Cross Laminated Timber Market Analysis and Forecast to 2032: By Panel Type (3-Ply, 5-Ply, 7-Ply, and Others), Application (Structural Applications and Non-structural Applications), End Use (Residential, Commercial, Government/Public Buildings, and Educational Institutes), Element Type (Wall Panels, Flooring Panels, Roofing Slabs, and Others), Type (Adhesive Bonded, Mechanically Fastened), Storey Class (Low-Rise Buildings (1-4 Storeys), Mid-Rise Buildings (5-10 Storeys), and High-Rise Buildings), Raw Material (Spruce, Pine, and Others), and Region
The cross laminated timber market was valued at USD 1.3 Billion in 2022 and it is anticipated to grow further to over USD 3.5 billion in 2032, at a CAGR of over 11.4% during the forecast period.
Cross laminated timber (CLT) is a type of engineered wood product that is composed of layers of lumber boards that are glued together. The boards are arranged in a cross-laminated configuration, with the grain of each layer running in a different direction. This results in a strong and stiff panel that is well-suited for use in construction. CLT is typically made from softwood lumber, but it can also be made from hardwoods. The lumber is first kiln-dried to remove moisture and then planed to a uniform thickness. The boards are then arranged in the desired configuration and glued together under pressure. Once the glue has cured, the CLT panel is ready for use. CLT has many advantages over traditional lumber products. It is strong and stiff, yet lightweight and easy to work with. It can be used for a variety of applications, including floors, walls, and roofs. CLT is also more environmentally friendly than traditional lumber products, as it is made from renewable resources and has a smaller carbon footprint.
Global Cross Laminated Timber Market Scope and Report Structure
| Report Attribute | Details |
|---|---|
| Market Size in 2022 | US$ 1.3 Billion |
| Market Size in 2032 | US$ 3.5 Billion |
| CAGR % | 11.4% |
| Historic Period | 2016-2021 |
| Forecast Period | 2023-2032 |
| Base Year | 2022 |
| Segments Covered | Type, Application, Element Type, Panel Layers, End Use, Storey Class, Raw Material, and Region |
| Key Companies | Stora Enso Oyj; Mayr-MelnhofHolz Holding AG; Binderholz GmbH; XLam; Sterling Company; SchilligerHolz AG; KLH Massivholz GmbH; B&K Structures; Eugen Decker &WebMan; Structurlam Mass Timber Corporation; SmartLam NA. MEIKEN LAMWOOD Corp., among others. |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Value & Volume, Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Market Trends and Drivers
The key drivers of the Cross Laminated Timber market are its advantages over traditional construction materials, its sustainability, and its ability to be used in a variety of applications. Cross Laminated Timber (CLT) is a relatively new product that is made by bonding layers of lumber together with adhesives. It is strong and stiff, yet lightweight and easy to work with. CLT can be used for a variety of applications, including floors, walls, and roofs. It is also being used increasingly in tall buildings, as it can be used to create large, open spaces without the need for load-bearing walls. CLT has a number of advantages over traditional construction materials. It is more energy efficient to produce than concrete and steel, and it can be reused or recycled at the end of its life. CLT is also more sustainable, as it is made from a renewable resource – wood. The use of CLT is growing rapidly, as more architects and engineers are becoming aware of its benefits. The market for CLT is expected to continue to grow in the coming years, as more projects are completed using this innovative material.
Market Restraints and Challenges
The key restraints and challenges in Cross Laminated Timber market are as follows:
1. Cross Laminated Timber is a relatively new technology and as such, there is a lack of awareness and understanding of its potential benefits among the construction industry.
2. Cross Laminated Timber is also more expensive than traditional construction materials such as concrete and steel. This may act as a deterrent for its adoption in the construction industry.
3. The manufacturing process of Cross Laminated Timber is complex and requires specialized equipment. This may limit its adoption in the construction industry.
4. Cross Laminated Timber is susceptible to fire and moisture damage. This may limit its use in certain applications.
Global Cross Laminated Timber Market Segmental Overview
The global cross laminated timber market is segmented into panel type, application, end use, element type, type, storey class, raw material, and region.
Global Cross Laminated Timber Market by Panel Type
Based on panel type, it is segmented into 3-Ply, 5-Ply, 7-Ply, and Others. The 3-Ply segment is anticipated to dominate the market during the forecast period. Similarly, the 5-Ply segment is anticipated to grow at a fastest CAGR during the forecast period.
