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Cross-laminated Blocks Are a New Product of Contemporary Timber Construction.

Cross-laminated timber (CLT) is a large-scale, prefabricated, solid engineered wood panel. Lightweight yet very strong, with superior acoustic, fire, seismic and thermal performance, CLT is also fast and easy to install, generating almost no waste onsite. CLT offers design flexibility and low environmental impacts. For these reasons, cross-laminated timber is proving to be a highly advantageous alternative to conventional materials like concrete, masonry or steel, especially in multifamily and commercial construction.

 CLT panel consists of several layers of kiln-dried lumber boards stacked in alternating directions, bonded with structural adhesives, and pressed to form a solid, straight, rectangular panel. CLT panels consist of an odd number of layers (usually, three to seven,) and may be sanded or prefinished before shipping. While at the mill, CLT panels are cut to size, including door and window openings, with state-of-the art CNC (Computer Numerical Controlled) routers, capable of making complex cuts with high precision. Finished CLT panels are exceptionally stiff, strong and stable, handling load transfer on all sides. In structural systems such as Wall Panels, Flooding Panels and Roofing Slabs, CLT panels are used as load-bearing components. Therefore, in wall applications, the wood used in the outer layer of the CLT panel is usually oriented vertically, so its fibers run parallel to the gravity load, thereby maximizing the vertical load capacity of the wall. In floor and roof applications, the wood used in the outer layer is oriented so that its fibers are parallel to the span direction. According to the different parts of the application, Cross Laminated Timber market is divided into Wall Panels, Flooring Panels and Roofing Slabs by types.

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Cross-laminated Timber Market Analysis and Forecasts

According to our research, the Europe Cross Laminated Timber market has a total sales value of 351.44 M USD back in 2015, and increased to 679.86 M USD in 2020. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, we made the prediction that the value of Cross Laminated Timber markets can be 1463.68 M USD by 2025. The CAGR of Cross Laminated Timber is 16.57% from 2020 to 2025.

Germany was the largest revenue market with a market share of 26.48% in 2015 and 25.47% in 2020 with a decrease of 1.01%. France ranked the second market with the market share of 15.48% in 2019. Cross Laminated Timber companies are mainly from Europe; the industry concentrate rate is high. The top three companies are Binderholz GmbH, Stora Enso and KLH Massivholz GmbH with the revenue market share of 27.50%, 20.14% and 11.44% in 2019. The Europe Cross Laminated Timber market is expected to witness a steady growth during the forecast period because of the growing demand from downstream industries. The other factor that is driving the growth of the Cross Laminated Timber market is using of renewable resources. Although sales of Cross Laminated Timber brought some opportunities, the study group recommends the new entrants who has not industry chain advantage and accurate positioning of the downstream segments do not enter into the Cross Laminated Timber field. What is more, the company in this industry should pay attention to their R&D, keep on launching new product, keep on innovation and improving services, then they may get the competition advantage, and get a bigger market share.

 

Impact of the Outbreak on the Cross-laminated Timber Market

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 32 million.; the number of confirmed cases in Europe has exceeded 4 million. Different industries are affected differently by the epidemic situation. The impact on Cross Laminated Timber is mainly reflected in the supply of material and operation of the market. Affected by the COVID-19 epidemic, logistics will be suspended and the supply of Cross Laminated Timber will be tight. Due to the global threat of COVID -19, the resumption of work in the factory will directly affect the customer\'s production plan for goods and shipments. The continuous outbreak of the international epidemic situation, if the personnel control of each country is extended, it will affect the smooth supply of equipment and materials.

For the operation of the market, during the COVID-19 epidemic, in order to firmly prevent the spread of epidemics, governments have promulgated measures to extend vacations, delay business recovery, flow control and traffic control measures, and postpone recovery activities. COVID- 19 has a huge impact on the operation of the industry, of which the impact on SMEs is more obvious.The company\'s inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company\'s solvency. In addition to the impact on upstream raw material supply and industry operations, the impact of the epidemic on the Cross Laminated Timber market is mainly reflected in downstream demand. For example, in the construction industry, projects in all areas of the construction industry are susceptible to factors such as delays in goods, materials, plant and equipment, or travel restrictions. Certain projects may be more susceptible to critical delays. For example, the impact of seasonal factors may be amplified, or the ability of contractors to complete key facilities or deployments with longer delivery cycles may be affected. These will affect the demand for Cross Laminated Timber.

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