Glue Laminated Timber Market Research Report – Global Forecast till 2027

Glue Laminated Timber Market Research Report, By Application (Residential, Commercial, Others) and Region — Global Forecast till 2027

ID: MRFR/CO/5758-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill Sample form for updated data.

Market Synopsis: Global Glue Laminated Timber Market


Rapid growth in residential and non-residential projects in the Asia-Pacific and Middle Eastern region is anticipated to drive demand for glue laminated timber (glulam). The products visual appeal, high strength, and durability is projected to positively influence market growth over the coming years. The global glue laminated timber market is expected to witness a CAGR of around 5.5% from 2018 to 2023. Water-proof adhesives used in the manufacture of glue laminated timber extends its usage to exposed applications such as utility poles, docks, bridges. The products strength, durability, and design flexibility are expected to foster applications in infrastructure development and new construction projects.


Global Glue Laminated Timber Market: Regional Analysis


The global glue laminated timber market has been segmented region-wise that includes North America, Europe, Asia-Pacific, and Rest of the world (RoW). The demand for glulam in Asia Pacific is projected to grow at a high CAGR on account of favorable policies for infrastructure and housing development. The product offers exceptional design flexibility; therefore, it can be used in various projects such as warehouse roof, beams, and highway bridges. Easy financing options available for private housing and commercial buildings is projected to ease growth of the construction sector, thereby, positively influencing the demand for glue laminated timber in Asia-Pacific.


Preference and accreditations given for construction of green buildings is also anticipated to propel demand for glulam. Glue laminated timber can be manufactured from a wide variety of small trees that are harvested from second or third growth plantations and forests. This reduces dependability on large growth-dependent timber. The aesthetic appeal and environment-friendliness of glue laminated timber is expected to boost market demand in the North American and European region.


Increasing number of new construction projects in the Middle East & South American region is also anticipated to favor market growth. Saudi Arabia, Egypt, UAE, and Kuwait are some of the largest spenders in the construction industry. Extensive investments in the upgradation of rail, port, and airport facilities coupled with development of healthcare and leisure establishments is anticipated to augment market growth.


Global Glue Laminated Timber Market: Segmentation


The global glue laminated timber market has been segmented on the basis of application into commercial, residential, and others. The residential segment was estimated to occupy the largest share in 2017 and is also projected to grow at a high CAGR over the forecast period. Increasing repair & renovation activities coupled with the growing spending on interior designing solutions is projected to augment demand for glulam over the coming years. Investments in developing affordable housing solutions is also anticipated to boost market growth.


The commercial segment is projected to occupy the second largest share in the market. Extensive usage of glulams in office buildings, hotels, bridges, gymnasium, public & government buildings, hospitals, airports, and recreational facilities is expected to increase product demand. Some of the factors responsible for the high demand for glulam are its economical cost, stiffness, and strength as compared to other lumber products. The use of moisture resistant adhesives while manufacturing glue laminated timber makes it a preferred choice in beams, curved members, and architecture that requires structural sturdiness.


Key players include Boise Cascade Co., Pfeifer Holz GmbH, Setra Group AB, Canfor Corporation, Calvert Company Inc., Binderholz GmbH., Mayr-Melnhof Holz Holding AG, Schilliger Holz AG, Structurlam, and Hasslacher Holding GmbH. The presence of a large number of small and large companies operating in the glue laminated timber market is projected to increase competitive rivalry in the market place. Competitive pricing, technological advancements, new product developments, and expansions are some of the strategic initiatives taken up by key manufacturers.


Intended Audience:



  • Raw Material Suppliers

  • End Users

  • Manufacturers

  • Traders & Distributors

  • Regulatory Bodies

  • Market Research and Consulting Firms



Frequently Asked Questions (FAQ) :


Glue Laminated timber market would record 5.5% CAGR during the forecast period.

Favorable infrastructure and housing policies would drive the APAC glue laminated timber market.

Increase in number of new construction projects would drive Middle Eastern and South American glue laminated timber market.

The residential segment would dominate glue laminated timber market.

