Global Engineered Wood Products Market by Type (LVL, Structural wood I-beams, Glued laminated timber (glulam), Others), By Application (Schools, Public Buildings, Large Warehouse Complexes, Hotels) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Engineered Wood Products Market size is projected to grow at a CAGR of 3.6% during the forecast period from 2021-2028. The rising demand for sustainable construction materials owing to the threats of climate change and environmental degradation, coupled with the increasing adoption rate of engineered wood products in various end-use industries such as schools, public buildings, large warehouse complexes, hotels, etc., will drive this market over the next decade.
Engineered Wood Products are used in various construction applications such as outdoor decks, structural members (e.g., I-beams, LVL), and wall panels. They are also widely adopted for interior purposes like furniture components or home furnishings. Engineered wood is the result of combining two different types of raw materials into a composite material that has better strength properties than either component alone. Wood-plastic composites provide high stiffness to engineered wood while adding some degree of elasticity from polymers; they can be used as an alternative to steel where cost considerations dictate their use, notably in long spans with limited tensile loads and service conditions restricting corrosion exposure.
On the basis of Type, the market is segmented into LVL, Structural Wood I-beams, Glued Laminated Timber (Glulam), Others.
LVL Engineered Wood Product:
LVL is an acronym for Laminated Veneer Lumber. LVL provides the same structural strength as a solid wood beam or column in a quarter of the weight because it's cross-laminated from three layers of veneers. The product is processed to be dimensionally stable and resistant to shrinkage on exposure to moisture due to its lamination process, which helps minimize warping with changes in atmospheric humidity generally found outdoors where there are drastic changes between seasons.
Structural Wood I-beams:
Structural Wood I-beams are made from solid wood and the main difference is that they lack a central core. Structural Wood beams can be used for structural purposes as columns, but also in floors or roofs because of their greater strength than LVL.
Glued Laminated Timber (Glulam):
Glued Laminated Timber (glulam) products are made from planks of wood and they're glued together to form a product. Glue is applied between the layers of lumber which causes them to become bonded as one piece with increased strength over solid boards alone. Gluing also prevents creep in the material, meaning that it remains dimensionally stable even under heavy loads or changes in atmospheric humidity levels within its service range.
On the basis of Application, the market is segmented into Schools, Public Buildings, Large Warehouse Complexes, Hotels. Schools have the highest market share in this industry owing to rapid urbanization coupled with insufficient resources like water supply that needs huge investment on infrastructural projects including construction sector investments leading to increased demand for new constructions.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to dominate in the global market with a major share because it brings many opportunities for Engineered Wood Products industries and high demand from various applications such as schools or public buildings.
The Asia Pacific is anticipated to grow at the fastest rate during the forecast period due to the increasing population base and industrialization across India and China. Growing need from infrastructure development will also increase growth prospects in this region which are primarily driven by rapid urbanization coupled with insufficient resources like water supply that needs huge investment on infrastructural projects including construction sector investments. The Middle East & African countries have large scope for improvement where economies lack sufficient funds needed for new constructions. Globally, the major driver for growth in this industry is increasing demand from residential and commercial construction sectors.
Up Market Research published a new report titled “Engineered Wood Products Market research report which is segmented by Types (LVL, Structural wood I-beams, Glued laminated timber (glulam), Others), By Applications (Schools, Public Buildings, Large Warehouse Complexes, Hotels), By Players/Companies Arauco, Boise Cascade, Lowes, Roseburg, Weyerhauser”.
Report Scope
Report Attributes | Report Details |
Report Title | Engineered Wood Products Market Research Report |
By Type | LVL, Structural wood I-beams, Glued laminated timber (glulam), Others |
By Application | Schools, Public Buildings, Large Warehouse Complexes, Hotels |
By Companies | Arauco, Boise Cascade, Lowes, Roseburg, Weyerhauser |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 244 |
Number of Tables & Figures | 171 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Engineered Wood Products Market Report Segments:
The market is segmented by Type LVL, Structural wood I-beams, Glued laminated timber (glulam), Others and By Application Schools, Public Buildings, Large Warehouse Complexes, Hotels.
