Global Cross-Laminated Timber Market
Dublin, June 15, 2022 (GLOBE NEWSWIRE) — The “Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global cross-laminated timber market reached a volume of 1,853,437 Cubic Metres in 2021. Looking forward, the publisher expects the market to reach 3,777,532 Cubic Metres by 2027, exhibiting at a CAGR of 12.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Cross-laminated timber (CLT) is an engineered wood product that is rapidly gaining popularity across the globe as a sustainable alternative to concrete and steel construction in commercial and multi-residential applications. The system consists of multilayer panels made from solid wood boards stacked crosswise and glued together. The cross-laminated configuration improves rigidity, dimensional stability, and mechanical properties.
Structurally, CLT offers performance comparable to concrete or steel, with panels suitable for use as walls, floors, roofs and other applications. CLT panels are strong and stiff, which allows them to be used in a wide range of applications. The use of CLT panels has become a successful and popular method of construction in Europe since it was first introduced during the early 1990’s. It is currently used for all kinds of structures ranging from houses, barns, powerline towers, churches and bridges to high-rise apartment and office buildings, adding visibility and reputation to the system.
Global Cross Laminated Timber Industry 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, NewZealand, 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.
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Stora Enso, KLH, Binderholz, Mayr Melnhof, Hasslacher, XLam Limited, Sterling Lumber, Shilliger Holz AG, Eugen Decker Holzindustrie KG, Structurlam, SmartLam, Meiken Lamwood Corp.
Key Questions Answered in This Report
1. What is the size of the global cross-laminated timber market?
2. What are the key factors driving the global cross-laminated timber market?
3. What has been the impact of COVID-19 on the global cross-laminated timber market?
4. What is the breakup of the global cross-laminated timber market based on the product type?
5. What is the breakup of the global cross-laminated timber market based on the element type?
6. What is the breakup of the global cross-laminated timber market based on the raw material?
7. What is the breakup of the global cross-laminated timber market based on the bonding method?
8. What is the breakup of the global cross-laminated timber market based on the panel layers?
9. What is the breakup of the global cross-laminated timber market based on the adhesive type?
10. What is the breakup of the global cross-laminated timber market based on the press type?
11. What is the breakup of the global cross-laminated timber market based on the storey class?
12. What is the breakup of the global cross-laminated timber market based on the application type?
13. What are the key regions in the global cross-laminated timber market?
14. Who are the key players/companies in the global cross-laminated timber market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
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
5.2.1 Production Volume
5.2.2 Production Value
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Region
5.6 Market Breakup by Application
5.7 Market Breakup by Product Type
5.8 Market Breakup by Element Type
5.9 Market Breakup by Raw Material Type
5.10 Market Breakup by Bonding Method
5.11 Market Breakup by Panel Layers
5.12 Market Breakup by Press Type
5.13 Market Breakup by Adhesive Type
5.14 Market Breakup by Storey Class
5.15 Market Breakup by Application Type
5.16 Market Forecast
5.17 SWOT Analysis
5.18 Value Chain Analysis
5.19 Porter’s Five Forces Analysis
5.20 Key Market Drivers and Success Factors
6 Performance of Key Regions
7 Market by Application
7.1 Residential
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Educational Institutes
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Government/Public Buildings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Commercial Spaces
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market by Product Type
8.1 Custom CLT
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Blank CLT
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market by Element Type
9.1 Wall Panels
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Flooring Panels
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Roofing Slabs
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market by Raw Material Type
10.1 Spruce
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Pine
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Fir
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market by Bonding Method
11.1 Adhesively Bonded
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Mechanically Fastened
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market by Panel Layers
12.1 3-Ply
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 5-Ply
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 7-Ply
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Others
12.4.1 Market Trends
12.4.2 Market Forecast
13 Market by Adhesive Type
13.1 PUR (Polyurethane)
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 PRF (Phenol Resorcinol Formaldehyde)
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 MUF (Melamine-Urea-Formaldehyde)
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 Others
13.4.1 Market Trends
13.4.2 Market Forecast
14 Market by Press Type
14.1 Hydraulic Press
14.1.1 Market Trends
14.1.2 Market Forecast
14.2 Vacuum Press
14.2.1 Market Trends
14.2.2 Market Forecast
14.3 Pneumatic Press
14.3.1 Market Trends
14.3.2 Market Forecast
14.4 Others
14.4.1 Market Trends
14.4.2 Market Forecast
15 Market by Storey Class
15.1 Low-Rise Buildings (1-4 Storeys)
15.1.1 Market Trends
15.1.2 Market Forecast
15.2 Mid-Rise Buildings (5-10 Storeys)
15.2.1 Market Trends
15.2.2 Market Forecast
15.3 High-Rise Buildings (More than 10 Storeys)
15.3.1 Market Trends
15.3.2 Market Forecast
16 Market by Application Type
16.1 Structural Applications
16.1.1 Market Trends
16.1.2 Market Forecast
16.2 Non-Structural Applications
16.2.1 Market Trends
16.2.2 Market Forecast
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 Eugen Decker Holzindustrie KG
