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Cross Laminated Timber Market by Type (Adhesive Bonded, and Mechanically Fastened), Industry (Residential, and Non-residential), End Use (Structural, and Non-structural), & Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028

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    Report

  • 195 Pages
  • April 2023
  • Region: Global
  • Markets and Markets
  • ID: 5581822
Description Jump to:

The global cross laminated timber market size is projected to grow from USD 1.4 billion in 2023 to USD 2.6 billion by 2028, at a CAGR of 13.7%, between 2023 and 2028. The cross laminated timber market is mainly characterized by two main types: adhesive bonded, and mechanically fastened. Cross laminated timber has significant use in residential and non-residential end-use industries. The demand for environment-friendly materials from the construction industry and the rising need to improve performance, durability, and aesthetics are the key factors contributing to the growth of the cross laminated timber market. The growing investment in emerging markets is expected to create growth opportunities for the market players globally, driving the demand for cross laminated timber during the forecast period. However, stringent and time-consuming regulatory policies act as a challenge for the market players. 

Adhesive bonded segment is expected to account for the largest share in 2023

Cross laminated wood is creating significant disruption in the mass timber market. With its incorporation in the International Building Code, cross laminated wood is expected to disrupt the mass timber sector globally by aiding builders and architects in the building and design of taller structures. The application in the non-residential sector is expected to be critical on a global scale. The bulk of the adhesives used in cross laminated timber is PU adhesives, making it an even more enticing option because they are formaldehyde-free and have VOC content that is below legal limits. As regulatory standards tighten, demand for PU adhesive products is expected to climb.

The DACH nations (Germany (D), Austria (A), and Switzerland (CH)) have been driving forces in CLT growth, not only as originators of CLT goods but also as prominent CLT producers. Austria has seven CLT manufacturing sites, Germany has three, and Switzerland has two. Smaller manufacturing sites exist in Finland, Italy, Norway, Spain, and Sweden, and new CLT plants are being built in Finland, France, Sweden, and the United Kingdom.

Structural segment in end use is expected to account for the largest share in 2023

Prefabricated buildings or concurrently created structures can be employed in modern construction to save time. There are standards for headers above doors and window apertures when building walls. These headers support the load of the roof from the top and prevent the wall framework from drooping. Headers increase the strength and stability of constructions. As a result, the header gives an extra layer of security to structures and improves the functionality of windows and doors for extended periods of time. 

North American cross laminated timber market is estimated to register one of the highest CAGR during the forecast period 

The market for cross laminated timber in North America is driven by technological advancements in the construction industry. The US is projected to be the largest consumer of cross laminated timber products and accounted for the largest market share, in terms of value as well as volume, among the countries in the North American region. These companies primarily focus on new product developments to cater to the increasing demand from end users. The North American cross laminated timber market is driven by technological advancements in manufacturing and high-quality end product. 

The break-up of the profile of primary participants in the cross laminated timber market:

  • By Company Type: Tier 1 - 46%, Tier 2 - 43%, and Tier 3 - 27%
  • By Designation: C Level - 21%, D Level - 23%, and Others - 56%
  • By Region: North America - 37%, Asia Pacific- 26%, Europe - 23%, Middle East & Africa - 10%, and South America - 4%

Prominent companies includes Mayr-Melnhof Holz (Austria), Stora Enso (Finland), Binderholz GmbH (Austria), Eugen Decker Holzindustrie KG (Germany), Hasslacher Holding GmbH (Austria), Schilliger Holz AG (Switzerland), KLH Massivholz GmbH (Austria), Structurlam Mass Timber Corporation (Canada), XLam NZ Limited (New Zealand), and others.

Research Coverage:

This research report categorizes the cross laminated timber market by type (adhesive bonded, and mechanically fastened), by end use (structural, and non-structural), industry (residential and non-residential), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the cross laminated timber market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the cross laminated timber market. Competitive analysis of upcoming startups in the cross laminated timber market ecosystem is covered in this report. Reasons to buy this report: The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cross laminated timber market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report Provides insights on the following pointers:

