North America Cross-Laminated Timber Market Gains Fast Traction, States IMARC Group in Its In-demand Report Available at MarketPublishers.com05 May 2017 • by Natalie Aster
LONDON – Since the advent of cross laminated timber (CLT) in the North American region in early 2000s, its usage has gathered speed. It is now utilised either as an independent system or together with other engineering materials in the construction of mid-rise and high-rise commercial and residential buildings.
North America’s CLT market has seen robust growth during the past several years.
Since the region’s governments shift their focus towards sustainable building solutions, this facilitates the use of CLT in the construction sector. Furthermore, as CLT is prefabricated and needs minimal time of installation, it is easier to install and more cost-effective in comparison with other building materials. It also provides design flexibility and has specific aesthetic appeal, which has made it popular amid architects and interior designers. Due to these factors, the North American CLT marketplace is anticipated to gain fast traction at in the years to come.
Nordic Engineered Wood, Structurlam, Sterling Lumber and SmartLam are the lelading players in the industry.
In-demand research report “North America Cross-Laminated Timber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” created by IMARC Group is devoted to giving an unprejudiced, all-round assessment of the marketplace on a regional level.
The report cast light on all the essential aspects of the CLT marketplace, covering a macro-level overview of the market alongside giving micro details of the industry performance including volume and value trends, pricing, processing and production process requirements, project costs involved, project financing, project economics, financial and environmental impact/benefit assessment, profit margins, expected ROI, etc. Market segmentation is also provided in the report based on application, and region-wise. The study canvasses key market driving and success factors; offers a SWOT, Porter’s five forces and value chain analysis as well as gives an all-round analysis of the competitive scenario featuring the competitive structure and production capacities of the leading industry participants.
More in-demand research reports by this publisher can be found at IMARC Group page.