Cross laminated timber (CLT) is engineered wood used as building material and designed to complement the light- and heavy-timber framing options. Owing to its dimensional stability and high strength, it can be used as an alternative to steel, concrete and masonry in many building types. It is more economical, environment friendly as it emits less greenhouse gas, it is easy and fast to install as it is prefabricated and provides flexibility in design as it is light weight and strong. During 2014-2018, the global CLT market grew at a CAGR of around 16% . The market is currently being driven by the increasing construction activities and the rising demand coming from the education sector and residential and non-residential applications which are putting a pressure on the supplies of traditional materials and prompting developers to look for speedier alternatives like CLT. This report by Expert Market Research entitled “Cross Laminated Timber Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the cross laminated timber market.
Historical market trends for the cross laminated timber industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global cross laminated timber market into the following regions – Europe, North America and others. Europe currently represents the largest market mainly due to green building movements, changes in building codes, consistent marketing efforts and the development of distribution channels. Additionally, the report has analysed the market trends, top manufacturers and market forecast of European countries such as Austria, Germany, Italy, Spain, Switzerland, etc. and USA and Canada in North America.
The value chain analysis of cross laminated timber has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation on the competitive landscape of the cross laminated timber industry has also been provided. Some of the key players in this market include Stora Enso, KLH, Binderholz, Mayr Melnhof, etc.
This report provides an exhaustive insight for setting-up and running a cross laminated timber manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global cross laminated timber market?
- Which are the biggest markets (regions) for cross laminated timber?
- Who are the key manufacturers in the cross laminated timber market?
- What are the land and construction requirements to start a cross laminated timber manufacturing plant?
- What are the machinery requirements to start a cross laminated timber manufacturing plant?
- How is cross laminated timber priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a cross laminated timber manufacturing plant?
- What are the running costs of a cross laminated timber manufacturing plant?
- How much revenue can a cross laminated timber manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the cross laminated timber industry. They included manufacturers, distributors, end-users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.