  • Analysis of key drivers (Growing demand for sustainable raw material building and construction), restraints (volatility in raw material prices), opportunity (expansion in untapped markets), and challenges (stringent regulatory policies).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cross laminated timber market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the cross laminated timber market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cross laminated timber market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Mayr-Melnhof Holz (Austria), Stora Enso (Finland), Binderholz GmbH (Austria), Eugen Decker Holzindustrie KG (Germany), Hasslacher Holding GmbH (Austria), Schilliger Holz AG (Switzerland), KLH Massivholz GmbH (Austria), Structurlam Mass Timber Corporation (Canada), XLam NZ Limited (New Zealand), and others. The report also helps stakeholders understand the pulse of the cross laminated timber market and provides them information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Market Exclusions
1.2.2 Market Inclusions
1.3 Market Scope
Figure 1 Cross-Laminated Timber Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Cross-Laminated Timber Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primary Interviews
Figure 3 Breakdown of Primary Interviews
2.1.2.3 Primary Data Sources
2.1.2.4 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 5 Cross-Laminated Timber Market Size Estimation: Top-Down Approach
Figure 6 Market Size Estimation: Cross-Laminated Timber Market
Figure 7 Cross-Laminated Timber Market Size Estimation, by Region
Figure 8 Cross-Laminated Timber Market, by Type
2.2.3 Supply-Side Forecast
Figure 9 Cross-Laminated Timber Market: Supply-Side Forecast
Figure 10 Methodology for Supply-Side Sizing of Cross-Laminated Timber Market
2.2.4 Factor Analysis
Figure 11 Factor Analysis of Cross-Laminated Timber Market
2.3 Data Triangulation
Figure 12 Cross-Laminated Timber Market: Data Triangulation
2.4 Assumptions
2.5 Research Limitations
2.6 Growth Rate Forecast

3 Executive Summary
Table 1 Cross-Laminated Market Snapshot, 2023 Vs. 2028
Figure 13 Adhesive Bonded to Account for Larger Share of Cross-Laminated Timber Market
Figure 14 Non-Residential Industry to Capture Larger Market Share
Figure 15 Structural Segment to be Larger End Use of Cross-Laminated Timber
Figure 16 North America to be Fastest-Growing Cross-Laminated Timber Market
Table 2 Key Market Players

