World demand for engineered lumber products is driven by a shift to perform
ance-based building codes; the changing nature of the softwood fiber supply
; worldwide demand for affordable housing; and advances in resin technology
and wood conversion systems. From structural composite lumber to prefabric
ated wood l-joists and glulam, these products extend the forest resource by
allowing higher product recoveries and using conversion technology that fa
cilitates broader use of underutilized species and sizes. They also enable
higher stumpage prices as markets are created for a wider range of species,
grades, and sizes of timber. And sustainable forestry objectives are enhan
ced as markets for small-diameter, low-grade fiber are developed throughout
the world.