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Glue Laminated Timber Market Share

Report ID: GMI6340
Published Date: Jul 2023
Report Format: PDF

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

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.

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.

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.

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).