4 Premium Insights
4.1 Attractive Opportunities for Players in Cross-Laminated Timber Market
Figure 17 Cross-Laminated Timber Market to Witness Moderate Growth During Forecast Period
4.2 Cross-Laminated Timber Market Growth, by Type
Figure 18 Adhesive Bonded to be Faster-Growing Segment Between 2023 and 2028
4.3 Cross-Laminated Timber Market, Developed Vs. Developing Economies
Figure 19 Developing Economies to Witness Higher Growth During Forecast Period
4.4 Europe: Cross-Laminated Timber Market, by Industry and Country, 2022
Figure 20 Residential Segment and Germany Accounted for Largest Shares
4.5 Cross-Laminated Timber Market, by Country
Figure 21 China to Witness Highest Growth During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Net-Zero Design with Cross-Laminated Timber
5.2.1 Dynamic Thermal Performance
5.2.2 Reduced Thermal Bridging
5.2.3 Insulation Amount
5.2.4 Airtightness
5.3 Carbon Content of Cross-Laminated Timber
5.4 Cross-Laminated Timber Life Cycle Analysis
5.5 Reducing Co2 Emissions from Cross-Laminated Timber
5.5.1 Introduction
5.5.2 Lumber Sourcing
5.5.3 Air Dry Lumber
5.5.4 Upgrade Drying Kilns & Power
5.5.5 Use Interlocking Cross-Laminated Timber
5.5.6 Expose Cross-Laminated Timber Wood
5.5.7 Design Using Precise Panel Sizes
5.5.8 Reuse or Recycle Cross-Laminated Timber Panels at End-Of-Life
5.6 Benefits of Cross-Laminated Timber
5.6.1 Faster Construction
5.6.2 Competitive Cost
5.6.3 Structural Performance
5.6.4 Energy Efficient Assemblies
5.6.5 Lightweight Material
5.6.6 Natural Aesthetic of Wood
5.6.7 Alternative Lumber Utilization
5.6.8 May Reduce Co2 Emissions
5.6.9 Renewable Resource
5.7 Market Dynamics
Figure 22 Drivers, Restraints, Opportunities, and Challenges in Cross-Laminated Timber Market
5.7.1 Drivers
5.7.1.1 Growth of Construction Industry
5.7.1.2 Increasing Urban Population
5.7.1.3 Rising Demand from North America
5.7.1.4 Capacity Expansion for Increasing Demand
5.7.2 Restraints
5.7.2.1 Impact of War Between Russia and Ukraine
5.7.3 Opportunities
5.7.3.1 Establishing Authenticity Through Various Certification
5.7.3.2 Attractive Design Due to Hybrid Construction Enables New Approach to Building Technology
5.7.3.3 Rising Opportunities in Timber-Based Construction Industry
5.7.4 Challenges
5.7.4.1 Long Lead Time by Cross-Laminated Timber Suppliers During Peak Season
5.7.4.2 Low Product Differentiation
5.8 Porter's Five Forces Analysis
Table 3 Cross-Laminated Timber Market: Porter's Five Forces Analysis
Figure 23 Porter's Five Forces Analysis of Cross-Laminated Timber Market
5.8.1 Threat of New Entrants
5.8.2 Threat of Substitutes
5.8.3 Bargaining Power of Buyers
5.8.4 Bargaining Power of Suppliers
5.8.5 Intensity of Competitive Rivalry
5.9 Key Stakeholders and Buying Criteria
5.9.1 Key Stakeholders in Buying Process
Figure 24 Influence of Stakeholders on Buying Process
Table 4 Influence of Stakeholders on Buying Process for Top Applications (%)
5.9.2 Buying Criteria
Figure 25 Key Buying Criteria for Cross-Laminated Timber
Table 5 Key Buying Criteria for Cross-Laminated Timber
5.10 Macro Indicator Analysis
5.10.1 Introduction
5.10.2 Trends and Forecast of GDP
Table 6 Trends and Forecast of GDP, Percentage Change, 2020-2027
5.10.3 Trends and Forecast of Global Construction Industry
Figure 26 Global Spending in Construction Industry, 2014-2035
5.11 Global Economic Scenario Affecting Market Growth
5.11.1 Russia-Ukraine War
5.11.2 China
5.11.2.1 Debt Problem
5.11.2.2 Australia-China Trade War
5.11.2.3 Environmental Commitments
5.11.3 Europe
5.11.3.1 Energy Crisis
5.12 Value Chain Analysis
Figure 27 Cross-Laminated Timber Market: Value Chain Analysis
5.13 Pricing Analysis
Figure 28 Average Price Competitiveness in Cross-Laminated Timber Market, by Region, 2022
Figure 29 Average Price Competitiveness in Cross-Laminated Timber Market, by Type, 2022
Figure 30 Average Price Competitiveness in Cross-Laminated Timber Market, by Company, 2022
5.14 Cross-Laminated Timber Ecosystem and Interconnected Market
Table 7 Cross-Laminated Timber Market: Supply Chain Analysis
Figure 31 Cross-Laminated Timber Ecosystem
5.15 Yc and Ycc Shift
Figure 32 Cross-Laminated Timber Market: Yc and Ycc Shift
5.16 Trade Analysis
Table 8 Country-Wise Export Data, 2020-2022 (USD Thousand)
Table 9 Country-Wise Import Data, 2020-2022 (USD Thousand)
5.17 Patent Analysis
5.17.1 Methodology
5.17.2 Publication Trends
Figure 33 Number of Patents Published, 2017-2022
5.17.3 Top Jurisdiction
Figure 34 Patents Published by Jurisdiction, 2017-2022
5.17.4 Top Applicants
Figure 35 Patents Published by Major Applicants, 2017-2022
Table 10 Patent Count, by Company
5.18 Case Study Analysis
5.18.1 Case Study 1
5.18.2 Case Study 2
5.18.3 Case Study 3
5.19 Technology Analysis
5.20 Key Conferences and Events in 2023
Table 11 Cross-Laminated Timber Market: Key Conferences and Events
5.21 Tariff and Regulatory Landscape
5.21.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, and Other Organizations

