Cross-Laminated Timber Market in Europe 2020: Industry Report, COVID-19 Impact Analysis, Growth, Opportunities and Forecast till 2025 – IMARCGroup

Cross-Laminated Timber Market in Europe 2020: Industry Report, COVID-19 Impact Analysis, Growth, Opportunities and Forecast till 2025 - IMARCGroup

European cross-laminated timber market reached a volume of 821,270 Cubic Meters in 2019
The European cross-laminated timber market reached a volume of 821,270 Cubic Meters in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years, according to a new report by IMARC Group.

Cross-laminated timber (CLT) was first introduced in the early 1990s in Europe. Since then, it has been widely used in the construction of residential and commercial buildings in the region. This can be accredited to the advantages offered by CLT, which include durability, flexibility and cost-effectiveness. Apart from this, as it is manufactured by gluing multiple layers of solid-sawn lumber, the process provides high structural strength and dimensional rigidity, increases the splitting resistance of the product and results in a lower environmental impact.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/european-cross-laminated-timber-market

European Cross-Laminated Timber Market Trends:

At present, there is a rise in the demand for CLT in Europe as it is a sustainable material and aids in sequestering the carbon dioxide (CO2) present in the environment. Apart from this, it is considered as an alternative to concrete, steel and masonry in various applications. Besides this, initiatives by various regional and international organizations for encouraging the development of green buildings are further driving the demand for CLT. For instance, the European Regional Network (ERN), a part of the World Green Building Council, is a community of over 4’600 members across Europe. It is continuously working toward raising awareness, building skills and capacity, providing financial and economic incentives, and helping create favorable policies and regulations for promoting sustainable construction in the region.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

European CLT Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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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

The report has segmented the market on the basis of Application, Product Type, Element Type, Raw Material Type, Bonding Methond, Panel Layers, Adhesive Tapes, Press Type, Storey Class, Allication Type, and Major Countries.

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

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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.

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