GLOBAL I-JOIST MARKET companies

Market Concentration and Competitive Landscape

Close-monitor your Competitor's Move, Request sample copy

Key Developments:

• In January 2024, Boise Cascade, a U.S.-based manufacturer of wood products, announced new investments totaling USD 140 million over the next two years in its Alabama and Louisiana facilities to expand its production of Engineered Wood Products (EWP)
• In June 2022, Louisiana-Pacific Corporation (LP), a U.S.-based building material manufacturer, signed an agreement with Pacific Woodtech, a producer of EWP, to acquire LP's EWP business for USD 210 million

Top Strategies Followed by Global I-joist Market Players

• Established Players: Leading companies in the global I-joist market focus extensively on research and development to innovate new high-performance products. For example, West Fraser invests over US$ 150 million annually towards R&D. Their ongoing product testing and engineering analysis has led to the development of carbonized StrandDeck I-joists that provide enhanced strength and durability. Tolko Industries has a dedicated team of engineers working on material science research to create proprietary compositions for their Rimboard product line.
• Mid-Level Players: Medium-sized companies focus on delivering cost-efficient options to attract cost-conscious builders. For example, Boise Cascade's Truss Joist line uses optimized designs and lean manufacturing processes to offer high-performance joists at competitive price points. Roseburg Forest Products manufactures basic I-joists for light residential use as well as specialty joists targeting log home builders through reduced minimum order quantities.
• Small-Scale Players: Small players look to niche specialty markets. For example, Fiberon FiberPrime I-Joists are treated with an exclusive process that makes them suitable for ground contact applications in decks and docks. Additionally, WebJoist produces uniquely shaped scissor and triangular I-joists custom fabricated for modern architectural designs.

Emerging Startups - I-joist Industry Ecosystem

• Innovative Technologies: Startups are focusing on technological advancements. For instance, Denmark-based, Sustainer Homes, is developing recyclable timber I-joists using reusable steel connectors. U.S.-based, Graana employs AI to structurally optimize I-joist geometries using generative design tools, reducing material needs by 15-20%.
• Sustainable Solutions:S.-based ArboraWood produces I-joists made from fast-growing hybrid poplar that sequesters 50% more carbon than traditional lumber. U.K.-based, BluuBeam developed an innovative process to upcycle factory wood scraps into high-performance I-joists, diverting over 80% of materials from landfills annually.
• Market Contribution: Small players also focus on meeting unique demands. Ireland's Woodland I-Joists target bespoke projects with made-to-order capabilities. A U.K.-based startup, Union, uses collaborative online tools to crowdsource specialized I-joist solutions from its network of designers and engineers.

• Boise Cascade Company
• Louisiana-Pacific Corporation
• Nordic Structures
• Roseburg Forest Products Co.
• Stark Truss Company, Inc.
• STEICO SE
• Weyerhaeuser Company
• Anthony Forest Products Co
• Evolution Structures
• James Jones & Sons Ltd
• Pro Builder
• Pryda
• REDBUILT
• Simpson Strong-Tie Co Inc
• Sodra