6 Cross-Laminated Timber Market, by Type
6.1 Introduction
Figure 36 Adhesive Bonded Segment to Dominate Overall Cross-Laminated Timber Market Between 2023 and 2028
Table 14 Cross-Laminated Timber Market, by Type, 2020-2022 (USD Million)
Table 15 Cross-Laminated Timber Market, by Type, 2023-2028 (USD Million)
Table 16 Cross-Laminated Timber Market, by Type, 2020-2022 (Thousand Cubic Meter)
Table 17 Cross-Laminated Timber Market, by Type, 2023-2028 (Thousand Cubic Meter)
6.2 Adhesive Bonded
6.2.1 Superior Properties and Low Production Cost
6.2.2 Polyurethane (Pur)
6.2.3 Melamine-Urea-Formaldehyde (Muf)
Table 18 Adhesive Bonded: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 19 Adhesive Bonded: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 20 Adhesive Bonded: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 21 Adhesive Bonded: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
6.3 Mechanically Fastened
6.3.1 Enhanced Strength and Stability of Structures
6.3.2 Self-Tapping Screws (Sts)
6.3.3 Dowel-Type Fasteners
Table 22 Mechanically Fastened: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 23 Mechanically Fastened: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 24 Mechanically Fastened: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 25 Mechanically Fastened: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)

7 Cross-Laminated Timber Market, by End Use
7.1 Introduction
Figure 37 Structural Segment to Dominate Overall Cross-Laminated Timber Market Between 2023 and 2028
Table 26 Cross-Laminated Timber Market, by End Use, 2020-2022 (USD Million)
Table 27 Cross-Laminated Timber Market, by End Use, 2023-2028 (USD Million)
Table 28 Cross-Laminated Timber Market, by End Use, 2020-2022 (Thousand Cubic Meter)
Table 29 Cross-Laminated Timber Market, by End Use, 2023-2028 (Thousand Cubic Meter)
7.2 Structural
7.2.1 High Demand in Structural End-Use Segment
Table 30 Structural: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 31 Structural: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 32 Structural: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 33 Structural: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
7.3 Non-Structural
7.3.1 Used as Substitutes for Bolted Mats
Table 34 Non-Structural: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 35 Non-Structural: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 36 Non-Structural: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 37 Non-Structural: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)

8 Cross-Laminated Timber Market, by Industry
8.1 Introduction
Figure 38 Non-Residential Segment to Lead Overall Cross-Laminated Timber Market Between 2023 and 2028
Table 38 Cross-Laminated Timber Market, by Industry, 2020-2022 (USD Million)
Table 39 Cross-Laminated Timber Market, by Industry, 2023-2028 (USD Million)
Table 40 Cross-Laminated Timber Market, by Industry, 2020-2022 (Thousand Cubic Meter)
Table 41 Cross-Laminated Timber Market, by Industry, 2023-2028 (Thousand Cubic Meter)
8.2 Residential
8.2.1 Evolution of Building Codes Offers Opportunities for Cross-Laminated Timber Market
Table 42 Residential: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 43 Residential: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 44 Residential: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 45 Residential: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
8.3 Non-Residential
8.3.1 Opportunities Offered for Mass Construction of Timber Buildings
8.3.2 Public
8.3.3 Industrial
8.3.4 Others
Table 46 Non-Residential: Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 47 Non-Residential: Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 48 Non-Residential: Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 49 Non-Residential: Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
Table 50 Non-Residential (Public): Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 51 Non-Residential (Public): Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 52 Non-Residential (Public): Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 53 Non-Residential (Public): Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
Table 54 Non-Residential (Industrial): Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 55 Non-Residential (Industrial): Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 56 Non-Residential (Industrial): Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 57 Non-Residential (Industrial): Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
Table 58 Non-Residential (Others): Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 59 Non-Residential (Others): Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 60 Non-Residential (Others): Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 61 Non-Residential (Others): Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)

