The glue-laminated timber market is poised to grow by USD 1.12 billion during 2021-2025, progressing at a CAGR of 5.24% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know the exact growth variance and the Y-O-Y growth rate.
The growth in the real estate and construction industry, growing demand for sustainable building materials, and increasing demand for durable wood flooring will offer immense growth opportunities. However, volatility in the raw material prices, rising environmental concerns, and availability of numerous substitute products will challenge the growth of the market participants.
Glue Laminated Timber Market 2021-2025: Segmentation
Glue Laminated Timber Market is segmented as below:
Glue Laminated Timber Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our glue laminated timber market report covers the following areas:
Glue Laminated Timber Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Binderholz GmbH, Boise Cascade Co., Calvert Co. Inc., Canfor Corp., HASSLACHER Holding GmbH, Mayr-Melnhof Holz Holding AG, Pfeifer Holding GmbH, Setra Group AB, Stora Enso Oyj, and Structurlam Mass Timber Corp. are some of the major market participants. Backed with competitive intelligence and benchmarking, our research reports on the Glue Laminated Timber Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Glue Laminated Timber Market 2021-2025: Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Application
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