European Cross-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

European Cross-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021 •
  • 157 pages •
  • Report ID: 4837112 •
  • Format: PDF
The European cross-laminated timber market reached a volume of 1.25 Million Cubic Meters in 2020. Cross-laminated timber, or CLT, is an engineered wood product, which is made by stacking layers of wood panels in perpendicular directions and fastening them together. This crosswise arrangement helps in increasing the structural strength, load-bearing capacity, dimensional stability and rigidity of the wood panels while reducing their shrinkage and swelling. CLT was first developed in Europe during the early 1990s and has now come to represent an important construction material in the region. It is also used for a number of residential and commercial applications, either in combination with other building materials and wood products or as a standalone system.

CLT represents an inexpensive, flexible and time-saving substitute to conventional construction materials such as concrete, steel and masonry. This is a result of the prefabrication of CLT according to the desired dimensions and shapes that reduces on-site waste, as well as saves installation time. Moreover, it represents an environment-friendly and sustainable building material as it is made of wood. CLT panels also help in reducing the amount of carbon dioxide present in the environment by trapping more than 1500 kg of CO2 per ton. The manufacturing and transportation of CLT also produce lesser pollution as compared to conventional building materials. One of the significant factors that have facilitated the demand for CLT in the European region is the green building movement, which requires constructors to use sustainable and eco-friendly construction materials. Amendments in the International Building Code 2015, allowing the use of CLT for the large building, has also helped in expanding the market. Enhanced marketing and increasing awareness about the advantages of CLT, along with improved distribution channels, represent some of the other growth-inducing factors. Looking forward, the analyst expects the European cross-laminated timber market to exhibit strong growth during the forecast period (2021-2026).

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global European cross-laminated timber market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, application, product type, element type, raw material type, bonding method, panel layers, adhesive type, press type, storey class and application type.

Breakup by Application:
Residential
Educational Institutes
Government/Public Buildings
Commercial Spaces

At present, the residential sector represents the largest segment, holding the majority of the total market share.

Breakup by Product Type:
Custom CLT
Blank CLT

Custom CLT currently represents the most popular type, accounting for the dominant share.

Breakup by Element Type:
Wall Panels
Flooring Panels
Roofing Slabs
Others

Amongst these, wall panels account for nearly half of the total market share.

Breakup by Raw Material Type:
Spruce
Pine
Fir
Others

Presently, spruce is mostly used in the production of CLT panels.

Breakup by Bonding Method:
Adhesive Bonded
Mechanically Fastened

Adhesive bonding is the dominant segment, holding the majority of the total market share.

Breakup by Panel Layers:
3-Ply
5-Ply
7-Ply
Others

Among these, 3-ply CLT panels hold the leading position in the market.

Breakup by Adhesive Type:
PUR (Polyurethane)
PRF (Phenol Resorcinol Formaldehyde)
MUF (Melamine-Urea-Formaldehyde)
Others

PUR (polyurethane resin) is the most popular adhesive used for fastening CLT panels.

Breakup by Press Type:
Hydraulic Press
Vacuum Press
Pneumatic Press
Others

At present, CLT panels are primarily manufactured using a hydraulic press.

Breakup by Storey Class

Low-Rise Buildings (1-4 Storeys)
Mid-Rise Buildings (5-10 Storeys)
High-Rise Buildings (More than 10 Storeys)

Based on the storey class, low-rise buildings (1-4 storeys) represent the leading segment.

Breakup by Application Type

Structural Applications
Non-Structural Applications

Structural applications represent the largest segment.

Regional Insights:
Austria
Germany
Italy
Switzerland
Czech Republic
Spain
Norway
Sweden
United Kingdom
Others

Region-wise, Austria exhibits a clear dominance in the market.

Competitive Landscape:
The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

Stora Enso Oyj
KLH Massivholz GmbH
Binderholz GmbH
Mayr Melnhof Karton AG
Hasslacher Holding GmbH

Key Questions Answered in This Report:
How has the European cross-laminated timber market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the European cross-laminated timber market?
Which are the popular product types in the market?
What are the key application segments in the market?
What are the major element types in the market?
What are the popular raw material types used in the market?
What are the major bonding methods in the market?
What are the significant panel layers used in the market?
What are the key adhesive types in the market?
Which are the popular press types in the market?
What are the various storey class in the market?
What are the major application types in the market?
What are the price trends of European CLT?
What are the various stages in the value chain of the market?
What are the key driving factors and challenges in the industry?
What is the structure of the industry and who are the key players?
What is the degree of competition in the industry?
What are the profit margins in the industry?
What are the key requirements for setting up a manufacturing plant?
How is CLT manufactured?
What are the various unit operations involved in a CLT manufacturing plant?
What is the total size of land required for setting up a CLT manufacturing plant?
What are the machinery requirements for setting up a CLT manufacturing plant?
What are the construction requirements for setting up a CLT manufacturing plant?
What are the raw material requirements for setting up a CLT manufacturing plant?
What are the packaging requirements for CLT?
What are the transportation requirements for CLT?
What are the utility requirements for setting up a CLT manufacturing plant?
What are the manpower requirements for setting up a CLT manufacturing plant?
What are the capital costs for setting up a CLT manufacturing plant?
What will be the income and expenditures for a CLT manufacturing plant?
What is the time required to break-even?