Expected growth of Cross Laminated Timber (CLT) Market in 2023

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Cross Laminated Timber (CLT)

(North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Report provides actionable intelligence on major factors impacting the market; analyses the market performance of key companies in the market; market dynamics of key segments within the market; outlines the market performance across regions. The insights of the industry over past years and a forecast until 2023 is provided. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Cross-laminated timber (CLT) is an engineered wood product that is rapidly gaining popularity in Europe Others and Austria as a sustainable alternative to concrete and steel construction in commercial and multi-residential applications. The system consists of multilayer panels made from solid wood boards stacked crosswise and glued together. The cross-laminated configuration improves rigidity, dimensional stability, and mechanical properties. Structurally, CLT offers performance comparable to concrete or steel, with panels suitable for use as walls, floors, and roofs and other applications.

Top keyplayers inCross Laminated Timber (CLT) market :

Stora Enso, Binderholz, KLH Massivholz GmbH, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica, Merk Timber, Lignotrend, Eugen Decker, Thoma Holz, Schilliger Holz, W. u. J. Derix, HMS Bausysteme, Structurlam

 

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 This report focuses on the Cross Laminated Timber (CLT) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Cross-laminated timber (CLT) is an engineered wood product that is rapidly gaining popularity in Europe and North America as a sustainable alternative to concrete and steel construction in commercial and multi-residential applications. Generally, there are two types of cross-laminated timber (CLT) such as adhesive-bonded CLT and mechanically fastened CLT. Adhesive-bonded CLT is a common cross-laminated timber (CLT). In 2016, sales of adhesive-bonded CLT took a share of 91.38%.Global major cross-laminated timber (CLT) production regions are Austria, Germany and other Europe region. Austria is a largest produce country. Global consumption regions are also concentrated in Europe. In 2016, Austria consumed about 41.40% of global total consumption. Germany consumed about 169.6 K Sq.m, with a share of 15.55%.The worldwide market for Cross Laminated Timber (CLT) is expected to grow at a CAGR of roughly 9.1% over the next five years, will reach 980 million US$ in 2023, from 640 million US$ in 2017, according to a new GIR (Global Info Research) study.

WHAT WE PROVIDE IN THIS REPORT?

(North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) market along with Report Research Design:

(North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Types:

  • Adhesive-bonded CLT
  • Mechanically Fastened CLT

    (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Applications:

  • Residential Building
  • Commercial Building
  • Institutional Building
  • Industrial Facility

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    (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Historic Data (2013-2017):

    • Industry Trends:Global Revenue, Status and Outlook.
    • Competitive Landscape: By Manufacturers, Development Trends.
    • Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
    • Market Segment: By Types, By Applications, By Regions/ Geography.
    • Sales Revenue: Market Share, Growth Rate, Current Market Analysis.

    (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Influencing Factors:

    • Market Environment:Government Policies, Technological Changes, Market Risks.
    • Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

    (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Cross Laminated Timber (CLT) Market Forecast (2018-2023):

    • Market Size Forecast:Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
    • Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price

    WHAT ARE THE REGIONS ARE COVERED IN THIS REPORT?

     

    World Map

    • North America (United States, Canada and Mexico)
    • Europe (Germany, France, UK, Russia and Italy)
    • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    • South America (Brazil, Argentina, Colombia etc.)
    • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    “Every day we’re saying, ‘How can we keep the customer happy? How can we get ahead in innovation by doing this?’… because if we don’t, somebody else will.” ~ Bill Gates, Microsoft

     

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