boise Cascade, etc.
This report provides a deep insight into the global glue-laminated timber industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a glue-laminated timber manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the glue-laminated timber industry in any manner.
Key Questions Answered in This Report:
- What are the key success and risk factors in the glue-laminated timber industry?
- How has the glue-laminated timber market performed so far and how will it perform in the coming years?
- What is the structure of the glue-laminated timber industry and who are the key players?
- What are the various unit operations involved in a glue-laminated timber plant?
- What is the total size of land required for setting up a glue-laminated timber plant?
- What are the machinery requirements for setting up a glue-laminated timber plant?
- What are the raw material requirements for setting up a glue-laminated timber plant?
- What are the utility requirements for setting up a glue-laminated timber plant?
- What are the manpower requirements for setting up a glue-laminated timber plant?
- What are the infrastructure costs for setting up a glue-laminated timber plant?
- What are the capital costs for setting up a glue-laminated timber plant?
- What are the operating costs for setting up a glue-laminated timber plant?
- What should be the pricing mechanism of glue-laminated timber products?
- What will be the income and expenditures for a glue-laminated timber plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Engineered Wood Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Global Glue-Laminated Timber Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Trends
6.3.1 Key Price Indicators
6.3.2 Current and Historical Price Trends
6.3.3 Price Forecast
6.4 Market Breakup by Region
6.5 Market Breakup by End Use
6.6 Market Breakup by New Construction and Replacement Application
6.7 Market Forecast
6.8 SWOT Analysis
6.8.1 Overview
6.8.2 Strengths
6.8.3 Weaknesses
6.8.4 Opportunities
6.8.5 Threats
6.9 Value Chain Analysis
6.9.1 Overview
6.9.2 Forest Owners
6.9.3 Sawmills
6.9.4 Glue-Laminated Timber Manufacturers
6.9.5 Distributors and Retailers
6.9.6 Exporters
6.9.7 End-Use Industries
6.10 Porter’s Five Forces Analysis
6.10.1 Overview
6.10.2 Bargaining Power of Buyers
6.10.3 Bargaining Power of Suppliers
6.10.4 Degree of Competition
6.10.5 Threat of New Entrants
6.10.6 Threat of Substitutes
6.11 Key Success and Risk Factors
7 Market Breakup by Region
7.1 Asia Pacific
7.2 North America
7.3 Europe
7.4 Latin America
7.5 Middle East and Africa
8 Market Breakup by End Use
8.1 Floor Beam
8.2 Window and Door Header
8.3 Commercial
8.4 Roof Beam
8.5 Others
9 Market Breakup by New Construction and Replacement Application
9.1 New Construction
9.2 Replacement
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
11 Glue-Laminated Timber Manufacturing
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operation Involved
11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Material Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utilities Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Taxation and Depreciation
14.5 Income Projections
14.6 Expenditure Projections
14.7 Financial Analysis
14.8 Profit Analysis
15 Key Player Profiles
List of Figures
Figure 1: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metre), 2010-2017
Figure 2: Global: Engineered Wood Market: Value Trends (in Billion US$), 2010-2017
Figure 3: Global: Engineered Wood Market: Price Trends (in US$/Cubic Metre), 2010 & 2017
Figure 4: Global: Engineered Wood Market: Breakup by Product Type (in %), 2017
Figure 5: Global: Engineered Wood Market: Breakup by Application (in %), 2017
Figure 6: Global: Engineered Wood Market: Breakup by Region (in %), 2017
Figure 7: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Meter), 2018-2023
Figure 8: Global: Engineered Wood Market Forecast: Value Trends (in Billion US$), 2018-2023
Figure 9: Global: Glue-Laminated Timber Market: Volume Trends (in Million Cubic Metre), 2010-2017
Figure 10: Global: Glue-Laminated Timber Market: Value Trends (in Billion US$), 2010-2017
Figure 11: Global: Glue-Laminated Timber Market: Average Price Trends (in US$/Cubic Metre), 2010 - 2017
Figure 12: Global: Glue-Laminated Timber Market: Average Price Trends Forecast (in US$/Cubic Metre), 2018 - 2023
Figure 13: Global: Glue-Laminated Timber Market: Breakup by Region (in %), 2017
Figure 14: Global: Glue-Laminated Timber Market: Breakup by End Use (in %), 2017
Figure 15: Global: Glue-Laminated Timber Market: Breakup by New Construction and Replacement Application (in %), 2017
Figure 16: Global: Glue-Laminated Timber Market Forecast: Volume Trends (in Million Cubic Metre), 2018-2023
Figure 17: Global: Glue-Laminated Timber Market Forecast: Value Trends (in Billion US$), 2018-2023
Figure 18: Global: Glue-Laminated Timber Market: SWOT Analysis
Figure 19: Global: Glue-Laminated Timber Market: Value Chain Analysis
Figure 20: Global: Glue-Laminated Timber Market: Porters Five Forces Analysis
Figure 21: Global: Glue-Laminated Timber Market: Breakup by Region (in %), 2023
Figure 22: Asia-Pacific: Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 23: North America: Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 24: Europe: Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 25: Latin America: Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 26: Middle East and Africa: Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 27: Global: Glue-Laminated Timber Market: Breakup by End Use (in %), 2023
Figure 28: Global: Floor Beam Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 29: Global: Window and Door Header Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 30: Global: Commercial Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 31: Global: Roof Beam Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 32: Global: Glue-Laminated Timber Market: Breakup by New Construction and Replacement Application (in %)
Figure 33: Global: Commercial Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 34: Global: Residential Glue-Laminated Timber Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 35: Manufacturing Process of Glue-Laminated Timber: Detailed Process Flow
Figure 36: Glue-Laminated Timber Manufacturing Process: Conversion Rates of Products
Figure 37: Glue-Laminated Timber Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 38: Glue-Laminated Timber Industry: Profit Margins at Various Levels of the Supply Chain
Figure 39: Glue-Laminated Timber Manufacturing Plant: Breakup of Operating Costs (in %)
List of Tables
Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Glue-Laminated Timber Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Glue-Laminated Timber Market Forecast: Breakup by Region, (in Million Cubic Metre), 2018-2023
Table 4: Global: Glue-Laminated Timber Market Forecast: Breakup by End Use, (in Million Cubic Metre), 2018-2023
Table 5: Global: Glue-Laminated Timber Market Forecast: Breakup by New Construction and Replacement Application, (in Million Cubic Metre), 2018-2023
Table 6: Glue-Laminated Timber Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Glue-Laminated Timber Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 8: Glue-Laminated Timber Manufacturing Plant: Costs Related to Machinery (in US$)
Table 9: Glue-Laminated Timber Manufacturing Plant: Raw Material Requirements
Table 10: Glue-Laminated Timber Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 11: Glue-Laminated Timber Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Details of Financial Assistance Offered by Financial Institutions
Table 13: Glue-Laminated Timber Manufacturing Plant: Capital Costs (in US$)
Table 14: Glue-Laminated Timber Manufacturing Plant: Techno-Economic Parameters
Table 15: Glue-Laminated Timber Manufacturing Plant: Taxation and Depreciation
Table 16: Glue-Laminated Timber Manufacturing Plant: Income Projections (in US$)
Table 17: Glue-Laminated Timber Manufacturing Plant: Expenditure Projections (in US$)
Table 18: Glue-Laminated Timber Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 19: Glue-Laminated Timber Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 20: Glue-Laminated Timber Manufacturing Plant: Profit and Loss Account