24.10 Structurlam
24.11 SmartLam
24.12 Meiken Lamwood Corp.
For more information about this report visit https://www.researchandmarkets.com/r/a7z7kf
Attachment
Global Cross-Laminated Timber Market
Devon Energy produces another amazing quarter to satisfy its shareholders
He also predicts a ‘more significant pullback’ if this one thing happens.
Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at a low, low price – and then watching it appreciate in the mid- to long-term. Portfolio growth of that sort is one of the reasons investors are in the investing game to begin with. So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain down in the dumps? That’s what the pros on Wall Street are here for. Using TipRanks’ p
THE MONEYIST Dear Quentin, I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic.
Yahoo Finance's Akiko Fujita discusses Alibaba responding to delisting fears.
For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.
Yahoo Finance markets reporter Ines Ferre helps break down Pinterest's second-quarter earnings report.
Figuring out the most efficient way to navigate the tax impact of inheriting individual retirement accounts has become more complicated since the Internal Revenue Service issued proposed new rules in February. The rules on inherited IRAs were most recently changed in the 2019 Secure Act, which introduced a new 10-year payout rule for inherited accounts. The previous rule said those who inherited an IRA, Roth IRA or 401(k) could spread out withdrawals over their lifetime.
China is after the head of its leading state-backed chip investment fund, shortly following a similar probe into a former executive linked to the fund, Reuters reports. China suspected Ding Wenwu, the head of China Integrated Circuit Industry Investment Fund, or the "Big Fund," of severe law violations and was under disciplinary review. In July, China placed Lu Jun, former head of investment firm Sino IC Capital, which managed the Big Fund, under investigation, citing a "serious violation of dis
Yahoo Finance reporter Dan Howley looks at how tech company Oracle's stock is moving to the downside amid reports that it's starting to lay off thousands of U.S. employees.
Transocean (RIG) delivered earnings and revenue surprises of 9.09% and 5.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) — BP Plc hiked its dividend and accelerated share buybacks to the fastest pace yet after profits surged. Most Read from BloombergYou Won’t Like What Comes After InflationPelosi Is Expected to Visit Taiwan, Ramping Up US-China TensionsManchin Spending Deal Includes Billions in Oil Import TaxesBiden Team Tries to Blunt China Rage as Pelosi Heads for TaiwanThe oil and gas industry is boosting returns to shareholders as the cash rolls in, even while the energy crisis triggered by Russia
CEO Sundar Pichai said productivity has fallen behind its targets considering its number of employees.
Mosaic (MOS) delivered earnings and revenue surprises of -7.38% and 4.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Top trending after-hours tickers on Yahoo Finance.
Apple is gearing up for a four-part bond sale to fund stock buybacks. Apple (ticker: AAPL ) is planning to use the proceeds from the sale for general corporate purposes, including buying back shares and paying dividends, the company said in a filing with the Securities and Exchange Commission. Apple didn’t disclose how much money it was raising or what interest rates it will pay, but the latest report from Bloomberg said the offering was for $5.5 billion.
(Bloomberg) — Apple Inc. tapped the US high-grade bond market Monday with a $5.5 billion sale in four parts. Most Read from BloombergYou Won’t Like What Comes After InflationPelosi Is Expected to Visit Taiwan, Ramping Up US-China TensionsManchin Spending Deal Includes Billions in Oil Import TaxesBiden Team Tries to Blunt China Rage as Pelosi Heads for TaiwanThe longest portion of the offering, a 40-year security, yields 118 basis points over US Treasuries, down from initial price discussions in
LONDON (Reuters) -BP's second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production. The strong performance caps a blowout quarter for the top Western oil and gas companies on the back of soaring energy prices that have increased pressure on governments to impose new taxes on the sector to help consumers. BP shares were up 3.6% at the opening of trading in London.
Revlon shares have doubled on news that a court approved its $1.4 billion bankruptcy loan.
(Bloomberg) — As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the funding have to promise not to increase their production of advanced chips in China. Most Read from BloombergYou Won’t Like What Comes After InflationPelosi Is Expected to Visit Taiwan, Ramping Up US-China TensionsManchin Spending Deal Includes Billions in Oil Import TaxesBiden Team Tries to Blunt China Rage as