Some of the companies that are profiled in this report are:
- Arauco
- Boise Cascade
- Lowes
- Roseburg
- Weyerhauser
Engineered Wood Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Engineered Wood Products Market
Overview of the regional outlook of the Engineered Wood Products Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Engineered Wood Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Engineered Wood Products Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. LVL
2. Structural wood I-beams
3. Glued laminated timber (glulam)
4. Others
7. By Application:1. Schools
2. Public Buildings
3. Large Warehouse Complexes
4. Hotels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engineered Wood Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Engineered Wood Products Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engineered Wood Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Engineered Wood Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engineered Wood Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Engineered Wood Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Engineered Wood Products Market Size & Forecast, 2018-2028
4.5.1 Engineered Wood Products Market Size and Y-o-Y Growth
4.5.2 Engineered Wood Products Market Absolute $ Opportunity
Chapter 5 Global Engineered Wood Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Engineered Wood Products Market Size Forecast by Type
5.2.1 LVL
5.2.2 Structural wood I-beams
5.2.3 Glued laminated timber (glulam)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Engineered Wood Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Engineered Wood Products Market Size Forecast by Applications
6.2.1 Schools
6.2.2 Public Buildings
6.2.3 Large Warehouse Complexes
6.2.4 Hotels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engineered Wood Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Engineered Wood Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Engineered Wood Products Analysis and Forecast
9.1 Introduction
9.2 North America Engineered Wood Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Engineered Wood Products Market Size Forecast by Type
9.6.1 LVL
9.6.2 Structural wood I-beams
9.6.3 Glued laminated timber (glulam)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Engineered Wood Products Market Size Forecast by Applications
9.10.1 Schools
9.10.2 Public Buildings
9.10.3 Large Warehouse Complexes
9.10.4 Hotels
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Engineered Wood Products Analysis and Forecast
10.1 Introduction
10.2 Europe Engineered Wood Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Engineered Wood Products Market Size Forecast by Type
10.6.1 LVL
10.6.2 Structural wood I-beams
10.6.3 Glued laminated timber (glulam)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Engineered Wood Products Market Size Forecast by Applications
10.10.1 Schools
10.10.2 Public Buildings
10.10.3 Large Warehouse Complexes
10.10.4 Hotels
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Engineered Wood Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Engineered Wood Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Engineered Wood Products Market Size Forecast by Type
11.6.1 LVL
11.6.2 Structural wood I-beams
11.6.3 Glued laminated timber (glulam)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Engineered Wood Products Market Size Forecast by Applications
11.10.1 Schools
11.10.2 Public Buildings
11.10.3 Large Warehouse Complexes
11.10.4 Hotels
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Engineered Wood Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Engineered Wood Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Engineered Wood Products Market Size Forecast by Type
12.6.1 LVL
12.6.2 Structural wood I-beams
12.6.3 Glued laminated timber (glulam)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Engineered Wood Products Market Size Forecast by Applications
12.10.1 Schools
12.10.2 Public Buildings
12.10.3 Large Warehouse Complexes
12.10.4 Hotels
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Engineered Wood Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Engineered Wood Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Engineered Wood Products Market Size Forecast by Type
13.6.1 LVL
13.6.2 Structural wood I-beams
13.6.3 Glued laminated timber (glulam)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Engineered Wood Products Market Size Forecast by Applications
13.10.1 Schools
13.10.2 Public Buildings
13.10.3 Large Warehouse Complexes
13.10.4 Hotels
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Engineered Wood Products Market: Competitive Dashboard
14.2 Global Engineered Wood Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arauco
14.3.2 Boise Cascade
14.3.3 Lowes
14.3.4 Roseburg
14.3.5 Weyerhauser