As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Cross-Laminated Timber Market: By Application; By Product Type; By Element Type; By Raw Material Type; By Bonding Method; By Panel Layers; By Adhesive Type; By Press Type; By Storey Class; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Cross-Laminated Timber Market Outlook

The global cross-laminated timber market attained a value of USD 780 million in 2020. The market is expected to further grow at a CAGR of 13% in the forecast period of 2022-2027 to reach USD 1624 million by 2026.

 

Cross-Laminated Timber Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The cross-laminated timber 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 2022-2027” provides a comprehensive analysis for anyone who plans to foray into the cross laminated timber market.

 

Cross-Laminated Timber Market by Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Properties and Applications

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.

On the basis of application, the cross-laminated timber market is divided into:

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

Based on product type, the industry is segmented into:

  • Custom
  • Blank

On the basis of element type, the industry is divided into wall panels, flooring panels, and roofing slabs, among others.

Based on raw material type, the industry is segregated into:

  • Spruce
  • Pine
  • Fir
  • Others

On the basis of bonding methods, the industry is divided into:

  • Adhesively Bonded
  • Mechanically Fastened

Based on panel layers, the market is segmented into:

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

On the basis of adhesive type, the industry is categorised into:

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

Based on press type, the industry is divided into hydraulic press, vacuum press, pneumatic press, and others. On the basis of storey class, the industry is categorised into low-rise buildings (1-4 storeys), mid-rise buildings (5-10 storeys), and high-rise buildings (more than 10 storeys). On the basis of end-uses, the industry is segmented into structural applications and non-structural applications.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Cross-Laminated Timber Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

Historical market trends for the cross-laminated timber market have been provided from 2017-2021 and forecasts have been presented till 2026. On a regional level, 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 market has also been provided. 

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.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global cross-laminated timber market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Stora Enso Group
  • Binderholz GmbH
  • Mayr Melnhof Holz Group
  • Schilliger Holz AG
  • KLH Massivholz GmbH
  • HASSLACHER Holding GmbH
  • Sterling Company
  • Structurlam Mass Timber Corporation
  • Nordic Structures
  • Eugen Decker Holzindustrie KG
  • Others

