PUBLISHER: IMARC | PRODUCT CODE: 1642770
PUBLISHER: IMARC | PRODUCT CODE: 1642770
I-Joist Market Report by Sector (Residential, Commercial), New Construction and Replacement (New Construction, Replacement), Application (Floors, Roofs, and Other applications), and Region 2025-2033
The global I-joist market size reached USD 2.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.7 Billion by 2033, exhibiting a growth rate (CAGR) of 6.6% during 2025-2033. The increasing construction of residential and commercial buildings, rising implementation of stringent environmental regulations and standards in the construction industry, and continuous improvements in logistics and supply chain management are some of the major factors propelling the market.
An I-joist, also known as an engineered wood I-beam, is a structural component used in construction for providing support to floors, roofs, and walls. It consists of a top and bottom flange that are usually made of dimensional lumber and connected by a vertical web. It enhances the load-bearing capacity and reduces the overall weight of the joist. It is treated with fire-resistant coatings to enhance its fire performance and maintain structural integrity during emergencies. It offers exceptional strength and stability, which ensures reliable structural performance in various applications.
The growing commercial real estate market is creating more opportunities for the use of I-joists in office buildings, retail spaces, and other commercial structures. Additionally, the rise of modular and prefab construction methods is positively influencing the market. Apart from this, the relative ease and speed of installing I-joists over traditional lumber are promoting the adoption of I-joists across the globe. Furthermore, continuous improvements in logistics and supply chain management are making I-joists more accessible and affordable. Moreover, advancements in wood processing are making the raw materials for I-joists more readily available. Besides this, collaborations between I-joist manufacturers and construction companies for bulk supply deals are favoring the market growth.
I-Joist Market Trends/Drivers:
Rise in infrastructure projects
The expanding global population and the increasing construction activities of residential and commercial buildings are catalyzing the demand for efficient and reliable structural solutions, like I-joists. Additionally, urban development is driving the need for taller and more space-efficient buildings, installed with I-joists ability to provide extended spans and open layouts. Apart from this, the rising construction of multi-story buildings is promoting the use of long-span structural components like I-joists to maintain stability and design flexibility across different levels. Furthermore, the ease of installation and integrated utility runs in I-joists accelerate construction processes and assist constructors in meeting the demand for quicker project completion in busy urban environments.
Construction speed and efficiency
The rapid installation process of I-joists, on account of their consistent dimensions and pre-engineered design, is significantly reducing construction timelines, which is driving its demand in the construction industry. Apart from this, the increasing use of I-joists in the commercial sector due to their built-in utility openings is allowing for seamless installation of electrical, plumbing, and HVAC systems during framing, streamlining subsequent construction phases, which is strengthening the growth of the market. Furthermore, the rising awareness among individuals about the benefits offered by I-joists in improving the life span of structures is positively influencing the market.
Environmental sustainability
The growing environmental consciousness among the masses represents one of the key factors driving the demand for environment friendly construction materials. I-joists are manufactured using engineered wood, which promotes sustainable forestry practices and reduces the demand for traditional timber resources. Apart from this, the rising pollution level and the increasing prevalence of various diseases are offering a favorable market outlook. The manufacturing process of I-joists generates fewer greenhouse gas emissions compared to alternatives like steel or concrete, aligning with eco-conscious construction practices. Furthermore, the increasing environmental regulations and standards in the construction industry are catalyzing the demand for sustainable building materials like I-joists.
I-Joist Industry Segmentation:
Breakup by Sector:
Residential
Commercial
Residential dominates the market
Breakup by New Construction and Replacement:
New Construction
Replacement
New construction accounts for the majority of the market share
Breakup by Application:
Floors
Roofs
Other applications
Floors hold the largest share in the market
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
North America exhibits a clear dominance, accounting for the largest I-joist market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share due to the presence of well-established supply chains and distribution networks in North America, which makes it easier for I-joist manufacturers to deliver their products efficiently. Additionally, the region is a hub for construction innovation and research and development (R&D) activities to promote the adoption of engineered products like I-joists. Furthermore, the preference for open floor plans and custom-designed homes in North America aligns well with the design flexibility offered by I-joists. Furthermore, North America, particularly the United States, has a robust and continually growing construction industry. The sustained demand for new residential and commercial projects drives the need for construction materials like I-joists.
