PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1699563
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1699563
Global Global I-joist Market is estimated to be valued at US$ 2.77 Bn in 2025 and is expected to reach US$ 4.30 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 2.77 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 6.50% | 2032 Value Projection: | USD 4.30 Bn |
The global I-joist market has been witnessing steady growth over the past few years. I-joists, also known as parallel chord trusses or structural composite lumber, are prefabricated structural elements made mostly from dimensional lumber or engineered wood and designed to substitute for solid lumber in floor and roofing applications. Compared to traditional dimensional lumber, I-joists provide improved structural integrity, consistency, and performance. They are fabricated from lightweight engineered wood fibers or other materials pressed or bonded together under heat and pressure. I-joists support heavy floor and roof loads while reducing material usage and costs. Their engineered qualities make them well-suited for multi-floor structures. Growing construction activities along with the need for cost-effective yet high-performing building materials are driving the adoption of I-joists globally.
Increasing residential and commercial construction activities around the world have been a key driver of the global I-joist market over the past few years. I-joists are emerging as an appealing alternative to conventional wood joists due to their strength, consistency, accuracy in dimensions, cost-effectiveness, and other benefits. Furthermore, stringent regulations regarding energy efficiency in residential and commercial buildings have boosted the replacement of older structures with newer, green buildings that use I-joists. However, availability of substitutes, such as advanced wooden and steel joists, is a major restraint for the market. Nevertheless, ongoing R&D focused on developing innovative, lightweight, and higher strength I-joist varieties present significant opportunities for market players.
This report provides in-depth analysis of the global I-joist market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global I-joist market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Boise Cascade Company, Louisiana-Pacific Corporation, Nordic Structures, Roseburg Forest Products Co., Stark Truss Company, Inc., STEICO SE, Weyerhaeuser Company, Anthony Forest Products Co, Evolution Structures, James Jones & Sons Ltd, Pro Builder, Pryda, REDBUILT, Simpson Strong-Tie Co Inc, and Sodra
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global I-joist market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global I-joist market