Market Overview:
The global glued laminated timbers and cross laminated timbers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for glued laminated timber and cross laminated timber in residential, industrial, commercial, sports & leisure, agricultural and other applications. Glued Laminated Timber (GLT) is manufactured by bonding thin layers of lumber together with adhesives under high pressure and temperature. Cross Laminated Timber (CLT) is manufactured by stacking lumber boards perpendicular to each other and bonding them together with adhesives under high pressure and temperature.
Product Definition:
Glued Laminated Timbers (GLT) and Cross Laminated Timbers (CLT) are structural building products made from lumber that has been glued together in layers. The layers are oriented perpendicular to each other, which makes the product very strong and stable. GLTs and CLTs have become popular alternatives to traditional lumber because they are more resistant to warping, twisting, and shrinking. They are also lighter in weight, which can make them easier to transport and install. GLTs and CLTs are often used in flooring, roofing, wall construction, furniture manufacturing, boatbuilding, and other applications where strength or lightness is important.
Glued Laminated Timbers:
Glued laminated timber (GIT) is a construction material made from wood that has been coated with an adhesive and then cross-laid with another layer of wood. The product was developed in the early 20th century in Japan, where it was known as ‘bonded lamination’ or ‘adhesive laminating’.
Cross Laminated Timbers:
Cross laminated timber (CLT) is a construction material made from layers of wood veneers, with the help of cross-laminated technology. The product was invented in the U.S., and at present it is being used across the world owing to its several benefits such as low weight, high strength, and energy efficiency among others.
Application Insights:
The market is segmented by application into residential, industrial, commercial and sports & leisure, agricultural and others. The residential construction segment accounted for the largest share in 2017 owing to increasing urbanization across developing countries such as India and China. Moreover, rising demand for houses due to growing population is expected to drive the growth of the segment over the forecast period.
Glued laminated timber floorings are used in several applications including high-end hotels (HOTELS), restaurants (RESTAURANTS), institutional buildings such as schools gymnasiums hospitals colleges libraries etc., housing projects both new constructions and renovation works along with ancilliary buildings such as offices clinics hospitals etc.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to growing demand from residential, commercial, and industrial sectors. The U.S., being a developed economy with high disposable income is likely to be one of the key markets for GLT and cross-laminated timber products over the forecast period.
Europe was valued at USD X million in 2017 and is expected to witness significant growth on account of increasing construction activities due to rising population coupled with economic development especially in Germany, UK, Spain among other European countries which are major consumers as well as producers of glued laminated timbers across the globe.
Asia Pacific market was valued at USD X million in 2017 and is anticipated to register a CAGR exceeding 6% during the forecast period owing to rapid urbanization along with increasing infrastructural developments primarily driven by governments particularly in India China among other developing economies are projected favorably impact industry growth positively through 2030 forecasted).
Growth Factors:
- Increasing demand for green and sustainable building materials
- Rising construction spending in developed economies
- Growing popularity of CLT and GLT in non-residential applications
- Technological advancements that improve the performance of these products
- rising awareness about the benefits of using engineered wood products
Scope Of The Report
Report Attributes
Report Details
Report Title
Glued Laminated Timbers and Cross Laminated Timbers Market Research Report
By Type
Glued Laminated Timbers, Cross Laminated Timbers
By Application
Residential, Industrial, Commercial, Sports & Leisure, Agricultural, Other
By Companies
Boise Cascade, Calvert Glulam, Katerra, Structurlam, Sterling, Western Structures, Freres Lumber, DR Johnson Wood Innovations, StructureCraft, Pfeifer Group, Canfor Corporation, Setra Group, Schilliger Holz, Nordic Karelian Group, Mayr-Melnhof Holz, Binderholz GmbH, B&K Structures, KLH Massivholz, Hasslacher, Stora Enso, ZüBLIN Timber, Lignotrend, Eugen Decker, Meiken Lamwood Corp, Glulam Ltd, Buckland Timber, Simonin, Rubner Gruppe, Xihuan Wood
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Glued Laminated Timbers and Cross Laminated Timbers Market Report Segments:
The global Glued Laminated Timbers and Cross Laminated Timbers market is segmented on the basis of:
Types
Glued Laminated Timbers, Cross Laminated Timbers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Industrial, Commercial, Sports & Leisure, Agricultural, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boise Cascade
- Calvert Glulam
- Katerra
- Structurlam
- Sterling
- Western Structures
- Freres Lumber
- DR Johnson Wood Innovations
- StructureCraft
- Pfeifer Group
- Canfor Corporation
- Setra Group
- Schilliger Holz
- Nordic Karelian Group
- Mayr-Melnhof Holz
- Binderholz GmbH
- B&K Structures
- KLH Massivholz
- Hasslacher
- Stora Enso
- ZüBLIN Timber
- Lignotrend
- Eugen Decker
- Meiken Lamwood Corp
- Glulam Ltd
- Buckland Timber
- Simonin
- Rubner Gruppe
- Xihuan Wood
Highlights of The Glued Laminated Timbers and Cross Laminated Timbers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glued Laminated Timbers
- Cross Laminated Timbers
- By Application:
- Residential
- Industrial
- Commercial
- Sports & Leisure
- Agricultural
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glued Laminated Timbers and Cross Laminated Timbers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glued laminated timber (GLT) is a type of engineered lumber made from several layers of glued-together boards. Cross laminated timber (CLT) is a type of engineered lumber made from two or more sheets of wood that are cross-laminated together.
