Wood Truss Market: Global Industry Analysis and Forecast (2020-2027) by Shape, Type, Application, and Region

Wood Truss Market is expected to reach US$ 1251.25 Mn. by 2027, at a CAGR of 5.2% during the forecast period. The global Wood Truss market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Wood Truss market report also provides trends by market segments, Shape, and investment with a competitive landscape. Global Wood Truss Market To know about the Research Methodology :- Request Free Sample Report

Global Wood Truss Market Overview:

A wood truss is a structural framework of wood used to support roofs or heavy structures in a building. The wood truss is a series of fabricated triangles linked by ridge beam and purlins. Wood truss designs in a way that can hold weight in a high ratio at height. Wood truss is used in residential and non-residential, constructions and institutes. Wood truss is used in hybrid constructions as wood truss provides flexibility and high strength capacity to the construction. Wood truss is used in combination with steel, concrete, and stonework walls. Wood truss is eco-friendly in nature and involves less machinery for application in construction. Wood truss construction is widely used in North America and Europe.

Global Wood Truss Market Dynamics:

The rising demand for sustainable buildings is surging due to the modernization and expansion of the construction industry. Increasing research and development and new technological innovations into sustainable building construction are driving the growth of the market is propelling the demand for the wood truss market. Wood truss is also used in agriculture and commercial building delivers spans exceeding. Wood is the only renewable resource used for construction. The use of wood truss eliminates the exhaustion of finite natural resource and minimize the energy, air, and water pollution and shows excellent thermal properties as compared to steel and other metals. This factor further drives the wood truss market. As wood truss is employed into a construction site the government of UK has implemented rules and regulations for the construction sites such as the construction of the building must have energy performance certificate or display energy certificate by the government authorities. The energy performance certificate shows the amount of heat and energy consumed by the building in construction. And this is mandatory to maintain as per the rules. Hence wood truss is less energy and heats consuming and so wood trust is gaining more popularity and this factor enables the wood truss market to expand and create opportunity for the developing business to enter the market. The European Union is has made an ultimatum for the members of the state to build a plan that consumes less energy and low or zero carbon building to reduce the environmental pollution and use of the resource. The demand for sustainable building is rising the economy of the country as well due to less energy consumption by the transportation facility as wood truss weighs less than steel and consumes less fuel. Wood truss is cost-efficient since wood is a relatively abundant material as compared to that steel or any other material used in the construction site. And the manufacturing of wood truss is as fast and efficient as there is less involvement of steel, metal, and machinery. Hence, this factor reduces the overall cost of production and has less expenditure on the end product.

Global Wood Truss Market Segment Analysis:

By Shape, the segment is segmented into Fink, Mono, Scissors, Room-in-attic, Pitched or Triangular, Parallel or Flat. Triangular wood truss is widely used in construction and is most preferred as compared to any other shape. As the triangular wood truss withstands in inclination and holds vertical as well as horizontal loads and integrates them firmly to that of any other shapes of wood truss. By Type, the segment is bifurcated into the roof and floor. Roof wood truss is dominating the type segment as wood truss is excessively used into roofs than floors. Wood truss eliminates on-site construction and framing issues. The accurate fabrication of wood truss ensures greater strength and constant quality control to deliver uniformity and integrity to the building construction and less maintenance cost with flexibility in roofs. The flooring segment is second dominating as it provides fire resistance in buildings. By Application, the segment is bifurcated into residential and commercial. The residential segment is dominating the wood truss market and is widely favored in European countries and North American Countries. Approximately 60% of roofs are built by a wood truss in houses. In Canada, 95% of newly constructed houses are made up of wood truss due to the heat resistance property of wood truss.

Global Wood Truss Market Regional Insights:

North America is dominating the wood truss market as the majority of homes and constructions are made of wood truss. More than 62% of the total residential area is made of wood truss. The major countries of North America are Canada, Mexico, US. and Canada are dominating new houses with prefabricated wood truss modules. As wood truss provides the flexibility to the roof and to invent new design to offer attractive appearance wood truss is widely preferred in restaurants, corporate buildings. The objective of the report is to present a comprehensive analysis of the global Wood Truss market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Wood Truss market dynamics, structure by analyzing the market segments and project the global Wood Truss market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Wood Truss market make the report investor’s guide.

