Glued Laminated Timber Market Overview
Product Overview and Scope of Glued Laminated Timber
Glued laminated timber is commonly known as glulam. It is a type of structurally engineered wood product commonly used for beams and columns in residential and commercial applications. It typically consists of several parallel layers of small pieces of lumber stacked and it is glued together under a certain pressure to make a large timber structure. It is also widely used for structural components such as arches of mid to high-rise buildings and affixed side-by-side to form panels. Along with this, it serves as the primary material for major load-bearing structures such as bridges, canopies, and pavilions. Glued laminated timber offers several benefits including durability, cost-effectiveness, and high versatility. These are also resource-efficient since they replace huge, old-growth timber with relatively small pieces of timber to produce a wooden part. Another benefit of glulam is product availability and variety in size and shape.
In addition to this, one of the design advantages of Glulam is the ease of bending into the desired curve shape and into long lengths. Commercially available glue-laminated wood comes in lengths of 30 meters and cross sections ranging from 45 mm x 45 mm to 250 mm x 1800 mm. Nowadays, consumer preference is increasing for wood-based construction owing to its extensive benefits and advantages. Glulam is considered a sustainable building material because it is made from renewable resources wood. Sustainable building materials are becoming more important as worries about climate change and environmental effects increase. Traditional building materials with higher carbon footprints like steel and concrete can be replaced with glulam. The factors contributing to the rising demand for Glulam include its sustainability, strength, design versatility, fire resistance, cost-effectiveness, and expanding acceptance of the material within the building sector.
Glued Laminated Timber Market – Global Industry Analysis
Market Drivers
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Rise in the number of residential and commercial construction projects
The rise in the number of residential and commercial projects is a major driving factor contributing to the growth of the glued laminated timber (Glulam) market. Builders refer collectively to all types of laminated beams or other laminated structural wood materials such as glued laminated timber. Glulams are versatile construction materials used widely in commercial and residential projects. Glulam is gaining huge attention for being used in applications such as vaulted ceilings and designs with large open premises. Four appearance grades such as framing, industrial, architectural, and premium glulam are used when professionals looking into a combination of structural and aesthetic attributes. This includes a range of architectural applications, including education facilities, churches, offices, and homes. For example, China, the US, and India drive construction industry growth.
Glued laminated wood is a highly innovative building material. It is stronger than steel and has greater strength and rigidity than wood. Increased design value, improved product performance, and cost competitiveness make laminated timber the perfect choice for projects ranging from simple beams and headers in residential construction to high arches in dome roofs.
Glulam components are manufactured off-site in controlled factory conditions, ensuring high precision and quality. This prefabrication process allows for faster and more efficient construction on-site, reducing project timelines and costs. The dimensional stability of glued laminated timber also minimizes shrinkage and warping issues, leading to better construction accuracy. Additionally, its natural wood appearance and warm aesthetic appeal contribute to its popularity in architectural design. Glued laminated timber is increasingly used as a safe load-bearing material in residential and commercial construction.
Manufacturers develop project-specific product solutions to meet the complex requirements of modern timber construction architecture. For example, the construction projects developed in the U.S. in 2021 are valued at nearly USD 1.6 trillion. In 2021, 1,337,800 housing units were built, which constitutes an increase of 4% compared to 2020. All these factors contribute to the growth of the glued laminated timber (Glulam) market.
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The rising trend toward using sustainable building material
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Rising demand for timber
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|
2018 |
2019 |
2020 |
2021 |
2022 |
2025 |
2030 |
CAGR |
|
North America |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Europe |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Latin America |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
XX |
|
Total |
XX |
XX |
XX |
XX |
6.49 |
XX |
XX |
5.30% |
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Global Glued Laminated Timber Revenue Market Share (%) by Type in 2022
Modified Melamine resin Type
Phenol Resorcinol resin Type
Polyurethane Type
Global Glued Laminated Timber Revenue by Segment
Global Glued Laminated Timber Market by application
Residential
Commercial
Others
| Global Glued Laminated Timber Revenue Market Share (%) by application in 2022 |
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|
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Source: Cognitive Market Research |
In 2022, the residential segment has gained the largest market share. This is attributed to glued laminated timber (GLT) providing excellent structural properties, such as high strength, stiffness, and dimensional stability. Due to these qualities, it is a good choice for residential buildings, where it may be applied to roof structures, beams, and columns. GLT offers reliable load-bearing capacity and allows for larger open spaces without the need for intermediate support columns. Furthermore, glued laminated timber offers excellent thermal insulation qualities, which contribute to energy efficiency in residential buildings. It helps to maintain a comfortable indoor climate and reduces the demand for excessive heating or cooling. The insulating qualities of glulam can save homeowners' energy expenses and boost a building's overall performance. Thus, the demand for the residential segment is increasing in the global laminated timber market.
Global Glued Laminated Timber Market Competition by Manufacturers
Stora Enso Oyj
KLH Massivholz GmbH,
Binderholz GmbH
Mayr-Melnhof Holz Group,
Hasslacher Norica Timber,
Pfeifer Holz GmbH.,
Setra Group AB,
B & K Structures limited
Eugen Decker Holzindustrie KG,
