Market Size of Glue Laminated Beams Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 3.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Glue Laminated Beams Market Analysis
The market for Glue Laminated Beams is expected to grow at a CAGR of over 3% during the forecast period. Major factor which is driving the market studied is rapidly increasing demand from residential sector. Moisture absorbing capacity of wood is expected to hinder the growth of the market studied.
- Residential sector dominated the market and is expected to grow during the forecast period owing to the increasing demand for wooden structures across the globe.
- Europe dominated the market across the globe with the largest consumption from the countries such as Germany and Italy.
