The global demand for I-Joist Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of 10.20% under the study period 2023 - 2030.
I-joists are engineered wood products constructed from a combination of different types of wood, such as graded solid wood or laminated veneer wood. A composite wooden joist, wooden I-beam, or plywood is another name for an I-joist. The web and flanges are two elements of an I-beam or I-joist. The web is sandwiched between the top and bottom flanges, giving it an 'I' shape. The web serves to transmit shear pressures, while the flanges resist bending, relying on plywood's panel shear capacity and dimensional stability. The web and flanges combine to create a lightweight beam that is both strong and long-lasting. I-joists have the advantage of being less inclined to bow, crown, twist, cup, check, or split than dimensional lumber. The dimensional soundness of I-joists and their lack of shrinkage aid in the elimination of noisy flooring.
Market Dynamics
The I-joist market is predicted to grow in response to the strong growth of the construction and real estate sectors. The increased use of I-joists in wall studs and roof rafters and the growing use of I-joists for flooring and roof framing due to their lightweight yet durable features are expected to be significant variables influencing the growth of the I-joist market. Better strength and stiffness of I-joists, and improved aesthetic appearance and flexibility, are predicted to boost the demand for I-joists. Moreover, the rapid development of smart cities, various options for designing cost-effective floor joist layouts that are also simple to install, and the growing demand for renovating residential spaces worldwide are expected to provide the I-joist market with a variety of growth opportunities. Nevertheless, substitutes and high R&D investments are projected to stifle I-joist market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of i-joist. The growth and trends of i-joist industry provide a holistic approach to this study.
Market Segmentation
This section of the i-joist market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
By End Use
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the I-Joist market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global I-Joist Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the i-joist market include NORDIC STRUCTURES, Anthony Forest Products Company, LLC, Nascor Systems, TECO Building Products, Boise Cascade, Pryda, Louisiana-Pacific Corporation and Tri-State Forest Products, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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