Global Cross Laminated Timber Market by Application
Based on application, it is segmented into structural application, and non-structural application. The structural application is anticipated to dominate the market during the forecast period. Similarly, non-structural application segment is anticipated to grow at a fastest pace during the forecast period.
Global Cross Laminated Timber Market by End Use
Based on the end use, it is segmented into residential, commercial, government/public buildings, and educational institutes. The residential segment is anticipated to dominate the market during the forecast period. Similarly, the commercial segment is anticipated to grow at a fastest pace during the forecast period.
Global Cross Laminated Timber Market by Element Type
Based on the element type, it is segmented into wall panels, flooring panels, roofing slabs, and others. The wall panels segment is anticipated to dominate the market during the forecast period. Likewise, the flooring panels segment is anticipated to witness the fastest growth during the forecast period.
Global Cross Laminated Timber Market by Type
Based on the type, it is segmented into adhesive bonded, and mechanically fastened. The adhesive bonded segment is anticipated to dominate the market during the forecast period. Similarly, the mechanically fastened segment is anticipated to witness the fastest growth during the forecast period.
Global Cross Laminated Timber Market by Storey Class
Based on the storey class, it is segmented into low-rise buildings (1-4 Storeys), mid-rise buildings (5-10 storeys), high rise buildings. The low-rise buildings (1-4 storeys) segment is anticipated to dominate the market during the forecast period. Similarly, high rise buildings segment is anticipated to witness the fastest growth during the forecast period.
Global Cross Laminated Timber Market by Raw Material
Based on the raw material, it is segmented into spruce, pine, and others. The spruce segment is anticipated to dominate the market during the forecast period. Similarly, pine segment is anticipated to witness the fastest growth during the forecast period.
Geographical Analysis of the Global Cross Laminated Timber Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.
Major Players in the Global Cross Laminated Timber Market
The key players studied in the report are Stora Enso Oyj; Mayr-MelnhofHolz Holding AG; Binderholz GmbH; XLam; Sterling Company; SchilligerHolz AG; KLH Massivholz GmbH; B&K Structures; Eugen Decker &WebMan; Structurlam Mass Timber Corporation; SmartLam NA. MEIKEN LAMWOOD Corp., among others.
COVID-19 Impact
The global COVID-19 outburst had a negative impact on major players’ trade relations. Due to limitations on trade and manufacturing in some economies, the supply of raw materials and completed items related to cross-laminated timber has been restricted. However, as trade and industrial activity gradually pick up to improve economic conditions, numerous economies are easing restrictions on trade, which is helping the demand for cross-laminated wood.
Recent Developments
- December 2021, Mayr-Melnhof Holz Holding firm entered an agreement to buy the Swedish sawmill group Bergkvist Silijan. This maintains the Austrian wood processing group’s steady expansion and growth plan.
- October 2021, Stora Enso planned to invest USD 114.76 million to boost board production at its Skoghall facility in Sweden. Simultaneously, Stora Enso is starting a feasibility study to convert the second, presently idle, line at its Oulu, Finland, location to a packaging board line.
- November 2020, Stora Enso, a leading timber manufacturer in Europe, received approval for the production and delivery of CLT panels to the U.S. that comply with the International Building Code, North American CLT standard, ANSI/APA PRG 320-2019, Standard for Performance-rated cross laminated timber.
- January 2020, Mayr Melnhof Holding AG announced an investment of approximately USD 145 million to build a modern CLT manufacturing plant at Leoben, Austria.
Frequently Asked Questions
Q1. How big is the Cross Laminated Timber market?
Ans. The cross laminated timber market was valued at USD 1.3 Billion in 2022 and it is anticipated to grow further to over USD 3.5 billion in 2032, at a CAGR of over 11.4% during the forecast period.
Q2. What is the Cross Laminated Timber market growth rate?
Ans. The growth rate of the Cross Laminated Timber market is 15.4%.
Q3. Which region holds a major market share for the Cross Laminated Timber market?
Ans. North America holds a major market share of the Cross Laminated Timber market in 2022.
Q4. Which segment accounted for the largest Cross Laminated Timber market share?
Ans. By end usage, residential segment accounted for the largest Cross Laminated Timber market share.
Q5. Who are the key players in the Cross Laminated Timber market?
Ans. The Cross Laminated Timber market report includes players such as Stora Enso Oyj; Mayr-MelnhofHolz Holding AG; Binderholz GmbH; XLam; Sterling Company; SchilligerHolz AG; KLH Massivholz GmbH; B&K Structures; Eugen Decker &WebMan; Structurlam Mass Timber Corporation; SmartLam NA. MEIKEN LAMWOOD Corp., among others.
Q6. What are the factors driving the Cross Laminated Timber market growth?
Ans. The major factors driving the growth of the market are the growing market in emerging countries.
Q7. What are the key growth strategies of Cross Laminated Timber market players?
Ans. The key growth strategies of Cross Laminated Timber market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Cross Laminated Timber market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Cross Laminated Timber market during the forecast period.
Table of Contents
1. Cross Laminated Timber Market Overview
1.1 Objectives of the Report
1.2 Market Definition and Scope of the Report
1.3 Research Limitations
1.4 Research Methodologies
1.4.1 Secondary Research
1.4.2 Market Size Estimation Technique
1.4.3 Forecasting
1.4.4 Primary Research and Data Validation
2. Executive Summary
2.1 Summary
2.2 Key Findings of the Market
3. Premium Insights on the Market
3.1 Market Attractiveness Analysis, by Region
3.2 Market Attractiveness Analysis, by Type
3.3 Market Attractiveness Analysis, by Application
3.4 Market Attractiveness Analysis, by Element Type
3.5 Market Attractiveness Analysis, by Panel Layers
3.6 Market Attractiveness Analysis, by End-use
3.7 Market Attractiveness Analysis, by Storey Class
4. Europe Cross Laminated Timber Market Outlook
4.1 Market Segmentation
4.2 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunities
4.3 Porters Five Forces Analysis
4.3.1 Bargaining Power of Buyers
4.3.2 Bargaining Power of Suppliers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitution
4.3.5 Competitive Rivalry
4.4 PESTLE Analysis
4.5 Value Chain Analysis
4.6 Impact of COVID-19 on the Market
4.7 Impact of the Russia and Ukraine War
4.8 Detailed Process Flow of CLT Manufacturing
4.9 Analysis of CLT Manufacturing Plant Project, Requirements, and Costs Involved
4.10 Major CLT Producers with Annual Production Capacities
5. Cross Laminated Timber Market by Type
5.1 Overview
5.2 Market Size and Forecast
5.3 Adhesive Bonded
5.3.1 Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4 Mechanically Fastened
5.4.1 Key Market Trends & Opportunity Analysis
5.4.2 Market Size and Forecast, by Region
6. Cross Laminated Timber Market by Application
6.1 Overview
6.2 Market Size and Forecast
6.3 Structural Applications
6.3.1 Key Market Trends & Opportunity Analysis
6.3.2 Market Size and Forecast, by Region
6.4 Non-Structural Applications
6.4.1 Key Market Trends & Opportunity Analysis
6.4.2 Market Size and Forecast, by Region
7. Cross Laminated Timber Market by Element Type
7.1 Overview
7.2 Market Size and Forecast
7.3 Wall Panels
7.3.1 Key Market Trends & Opportunity Analysis
7.3.2 Market Size and Forecast, by Region
7.4 Flooring Panels
7.4.1 Key Market Trends & Opportunity Analysis
7.4.2 Market Size and Forecast, by Region
7.5 Roofing Slabs
7.5.1 Key Market Trends & Opportunity Analysis
7.5.2 Market Size and Forecast, by Region
7.6 Others
7.6.1 Key Market Trends & Opportunity Analysis
7.6.2 Market Size and Forecast, by Region
8. Cross Laminated Timber Market by Panel Layers
8.1 Overview
8.2 Market Size and Forecast
8.3 3-Ply
8.3.1 Key Market Trends & Opportunity Analysis
8.3.2 Market Size and Forecast, by Region
8.4 5-Ply
8.4.1 Key Market Trends & Opportunity Analysis
8.4.2 Market Size and Forecast, by Region
8.5 7-Ply
8.5.1 Key Market Trends & Opportunity Analysis
8.5.2 Market Size and Forecast, by Region
8.6 Others
8.6.1 Key Market Trends & Opportunity Analysis
8.6.2 Market Size and Forecast, by Region
9. Cross Laminated Timber Market by End-use
9.1 Overview
9.2 Market Size and Forecast
9.3 Residential
9.3.1 Key Market Trends & Opportunity Analysis
9.3.2 Market Size and Forecast, by Region
9.4 Commercial
9.4.1 Key Market Trends & Opportunity Analysis
9.4.2 Market Size and Forecast, by Region
9.5 Government/Public Buildings
9.5.1 Key Market Trends & Opportunity Analysis