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Global Wood Truss Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 877.47 Bn.
Forecast Period 2021 to 2027 CAGR: 5.2% Market Size in 2027: US $ 1251.25 Bn.
Segments Covered: by Shape • Fink • Mono • Scissors • Room-in-attic • Pitched or Triangular • Parallel or Flat
by Type • Roof • Floor
by Application • Residential • Commercial

Global Wood Truss Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Wood Truss Market Key Players

• Trussway Manufacturing, Redbuilt • Panel Truss Texas • Lumber Specialties - US Lbm • Ufp Mid-Atlantic • Woodbridge Corporation • Structural Component Systems • J C Snavely & Sons • R & K Building Supplies • Hanson Truss • Ken Luneack Construction • Truss-Tech Industries • Okaw Truss • A-1 Roof Trusses Ltd. • R & R Components Frequently Asked Questions: 1. Which region has the largest share in Global Wood TrussMarket? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Wood Truss Market? Ans: The Global Wood Truss Market is growing at a CAGR of 5.2% during forecasting period 2022-2027. 3. What segments are covered in Global Wood Truss market? Ans: Global Wood Truss Market is segmented into Product, Application, Distribution Channel and Region. 4. Who are the key players in Global Wood Truss market? Ans: The important key players in the Global Wood Truss Market are Trussway Manufacturing, Redbuilt, Panel Truss Texas, Lumber Specialties - US Lbm, Ufp Mid-Atlantic, Woodbridge Corporation, Structural Component Systems, J C Snavely & Sons, R & K Building Supplies, Hanson Truss, Ken Luneack Construction, Truss-Tech Industries, Okaw Truss, A-1 Roof Trusses Ltd., R & R Components 5. What is the study period of this market? Ans: The Global Wood Truss Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Types 2.3.2. Primary Research 2.3.2.1. Data from Primary Types 2.3.2.2. Breakdown of Primary Types 3. Executive Summary: Global Wood Truss Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Wood Truss Market 3.4. Geographical Snapshot of the Wood Truss Market, By Manufacturer share 4. Global Wood Truss Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Wood Truss Market 5. Supply Side and Demand Side Indicators 6. Global Wood Truss Market Analysis and Forecast, 2020-2027 6.1. Global Wood Truss Market Size & Y-o-Y Growth Analysis. 7. Global Wood Truss Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Shape, 2020-2027 7.1.1. Fink 7.1.2. Mono 7.1.3. Scissors 7.1.4. Room-in-attic 7.1.5. Pitched or Triangular 7.1.6. Parallel or Flat 7.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.2.1. Roof 7.2.2. Floor 7.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.3.1. Residential 7.3.2. Commercial 8. Global Wood Truss Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Wood Truss Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Shape, 2020-2027 9.1.1. Fink 9.1.2. Mono 9.1.3. Scissors 9.1.4. Room-in-attic 9.1.5. Pitched or Triangular 9.1.6. Parallel or Flat 9.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.2.1. Roof 9.2.2. Floor 9.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.3.1. Residential 9.3.2. Commercial 10. North America Wood Truss Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Wood Truss Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Wood Truss Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Wood Truss Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Wood Truss Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Wood Truss Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Wood Truss Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Wood Truss Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Wood Truss Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Wood Truss Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Wood Truss Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Wood Truss Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Wood Truss Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Wood Truss Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Wood Truss Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Wood Truss Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Wood Truss Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Wood Truss Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Wood Truss Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Wood Truss Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Wood Truss Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Wood Truss Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Wood Truss Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Wood Truss Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Wood Truss Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Wood Truss Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Wood Truss Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Wood Truss e Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Wood Truss Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Wood Truss Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America Wood Truss Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Wood Truss Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Wood Truss Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Wood Truss Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Wood Truss Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Shape’s, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Type, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Wood Truss Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Trussway Manufacturing, Redbuilt 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Panel Truss Texas 45.3.3. Lumber Specialties - US Lbm 45.3.4. Ufp Mid-Atlantic 45.3.5. Woodbridge Corporation 45.3.6. Structural Component Systems 45.3.7. J C Snavely & Sons 45.3.8. R & K Building Supplies 45.3.9. Hanson Truss 45.3.10. Ken Luneack Construction 45.3.11. Truss-Tech Industries 45.3.12. Okaw Truss 45.3.13. A-1 Roof Trusses Ltd. 45.3.14. R & R Components 46. Primary Key Insights

About This Report

Report ID 100679
Category Material & Chemical
Published Date May 2021
Updated Date Feb 2022
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