PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1840100
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1840100
Glue Laminated Timber (Glulam) is a high-tech engineered wood product developed by gluing several layers of dimensioned timber using high-quality and moisture-resistant compounds to structure powerful and diverse structural components. Glulam is known to be an incredibly powerful material with design flexibility and aestheticism that has been extensively applied in beams, columns, trusses, and arches in residential, commercial, and infrastructure construction. In comparison with steel and concrete, Glulam has a much lower carbon footprint, and it is therefore a better option when it comes to sustainability.
The Glue Laminated Timber market is set to show a growth rate of about 4.35% during the forecast period (2025-2033F). The glue-laminated timber market is growing due to increasing demand for eco-friendly building materials that can reduce carbon emissions compared to other materials, such as steel and concrete. It is gaining popularity with the increasing use of green building certifications, such as LEED and BREEAM, and through government policies that encourage low-carbon building construction. Its high strength, flexibility, and capacity to bear heavy spans make it very appealing to residential, commercial, and infrastructure projects. Also, the global usage is being enhanced due to the developments in prefabrication and digital design technologies that are making the processes more efficient and cost-effective. This sustainability, performance, and innovation convergence is the foundation of the robust growth trend of the market.
Based on the end-use category, the market is categorized into floor beams, window and door headers, trusses and supporting columns, roof beams, and others. Among these, roof beams currently hold the maximum market share in the glue-laminated timber market, as these are commonly used in residential and commercial buildings because of their capacity to cover long distances, to support heavy weights, and even to improve architectural/building beauty. However, the trusses and backing columns section is expected to experience the most significant rise in the future due to the increased use of mass timber in mid- to high-rise constructions and contemporary architectural endeavors that require the use of solid yet lightweight building materials.
Based on the application category, the market is categorized into residential, commercial, and others. Among these, the residential segment currently holds the maximum market share in the glue-laminated timber market, as glulam is widely applied as a beam, a header, or a roofing in the residence because of its strength, cost-effectiveness, and beauty. Its dominance has been further consolidated by the mass movement towards sustainable housing and materials that are environmentally friendly. However, the commercial segment is expected to grow the fastest due to the rising use of mass timber in commercial offices, hotels, educational institutions, and large community buildings.
For a better understanding of the demand of glue-laminated timber, the market is analyzed based on its worldwide adoption in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and Rest of World. Among these, Europe holds the maximum market share in the global Glue Laminated Timber market, due to a long history of timber construction, strict environmental laws, and the uptake of sustainable building practices in most countries of Europe, such as Germany, Austria, and the Nordic countries. The stringent environmental policies and the high use of green certification systems such as BREEAM and LEED have also increased the use of Glulam in the region. Also, the rising investments in government infrastructure, business ventures, and environmentally friendly accommodation have made Europe the world leader in the use and development of Glulam. However, the Asia-Pacific is projected to have the highest growth rate in the future due to a high rate of urbanization, increased infrastructure investment, and greater demand for green buildings in China, Japan, and India, as well as growing government efforts to encourage the use of sustainable construction materials.
Some major players running in the market include Boise Cascade, Western Forest Products, Stora Enso, Mercer Mass Timber (Mercer International), Canfor Corporation, Mayr-Melnhof Holz Holding AG, EcoCurves (Jagram Group), Timberlink Australia Pty Ltd., WIEHAG Holding GmbH, and James Jones & Sons Limited.