DUBLIN--(BUSINESS WIRE)--The "Global Glue Laminated Timber Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global glue laminated timber market to grow at a CAGR of 5.31% during the period 2018-2022.
Global Glue Laminated Timber Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. This industry research report provides a detailed analysis of the market by application (residential, commercial, and others).
According to the report, one of the major drivers for this market is the growth of real estate and construction industry in developing countries due to urbanization and significant investments in infrastructure. The high demand for glulam timber by residential and commercial segments for framing, decking, flooring and roofing purposes will fuel the growth of the market during the next five years.
The growing focus on forestry management by wood suppliers and vendors will be a key trend driving the growth off the market during the forecast period. Wood suppliers, particularly in developing countries are aligning their business activities to create sustainable business models by improving forest health and developing infrastructure among local communities. This sustainable plantation management will increase the supply of raw materials, leading to the growth of the glue laminated timber industry.
Further, the report states that one of the major factors hindering the growth of this market is the volatility in raw material prices. The prices of key raw materials such as hardwood, softwood and adhesives are highly volatile and affect the profit margins of glulam manufacturers. Moreover, high tax and excise duties of lumber products are also expected to impede the growth of the glue laminated timber market.
Market trends
- Focus on forestry management
- Increasing adoption of wooden furniture
- Steady shift in wood supply from natural to plantation forests
Key vendors
- Boise Cascade
- Calvert Company
- Canfor
- Pfeifer Group
- Setra Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/dcz96n/global_glue?w=4
