Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

According to IMARC Group’s latest report, titled “Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global market reached a volume of 1,853,437Cubic Metresin 2021. Cros- laminated timber (CLT) is pre-assembled, engineered wood lumber that is manufactured by stacking, adjoining, and bonding multilayer of solid-sawn lumber planks with glue. This, in turn, enhances the rigidity, dimensional stability, and mechanical properties of CLT. The adjacent layers are utilized as load-bearing parts for building frames as it exhibits structural strength, high load carrying capacity, corrosion resistance, fast installation, and better thermal and sound insulation properties. Apart from this, CLT offers better performance, on account of which it is extensively used as a substitute of steel, masonry, and steel. 

Request for a PDF sample of this report:

Global Cross Lamination Timber Market Trends:

The CLT market is being driven by the increasing investments in infrastructural projects and the growing need for lightweight, affordable and easily installable construction materials. This is further supported by the widespread product adoption in the residential sector due to the high adaptivity properties of CLT in flexible designs and modern architecture. Moreover, the rising environmental concerns have prompted governments of various countries to promote the uptake of eco-friendly building materials, such as CLT, for eliminating greenhouse gas (GHG) emissions, which is acting as another major growth-inducing factor. Looking forward, IMARC Group expects the global cross-laminated timber market to reach3,777,532Cubic Metresby 2027, exhibiting at a CAGR of 12.4% during 2022-2027.

Checkout Now:

Competitive Landscape:

  • Stora Enso
  • KLH
  • Binderholz
  • Mayr Melnhof
  • Hasslacher
  • XLam Limited
  • Sterling Lumber
  • Shilliger Holz AG
  • Eugen Decker Holzindustrie KG
  • Structurlam
  • SmartLam
  • Meiken Lamwood Corp.

Market Segmentation:

Breakup by Application:

  • Residential
  • Educational Institutes
  • Government/Public Buildings
  • Commercial Spaces

Breakup by Product Type:

  • Custom CLT
  • Blank CLT

Breakup by Element Type:

  • Wall Panels
  • Flooring Panels
  • Roofing Slabs
  • Others

Breakup by Raw Material Type:

  • Spruce
  • Pine
  • Fir
  • Others

Breakup by Bonding Method:

  • Adhesively Bonded
  • Mechanically Fastened

Breakup by Panel Layers:

  • 3-Ply
  • 5-Ply
  • 7-Ply
  • Others

Breakup by Adhesive Type:

  • PUR (Polyurethane)
  • PRF (Phenol Resorcinol Formaldehyde)
  • MUF (Melamine-Urea-Formaldehyde)
  • Others

Breakup by Press Type:

  • Hydraulic Press
  • Vacuum Press
  • Pneumatic Press
  • Others

Breakup by Storey Class:

  • Low-Rise Buildings (1-4 Storeys)
  • Mid-Rise Buildings (5-10 Storeys)
  • High-Rise Buildings (More than 10 Storeys)

Breakup by Application Type:

  • Structural Applications
  • Non-Structural Applications

Breakup by Region:

  • Europe
    • Austria
    • Germany
    • Italy
    • Switzerland
    • Czech Republic
    • Spain
    • Norway
    • Sweden
    • United Kingdom
  • North America
    • United States
    • Canada
  • Asia-Pacific
    • Australia
    • New Zealand
    • Japan
    • China
    • Taiwan

Ask Analyst for Customization and Explore full report with TOC & List of Figures:

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • 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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × one =