European Cross Laminated Timber Market Size, Industry Overview, Trends, Regional Analysis and Forecast 2023-2028

According to the latest report by IMARC Group, titled "𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗖𝗿𝗼𝘀𝘀-𝗟𝗮𝗺𝗶𝗻𝗮𝘁𝗲𝗱 𝗧𝗶𝗺𝗯𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮3-𝟮𝟬𝟮8", The European cross-laminated timber market size reached 1.6 Million Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 2.9 Million Cubic Metres by 2028, exhibiting a growth rate (CAGR) of 11.15% during 2023-2028. 

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗖𝗿𝗼𝘀𝘀-𝗟𝗮𝗺𝗶𝗻𝗮𝘁𝗲𝗱 𝗧𝗶𝗺𝗯𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Cross-laminated timber, or CLT, refers to an engineered wood product that is generally produced by stacking layers of wood panels in perpendicular directions and fastening them together. This crosswise arrangement aids in increasing the structural strength, dimensional stability, load-bearing capacity, and rigidity of the wood panels while minimizing their shrinkage and swelling. In line with this, CLT provides optimal performance as compared to concrete or steel. It is also utilized for numerous residential and commercial applications, either in combination with other various building materials and wood products or as a standalone system.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/european-cross-laminated-timber-market/requestsample

𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗖𝗿𝗼𝘀𝘀-𝗟𝗮𝗺𝗶𝗻𝗮𝘁𝗲𝗱 𝗧𝗶𝗺𝗯𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

The widespread adoption of green building materials is among the key factors stimulating the Europe cross-laminated timber market. Moreover, the escalating demand for CLT across the construction sector, owing to its shorter construction time, fast installation, affordability, etc., is acting as another significant growth-inducing factor. Besides this, the growing utilization of cross-laminated timber for building several types of structures, including powerline towers, houses, barns, bridges, high-rise apartments, office buildings, etc., is positively influencing the regional market. Furthermore, CLT panels that help in reducing the amount of carbon dioxide available in the environment by trapping more than 1500 kg of CO2 per ton, which is also propelling the market growth. Apart from this, the increasing consumer environmental consciousness is further bolstering the market growth. Additionally, the inflating popularity of eco-friendly wooden panels, extensive investments in R&D activities by leading manufacturers, and improved distribution channels are expected to fuel the European cross-laminated timber market over the forecasted period.

Inquire before buying: https://www.imarcgroup.com/request?type=report&id=754&flag=F

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗪𝗶𝘁𝗵 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:

The market is concentrated in nature with the presence of a small number of manufacturers which limits the degree of competition in the market.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲𝘀𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:

• Stora Enso Oyj
• KLH Massivholz GmbH
• Binderholz GmbH
• Mayr Melnhof Karton AG
• Hasslacher Holding GmbH

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻:

• Residential
• Educational Institutes
• Government/Public Buildings
• Commercial Spaces

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗧𝘆𝗽𝗲:

• Custom CLT
• Blank CLT

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗘𝗹𝗲𝗺𝗲𝗻𝘁 𝗧𝘆𝗽𝗲:

• Wall Panels
• Flooring Panels
• Roofing Slabs
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗥𝗮𝘄 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗧𝘆𝗽𝗲:

• Spruce
• Pine
• Fir
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗕𝗼𝗻𝗱𝗶𝗻𝗴 𝗠𝗲𝘁𝗵𝗼𝗱:

• Adhesive Bonded
• Mechanically Fastened

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗣𝗮𝗻𝗲𝗹 𝗟𝗮𝘆𝗲𝗿𝘀:

• 3-Ply
• 5-Ply
• 7-Ply
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗔𝗱𝗵𝗲𝘀𝗶𝘃𝗲 𝗧𝘆𝗽𝗲:

• PUR (Polyurethane)
• PRF (Phenol Resorcinol Formaldehyde)
• MUF (Melamine-Urea-Formaldehyde)
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗣𝗿𝗲𝘀𝘀 𝗧𝘆𝗽𝗲:

• Hydraulic Press
• Vacuum Press
• Pneumatic Press
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗦𝘁𝗼𝗿𝗲𝘆 𝗖𝗹𝗮𝘀𝘀:

• Low-Rise Buildings (1-4 Storeys)
• Mid-Rise Buildings (5-10 Storeys)
• High-Rise Buildings (More than 10 Storeys)

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗧𝘆𝗽𝗲:

• Structural Applications
• Non-Structural Applications

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗥𝗲𝗴𝗶𝗼𝗻:

• Austria
• Germany
• Italy
• Switzerland
• Czech Republic
• Spain
• Norway
• Sweden
• United Kingdom
• Others

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/request?type=report&id=754&flag=C

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

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𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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This release was published on openPR.