Market Overview:

The global glue-laminated timber market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.

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 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. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global glue-laminated timber market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on end use and application.

Breakup by End Use:

• Floor Beams
• Window and Door Header
• Trusses and Supporting Columns
• Roof Beams
• Others
   

On the basis of end-use the market is segmented into floor beams, window and door headers, trusses & supporting columns, roof beams, others. The floor beam segment is the largest consumer for glue-laminated timber, accounting for more than a third of the total global market.

Breakup by Application:

• New Construction
• Replacement
   

Based on the application, new construction applications dominate the global market accounting for majority of the market share.

Regional Insights:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East and Africa
   

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.

Competitive Landscape:

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, Inc.
• Mayr-Melnhof Holz Holding AG
• EcoCurves BV
• Forest Timber Engineering Ltd
• Boise Cascade Company
   

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.

Report Coverage: