Press release
Commercial and Institutional Industrial is slated to reach US$ 708.4 Mn in the year 2022 and witness a decent CAGR of 6.3% from 2022 to 2026
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 Commercial and Institutional Industrial is slated to reach US$ 708.4 Mn in the year 2022 and witness a decent CAGR of 6.3% from 2022 to 2026 here
News-ID: 2635007 • Views: …
More Releases from Persistence Market Research
Laboratory Electronic Balance Market Expected to Witness Impressive Growth at a …
The laboratory electronic balance market plays a crucial role in ensuring precise and accurate measurement of mass across a wide range of scientific, industrial, and academic applications. These instruments are extensively used in pharmaceutical research, biotechnology, chemical analysis, food testing, and material sciences. They offer superior sensitivity, user-friendly digital interfaces, and high repeatability, making them indispensable in laboratories where precision is critical.
Request a Sample: https://www.persistencemarketresearch.com/samples/3189
According to the latest study…
Biological Safety Testing Market to Register High CAGR of 11.3% Through 2032
The global biological safety testing market is poised for significant growth in the coming years, with market valuation expected to rise from USD 4.85 billion in 2025 to USD 10.26 billion by 2032, registering a robust compound annual growth rate (CAGR) of 11.3% during the forecast period. This growth trajectory is primarily fueled by the increasing demand for biopharmaceuticals, stringent regulatory requirements across the globe, and rapid advancements in biotechnology…
Beverage Refrigeration Equipment Market Innovations, Efficiency, and Emerging Tr …
The global beverage refrigeration equipment market is witnessing rapid growth as businesses and consumers increasingly demand efficient, reliable, and technologically advanced solutions for cooling beverages. Beverage refrigeration equipment, ranging from commercial coolers and display refrigerators to industrial-grade storage units, plays a pivotal role in maintaining product quality, freshness, and consumer satisfaction.
The global beverage refrigeration equipment market size is likely to be valued at US$2.2 Bn in 2025 and is…
U.S. CMO/CDMO Market Forecast Highlights Significant CAGR of 8.7% from 2025-2032
The U.S. Contract Manufacturing Organization (CMO) and Contract Development and Manufacturing Organization (CDMO) market is poised for robust expansion, driven by growing demand across pharmaceutical and biopharmaceutical sectors. Valued at approximately US$83.1 billion in 2025, the market is projected to reach US$149.4 billion by 2032, registering a compound annual growth rate (CAGR) of 8.7% during the forecast period. This growth trajectory reflects increased outsourcing of key drug development and manufacturing…
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…
