Authored By: Sarah
31 Aug 2021

Glue Laminated Timber Market: Leading Regions and Market Trends

Geographical Segmentation and Growth Analysis

The glue laminated timber market is set to post an incremental growth of $ 1.12 bn, accelerating at a CAGR of over 5.24% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Glue Laminated Timber Market: Europe to lead market growth during the forecast period

  • Europe emerged as the leading geographical segment in recent years and is expected to contribute 37% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the glue laminated timber market size.
  • Growth in real estate and construction industry will be a significant factor in driving the growth of the glue laminated timber market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
  • Market is segmented by Application (Residential, Commercial, and Others) and Geography (Europe, North America, APAC, MEA, and South America).

Glue Laminated Timber Market to Post Incremental Growth of $ 1.12 bn During 2021-2025 | Key Geographies that will Drive Growth

Glue Laminated Timber Market: Vendor Landscape

Some of the leading vendors in this market are Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr-Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and Structurlam Mass Timber Corp.. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 5.24%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 1.12 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growth in real estate and construction industry will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    37% growth will originate from Europe
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr-Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and Structurlam Mass Timber Corp.
     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Residential, Commercial, and Others) and Geography (Europe, North America, APAC, MEA, and South America).

Market Segmentation by Application

    • Glue Laminated Timber Market Split by Application
      • Residential
      • Commercial
      • Others
    • Glue Laminated Timber Market Split by Geography
      • Europe
      • North America
      • APAC
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Binderholz GmbH
  • Boise Cascade Co.
  • Calvert Co. Inc.
  • Canfor Corp.
  • HASSLACHER Holding GmbH
  • Mayr-Melnhof Holz Holding AG
  • Pfeifer Holding GmbH
  • Setra Group AB
  • Stora Enso Oyj
  • Structurlam Mass Timber Corp.

Glue Laminated Timber Market Size to Grow by $ 1.57 bn through 2020-2024  

Technavio research projects the glue laminated timber market to grow by $ 1.57 bn, accelerating at a CAGR of over 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Glue Laminated Timber Market: Key Market Driver

One of the primary factors that will trigger the growth of the glue laminated timber market size is growth in real estate and construction industry. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Glue Laminated Timber Market to Post Incremental Growth of $ 1.12 bn During 2021-2025 | Key Geographies that will Drive Growth

Glue Laminated Timber Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr-Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and Structurlam Mass Timber Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Technavio has been monitoring the global Glue Laminated Timber Market and it is expected to grow by USD 1.57 billion accelerating at a CAGR of over 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Glue Laminated Timber Market to Post Incremental Growth of $ 1.12 bn During 2021-2025 | Key Geographies that will Drive Growth

Glue Laminated Timber Market: Growth in real estate and construction industry to drive growth

The growth of the real estate industry due to urbanization has led to increased demand for glue laminated timber, which is widely used in construction and structural applications. Glue laminated timber is widely used in interior as well as exterior construction and finishing. Glulam is widely used in the construction industry in framing, decking, flooring, and roofing applications. Versatile applications and increasing use of sustainable and eco-friendly building materials make glue laminated timber the preferred option in the construction industry. 

Wood suppliers and vendors are increasingly giving importance to their social and environmental responsibility by creating business models based on sustainable management of forest and plantation resources. Companies such as Boise Cascade, Canfor, and STORA ENSO have proprietary forest and plantation areas for procuring raw materials needed for manufacturing glue laminated timber products. Suppliers are also investing heavily to improve forest health and develop infrastructure among local communities. The plantations provide employment opportunities to the members of the neighboring communities and offer low-cost production and self-sufficiency to the glue laminated timber industry. These plantations also absorb carbon dioxide and help in preventing soil erosion. The growing focus on forestry management and creating sustainable business models by vendors in developing countries such as China and Indonesia will increase in the supply of softwood and hardwood ,which are the key raw materials for glue laminated timber. 

Glue Laminated Timber Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr-Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and Structurlam Mass Timber Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

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