Global Cross Laminated Timber (CLT) Market Growth 2025-2031

The global Cross Laminated Timber (CLT) market size is predicted to grow from US$ 800 million in 2025 to US$ 1305 million in 2031; it is expected to grow at a CAGR of 8.5% from 2025 to 2031.

Cross Laminated Timber (CLT) is an innovative engineered wood product made up of multiple layers of solid wood boards stacked crosswise and bonded together using adhesives or mechanical fasteners. The cross-laminated structure significantly enhances the material's rigidity, dimensional stability, and overall mechanical properties. These characteristics make CLT suitable for a wide range of structural applications, including walls, floors, roofs, and even entire building systems. Its versatility allows it to be used in various building types, from residential homes to large commercial buildings.

The technology for producing CLT was first developed in Germany and Austria in the early 1990s, marking the beginning of a new era in sustainable construction. Over the past few decades, CLT has gained immense popularity, particularly in Europe, where it is viewed as a sustainable and efficient alternative to traditional construction materials like concrete and steel. In 2018, European CLT sales reached 712.1 thousand cubic meters, accounting for more than 80% of global CLT production. Europe remains the leading region in CLT manufacturing, with significant production hubs in Austria, Germany, and Switzerland.

The global CLT market is dominated by several major players, including Stora Enso, Binderholz, KLH Massivholz, and Mayr-Melnhof Holz. Stora Enso, in particular, has emerged as the largest CLT producer in the world. The company operates several key CLT production facilities, including those at Ybbs and Bad St. Leonhard, which became operational in 2012 and 2008, respectively, and the Gruvön facility, which opened in 2019.

Trends: The CLT market is expected to experience continued growth, driven by increasing demand for sustainable building materials and the ongoing development of green building practices. Europe is expected to maintain its leadership in both production and innovation, with ongoing research and development efforts aimed at improving CLT's performance and expanding its applications. Additionally, the adoption of CLT is expanding beyond Europe, with North America emerging as a key market for this technology. The growing awareness of CLT's environmental benefits, such as its low carbon footprint and the use of renewable materials, is also contributing to its global expansion.

Moreover, advancements in CLT technology are enabling the construction of taller and more complex buildings, further demonstrating its potential as a viable alternative to traditional construction methods. As sustainability becomes increasingly central to the construction industry, CLT is likely to play a pivotal role in shaping the future of architecture and building design.

LP Information, Inc. (LPI) ' newest research report, the “Cross Laminated Timber (CLT) Industry Forecast” looks at past sales and reviews total world Cross Laminated Timber (CLT) sales in 2024, providing a comprehensive analysis by region and market sector of projected Cross Laminated Timber (CLT) sales for 2025 through 2031. With Cross Laminated Timber (CLT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cross Laminated Timber (CLT) industry.

This Insight Report provides a comprehensive analysis of the global Cross Laminated Timber (CLT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cross Laminated Timber (CLT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cross Laminated Timber (CLT) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cross Laminated Timber (CLT) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cross Laminated Timber (CLT).

This report presents a comprehensive overview, market shares, and growth opportunities of Cross Laminated Timber (CLT) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Adhesive-bonded CLT
Mechanically Fastened CLT

Segmentation by Application:
Residential Building
Commercial Building
Institutional Building
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Stora Enso
Binderholz
KLH Massivholz
Mayr-Melnhof Holz
Arolla Lda
Hasslacher Norica
ZÜBLIN Timber Construction
Lignotrend
Eugen Decker
XLam Dolomiti
W. u. J. Derix
Schilliger Holz
Mercer Mass Timber

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cross Laminated Timber (CLT) market?

What factors are driving Cross Laminated Timber (CLT) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cross Laminated Timber (CLT) market opportunities vary by end market size?

How does Cross Laminated Timber (CLT) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.