Published by IMARC Services Private Limited
Posted on October 6, 2021
According to IMARC Group’s latest report, titled “Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global cross-laminated timber market reached a value of US$ 1.07 Billion in 2020. Cross-laminated timber (CLT) stands for a type of engineered wood product used as a sustainable alternative to steel and concrete materials in the construction of residential and commercial spaces. It consists of multilayer panels made of solid wood boards stacked crosswise and glued together. The cross-laminated configuration increases dimensional stability, rigidity, mechanical properties, etc. Compared to concrete or steel structures, CLT is lightweight, easy to install, and offers similar structural performance. As a result, CLT is used to build a wide range of structures, including houses, powerline towers, bridges, high-rise apartments, etc.
Request for a PDF sample of this report: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant/requestsample
Significant growth in the construction industry is primarily driving the demand for lightweight building materials, such as cross-laminated timber. Moreover, CLT serves as a cheaper alternative to conventional building materials like precast concrete. Furthermore, it can be used for an entire building or any combination of wall, flooring, and ceiling applications. Additionally, inflating consumer disposable income levels and growing preferences for semi or fully furnished apartments are also catalyzing the market for CLT. Besides this, the government bodies across several nations are focusing on green building solutions, which in turn is bolstering the applications of CLT in the construction industry. This is expected to further propel the market growth in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of 13.2% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
· Stora Enso
· KLH
· Binderholz
· Mayr Melnhof
· Hasslacher
· XLam Limited
· Sterling Lumber
· Shilliger Holz AG
· Eugen Decker Holzindustrie KG
· Structurlam
· SmartLam
· Meiken Lamwood Corp.
MarketSegmentation:
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
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant
We are updating our reports, if you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, 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:
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.
Related Reports by IMARC Group:
Biodiesel Market: https://www.imarcgroup.com/biodiesel-market
Transformer Oil Market: https://www.imarcgroup.com/transformer-oil-market
Ceramic Tiles Market: https://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
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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.
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to IMARC Group’s latest report, titled “Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global cross-laminated timber market reached a value of US$ 1.07 Billion in 2020. Cross-laminated timber (CLT) stands for a type of engineered wood product used as a sustainable alternative to steel and concrete materials in the construction of residential and commercial spaces. It consists of multilayer panels made of solid wood boards stacked crosswise and glued together. The cross-laminated configuration increases dimensional stability, rigidity, mechanical properties, etc. Compared to concrete or steel structures, CLT is lightweight, easy to install, and offers similar structural performance. As a result, CLT is used to build a wide range of structures, including houses, powerline towers, bridges, high-rise apartments, etc.
Request for a PDF sample of this report: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant/requestsample
Significant growth in the construction industry is primarily driving the demand for lightweight building materials, such as cross-laminated timber. Moreover, CLT serves as a cheaper alternative to conventional building materials like precast concrete. Furthermore, it can be used for an entire building or any combination of wall, flooring, and ceiling applications. Additionally, inflating consumer disposable income levels and growing preferences for semi or fully furnished apartments are also catalyzing the market for CLT. Besides this, the government bodies across several nations are focusing on green building solutions, which in turn is bolstering the applications of CLT in the construction industry. This is expected to further propel the market growth in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of 13.2% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
· Stora Enso
· KLH
· Binderholz
· Mayr Melnhof
· Hasslacher
· XLam Limited
· Sterling Lumber
· Shilliger Holz AG
· Eugen Decker Holzindustrie KG
· Structurlam
· SmartLam
· Meiken Lamwood Corp.
MarketSegmentation:
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
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant
We are updating our reports, if you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, 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:
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.
Related Reports by IMARC Group:
Biodiesel Market: https://www.imarcgroup.com/biodiesel-market
Transformer Oil Market: https://www.imarcgroup.com/transformer-oil-market
Ceramic Tiles Market: https://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
Metal Stamping Market: https://www.imarcgroup.com/metal-stamping-market
Europe Biodiesel Market: https://www.imarcgroup.com/europe-biodiesel-market
Asia Pacific Chitosan Market: https://www.imarcgroup.com/asia-pacific-chitosan-market
Biofertilizer Market: https://www.imarcgroup.com/biofertilizer-azotobacter-and-rhizobium-manufacturing-plant
Citric Acid Market: https://www.imarcgroup.com/citric-acid-manufacturing-plant
Aerogel Market: https://www.imarcgroup.com/aerogel-market
Betaine Market: https://www.imarcgroup.com/betaine-market
PVC Pipes Market: https://www.imarcgroup.com/pvc-pipes-manufacturing-plant
Insulation Market: https://www.imarcgroup.com/insulation-market
North America Chitosan Market: https://www.imarcgroup.com/north-america-chitosan-market
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.
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
