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Global Cross-laminated Timber Market To Reach 1.4 Million Cubic Metres By 2022 Blog


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According to a new report by Expert Market Research, the global cross-laminated timber market reached a production volume of 0.8 Million Cubic Metres in 2016 and is further expected to reach 1.4 Million Cubic Metres by 2022. One of the major factors driving the growth of the market has been the revisions in the International Building Code 2015 which have allowed the use of CLT for high-rise buildings. Some of the factors which are anticipated to influence the market growth include growing awareness, improved marketing and effective distribution channels, reduced building costs, and rising demands for improved and energy-efficient building materials.

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Global Cross-Laminated Timber Market to Reach 1.4 Million Cubic Metres by 2022

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