Cross Laminated Timber Market Growth
Key Questions
What is the projected growth rate for the cross laminated timber market?
The CLT market is projected to grow at a CAGR of 11.5% through 2031. This expansion is supported by increasing adoption in construction and aligns with long-term timber demand trends.
What factors are driving growth in the CLT market?
Growth is primarily driven by EU carbon regulations and the rise of modular construction methods. These elements are accelerating demand for sustainable timber-based building materials.
Which region represents the largest market for CLT?
Europe is currently the largest market for cross laminated timber. This position reinforces broader regional trends favoring timber in sustainable construction.
CLT market projected at 11.5% CAGR to 2031, driven by EU carbon rules and modular construction. Europe largest market; supports long-term timber demand trends.
Sources (1)
Updated May 25, 2026