Laminated veneer lumber (LVL), also known as engineered lumber, stands for a layered composite of thin wooden panels fabricated together by adhesives. Cross-banded laminated veneer lumber and laminated strand lumber are the two distinctive types of LVL. Laminated veneer lumber is cost-effective, sustainable, strong, lightweight, uniform and has high structural reliability as compared to milled lumber. Owing to this, it is utilized for various structural purposes in wooden houses, industrial warehouses, public buildings and large prefabricated buildings.
North America represents one of the largest markets for laminated veneer lumber pertaining to the escalating demand from new residential housing projects in the region. Apart from this, increasing renovation activities together with the blooming furniture manufacturing sector have fueled the demand of LVL. Rising environmental concerns and government legislation towards the illegal trade of timber will continue to spur the market in the forthcoming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the North America laminated veneer lumber market report, along with forecasts at the regional and country levels from 2023-2028. The report has categorized the market based on application and sector.Key Regions Analysed
- United States
- Canada
- Analysis for Each Country
Market by Application
- Residential
- Commercial
Market by Sector
- New Construction
- Replacement
Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America laminated veneer lumber market performed so far and how will it perform in the coming years?
- What are the key regions in the North America laminated veneer lumber market?
- What has been the impact of COVID-19 on the North America laminated veneer lumber market?
- What is the breakup of the North America laminated veneer lumber market on the basis of application?
- What is the breakup of the North America laminated veneer lumber market on the basis of sector?
- What are the various stages in the value chain of the North America laminated veneer lumber industry?
- What are the key driving factors and challenges in the North America laminated veneer lumber industry?
- What is the structure of the North America laminated veneer lumber industry and who are the key players?
- What is the degree of competition in the North America laminated veneer lumber industry?
- What are the profit margins in the North America laminated veneer lumber industry?
Table of Contents
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 125 |
Published | September 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value in 2022 | 2.2 Million Cubic Meters |
Forecasted Market Value by 2028 | 2.4 Million Cubic Meters |
Compound Annual Growth Rate | 1.5% |
Regions Covered | North America |