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The cross laminated timber (CLT) market size is forecast to increase by USD 1.24 billion at a CAGR of 12.42% between 2023 and 2028. The Cross Laminated Timber (CLT) market is experiencing significant growth due to trends in the real estate and construction industries. The focus on sustainable and eco-friendly building materials is driving the demand for CLT, which offers numerous environmental benefits. Additionally, effective forestry management practices are contributing to the availability and affordability of raw materials. However, the market faces challenges, including the volatility of raw material prices, which can impact the cost-effectiveness of CLT. Despite these challenges, the market is expected to continue growing, as CLT's strength, durability, and versatility make it an attractive alternative to traditional building materials.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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