9 Cross-Laminated Timber Market, by Region
9.1 Introduction
Figure 39 North American Region Emerging as Strategic Location for Cross-Laminated Timber Market
Table 62 Cross-Laminated Timber Market, by Region, 2020-2022 (USD Million)
Table 63 Cross-Laminated Timber Market, by Region, 2023-2028 (USD Million)
Table 64 Cross-Laminated Timber Market, by Region, 2020-2022 (Thousand Cubic Meter)
Table 65 Cross-Laminated Timber Market, by Region, 2023-2028 (Thousand Cubic Meter)
9.2 Europe
9.2.1 Impact of Recession on Europe
Figure 40 Europe: Cross-Laminated Timber Market Snapshot
Table 66 Europe: Cross-Laminated Timber Market, by Country, 2020-2022 (USD Million)
Table 67 Europe: Cross-Laminated Timber Market, by Country, 2023-2028 (USD Million)
Table 68 Europe: Cross-Laminated Timber Market, by Country, 2020-2022 (Thousand Cubic Meter)
Table 69 Europe: Cross-Laminated Timber Market, by Country, 2023-2028 (Thousand Cubic Meter)
Table 70 Europe: Cross-Laminated Timber Market, by Type, 2020-2022 (USD Million)
Table 71 Europe: Cross-Laminated Timber Market, by Type, 2023-2028 (USD Million)
Table 72 Europe: Cross-Laminated Timber Market, by Type, 2020-2022 (Thousand Cubic Meter)
Table 73 Europe: Cross-Laminated Timber Market, by Type, 2023-2028 (Thousand Cubic Meter)
Table 74 Europe: Cross-Laminated Timber Market, by End Use, 2020-2022 (USD Million)
Table 75 Europe: Cross-Laminated Timber Market, by End Use, 2023-2028 (USD Million)
Table 76 Europe: Cross-Laminated Timber Market, by End Use, 2020-2022 (Thousand Cubic Meter)
Table 77 Europe: Cross-Laminated Timber Market, by End Use, 2023-2028 (Thousand Cubic Meter)
Table 78 Europe: Cross-Laminated Timber Market, by Industry, 2020-2022 (USD Million)
Table 79 Europe: Cross-Laminated Timber Market, by Industry, 2023-2028 (USD Million)
Table 80 Europe: Cross-Laminated Timber Market, by Industry, 2020-2022 (Thousand Cubic Meter)
Table 81 Europe: Cross-Laminated Timber Market, by Industry, 2023-2028 (Thousand Cubic Meter)
9.2.2 Germany
9.2.2.1 Presence of Major Distribution Channels to Increase Demand
9.2.3 Austria
9.2.3.1 Investments and Government Approach Toward Sustainability to Drive Market
9.2.4 Italy
9.2.4.1 High Disposable Income and Rising Fii Investments
9.2.5 Czech Republic
9.2.5.1 Emerging Market and Rising Development to Propel Demand
9.2.6 France
9.2.6.1 Government Initiatives and Enhanced Technology in Building & Construction Industry to Drive Market
9.2.7 Sweden
9.2.7.1 Residential Market in Sweden Driving Demand for Cross-Laminated Timber
9.2.8 Switzerland
9.2.8.1 Domestic Demand for Swiss Construction to Drive Growth
9.2.9 UK
9.2.9.1 Brexit to Hamper Industry Growth in Short Term
9.2.10 Slovakia
9.2.10.1 Increase in Housing Units Boosts Demand for Cross-Laminated Timber
9.2.11 Rest of Europe
9.3 North America
9.3.1 Impact of Recession on North America
Figure 41 North America: Cross-Laminated Timber Market Snapshot
Table 82 North America: Cross-Laminated Timber Market, by Country, 2020-2022 (USD Million)
Table 83 North America: Cross-Laminated Timber Market, by Country, 2023-2028 (USD Million)
Table 84 North America: Cross-Laminated Timber Market, by Country, 2020-2022 (Thousand Cubic Meter)
Table 85 North America: Cross-Laminated Timber Market, by Country, 2023-2028 (Thousand Cubic Meter)
Table 86 North America: Cross-Laminated Timber Market, by Type, 2020-2022 (USD Million)
Table 87 North America: Cross-Laminated Timber Market, by Type, 2023-2028 (USD Million)
Table 88 North America: Cross-Laminated Timber Market, by Type, 2020-2022 (Thousand Cubic Meter)
Table 89 North America: Cross-Laminated Timber Market, by Type, 2023-2028 (Thousand Cubic Meter)
Table 90 North America: Cross-Laminated Timber Market, by End Use, 2020-2022 (USD Million)
Table 91 North America: Cross-Laminated Timber Market, by End Use, 2023-2028 (USD Million)
Table 92 North America: Cross-Laminated Timber Market, by End Use, 2020-2022 (Thousand Cubic Meter)
Table 93 North America: Cross-Laminated Timber Market, by End Use, 2023-2028 (Thousand Cubic Meter)
Table 94 North America: Cross-Laminated Timber Market, by Industry, 2020-2022 (USD Million)
Table 95 North America: Cross-Laminated Timber Market, by Industry, 2023-2028 (USD Million)
Table 96 North America: Cross-Laminated Timber Market, by Industry, 2020-2022 (Thousand Cubic Meter)
Table 97 North America: Cross-Laminated Timber Market, by Industry, 2023-2028 (Thousand Cubic Meter)
9.3.2 US
9.3.2.1 Growing Sustainable Material Usage in Construction Industry to Boost Market
9.3.3 Canada
9.3.3.1 Government Investments in Building & Construction Sector to Propel Market
9.4 Asia-Pacific
9.4.1 Impact of Recession on Asia-Pacific
Figure 42 Asia-Pacific: Cross-Laminated Timber Market Snapshot
Table 98 Asia-Pacific: Cross-Laminated Timber Market, by Country, 2020-2022 (USD Million)
Table 99 Asia-Pacific: Cross-Laminated Timber Market, by Country, 2023-2028 (USD Million)
Table 100 Asia-Pacific: Cross-Laminated Timber Market, by Country, 2020-2022 (Thousand Cubic Meter)
Table 101 Asia-Pacific: Cross-Laminated Timber Market, by Country, 2023-2028 (Thousand Cubic Meter)
Table 102 Asia-Pacific: Cross-Laminated Timber Market, by Type, 2020-2022 (USD Million)
Table 103 Asia-Pacific: Cross-Laminated Timber Market, by Type, 2023-2028 (USD Million)
Table 104 Asia-Pacific: Cross-Laminated Timber Market, by Type, 2020-2022 (Thousand Cubic Meter)
Table 105 Asia-Pacific: Cross-Laminated Timber Market, by Type, 2023-2028 (Thousand Cubic Meter)
Table 106 Asia-Pacific: Cross-Laminated Timber Market, by End Use, 2020-2022 (USD Million)
Table 107 Asia-Pacific: Cross-Laminated Timber Market, by End Use, 2023-2028 (USD Million)
Table 108 Asia-Pacific: Cross-Laminated Timber Market, by End Use, 2020-2022 (Thousand Cubic Meter)
Table 109 Asia-Pacific: Cross-Laminated Timber Market, by End Use, 2023-2028 (Thousand Cubic Meter)
Table 110 Asia-Pacific: Cross-Laminated Timber Market, by Industry, 2020-2022 (USD Million)
Table 111 Asia-Pacific: Cross-Laminated Timber Market, by Industry, 2023-2028 (USD Million)
Table 112 Asia-Pacific: Cross-Laminated Timber Market, by Industry, 2020-2022 (Thousand Cubic Meter)
Table 113 Asia-Pacific: Cross-Laminated Timber Market, by Industry, 2023-2028 (Thousand Cubic Meter)
9.4.2 China
9.4.2.1 Large Investments by Global Manufacturers to Boost Market
9.4.3 Japan
9.4.3.1 Investments in Infrastructural Markets by Public and Private Sectors to Boost Demand
9.4.4 Australia and New Zealand
9.4.4.1 Technology-Driven Economy to Drive Market
9.4.5 Rest of Asia-Pacific
9.5 Rest of the World
9.5.1 Impact of Recession on Rest of the World
Figure 43 Brazil to Witness Significant Growth During Forecast Period
Table 114 Rest of the World: Cross-Laminated Timber Market, by Country, 2020-2022 (USD Million)
Table 115 Rest of the World: Cross-Laminated Timber Market, by Country, 2023-2028 (USD Million)
Table 116 Rest of the World: Cross-Laminated Timber Market, by Country, 2020-2022 (Thousand Cubic Meter)
Table 117 Rest of the World: Cross-Laminated Timber Market, by Country, 2023-2028 (Thousand Cubic Meter)
Table 118 Rest of the World: Cross-Laminated Timber Market, by Type, 2020-2022 (USD Million)
Table 119 Rest of the World: Cross-Laminated Timber Market, by Type, 2023-2028 (USD Million)
Table 120 Rest of the World: Cross-Laminated Timber Market, by Type, 2020-2022 (Thousand Cubic Meter)
Table 121 Rest of the World: Cross-Laminated Timber Market, by Type, 2023-2028 (Thousand Cubic Meter)
Table 122 Rest of the World: Cross-Laminated Timber Market, by End Use, 2020-2022 (USD Million)
Table 123 Rest of the World: Cross-Laminated Timber Market, by End Use, 2023-2028 (USD Million)
Table 124 Rest of the World: Cross-Laminated Timber Market, by End Use, 2020-2022 (Thousand Cubic Meter)
Table 125 Rest of the World: Cross-Laminated Timber Market, by End Use, 2023-2028 (Thousand Cubic Meter)
Table 126 Rest of the World: Cross-Laminated Timber Market, by Industry, 2020-2022 (USD Million)
Table 127 Rest of the World: Cross-Laminated Timber Market, by Industry, 2023-2028 (USD Million)
Table 128 Rest of the World: Cross-Laminated Timber Market, by Industry, 2020-2022 (Thousand Cubic Meter)
Table 129 Rest of the World: Cross-Laminated Timber Market, by Industry, 2023-2028 (Thousand Cubic Meter)
9.5.2 Brazil
9.5.2.1 Expansion of Production Capacity and Established Distribution Channels to Propel Market
9.5.3 Argentina
9.5.3.1 Government Initiatives to Boost Demand
9.5.4 Other Countries
9.5.4.1 Uae
9.5.4.2 Saudi Arabia
9.5.4.3 South Africa