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 market. 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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Product Type, Element Type, Raw Material Type, Bonding Method, Panel Layers, Adhesive Type, Press Type, Storey Class, End Use, Region
Breakup by Application Residential, Educational Institutes, Government/Public Buildings, Commercial Spaces, Others
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 End Use Structural Applications, Non-Structural Applications
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Stora Enso Group, Binderholz GmbH, Mayr Melnhof Holz Group, Schilliger Holz AG, KLH Massivholz GmbH, HASSLACHER Holding GmbH, Sterling Company, Structurlam Mass Timber Corporation, Nordic Structures, Eugen Decker Holzindustrie KG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cross-Laminated Timber Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cross-Laminated Timber Historical Market (2017-2021) 
    8.3    Global Cross-Laminated Timber Market Forecast (2022-2027)
    8.4    Global Cross-Laminated Timber Market by Application
        8.4.1    Residential
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Educational Institutes
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Government/Public Buildings
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Commercial Spaces
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Cross-Laminated Timber Market by Product Type
        8.5.1    Custom CLT
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Blank CLT
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Cross-Laminated Timber Market by Element Type
        8.6.1    Wall Panels
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Flooring Panels
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Roofing Slabs
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Cross-Laminated Timber Market by Raw Material Type
        8.7.1    Spruce
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Pine
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Fir
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Others
    8.8    Global Cross-Laminated Timber Market by Bonding Method
        8.8.1    Adhesively Bonded
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
        8.8.2    Mechanically Fastened
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
    8.9    Global Cross-Laminated Timber Market by Panel Layers
        8.9.1    3-Ply
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2017-2021)
            8.9.1.3    Forecast Trend (2022-2027)
        8.9.2    5-Ply
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2017-2021)
            8.9.2.3    Forecast Trend (2022-2027)
        8.9.3    7-Ply
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2017-2021)
            8.9.3.3    Forecast Trend (2022-2027)
        8.9.4    Others
    8.10    Global Cross-Laminated Timber Market by Adhesive Type
        8.10.1    PUR (Polyurethane)
            8.10.1.1    Market Share
            8.10.1.2    Historical Trend (2017-2021)
            8.10.1.3    Forecast Trend (2022-2027)
        8.10.2    PRF (Phenol Resorcinol Formaldehyde)
            8.10.2.1    Market Share
            8.10.2.2    Historical Trend (2017-2021)
            8.10.2.3    Forecast Trend (2022-2027)
        8.10.3    MUF (Melamine-Urea-Formaldehyde)
            8.10.3.1    Market Share
            8.10.3.2    Historical Trend (2017-2021)
            8.10.3.3    Forecast Trend (2022-2027)
        8.10.4    Others
    8.11    Global Cross-Laminated Timber Market by Press Type
        8.11.1    Hydraulic Press
            8.11.1.1    Market Share
            8.11.1.2    Historical Trend (2017-2021)
            8.11.1.3    Forecast Trend (2022-2027)
        8.11.2    Vacuum Press
            8.11.2.1    Market Share
            8.11.2.2    Historical Trend (2017-2021)
            8.11.2.3    Forecast Trend (2022-2027)
        8.11.3    Pneumatic Press
            8.11.3.1    Market Share
            8.11.3.2    Historical Trend (2017-2021)
            8.11.3.3    Forecast Trend (2022-2027)
        8.11.4    Others
    8.12    Global Cross-Laminated Timber Market by Storey Class
        8.12.1    Low-Rise Buildings (1-4 Storeys)
            8.12.1.1    Market Share
            8.12.1.2    Historical Trend (2017-2021)
            8.12.1.3    Forecast Trend (2022-2027)
        8.12.2    Mid-Rise Buildings (5-10 Storeys)
            8.12.2.1    Market Share
            8.12.2.2    Historical Trend (2017-2021)
            8.12.2.3    Forecast Trend (2022-2027)
        8.12.3    High-Rise Buildings (More than 10 Storeys)
            8.12.3.1    Market Share
            8.12.3.2    Historical Trend (2017-2021)
            8.12.3.3    Forecast Trend (2022-2027)
    8.13    Global Cross-Laminated Timber Market by End Use
        8.13.1    Structural Applications
            8.13.1.1    Market Share
            8.13.1.2    Historical Trend (2017-2021)
            8.13.1.3    Forecast Trend (2022-2027)
        8.13.2    Non-Structural Applications
            8.13.2.1    Market Share
            8.13.2.2    Historical Trend (2017-2021)
            8.13.2.3    Forecast Trend (2022-2027)
    8.14    Global Cross-Laminated Timber Market by Region
        8.14.1    Market Share
            8.14.1.1    North America
            8.14.1.2    Europe
            8.14.1.3    Asia Pacific
            8.14.1.4    Latin America
            8.14.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13    Manufacturing Process
    13.1    Detailed Process Flow
    13.2    Operations Involved
    13.3    Mass Balance
14    Project Details, Requirements and Costs Involved
    14.1    Land, Location, and Site Development
    14.2    Construction
    14.3    Plant Machinery
    14.4    Cost of Raw Material
    14.5    Packaging
    14.6    Transportation
    14.7    Utilities
    14.8    Manpower
    14.9    Other Capital Investment
15    Project Economics
    15.1    Capital Cost of the Project
    15.2    Techno-Economic Parameters
    15.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    15.4    Income Projections
    15.5    Expenditure Projections
    15.6    Taxation and Depreciation
    15.7    Financial Analysis
    15.8    Profit Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players’ Market Share
    16.3    Company Profiles
        16.3.1    Stora Enso Group
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Certifications
        16.3.2    Binderholz GmbH
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Certifications
        16.3.3    Mayr Melnhof Holz Group
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Certifications
        16.3.4    Schilliger Holz AG
            16.3.4.1    Company Overview
            16.3.4.2    Product Portfolio
            16.3.4.3    Demographic Reach and Achievements
            16.3.4.4    Certifications
        16.3.5    KLH Massivholz GmbH
            16.3.5.1    Company Overview
            16.3.5.2    Product Portfolio
            16.3.5.3    Demographic Reach and Achievements
            16.3.5.4    Certifications
        16.3.6    HASSLACHER Holding GmbH
            16.3.6.1    Company Overview
            16.3.6.2    Product Portfolio
            16.3.6.3    Demographic Reach and Achievements
            16.3.6.4    Certifications
        16.3.7    Sterling Company
            16.3.7.1    Company Overview
            16.3.7.2    Product Portfolio
            16.3.7.3    Demographic Reach and Achievements
            16.3.7.4    Certifications
        16.3.8    Structurlam Mass Timber Corporation
            16.3.8.1    Company Overview
            16.3.8.2    Product Portfolio
            16.3.8.3    Demographic Reach and Achievements
            16.3.8.4    Certifications
        16.3.9    Nordic Structures
            16.3.9.1    Company Overview
            16.3.9.2    Product Portfolio
            16.3.9.3    Demographic Reach and Achievements
            16.3.9.4    Certifications
        16.3.10    Eugen Decker Holzindustrie KG
            16.3.10.1    Company Overview
            16.3.10.2    Product Portfolio
            16.3.10.3    Demographic Reach and Achievements
            16.3.10.4    Certifications
        16.3.11    Others
17    Industry Events and Developments

