Cross laminated timber (CLT) is a panel of wood, designed by gluing together layers of solid-sawn timber. The process offers improved dimensional stability to the product, in-plane and out-of-plane strength, stiffness and increases the splitting resistance. Over the years, cross laminated timber has replaced other concrete alternatives such as steel and masonry due to their cost effectiveness, easy and faster installation, high strength, etc. A new research report by IMARC Group, the market was worth US$ 564 Million in 2017. The report further anticipates the cross laminated timber (CLT) market to reach a value of approximately US$ 1.3 Billion by 2023, at a projected CAGR of  around 15% over the forecast period. 

Market Drivers/Constraints:

• The green building movement and other international initiatives are gaining momentum worldwide. Cross laminated timber is regarded as environment-friendly material which requires low energy consumptions as compared to its counterparts.
• The use of cross laminated timber offers structural capability and reduction in construction cost as well as time, making it apt for usage in all elements of construction such as walls, roofs, floor, etc.
• The consistent marketing efforts by manufacturers have also aided in creating awareness about the advantages of cross-laminated timber among consumers.
• However, there are several factors that hamper the market growth. Structures created using cross laminated timber require external support and added insulation. Moreover, any kind of future transformations with structure is difficult in comparison to the traditional constructional materials.

Request For Free Sample Pdf Copy @ https://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant/requestsample

Table of Contents:

1    Preface

2    Scope and Methodology

3    Executive Summary

4    Introduction

5    Global Cross Laminated Timber Industry

6    Performance of Key Regions

7    Market by Application

8    Market by Product Type

9    Market by Element Type

10    Market by Raw Material Type

11    Market by Bonding Method

12    Market by Panel Layers

13    Market by Adhesive Type

14    Market by Press Type

15    Market by Storey Class

16    Market by Application Type

17    Competitive Landscape

18    Global Cross Laminated Timber Industry: Environmental Impact/Benefit Analysis

19    Global Cross Laminated Timber Industry: Financial Impact/Benefit Analysis

20    Cross Laminated Timber Manufacturing Process

21    Project Details, Requirements and Costs Involved

22    Loans and Financial Assistance

23    Project Economics

24    Key Player Profiles

Browse related reports:

Russia Cross Laminated Timber Market Report and Forecast

European Cross-Laminated Timber Market Report and Forecast

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.

Contact Us

IMARC Group
Telo No: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal