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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Glue-Laminated Timber (Glulam) Market Size
The global glue-laminated timber (glulam) market size was around USD 2,790.89 million in 2023. The market is estimated to grow at a CAGR of 5.2% during 2024-2032 to reach a value of USD 4,38741 million by 2032.
Key Takeaways
- In 2022, companies in Austria and Germany produced a total of 2.84 million m³ of glue-laminated timber (glulam).
- In 2022, the Hasslacher group stood as Europe’s largest glulam manufacturer with its four production sites in Germany and Austria with a production output of 355,000 m³.
- Glulam manufacturing is considered a resource-efficient process. The timber is majorly homegrown spruce retrieved from sustainably managed forests.
The increasing preference for wood-based construction materials owing to their benefits, including high thermal strength, chemical resistance, durability, and lightweight is expected to positively influence the expansion of the global glue-laminated timber (glulam) market.
Glue-laminated timber is considered as a substitute for steel beams and softwood timber. Moreover, it is consistent and can be produced in larger sizes than individual pieces of timber.
Glulam has high load-bearing capacity and low weight, making it advantageous to create large open spaces without the need for support beams. Also, it can span up to 100 metres without intervening support.
Glue-Laminated Timber (Glulam) Market Report Snapshots
Glue-Laminated Timber (Glulam) Market Size
Glue-Laminated Timber (Glulam) Market Trends
Glue-Laminated Timber (Glulam) Companies
Glue-Laminated Timber (Glulam) Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 2,790.89 million.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 4,38741 million.
The key trends guiding the growth of the market are increasing concerns regarding sustainability, rising capacity expansions, and favourable government initiatives for adopting green construction materials.
The key regional markets for glue-laminated timber (glulam) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses are new construction and replacement.
Glulam finds applications in floor beam, trusses and supporting columns, window and door headers, roof beam, and others.
The key players in the market include Boise Cascade Company, Western Forest Products Inc., Mayr-Melnhof Holz Holding AG, HASSLACHER Holding GmbH, Binderholz GmbH, Ziegler Holding GmbH, Canfor Corporation, and Pfeifer Holz GmbH & Co KG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124