Global Glue Laminated Timber Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Global Glue Laminated Timber Market is expected to grow with the CAGR of approximately 5.5% from 2018 to 2023.
Key players include Boise Cascade Co., Pfeifer Holz GmbH, Setra Group AB, Canfor Corporation, Calvert Company Inc., Binderholz GmbH., Mayr-Melnhof Holz Holding AG, Schilliger Holz AG, Structurlam, and Hasslacher Holding GmbH. The presence of a large number of small and large companies operating in the glue laminated timber market is projected to increase competitive rivalry in the market place. Competitive pricing, technological advancements, new product developments, and expansions are some of the strategic initiatives taken up by key manufacturers.
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The global glue laminated timber market is anticipated to witness high growth over the coming years. The increasing preference for wood-based products on account of their aesthetic appeal, sustainability, and light weight is projected to boost demand for glue laminated products over the coming years. High investments in the real estate sector of developing countries is also expected to positively impact demand for glue laminated timber across luxury projects and residential apartments. Glulam can be used on exposed beams and other structures without the use of any cladding which makes it an attractive investment in the industry. The product also exhibits resistance to corrosion, dust, and most acids. Additionally, the product has a higher strength-to-weight ratio and is environment-friendly.
- Raw Material Suppliers
- End Users
- Traders & Distributors
- Regulatory Bodies
- Market Research and Consulting Firms
Asia-Pacific region, anticipated to exhibit maximum growth rate in the global Glue Laminated Timber Market
Geographically, the global Glue Laminated Timber Market has been divided into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the world. The Asia-Pacific region accounted for the largest market share in 2017 and is expected to witness a strong growth over the forecast period. The market is positively influenced by growing luxury real estate & infrastructure development coupled with increasing investment in the commercial establishments. Sturdy demand is expected in countries such as Japan, China, Australia, Singapore, Taiwan, Thailand, and Vietnam among others. Other factors include rapid urbanization, increase in standard of living, and easy financing options.
The North American market is also projected to grow at a significant CAGR from 2018 to 2023. The budding preference for development of green buildings is projected to augment the demand for glue laminated timber solutions across the US and Canada. Repair & renovation activities in the residential and commercial sector is also anticipated to boost growth in the industry.
The market in the Rest of the World is also anticipated to observe high growth over the coming years on account of the increasing number of commercial and residential projects in the Middle Eastern region. Large capital investments made by countries such as Saudi Arabia, Egypt, and Kuwait in the developing airports, large-scale leisure projects, and other infrastructure & residential structures is projected to propel demand for glue laminated timber over the coming years.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Glue Laminated Timber Market— forecast till 2023.”
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List of Tables
Table 1 Global Glue Laminated Timber Market: by Region, 2018-2023
Table 2 North America Glue Laminated Timber Market: by Country, 2018-2023
Table 3 Europe Glue Laminated Timber Market: by Country, 2018-2023
Table 4 Asia-pacific Glue Laminated Timber Market: by Country, 2018-2023
Table 5 Row Glue Laminated Timber Market: by Country, 2018-2023
Table 6 Global Glue Laminated Timber Market by Application: by Regions, 2018-2023
Table 7 North America Glue Laminated Timber Market by Application: by Country, 2018-2023
Table 8 Europe Glue Laminated Timber Market by Application: by Country, 2018-2023
Table 9 Asia-pacific Glue Laminated Timber Market by Application: by Country, 2018-2023
Table 10 Row Glue Laminated Timber Market by Application: by Country, 2018-2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Glue Laminated Timber Market Share, by Application, 2016 (%)
Figure 9 Global Glue Laminated Timber Market, by Application, 2015-2023 (Usd Million)
Figure 10 Global Glue Laminated Timber Market, by Application, 2015-2023 (Usd Million)
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