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The glue laminated timber market has shown steady growth, rising from $3.48 billion in 2023 to $3.65 billion in 2024, with a CAGR of 4.9%. This growth is attributed to increased usage across industries, construction sector expansion, and residential demand. Projected to maintain its steady growth, the market is expected to reach $4.24 billion by 2028, with a CAGR of 3.8%. Driven by sustained demand, rapid urbanization, construction sector growth, government investments, and urban population increase, major trends in the forecast period include architectural advancements, sustainable practices, design flexibility, energy efficiency, thermal performance, and green building certifications.

The glue laminated timber market is poised for growth, propelled by the rapid expansion of the construction industry. Construction encompasses various activities such as planning, creation, renovation, and maintenance of physical structures and infrastructure, experiencing an upsurge due to factors like increasing infrastructure investments, rising housing demands, and the need for green infrastructure. Glue laminated timber, a versatile and sustainable structural material, offers strength, flexibility, and aesthetic appeal in modern construction projects. For instance, a report by the Office for National Statistics revealed a record rise of 12.7% in the UK’s construction sector in 2021 compared to 2020, with a 2.0% increase in construction output volume in December 2021 driven by new work. By 2028, the glue laminated timber market is projected to witness significant growth, aligning with the construction industry’s expansion, driven by the rapid growth of the construction industry.

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What Are The Key Trends That Influence Glue Laminated Timber Market Share Analysis?
Major companies in the glue laminated timber market are innovating with products like NeXTimber to strengthen their market positions. NeXTimber includes cross-laminated timber (CLT) panels and glue-laminated timber (GLT) members, providing robust building solutions. For example, Timber Link International launched the NeXTimber brand in December 2021, using locally sourced timber to offer biophilic and environmentally beneficial building solutions.

Which Market Players Are Driving Growth In The Glue Laminated Timber Market?
Major companies operating in the market areStora Enso Oyj, Boise Cascade Company, Canfor Corporation, Binderholz GmbH, Pfeifer Holding GmbH, Western Forest Products Inc., Holzindustrie Schweighofer GmbH, Forest Timber Engineering Ltd, Mayr-Melnhof Holz Holding AG, Setra Group AB, W. u. J. Derix GmbH & Co. KG, Eugen Decker GmbH & Co. KG, Eacom Timber Corporation, Structurlam Mass Timber Corporation, B&K Structures Ltd., D.R. Johnson Wood Innovations LLC, Structural Wood Systems Inc., Wiehag GmbH, HASSLACHER Holding GmbH, Schilliger Holz AG, Nordic Engineered Wood, KLH Massivholz GmbH, Glulam Ltd., Calvert Company Inc., Rubner Holzbau GmbH, EcoCurves BV, Meiken Lamwood Corp.

How Is The Global Glue Laminated Timber Market Segmented?
The glue laminated timber market covered in this report is segmented –
1) By Type: Premium Grade, Framing Grade, Industrial Grade, Architectural Grade
2) By Shape: Straight, Curved, Custom
3) By Application: Floor And Roof Beams, Replacement, Household Framing, Window And Door Headers, Supporting Columns, Ridge And Curved Beams
4) By End-Use: Building And Construction, Architecture

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The Glue Laminated Timber Global Market Report 2024 provides an overview of the glue laminated timbermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The glue laminated timber market forecast analyzes glue laminated timber market size, glue laminated timber market share, leading competitor and their market positions.

The Table Of Content For The Glue Laminated Timber Market Include
1. Glue Laminated Timber Market Executive Summary
2. Glue Laminated Timber Market Segments
3. Glue Laminated Timber Market Size And Template Market Growth Rate
4.  Key Glue Laminated Timber Market Trends
5. Major Glue Laminated Timber Market Drivers
……
25. Key Mergers And Acquisitions In The Glue Laminated Timber Market
26. Top Glue Laminated Timber Companies
27. Glue Laminated Timber Market Opportunities And Strategies
28. Glue Laminated Timber Market, Conclusions And Recommendations
29. Appendix

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