9.5.2 Market Size and Forecast, by Region
9.6 Institutional
9.6.1 Key Market Trends & Opportunity Analysis
9.6.2 Market Size and Forecast, by Region
10. Cross Laminated Timber Market by Storey Class
10.1 Overview
10.2 Market Size and Forecast
10.3 Low-Rise Buildings (1-4 Storeys)
10.3.1 Key Market Trends & Opportunity Analysis
10.3.2 Market Size and Forecast, by Region
10.4 Mid-Rise Buildings (5-10 Storeys)
10.4.1 Key Market Trends & Opportunity Analysis
10.4.2 Market Size and Forecast, by Region
10.5 High-Rise Buildings (More than 10 Storeys)
10.5.1 Key Market Trends & Opportunity Analysis
10.5.2 Market Size and Forecast, by Region
11. Cross Laminated Timber Market by Raw Material
11.1 Overview
11.2 Market Size and Forecast
11.3 Spruce
11.3.1 Key Market Trends & Opportunity Analysis
11.3.2. Market Size and Forecast, by Region
11.4 Pine
11.4.1 Key Market Trends & Opportunity Analysis
11.4.2 Market Size and Forecast, by Region
11.5 Others
11.5.1 Key Market Trends & Opportunity Analysis
11.5.2 Market Size and Forecast, by Region
12. Cross Laminated Timber Market by Region (Value, Volume)
12.1. Overview
12.2. North America
12.2.1. Key Market Trends and Opportunities
12.2.2. Market Size and Forecast by Panel Layers
12.2.3. Market Size and Forecast by Application
12.2.4. Market Size and Forecast by End-use
12.2.5. Market Size and Forecast by Element Type
12.2.6. Market Size and Forecast by Type
12.2.7. Market Size and Forecast by Storey Class
12.2.8. Market Size and Forecast by Raw Material
12.2.9. Market Size and Forecast by Country
12.3. The U.S.
12.3.1 Key Market Trends and Opportunities
12.3.2. Market Size and Forecast by Panel Layers
12.3.3. Market Size and Forecast by Application
12.3.4. Market Size and Forecast by End-use
12.3.5. Market Size and Forecast by Element Type
12.3.6. Market Size and Forecast by Type
12.3.7. Market Size and Forecast by Storey Class
12.3.8. Market Size and Forecast by Raw Material
12.4. Canada
12.4.1 Key Market Trends and Opportunities
12.4.2. Market Size and Forecast by Panel Layers
12.4.3. Market Size and Forecast by Application
12.4.4. Market Size and Forecast by End-use
12.4.5. Market Size and Forecast by Element Type
12.4.6. Market Size and Forecast by Type
12.4.7. Market Size and Forecast by Storey Class
12.4.8. Market Size and Forecast by Raw Material
12.5. Mexico
12.5.1 Key Market Trends and Opportunities
12.5.2. Market Size and Forecast by Panel Layers
12.5.3. Market Size and Forecast by Application
12.5.4. Market Size and Forecast by End-use
12.5.5. Market Size and Forecast by Element Type
12.5.6. Market Size and Forecast by Type
12.5.7. Market Size and Forecast by Storey Class
12.5.8. Market Size and Forecast by Raw Material
12.6 Europe
12.6.1. Key Market Trends and Opportunities
12.6.2. Market Size and Forecast by Panel Layers
12.6.3. Market Size and Forecast by Application
12.6.4. Market Size and Forecast by End-use
12.6.5. Market Size and Forecast by Element Type
12.6.6. Market Size and Forecast by Type
12.6.7. Market Size and Forecast by Storey Class
12.6.8. Market Size and Forecast by Raw Material
12.6.9. Market Size and Forecast by Country
12.7. UK
12.7.1 Key Market Trends and Opportunities
12.7.2. Market Size and Forecast by Panel Layers
12.7.3. Market Size and Forecast by Application
12.7.4. Market Size and Forecast by End-use
12.7.5. Market Size and Forecast by Element Type
12.7.6. Market Size and Forecast by Type
12.7.7. Market Size and Forecast by Storey Class
12.7.8. Market Size and Forecast by Raw Material
12.8. Germany
12.8.1 Key Market Trends and Opportunities
12.8.2. Market Size and Forecast by Panel Layers
12.8.3. Market Size and Forecast by Application
12.8.4. Market Size and Forecast by End-use
12.8.5. Market Size and Forecast by Element Type
12.8.6. Market Size and Forecast by Type
12.8.7. Market Size and Forecast by Storey Class
12.8.8. Market Size and Forecast by Raw Material
12.9. France
