Glue laminated timber which is abbreviated as GULAM is a structurally engineered wood product that is formed by layers of dimensional lumber which is bonded together with durable and moisture–resistant structural adhesive. The lumber which is used for the manufacturing of glue laminated timber is of a special grade and is directly obtained from the lumber mills.The rise in the sustainability concern, as well as an increase in awareness among the consumers about using wood as a building material, is driving the demand for glue laminated timber. The shift in the consumer preference towards wood-based construction due to its durability, lightweight, and high thermal performance is driving the growth of glue laminated timber market. The increased acceptance of glue laminated timber due to its superior strength, ease of construction, and maintenance is providing various opportunities for the glue laminated timber market to grow.
“Global Glue Laminated Timber Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the glue laminated timber market with detailed market segmentation by shape, application, and geography. The global glue laminated timber market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glue laminated timber market players and offers key trends and opportunities in the market.he Global Glue Laminated Timber Market is segmented based on shape and application. Based on shape, the market is segmented into straight, cambered, and custom. Based on application, the market is segmented into residential, industrial, and commercial.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global glue laminated timber market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The glue laminated timber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the glue laminated timber market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the glue laminated timber market in these regions.
The report covers key developments in the glue laminated timber market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from glue laminated timber market are anticipated to witness lucrative growth opportunities in the future with the rising demand for glue laminated timber in the global market. Below mentioned is the list of few companies engaged in the glue laminated timber market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glue laminated timber market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.