Cross Laminated Timber Market Overview 

The global cross laminated timber market is gaining steady momentum as construction stakeholders seek reliable structural materials that align with environmental targets and faster project delivery models. According to Mordor Intelligence, the market size is estimated at 2.15 million cubic meters in 2025 and is projected to reach 3.69 million cubic meters by 2030, growing at a CAGR of 11.45% during the forecast period. 

Key Trends Shaping the Cross Laminated Timber Market 

Rising Use of Modular and Prefabricated Construction 

The expansion of modular construction is a defining trend within the cross laminated timber market. Governments in the European Union, Canada, and Australia are supporting prefabricated timber systems through grants, procurement preferences, and updated compliance guidelines. 

Growing Preference for Sustainable Building Materials 

Sustainability considerations are reshaping material selection across the construction sector. Life-cycle assessments highlight the lower embodied carbon of CLT compared with conventional materials, supporting its use in regions where emissions reporting and carbon pricing are becoming mandatory.  

Demand for Mid-Rise and Tall Timber Structures 

Recent updates to building regulations in the United States and parts of Europe have expanded allowable heights for mass timber buildings. These changes are increasing investor confidence and unlocking new project types for the cross laminated timber industry. 

Cross Laminated Timber Market Segmentation Analysis 

By Bonding Technology 

  • Adhesive-Bonded 

  • Mechanically Fastened 

By Raw-Material Species 

  • Spruce 

  • Pine 

  • Fir 

  • Douglas-Fir 

  • Hardwood (e.g., Poplar, Beech, Oak) 

By Element Type 

  • Wall Panels 

  • Floor Panels 

  • Roof Panels 

  • Others (Elevator Cores, Staircases, Bridge Decks, Infrastructure Elements) 

By Application 

  • Residential 

  • Non-Residential 

  • Commercial 

  • Industrial / Institutional 

  • Other Applications (Military Housing, Emergency Shelters, Event Structures) 

By Bonding Technology 

  • Adhesive-Bonded 

  • Mechanically Fastened 

By Raw-Material Species 

  • Spruce 

  • Pine 

  • Fir 

  • Douglas-Fir 

  • Hardwood (e.g., Poplar, Beech, Oak) 

By Element Type 

  • Wall Panels 

  • Floor Panels 

  • Roof Panels 

  • Others (Elevator Cores, Staircases, Bridge Decks, Infrastructure Elements) 

By Application 

  • Residential 

  • Non-Residential 

  • Commercial 

  • Industrial / Institutional 

  • Other Applications (Military Housing, Emergency Shelters, Event Structures) 

Key Players in the Cross Laminated Timber Market 

  • Binderholz GmbH 

  • HASSLACHER Holding GmbH 

  • KLH Massivholz GmbH 

  • Mayr-Melnhof Holz Holding AG 

  • Stora Enso 

  • Structurlam Mass Timber Corporation 

  • SmartLam North America 

  • Nordic Structures 

  • Segezha Group 

  • Other regional and emerging CLT manufacturers 

Conclusion 

The global cross laminated timber market is set for consistent growth as environmental regulation, construction efficiency, and design flexibility increasingly align. While challenges such as raw-material price volatility and adhesive certification gaps remain, especially in parts of Asia, ongoing research and policy support are helping reduce adoption barriers. Europe is expected to retain its leading position through 2030, supported by emissions pricing and public housing programs.