The global cross laminated timber market is expected to grow at a CAGR of around 14.3% during 2024-2033. This report on global cross laminated timber market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. the report presents a clear picture of the global cross laminated timber market by segmenting the market based on application, product type, element type, raw material type, bonding method, panel layers, adhesive type, press type, storey class, application type and region. Also, detailed profiles of companies operating in the cross laminated timber market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Expanding Building Activity
• Cost-Effective
• Environmentally Beneficial Since it Generates Less Greenhouse Gases
Market Challenges
• Mediocre Fire and Moisture Resistance
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Application
• Residential
• Educational Institutes
• Government/Public Buildings
• Commercial Spaces
Market by Product Type
• Custom CLT
• Blank CLT
Market by Element Type
• Wall Panels
• Flooring Panels
• Roofing Slabs
• Others
Market by Raw Material Type
• Spruce
• Pine
• Fir
• Others
Market by Bonding Method
• Adhesively Bonded
• Mechanically Fastened
Market by Panel Layers
• 3-Ply
• 5-Ply
• 7-Ply
• Others
Market by Adhesive Type
• PUR (Polyurethane)
• PRF (Phenol Resorcinol Formaldehyde)
• MUF (Melamine-Urea-Formaldehyde)
• Others
Market by Press Type
• Hydraulic Press
• Vacuum Press
• Pneumatic Press
• Others
Market by Storey Class
• Low-Rise Buildings (1-4 Storeys)
• Mid-Rise Buildings (5-10 Storeys)
• High-Rise Buildings (More than 10 Storeys
Market by Application Type
• Structural Applications
• Non-Structural Applications
Market by Region
• Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
• North America
- United States
- Canada
• Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
• Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
• Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa