The Global Cross-Laminated Timber (CLT) Market to 2024 - Projected to Grow at a CAGR of 13.4%, Driven by Faster Construction Time and Cheaper Built Up Costs - ResearchAndMarkets.com
The global cross-laminated timber market reached a value of US$ 664 Million in 2018.
The "Cross-Laminated
Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's
offering.
The global cross-laminated timber market reached a value of US$ 664
Million in 2018. The market value is further expected to reach US$ 1,457
Million by 2024, exhibiting a CAGR of 13.4% during 2019-2024.
This report provides a deep insight into the global cross-laminated
timber market covering all its essential aspects. This ranges from macro
overview of the market to micro details of the industry performance,
recent trends, key market drivers and challenges, SWOT analysis,
Porter's five forces analysis, value chain analysis, etc.
The report also provides a comprehensive analysis for setting up a
cross-laminated timber manufacturing plant. The study analyses the
processing and manufacturing requirements, project cost, project
funding, project economics, expected returns on investment, profit
margins, etc.
Market Drivers
The structures built with cross laminated timber require shorter period
of construction time than traditional construction materials such as
concrete and bricks. This is largely attributed to its light weight
nature and easy and fast installation. Due to the faster construction
time and cheaper built up costs, CLT offers a cheaper alternative over
other popular construction material such as precast concrete to the
building industry.
CLT can be used for an entire building or any combination of wall,
floor/ceiling and roof applications. Its light weight and other
characteristics make it highly adaptable to different types of projects,
designs and site conditions like soft soils or tight proximity to
neighbouring buildings. CLT elements can also be combined with other
building materials which provides more flexibility in design, style and
finish architecture. Moreover, any change in CLT can be made on site
with simple tools.
Cross laminated timber since its inception has been largely confined to
Europe. However, due to the increasing awareness about its advantages
over other traditional construction material, architects and other
stakeholders in the building industry in several markets such as China,
Japan, United States, Canada, Australia, New Zealand, etc., are now
considering cross laminated timber as a building material for their
projects.
Cross laminated timber, over the years, has been mainly used as a
building material in constructing low to mid rise buildings which mainly
includes educational institutes and residential buildings. However, due
to recent technical advancement, now structures up to 10 storeys can be
built using cross laminated timber. Therefore, due to this technical
advancement coupled with the aesthetic value that CLT adds to a
structure, several construction companies are considering this product
to build large commercial spaces.
Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cross Laminated Timber Industry
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.4 Market Breakup by Region
5.5 Market by Application
5.6 Market Breakup by Product Type
5.7 Market Breakup by Element Type
5.8 Market Breakup by Raw Material Type
5.9 Market Breakup by Bonding Method
5.10 Market Breakup by Panel Layers
5.11 Market Breakup by Press Type
5.12 Market Breakup by Adhesive Type
5.13 Market Breakup by Storey Class
5.14 Market Breakup by Application Type
5.15 Market Forecast
5.16 SWOT Analysis
5.17 Value Chain Analysis
5.18 Porter's Five Forces Analysis
5.19 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 Europe
6.2 North America
6.3 Asia-Pacific
7 Market by Application
7.1 Residential
7.2 Educational Institutes
7.3 Government/Public Buildings
7.4 Commercial Spaces
8 Market by Product Type
8.1 Custom CLT
8.2 Blank CLT
9 Market by Element Type
9.1 Wall Panels
9.2 Flooring Panels
9.3 Roofing Slabs
9.4 Others
10 Market by Raw Material Type
10.1 Spruce
10.2 Pine
10.3 Fir
10.4 Others
11 Market by Bonding Method
11.1 Adhesive Bonded
11.2 Mechanically Fastened
12 Market by Panel Layers
12.1 3-Ply
12.2 5-Ply
12.3 7-Ply
12.4 Others
13 Market by Adhesive Type
13.1 PUR (Polyurethane)
13.2 PRF (Phenol Resorcinol Formaldehyde)
13.3 MUF (Melamine-Urea-Formaldehyde)
13.4 Others
14 Market by Press Type
14.1 Hydraulic Press
14.2 Vacuum Press
14.3 Pneumatic Press
14.4 Others
15 Market by Storey Class
15.1 Low-Rise Buildings (1-4 Storeys)
15.2 Mid-Rise Buildings (5-10 Storeys)
15.3 High-Rise Buildings (More than 10 Storeys)
16 Market by Application Type
16.1 Structural Applications
16.2 Non-Structural Applications
17 Competitive Landscape
17.1 Competitive Structure
17.2 Production Capacities of Key Players
18 Global Cross Laminated Timber Industry: Environmental Impact/Benefit
Analysis
19 Global Cross Laminated Timber Industry: Financial Impact/Benefit
Analysis
20 Cross Laminated Timber Manufacturing Process
20.1 Product Overview
20.2 Detailed Process Flow
20.3 Various Types of Unit Operations Involved
20.4 Mass Balance and Raw Material Requirements
21 Project Details, Requirements and Costs Involved
21.1 Land Requirements and Expenditures
21.2 Construction Requirements and Expenditures
21.3 Plant Layout
21.4 Plant Machinery
21.5 Machinery Pictures
21.6 Raw Material Requirements and Expenditures
21.7 Raw Material and Final Product Pictures
21.8 Packaging Requirements and Expenditures
21.9 Transportation Requirements and Expenditures
21.10 Utility Requirements and Expenditures
21.11 Manpower Requirements and Expenditures
21.12 Other Capital Investments
22 Loans and Financial Assistance
23 Project Economics
23.1 Capital Cost of the Project
23.2 Techno-Economic Parameters
23.3 Product Pricing and Margins Across Various Levels of the Supply
Chain
23.4 Income Projections
23.5 Expenditure Projections
23.6 Taxation and Depreciation
23.7 Financial Analysis
23.8 Profit Analysis
24 Key Player Profiles
24.1 Stora Enso
24.2 KLH
24.3 Binderholz
24.4 Mayr Melnhof
24.5 Hasslacher
24.6 XLam Limited
24.7 Sterling Lumber
24.8 Shilliger Holz AG
24.9 B & K Structures
24.10 Eugen Decker Holzindustrie KG
24.11 Structurlam
24.12 SmartLam
24.13 Meiken Lamwood Corp.
For more information about this report visit https://www.researchandmarkets.com/r/gkm3mb
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