I-joist, also known as wooden I-beam, composite wooden joist, plywood I-beam, is an engineered wood product. It is made from a combination of timber products such as laminated veneer timber or graded solid timber, and has two parts – web and flanges. The web is placed between the top and bottom flanges which gives it the distinct ‘I’ shape. The web and flanges produce a lightweight beam which is both sturdy and durable. The flanges resist bending and the web helps to transmit the shear stresses, relying on plywood's panel shear capacity and dimensional stability. The latest report by IMARC Group titled, “I-Joist Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global I-joist market reached a value of US$ 2.3 Billion in 2017, growing at a CAGR of nearly 15% during 2010-2017.
The ‘I’ shape offers I-joist great strength and flexibility in the installation of residential flooring and roof framing, and in the construction of commercial projects. This is mainly due to its high strength-to-weight ratio which helps in carrying heavy loads over long spans and long structures. It also shrinks or swells less as compared to solid wood when the ambient conditions such as temperature, humidity and air pressure change. Apart from this, it offers more options for designing economical floor joist layouts while being easy to install. Owing to these factors, the market for I-joist is further expected to reach a value of nearly US$ 4 Billion by 2023.
On the basis of end-use the market is segmented as commercial and residential. The residential sector is the largest consumer for plywood, accounting for the majority of the total global shares. The report has also conducted an evaluation of the market on the basis of key regions and finds that North America is the largest market for I-joist. Some of the other major regions are Europe, Asia-Pacific, Latin America and Middle East and Africa.
This report provides a deep insight into the global I-joist 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. 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 I-joist industry in any manner.
Key Aspects Analysed:
- Trends and dynamics in the I-joist market.
- Key drivers/restraints and their impact on the current and future market scenario.
- Examination of the competitive landscape.
Major Regions Covered in This Report:
- Asia-Pacific
- Europe
- North America
- Latin America
- Middle East and Africa
Major Applications Covered in this Report:
- Residential/ Commercial
- New Construction/Replacement
- Floors/Roofs/Others
Focus of the Analysis:
- Overview
- Historical and current market scenario
- Market trends
- Market forecast
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 Analysis
5.4 Market Breakup by Product Type
5.5 Market Breakup by Region
5.6 Market Forecast
6 Global I-Joist 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 (Commercial and Residential)
6.6 Market Breakup by End Use (New Construction and Replacement)
6.7 Market Breakup by End Use (Floor, Roof & Others)
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weaknesses
6.9.4 Opportunities
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Overview
6.10.2 Forest Owners
6.10.3 Sawmills
6.10.4 I-Joist Manufacturers
6.10.5 Distributors and Retailers
6.10.6 Exporters
6.10.7 End-Use Industries
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Competition
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 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 (Residential and Commercial)
8.1 Residential
8.2 Commercial
9 Market Breakup by End Use (New Construction and Replacement)
9.1 New Construction
9.2 Replacement
10 Market Breakup by End Use (Floors, Roofs and Other Applications)
10.1 Floors
10.2 Roofs
10.3 Others
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 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 Metre), 2018-2023
Figure 8: Global: Engineered Wood Market Forecast: Value Trends (in Billion US$), 2018-2023
Figure 9: Global: I-Joist Market: Volume Trends (in Million Cubic Metre), 2010-2017
Figure 10: Global: I-Joist Market: Value Trends (in Billion US$), 2010-2017
Figure 11: Global: I-Joist Market: Price Trends (in US$/Cubic Metre), 2010 - 2017
Figure 12: Global: I-Joist Market Forecast: Price Trends (in US$/Cubic Metre), 2018 - 2023
Figure 13: Global: I-Joist Market: Breakup by Region (in %), 2017
Figure 14: Global: I-Joist Market: Breakup by Residential and Commercial Application (in %), 2017
Figure 15: Global: I-Joist Market: Breakup by New Construction and Replacement Application (in %), 2017
Figure 16: Global: I-Joist Market Forecast: Volume Trends (in Million Cubic Metre), 2018-2023
Figure 17: Global: I-Joist Market Forecast: Value Trends (in Billion US$), 2018-2023
Figure 18: Global: I-Joist Market: SWOT Analysis
Figure 19: Global: I-Joist Market: Value Chain Analysis
Figure 20: Global: I-Joist Market: Porters Five Forces Analysis
Figure 21: Global: I-Joist Market: Breakup by Region (in %), 2023
Figure 22: Asia-Pacific: I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 23: North America: I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 24: Europe: I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 25: Latin America: I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 26: Middle East and Africa: I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 27: Global: I-Joist Market: Breakup by Residential and Commercial Applications (in %), 2023
Figure 28: Global: Commercial I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 29: Global: Residential I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 30: Global: I-Joist Market: Breakup by New Construction and Replacement Applications (in %), 2023
Figure 31: Global: Commercial I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
Figure 32: Global: Residential I-Joist Market (in Million Cubic Metre), 2010, 2017 & 2023
List of Tables
Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: I-Joist Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: I-Joist Market Forecast: Breakup by Region, (in Million Cubic Metre), 2018-2023
Table 4: Global: I-Joist Market Forecast: Breakup by Residential and Commercial Applications, (in Million Cubic Metre), 2018-2023
Table 5: Global: I-Joist Market Forecast: Breakup by New Construction and Replacement Applications, (in Million Cubic Metre), 2018-2023