10 Competitive Landscape
10.1 Overview
Table 130 Overview of Strategies Adopted by Key Cross-Laminated Timber Market Players (2017-2023)
10.2 Competitive Leadership Mapping, 2022
10.2.1 Stars
10.2.2 Emerging Leaders
10.2.3 Participants
10.2.4 Pervasive Players
Figure 44 Cross-Laminated Timber Market: Competitive Leadership Mapping, 2022
10.3 Small and Medium-Sized Enterprises (SMEs) Matrix, 2022
10.3.1 Responsive Companies
10.3.2 Progressive Companies
10.3.3 Starting Blocks
10.3.4 Dynamic Companies
Figure 45 Cross-Laminated Timber Market: Emerging Companies’ (Smes’) Competitive Leadership Mapping, 2022
10.4 Strength of Product Portfolio
Figure 46 Product Portfolio Analysis of Top Players in Cross-Laminated Timber Market
10.5 Competitive Benchmarking
Table 131 Cross-Laminated Timber Market: Detailed List of Key Startups/Smes
Table 132 Cross-Laminated Timber Market: Competitive Benchmarking of Key Players [Startups/Smes]
Table 133 Company Evaluation Matrix: Cross-Laminated Timber
10.6 Market Share Analysis
Figure 47 Market Share, by Key Player (2022)
10.7 Market Ranking Analysis
Figure 48 Market Ranking Analysis, 2022
10.8 Revenue Analysis
Figure 49 Revenue Analysis of Top Five Players, 2017-2021
10.9 Competitive Scenario
10.9.1 Market Evaluation Framework
Table 134 Strategic Developments, by Company
Table 135 Highest Adopted Strategies
Table 136 Number of Growth Strategies Adopted by Key Companies
10.9.2 Market Evaluation Matrix
Table 137 Company Industry Footprint
Table 138 Company Region Footprint
Table 139 Company Footprint
10.1 Strategic Developments
Table 140 Cross-Laminated Timber Market: Deals, 2017-2023

