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Global Cross Laminated Timber Market Share, Size, Price Trends And Forecast 2018-2023


Get more information about the market: IMARC Group’s latest report titled, “Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global market for cross-laminated timber reached a value of US$ 545.2 Million in 2017, growing at a CAGR of 16% during 2010-2017. Request a sample report: Browse more reports on Chemical & Materials industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Cross Laminated Timber Market Share, Size, Price Trends And Forecast 2018-2023

Global Cross Laminated Timber Market Catalysed by
Government Support
Copyright IMARC. All Rights Reserved
About IMARC Group
IMARC is a leading advisor on management strategy
and market research worldwide. We partner with
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Report Description and Highlights
Global Cross Laminated Timber Market Catalysed by
Government Support The global cross laminated
timber market is growing at a healthy rate as
they are environment-friendly and can be easily
installed. Owing to this, cross laminated timber
is now being increasingly used in the
construction industry which has further given
impetus to the market. 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, titled Cross Laminated Timber
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
estimates that the market was worth US 545
Million in 2017. The report further anticipates
the market to reach a value of approximately US
1196 Million by 2023, at a projected CAGR of 14
over the forecast period.
Report Description and Highlights
Report Description and Highlights
  • 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
  • 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
  • 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.

Read full report _at_ https//
Report Description and Highlights
  • Application Insights
  • Residential represents the largest application
    segment in the cross-laminated timber market.
    Residential is followed by educational
    institutes, government/public buildings and
    commercial spaces.
  • Regional Insights
  • On a geographical front, Europe enjoys a leading
    position in the global cross-laminated timber
    market on account of its high demand in the
    region. In Europe, Australia exhibits a clear
    dominance in the market. It is followed by North
    America (including the United States and Canada).
  • Competitive Landscape
  • The market is concentrated with the presence of
    large manufacturers who compete in terms of
    prices and quality. There is an intense
    competition in the market which makes it
    difficult for new players to survive. Some of
    the leading players operating in the market are
  • Stora Enso
  • KLH
  • Binderholz
  • Mayr Melnhof
  • Hasslacher
  • Request Sample Of The Report https//www.imarcgro

Report Description and Highlights
Browse more related reports
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Report Description and Highlights
2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by
information storage or retrieval, or by any other
form, without the express consent of
International Market Analysis Research and
Consulting (IMARC). Disclaimer All contents and
data of this publication, including forecasts,
data analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
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trademarks of International Market Analysis
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