Cross Laminated Timber Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: CMR 69641 Report Format: PDF + Excel

Overview

Cross Laminated Timber Market size is forecast to reach $1.4 billion by 2025, after growing at a CAGR of 15.2% during 2020-2025. Cross-laminated timber (CLT) is an engineered wood component gaining worldwide popularity as a renewable alternative to concrete and steel construction in industrial and multi-residential applications. Cross-laminated timber (CLT) a wood panel product made from gluing together layers of solid-sawn lumber, i.e., lumber cut from a single log. CLT is distinct from glued laminated timber (known as glulam), which is a product with all laminations orientated in the same way. Cross-laminated timber (CLT) and Glue-laminated timber (glulam) are both engineered wood products that are commonly used for pre-fabricated structural applications in mass timber construction. The system includes multi-layer panels consisting of cross-stacked and bonded solid wood boards. The cross-laminated structure increase rigidity, flexibility of the proportions, and mechanical properties. CLT delivers structurally comparable performance to concrete or steel, with panels that are ideal for use as walls, floors, roofs and other applications.

Report Coverage

The report: “Cross Laminated Timber Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cross Laminated Timber Industry.


Key Takeaways

Over the years, cross-laminated wood has been used mostly as a building material in the construction of low to mid-rise structures, mostly consisting educational institutions and residential buildings.  Today buildings up to 10 floors can be constructed using cross laminated wood, though, due to recent technical advances.

CLT can be used in an entire building or any combination of wall, floor/ceiling and roof applications. Its light weight characteristics make it highly adaptable to various projects, designs, and site condition such as tight proximity to neighboring buildings. Glued Laminated Timber also known as Glulam, is an alternative of cross laminated timber, providing higher advantages than CLT, this can be the growth challenge of CLT in forecast period.

By Type - Segment Analysis

Cross-laminated market share of timber is categorized into adhesive bonded and mechanically fastened CLT depending on component. There will be substantial market share of adhesive bonded CLT. It can be due to the product type's many benefits, including good insulation properties and outstanding fire-safety properties.

By Application - Segment Analysis

Business application sector will have significant market share as a result of increasing global business development activities, backed up by private and public investment. Due to rapid industrial development and the need for infrastructural growth in developing countries such as China, India and Brazil, the industrial application segment will have a high market growth rate.

Geography - Segment Analysis

Europe leads the consumption-driven Cross Laminated Timber industry in 2019 with the market share of 32%. Owning to an established construction industry combined with growing green building practices for residential as well as commercial projects, North America and Europe will have a significant share in the cross-laminated timber market. Due to the rapid development of economic and institutional infrastructure in the region, the Middle East and Africa will have a significant market growth rate.

Drivers – Cross Laminated Timber Market

Increasing Demand for Sustainable Living Boosts Growth in Market.

The global cross laminated timber (CLT) industry is seeing a highly positive growth rate with rising demand for sustainable construction solutions. This is mainly due to the fact that the CLT content can be used as a useful alternative to other goods that could be made by polluting methods in the world. Cross laminated timber is reusable, and most of these impacts can be compensated. However, with multiple governments increasingly promoting the use of green materials for building, the global cross laminated timber (CLT) market can see exponential expansion in the coming years. Additionally, CLT systems help create an environment that is highly breathable.

Challenges – Cross Laminated Timber Market

Cross laminated timber is risky to transport.

Transportation issues can be more than just an inconvenience; they can also have significant physical impacts. CLT transport considerations are similar to precast concrete considerations. Different manufacturers can produce panels in different sizes and the possibilities can confuse the designers. Yet state-to-state or international licenses and travel restrictions based on the authority of all jurisdictions require serious thought before the plan is completed..

Market Landscape

Product portfolios range, acquisitions and R&D activities are key strategies adopted by players in the Cross Laminated Timber market. In 2019, the market of Cross Laminated Timber has been consolidated by the top five players accounting for xx% of the share. Cross Laminated Timber top 10 companies are Stora Enso, KLH Massivholz GmbH, BinderholzBausysteme GmbH, HASSLACHER Holding GmbH, Mayr-MelnhofHolz Holding AG, Structurlam Mass Timber Corporation, Eugen Decker Holzindustrie KG, Nordic Structures, Sterling Lumber Company, Ed. Züblin AG, and W. u. J. Derix GmbH & Co., among others.
1. Cross Laminated Timber Market - Overview
        1.1 Definitions and Scope
2. Cross Laminated Timber Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Cross Laminated Timber Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Cross Laminated Timber Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Cross Laminated Timber Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Cross Laminated Timber Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Cross Laminated Timber Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Cross Laminated Timber Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Cross Laminated Timber Market - By Type(Market Size -$Million / $Billion)
9.1 Adhesive- Bonded Clt
9.2 Mechanically Fastened Clt
10. Cross Laminated Timber - By Application Type(Market Size -$Million / $Billion)
        10.1 Residential
        10.2 Institutional
        10.3 Commercial
11. Cross Laminated Timber- By Geography (Market Size -$Million / $Billion)
        11.1 Cross Laminated Timber Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Cross Laminated Timber- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Cross Laminated Timber- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Cross Laminated Timber - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Cross Laminated Timber - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Cross Laminated Timber Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Cross Laminated Timber Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Cross Laminated Timber Market - Key Company List by Country Premium
15. Cross Laminated Timber Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 B K Structure
        15.3 Binderholz Gmbh
        15.4 Eugen Decker Holzindustrie Kg
        15.5 Klh Massivholz Gmbh
        15.6 Maye-Melnhof Holz Holding Ag
        15.7 Meiken Lamwood Corp
        15.8 Schilliger Holz Ag
        15.9 Smartlam
        15.10 Sterling Lumber
        15.11 Stora Enso Ab
        15.12 Structurlam
        15.13 Xlam Limited
        15.14 Company 13
        15.15 Company 14 & More
*Financials would be provided on a best efforts basis for private companies
16. Cross Laminated Timber Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Cross Laminated Timber Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends