Market Overview:
The global mechanically fastened cross-laminated timber market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for green building materials and the growing awareness about the benefits of using CLT in construction applications. The global mechanically fastened cross-laminated timber market is segmented on the basis of type, application, and region. On the basis of type, regular shape and irregular shape are two major segments in this market. The regular shape segment is expected to hold a larger share than irregular shape segment during the forecast period owing to its easy installation process and better structural properties as compared to irregular shaped CLT panels. By application, residential building, commercial building, institutional building, and others are four major segments in this market.
Product Definition:
The definition of Mechanically Fastened Cross-laminated Timber is a construction product made from several layers of lumber that are cross-laminated and held together with fasteners. The importance of Mechanically Fastened Cross-laminated Timber is that it is a strong and durable construction product that can be used for many different projects.
Regular Shape:
Regular shape is the most basic form of cross-laminated timber. It has a consistent width and depth, which is important for the stability of structure. The regular shape CLT products are manufactured by using different types of machinery to cut lengths from a log, with varying thicknesses and sizes. These shapes can be used in multiple applications as they have uniformity in size and thickness throughout their length (perimeter).
Irregular Shape:
Irregular shaped cross-laminated timber (CSCT) is a special category of wood products that are manufactured using cross-laminated timber (CLT) technology. The product has been designed to meet the requirements for use in construction applications where structural stability and strength are required but the building footprint is limited. Irregular shaped CLT offers benefits such as high load capacity, low overall weight of the structure, and reduced waste compared to conventional lumber.
Application Insights:
The residential building segment led the global MFCL market and accounted for more than 45.0% share of the overall revenue in 2017. The use of cross-laminated timber in residential construction is projected to gain traction owing to its ability to resist moisture penetration, which is a major concern for wooden structures living on damp soil or prone to periodic flooding.
In addition, cross-laminated timber panels offer high resistance against insects and fungal growth due to properties such as air cell formation around the wood grain and lenticels that result in a higher barrier property around the core of wood. These factors are likely drive demand from residential applications over the forecast period.
Commercial buildings were valued at USD 2,176 million in 2017 on account of their low maintenance cost as compared with other materials used for construction purposes such as steel and concrete coupled with their aesthetic appeal makes them an ideal candidate for application within commercial buildings including hotels, restaurants etc.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction industry owing to increasing population, rising standards of living, and growing demand for housing & commercial buildings. China accounts for a major share of global CROSS-LAMINATED TIMBER (CLT) market on account of large scale utilization in residential building segment due to low land cost as compared to conventional methods.
Europe is anticipated to be one of the fastest-growing regions over the forecast period owing to increasing demand from Eastern European countries such as Russia, Poland and Turkey coupled with Germany. In addition, high level acceptance by U.K.
Growth Factors:
- Increasing demand for green and sustainable building materials
- Growing popularity of CLT in construction industry
- Rising awareness about the benefits of using CLT over traditional construction methods
- Government initiatives and subsidies for promoting use of CLT in construction sector
- Technological advancements that have made manufacturing process of CLT more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanically Fastened Cross-laminated Timber Market Research Report
By Type
Regular Shape, Irregular Shape
By Application
Residential Building, Commercial Building, Institutional Building, Others
By Companies
Stora Enso, Binderholz, KLH Massivholz, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica, ZÜBLIN Timber Construction, Lignotrend, Eugen Decker, XLam Dolomiti, Stora Enso, Schilliger Holz, Structurlam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Mechanically Fastened Cross-laminated Timber Market Report Segments:
The global Mechanically Fastened Cross-laminated Timber market is segmented on the basis of:
Types
Regular Shape, Irregular Shape
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Building, Commercial Building, Institutional Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stora Enso
- Binderholz
- KLH Massivholz
- Mayr-Melnhof Holz
- MHM Abbund-Zentrum
- Hasslacher Norica
- ZÜBLIN Timber Construction
- Lignotrend
- Eugen Decker
- XLam Dolomiti
- Stora Enso
- Schilliger Holz
- Structurlam
Highlights of The Mechanically Fastened Cross-laminated Timber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Regular Shape
- Irregular Shape
- By Application:
- Residential Building
- Commercial Building
- Institutional Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mechanically Fastened Cross-laminated Timber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mechanically fastened cross-laminated timber (MFCLT) is a type of engineered lumber made up of several layers of wood that are glued and nailed together. This construction method results in a stronger, more durable product than traditional lumber because it uses less glue and nails per unit area. MFCLT is also easier to assemble and move than traditional lumber, which makes it an ideal choice for projects that require quick installation or relocation.
Some of the key players operating in the mechanically fastened cross-laminated timber market are Stora Enso, Binderholz, KLH Massivholz, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica, ZœBLIN Timber Construction, Lignotrend, Eugen Decker, XLam Dolomiti, Stora Enso, Schilliger Holz, Structurlam.
The mechanically fastened cross-laminated timber market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanically Fastened Cross-laminated Timber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mechanically Fastened Cross-laminated Timber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanically Fastened Cross-laminated Timber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mechanically Fastened Cross-laminated Timber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mechanically Fastened Cross-laminated Timber Market Size & Forecast, 2018-2028
4.5.1 Mechanically Fastened Cross-laminated Timber Market Size and Y-o-Y Growth
4.5.2 Mechanically Fastened Cross-laminated Timber Market Absolute $ Opportunity
Chapter 5 Global Mechanically Fastened Cross-laminated Timber Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
5.2.1 Regular Shape
5.2.2 Irregular Shape
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanically Fastened Cross-laminated Timber Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Institutional Building
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanically Fastened Cross-laminated Timber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mechanically Fastened Cross-laminated Timber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mechanically Fastened Cross-laminated Timber Analysis and Forecast
9.1 Introduction
9.2 North America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
9.6.1 Regular Shape
9.6.2 Irregular Shape
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Institutional Building
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mechanically Fastened Cross-laminated Timber Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanically Fastened Cross-laminated Timber Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
10.6.1 Regular Shape
10.6.2 Irregular Shape
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Institutional Building
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mechanically Fastened Cross-laminated Timber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanically Fastened Cross-laminated Timber Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
11.6.1 Regular Shape
11.6.2 Irregular Shape
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Institutional Building
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mechanically Fastened Cross-laminated Timber Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
12.6.1 Regular Shape
12.6.2 Irregular Shape
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Institutional Building
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mechanically Fastened Cross-laminated Timber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanically Fastened Cross-laminated Timber Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mechanically Fastened Cross-laminated Timber Market Size Forecast by Type
13.6.1 Regular Shape
13.6.2 Irregular Shape
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mechanically Fastened Cross-laminated Timber Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Institutional Building
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mechanically Fastened Cross-laminated Timber Market: Competitive Dashboard
14.2 Global Mechanically Fastened Cross-laminated Timber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stora Enso
14.3.2 Binderholz
14.3.3 KLH Massivholz
14.3.4 Mayr-Melnhof Holz
14.3.5 MHM Abbund-Zentrum
14.3.6 Hasslacher Norica
14.3.7 ZÜBLIN Timber Construction
14.3.8 Lignotrend
14.3.9 Eugen Decker
14.3.10 XLam Dolomiti
14.3.11 Stora Enso
14.3.12 Schilliger Holz
14.3.13 Structurlam
