Market Size, Share Global Outlook and Forecast 2025-2032
Publication Date: April 7, 2025
Mechanically Fastened Cross-Laminated Timber MarketOverview
A mechanically fastened cross-laminated timber (CLT) system involves utilizing economically produced and structurally sound buildings.
Convincing stakeholders to switch from traditional building materials to CLT systems poses a challenge in market penetration.
It provides an opportunity to encourage small CLT production facilities, especially in areas impacted by pine beetle infestations where dead material is suitable for laminated timber systems.
Continued innovation in manufacturing processes and product development can open up new avenues for growth within the CLT market.
Market Value & Growth Projections
Market Value & Growth Projections:
Global Market Value (2023): US$
Million
Projected Market Value (2032): US$ 60.13Million
CAGR (2025-2031): 2.30%
Key Market Drivers:
Market Segmentation
By Type
By Application
Regular Shape
Irregular Shape
By Region
Commercial Building
Institutional Building
Others
North America
Europe
Middle East & Africa
Key Market Players
Stora Enso
Mayr-Melnhof
Holz
Binderholz
KLH Massivholz
Regional Market Analysis
North America
Increasing awareness of mass timber benefits (speed, sustainability, seismic resilience).
Europe
Gaining popularity in mid-rise and commercial buildings for its dry construction advantages.
Asia-Pacific
Urbanization and demand for sustainable alternatives to concrete/steel..
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