Market players are Pfeifer Holz GmbH, Boise Cascade Co., Canfor Corporation, Setra Group AB, Binderholz GmbH., Structurlam, Calvert Company Inc., Schilliger Holz AG, Mayr-Melnhof Holz Holding AG, and Hasslacher Holding GmbH.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

5 Global Glue Laminated Timber Market, By Application

5.1 Introduction

5.2 Residential

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Commercial

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Others

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Glue Laminated Timber Market, By Region

6.1 Introduction

6.2 North America

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Application, 2020-2027

6.2.3 US

6.2.3.1 Market Estimates & Forecast, 2020-2027

6.2.3.2 Market Estimates & Forecast by Application, 2020-2027

6.2.4 Canada

6.2.4.1 Market Estimates & Forecast, 2020-2027

6.2.4.2 Market Estimates & Forecast by Application, 2020-2027

6.2.5 Mexico

6.2.5.1 Market Estimates & Forecast, 2020-2027

6.2.5.2 Market Estimates & Forecast by Application, 2020-2027

6.3 Europe

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Application, 2020-2027

6.3.3 UK

6.3.3.1 Market Estimates & Forecast, 2020-2027

6.2.3.2 Market Estimates & Forecast by Application, 2020-2027

6.3.4 Germany

6.3.4.1 Market Estimates & Forecast, 2020-2027

6.3.4.2 Market Estimates & Forecast by Application, 2020-2027

6.3.5 France

6.3.5.1 Market Estimates & Forecast, 2020-2027

6.3.5.2 Market Estimates & Forecast by Application, 2020-2027

6.3.6 Italy

6.3.6.1 Market Estimates & Forecast, 2020-2027

6.3.6.2 Market Estimates & Forecast by Application, 2020-2027

6.3.7 Austria

6.3.7.1 Market Estimates & Forecast, 2020-2027

6.3.7.2 Market Estimates & Forecast by Application, 2020-2027

6.3.8 Rest of Europe

6.3.8.1 Market Estimates & Forecast, 2020-2027

6.3.8.2 Market Estimates & Forecast by Application, 2020-2027

6.4 Asia-Pacific

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Application, 2020-2027

6.4.3 China

6.4.3.1 Market Estimates & Forecast, 2020-2027

6.4.3.2 Market Estimates & Forecast by Application, 2020-2027

6.4.4 Japan

6.4.4.1 Market Estimates & Forecast, 2020-2027

6.4.4.2 Market Estimates & Forecast by Application, 2020-2027

6.4.5 India

6.4.5.1 Market Estimates & Forecast, 2020-2027

6.4.5.2 Market Estimates & Forecast by Application, 2020-2027

6.4.6 Australia

6.4.6.1 Market Estimates & Forecast, 2020-2027

6.4.6.2 Market Estimates & Forecast by Application, 2020-2027

6.4.7 Rest of Asia-Pacific

6.4.7.1 Market Estimates & Forecast, 2020-2027

6.4.7.2 Market Estimates & Forecast by Application, 2020-2027

6.5 Rest of the World

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast by Application, 2020-2027

