Glue Laminated Timber Market

Glue Laminated Timber Market Size, Share, Growth Analysis, By Application(Residential, Commercial, Others), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG20B2020 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Glue Laminated Timber Market Insights

Market Overview:

The glulam market, also called the global glue laminated timber market, had a value of USD 4.76 billion in 2016 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The primary drivers of market growth are the increasing concerns regarding sustainability worldwide and the growing awareness among consumers regarding the benefits of wood as a construction material. Furthermore, the demand for wood-based construction is expected to rise due to the shift in consumer preference towards durable, thermally efficient, and lightweight building materials.

Glue Laminated Timber Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Building Products by segment aggregation, the contribution of the Building Products in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Glue Laminated Timber was estimated to be valued at US$ XX Mn in 2021.

The Glue Laminated Timber Market is estimated to grow at a CAGR of XX% by 2028.

The Glue Laminated Timber Market is segmented on the basis of Application, Regional.

Based on region, the Glue Laminated Timber Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Glue Laminated Timber Market are Boise Cascade Co.,, Canfor Corporation,, Pfeifer Holz GmbH,, Calvert Company, Inc.,, Setra Group AB..

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Glue Laminated Timber Market

Report ID: UCMIG20B2020

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