11 Company Profiles
11.1 Major Players
(Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, and Weaknesses and Competitive Threats)*
11.1.1 Mayr-Melnhof Holz
Table 141 Mayr-Melnhof Holz: Company Overview
Figure 50 Mayr-Melnhof Holz: Company Snapshot
Table 142 Mayr-Melnhof Holz: Deals
11.1.2 Stora Enso
Table 143 Stora Enso: Company Overview
Figure 51 Stora Enso: Company Snapshot
Table 144 Stora Enso: Deals
11.1.3 Binderholz Gmbh
Table 145 Binderholz Gmbh: Company Overview
11.1.4 Eugen Decker Holzindustrie Kg
Table 146 Eugen Decker Holzindustrie Kg: Company Overview
11.1.5 Hasslacher Holding Gmbh
Table 147 Hasslacher Holding Gmbh: Company Overview
11.1.6 Schilliger Holz Ag
Table 148 Schilliger Holz Ag: Company Overview
11.1.7 Klh Massivholz Gmbh
Table 149 Klh Massivholz Gmbh: Company Overview
11.1.8 Structurlam Mass Timber Corporation
Table 150 Structurlam Mass Timber Corporation: Company Overview
Table 151 Structurlam: Others
11.1.9 Xlam Nz Limited
Table 152 Xlam Nz Limited: Company Overview
11.1.10 Pfeifer Holding Gmbh
Table 153 Pfeifer Holding Gmbh: Company Overview
11.2 Other Companies
11.2.1 Lion Lumber
Table 154 Lion Lumber: Company Overview
11.2.2 Smartlam Na
Table 155 Smartlam Na: Company Overview
11.2.3 Hoisko
Table 156 Hoisko: Company Overview
11.2.4 Peetri Puit Oü
Table 157 Peetri Puit Oü: Company Overview
11.2.5 B&K Structures Ltd
Table 158 B&K Structures Ltd: Company Overview
11.2.6 Theurl Austrian Premium Timber
Table 159 Theurl Austrian Premium Timber: Company Overview
11.2.7 Ib Ewp Inc
Table 160 Ib Ewp Inc: Company Overview
11.2.8 Nordic Structures
Table 161 Nordic Structures: Company Overview
11.2.9 Dr Johnson Lumber Company
Table 162 Dr Johnson Lumber Company: Company Overview
11.2.10 Pfs Corporation
Table 163 Pfs Corporation: Company Overview
11.2.11 Derix Group
Table 164 Derix Group: Company Overview
11.2.12 Urbem
Table 165 Urbem: Company Overview
11.2.13 Mercer Mass Timber
Table 166 Mercer Mass Timber: Company Overview
11.2.14 Züblin Timber
Table 167 Züblin Timber: Company Overview
11.2.15 Crosslam Australia
Table 168 Crosslam Australia: Company Overview