6.5.3 South America

6.5.3.1 Market Estimates & Forecast, 2020-2027

6.5.3.2 Market Estimates & Forecast by Application, 2020-2027

6.5.4 Middle East & Africa

6.5.4.1 Market Estimates & Forecast, 2020-2027

6.5.4.2 Market Estimates & Forecast by Application, 2020-2027

7 Competitive Landscape

8 Company Profile

8.1 Boise Cascade Co.

8.1.1 Company Overview

8.1.2 Products/Services Offering

8.1.3 Financial Overview

8.1.4 Key Developments

8.1.5 Strategy

8.1.6 SWOT Analysis

8.2 Pfeifer Holz GmbH

8.2.1 Company Overview

8.2.2 Products/Services Offering

8.2.3 Financial Overview

8.2.4 Key Developments

8.2.5 Strategy

8.2.6 SWOT Analysis

8.3 Setra Group AB

8.3.1 Company Overview

8.3.2 Products/Services Offering

8.3.3 Financial Overview

8.3.4 Key Developments

8.3.5 Strategy

8.3.6 SWOT Analysis

8.4 Canfor Corporation

8.4.1 Company Overview

8.4.2 Products/Services Offering

8.4.3 Financial Overview

8.4.4 Key Developments

8.4.5 Strategy

8.4.6 SWOT Analysis

8.5 Calvert Company Inc.

8.5.1 Company Overview

8.5.2 Products/Services Offering

8.5.3 Financial Overview

8.5.4 Key Developments

8.5.5 Strategy

8.5.6 SWOT Analysis

8.6 Binderholz GmbH

8.6.1 Company Overview

8.6.2 Products/Services Offering

8.6.3 Financial Overview

8.6.4 Key Developments

8.6.5 Strategy

8.6.6 SWOT Analysis

8.7 Mayr-Melnhof Holz Holding AG

8.7.1 Company Overview

8.7.2 Products/Services Offering

8.7.3 Financial Overview

8.7.4 Key Developments

8.7.5 Strategy

8.7.6 SWOT Analysis

8.8 Schilliger Holz AG

8.8.1 Company Overview

8.8.2 Products/Services Offering

8.8.3 Financial Overview

8.8.4 Key Developments

8.8.5 Strategy

8.8.6 SWOT Analysis

8.9 Structurlam

8.9.1 Company Overview

8.9.2 Products/Services Offering

8.9.3 Financial Overview

8.9.4 Key Developments

8.9.5 Strategy

8.9.6 SWOT Analysis

8.10 Hasslacher Holding GmbH

8.8.1 Company Overview

8.8.2 Products/Services Offering

8.8.3 Financial Overview

8.8.4 Key Developments

8.8.5 Strategy

8.8.6 SWOT Analysis

List of Tables

Table 1 Global Glue Laminated Timber Market: By Region, 2020-2027

Table 2 North America Glue Laminated Timber Market: By Country, 2020-2027

Table 3 Europe Glue Laminated Timber Market: By Country, 2020-2027

Table 4 Asia-Pacific Glue Laminated Timber Market: By Country, 2020-2027

Table 5 RoW Glue Laminated Timber Market: By Country, 2020-2027

Table 6 Global Glue Laminated Timber Market by Application: By Regions, 2020-2027

Table 7 North America Glue Laminated Timber Market by Application: By Country, 2020-2027

Table 8 Europe Glue Laminated Timber Market by Application: By Country, 2020-2027

Table 9 Asia-Pacific Glue Laminated Timber Market by Application: By Country, 2020-2027

Table 10 RoW Glue Laminated Timber Market by Application: By Country, 2020-2027

Table 11 Global Glue Laminated Timber Market: By Region, 2020-2027

Table 12 Global Glue Laminated Timber Market: By Application, 2020-2027

Table 13 North America Glue Laminated Timber Market, By Country

Table 14 North America Glue Laminated Timber Market, By Application

Table 15 Europe: Glue Laminated Timber Market, By Country

Table 16 Europe: Glue Laminated Timber Market, By Application

Table 17 Asia-Pacific: Glue Laminated Timber Market, By Country

Table 18 Asia-Pacific: Glue Laminated Timber Market, By Application

Table 19 RoW: Glue Laminated Timber Market, By Region

Table 20 RoW Glue Laminated Timber Market, By Application


List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top down & Bottom up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Glue Laminated Timber Market Share, By Application, 2020 (%)

FIGURE 9 Global Glue Laminated Timber Market, By Application, 2020-2027 (USD MILLION)

FIGURE 10 Global Glue Laminated Timber Market, By Application, 2020-2027 (USD MILLION)

FIGURE 11 Global Glue Laminated Timber Market Share (%), By Region, 2020

FIGURE 12 Global Glue Laminated Timber Market, By Region, 2020-2027 (USD MILLION)

FIGURE 13 Global Glue Laminated Timber Market, By Region, 2020-2027 (USD MILLION)

FIGURE 14 North America Glue Laminated Timber Market Share (%), 2020

FIGURE 15 North America Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 16 North America Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 17 Europe Glue Laminated Timber Market Share (%), 2020

FIGURE 18 Europe Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 19 Europe Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 20 Asia-Pacific Glue Laminated Timber Market Share (%), 2020

FIGURE 21 Asia-Pacific Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia-Pacific Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)

FIGURE 23 Rest of the World Glue Laminated Timber Market Share (%), 2020

FIGURE 24 Rest of the World Glue Laminated Timber Market, By Country, 2020-2027 (USD MILLION)