12.9.1 Key Market Trends and Opportunities
12.9.2. Market Size and Forecast by Panel Layers
12.9.3. Market Size and Forecast by Application
12.9.4. Market Size and Forecast by End-use
12.9.5. Market Size and Forecast by Element Type
12.9.6. Market Size and Forecast by Type
12.9.7. Market Size and Forecast by Storey Class
12.9.8. Market Size and Forecast by Raw Material
12.10. Italy
12.10.1 Key Market Trends and Opportunities
12.10.2. Market Size and Forecast by Panel Layers
12.10.3. Market Size and Forecast by Application
12.10.4. Market Size and Forecast by End-use
12.10.5. Market Size and Forecast by Element Type
12.10.6. Market Size and Forecast by Type
12.10.7. Market Size and Forecast by Storey Class
12.10.8. Market Size and Forecast by Raw Material
12.11. Spain
12.11.1 Key Market Trends and Opportunities
12.11.2. Market Size and Forecast by Panel Layers
12.11.3. Market Size and Forecast by Application
12.11.4. Market Size and Forecast by End-use
12.11.5. Market Size and Forecast by Element Type
12.11.6. Market Size and Forecast by Type
12.11.7. Market Size and Forecast by Storey Class
12.11.8. Market Size and Forecast by Raw Material
12.12. Austria
12.12.1 Key Market Trends and Opportunities
12.12.2. Market Size and Forecast by Panel Layers
12.12.3. Market Size and Forecast by Application
12.12.4. Market Size and Forecast by End-use
12.12.5. Market Size and Forecast by Element Type
12.12.6. Market Size and Forecast by Type
12.12.7. Market Size and Forecast by Storey Class
12.12.8. Market Size and Forecast by Raw Material
12.13. Switzerland
12.13.1 Key Market Trends and Opportunities
12.13.2. Market Size and Forecast by Panel Layers
12.13.3. Market Size and Forecast by Application
12.13.4. Market Size and Forecast by End-use
12.13.5. Market Size and Forecast by Element Type
12.13.6. Market Size and Forecast by Type
12.13.7. Market Size and Forecast by Storey Class
12.13.8. Market Size and Forecast by Raw Material
12.14. Rest of the Europe
12.14.1 Key Market Trends and Opportunities
12.14.2. Market Size and Forecast by Panel Layers
12.14.3. Market Size and Forecast by Application
12.14.4. Market Size and Forecast by End-use
12.14.5. Market Size and Forecast by Element Type
12.14.6. Market Size and Forecast by Type
12.14.7. Market Size and Forecast by Storey Class
12.14.8. Market Size and Forecast by Raw Material
12.15 Asia Pacific
12.15.1. Key Market Trends and Opportunities
12.15.2. Market Size and Forecast by Panel Layers
12.15.3. Market Size and Forecast by Application
12.15.4. Market Size and Forecast by End-use
12.15.5. Market Size and Forecast by Element Type
12.15.6. Market Size and Forecast by Type
12.15.7. Market Size and Forecast by Storey Class
12.15.8. Market Size and Forecast by Raw Material
12.15.9. Market Size and Forecast by Country
12.16. China
12.16.1 Key Market Trends and Opportunities
12.16.2. Market Size and Forecast by Panel Layers
12.16.3. Market Size and Forecast by Application
12.16.4. Market Size and Forecast by End-use
12.16.5. Market Size and Forecast by Element Type
12.16.6. Market Size and Forecast by Type
12.16.7. Market Size and Forecast by Storey Class
12.16.8. Market Size and Forecast by Raw Material
12.17. India
12.17.1 Key Market Trends and Opportunities
12.17.2. Market Size and Forecast by Panel Layers
12.17.3. Market Size and Forecast by Application
12.17.4. Market Size and Forecast by End-use
12.17.5. Market Size and Forecast by Element Type
12.17.6. Market Size and Forecast by Type
12.17.7. Market Size and Forecast by Storey Class
12.17.8. Market Size and Forecast by Raw Material
12.18. Japan
12.18.1 Key Market Trends and Opportunities
12.18.2. Market Size and Forecast by Panel Layers
12.18.3. Market Size and Forecast by Application
12.18.4. Market Size and Forecast by End-use
12.18.5. Market Size and Forecast by Element Type
12.18.6. Market Size and Forecast by Type
