openPR Logo
Press release

North America Cross Laminated Timber Market is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028

North America Cross Laminated Timber Market is expected

Persistence Market Research - PMR's latest study on Chemicals & Materials provides deep industry insights and associated services to help clients realize their maximum business potential across the globe.

Persistence Market Research states that the global cross laminated timber market is expected to witness a CAGR of 6.6% between 2020 and 2030. The global cross laminated timber market is driven by the growing awareness amongst people regarding environmental hazards caused due to cement concrete being used in building construction (cement causes soil erosion, flooding, water pollution). As such, call for green homes is keeping the cash registers ringing for cross laminated timber market. Extending the above-mentioned point further, the construction industry is witnessing a paradigm shift from "concrete-based" to "wood-based". Cross laminated timber also renders a shorter construction time. Moreover, wooden residential buildings like multi-family apartments and single-family homes are found to have flexibility in terms of design along with aesthetic appeal.

To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/25432

Market Segmentation

Cross Laminated Timber Product Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2017 - 2028)
Adhesive Bonded Cross Laminated Timber
Mechanically Fastened Cross Laminated Timber
Cross Laminated Timber Application Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2017 - 2028)
Residential
Institutional
Commercial
Others
Cross Laminated Timber Market Regional Outlook (Volume, Thousand Cubic Meters; Revenue, USD Million, 2017 - 2028)
North America
North America Cross Laminated Timber Market, By Product
Adhesive Bonded Cross Laminated Timber
Mechanically Fastened Cross Laminated Timber
North America Cross Laminated Timber Market, By Application
Residential
Institutional
Commercial
Others
How about fathoming the Depth of Cross Laminated Timber Market?

Cross laminated timber is known for its high stiffness along with out-of-plane and in-plane bearing capacity. This renders it best-suited as wall or floor panels.

Cross laminated timber market, as far as products are concerned, comprise mechanically fastened and adhesive bonded. The latter one is in more demand due to exceptional resistance to fire coupled with good insulation. Coming to application, there are "industrial" and "commercial". The emerging economies will witness a higher demand for cross laminated timber in "industrial" sector due to rapid industrialization therein. On the other hand, the developed economies will witness the same demand in "commercial" sector due to increasing green construction activities.

To connect with our sales representative- sales@persistencemarketresearch.com

Region-wise Pointers

Europe is expected to lead the cross laminated timber market. This could be attributed to immediate adoption on the part of cross laminated timber by Germany and Austria. The central European economies are home to advanced timber processing industries. The other rapidly developing countries in cross laminated timber market include China, Japan, New Zealand, the US, and Canada.

Competitive Landscape

The key players in the cross laminated timber market include SmartLam, B & K Structures, Structurlam, Eugen Decker Holzindustrie KG, KLH Massivholz GmbH, Sterling Lumber, Schilliger Holz AG, XLaam Ltd., Binderholz, Mayr-Melnhof Holz, and Stora Enso. Expansion is being focused on to sustain themselves. For instance - Derix Group, in Jul 2018, did announce expanding its production capacity by having built an extra cross laminated timber hall in its premises in Germany.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/25432

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North America Cross Laminated Timber Market is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028 here

News-ID: 2611354 • Views:

