Summary

Europe Timber Construction Connectors Market Growth & Trends

The Europe timber construction connectors market size is anticipated to reach USD 951.6 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 13.6% from 2023 to 2030. The growth is attributed to the growing demand for sustainable and green construction, which is expected to fuel the demand for timber construction, and thereby, is likely to influence the demand for timber construction connectors. The growing energy crisis worldwide has stimulated the need for sustainable construction activities in Europe. The concept of green building is gaining popularity considering the potentially reduced environmental impacts and significant energy conservation.

Currently, the carbon emissions and energy concerns in the building sector are attracting attention on a global level. This is where wood-based building materials come into play. Wood is capable of reducing carbon emissions through carbon storage. This is promoting the growth of the wood construction market, thereby positively impacting the growth of these connectors in the region.

The growing construction industry in Europe, owing to the increasing demand for residential and commercial units is further expected to propel the market growth. The widespread acceptance of mass & cross-laminated timber, wood panels, and other wood-based goods in construction projects is boosting demand for specialist connectors.

Rising demand for residential constructions using mass timber in Europe is expected to create market opportunities for the use of wood connectors. For instance, in the Netherlands over 32 municipalities and 80 companies signed a Timber Construction Covenant. This agreement suggests using wood as the primary structural material for at least 20% of residential buildings by 2025.

Fasteners used with wood connectors are manufactured using metals such as bronze, cast iron, stainless steel, nickel & aluminum superalloys, and titanium. Using high-quality connectors and wood fastening is essential in ensuring that the construction project complies with building codes and regulations. In addition, durable connectors, such as rings, plates, and rods, which can firmly hold massive wooden beams and panels have been introduced owing to improvements in the manufacturing process of fastening components.

Several bonding materials such as adhesives, sealants, and fasteners have been introduced that can potentially replace timber connectors. These connectors are attached to timber products with the help of fasteners, though these fasteners can be individually used for wood bonding operations. This is expected to create a potential substitute and hamper the demand for these connectors.

Europe Timber Construction Connectors Market Report Highlights

• Based on product, the timber-to-timber connectors segment dominated the market in 2022 with the largest revenue share of 85.6%. These connectors are used in construction applications such as split rings, which are installed in pre-cut grooves. These rings are deployed in split shapes in routed grooves between different timber components. They reduce stress at the connection points of structures. The ring mechanism of these connectors permits the development of synchronized bearings at the inner surface of the rings while the remaining part is fixed in the outer wall

• Based on application, the residential segment held the largest revenue share in 2022 and is anticipated to register a CAGR of 13.7% over the forecast period. The other applications for timber connectors include infrastructure. Governmental agencies and industry players are looking for structural innovations to increase the strength of wood. As a result, the demand for the product in infrastructure applications is rather low. However, the need for timber construction connectors is anticipated to increase owing to the use of wooden framework in several infrastructure projects, including towers, bridges, and other structures

• In the Europe region, Germany, Sweden, and France have a high penetration of wood-based constructions. Growing demand for single-family residential spaces in the region is further expected to increase the demand for construction connectors. Moreover, under the program Build-in-wood by Horizon 2020, the proportion of timber construction is projected to grow, especially in residential and commercial segments, thereby positively influencing the growth of the market

• The market is categorized as highly competitive owing to the presence of several small and large manufacturers of different types of construction connectors. These players are focused on increasing their market share by adopting various strategies such as new product launches, expansions, research & development, mergers & acquisitions, and collaborations

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Table of Contents

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources
1.3.4. Third-Party Perspectives
1.3.5. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation and Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Europe Timber Construction Connectors Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Global Timber Construction Connectors market
3.2. Value Chain Analysis
3.3. Regulatory Framework
3.4. Technology Overview
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.1.1. Growing demand for wood-based construction
3.5.2. Market restraint analysis
3.5.2.1. Introduction of other bonding materials
3.5.3. Industry opportunity
3.6. Business Environment Analysis
3.6.1. Porter's Analysis
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis, by SWOT
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
Chapter 4. Europe Timber Construction Connectors Market: Product Estimates & Trend Analysis
4.1. Product Takeaways
4.2. Product Market Share Analysis, 2022 - 2030
4.3. Europe Timber Construction Connectors Market Estimates & Forecast, By Product 2018 - 2030 (USD Million)
4.3.1. Timber to Timber
4.3.2. Timber to Masonry
4.3.3. Others
Chapter 5. Europe Timber Construction Connectors Market: Application Estimates & Trend Analysis
5.1. Application Takeaways
5.2. Application Market Share Analysis, 2022 - 2030
5.3. Europe Timber Construction Connectors Market Estimates & Forecast, By Application 2018 - 2030 (USD Million)
5.3.1. Residential
5.3.2. Commercial
5.3.3. Others
Chapter 6. Europe Timber Construction Connectors Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Market Share Analysis, 2022 - 2030
6.3. Europe
6.3.1. Europe timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1 UK timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.3 Germany
6.3.3.1 Germany timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.4 France
6.3.4.1 France timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.5 Norway
6.3.5.1 Norway timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.6 Finland
6.3.6.1 Finland timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.7 Denmark
6.3.7.1 Denmark timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
6.3.8 Sweden
6.3.8.1 Sweden timber construction connectors market estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1 Recent Developments & Impact Analysis, By Key Market Participants
7.2 Competition Categorization
7.3 Company Market Positioning
7.4 Company Heat Map Analysis, 2022
7.5 Strategy Mapping, 2022
7.6 Company Listing
7.6.1 Simpson Strong-Tie Company, Inc.
7.6.1.1 Company Overview
7.6.1.2 Financial Performance
7.6.1.3 Product Benchmarking
7.6.1.4 Strategic Initiatives
7.6.2 MiTek, Inc.
7.6.2.1 Company Overview
7.6.2.2 Financial Performance
7.6.2.3 Product Benchmarking
7.6.2.4 Strategic Initiatives
7.6.3 Knapp GmbH
7.6.3.1 Company Overview
7.6.3.2 Financial Performance
7.6.3.3 Product Benchmarking
7.6.3.4 Strategic Initiatives
7.6.4 E.u.r.o.Tec GmbH
7.6.4.1 Company Overview
7.6.4.2 Financial Performance
7.6.4.3 Product Benchmarking
7.6.4.4 Strategic Initiatives
7.6.5 BPC Building Products Limited
7.6.5.1 Company Overview
7.6.5.2 Financial Performance
7.6.5.3 Product Benchmarking
7.6.5.4 Strategic Initiatives
7.6.6 Cullen Timber Engineering Connectors
7.6.6.1 Company Overview
7.6.6.2 Financial Performance
7.6.6.3 Product Benchmarking
7.6.6.4 Strategic Initiatives
7.6.7 GH Baubeschlöge GmbH
7.6.7.1 Company Overview
7.6.7.2 Financial Performance
7.6.7.3 Product Benchmarking
7.6.7.4 Strategic Initiatives
7.6.8 Pitzl Metallbau GmbH & Co. KG
7.6.8.1 Company Overview
7.6.8.2 Financial Performance
7.6.8.3 Product Benchmarking
7.6.8.4 Strategic Initiatives
7.6.9 BeA Timber Connectors
7.6.9.1 Company Overview
7.6.9.2 Financial Performance
7.6.9.3 Product Benchmarking
7.6.9.4 Strategic Initiatives
7.6.10 BTS Befestigungselemente-Technik GmbH
7.6.10.1 Company Overview
7.6.10.2 Financial Performance
7.6.10.3 Product Benchmarking
7.6.10.4 Strategic Initiatives