2019-2024 Global and Regional Cross-laminated Timber Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

Projects that the Cross-laminated Timber market size will grow from XX Million USD in 2018 to XX Million USD by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Cross-laminated timber (CLT) is also known as X-lam or massive timber. It is a prefabricated engineered wood panel made of three to four layers of solid-sawn lumber or composite lumber. Composite lumber is well-laminated through gluing of longitudinal and transverse layers by using structural adhesives to form solid, rectangle-shaped, straight, and plane timber. Cross-laminated timber was first developed and used in Germany and Austria in the early 1990s. Extensive research on the product was conducted in the mid-1990s. By the 2000s, cross-laminated timber was being used much widely in Europe, in single-storied as well as multi-storied buildings. Cross-laminated timber is still a new concept. There is little specific technical documentation for the erection of structures designed and built with it. In most parts of the world, concrete and steel are largely used. Producers of cross-laminated timber are unable to compete with steel and concrete in case of high-rise buildings. Certain governments have restricted the use of wood as a structural material to construct high-rise buildings. In the U.S., the International Building Code (IBC) limits the usage of wood to four stories.

By Market Players:
Stora Enso, Mayr-Melnhof Holz Holding AG, Binderholz Bausysteme GmbH, KLH Massivholz GmbH, Hasslacher Holding GmbH, Structurlam Mass Timber Corporation, Nordic Structures, Ed. Züblin AG, Eugen Decker Holzindustrie KG, Sterling Lumber Company, W. u. J. Derix GmbH & Co. ,

By Type
Adhesive-bonded Cross-laminated Timber, Mechanically Fastened Cross-laminated Timber ,

By Application
Residential Buildings, Educational Institutes, Government/Public Buildings, Industrial & Commercial Spaces ,

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