Competitive Landscape:
Companies are continually investing in research and development (R&D) activities to enhance the design, strength, and efficiency of I-joists. This includes developing new materials, improving manufacturing processes, and incorporating advanced technologies to meet evolving construction needs. Additionally, many companies are emphasizing sustainability by using responsibly sourced materials and eco-friendly manufacturing practices. Apart from this, manufacturers are offering a wide range of sizes, shapes, and load-bearing capacities to cater to diverse project requirements. Furthermore, they are investing in educational resources and training programs to educate builders, contractors, and other stakeholders about the benefits, installation, and proper use of I-joists in construction projects.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Boise Cascade Company
Louisiana-Pacific Corporation
Nordic Structures
Roseburg Forest Products Co.
Stark Truss Company, Inc.
STEICO SE
Weyerhaeuser Company
Key Questions Answered in This Report
- 1. What was the size of the global I-joist market in 2024?
- 2. What is the expected growth rate of the global I-joist market during 2025-2033?
- 3. What are the key factors driving the global I-joist market?
- 4. What has been the impact of COVID-19 on the global I-joist market?
- 5. What is the breakup of the global I-joist market based on the sector?
- 6. What is the breakup of the global I-joist market based on the new construction and replacement?
- 7. What is the breakup of the global I-joist market based on the application?
- 8. What are the key regions in the global I-joist market?
- 9. Who are the key players/companies in the global I-joist market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Engineered Wood Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Price Analysis
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
6 Global I-Joist Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Price Analysis
- 6.4.1 Key Price Indicators
- 6.4.2 Price Structure
- 6.4.3 Price Trends
- 6.5 Market Breakup by Region
- 6.6 Market Breakup by Sector
- 6.7 Market Breakup by New Construction and Replacement
- 6.8 Market Breakup by Application
- 6.9 Market Forecast
- 6.10 SWOT Analysis
- 6.10.1 Overview
- 6.10.2 Strengths
- 6.10.3 Weaknesses
- 6.10.4 Opportunities
- 6.10.5 Threats
- 6.11 Value Chain Analysis
- 6.11.1 Overview
- 6.11.2 Forest Owners
- 6.11.3 Sawmills
- 6.11.4 I-Joist Manufacturers
- 6.11.5 Distributors and Retailers
- 6.11.6 Exporters
- 6.11.7 End-Use Industries
- 6.12 Porter's Five Forces Analysis
- 6.12.1 Overview
- 6.12.2 Bargaining Power of Buyers
- 6.12.3 Bargaining Power of Suppliers
- 6.12.4 Degree of Competition
- 6.12.5 Threat of New Entrants
- 6.12.6 Threat of Substitutes
- 6.13 Key Success and Risk Factors
7 Market Breakup by Region
- 7.1 Asia Pacific
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 North America
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Europe
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Latin America
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Sector
- 8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by New Construction and Replacement
- 9.1 New Construction
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Replacement
- 9.2.2 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Application
- 10.1 Floors
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Roofs
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Other Applications
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Competitive Landscape
- 11.1 Market Structure
- 11.2 Key Players
- 11.3 Key Player Profiles
- 11.3.1 Boise Cascade Company
- 11.3.2 Louisiana-Pacific Corporation
- 11.3.3 Nordic Structures
- 11.3.4 Roseburg Forest Products Co.
- 11.3.5 Stark Truss Company, Inc.
