North America Glue-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The North America glue-laminated timber market size reached 428,400 Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 435,410 Cubic Metres by 2028.
Glue-laminated timber also known as glulam, refers to a structural engineered wood product manufactured by adhering layers of dimensional lumber with glue. It is non-corrosive, eco-friendly, strong, durable and lightweight. In addition to this, glulam helps in waste reduction by minimizing the disposable costs and product damage. Owing to this, glulam is employed as an attractive architectural and structural building material for columns, beams, headers and heavy trusses in buildings.
North America represents one of the largest markets for glue-laminated timber accounting to the escalating applications in residential and commercial buildings. Rapid renovation activities for distinctive structural purposes have also fueled the demand of glue-laminated timber in the region. Recent technical advancements and usage of glue-laminated timber along with other engineering wood products such as cross-laminated timber has induced the market growth. Apart from this, rising environmental concerns have resulted in the replacement of natural timber with engineered wood products which will continue to spur the demand in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America glue-laminated timber market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on end-use and application.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by End-Use
Floor Beams
Window and Door Header
Trusses and Supporting Columns
Roof Beams
Others
Market by Application
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
IMARC Group’s latest report provides a deep insight into the North America glue-laminated timber market 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 industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America glue-laminated timber market in any manner.
Key Questions Answered in This Report:
How has the North America glue-laminated timber market performed so far and how will it perform in the coming years?
What are the key regions in the North America glue-laminated timber market?
What has been the impact of COVID-19 on the North America glue-laminated timber market?
What is the breakup of the North America glue-laminated timber market on the basis of end-use?
What is the breakup of the North America glue-laminated timber market on the basis of application?
What are the various stages in the value chain of the North America glue-laminated timber industry?
What are the key driving factors and challenges in the North America glue-laminated timber industry?
What is the structure of the North America glue-laminated timber industry and who are the key players?
What is the degree of competition in the North America glue-laminated timber industry?
What are the profit margins in the North America glue-laminated timber industry?
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