Europe I-Joist Market Analysis 2021: Industry Overview, Growth, Trends, Opportunities and Forecast till 2026
October 14, 2021
Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2021-2026).SHERIDAN, WYOMING, UNITED STATES, October 14, 2021 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “Europe I-Joist Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The Europe I-joist market reached a strong growth in 2020. I-joist, or wooden I-beam, refers to a lightweight, engineered wood product. It is primarily characterized by oriented web strands that are placed in between the top and bottom laminated flanges that give the joist a distinct I-shape. I-joist provides higher dimensional stability and better cost-effectiveness as compared to conventional plywood. It also offers enhanced resistance against swelling in ambient conditions, such as humidity, temperature fluctuations, and pressure change. As a result, I-joist is extensively utilized as floor and roof joists in wall studs and roof rafters across both the residential and commercial sectors.
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Several countries across Europe experience a prolonged winter season, which is currently driving the demand for I-joists for offering high resistance against shrinking and swelling under ambient conditions, such as heavy snowfall and frosting. Additionally, the growing number of private housing repair and maintenance activities is also augmenting the European market for I-joist. Moreover, the introduction of financial incentives and schemes providing project development assistance by strongly promoting sustainable energy investment programs is further propelling the market for constructional materials, such as I-Joists. All of the above-mentioned factors will continue to drive the market for I-joist in Europe over the coming years. Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Breakup by Sector:
Breakup by New Construction and Replacement:
Breakup by Application:
Breakup by Country:
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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