- 11.3.6 STEICO SE
- 11.3.7 Weyerhaeuser Company
List of Figures
- Figure 1: Global: I-Joist Market: Major Drivers and Challenges
- Figure 2: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metres), 2019-2024
- Figure 3: Global: Engineered Wood Market: Value Trends (in Billion USD), 2019-2024
- Figure 4: Global: Engineered Wood Market: Average Prices (in USD/Cubic Metre), 2019-2024
- Figure 5: Global: Engineered Wood Market: Breakup by Product Type (in %), 2024
- Figure 6: Global: Engineered Wood Market: Breakup by Application (in %), 2024
- Figure 7: Global: Engineered Wood Market: Breakup by Region (in %), 2024
- Figure 8: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 9: Global: Engineered Wood Market Forecast: Value Trends (in Billion USD), 2025-2033
- Figure 10: Global: I-Joist Market: Volume Trends (in Million Cubic Metres), 2019-2024
- Figure 11: Global: I-Joist Market: Value Trends (in Billion USD), 2019-2024
- Figure 12: I-Joist Market: Price Structure
- Figure 13: Global: I-Joist Market: Average Prices (in USD/Cubic Metre), 2019-2024
- Figure 14: Global: I-Joist Market Forecast: Average Prices (in USD/Cubic Metre), 2025-2033
- Figure 15: Global: I-Joist Market: Breakup by Region (in %), 2024
- Figure 16: Global: I-Joist Market: Breakup by Sector (in %), 2024
- Figure 17: Global: I-Joist Market: Breakup by New Construction and Replacement (in %), 2024
- Figure 18: Global: I-Joist Market: Breakup by Application (in %), 2024
- Figure 19: Global: I-Joist Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 20: Global: I-Joist Market Forecast: Value Trends (in Billion USD), 2025-2033
- Figure 21: Global: I-Joist Industry: SWOT Analysis
- Figure 22: Global: I-Joist Industry: Value Chain Analysis
- Figure 23: Global: I-Joist Industry: Porters Five Forces Analysis
- Figure 24: Asia-Pacific: I-Joist Market (in Million Cubic Metres), 2019 & 2024
- Figure 25: Asia-Pacific: I-Joist Market Forecast (in Million Cubic Metres), 2025-2033
- Figure 26: North America: I-Joist Market (in Million Cubic Metres), 2019 & 2024
- Figure 27: North America: I-Joist Market Forecast (in Million Cubic Metres), 2025-2033
- Figure 28: Europe: I-Joist Market (in Million Cubic Metres), 2019 & 2024
- Figure 29: Europe: I-Joist Market Forecast (in Million Cubic Metres), 2025-2033
- Figure 30: Latin America: I-Joist Market (in Million Cubic Metres), 2019 & 2024
- Figure 31: Latin America: I-Joist Market Forecast (in Million Cubic Metres), 2025-2033
- Figure 32: Middle East and Africa: I-Joist Market (in Million Cubic Metres), 2019 & 2024
- Figure 33: Middle East and Africa: I-Joist Market Forecast (in Million Cubic Metres), 2025-2033
- Figure 34: Global: I-Joist (Residential) Market: Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 35: Global: I-Joist (Residential) Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 36: Global: I-Joist (Commercial) Market: Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 37: Global: I-Joist (Commercial) Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 38: Global: I-Joist (New Construction) Market: Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 39: Global: I-Joist (New Construction) Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 40: Global: I-Joist (Replacement) Market: Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 41: Global: I-Joist (Replacement) Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 42: Global: I-Joist Market (Application in Floors): Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 43: Global: I-Joist Market Forecast (Application in Floors): Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 44: Global: I-Joist Market (Application in Roofs): Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 45: Global: I-Joist Market Forecast (Application in Roofs): Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 46: Global: I-Joist Market (Other Applications): Volume Trends (in Million Cubic Metres), 2019 & 2024
- Figure 47: Global: I-Joist Market Forecast (Other Applications): Volume Trends (in Million Cubic Metres), 2025-2033
List of Tables
- Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: I-Joist Market: Key Industry Highlights, 2024 and 2033
- Table 3: Global: I-Joist Market Forecast: Breakup by Region (in Million Cubic Metres), 2025-2033
- Table 4: Global: I-Joist Market Forecast: Breakup by Sector (in Million Cubic Metres), 2025-2033
- Table 5: Global: I-Joist Market Forecast: Breakup by New Construction and Replacement (in Million Cubic Metres), 2025-2033
- Table 6: Global: I-Joist Market Forecast: Breakup by Application (in Million Cubic Metres), 2025-2033
- Table 7: Global: I-joist Market: Competitive Structure
- Table 8: Global: I-Joist Market: Key Players
