CROSS LAMINATED TIMBER MARKET ON TRACK FOR REMARKABLE GROWTH BY 203

 

CROSS LAMINATED TIMBER MARKET ON TRACK FOR REMARKABLE GROWTH BY 2030 | STORA ENSO, MAYR-MELNHOF, BINDERHOLZ

The latest report by Congruence Market Insights, titled 'Global Cross Laminated Timber Market – Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2023 – 2030,' provides a thorough analysis of the global cross laminated timber market. The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as new product launches or approvals, as well as the influence of external factors such as the COVID-19 pandemic and the Russia-Ukraine War on the cross laminated timber market landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving cross laminated timber industry.

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What is the anticipated market size in 2030, along with the major drivers, restraints, and opportunities?

According to the in-depth market study, the global cross laminated timber market is anticipated to reach a value of USD 2,624.8 Million by 2030 expanding at a CAGR of 9.4% between 2023 and 2030. The global cross-laminated timber, or CLT, market is being driven by tighter environmental regulations, an increase in demand for sustainable building materials, and technical advancements in the construction industry. Restraints are imposed, nevertheless, by issues such as fire safety worries and the initial expense of CLT. There are opportunities to work with architects, enter new markets, and do ongoing research to improve properties, all of which will solidify CLT's standing as a major force in cutting-edge, ecologically friendly building techniques.

 

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Scope of the Report:

 

► Executive Summary

► Demand and Supply-side Trends

► Market Drivers, Restraints, Opportunities and Challenges

► Value Chain Analysis

► Porter’s Five Forces Analysis

► Industry SWOT Analysis

► COVID-19 Impact Assessment

► PESTLE Analysis

► Global Market Size and Forecast

► Regional Market Size and Forecast (Cross-country Analysis)

► Competition Landscape

► Company Profiles

 

Competition Landscape

 

The market for cross-laminated timber (CLT) is highly competitive, with both long-standing firms and recent arrivals. Important players in the market, such as suppliers and manufacturers, are concentrating on R&D to improve their product offerings and keep a competitive advantage. The use of technology, sustainable building practices, and partnerships with architects are important tactics. The competitive climate in the market is dynamic and ever-changing, shaped by elements including cost competitiveness, product innovation, and the capacity to comply with strict sustainability criteria. Below are some of the leading players operating in the market:

 

>> Stora Enso Oyj

>> Mayr-Melnhof Holz Holding AG

>> Binderholz GmbH

>> XLam

>> Sterling Company

>> Schilliger Holz AG

>> KLH Massivholz GmbH

>> B&K Structures

>> Eugen Decker & WebMan

>> Structurlam Mass Timber Corporation

>> SmartLam NA

>> MEIKEN LAMWOOD Corp

 

Comprehensive Market Segmentation:

 

∆ By Product Type (Custom CLT, Blank CLT)

∆ By Application (Residential, Educational Institutes, Government/Public Buildings, Commercial Spaces)

∆ By Panel Layers (3-Ply, 5-Ply, 7-Ply, and Others)

∆ By Adhesive Type (PUR (Polyurethane), PRF (Phenol Resorcinol Formaldehyde), MUF (Melamine-Urea-Formaldehyde), and Others)

∆ By Press Type (Hydraulic Press, Vacuum Press, Pneumatic Press, and Others)

∆ By Storey Class (Low-Rise Buildings (1-4 Storeys), Mid-Rise Buildings (5-10 Storeys), High-Rise Buildings (More than 10 Storeys))

 

Market Segmentation by Geography including:

 

∆ North America: U.S., Canada and Mexico

∆ Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

∆ Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

∆ South America: Brazil, Argentina, and Rest of Latin America

∆ Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

 

Contact Us:

Ms. Shalaka Dubey

Senior Sales Manager

Congruence Market Insights

Palo Alto, CA 94301, United States

Phone: +1 650-646-2623

Email: sales@congruencemarketinsights.com

 

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