Press release
Cross Laminated Timber (CLT) Market to Witness Robust Expansion by 2024
Cross-laminated timber (CLT) is an engineered wood product that is rapidly gaining popularity in Europe Others and Austria as a sustainable alternative to concrete and steel construction in commercial and multi-residential applications.
The global CLT consumption area is mainly concentrated in developed regions such as Europe and North America. As a major production area, Europe's consumption is also a global leader.
In 2014, global CLT sales about 624.6 K cubic meters. As of 2019, global production will increase to 978.6 K cubic meters, with an CAGR of 9.40%. As CLT becomes more and more concerned in the green building industry, it is expected that global CLT production will continue to grow in the future. Global Info Research estimates that global demand will reach 1792.8 K cubic meters in 2025.
According to this study, over the next five years the Cross Laminated Timber (CLT) market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 909.6 million by 2024, from US$ 669.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cross Laminated Timber (CLT) business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Cross Laminated Timber (CLT) market by product type, application, key manufacturers and key regions and countries.
This study considers the Cross Laminated Timber (CLT) value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Stora Enso
Thoma Holz
Binderholz
Mayr-Melnhof Holz
MHM Abbund-Zentrum
KLH Massivholz GmbH
Lignotrend
Hasslacher Norica
Eugen Decker
Merk Timber
Schilliger Holz
Structurlam
HMS Bausysteme
W. u. J. Derix
Market Segment by Type, covers
Adhesive-bonded CLT
Mechanically Fastened CLT
Market Segment by Applications, can be divided into
Residential Building
Commercial Building
Institutional Building
Industrial Facility
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Related Information:
North America Cross Laminated Timber (CLT) Market Growth 2019-2024
United States Cross Laminated Timber (CLT) Market Growth 2019-2024
Asia-Pacific Cross Laminated Timber (CLT) Market Growth 2019-2024
Europe Cross Laminated Timber (CLT) Market Growth 2019-2024
EMEA Cross Laminated Timber (CLT) Market Growth 2019-2024
Global Cross Laminated Timber (CLT) Market Growth 2019-2024
China Cross Laminated Timber (CLT) Market Growth 2019-2024
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