Press release
Cross Laminated Timber Industry Expansion: From Timberlab's 190,000 sq ft Facility in Oregon to Japan's Expo Osaka Showcase - Market Poised for Strong Growth
The Cross-Laminated Timber Market is expected to grow at a CAGR of 14.4% during the forecasting period 2024-2031.The Cross Laminated Timber (CLT) market involves engineered wood panels made by stacking layers of timber at right angles. CLT offers high strength, stability, and sustainability, making it popular in construction. Growing adoption of green building materials drives market demand. Advantages like faster installation and reduced carbon footprint support growth. Rising investments in sustainable construction and regulatory support accelerate adoption.
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β Cross Laminated Timber Market Recent Developments 2025:
United States: Recent Industry Developments
β In February 2025, Timberlab broke ground on a new 190,000βsquareβfoot CLT manufacturing facility in Millersburg, Oregon. The facility aims to meet growing demand for mass timber panels and will be one of the largest in the U.S.
β In April 2025, Skanska completed the first mass timber broadcast facility in the U.S.-a $32 million, 35,000 sq ft structure for Cincinnati Public Radio built using 498 pieces of CLT erected in just 37 days.
β In June 2025, construction commenced on The Edison, a 32-story mass timber residential tower in Milwaukee, Wisconsin. When finished in 2026, it will be among the tallest CLT/high mass-timber structures in the country.
Japan: Recent Industry Developments
β In January 2025, Japan's CLT market was valued at about 89,823 cubic metres, with projections showing growth to ~225,192 cubic metres by 2033, reflecting a CAGR of nearly 10.8 %.
β In March 2025, research in Japan evaluated the out-of-plane bending performance of CLT panels made from Japanese cedar (Cryptomeria japonica), helping optimize future structural designs.
β In May 2025, preparations for Expo Osaka highlighted the Grand Ring-one of the world's largest wooden structures-featuring glulam and CLT elements sourced from regional forests, showcasing Japan's commitment to sustainable construction.
β Cross Laminated Timber Market Dynamics:
Cross laminated timber (CLT) adoption rises as sustainable construction gains traction; CLT offers fast construction, carbon sequestration benefits, and aesthetic appeal for mid-rise and high-rise timber buildings. Policies incentivizing low-carbon building materials promote CLT uptake.
Production scale, certification standards, and supply chain localization are critical to meeting construction timelines and cost targets. Advances in fire performance, acoustics, and hybrid construction methods expand CLT's applicability in urban projects.
β Cross Laminated Timber Market Major Companines and ROI Analysis:
Stora Enso, Binderholz Bausysteme GmbH, and Mayr-Melnhof Holz Holding AG, Stora Enso, KLH, Binderholz, Hasslacher, Structurlam Mass Timber Corporation, Eugen Decker Holzindustrie KG, Ed. Zublin AG, Schilliger Holz AG, W.u.J. Derix GmbH & Co., and Weinberger-Holz GmbH.
Research Methodology
We employ a hybrid approach, integrating qualitative insights with robust quantitative analysis to deliver comprehensive and reliable market intelligence. The process starts with extensive secondary research, leveraging trusted industry publications, proprietary databases, and credible market sources. This foundation is then strengthened through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.
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β Segment Covered in the Cross Laminated Timber Market:
By Type: Adhesive Bonded, Mechanically Fastened.
By End User: Residential Buildings, Commercial Spaces, Non-Residential, Government spaces, Others
β This Report Covers:
β Comprehensive go-to-market strategy insights.
β An unbiased evaluation of market performance.
β In-depth analysis of development trends, competitive landscape, supply and demand dynamics, year-on-year growth, competitive benchmarking, vendor mapping, market access, and overall development status.
β Customized regional and country-level reports available on request, including detailed localized analysis.
β Identification of potential and niche segments/regions showcasing strong growth opportunities.
β Application of both top-down and bottom-up approaches for accurate regional market analysis.
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β Regional Analysis for Cross Laminated Timber Market:
β₯ North America (U.S., Canada, Mexico)
β₯ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
β₯ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
β₯ South America (Colombia, Brazil, Argentina, Rest of South America)
β₯ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
β Frequently asked questions:
β What is the global sales, production, consumption, import, and export value of the Cross Laminated Timber Market?
β Who are the key global manufacturers, and what is their operational performance?
β What are the major opportunities and threats in the global Cross Laminated Timber Market?
β Which product types or end-users show the most growth potential and market share?
β What challenges and constraints are impacting the Cross Laminated Timber Market?
β What sales, marketing, and distribution channels are used globally?
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β Sustainability Impact Analysis
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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