Articles
European Cross-Laminated Timber Market; Industry Overview, Top Manufactures, Market Size, Future Sco
by Chris jackson Market ResearchAccording to the latest report by IMARC Group, titled “European Cross-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the European cross-laminated timber market reached a volume of 1.25 Million Cubic Meters in 2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026.
Report Metric:
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
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Cross-laminated timber (CLT), also known as mass timber, refers to an engineered wood product made by stacking wood panels in perpendicular directions and fastening them together. This arrangement increases the structural strength, load-bearing ability, dimensional stability and rigidity of the wooden boards. CLT is fire-resistant, easy to assemble, sustainable and cost-effective compared to other conventional building materials.
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Europe Cross-Laminated Timber Market Trends:
CLT was first developed in Europe during the early 1990s. Since then, it has been extensively used in the construction of various residential and commercial spaces. This can be attributed to superior seismic, fire and thermal performance of CLT. Besides this, the green building movement in the region has prompted several constructors to use sustainable and eco-friendly construction materials, such as CLT, as its manufacturing and transportation produce less pollution than its conventional alternatives. Furthermore, the increasing awareness regarding the advantages of CLT and the improving distribution channels are expected to create a positive outlook for the market in the coming years.
Market Segmentation
Performance of Major Countries
- Austria
- Germany
- Italy
- Switzerland
- Czech Republic
- Spain
- Norway
- Sweden
- United Kingdom
- Others
Market by Application
- Residential
- Educational Institutes
- Government/Public Buildings
- Commercial Spaces
Market by Product Type
- Custom CLT
- Blank CLT
Market by Element Type
- Wall Panels
- Flooring Panels
- Roofing Slabs
- Others
Market by Raw Material Type
- Spruce
- Pine
- Fir
- Others
Market by Bonding Method
Adhesive Bonded
Mechanically Fastened
Market by Panel Layers
- 3-Ply
- 5-Ply
- 7-Ply
- Others
Market by Adhesive Type
- PUR (Polyurethane)
- PRF (Phenol Resorcinol Formaldehyde)
- MUF (Melamine-Urea-Formaldehyde)
- Others
Market by Press Type
- Hydraulic Press
- Vacuum Press
- Pneumatic Press
- Others
Market by Storey Class
- Low-Rise Buildings (1-4 Storeys)
- Mid-Rise Buildings (5-10 Storeys)
- High-Rise Buildings (More than 10 Storeys)
Market by Application Type
- Structural Applications
- Non-Structural Applications
Some of the leading players operating in the market are:
- Stora Enso Oyj (SEOAY)
- KLH Massivholz GmbH
- Binderholz GmbH
- Mayr Melnhof Karton AG (VIE: MMK)
- Hasslacher Holding GmbH
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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About Chris jackson 
Market Research
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Created on May 14th 2021 06:48. Viewed 153 times.
