Enjoy complimentary customisation on priority with our Enterprise License!
The glue laminated beams market share is expected to increase by 1.51 billion feet3 from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.28%.
This glue laminated beams market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers glue laminated beams market segmentation by application (residential, commercial, and others) and geography (Europe, North America, APAC, MEA, and South America).
Download the Free Report Sample to Unlock the Glue Laminated Beams Market Size for the Forecast Period and Other Important Statistics
The glue laminated beams market report also offers information on several market vendors, including Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and STRUCTURAL WOOD SYSTEMS among others.
Our report provides extensive information on the value chain analysis for the glue laminated beams market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
30% of the market's growth will originate from Europe during the forecast period. UK and Germany are the key markets for glue laminated beams market in Europe. Market growth in this region will be slower than the growth of the market in other regions.
The growing regional building and construction industry will facilitate the glue laminated beams market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic had a negative impact on the regional glue-laminated beams market. However, in H2 2020, due to the availability of vaccines, the number of COVID-19 cases in the region declined. This led to an ease in COVID-19-related restrictions. As the work on several construction projects in the region resumed, the demand for glue-laminated beams rebounded. The growing government support for the use of sustainable construction materials such as timber will drive the growth of the regional glue-laminated beams market during the forecast period.
The superior properties of glue-laminated beams is notably driving the glue-laminated beams market growth, although factors such as uncertainties in construction projects may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the glue-laminated beams industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Glue Laminated Beams Market Driver
The superior properties of glue-laminated beams is one of the key drivers supporting the glue laminated beams market growth. Glue-laminated beams do not need to be mined, unlike steel. They are not manufactured through high-energy demanding procedures, which are required for making cement and steel. The global construction industry is responsible for 35% of total greenhouse gas emissions produced by global economic activities. Thus, the transition toward renewable construction materials, such as timber, will help to lower these emissions. Additionally, they have high humidity and chlorine levels. Thus, the numerous superior properties of glue-laminated beams make them an ideal choice for residential and commercial construction applications. These factors will drive the growth of the global glue-laminated beams market during the forecast period.
Key Glue Laminated Beams Market Trend
Increasing strategic alliances of market players is another factor supporting the glue laminated beams market growth. For instance, in January 2022, Binderholz UK Holding GmbH, a subsidiary of the Austrian Binderholz GmbH, announced that it had acquired British BSW Timber Ltd., a sawmill group. With the acquisition, the company aims to become Europe's largest group in the sawmill and solid wood processing industry. With the increasing demand for glulam beams from end-users, vendors are opting for M&A and strategic alliances to improve their market reach and customer base. These strategic alliances and partnerships among vendors are helping them enhance their operations and increase their geographical presence. Thus, such activities will drive the growth of the global glue-laminated beams market during the forecast period.
Key Glue Laminated Beams Market Challenge
The uncertainties in construction projects is one of the factors hindering the glue laminated beams market growth. The outbreak of the COVID-19 pandemic affected several construction projects, globally, in 2020. Several construction projects were put on hold due to the regulations imposed by governments for public safety. For instance, in November 2021, the Commission for Air Quality Management in India ordered to halt of construction activities in Delhi as an emergency step to tackle the deteriorating air quality in the city. All construction activities in the city, except the work related to the railways, the metro, the airport, bus terminals, and defense-related projects, were halted. The delays in construction activities in countries worldwide negatively affected the demand for glue-laminated beams. These challenges can negatively impact the growth of the global glue-laminated beams market during the forecast period.
This glue laminated beams market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the glue laminated beams market as a part of the global construction and engineering market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the glue laminated beams market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the glue laminated beams market encompasses successful business strategies deployed by the key vendors. The glue laminated beams market is fragmented and the vendors are deploying growth strategies such as M&A, expansion projects, and increasing production capacity to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The glue laminated beams market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
***1. Executive Summary
***2. Market Landscape
**2.1 Market ecosystem
*Exhibit 01: Parent market
**2.2: Market Characteristics
**2.3 Value chain analysis
*Exhibit 02: Value Chain Analysis: Construction and engineering
*2.3.1 Inputs
*2.3.2 Inbound logistics
*2.3.3 Operations
*2.3.4 Marketing and sales
*2.3.5 Support activities
