North America Glue-Laminated Timber Market 2023: Industry Report, Demand and Forecast 2028

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According to the latest report by IMARC Group, titled “North America Glue-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the North America glue-laminated timber market reached a volume of 428,400 Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach a volume of 435,410 Cubic Metres by 2028.

Glue-laminated timber refers to a kind of engineered wood product manufactured by bonding various individual pieces of timber together through moisture-resistant and resilient adhesives. They provide high resistance and stiffness in exposed and corrosive environments and also offer thermal insulation. It also reduces waste production by minimizing product damage and disposable costs. In recent years, glue-laminated timber has been significantly used in North America as an attractive architectural and structural building material for beams, columns, heavy trusses, and headers.Request Free Report Sample:

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North America Glue-Laminated Timber Market Trends:

One of the primary factors driving the market is the enhancement in building and interior designs. Additionally, the extensive utilization of glue-laminated timber as it is the sustainable and innovative material used in the building and construction industry is positively influencing the market growth. Besides this, the market is propelled by technical advancements and usage of glue-laminated timber and other engineering wood products such as cross-laminated timber. Furthermore, the rising product employment in the construction of residential and commercial buildings is catalyzing the market growth. Apart from this, the aesthetic designs, design flexibility, high engineering efficiency, and higher structural performance of glue-laminated timber have escalated its demand. Moreover, the rising environmental concerns have resulted in the adoption of glue-laminated timber as a building material has also accelerated the product adoption rate. Another major growth-inducing factor includes easy financing options available for private housing.

North America Glue-Laminated Timber Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the North America glue-laminated timber market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the North America glue-laminated timber market on the basis of end-use, application and country.

Breakup by End-Use:

• Floor Beams
• Window and Door Headers
• Trusses and Supporting Columns
• Roof Beams
• Others

Breakup by Application:

• New Construction
• Replacement

Breakup by Country:

• United States
• Canada
• Mexico

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Key Highlights of the Report:                                                           

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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