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According to IMARC Group’s latest report, titled “Glue-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the global glue-laminated timber market to reach US$ 4.8 Billion by 2027, exhibiting a CAGR of 3% during 2022-2027.
Glue-laminated timber is a structural lumber product which is used for both residential and commercial projects. It is made by bonding thin layers of timber together with superior wood adhesives. The laminating process eliminates the natural variations in the performance of solid timber, thereby resulting in consistent performance. Owing to this, glue-laminated timber has rapidly gained prominence as a green building solution in the recent years.
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Global Glue-Laminated Timber Market Drivers/Constraints:
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The report has also analysed the market on the basis of competitive landscape and has provided the details of the key players. Some of the major players are
Market Segmentation:
Breakup by End Use:
Breakup by Application:
Regional Insights:
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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
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.
About Us:
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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