Global Glued Laminated Timbers And Cross Laminated Timbers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Glued Laminated Timbers And Cross Laminated Timbers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Glued Laminated Timbers (glulam) is a structural material manufactured through the union of individual wood segments. When glued with industrial adhesives (usually Melamine or Polyurethane resin adhesives), this type of wood is highly durable and moisture resistant, capable of generating large pieces and unique shapes. As a popular choice when it comes to engineered wood products, Glued Laminated Timbers is when laminates are bonded and glued together. This process is done by layering each laminate with the grain, which results in producing larger and longer length members. Glued Laminated Timbers also has a long and rich history. It is widely accepted that Glued Laminated Timbers was first used all the way back in 1842 in the Holy Trinity church in England. In fact, the King Edward VI College had Glued Laminated Timbers roof structures constructed in 1866 which are still standing today. However, internal stresses in the wood would lead to detachment issues over time that plagued many construction projects. To address this issue, resin glue was invented in 1928. It provided an affordable and waterproof alternative with a high adhesive strength that was also much easier to use.

Market Overview:

The latest research study on the global Glued Laminated Timbers And Cross Laminated Timbers market finds that the global Glued Laminated Timbers And Cross Laminated Timbers market reached a value of USD 8003.86 million in 2022. It’s expected that the market will achieve USD 12696.38 million by 2028, exhibiting a CAGR of 7.99% during the forecast period.

Glued Laminated Timbers and Cross Laminated Timbers Industry Trends

Advances in technology are changing the known traditional operating rules, and the possibilities that building materials can achieve in the next few years will continue to be expanded. Tools and methods such as BIM, virtual reality, 3D modeling and printing have begun to blur the boundaries between design and construction, and they are intertwined in the main process of conceiving and developing new buildings. For Glued Laminated Timbers and Cross Laminated Timbers, the emergence of new technologies will make the production of products easier.

The machinery and assembly used by new technologies and new systems are changing and replacing the traditional work methods of carpenters. Among them are CNC machine tools, which, in addition to generating custom components, can also process beams and panels. These new tools are operated by computer commands, cutting, milling and engraving wood chips through high-precision coordinate axis positioning. These formwork components can be effectively connected through their structure, anchor bolts and fixing systems. The emergence (or evolution) of large timber has increased the speed and efficiency of the construction of these modular parts with precise dimensions. The most commonly used ones include cross-laminated timber (CLT), glue-laminated timber (Glulam) and other laminated timbers. Some other interesting innovations include wood concrete composite (TCC) and LVL panels. These advancements make the module like a set of parts, making the assembly of the building possible. This assembly-type operation is convenient and quick, improves accuracy, and greatly reduces additional costs such as error, labor, and working time.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

Binderholz GmbH is one of the major players operating in the Glued Laminated Timbers And Cross Laminated Timbers market, holding a share of 6.60% in 2021.

binderholz CLT BBS

binderholz CLT BBS has a multilayer construction, completely made of solid wood. By bonding the longitudinal and transverse layers together, any warping of the wood - swelling or shrinkage - is reduced to a negligible level. This means it can comfortably meet the requirements of a modern building material. Cross Laminated Timber BBS is monolithic, that is to say that it is in effect a single piece of wood, with just 0.6% being environmentally friendly glue. The solid finished component is able to carry high loads, is fireproof, enables rapid construction without water, and has sound and heat insulating properties. It regulates the humidity of the air inside the building, creating a comfortable and balanced climate - in both summer and winter.

MM crosslam

MM crosslam is a solid, structurally effective wooden element that also creates distinctive spaces. Thanks to its flexible dimensions and excellent physical building properties, it is suitable for any thinkable building requirements. The crosswise layering construction made of high-quality raw material with permanent bonding provides dimensionally stable and rigid building components.

The large-format solid wood panels make it possible to cope effortlessly with special structural challenges. The layered design principle with simple jointing details guarantees the most cost-effective applications in all areas of building. The quick and uncomplicated assembly of the elements allows extremely short construction times. The wide range of creative options fulfils the expectations of lovers of both modern and traditional architecture as well as building methods.

Segmentation Overview:

Among different product types, Glued Laminated Timbers segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Glued Laminated Timbers And Cross Laminated Timbers market covered in Chapter 3:

Rosboro
Structurlam
Meiken Lamwood
Sterling
Weinberger
KLH Massivholz GmbH
Pfeifer Group
THEURL
Boise Cascade
Stora Enso
TUBAOBAO
Katerra
Holzwerke Ladenburger
best wood SCHNEIDER
Mayr-Melnhof Holz
Eugen Decker
Schilliger Holz AG
Calvert
Binderholz GmbH
Setra Group
ZüBLIN Timber
Hasslacher
Mosser Holzindustrie
DR Johnson Lumber Company
Canfor Corporation
Holzwerke Bullinger

In Chapter 4 and Chapter 14.2, on the basis of types, the Glued Laminated Timbers And Cross Laminated Timbers market from 2018 to 2029 is primarily split into:

Glued Laminated Timbers
Cross Laminated Timbers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Glued Laminated Timbers And Cross Laminated Timbers market from 2018 to 2029 covers:

Residential
Industrial
Commercial
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)