Download free PDF

Glue Laminated Timber Market Size & Share 2023 to 2032

Market Size by Product Type (Straight Beams, Curved Beams, Arch Beams, Columns, Trusses), by Glue Type (Phenol Formaldehyde, Melamine Urea Formaldehyde, Polyurethane, Epoxy), by Lamination Configuration, by Application & Forecast.

Report ID: GMI6340
   |
Published Date: July 2023
 | 
Report Format: PDF

Download Free PDF

Glue Laminated Timber Market Size

Glue Laminated Timber Market size was valued at around USD 3.8 billion in 2022 and is anticipated to grow at a CAGR of 4.1% between 2023 and 2032. Increasing awareness of environmental issues and a growing emphasis on sustainable construction practices have driven the demand for eco-friendly building materials like glue laminated timber. Glulam is considered a sustainable alternative to traditional building materials like steel and concrete. Glulam offers excellent strength-to-weight ratio and structural performance, making it suitable for a wide range of applications in construction, including beams, columns, trusses, and arches.

Glue Laminated Timber Market Key Takeaways

Market Size & Growth

  • 2022 Market Size: USD 3.8 Billion
  • 2032 Forecast Market Size: USD 5.7 Billion
  • CAGR (2023–2032): 4.1%

Key Market Drivers

  • Rapid growth of the construction industry.
  • Rapid urbanisation.
  • Growing sustainable practices.

Challenges

  • Competition from Alternative Materials.
  • Limited Awareness and Perception.
  • Cost Competitiveness.

Glulam provides unique architectural aesthetics, allowing for the creation of striking and visually appealing structures. Its ability to be curved and shaped into various forms makes it attractive to architects and designers.
 

Glulam competes with other building materials, such as steel, concrete, and engineered wood products. The market's success depends on effectively showcasing its advantages over these alternatives. Some segments of the construction industry may have limited awareness of the benefits and applications of glulam. While glulam can be cost-effective in many cases, it might face challenges in competing with conventional materials like steel and concrete, which have well-established supply chains and manufacturing processes. Thus, the high-end pricing and risks associated with Glue laminated timber may drive down the acceptance rate, further hampering the business growth.
 

COVID-19 Impact

The construction industry, a major end-user of glulam, faced slowdowns and project delays due to the pandemic. Construction sites were temporarily closed or operating with reduced capacity in some regions, impacting the demand for glulam products. The pandemic prompted changes in consumer behavior and preferences, impacting the types of projects and applications that required glulam. For example, demand for certain commercial and office building projects declined, while demand for residential construction may have increased. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the Glue laminated timber industry expansion in the upcoming years.
 

Glue Laminated Timber Market

Glue Laminated Timber Market Trends

Timber construction gained popularity as a sustainable and aesthetically appealing option. Glulam's versatility and strength made it a preferred choice for various timber construction projects, including residential, commercial, and institutional buildings. Engineered timber systems, which combine glulam with other engineered wood products like cross-laminated timber (CLT), gained traction. These systems offered efficient and sustainable solutions for large-scale construction projects. Glulam's ability to be curved and shaped into unique forms allowed architects to create visually striking and innovative structures.  
 

Glue Laminated Timber Market Analysis

Glue Laminated Timber Market Size, By Product Type

Based on product, the glue laminated timber market is segmented as straight beams, curved beams, arch beams, columns, trusses, others. Straight beams held a majority market value of USD 0.9 billion in 2022. Straight glulam beams are widely used in structural applications, such as roof beams, floor beams, and columns in commercial and residential buildings. Moreover, an increasing usage will further accelerate the segmental growth.
 

 Glue Laminated Timber Market Revenue Share, By Glue type,

Based on glue type, the glue laminated timber market is segmented as Phenol Formaldehyde (PF), Melamine Urea Formaldehyde (MUF), Polyurethane (PUR), Epoxy, Others. Phenol Formaldehyde held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace till 2032. PF glue offers excellent bonding strength, making it suitable for heavy-duty construction applications that require high load-bearing capacity.
 

Based on lamination configuration, the glue laminated timber market is segmented as Horizontal Lamination, Vertical Lamination, Diagonal Lamination. Horizontal lamination held a dominant market share in 2022 and is anticipated to grow at 3.5% CAGR through 2032. Horizontal laminations provide a simple and effective configuration that ensures structural integrity and strength in glulam beams. Thus, the high-quality services and growing usage of Glue laminated timber are anticipated to expedite the business statistics.
 

