The Cross Laminate Wood market size is valued at over $912.34 million in 2020 and is expected to grow at a CAGR of 14% from 2021 to 2027. -Cost and sustainable alternative to steel and concrete. The growing popularity of cross-laminated timber considering ease of construction and durability is expected to increase market demand over the next eight years. In regions such as North America, Europe and Asia Pacific, rising popularity and awareness are expected to have a positive impact on the market.
A full report of Cross Laminated Timber Market available at https://www.orionmarketreports.com/cross-laminated-timber-size-market/52908/
Cross Laminated Timber Market Segmentations
By Type
• Adhesive bonded CLT
• Mechanically Fastened CLT
By Application
• Residential Buildings
• Educational Institutes
• Government/Public Buildings
• Industrial and Commercial Spaces
Major Players
• Binderholz GmbH
• Pfeifer Group
• Stora Enso
• Mayr-Melnhof Holz
• HASSLACHER Holding GmbH
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
