Market Overview:
The global glue laminated timber 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 glue laminated timber from residential and commercial applications, globally. In terms of type, the hardwood plywood segment is expected to dominate the global glue laminated timber market during the forecast period, owing to its high strength-to-weight ratio and durability. In terms of region, North America is expected to lead the global glue laminated timber market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A construction material made by bonding together lumber pieces with adhesives to create a single, relatively thick piece. Glue-laminated timber is often used for beams, columns, and other structural elements in buildings.
Hardwood Plywood:
Hardwood plywood is a type of composite wood that contains solid hardwood timber and veneers in the same structure. The product has high durability, strength, and can be manufactured at low cost which makes it suitable for use in various applications such as furniture laminates & paneling, flooring & roofing tiles and electrical panels.
Coniferous Plywood:
Coniferous plywood is a type of wood panel that is manufactured by processing trees at a much faster rate than regular wood. The process preserves the natural lignin content and enhances the strength of the wood by increasing its cellular dimension in order to make it more resistant to insects and moisture.
The product has high durability, low water absorption, excellent load-bearing capacity, high resistance against fungal attacks due to improved air permeability.
Application Insights:
The residential application segment accounted for the largest revenue share of over 50% in 2017. The product is widely used in residential applications including flooring, roofing, cladding and panels. Growing urbanization leading to an increase in the number of single housing units has led to a rise in demand for G-Laminated Timber (G-LT) products as they are lightweight and easy to install compared with conventional construction materials such as steel and concrete.
The commercial segment is expected witness significant growth over the forecast period owing to increasing utilization of G-LT products for various applications including office buildings, hotels & restaurants along with other structures such as public amenities like stadiums & gardens which require longevity and durability due to heavy usage.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. Growing demand for luxury apartments and hotels is expected to drive the market growth in this region. The U.S., being a developed economy, has a well-established construction industry which is expected to have positive impacts on the global market over the forecast period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Growing demand for sustainable and environment-friendly building materials
- Increasing use in non-residential construction projects
- Rising popularity of CLT in prefabricated construction
- Technological advancements that have made GLT more efficient and versatile to use
- Government initiatives and subsidies for promoting the use of GLT
Scope Of The Report
Report Attributes
Report Details
Report Title
Glue Laminated Timber Market Research Report
By Type
Hardwood Plywood, Coniferous Plywood
By Application
Residential, Commercial, Others
By Companies
Boise Cascade, Calvert, Pfeifer Holz, Canfor, Setra Group, Schilliger Holz, Structurlam, Mayr-Melnhof Holz Holding, Binderholz, B & K Structures, Eugen Decker Holzindustrie, Meiken Lamwood
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Glue Laminated Timber Market Report Segments:
The global Glue Laminated Timber market is segmented on the basis of:
Types
Hardwood Plywood, Coniferous Plywood
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, Commercial, Others
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
- Pfeifer Holz
- Canfor
- Setra Group
- Schilliger Holz
- Structurlam
- Mayr-Melnhof Holz Holding
- Binderholz
- B & K Structures
- Eugen Decker Holzindustrie
- Meiken Lamwood
Highlights of The Glue Laminated Timber 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:
- Hardwood Plywood
- Coniferous Plywood
- By Application:
- Residential
- Commercial
- Others
- 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 Glue Laminated Timber 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Glue Laminated Timber is a type of timber construction where the boards are glued together instead of nailed. This method is more expensive than traditional construction methods, but it offers greater strength and stability.
Some of the major players in the glue laminated timber market are Boise Cascade, Calvert, Pfeifer Holz, Canfor, Setra Group, Schilliger Holz, Structurlam, Mayr-Melnhof Holz Holding, Binderholz, B & K Structures, Eugen Decker Holzindustrie, Meiken Lamwood.
The glue laminated timber market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glue Laminated Timber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glue Laminated Timber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glue Laminated Timber Market - Supply Chain
4.5. Global Glue Laminated Timber Market Forecast
4.5.1. Glue Laminated Timber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glue Laminated Timber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glue Laminated Timber Market Absolute $ Opportunity
5. Global Glue Laminated Timber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glue Laminated Timber Market Size and Volume Forecast by Type
5.3.1. Hardwood Plywood
5.3.2. Coniferous Plywood
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glue Laminated Timber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glue Laminated Timber Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glue Laminated Timber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glue Laminated Timber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glue Laminated Timber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glue Laminated Timber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glue Laminated Timber Demand Share Forecast, 2019-2026
9. North America Glue Laminated Timber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glue Laminated Timber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glue Laminated Timber Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glue Laminated Timber Market Size and Volume Forecast by Type
9.7.1. Hardwood Plywood
9.7.2. Coniferous Plywood
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glue Laminated Timber Demand Share Forecast, 2019-2026
10. Latin America Glue Laminated Timber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glue Laminated Timber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glue Laminated Timber Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glue Laminated Timber Market Size and Volume Forecast by Type
10.7.1. Hardwood Plywood
10.7.2. Coniferous Plywood
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glue Laminated Timber Demand Share Forecast, 2019-2026
11. Europe Glue Laminated Timber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glue Laminated Timber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glue Laminated Timber Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glue Laminated Timber Market Size and Volume Forecast by Type
11.7.1. Hardwood Plywood
11.7.2. Coniferous Plywood
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glue Laminated Timber Demand Share, 2019-2026
12. Asia Pacific Glue Laminated Timber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glue Laminated Timber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glue Laminated Timber Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glue Laminated Timber Market Size and Volume Forecast by Type
12.7.1. Hardwood Plywood
12.7.2. Coniferous Plywood
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glue Laminated Timber Demand Share, 2019-2026
13. Middle East & Africa Glue Laminated Timber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glue Laminated Timber Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glue Laminated Timber Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glue Laminated Timber Market Size and Volume Forecast by Type
13.7.1. Hardwood Plywood
13.7.2. Coniferous Plywood
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glue Laminated Timber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glue Laminated Timber Market: Market Share Analysis
14.2. Glue Laminated Timber Distributors and Customers
14.3. Glue Laminated Timber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boise Cascade
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Calvert
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pfeifer Holz
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Canfor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Setra Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schilliger Holz
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Structurlam
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mayr-Melnhof Holz Holding
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Binderholz
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. B & K Structures
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eugen Decker Holzindustrie
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Meiken Lamwood
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