 

List of Figures and Tables

1.    Global Cross-Laminated Timber Market: Key Industry Highlights, 2016 and 2026
2.    Global Cross-Laminated Timber Historical Market: Breakup by Application (USD Million), 2017-2021
3.    Global Cross-Laminated Timber Market Forecast: Breakup by Application (USD Million), 2022-2027
4.    Global Cross-Laminated Timber Historical Market: Breakup by Product Type (USD Million), 2017-2021
5.    Global Cross-Laminated Timber Market Forecast: Breakup by Product Type (USD Million), 2022-2027
6.    Global Cross-Laminated Timber Historical Market: Breakup by Element Type (USD Million), 2017-2021
7.    Global Cross-Laminated Timber Market Forecast: Breakup by Element Type (USD Million), 2022-2027
8.    Global Cross-Laminated Timber Historical Market: Breakup by Raw Material Type (USD Million), 2017-2021
9.    Global Cross-Laminated Timber Market Forecast: Breakup by Raw Material Type (USD Million), 2022-2027
10.    Global Cross-Laminated Timber Historical Market: Breakup by Bonding Method (USD Million), 2017-2021
11.    Global Cross-Laminated Timber Market Forecast: Breakup by Bonding Method (USD Million), 2022-2027
12.    Global Cross-Laminated Timber Historical Market: Breakup by Panel Layers (USD Million), 2017-2021
13.    Global Cross-Laminated Timber Market Forecast: Breakup by Panel Layers (USD Million), 2022-2027
14.    Global Cross-Laminated Timber Historical Market: Breakup by Adhesive Type (USD Million), 2017-2021
15.    Global Cross-Laminated Timber Market Forecast: Breakup by Adhesive Type (USD Million), 2022-2027
16.    Global Cross-Laminated Timber Historical Market: Breakup by Press Type (USD Million), 2017-2021
17.    Global Cross-Laminated Timber Market Forecast: Breakup by Press Type (USD Million), 2022-2027
18.    Global Cross-Laminated Timber Historical Market: Breakup by Storey Class (USD Million), 2017-2021
19.    Global Cross-Laminated Timber Market Forecast: Breakup by Storey Class (USD Million), 2022-2027
20.    Global Cross-Laminated Timber Historical Market: Breakup by Region (USD Million), 2017-2021
21.    Global Cross-Laminated Timber Market Forecast: Breakup by Region (USD Million), 2022-2027
22.    Global Cross-Laminated Timber Historical Market: Breakup by Application Type (USD Million), 2017-2021
23.    Global Cross-Laminated Timber Market Forecast: Breakup by Application Type (USD Million), 2022-2027
24.    North America Cross-Laminated Timber Historical Market: Breakup by Country (USD Million), 2017-2021
25.    North America Cross-Laminated Timber Market Forecast: Breakup by Country (USD Million), 2022-2027
26.    Europe Cross-Laminated Timber Historical Market: Breakup by Country (USD Million), 2017-2021
27.    Europe Cross-Laminated Timber Market Forecast: Breakup by Country (USD Million), 2022-2027
28.    Asia Pacific Cross-Laminated Timber Historical Market: Breakup by Country (USD Million), 2017-2021
29.    Asia Pacific Cross-Laminated Timber Market Forecast: Breakup by Country (USD Million), 2022-2027
30.    Latin America Cross-Laminated Timber Historical Market: Breakup by Country (USD Million), 2017-2021
31.    Latin America Cross-Laminated Timber Market Forecast: Breakup by Country (USD Million), 2022-2027
32.    Middle East and Africa Cross-Laminated Timber Historical Market: Breakup by Country (USD Million), 2017-2021
33.    Middle East and Africa Cross-Laminated Timber Market Forecast: Breakup by Country (USD Million), 2022-2027
34.    North America Historical Price Trends and Forecast 2017-2027
35.    Europe Historical Price Trends and Forecast 2017-2027
36.    Asia Pacific Historical Price Trends and Forecast 2017-2027
37.    Latin America Historical Price Trends and Forecast 2017-2027
38.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
39.    Global Cross-Laminated Timber Market Structure

