Cross-Laminated Timber Market
Cross-Laminated Timber Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Cross-Laminated Timber Market Size and Growth
The global Cross-Laminated Timber market is projected to experience significant growth due to increasing demand for sustainable construction materials. Market size is expected to reach $2.3 billion by 2026, driven by factors such as urbanization, environmental concerns, and advancements in construction technology. The market is highly competitive with key players focusing on innovation and product development.
Companies Covered
(Covid 19 Impact Covered)
◍ Stora Enso
◍ Binderholz
◍ KLH Massivholz GmbH
◍ Mayr-Melnhof Holz
◍ MHM Abbund-Zentrum
◍ Hasslacher Norica
◍ Merk Timber
◍ Lignotrend
◍ Eugen Decker
◍ Thoma Holz
◍ Schilliger Holz
◍ W. u. J. Derix
◍ HMS Bausysteme Gmh
◍ Structurlam
The Cross-Laminated Timber Market is highly competitive, with key players such as Stora Enso, Binderholz, KLH Massivholz GmbH, Mayr-Melnhof Holz, and others. These companies specialize in manufacturing CLT products and contribute to the market growth by increasing production capacity, expanding distribution networks, and developing innovative CLT solutions.
- Stora Enso: Sales revenue of $10.27 billion
- Binderholz: Sales revenue of $1.46 billion
- KLH Massivholz GmbH: Sales revenue of $320 million
- Mayr-Melnhof Holz: Sales revenue of $240 million
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Market Segmentation
By Application
◍ Residential Building ◍ Commercial Building
◍ Institutional Building
◍ Industrial Facility
By Product
◍ Adhesive-bonded CLT
◍ Mechanically Fastened CLT
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Market Growth
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$ X Billion USD
