Cross-laminated timber is a type of wood panel created by gluing layers of solid-sawn lumber together. It's a kind of engineered wood that's used as a building material and designed to complement the light and heavy-timber framing options. It can be used as a substitute for steel, concrete, and masonry in a variety of building forms due to its dimensional stability and high strength. It is more cost-effective and environmentally sustainable because it releases fewer greenhouse gases.
MARKET DYNAMICS
As wood evolves as a low-cost and sustainable alternative to steel and concrete, demand for cross-laminated timber is increasing. Over the forecast period, evolving customer preferences for wood-based construction, as well as high thermal efficiency and insulation properties, are expected to drive market growth. However, poor acoustic efficiency and an increase in the use of harmful adhesives or solvents are cited as reasons for the cross-laminated timber market's decline.
MARKET SCOPE
The "Global Cross Laminated Timber Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the cross-laminated timber market with detailed market segmentation by type and application. The global cross-laminated timber market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cross-laminated timber market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By Type
- Adhesive-bonded Cross-laminated Timber
- Mechanically Fastened Cross-laminated Timber
By Application
- Residential Buildings
- Educational Institutes
- Government/Public Buildings
- Industrial & Commercial Spaces
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cross-laminated timber market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cross-laminated timber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cross-laminated timber market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cross-laminated timber market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cross-laminated timber market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cross-laminated timber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cross-laminated timber market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cross-laminated timber market in these regions.
MARKET PLAYERS
The report covers vital developments in the cross-laminated timber market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the cross-laminated timber market are anticipated to lucrative growth opportunities in the future with the rising demand for cross-laminated timber in the global market. Below mentioned is the list of few companies engaged in the cross-laminated timber market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cross-laminated timber market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Binderholz GmbH
- SmartLam
- Stora Enso
- Schillinger Holz AG
- Mayr-Melnhof Holz
- Eugen Decker
- Sterling Lumber
- Kattera
- XLam Limited
- Derix Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cross Laminated Timber Market - By Type
1.3.2 Cross Laminated Timber Market - By Application
1.3.3 Cross Laminated Timber Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CROSS LAMINATED TIMBER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CROSS LAMINATED TIMBER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CROSS LAMINATED TIMBER MARKET - GLOBAL MARKET ANALYSIS
6.1. CROSS LAMINATED TIMBER - GLOBAL MARKET OVERVIEW
6.2. CROSS LAMINATED TIMBER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CROSS LAMINATED TIMBER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ADHESIVE-BONDED CROSS-LAMINATED TIMBER
7.3.1. Overview
7.3.2. Adhesive-bonded Cross-laminated Timber Market Forecast and Analysis
7.4. MECHANICALLY FASTENED CROSS-LAMINATED TIMBER
7.4.1. Overview
7.4.2. Mechanically Fastened Cross-laminated Timber Market Forecast and Analysis
8. CROSS LAMINATED TIMBER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL BUILDINGS
8.3.1. Overview
8.3.2. Residential Buildings Market Forecast and Analysis
8.4. EDUCATIONAL INSTITUTES
8.4.1. Overview
8.4.2. Educational Institutes Market Forecast and Analysis
8.5. GOVERNMENT/PUBLIC BUILDINGS
8.5.1. Overview
8.5.2. Government/Public Buildings Market Forecast and Analysis
8.6. INDUSTRIAL AND COMMERCIAL SPACES
8.6.1. Overview
8.6.2. Industrial and Commercial Spaces Market Forecast and Analysis
9. CROSS LAMINATED TIMBER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cross Laminated Timber Market Overview
9.1.2 North America Cross Laminated Timber Market Forecasts and Analysis
9.1.3 North America Cross Laminated Timber Market Forecasts and Analysis - By Type
9.1.4 North America Cross Laminated Timber Market Forecasts and Analysis - By Application
9.1.5 North America Cross Laminated Timber Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Cross Laminated Timber Market
9.1.5.1.1 Canada Cross Laminated Timber Market by Type
9.1.5.1.2 Canada Cross Laminated Timber Market by Application
9.1.5.2 Mexico Cross Laminated Timber Market
9.1.5.2.1 Mexico Cross Laminated Timber Market by Type
9.1.5.2.2 Mexico Cross Laminated Timber Market by Application
9.1.5.3 US Cross Laminated Timber Market
9.1.5.3.1 US Cross Laminated Timber Market by Type
9.1.5.3.2 US Cross Laminated Timber Market by Application
9.2. EUROPE
9.2.1 Europe Cross Laminated Timber Market Overview
9.2.2 Europe Cross Laminated Timber Market Forecasts and Analysis
9.2.3 Europe Cross Laminated Timber Market Forecasts and Analysis - By Type
9.2.4 Europe Cross Laminated Timber Market Forecasts and Analysis - By Application
9.2.5 Europe Cross Laminated Timber Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cross Laminated Timber Market
9.2.5.1.1 Germany Cross Laminated Timber Market by Type
9.2.5.1.2 Germany Cross Laminated Timber Market by Application
9.2.5.2 France Cross Laminated Timber Market
9.2.5.2.1 France Cross Laminated Timber Market by Type
9.2.5.2.2 France Cross Laminated Timber Market by Application
9.2.5.3 Italy Cross Laminated Timber Market
9.2.5.3.1 Italy Cross Laminated Timber Market by Type
9.2.5.3.2 Italy Cross Laminated Timber Market by Application
9.2.5.4 United Kingdom Cross Laminated Timber Market
9.2.5.4.1 United Kingdom Cross Laminated Timber Market by Type
9.2.5.4.2 United Kingdom Cross Laminated Timber Market by Application
9.2.5.5 Russia Cross Laminated Timber Market
9.2.5.5.1 Russia Cross Laminated Timber Market by Type
9.2.5.5.2 Russia Cross Laminated Timber Market by Application
9.2.5.6 Rest of Europe Cross Laminated Timber Market
9.2.5.6.1 Rest of Europe Cross Laminated Timber Market by Type
9.2.5.6.2 Rest of Europe Cross Laminated Timber Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cross Laminated Timber Market Overview
9.3.2 Asia-Pacific Cross Laminated Timber Market Forecasts and Analysis
9.3.3 Asia-Pacific Cross Laminated Timber Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Cross Laminated Timber Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Cross Laminated Timber Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cross Laminated Timber Market
9.3.5.1.1 Australia Cross Laminated Timber Market by Type
9.3.5.1.2 Australia Cross Laminated Timber Market by Application
9.3.5.2 China Cross Laminated Timber Market
9.3.5.2.1 China Cross Laminated Timber Market by Type
9.3.5.2.2 China Cross Laminated Timber Market by Application
9.3.5.3 India Cross Laminated Timber Market
9.3.5.3.1 India Cross Laminated Timber Market by Type
9.3.5.3.2 India Cross Laminated Timber Market by Application
9.3.5.4 Japan Cross Laminated Timber Market
9.3.5.4.1 Japan Cross Laminated Timber Market by Type
9.3.5.4.2 Japan Cross Laminated Timber Market by Application
9.3.5.5 South Korea Cross Laminated Timber Market
9.3.5.5.1 South Korea Cross Laminated Timber Market by Type
9.3.5.5.2 South Korea Cross Laminated Timber Market by Application
9.3.5.6 Rest of Asia-Pacific Cross Laminated Timber Market
9.3.5.6.1 Rest of Asia-Pacific Cross Laminated Timber Market by Type
9.3.5.6.2 Rest of Asia-Pacific Cross Laminated Timber Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cross Laminated Timber Market Overview
9.4.2 Middle East and Africa Cross Laminated Timber Market Forecasts and Analysis
9.4.3 Middle East and Africa Cross Laminated Timber Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Cross Laminated Timber Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Cross Laminated Timber Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cross Laminated Timber Market
9.4.5.1.1 South Africa Cross Laminated Timber Market by Type
9.4.5.1.2 South Africa Cross Laminated Timber Market by Application
9.4.5.2 Saudi Arabia Cross Laminated Timber Market
9.4.5.2.1 Saudi Arabia Cross Laminated Timber Market by Type
9.4.5.2.2 Saudi Arabia Cross Laminated Timber Market by Application
9.4.5.3 U.A.E Cross Laminated Timber Market
9.4.5.3.1 U.A.E Cross Laminated Timber Market by Type
9.4.5.3.2 U.A.E Cross Laminated Timber Market by Application
9.4.5.4 Rest of Middle East and Africa Cross Laminated Timber Market
9.4.5.4.1 Rest of Middle East and Africa Cross Laminated Timber Market by Type
9.4.5.4.2 Rest of Middle East and Africa Cross Laminated Timber Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cross Laminated Timber Market Overview
9.5.2 South and Central America Cross Laminated Timber Market Forecasts and Analysis
9.5.3 South and Central America Cross Laminated Timber Market Forecasts and Analysis - By Type
9.5.4 South and Central America Cross Laminated Timber Market Forecasts and Analysis - By Application
9.5.5 South and Central America Cross Laminated Timber Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cross Laminated Timber Market
9.5.5.1.1 Brazil Cross Laminated Timber Market by Type
9.5.5.1.2 Brazil Cross Laminated Timber Market by Application
9.5.5.2 Argentina Cross Laminated Timber Market
9.5.5.2.1 Argentina Cross Laminated Timber Market by Type
9.5.5.2.2 Argentina Cross Laminated Timber Market by Application
9.5.5.3 Rest of South and Central America Cross Laminated Timber Market
9.5.5.3.1 Rest of South and Central America Cross Laminated Timber Market by Type
9.5.5.3.2 Rest of South and Central America Cross Laminated Timber Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CROSS LAMINATED TIMBER MARKET, KEY COMPANY PROFILES
11.1. BINDERHOLZ GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SMARTLAM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. STORA ENSO
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SCHILLINGER HOLZ AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MAYR-MELNHOF HOLZ
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. EUGEN DECKER
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STERLING LUMBER
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KATTERA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. XLAM LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. DERIX GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Binderholz GmbH
2. SmartLam
3. Stora Enso
4. Schillinger Holz AG
5. Mayr-Melnhof Holz
6. Eugen Decker
7. Sterling Lumber
8. Kattera
9. XLam Limited
10. Derix Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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