Cross Laminated Timber Market
Cross Laminated Timber Market Size, Share, Industry Analysis Report By Product (Adhesive Glued, Mechanically Joined), By Application (Walls, Floors, Furniture, Ceilings, Roofs, Bridges, Pavilions) - Regional Forecast 2018-2028
Analysis of Cross Laminated Timber Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cross Laminated Timber Market: An Overview
The cross laminated timber is a wood panel (similar to plywood) product produced from bonding layer of lumber together. The one layer of boards is perpendicularly attached to another by glue and builds the strong laminated sheet. The cross laminated timber is cost-effective for commercial building projects, due to the availability in all dimensions and high load-bearing capabilities.
As compared to the plywood, cross laminated timber is rich in properties such as strength, versatility, and sustainability. Even though the cost of the cross laminated timber market is more as compared to plywood, reasons such as minimum construction time, better quality, and cleaning can be taken into considerations when making a choice.
The cross laminated timber is helpful in easy and quick construction of wooden houses with minimal human resources. Owing to the aesthetic appeal and decorative designs, the cross laminated timber is the most favorable choice in the building and construction industry. Due to its stability and rigidity properties, cross laminated timber boards make an active lateral load resisting system. Due to the thickness of cross laminated timber, it provides resistance from fire and degradation.
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Cross Laminated Timber Market: Dynamics
The cross laminated timber market is expected to witness growth during the forecast period. The constructors and builders are moving towards cross laminated timber market due to the design and comfortable construction. The time consumption and secured construction are possible due to the cross laminated timber.
The manufacturers in the timber industries are showing interest in the making of cross laminated timber market. The spending power of people on the design and decoration of the houses and offices are helping to boost the cross laminated timber market. The cross laminated timber market is expected to grow with the growth of the building and construction industry. The manufacturers are engaging in the research and development in cross laminated timber production to reduce the cost and improve the strength. Cross laminated timber is suitable for construction purposes in the earthquake-prone areas due to its survival property in the earthquake.
Cross Laminated Timber Market: Regional Outlook
Europe is the largest consumer of cross laminated timber market. In the European cross laminated timber market, Germany and Austria are anticipated to witness the rise in market share. Germany is the leading consumer of cross laminated timber, due to its use in the building and construction sector. North America is the second largest market for cross laminated timber market. The U.S. is using cross laminated timber for the decoration and fast paced construction. The presence of significant number of manufacturers in cross laminated timber is the beneficial factor for Europe. The European market is growing due to the economic and easy availability of cross laminated timber market. The APAC is showing more interest in the cross laminated timber, due to its cost-effectiveness. The quality to withstand in an earthquake condition can be expected to become the driver for the growth of cross laminated timber market in earthquake-prone regions. The Latin America and Middle East & Africa are expected to witness sluggish growth in the cross laminated timber market. The reason behind the slow growth in these regions is- less knowledge and unavailability of cross laminated timber.
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Global Cross Laminated Timber Market: Key Players
Examples of some of the key players operating in the global Cross Laminated Timber Market are:
- Mayr-Melnhof Holz Holding AG
- Structurlam Mass Timber Corporation
- HASSLACHER Holding GmbH
- Ed. Züblin AG
- Binderholz Bausysteme GmbH
- Eugen Decker Holzindustrie KG
- KLH Massivholz GmbH
- Sterling Lumber Company
- Nordic Structures
- W. u. J. Derix GmbH & Co
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Global Cross Laminated Timber Market: Segmentation
Globally, the cross laminated timber market has been segmented as follows:
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On the basis of the product, the global cross laminated timber market is segmented as:
- Adhesive Glued
- Mechanically Joined
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On the basis of application, the global cross laminated timber market is segmented as:
- Walls
- Floors
- Furniture
- Ceilings
- Roofs
- Bridges
- Pavilions
- Others
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Product
- 6.2. Application
- 7. Global Market Analysis and Forecast, By Product
- 7.1. Adhesive Glued
- 7.2. Mechanically Joined
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Walls
- 8.2. Floors
- 8.3. Furniture
- 8.4. Ceilings
- 8.5. Roofs
- 8.6. Bridges
- 8.7. Pavilions
- 8.8. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. Asia Pacific
- 9.6. East Asia
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Product and Application for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Mayr-Melnhof Holz Holding AG
- 19.2. Structurlam Mass Timber Corporation
- 19.3. HASSLACHER Holding GmbH
- 19.4. Ed. Züblin AG
- 19.5. Binderholz Bausysteme GmbH
- 19.6. Eugen Decker Holzindustrie KG
- 19.7. KLH Massivholz GmbH
- 19.8. Sterling Lumber Company
- 19.9. Nordic Structures
- 19.10. W. u. J. Derix GmbH & Co
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Product
Table 03: Global Market US$ Mn Forecast by Application
Table 04: North America Market US$ Mn Forecast by Country
Table 05: North America Market US$ Mn Forecast by Product
Table 06: North America Market US$ Mn Forecast by Application
Table 07: Latin America Market US$ Mn Forecast by Country
Table 08: Latin America Market US$ Mn Forecast by Product
Table 09: Latin America Market US$ Mn Forecast by Application
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Product
Table 12: Western Europe Market US$ Mn Forecast by Application
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Product
Table 15: Eastern Europe Market US$ Mn Forecast by Application
Table 16: Asia Pacific Market US$ Mn Forecast by Country
Table 17: Asia Pacific Market US$ Mn Forecast by Product
Table 18: Asia Pacific Market US$ Mn Forecast by Application
Table 19: East Asia Market US$ Mn Forecast by Country
Table 20: East Asia Market US$ Mn Forecast by Product
Table 21: East Asia Market US$ Mn Forecast by Application
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Product
Table 24: MEA Market US$ Mn Forecast by Application
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 04: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 07: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 08: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 17: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 18: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 20: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What will be the demand outlook for cross laminated timber market?
• What will be the demand outlook for cross laminated timber market? The cross laminated timber market is expected to garner a market value of US$ 2.7 Billion by the end of 2028.
Which region will spearhead the growth in cross laminated timber market?
Europe is expected to possess 60% market share for cross laminated timber market in the forecast period 2018-2028.
What is the anticipated growth of the cross laminated timber market until 2028?
The cross laminated timber market is expected to register a CAGR of 12.5% in the forecast period 2018-2028.
How Much is the Cross Laminated Timber Market Likely to be Worth in 2022?
The cross laminated timber market is worth US$ 1.1 billion in 2022.
Why does the Cross Laminated Timber Market have High Growth Potential?
The cross laminated timber market is expected to have a CAGR of 15.% through 2032 owing to the rising cross laminated timber market.
Where will Manufacturers find Most Opportunities in the Cross Laminated Timber Market?
The cross laminated timber market has fresh opportunities due to growth of the building and construction industry.
Cross Laminated Timber Market