Some of the major players in the glued laminated timbers and cross laminated timbers market are Boise Cascade, Calvert Glulam, Katerra, Structurlam, Sterling, Western Structures, Freres Lumber, DR Johnson Wood Innovations, StructureCraft, Pfeifer Group, Canfor Corporation, Setra Group, Schilliger Holz, Nordic Karelian Group, Mayr-Melnhof Holz, Binderholz GmbH, B&K Structures, KLH Massivholz, Hasslacher, Stora Enso, Z¼BLIN Timber, Lignotrend, Eugen Decker, Meiken Lamwood Corp, Glulam Ltd, Buckland Timber, Simonin, Rubner Gruppe, Xihuan Wood.
The glued laminated timbers and cross laminated timbers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glued Laminated Timbers and Cross Laminated Timbers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glued Laminated Timbers and Cross Laminated Timbers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glued Laminated Timbers and Cross Laminated Timbers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glued Laminated Timbers and Cross Laminated Timbers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glued Laminated Timbers and Cross Laminated Timbers Market Size & Forecast, 2018-2028
4.5.1 Glued Laminated Timbers and Cross Laminated Timbers Market Size and Y-o-Y Growth
4.5.2 Glued Laminated Timbers and Cross Laminated Timbers Market Absolute $ Opportunity
Chapter 5 Global Glued Laminated Timbers and Cross Laminated Timbers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
5.2.1 Glued Laminated Timbers
5.2.2 Cross Laminated Timbers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glued Laminated Timbers and Cross Laminated Timbers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Industrial
6.2.3 Commercial
6.2.4 Sports & Leisure
6.2.5 Agricultural
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glued Laminated Timbers and Cross Laminated Timbers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Glued Laminated Timbers and Cross Laminated Timbers Analysis and Forecast
9.1 Introduction
9.2 North America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
9.6.1 Glued Laminated Timbers
9.6.2 Cross Laminated Timbers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Industrial
9.10.3 Commercial
9.10.4 Sports & Leisure
9.10.5 Agricultural
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Glued Laminated Timbers and Cross Laminated Timbers Analysis and Forecast
10.1 Introduction
10.2 Europe Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
10.6.1 Glued Laminated Timbers
10.6.2 Cross Laminated Timbers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Industrial
10.10.3 Commercial
10.10.4 Sports & Leisure
10.10.5 Agricultural
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Glued Laminated Timbers and Cross Laminated Timbers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
11.6.1 Glued Laminated Timbers
11.6.2 Cross Laminated Timbers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Industrial
11.10.3 Commercial
11.10.4 Sports & Leisure
11.10.5 Agricultural
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Glued Laminated Timbers and Cross Laminated Timbers Analysis and Forecast
12.1 Introduction
12.2 Latin America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
12.6.1 Glued Laminated Timbers
12.6.2 Cross Laminated Timbers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Industrial
12.10.3 Commercial
12.10.4 Sports & Leisure
12.10.5 Agricultural
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Glued Laminated Timbers and Cross Laminated Timbers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Type
13.6.1 Glued Laminated Timbers
13.6.2 Cross Laminated Timbers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Glued Laminated Timbers and Cross Laminated Timbers Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Industrial
13.10.3 Commercial
13.10.4 Sports & Leisure
13.10.5 Agricultural
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glued Laminated Timbers and Cross Laminated Timbers Market: Competitive Dashboard
14.2 Global Glued Laminated Timbers and Cross Laminated Timbers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boise Cascade
14.3.2 Calvert Glulam
14.3.3 Katerra
14.3.4 Structurlam
14.3.5 Sterling
14.3.6 Western Structures
14.3.7 Freres Lumber
14.3.8 DR Johnson Wood Innovations
14.3.9 StructureCraft
14.3.10 Pfeifer Group
14.3.11 Canfor Corporation
14.3.12 Setra Group
14.3.13 Schilliger Holz
14.3.14 Nordic Karelian Group
14.3.15 Mayr-Melnhof Holz
14.3.16 Binderholz GmbH
14.3.17 B&K Structures
14.3.18 KLH Massivholz
14.3.19 Hasslacher
14.3.20 Stora Enso
14.3.21 ZüBLIN Timber
14.3.22 Lignotrend
14.3.23 Eugen Decker
14.3.24 Meiken Lamwood Corp
14.3.25 Glulam Ltd
14.3.26 Buckland Timber
14.3.27 Simonin
14.3.28 Rubner Gruppe
14.3.29 Xihuan Wood
