Global $2.7B Cross Laminated Timber Industry, 2028 - Europe Estimated to Have a $1.5 Billion Share in 2028 - ResearchAndMarkets.com
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Wednesday, December 22, 2021
The global cross laminated timber market is expected to reach USD 2.7 billion by 2028, according to the report.
Key Points:
- The global cross laminated timber market is expected to reach USD 2.7 billion by 2028, according to the report.
- The market is expected to expand at a CAGR of 13.6% from 2021 to 2028.
- Growing demand for lightweight, durable, and sustainable construction materials in residential, institutional, and commercial applications is anticipated to benefit market growth.
- Rising corporate-related construction activities in commercial, industrial, and office sectors are projected to have a positive impact on market growth