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Timber Construction Connectors Market Size, Share, Trends, Innovations, Outlook 2022-2030

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The global Timber Construction Connectors market size is expected to be worth around US$ 6.13 billion by 2030, according to a new report by Vision Research Reports.

The global Timber Construction Connectors market size was valued at US$ 760.0 million in 2020 and is anticipated to grow at a CAGR of 14.9% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 6.13 Billion by 2030
Growth Rate CAGR of 14.9% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Pryda (ITW, Inc.); Simpson Strong Tie Co., Inc.; MITEK INC.; Timberplates; Connext Post and Beam; Knapp GmbH; Eurotec GmbH; MTC Solutions; BPC Fixings (The Vista Group); Globus Industries; CQFD; Taurus India Limited

Growth Factors

The growing demand for wood-based constructions on account of the superior aesthetic appeal in the residential and commercial constructions is expected to drive the market. The suspension of construction activities in 2020 to curb the spread of the COVID-19 outburst has negatively impacted the wood construction activities, thus hampering the demand for connectors. Supply chain disruption and termination of trade activities across the globe emerged as the other key factors hampering market growth.

The timber to timber product segment accounted for the largest revenue share in 2020 and is anticipated to maintain its lead in the projected period. Growing demand for wood-based frame structures in residential as well as commercial construction projects is likely to ascend the demand for construction connectors.

By Product Analysis

Timber to timber construction connectors accounted for the largest revenue share of over 80.0% in 2020. Timber-to-timber connectors used in construction applications include split rings that are installed in pre-cut grooves.

The key components used for connecting timber to masonry include angle brackets, joist hangers, restraint straps, and other standard plates. These products are manufactured in a variety of shapes and sizes to match the requirements of construction projects as the beam size is not specified across wood construction.

Shear plates and toothed plates are widely used for bonding applications in wooden construction. Shear plates are installed in pre-cut grooves that can also flush into the timber surface with steel side plates or wood side plates.

By Application Analysis

The residential application segment led the market and accounted for a revenue share of more than 55.0% in 2020. Timber is sustainable and aesthetically pleasing in residential applications.

Increasing awareness regarding mass timber construction in the U.S. is projected to drive wooden construction significantly in the upcoming years.

Mass Engineered Timber (MET) is used for several applications including framing, casework, paneling, flooring, trims, cabinets, and interior design components owing to the superior qualities it offers as compared to conventional wood.

The commercial construction segment includes office buildings, government offices, shopping malls, hypermarkets, departmental stores, restaurants, hotels, resorts, and others.

Infrastructure applications for timber construction are still underway as it is less sturdy than concrete and cement. Structural developments for the enhancement of wooden strength are being investigated by governing authorities and industry participants.

By Regional Analysis

Europe dominated the market and accounted for a revenue share of over 35.0% in 2020. High penetration of wood-based constructions, especially in countries such as Germany, Sweden, and France, is expected to drive the demand for products.

Germany is likely to be the largest shareholder in the European market over the forecast period. This can be attributed to the high penetration of wood-based houses in the country and increasing trends for eco-friendly constructions.

Key Players

  • Pryda (ITW, Inc.)
  • Simpson Strong Tie Co., Inc.
  • MITEK INC.
  • Timberplates
  • Connext Post and Beam
  • Knapp GmbH
  • Eurotec GmbH
  • MTC Solutions
  • BPC Fixings (The Vista Group)
  • Globus Industries
  • CQFD
  • Taurus India Limited

Market Segmentation

  • By Product
    • Timber to Timber
    • Timber to Masonry
    • Timber to Steel
  • By Application
    •  Residential
    • Commercial
    • Infrastructure
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Southeast Asia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Timber Construction Connectors Market, By Product

7.1.  Timber Construction Connectors Market, by Product, 2021-2030

7.1.1.    Timber to Timber

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Timber to Masonry

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Timber to Steel

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Timber Construction Connectors Market, By Application

8.1.  Timber Construction Connectors Market, by Application, 2021-2030

8.1.1.    Residential

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Commercial

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Infrastructure

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Timber Construction Connectors Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Pryda (ITW, Inc.)

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Simpson Strong Tie Co., Inc.

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              MITEK INC.

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Timberplates

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Connext Post and Beam

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Knapp GmbH

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Eurotec GmbH

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              MTC Solutions

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              BPC Fixings (The Vista Group)

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Globus Industries

10.10.1.               Company Overview

10.10.2.               Product Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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