*2.3.6 Innovation
***3. Market Sizing
**3.1 Market definition
*Exhibit 03: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 04: Market segments
**3.3 Market size 2020
**3.4 Market outlook: Forecast for 2020 - 2025
*Exhibit 05: Global - Market size and forecast 2021 - 2026 (million ft3)
*Exhibit 06: Global market: Year-over-year growth 2021 - 2026 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 07: Five forces analysis 2020 & 2025
**4.2 Bargaining power of buyers
**4.3 Bargaining power of suppliers
**4.4 Threat of new entrants
**4.5 Threat of substitutes
**4.6 Threat of rivalry
**4.7 Market condition
*Exhibit 08: Market condition - Five forces 2021
***5 Market Segmentation by Application
**5.1 Market segments
*The segments covered in this chapter are:
*Exhibit 09: Application - Market share 2021-2026 (%)
**5.2 Comparison by Application
*Exhibit 10: Comparison by Application
**5.3 Residential - Market size and forecast 2021-2026
*Exhibit 11: Residential - Market size and forecast 2021-2026 (million ft3)
*Exhibit 12: Residential - Year-over-year growth 2021-2026 (%)
**5.4 Commercial - Market size and forecast 2021-2026
*Exhibit 13: Commercial - Market size and forecast 2021-2026 (million ft3)
*Exhibit 14: Commercial - Year-over-year growth 2021-2026 (%)
**5.5 Others - Market size and forecast 2021-2026
*Exhibit 15: Others - Market size and forecast 2021-2026 (million ft3)
*Exhibit 16: Others - Year-over-year growth 2021-2026 (%)
**5.6 Market opportunity by Application
*Exhibit 17: Market opportunity by Application
***6 Customer landscape
**6.1 Overview
*Exhibit 18: Customer landscape
***7 Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 19: Market share by geography 2021-2026 (%)
**7.2 Geographic comparison
*Exhibit 20: Geographic comparison
**7.3 Europe - Market size and forecast 2021-2026
*Exhibit 21: Europe - Market size and forecast 2021-2026 (million ft3)
*Exhibit 22: Europe - Year-over-year growth 2021-2026 (%)
**7.4 North America - Market size and forecast 2021-2026
*Exhibit 23: North America - Market size and forecast 2021-2026 (million ft3)
*Exhibit 24: North America - Year-over-year growth 2021-2026 (%)
**7.5 APAC - Market size and forecast 2021-2026
*Exhibit 25: APAC - Market size and forecast 2021-2026 (million ft3)
*Exhibit 26: APAC - Year-over-year growth 2021-2026 (%)
**7.6 MEA - Market size and forecast 2021-2026
*Exhibit 27: MEA - Market size and forecast 2021-2026 (million ft3)
*Exhibit 28: MEA - Year-over-year growth 2021-2026 (%)
**7.7 South America - Market size and forecast 2021-2026
*Exhibit 29: South America - Market size and forecast 2021-2026 (million ft3)
*Exhibit 30: South America - Year-over-year growth 2021-2026 (%)
**7.8 Key leading countries
*Exhibit 31: Key leading countries
**7.9 Market opportunity by geography
*Exhibit 32: Market opportunity by geography (million ft3)
***8 Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Superior properties of glue-laminated beams
*8.1.2 Rising demand from APAC
*8.1.3 Use for repair and rehabilitation applications
**8.2 Market challenges
*8.2.1 Uncertainties in construction projects
*8.2.2 Moisture absorbing capacity of wood
*8.2.3 Fluctuating prices of raw materials
*Exhibit 33: Impact of drivers and challenges
**8.3 Market trends
*8.3.1 Increasing strategic alliances of market players
*8.3.2 Usage of glulam in artistic structures
*8.3.3 Surge in adoption of green building material
***9. Vendor Landscape
**9.1 Competitive scenario
**9.2 Vendor landscape
*Exhibit 34: Vendor Landscape
**9.3 Landscape disruption
*Exhibit 35: Landscape disruption
**9.4 Industry risks
*Exhibit 36: Industry risks
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 37: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 38: Market positioning of vendors
**10.3 Binderholz GmbH
*Exhibit 39: Binderholz GmbH - Overview
*Exhibit 40: Binderholz GmbH - Product and service
*Exhibit 41: Binderholz GmbH - Key offerings
**10.4 Boise Cascade Co.
*Exhibit 42: Boise Cascade Co. - Overview
*Exhibit 43: Boise Cascade Co. - Business segments
*Exhibit 44: Boise Cascade Co. - Key offerings
*Exhibit 45: Boise Cascade Co. - Segment focus
**10.5 Calvert Co. Inc.
*Exhibit 46: Calvert Co. Inc. - Overview
*Exhibit 47: Calvert Co. Inc. - Product and service
*Exhibit 48: Calvert Co. Inc. - Key offerings
**10.6 Canfor Corp.
*Exhibit 49: Canfor Corp. - Overview
*Exhibit 50: Canfor Corp. - Business segments
*Exhibit 51: Canfor Corp. – Key news
*Exhibit 52: Canfor Corp. - Key offerings
*Exhibit 53: Canfor Corp. - Segment focus
**10.7 HASSLACHER Holding GmbH
*Exhibit 54: HASSLACHER Holding GmbH - Overview
*Exhibit 55: HASSLACHER Holding GmbH - Product and service
*Exhibit 56: HASSLACHER Holding GmbH - Key offerings
**10.8 Mayr Melnhof Holz Holding AG
*Exhibit 57: Mayr Melnhof Holz Holding AG - Overview
*Exhibit 58: Mayr Melnhof Holz Holding AG - Product and service
*Exhibit 59: Mayr Melnhof Holz Holding AG - Key offerings
**10.9 Pfeifer Holding GmbH
*Exhibit 60: Pfeifer Holding GmbH - Overview
*Exhibit 61: Pfeifer Holding GmbH - Product and service
*Exhibit 62: Pfeifer Holding GmbH - Key offerings
**10.10 Setra Group AB
*Exhibit 63: Setra Group AB - Overview
*Exhibit 64: Setra Group AB - Product and service
*Exhibit 65: Setra Group AB - Key offerings
**10.11 Stora Enso Oyj
*Exhibit 66: Stora Enso Oyj - Overview
*Exhibit 67: Stora Enso Oyj - Business segments
*Exhibit 68: Stora Enso Oyj - Key offerings
**10.12 STRUCTURAL WOOD SYSTEMS
*Exhibit 69: STRUCTURAL WOOD SYSTEMS - Overview
*Exhibit 70: STRUCTURAL WOOD SYSTEMS - Product and service
*Exhibit 71: STRUCTURAL WOOD SYSTEMS - Key offerings
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 ????Notes and caveats
**11.2 Currency conversion rates for US$
*Exhibit 72: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 73: ?Research Methodology
*Exhibit 74: ??Validation techniques employed for market sizing?
*Exhibit 75: ??Information sources
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.