Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.59 Billion | USD 5.66 Billion | 13.55% | 2024 |
FrequentlyAsked Questions
The global cross laminated timber (CLT) market is expected to grow due to increasing demand for sustainable and eco-friendly building materials, coupled with advancements in engineered wood technology and the growing adoption of modular construction.
According to a study, the global cross laminated timber (CLT) market size was worth around USD 1.59 Billion in 2024 and is expected to reach USD 5.66 Billion by 2034.
The global cross laminated timber (CLT) market is expected to grow at a CAGR of 13.55% during the forecast period.
Europe is expected to dominate the cross laminated timber (CLT) market over the forecast period.
Leading players in the global cross laminated timber (CLT) market include HASSLACHER Holding GmbH, Stora Enso Oyj, Nordic Structures, Ed. Züblin AG, KLH Massivholz GmbH, Binderholz Bausysteme GmbH, Mayr-MelnhofHolz Holding GmbH, Structurlam Mass Timber Corporation, Eugen Decker Holzindustrie KG, Sterling Lumber Company, W. u. J. Derix GmbH & Co., among others.
The report explores crucial aspects of the cross laminated timber (CLT) market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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