Key Questions Answered in the Report

In 2020, the global cross-laminated timber market attained a value of nearly USD 780 million. 

The market is projected to grow at a CAGR of 13% between 2021 and 2026.

By 2026, the market is projected to reach USD 1624 million.

The major drivers of the industry, such as faster construction time, increasing disposable incomes, rising population, and flexibility of the product, are expected to aid the market growth.

The key market trend guiding the growth of the cross-laminated timber market includes the rising awareness about its advantages over other traditional construction material, resulting in the incorporation of the product in the new projects.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major applications of the product are residential, educational institutes, government/public buildings, and commercial spaces, among others.

The leading product types in the industry are wall panels, flooring panels, and roofing slabs, among others.

The significant element types in the industry are wall panels, flooring panels, and roofing slabs.

The major raw material types of the product include spruce, pine, and fir, among others.

The significant bonding methods of the product are adhesively bonded and mechanically fastened.
 

The major panel layers of the product are 3-Ply, 5-Ply, and 7-Ply, among others.

The adhesive types of the product are PUR (Polyurethane), PRF (Phenol Resorcinol Formaldehyde), and MUF (Melamine-Urea-Formaldehyde), among others.

The significant press types of the product are into hydraulic press, vacuum press, and pneumatic press, among others.

The significant storey classes of the product are low-rise buildings (1-4 storeys), mid-rise buildings (5-10 storeys), and high-rise buildings (more than 10 storeys).

The major end uses of the product include structural applications and non-structural applications.

The major players in the industry are Stora Enso Group, Binderholz GmbH, Mayr Melnhof Holz Group, Schilliger Holz AG, KLH Massivholz GmbH, HASSLACHER Holding GmbH, Sterling Company, Structurlam Mass Timber Corporation, Nordic Structures, and Eugen Decker Holzindustrie KG, among others.

Analyst Review

The global cross-laminated timber market attained a value of USD 780 million in 2020, driven by rising population and increasing per capita incomes. Aided by the rising awareness of the product benefits, the cross-laminated timber market is expected to witness a further growth in the forecast period of 2022-2027 at a CAGR of 13% to attain a value of USD 1624 million by 2026. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the cross-laminated timber market can be segmented into residential, educational institutes, government/public buildings, commercial spaces, and others. On the basis of product types, the industry is divided into wall panels, flooring panels, roofing slabs, and others. Based on element types, the industry is divided into wall panels, flooring panels, and roofing slabs. On the basis of raw material types, the industry is segregated into spruce, pine, fir, and others. Based on bonding methods, the industry is bifurcated into adhesively bonded and mechanically fastened. On the basis of panel layers, the industry is divided into 3-Ply, 5-Ply, 7-Ply, and others. Based on adhesive types, the industry is segmented into PUR (Polyurethane), PRF (Phenol Resorcinol Formaldehyde), MUF (Melamine-Urea-Formaldehyde), and others. Based on press types, the industry is categorised into hydraulic press, vacuum press, pneumatic press, and others. Based on storey classes, the industry is divided into low-rise buildings (1-4 storeys), mid-rise buildings (5-10 storeys), and high-rise buildings (more than 10 storeys). Based on end-uses, the industry is segmented into structural applications and non-structural applications. The major regional markets for cross-laminated timber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Stora Enso Group, Binderholz GmbH, Mayr Melnhof Holz Group, Schilliger Holz AG, KLH Massivholz GmbH, HASSLACHER Holding GmbH, Sterling Company, Structurlam Mass Timber Corporation, Nordic Structures, Eugen Decker Holzindustrie KG, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER