Market Overview:
The United States I-joist market size reached 3.1 Million Cubic Metres in 2023. Looking forward, IMARC Group expects the market to reach 3.9 Million Cubic Metres by 2032, exhibiting a growth rate (CAGR) of 2.72% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
3.1 Million Cubic Metres |
Market Forecast in 2032
|
3.9 Million Cubic Metres |
Market Growth Rate 2024-2032 |
2.72% |
I-joist, or wooden I-beam, is an engineered wood product manufactured from a combination of timber products like laminated veneer timber and graded solid wood. It consists of two major components, namely the web and flanges. The web is placed between the top and bottom flanges, giving the whole structure a distinct ‘I’ shape. The web and flanges produce a lightweight beam that is both sturdy and durable. The web transmits the shear stresses, which rely on the plywood’s panel shear capacity and dimensional stability. In the United States, I-joist has gained immense popularity as it is widely used in the construction of commercial projects due to its high strength and flexibility in installing residential flooring and roof framing.
The United States I-joist market is primarily driven by the prolonged winter season, as I-joist offers high resistance against shrinking and swelling under ambient conditions like heavy snowfall. Additionally, a significant increase in the number of smart and green building projects has also led to a rise in the demand for sustainable building materials like I-joist. Furthermore, technological advancements and rising investments in extensive research and development (R&D) activities have resulted in the emergence of innovative products in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States I-joist market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on sector, new construction and replacement, and application.
Breakup by Sector:
Breakup by New Construction and Replacement:
- New Construction
- Replacement
Breakup by Application:
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Million Cubic Metres |
Segment Coverage |
Sector, New Construction and Replacement, Application, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States I-joist market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States I-joist market?
- What are the key regional markets?
- What is the breakup of the market based on the sector?
- What is the breakup of the market based on the new construction and replacement?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States I-joist market and who are the key players?
- What is the degree of competition in the industry?