Glue laminated timber market to reach $8.8 billion by 2027

Woodworking Network: The transition from concrete and steel construction to wood building materials is expected to stimulate market demand. Important attributes such as high insulation, promising thermal performance, and high chemical resistance should positively influence the market. Besides, the advantages such as low cost and ease of construction offered by glue laminated timber compared to other construction materials have made it affordable for all customer segments.