What is the global market size of Cross Laminated Timber Market?

Global Cross Laminated Timber Market size was valued at USD 1.1 billion in 2021 and is poised to grow from USD 1.26 billion in 2022 to USD 4.26 billion by 2030, growing at a CAGR of 14.5% in the forecast period (2023-2030).

Cross Laminated Timber Market Size, Share, Growth Analysis, By Type(Adhesive bonded, mechanically fastened), By Application(Residential, Non-residential, others), By End Use(Structural, Non-structural), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Cross Laminated Timber Market?

This report provides a detailed overview of the global cross-laminated timber market, including its key trends and factors. This report provides an overview of the market and industry conditions, as well as recent trends and key market drivers and challenges. It also includes a SWOT analysis, Porter’s five forces analysis, and more. The report provides a detailed analysis of setting up a cross-laminated timber manufacturing plant. This study looks at the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. 'Stora Enso Oyj', 'KLH Massivholz GmbH', 'Mayr-Melnhof Holz Holding AG', 'Binderholz GmbH', 'Hasslacher Holding GmbH', 'Structurlam Mass Timber Corporation', 'Nordic Structures', 'Eugen Decker Holzindustrie KG', 'Xlam Dolomiti S.p.A.', 'Merk Timber GmbH', 'B & K Structures', 'W. u. J. Derix GmbH & Co. KG', 'Cross Laminated Timber Australia Pty Ltd.', 'BLC Timber Projects', 'Rubner Holzbau GmbH', 'Setra Group AB', 'HASSLACHER NORICA TIMBER', 'Piveteau Bois', 'ERNE AG Holzbau', 'Bergs Timber AB'.

Q: Which region accounted for the largest share in Global Cross Laminated Timber Market?

Global cross-laminated timber market size in Europe stood at USD 455.1 million in 2022. The Europe market is projected to grow owing to the large adoption of the material in the building of small and medium-sized houses in the region.

Report ID: SQMIG15P2014 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 88 | Figures: 76

Cross Laminated Timber Market News

In December 2021, Mayr-Melnhof Holz Holding Firm entered an agreement to buy the Swedish sawmill group Bergkvist Siljan. This enables the Austrian wood processing group's steady expansion and growth plan.

Cross Laminated Timber Market Report Snapshots

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Cross Laminated Timber Market size was valued at USD 1.1 billion in 2019 and is poised to grow from USD 1.26 billion in 2023 to USD 4.26 billion by 2031, growing at a CAGR of 14.5% in the forecast period (2024-2031).

This report provides a detailed overview of the cross-laminated timber market, including its key trends and factors. This report provides an overview of the market and industry conditions, as well as recent trends and key market drivers and challenges. It also includes a SWOT analysis, Porter’s five forces analysis, and more. The report provides a detailed analysis of setting up a cross-laminated timber manufacturing plant. This study looks at the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. 'Stora Enso Oyj', 'KLH Massivholz GmbH', 'Mayr-Melnhof Holz Holding AG', 'Binderholz GmbH', 'Hasslacher Holding GmbH', 'Structurlam Mass Timber Corporation', 'Nordic Structures', 'Eugen Decker Holzindustrie KG', 'Xlam Dolomiti S.p.A.', 'Merk Timber GmbH', 'B & K Structures', 'W. u. J. Derix GmbH & Co. KG', 'Cross Laminated Timber Australia Pty Ltd.', 'BLC Timber Projects', 'Rubner Holzbau GmbH', 'Setra Group AB', 'HASSLACHER NORICA TIMBER', 'Piveteau Bois', 'ERNE AG Holzbau', 'Bergs Timber AB'

The increasing urban population is indirectly driving the market for cross-laminated timber. There is a population shift from rural to urban areas in the Asia Pacific region hence, demanding infrastructure development in this region.

Seeking Alternatives for Construction Industry to Drive the Market: Cross laminated timber manufactured using local raw material, hardwood from coniferous trees available in alpine region. With increasing popularity in other parts of the world, companies are experimenting with soft and temperate wood species for the manufacturing of material.

cross-laminated timber market size in Europe stood at USD 455.1 million in 2022. The Europe market is projected to grow owing to the large adoption of the material in the building of small and medium-sized houses in the region.

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Cross Laminated Timber Market Size, Share, Growth Analysis, By Type(Adhesive bonded, mechanically fastened), By Application(Residential, Non-residential, others), By End Use(Structural, Non-structural), By Region - Industry Forecast 2024-2031

Cross Laminated Timber Market News

Cross Laminated Timber Market Report Snapshots

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What is the market size of Cross Laminated Timber Market?

Who are the key vendors in the Cross Laminated Timber Market?

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Which region accounted for the largest share in Cross Laminated Timber Market?

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