Rising Demand in CLT Market Driven by Structurlam Mass Timber Corporation and SmartLam North America
The global cross laminated timber (CLT) market is witnessing robust growth, driven by the rising demand for sustainable and eco-friendly construction materials. Valued at US$ 1.2 billion in 2022, the market is projected to reach US$ 3.0 billion by the end of 2031, expanding at a strong CAGR of 10.6% from 2023 to 2031. Increasing adoption of mass timber in residential and commercial...
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