More Releases from Persistence Market Research

Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, Magna, Continental, and ZF Leading Market Growth
Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, M …
The Automotive Parts Aftermarket has become a critical component of the global automotive ecosystem. According to Persistence Market Research, the market size reached US$ 548.5 billion in 2022 and is projected to expand to US$ 576.5 billion in 2023. With the replacement parts segment expected to achieve a total value of US$ 984.7 billion by 2033, the market is set to grow at a CAGR of 5.5% from 2023 to
Centrifugal Pumps Market Set to Reach US$ 55.7 Billion by 2032, Insights from Persistence Market Research
Centrifugal Pumps Market Set to Reach US$ 55.7 Billion by 2032, Insights from Pe …
The global centrifugal pumps market is poised for significant expansion, with the market projected to grow from US$ 41.2 billion in 2025 to reach US$ 55.7 billion by 2032, reflecting a CAGR of 4.4%. The growth is primarily fueled by increasing demand for efficient water management solutions across agriculture, industrial manufacturing, and municipal services. Centrifugal pumps play a crucial role in ensuring seamless fluid transfer, reducing energy consumption, and maintaining
CAR T-cell Therapy Market to Touch US$24 Billion by 2032, Reports Persistence Market Research
CAR T-cell Therapy Market to Touch US$24 Billion by 2032, Reports Persistence Ma …
The global CAR T-cell therapy market is experiencing transformative growth, projected to expand from an estimated US$5.8 billion in 2025 to US$24 billion by 2032, reflecting a compound annual growth rate (CAGR) of 25% during the forecast period from 2025 to 2032. This growth trajectory is being driven by a confluence of factors, including rising cancer prevalence, especially hematologic malignancies, and continuous advancements in gene-editing technologies and immunotherapy. As these
Hydraulic Fluid Connector Market Technological Innovations, Efficiency Drivers, and Emerging Opportunities Shaping Fluid Power Systems
Hydraulic Fluid Connector Market Technological Innovations, Efficiency Drivers, …
Hydraulic fluid connectors are used only in fluid power and piping systems for efficient operation in industrial fluid networks. A hydraulic fluid connector is deployed in these systems to increase the total machine performance irrespective of applications. Hydraulic fluid connectors are used to enhance uptime in the remote applications such as oil and gas drilling, pipeline installation and mining. Innovations in the offering of tearout-proof technology for hydraulic

All 5 Releases


More Releases for Cross

Platelet and Plasma markets Share Trends Analysis Growth: America's Blood Center …
Rising incidence of haemophilia, thrombocytopenia, autoimmune diseases as well as other infectious and rare disease will serve to be a key driver for the platelet and plasma market growth. According to American Academy of Neurology, plasma can be used for treatment of various neurological conditions. Plasma exchange process involves replacing plasma in a person’s blood. This process can be used for treatment of conditions such as inflammatory dysimmune neuropathies, multiple
Platelet and Plasma Market 2018: Study on Top Players | America’s Blood Center …
Platelet and Plasma Market size is set to exceed USD 6.5 billion by 2024; according to a new research report by Global Market Insights. Increasing prevalence of chronic diseases such as liver cirrhosis, non-alcoholic steato-hepatitis (NASH) hepatocellular carcinoma and other liver diseases will fuel the market growth during the foreseeable years. Liver diseases are the fifth most common cause of mortality across the world. According to American Association for the Study
Platelet and Plasma Market Prominent Players – America’s Blood Centers, Amer …
Platelet and Plasma Market size is set to exceed USD 6.5 billion by 2024; according to a new research report by Global Market Insights. Increasing prevalence of chronic diseases such as liver cirrhosis, non-alcoholic steato-hepatitis (NASH) hepatocellular carcinoma and other liver diseases will fuel the market growth during the foreseeable years. Liver diseases are the fifth most common cause of mortality across the world. According to American Association for the
Platelet and Plasma Market : Illustrious Companies - America’s Blood Centers, …
Platelets And Plasma Market will exceed USD 6.5 billion by 2024; as per a new research report. Increasing number of blood transfusion in regions such as Europe will drive the growth of platelets and plasma market over the forecast period. Millions of people receive donated blood and its components each year. As per the statistics of the European commission over 20 million units of blood or blood components were transfused in
Platelet and Plasma Market : Study on Key Players | America’s Blood Centers, A …
Platelet and Plasma Market size is set to exceed USD 6.5 billion by 2024; according to a new research report by Global Market Insights.Growing number of blood transfusions globally is another impact rendering factor for the growth of platelets and plasma market. According to European commission’s 2017 annual report, more than 25 million units of blood and blood components were being issued for the purpose of transfusion in Europe. Blood
Platelet and Plasma Market : Study on Eminent Players | America’s Blood Center …
Platelet and Plasma Market size is set to exceed USD 6.5 billion by 2024; according to a new research report by Global Market Insights. Increasing prevalence of chronic diseases such as liver cirrhosis, non-alcoholic steato-hepatitis (NASH) hepatocellular carcinoma and other liver diseases will fuel the market growth during the foreseeable years. Liver diseases are the fifth most common cause of mortality across the world. According to American Association for the Study