Press release
Cross-Laminated Timber Market 2022 | Size, Demand, Industry Trends and Forecast to 2027
According to IMARC Group's latest report, titled "๐๐ฟ๐ผ๐๐-๐๐ฎ๐บ๐ถ๐ป๐ฎ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฏ๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ๐ฎ-๐ฎ๐ฌ๐ฎ๐ณ", the global cross-laminated timber market size reached 1,853,437 Cubic Metres in 2021. Looking forward, IMARC Group expects the market to reach 3,777,532 Cubic Metres by 2027, exhibiting at a CAGR of 12.4% during 2022-2027.๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
๐๐ฟ๐ผ๐๐-๐๐ฎ๐บ๐ถ๐ป๐ฎ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฏ๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
Cross-laminated timber (CLT), or XLam, is a pre-assembled, engineered wood lumber that is used as a common alternative to concrete, masonry, and steel. It is composed of two or more layers of structural composite or solid-sawn wood that are cross-oriented, adjoined, and stacked together mechanically with various glue and adhesives to offer enhanced rigidity and dimensional stability. CLT is reliable, easily installable, corrosion-resistant, and offers high load-carrying capacity with enhanced thermal and acoustic insulation qualities. As a result, CLT is extensively employed as load-bearing components and in building frames for the construction of floors, roofs, and walls of residential and commercial complexes.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant/requestsample
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฟ๐ผ๐๐-๐๐ฎ๐บ๐ถ๐ป๐ฎ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฏ๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
The growth of the global CLT market can be attributed to ongoing infrastructural projects and the increasing need for lightweight and stable construction materials with flexible design and modern architecture as a suitable alternative to steel and concrete. Furthermore, the escalating environmental concerns have encouraged governments to promote the uptake of diverse, sustainable building materials, which is favoring the market growth. Owing to such green initiatives, manufacturers are engineering eco-friendly cross-laminated timber to reduce carbon emissions. Moreover, the widespread incorporation of bamboo and softwood as substitute raw materials for producing create CLT with improved product performance is positively stimulating the market growth. Besides this, rapid urbanization, a rise in the demand for green buildings, and significant technological advancements in the manufacturing processes to fabricate high-quality CLT with soundproofing properties are supporting the market growth.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=602&method=1
๐๐ฟ๐ผ๐๐-๐๐ฎ๐บ๐ถ๐ป๐ฎ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฏ๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฎ-๐ฎ๐ฌ๐ฎ๐ณ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
The competitive landscape of the cross-laminated timber market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
โข Stora Enso
โข KLH
โข Binderholz
โข Mayr Melnhof
โข Hasslacher
โข XLam Limited
โข Sterling Lumber
โข Shilliger Holz AG
โข Eugen Decker Holzindustrie KG
โข Structurlam
โข SmartLam
โข Meiken Lamwood Corp.
Key Market Segmentation:
The report has segmented the cross laminated timber 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.
Breakup by Application:
โข Residential
โข Educational Institutes
โข Government/Public Buildings
โข Commercial Spaces
Breakup by Product Type:
โข Custom CLT
โข Blank CLT
Breakup by Element Type:
โข Wall Panels
โข Flooring Panels
โข Roofing Slabs
โข Others
Breakup by Raw Material Type:
โข Spruce
โข Pine
โข Fir
โข Others
Breakup by Bonding Method:
โข Adhesively Bonded
โข Mechanically Fastened
Breakup by Panel Layers:
โข 3-Ply
โข 5-Ply
โข 7-Ply
โข Others
Breakup by Adhesive Type:
โข PUR (Polyurethane)
โข PRF (Phenol Resorcinol Formaldehyde)
โข MUF (Melamine-Urea-Formaldehyde)
โข Others
Breakup by Press Type:
โข Hydraulic Press
โข Vacuum Press
โข Pneumatic Press
โข Others
Breakup by Storey Class:
โข Low-Rise Buildings (1-4 Storeys)
โข Mid-Rise Buildings (5-10 Storeys)
โข High-Rise Buildings (More than 10 Storeys)
Breakup by Application Type:
โข Structural Applications
โข Non-Structural Applications
Breakup by Region:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant
Key Highlights of the Report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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