Based on application, the market is segmented as residential construction, commercial construction, industrial construction, bridges and infrastructure, others. Residential Construction held a dominant market share in 2022 and is anticipated to grow up to 2032. Glulam is a sustainable building material that appeals to environmentally conscious homeowners and builders.
 

U.S. Glue Laminated Timber Market Size

U.S. dominated the North American region with majority glue laminated timber market share and a revenue of USD 0.8 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The increasing focus on sustainable and eco-friendly construction practices in North America drove the demand for glulam. As a renewable and environmentally friendly material, glulam gained popularity as a sustainable alternative to conventional building materials like steel and concrete. Thus, the above-mentioned variables would augment the Glue laminated timber business growth in the North America positively.
 

Glue Laminated Timber Market Share

Some of the major market players operating in the Glue laminated timber market are

  • Binderholz GmbH (Austria)
  • Mayr-Melnhof Holz Holding AG (Austria)
  • Stora Enso Oyj (Finland)
  • Structurlam Mass Timber Corporation (Canada)
  • Boise Cascade Company (United States)
  • D.R. Johnson Wood Innovations (United States)
  • Meiken Lamwood Corp. (Japan)
  • KLH Massivholz GmbH (Austria)
  • Pfeifer Group (Austria)
  • Setra Group AB (Sweden)
  • Holzindustrie Schweighofer (Austria)
  • Bergs Timber AB (Sweden)
  • Hasslacher Norica Timber (Austria)
  • W. u. J. Derix GmbH & Co. KG (Germany)
  • Rubner Holzbau GmbH (Italy)

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Glue Laminated Timber Industry News:

  • In May 2023, Boise Cascade Boise Cascade’s Building Materials Distribution (BMD) business division announced the expansion of its distribution capacity in two markets in Walterboro, SC, and Hondo, Texas.
     
  • In December, 2022, Binderholz announced the collaboration between SWIETELSKY, third largest construction company in Austria.Through this collaboration both the companies are focused on improving their performance, especially in standardized and large-volume residential construction.
     

Glue laminated timber market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:

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

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt 

 

Authors:  Avinash Singh, Sunita Singh

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

Trust & credibility

10+
Years in Service
Consistent delivery since establishment
A+
BBB Accreditation
Professional standards & satisfaction
ISO
Certified Quality
ISO 9001-2015 Certified Company
150+
Research Analysts
Across 10+ industry verticals
95%
Client Retention
5-year relationship value

Verified data sources

  • Trade publications

    Security & defense sector journals and trade press

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 30+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Frequently Asked Question(FAQ) :
What are the 2032 estimates for glue laminated timber market?
Market size for glue laminated timber value was around USD 3.8 billion in 2022 and will reach USD 5.7 billion by the end of 2032.
Why is phenol formaldehyde gaining traction in the glue laminated timber industry?
The phenol formaldehyde glue type segment held around 40% market share in 2022 and is expected to grow at a lucrative pace by 2032 as it offers excellent bonding strength, making it suitable for heavy-duty construction applications that require high load-bearing capacity.
How big is the U.S. glue laminated timber market?
U.S. market for glue laminated timber revenue was USD 0.8 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 due to the increasing focus on sustainable and eco-friendly construction practices.
Who are the eminent players in the global glue laminated timber industry?
Binderholz GmbH (Austria), Mayr-Melnhof Holz Holding AG (Austria), Stora Enso Oyj (Finland), Structurlam Mass Timber Corporation (Canada), Boise Cascade Company (United States), D.R. Johnson Wood Innovations (United States), and Meiken Lamwood Corp. (Japan).
Glue Laminated Timber Market Scope
  • Glue Laminated Timber Market Size

  • Glue Laminated Timber Market Trends

  • Glue Laminated Timber Market Analysis

  • Glue Laminated Timber Market Share

Authors:  Avinash Singh, Sunita Singh
Explore Our Licensing Options:

Starting at: $2,450

Premium Report Details:

Base Year: 2022

Companies Profiled: 15

Tables & Figures: 249

Countries Covered: 20

Pages: 160

Download Free PDF

We use cookies to enhance user experience. (Privacy Policy)