According to IMARC Group’s latest report, titled “United States I-Joist Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited strong growth during 2015-2020. 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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The United States experiences a prolonged winter season, which is currently driving the demand for I-joists in various residential and commercial projects. I-joist offers high resistance against shrinking and swelling under ambient conditions, such as heavy snowfall and frosting. Additionally, the growing number of smart and green buildings in the country has led to the gradual shift from conventional plywood towards sustainable building materials, such as I-joists. Moreover, the increasing investments in extensive R&D activities for the launch of innovative product variants will continue to catalyze the market for I-joist in the United States over the coming years. Looking forward, IMARC Group expects the United States I-joist market to exhibit stable growth during 2021-2026.
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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.
United States I-Joist Market Segmentation:
Breakup by Sector:
- Residential
- Commercial
Breakup by New Construction and Replacement:
- New Construction
- Replacement
Breakup by Application:
- Floors
- Roofs
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- 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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