Delray Beach, FL , Feb. 05, 2026 (GLOBE NEWSWIRE) — The Cross-Laminated Timber (CLT) Market is projected to reach USD 3.60 billion by 2030 from USD 1.60 billion in 2024, at a CAGR of 14.68% during the forecast period, as per the recent study by MarketsandMarkets™. CLT is an engineered wood product known for its high performance. It is produced by stacking layers of solid-sawn timber boards in alternating directions and bonding them together with structural adhesives. This crosswise arrangement enhances the material’s dimensional stability, load-bearing capacity, and rigidity, making CLT suitable for both structural and non-structural applications. CLT is lightweight and offers excellent fire and earthquake resistance, as well as superior thermal and acoustic insulation properties, which have led to its increased use in modern construction. Its versatility allows for a wide range of applications in both residential and commercial buildings, as well as in institutional settings, where it is utilized for walls, floors, roofs, stairways, and modular construction.
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Browse in-depth TOC on “Cross Laminated Timber Market”
223 – Market Data Tables
52 – Figures
209 – Pages
List of Key Players in Cross Laminated Timber Market:
Mayr-Melnhof Holz (Austria)Stora Enso (Finland)Binderholz GmbH (Austria)HASSLACHER Holding GmbH (Austria)Schilliger Holz AG (Switzerland)Eugen Decker Holzindustrie KG (Germany)KLH Massivholz GmbH (Austria)Mercer Mass Timber (Canada)XLam (Australia)Pfeifer Holding GmbH (Austria)
Drivers, Opportunities and Challenges in Cross Laminated Timber Market:
Drivers: Favorable government policies and building code advancementsRestraint: Limited manufacturing capacity and supply chain gapsOpportunity: Potential in renovation and adaptive reuse projectsChallenge: Moisture sensitivity and durability concerns
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