Japan Glued Laminated Timbers and Cross Laminated Timbers Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The Glued Laminated Timbers (Glt) And Cross Laminated Timbers (Clt) Market Is Experiencing Rapid Growth Due To A Surge In Demand For Sustainable, High-Performance Building Materials. With Environmental Concerns Rising And The Construction Industry Embracing Eco-Friendly Solutions, Glt And Clt Are Gaining Widespread Recognition. These Engineered Wood Products Offer Strength, Durability, And Aesthetic Appeal, Making Them Highly Sought After In Both Residential And Commercial Construction Projects.
Glued Laminated Timbers, Or Glulam, Is A Type Of Engineered Wood That Is Made By Bonding Together Layers Of Timber With Durable Adhesives. This Construction Material Can Be Used In A Variety Of Structural Applications, Including Beams, Columns, And Bridges. Glulam’S Ability To Offer Both Flexibility And Strength Allows Architects To Design Larger, More Open Spaces With Fewer Supporting Columns, A Significant Advantage In Modern Architecture.
Cross Laminated Timbers, Or Clt, On The Other Hand, Consists Of Multiple Layers Of Timber Boards Stacked Crosswise And Bonded Together With Adhesives. This Process Creates A Robust, Stable Product That Is Both Lightweight And Strong. Clt Is Often Used In The Construction Of Walls, Floors, And Roofs, And Is Gaining Popularity Due To Its Sustainability, Energy Efficiency, And Ability To Withstand Fire And Seismic Forces.
The Growing Trend Of Using Renewable Materials In Construction, Driven By The Shift Towards Greener And More Sustainable Buildings, Has Made Glt And Clt Indispensable To The Industry. In Addition To Their Eco-Friendly Properties, These Materials Are Cost-Effective And Provide Significant Energy Savings Over Time. The Growing Number Of Clt And Glt Manufacturing Facilities Across North America, Europe, And Asia Further Indicates A Strong Market Outlook.
The Construction Sector’S Adoption Of These Wood-Based Materials Is Expected To Increase As Developers And Architects Look For Ways To Reduce The Carbon Footprint Of Their Projects. Furthermore, Technological Advancements In Timber Processing And Production Are Improving The Quality And Availability Of Glt And Clt, Making Them More Accessible To A Global Market. As These Materials Continue To Prove Their Value In Modern Construction, Their Market Share Is Anticipated To Grow Steadily In The Coming Years.
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Glued Laminated Timbers And Cross Laminated Timbers Market
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Boise Cascade
Calvert Glulam
Katerra
Structurlam
Sterling
Western Structures
Freres Lumber
DR Johnson Wood Innovations
StructureCraft
Pfeifer Group
Canfor Corporation
Setra Group
Schilliger Holz
Nordic Karelian Group
Mayr-Melnhof Holz
Binderholz GmbH
B&K Structures
KLH Massivholz
Hasslacher
Stora Enso
ZüBLIN Timber
Lignotrend
Eugen Decker
Meiken Lamwood Corp
Glulam Ltd
Buckland Timber
Simonin
Rubner Gruppe
Xihuan Wood
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Glued Laminated Timbers and Cross Laminated Timbers Market
Residential
Industrial
Commercial
Sports & Leisure
Agricultural
Other
Based on Types the Market is categorized into Below types that held the largest Glued Laminated Timbers and Cross Laminated Timbers market share In 2023.
Glued Laminated Timbers
Cross Laminated Timbers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Glued Laminated Timbers and Cross Laminated Timbers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Glued Laminated Timbers and Cross Laminated Timbers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glued Laminated Timbers and Cross Laminated Timbers Market, By Type
6. Global Glued Laminated Timbers and Cross Laminated Timbers Market, By Application
7. Global Glued Laminated Timbers and Cross Laminated Timbers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Glued Laminated Timbers and Cross Laminated Timbers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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