Syndicated Analytics’ latest report titled “Glue-Laminated Timber Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2022-2027” covers all the aspects including industry performance, key success and risk factors, manufacturing requirements, project costs and economics, expected returns on investment, profit margins, etc. required for setting up a glue-laminated timber manufacturing plant. The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the glue-laminated timber industry in any manner.
Glue-laminated timber, also known as glulam, represents a structurally engineered wood product made by bonding various individual pieces of timber together with resilient and moisture-resistant adhesives. The lumber used for manufacturing glulam is of a specific grade and is purchased directly from lumber mills. It is produced via the processes of gluing, inspection, drying, sawing, lining, etc.
Glue-laminated timber is a versatile material that offers high resistance and stiffness in a corrosive environment and provides thermal insulation. It is eco-friendly, durable, lightweight, etc. Glue-laminated timber assists in waste reduction by minimizing disposable costs and product damage. Consequently, it finds extensive application in industrial construction, household framing, and architecture across residential and commercial projects.
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The expanding construction industry is primarily driving the glue-laminated timber market. Additionally, the widespread product adoption as an attractive architectural material for beams, columns, headers, heavy trusses, etc., in buildings is further catalyzing the market growth. Besides this, the growing number of renovation activities for distinctive structural purposes is acting as another significant growth-inducing factor.
Moreover, the launch of several favorable policies by government bodies across countries to promote the use of glue-laminated timber, on account of the increasing consumer sustainability concerns, is also positively influencing the global market.
Apart from this, the escalating demand for wood-based buildings, such as single-family homes and multi-family apartments, is propelling the product utilization, owing to its aesthetic appeal and design flexibility, which is anticipated to fuel the glue-laminated timber market over the forecasted period.
The project report glue-laminated timber the following aspects:
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts, are being done after considering the impact of this pandemic.
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About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and the evolving trends of the industry.
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