*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies

12 Adjacent and Related Markets
12.1 Introduction
12.2 Timber Laminating Adhesives Market Limitations
12.3 Timber Laminating Adhesives Market Definition
12.4 Timber Laminating Adhesives Market Overview
12.4.1 Timber Laminating Adhesives Market Analysis, by Resin Type
Table 169 Timber Laminating Adhesives Market Size, by Resin Type, 2019-2026 (USD Million)
Table 170 Timber Laminating Adhesives Market Size, by Resin Type, 2019-2026 (Kiloton)
12.4.2 Timber Laminating Adhesives Market Analysis, by Application
Table 171 Timber Laminating Adhesives Market Size, by Application, 2019-2026 (USD Million)
Table 172 Timber Laminating Adhesives Market Size, by Application, 2019-2026 (Kiloton)
12.4.3 Timber Laminating Adhesives Market Analysis, by End Use
Table 173 Timber Laminating Adhesives Market Size, by End Use, 2019-2026 (USD Million)
Table 174 Timber Laminating Adhesives Market Size, by End Use, 2019-2026 (Kiloton)
12.4.4 Timber Laminating Adhesives Market Analysis, by Region
Table 175 Timber Laminating Adhesives Market Size, by Region, 2019-2026 (USD Million)
Table 176 Timber Laminating Adhesives Market Size, by Region, 2019-2026 (Kiloton)

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Subscription Portal
13.3 Customization Options
13.4 Related Reports
13.5 Author Details

Companies Mentioned

  • B&K Structures Ltd
  • Binderholz Gmbh
  • Crosslam Australia
  • Derix Group
  • Dr Johnson Lumber Company
  • Eugen Decker Holzindustrie Kg
  • Hasslacher Holding Gmbh
  • Hoisko
  • Ib Ewp Inc
  • Klh Massivholz Gmbh
  • Lion Lumber
  • Mayr-Melnhof Holz
  • Mercer Mass Timber
  • Nordic Structures
  • Peetri Puit Oü
  • Pfeifer Holding Gmbh
  • Pfs Corporation
  • Schilliger Holz Ag
  • Smartlam Na
  • Stora Enso
  • Structurlam Mass Timber Corporation
  • Theurl Austrian Premium Timber
  • Urbem
  • Xlam Nz Limited
  • Züblin Timber

Methodology

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Table Information

Report AttributeDetails
No. of Pages195
PublishedApril 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 1.4 Billion
Forecasted Market Value ( USD ) by 2028 $ 2.6 Billion
Compound Annual Growth Rate13.7%
Regions CoveredGlobal
No. of Companies Mentioned25

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