12.18.7. Market Size and Forecast by Storey Class
12.18.8. Market Size and Forecast by Raw Material
12.17. South Korea
12.17.1 Key Market Trends and Opportunities
12.17.2. Market Size and Forecast by Panel Layers
12.17.3. Market Size and Forecast by Application
12.17.4. Market Size and Forecast by End-use
12.17.5. Market Size and Forecast by Element Type
12.17.6. Market Size and Forecast by Type
12.17.7. Market Size and Forecast by Storey Class
12.17.8. Market Size and Forecast by Raw Material
12.19. Rest of APAC
12.19.1 Key Market Trends and Opportunities
12.19.2. Market Size and Forecast by Panel Layers
12.19.3. Market Size and Forecast by Application
12.19.4. Market Size and Forecast by End-use
12.19.5. Market Size and Forecast by Element Type
12.19.6. Market Size and Forecast by Type
12.19.7. Market Size and Forecast by Storey Class
12.19.8. Market Size and Forecast by Raw Material
12.20 Rest of the World
12.20.1. Key Market Trends and Opportunities
12.20.2. Market Size and Forecast by Panel Layers
12.20.3. Market Size and Forecast by Application
12.20.4. Market Size and Forecast by End-use
12.20.5. Market Size and Forecast by Element Type
12.20.6. Market Size and Forecast by Type
12.20.7. Market Size and Forecast by Storey Class
12.20.8. Market Size and Forecast by Raw Material
12.20.9. Market Size and Forecast by Country
12.21. Latin America
12.21.1 Key Market Trends and Opportunities
12.21.2. Market Size and Forecast by Panel Layers
12.21.3. Market Size and Forecast by Application
12.21.4. Market Size and Forecast by End-use
12.21.5. Market Size and Forecast by Element Type
12.21.6. Market Size and Forecast by Type
12.21.7. Market Size and Forecast by Storey Class
12.21.8. Market Size and Forecast by Raw Material
12.22. Middle East
12.22.1 Key Market Trends and Opportunities
12.22.2. Market Size and Forecast by Panel Layers
12.22.3. Market Size and Forecast by Application
12.22.4. Market Size and Forecast by End-use
12.22.5. Market Size and Forecast by Element Type
12.22.6. Market Size and Forecast by Type
12.22.7. Market Size and Forecast by Storey Class
12.22.8. Market Size and Forecast by Raw Material
12.23. Africa
12.23.1 Key Market Trends and Opportunities
12.23.2. Market Size and Forecast by Panel Layers
12.23.3. Market Size and Forecast by Application
12.23.4. Market Size and Forecast by End-use
12.23.5. Market Size and Forecast by Element Type
12.23.6. Market Size and Forecast by Type
12.23.7. Market Size and Forecast by Storey Class
12.23.8. Market Size and Forecast by Raw Material
13. Competitive Landscape
13.1 Overview
13.2 Market Share Analysis
13.3 Ranking by Cross Laminated Timber Market Revenue
13.4 Vendor Benchmarking
13.5 Developmental Strategy Benchmarking
13.5.1. Acquisitions & Mergers
13.5.2. Product Launches & Developments
13.5.3. Business Expansions
13.5.4. Partnerships, Joint Ventures, and Collaborations
14. Company Profiles
14.1 Stora Enso Oyj
14.1.1 Company Snapshot
14.1.2 Business Performance
14.1.3 Product Offering
14.1.4 Key Developmental Strategies
14.1.5 SWOT Analysis
14.2 Mayr-MelnhofHolz Holding AG
14.3 Binderholz GmbH
14.4 XLam
14.5 Sterling Company
14.6 SchilligerHolz AG
14.7 KLH Massivholz GmbH
14.8 B&K Structures
14.9 Eugen Decker & WebMan
14.10 Structurlam Mass Timber Corporation
14.11 SmartLam NA
14.12 MEIKEN LAMWOOD Corp
Key Players
Global Cross Laminated Timber Market Segmentation
By Panel Type
- 3-Ply
- 5-Ply
- 7-Ply
- Others
By Application
- Structural Applications
- Non-structural Applications
By End Use
- Residential
- Commercial
- Government/Public Buildings
- Educational Institutes
By Element Type
- Wall Panels
- Flooring Panels
- Roofing Slabs
- Others
By Type
- Adhesive Bonded
- Mechanically Fastened
By Storey Class
- Low-Rise Buildings (1-4 Storeys)
- Mid-Rise Buildings (5-10 Storeys)
- High-Rise Buildings
Raw Materials
- Spruce
- Pine
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa