Global Glue-Laminated Timber Market Size Study, by Product Type, by Glue Type, by Lamination Configuration, by Application, and Regional Forecasts 2022-2032

Description

Global glue-laminated timber (glulam) market was valued at USD 3.96 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2032. Glue-laminated timber, commonly referred to as glulam, is an advanced engineered wood product, widely used in modern construction and architectural applications. It is made by bonding multiple layers of timber with high-strength adhesives, creating a material that offers superior structural capabilities. One of its main advantages is its eco-friendly nature, as it is made from sustainably sourced timber, which helps reduce the carbon footprint of construction projects.

The increasing emphasis on green construction and sustainable building practices has been a significant driver for the glue-laminated timber market. The material's resistance to warping, cracking, and environmental degradation makes it ideal for long-span applications, such as beams, columns, and arches, in residential, commercial, and industrial settings. Moreover, the growing demand for energy-efficient buildings, coupled with urbanization trends, has fueled the need for cost-effective, easy-to-install construction materials like glulam. Additionally, stringent building codes and regulations promoting fire and earthquake-resistant materials have further boosted the adoption of glulam across various construction projects.

Moreover, glulam's structural flexibility allows it to be customized in various shapes and sizes, making it a favorite among architects and builders who aim to create unique and cost-effective designs. With its superior strength-to-weight ratio compared to traditional materials like steel and concrete, glue-laminated timber plays a crucial role in ensuring durability, especially in regions prone to natural disasters.

Europe has emerged as a key region driving market growth, thanks to its strong commitment to sustainability and the implementation of eco-conscious regulations. The region's focus on green construction, supported by robust forestry practices, has significantly contributed to the widespread adoption of glue-laminated timber. Meanwhile, Asia Pacific, especially in rapidly urbanizing countries like China and India, is expected to experience the fastest growth due to the expanding construction industry and rising demand for affordable housing solutions.

Major market players included in this report are:

Stora Enso Oyj (Finland)
Binderholz GmbH (Austria)
Mayr-Melnhof Holz Holding AG (Austria)
Boise Cascade Company (United States)
Structurlam Mass Timber Corporation (Canada)
D.R. Johnson Wood Innovations (United States)
Meiken Lamwood Corp. (Japan)
Pfeifer Group (Austria)
Canfor Corporation (Canada)
B&K Structures (UK)
Nordic Structures (Canada)
Hasslacher Norica Timber (Austria)
Metsa Wood (Finland)
KLH Massivholz GmbH (Austria)
HESS Timber GmbH (Germany)

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Straight Beams
Curved Beams
Arch Beams
Columns
Trusses
Others

By Glue Type:

Phenol Formaldehyde (PF)
Melamine Urea Formaldehyde (MUF)
Polyurethane (PUR)
Epoxy
Others

By Lamination Configuration:

Horizontal Lamination
Vertical Lamination
Diagonal Lamination

By Application:

Residential Construction
Commercial Construction
Industrial Construction
Bridges and Infrastructure
Others

By Region:

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Glue-Laminated Timber Market Executive Summary

1.1. Global Glue-Laminated Timber Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Glue Type
- 1.3.3. By Lamination Configuration
- 1.3.4. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Glue-Laminated Timber Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Glue-Laminated Timber Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Eco-Friendly Construction
- 3.1.2. Rising Urbanization and Infrastructure Development
- 3.1.3. Strict Building Codes and Regulations
3.2. Market Challenges
- 3.2.1. High Cost of Raw Materials
- 3.2.2. Competition from Substitute Materials
3.3. Market Opportunities
- 3.3.1. Growing Adoption of Sustainable Materials
- 3.3.2. Emerging Markets in Developing Countries

Chapter 4. Global Glue-Laminated Timber Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political Factors
- 4.2.2. Economic Factors
- 4.2.3. Social Factors
- 4.2.4. Technological Factors
- 4.2.5. Environmental Factors
- 4.2.6. Legal Factors
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Glue-Laminated Timber Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Glue-Laminated Timber Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Straight Beams
- 5.2.2. Curved Beams
- 5.2.3. Arch Beams
- 5.2.4. Columns
- 5.2.5. Trusses
- 5.2.6. Others

Chapter 6. Global Glue-Laminated Timber Market Size & Forecasts by Glue Type 2022-2032

6.1. Segment Dashboard
6.2. Global Glue-Laminated Timber Market: Glue Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Phenol Formaldehyde
- 6.2.2. Melamine Urea Formaldehyde
- 6.2.3. Polyurethane
- 6.2.4. Epoxy
- 6.2.5. Others

Chapter 7. Global Glue-Laminated Timber Market Size & Forecasts by Lamination Configuration 2022-2032

7.1. Segment Dashboard
7.2. Global Glue-Laminated Timber Market: Lamination Configuration Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Horizontal Lamination
- 7.2.2. Vertical Lamination
- 7.2.3. Diagonal Lamination

Chapter 8. Global Glue-Laminated Timber Market Size & Forecasts by Application 2022-2032

8.1. Segment Dashboard
8.2. Global Glue-Laminated Timber Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Residential Construction
- 8.2.2. Commercial Construction
- 8.2.3. Industrial Construction
- 8.2.4. Bridges and Infrastructure
- 8.2.5. Others

Chapter 9. Global Glue-Laminated Timber Market Size & Forecasts by Region 2022-2032

9.1. North America Glue-Laminated Timber Market
- 9.1.1. U.S. Glue-Laminated Timber Market
  - 9.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Application breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Glue-Laminated Timber Market
9.2. Europe Glue-Laminated Timber Market
- 9.2.1. U.K. Glue-Laminated Timber Market
- 9.2.2. Germany Glue-Laminated Timber Market
- 9.2.3. France Glue-Laminated Timber Market
- 9.2.4. Spain Glue-Laminated Timber Market
- 9.2.5. Italy Glue-Laminated Timber Market
- 9.2.6. Rest of Europe Glue-Laminated Timber Market
9.3. Asia-Pacific Glue-Laminated Timber Market
- 9.3.1. China Glue-Laminated Timber Market
- 9.3.2. India Glue-Laminated Timber Market
- 9.3.3. Japan Glue-Laminated Timber Market
- 9.3.4. Australia Glue-Laminated Timber Market
- 9.3.5. South Korea Glue-Laminated Timber Market
- 9.3.6. Rest of Asia Pacific Glue-Laminated Timber Market
9.4. Latin America Glue-Laminated Timber Market
- 9.4.1. Brazil Glue-Laminated Timber Market
- 9.4.2. Mexico Glue-Laminated Timber Market
- 9.4.3. Rest of Latin America Glue-Laminated Timber Market
9.5. Middle East & Africa Glue-Laminated Timber Market
- 9.5.1. Saudi Arabia Glue-Laminated Timber Market
- 9.5.2. South Africa Glue-Laminated Timber Market
- 9.5.3. Rest of Middle East & Africa Glue-Laminated Timber Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Stora Enso Oyj
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Binderholz GmbH
- 10.3.3. Mayr-Melnhof Holz Holding AG
- 10.3.4. Boise Cascade Company
- 10.3.5. Structurlam Mass Timber Corporation
- 10.3.6. D.R. Johnson Wood Innovations
- 10.3.7. Meiken Lamwood Corp.
- 10.3.8. Pfeifer Group
- 10.3.9. Canfor Corporation
- 10.3.10. B&K Structures
- 10.3.11. Nordic Structures
- 10.3.12. Hasslacher Norica Timber
- 10.3.13. Metsa Wood
- 10.3.14. KLH Massivholz GmbH
- 10.3.15. HESS Timber GmbH

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes