info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Cross Laminated Timber Market Size

ID: MRFR//6490-HCR | 111 Pages | Author: Snehal Singh| September 2025

Cross Laminated Timber Market Size Snapshot

YearValue
2024USD 1.43 Billion
2035USD 3.5 Billion
CAGR (2025-2035)8.48 %

Note – Market size depicts the revenue generated over the financial year

Cross laminated timber (CLT) is a market with significant growth potential. CLT is expected to reach a market size of $ 1.43 billion in 2024 and $ 3.5 billion by 2035. This translates into a high CAGR of 8.48% from 2025 to 2035. The increasing demand for sustainable building materials, driven by the global shift towards eco-friendly construction, is the main driving force of this market. CLT is a sustainable building material with high mechanical strength, low weight and low embodied carbon. As urbanization increases and the demand for sustainable building materials increases, CLT is increasingly replacing other building materials. CLT manufacturers, such as Stora Enso, KLH Massivholz and Binderholz, are investing heavily in R & D to further develop their product offerings and expand their market presence. Strategic initiatives, such as sustainable forest management and investments in advanced manufacturing, are also driving innovation in this industry. In the long run, the CLT industry is expected to benefit from the trend towards sustainable construction and will continue to grow.

home-ubuntu-www-mrf_ne_design-batch1_child_pages-cross-laminated-timber-market size
Regional Market Size

Regional Deep Dive

Cross-laminated timber (CLT) is a market with a lot of potential. The demand for sustainable building materials and innovative construction techniques is growing rapidly. In North America, the market is characterized by the growing acceptance of CLT in commercial and residential buildings, supported by regulations and a shift towards more sustainable building practices. In Europe, the market is characterized by established supply chains and a strong emphasis on sustainable building practices. In the Asia-Pacific region, rapid urbanization and development of transport and communication systems are creating new opportunities for CLT applications. The Middle East and Africa (MEA) region is a little more cautiously embracing CLT, which is supported by the need for sustainable building solutions in rapidly developing cities. Latin America is also beginning to explore CLT as a viable alternative to traditional building materials, mainly driven by a focus on the environment and the need for fast and efficient building methods.

North America

  • CLT is making great strides in the United States, and the T3 building in Minneapolis is one of the largest timber buildings in the country.
  • In the United States, the International Building Code has been encouraging the use of CLT and mass timber construction, and architects and builders have begun to adopt this new material.
  • The American Wood Council is promoting CLT with educational resources and events, and increasing the understanding of its advantages among the industry’s players.

Europe

  • Austria and Germany, with companies such as KLH Massivholz and Binderholz, are leading the way in the development of CLT and in the implementation of CLT projects.
  • The Green Deal, national building codes and the European Union's Green Deal are promoting sustainable building practices, which are boosting the demand for CLT as a renewable building material.
  • A new building, the HoHo-Wien, Austria, combines CLT with a multi-storey building, demonstrating the architectural possibilities and the benefits of a sustainable use of wood in urban areas.

Asia-Pacific

  • Australia is on the way to a great CLT boom, with the International House in Sydney establishing new standards in sustainable building and showcasing the aesthetic potential of timber.
  • China's increasing urbanization and the government's support for green building materials are driving the use of CLT.
  • Japan is also investing in CLT production as part of its resurgence of traditional wood-construction methods, and companies like Sumitomo Forestry are investing in CLT factories to meet the domestic and international demand.

MEA

  • A project such as the Dubai 2040 Urban Master Plan is a step in the right direction.
  • The CLT has already been used in the construction of the first houses in the town of Södertörn in the years after the war. In the last ten years, however, the construction industry in the region has developed into a very important industry, with the production of CLT being one of the most important industries in the country.
  • The regulatory framework is slowly evolving to accommodate the use of mass timbers. This could have a significant impact on the future of CLT in the region.

Latin America

  • Brazil is becoming a key player in the CLT market, with initiatives to promote sustainable forestry and timber construction, supported by the Brazilian Institute for the Environment and Renewable Natural Resources.
  • In the light of growing awareness of the environment, interest in CLT as a sustainable alternative to concrete and steel in building projects has increased considerably.
  • The CLT is proving its worth in a number of urban projects, where architects and contractors are beginning to explore its possibilities for both commercial and residential buildings.

Did You Know?

“Cross-laminated timber is a highly sustainable building material, because compared to conventional building materials, it emits only a quarter of the carbon dioxide as compared to concrete and steel.” — Forest Stewardship Council (FSC)

Segmental Market Size

Cross-laminated timber (CLT) is a major player in the sustainable construction market, which is growing strongly at present, driven by a growing demand for sustainable building materials. This demand is being driven by a greater awareness of the environment, by legislation which promotes green building, and by advances in timber engineering. CLT is becoming the material of choice for architects and builders who are looking for sustainable alternatives to traditional materials.

At present CLT is in a stage of limited application, and the United States and Canada, with the notable exception of Scandinavia, are leading the way in the implementation of CLT, particularly in multi-storey residential and commercial buildings. The CLT building, Brock Commons Tallwood House, in Vancouver is a prominent example of the use of CLT. This market is also benefiting from the macro-economic trend towards the reduction of the carbon footprint and the encouragement of sustainable building materials. CLT is also benefiting from the development of digital fabrication and advanced structural analysis tools, which are making its use in modern architecture easier.

Future Outlook

CLT market to rise from $1.4 billion to $3.1 billion in 2035, at a CAGR of 8.48%. This growth is due to the increasing demand for sustainable building materials, as the construction industry increasingly places an emphasis on eco-friendliness. CLT is expected to account for approximately 15% of the total wood market by 2035, due to its advantages in carbon sequestration, energy efficiency, and reduced construction waste, which are in line with the international goals of reducing the carbon footprint of buildings.

The CLT market will continue to grow in the coming years as a result of technological advances, such as improvements in manufacturing processes and the structural performance of CLT. The use of prefabricated components and digital fabrication methods will also lead to a faster and cheaper construction process, which will increase the use of CLT in residential and commercial buildings. Also, the governments’ supportive policies and subsidies for sustainable building practices will further drive the CLT market. The integration of smart building technology and the use of CLT in high-rise buildings will also contribute to the growth of the market. CLT will be the key material in the sustainable, modern architecture.

Covered Aspects:
Report Attribute/Metric Details
Market Size Value In 2023 USD 567.86 billion
Growth Rate 2.86% (2024-2032)
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.