Cross Laminated Timber (CLT) Market Growth 2019-2024
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.
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%.
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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%.
According to this study, over the next five years the Cross Laminated Timber (CLT) market will register a 9.1% CAGR in terms of revenue, the global market size will reach US$ 980 million by 2024, from US$ 640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cross Laminated Timber (CLT) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cross Laminated Timber (CLT) market by product type, application, key manufacturers and key regions and countries.
This study considers the Cross Laminated Timber (CLT) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Adhesive-bonded CLT
- Mechanically Fastened CLT
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Residential Building
- Commercial Building
- Institutional Building
- Industrial Facility
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- 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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cross Laminated Timber (CLT) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cross Laminated Timber (CLT) market by identifying its various subsegments.
Focuses on the key global Cross Laminated Timber (CLT) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cross Laminated Timber (CLT) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cross Laminated Timber (CLT) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
2019–2024 Global Cross Laminated Timber (CLT) Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cross Laminated Timber (CLT) Consumption 2014–2024
2.1.2 Cross Laminated Timber (CLT) Consumption CAGR by Region
2.2 Cross Laminated Timber (CLT) Segment by Type
2.2.1 Adhesive-bonded CLT
2.2.2 Mechanically Fastened CLT
2.3 Cross Laminated Timber (CLT) Consumption by Type
2.3.1 Global Cross Laminated Timber (CLT) Consumption Market Share by Type (2014–2019)
2.3.2 Global Cross Laminated Timber (CLT) Revenue and Market Share by Type (2014–2019)
2.3.3 Global Cross Laminated Timber (CLT) Sale Price by Type (2014–2019)
2.4 Cross Laminated Timber (CLT) Segment by Application
2.4.1 Residential Building
2.4.2 Commercial Building
2.4.3 Institutional Building
2.4.4 Industrial Facility
2.5 Cross Laminated Timber (CLT) Consumption by Application
2.5.1 Global Cross Laminated Timber (CLT) Consumption Market Share by Application (2014–2019)
2.5.2 Global Cross Laminated Timber (CLT) Value and Market Share by Application (2014–2019)
2.5.3 Global Cross Laminated Timber (CLT) Sale Price by Appl
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