For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Market Overview of Global Cross-Laminated Timber (CLT) market:
According to our latest research, the global Cross-Laminated Timber (CLT) market looks promising in the next 5 years. As of 2022, the global Cross-Laminated Timber (CLT) market was estimated at USD 1102.82 million, and it's anticipated to reach USD 2665.17 million in 2028, with a CAGR of 15.84% during the forecast years.
Cross-Laminated Timber (CLT) is generally formed by cross stacking and bonding of multi-layer sawn wood or panels made of solid wood. On the one hand, this cross laminated structure ensures the rigidity, dimensional stability and mechanical properties of CLT, on the other hand, it allows the use of wood or material units of different shapes. CLT can be applied to walls, floors and roofs. Compared with concrete and steel, CLT is a lighter building material.
Manufacturing cost of CLT
The application of CLT in the construction field has made great progress, but on the premise of ensuring the quality of CLT, how to optimize the production process and reduce costs needs to attract extensive attention. According to surveys, wood costs more than 60% in the CLT manufacturing process. In raw material processing, the tree type and growth characteristics of the log determine whether it is suitable for the manufacture of CLT, and use the characteristics of the tree itself to select the appropriate sawing method to improve the yield of wood for the research of CLT manufacture rare. Therefore, in the future, the cross-laminated timber industry should improve log utilization and reduce production waste will greatly reduce the manufacturing cost of CLT. This makes it possible to utilize as much raw material as possible by means of star sawing. Another way to improve log utilization is to use hexagonal wood material to make CLT, as it uses heartwood and works the log into hexagonal columns, it will produce more efficiency than star sawing pattern, but it may have a negative impact on CLT fabrication The gluing, assembly and pressing processes in the process present new challenges.
One of the most promising methods of heavy timber construction is known as cross-laminated timber
One of the oldest timber building materials may be the building material of the future thanks to new innovations in timber construction. "Mass timber" products, such as cross-laminated timber, are being used for larger and larger structures. They have environmental and cost advantages -- and they don't burn as easily as regular wood. And it is also very beneficial to the overall carbon sink of the environment.
Although timber structures are relatively rare these days, the material is undergoing a global renaissance with new developments in engineered "glulam" technologies that are making wood safer, stronger and more sustainable than ever before.
One of the most promising methods of heavy timber construction is known as cross-laminated timber. In 2015, new regulations in the International Building Code recognized its use as a genuine material. CLT is a composite panel system made by layering and gluing together dimensional timber pieces in alternating vertical directions. Like glulam, CLT panels can be prefabricated and formed into various components. But it offers additional benefits over other types of wood: better fire resistance, better aesthetics, increased strength, and the ability to span in either direction, making it incredibly versatile .
The growing demand for CLT can be attributed to the advantages it offers over traditional construction materials such as steel and concrete. CLT is environmentally friendly and low energy consumption, helping to minimize on-site construction time and waste. Due to changes in building regulations, the application of CLT is expanding, especially in the construction of high-rise buildings.
Region Overview:
CLT products are currently mainly used in the United States, Europe, Japan and other countries. This is mainly driven by factors such as policies and environmental protection. The EPA's VOC regulations, the use of environmentally friendly products with minimal adverse impacts, and green building initiatives have driven the development of cross-laminated timber (CLT) products. In 2017, the United States released the CLT design and construction specifications, which further promoted the development of industry specifications and played a role in promoting the industry.
Company Overview:
Binderholz
Binderholz produces complex solutions made of solid wood. The responsible handling of this special raw material according to the zero waste principle, from seedlings to full utilization, guarantees high-quality solid wood products and dense biofuels. Binderholz' solid wood products range from timber, profiled timber, single- and multi-layer laminated solid wood panels and glulam to binderholz CLT BBS. These are complemented by DIY products such as garden timber, construction timber and multi-purpose boards. Leftover wood from the production process is converted into dense biofuel, green electricity, cardboard pallets and pressed pallet blocks.
Stora Enso
Part of the global bioeconomy, Stora Enso is a leading supplier of renewable products such as packaging, biomaterials, wood structures and paper, and one of the largest private forest owners in the world.
Segmentation Overview:
CLT boards are glued-laminated planks of softwood and hardwood, laid in layers of wood at 90 angles relative to each other, and bonded under pressure into a single array. CLT is usually made from softwood species such as spruce, but it may contain a percentage of pine or larch, and possibly hardwood.
In 2021, the market size of cross-laminated timber (CLT) products made of global softwood species is 6371.72 million yuan, accounting for 96.05% of the entire global cross-laminated timber (CLT) market; in 2021, the global market for hardwood species The market size for Cross Laminated Timber (CLT) products is $262.10 million.
Application Overview:
CLT has a wide range of applications and can be used as part of hybrid structures or as the sole building material. Its use is well documented in nearly every sector, and examples of CLT abound, from high-rise buildings and large commercial office spaces to single-story homes. The report mainly studies its application in residential, commercial, and public buildings.
Global cross-laminated timber (CLT) products are mainly used in residential buildings, and its market size in 2021 will be 3123.31 million yuan, accounting for 47.08% of the entire global cross-laminated timber (CLT) market; in 2021, global commercial and public buildings The application market size of cross-laminated timber (CLT) products is 1947.23 million yuan and 1140.92 million yuan, accounting for 29.35% and 17.20% of the market respectively.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Cross-Laminated Timber (CLT) market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Cross-Laminated Timber (CLT) Market Report:
Market Size Estimates: Cross-Laminated Timber (CLT) market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Cross-Laminated Timber (CLT) market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Cross-Laminated Timber (CLT) market
Segment Market Analysis: Cross-Laminated Timber (CLT) market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Cross-Laminated Timber (CLT) market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Cross-Laminated Timber (CLT) Market: Revenue and sales volume of major countries in each region
Cross-Laminated Timber (CLT) Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Cross-Laminated Timber (CLT) market in major regions.
Cross-Laminated Timber (CLT) Industry Value Chain: Cross-Laminated Timber (CLT) market raw materials & suppliers, manufacturing process, distributors, downstream customers
Cross-Laminated Timber (CLT) Industry News, Policies & Regulations
Key players in the global Cross-Laminated Timber (CLT) market are covered in Chapter 12:
Stora Enso
XLam
HASSLACHER Holding GmbH
KLH Massivholz
Mayr-Melnhof Holz
Theurl Austrian Premium Timber
Eugen Decker Holzindustrie KG
Derix
B&K Structures
Binderholz
Sterling
Schilliger Holz
In Chapter 2 and Chapter 15.1, based on types, the Cross-Laminated Timber (CLT) market from 2018 to 2028 is primarily split into:
Cork
Hardwood
In Chapter 3 and Chapter 15.2, based on applications, the Cross-Laminated Timber (CLT) market from 2018 to 2028 covers:
Residential Buildings
Commercial Buildings
Public Buildings
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Cross-Laminated Timber (CLT) market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028