Cross-laminated Timber Market Report and Forecast 2021-2026
Cross-laminated timber (CLT) refers to a prefabricated panel that is manufactured by gluing several layers of kiln-dried lumber boards crosswise. Earlier, it was utilized for replacing cement and steel during building activities; however, with rapid technological advancements, CLT has emerged as a primary construction material for building low to mid-rise infrastructures. Owing to this, several leading manufacturers are combining CLT elements with other building materials for providing more flexibility, improved designs and better-finished structures.
Furthermore, the rising environmental concerns have prompted them to invest in eco-friendly green building materials, like CLT. For instance, Stora Enso, a Europe-based leading provider of renewable solutions in wood-based construction, is spending a considerable sum for the development of newer digital technologies and tools for building innovative wood-based solutions for construction. They have also inaugurated one of the world’s most modern production units for CLT that substitutes the use of fossil-based materials with renewable components.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global CLT (Cross-Laminated Timber) Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the major players operating in the industry include STORA ENSO OYJ (SEOAY), SmartLam LLC, KLH ( KLH ), Binderholz, Mayr-Melnhof Karton AG (MNHFY), Hasslacher, XLam Limited, Sterling Lumber, Schilliger Holz AG, B & K Structures, Eugen Decker Holzindustrie KG, Structurlam and Meiken Lamwood Corp.
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The report has segmented the market on the basis of Application, Product Type, Element Type, Raw Material Type, Bonding Method, Panel Layers, Adhesive Type, Press Type, Storey Class, Application Type, and Region.
Performance of Key Regions
Market by Application
Market by Product Type
Market by Element Type
Market by Raw Material Type
Market by Bonding Method
Market by Panel Layers
Market by Adhesive Type
PRF (Phenol Resorcinol Formaldehyde)
Market by Press Type
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
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