I-Joist Market1

I-joist is a type of engineered wood product that is made from a combination of timber products such as graded solid timber or laminated veneer timber.

INDIANA, INDIANA, UNITED STATES, September 14, 2022 /EINPresswire.com/ -- The I-joist market size is expected to grow at a compound annual growth rate of 10.2% for the forecast period of 2021 to 2028.  Data Bridge Market Research Report on the I-Joist market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

A world-class I-joist report has resulted in the output of highly enthusiastic and motivated expertise in various areas such as research, assessment, analysis, consulting, and development. The study of this market research report explains a market attractiveness analysis, wherein each segment is targeted based on its market size, growth rate, and general attractiveness. Furthermore, it endows with historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry. The global I-joist market document highlights the most important market insights that take the business to the highest level of growth and success.

All statistical and numerical data included in the report is characterized with the help of graphs and charts which makes it easy to understand the facts and figures. This I-joist market research report contains fundamental, secondary, and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment, and forecasts from 2022 - 2028. In addition, this market report provides plentiful insights and business solutions with which businesses can stand apart from the other market players. The I-joist market report describes the categorization by companies, region, type, and end-use industry.

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Market Analysis and Insights: Global I-Joist Market

I-joist is a type of engineered wood product that is made from a combination of timber products such as graded solid timber or laminated veneer timber. I-joist is also known as a composite wooden joist, wooden I-beam, and plywood I-beam, I-joist has two parts, specifically the web and flanges. The web is placed among the top and bottom flanges which gives it the distinctive ‘I’ shape.

The high growth of the construction and real estate sectors is expected to influence the growth of the I-joist market. In line with this, the rise in the usage of wall studs and roof rafters and the increase in the use for installing flooring and roof framing, owing to its lightweight yet resilient properties are also anticipated to act as key determinants favoring the growth of the I-joist market over the forecast period of 2021 to 2028. Also the, better strength and stiffness of I-joist with an enhanced aesthetic appearance and flexibility are also expected to positively impact the growth of the I-Joist market. The major factor accountable for the growth of the market is that it is cheaper, stronger, and easily available when compared to plywood.

Key Market Competitors Covered in the Report
NORDIC STRUCTURES
Anthony Forest Products Company, LLC
Nascor Systems
TECO Building Products
Boise Cascade
Pryda
Louisiana-Pacific Corporation
Tri-State Forest Products, Inc.

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However, the presence of substitutes and high investments required in R&D are likely to act as key restraints toward the I-joist market growth rate in the forecast period of 2021 to 2028, whereas the design complexity can challenge the growth of the I-joist market in the above-mentioned forecast period.

Furthermore, the rapid development of smart cities, various options for designing economical floor joist layouts and being easy to install, and the increase in the need for renovating residential spaces around the globe are expected to offer a variety of growth opportunities for the I-joist market in the above-mentioned forecast period.

Global I-Joist Market Scope and Market Size

The I-Joist market is segmented on the basis of type, application, and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of type, the I-joist market is segmented into metal, plastic, and others.
Based on application, the I-joist market is segmented into architecture, floors, roofs, bridges, and others.
The end-user segment for the I-joist market is segmented into residential and commercial. The residential sector leads the market, accounting for the majority of the total I-joist market share.

This I-joist market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.

I-Joist Market Scope  

The I-joist market is analyzed and market size and volume information are provided by country, type, application, and end-use as referenced above.

The countries covered in the market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America leads and is also expected to witness significant growth in the I-joist market over the forecast period because of the rapid development of smart cities and the rise in the need for renovating residential spaces on the globe.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, and downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

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Major Points Covered in Table of Contents:

An Overview of the I-Joist Market Industry

Manufacturers’ Market Share Production Market Share by Regions

Consumption in Different Regions

Trends in Production, Revenue, and Price by Type

Analysis of the I-Joist Market by Applications

Global I-Joist Market Industry Company Profiles and Key Figures I-Joist Market Manufacturing Cost Analysis

Customers, Distributors, and Marketing Channel

Market Trends

Research Findings and Conclusions on the Global I-Joist Market

Data Source and Methodology

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