Cross Laminated Timber Size, Share, Growth, Demand, Emerging Trends and Forecast by 2028


Cross laminated timber (CLT) market will grow at a rate of 15.15% for the forecast period of 2021 to 2028. Rise in the supportive regulatory environment acts as a vital factor driving the growth of cross laminated timber (CLT) market.

Cross-laminated timber (CLT) is defined as an engineered wood product which is rapidly gaining popularity across the globe as a sustainable alternative to steel construction and concrete in commercial and multi-residential applications. The system comprises of multilayer panels made from solid wood boards stacked crosswise and glued together. The cross-laminated configuration helps in improving dimensional stability, rigidity, and mechanical properties.


The major players covered in the laminated timber (CLT) market report are ante-Group, Stora Enso, KLH Massivholz GmbH, Binderholz GmbH, Mayr-Melnhof Holz Holding AG, HASSLACHER Holding GmbH, Structurlam Mass Timber Corporation, Ed. Züblin AG, Eugen Decker & WebMan, Sterling Lumber, W. u. J. Derix GmbH & Co and PFEIFER GROUP, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Laminated Timber (CLT) Market Scope and Market Size:

Laminated timber (CLT) market is segmented on the basis of raw materials, press type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • Based on raw material, the laminated timber (CLT) market is segmented into spruce, fir, pine and larch.
  • Based on press type, the laminated timber (CLT) market is segmented into hydraulic, vacuum, pneumatic and nails.
  • The laminated timber (CLT) market is also segmented on the basis of application into residential, commercial and industrial.


Laminated Timber (CLT) Market Country Level Analysis

Laminated timber (CLT) market is analysed and market size, volume information is provided by country, raw materials, press type and application as referenced above.

The countries covered in the laminated timber (CLT) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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