“Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” is published by Research And Markets.
The CLT market value is further expected to reach £1.12bn by 2024, exhibiting a compound annual growth rate of 13.4% during 2019-2024.
Europe has been a key user of CLT for buildings but countries looking to increase use of the material include China, Japan, the US, Canada, Australia, and New Zealand.
Faster build time is quoted as one of the key drivers for CLT use.
