Cross Laminated Timber Market Growing at 11.45% CAGR (2025-2030), Says Mordor Intelligence [Yahoo! Finance]
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Source: Yahoo! Finance
According to Mordor Intelligence, the cross laminated timber market is projected to rise from 2.15 million cubic meters in 2025 to 3.69 million cubic meters by 2030, reflecting a steady CAGR of 11.45% experiencing robust growth driven by increasing environmental concerns, government support for eco-friendly construction. This trend underscores the potential of cross laminated timber as a durable, versatile, and environmentally responsible solution. Mordor_Intelligence_Logo Sustainability at the Core of Market Growth Cross laminated timber (CLT) is increasingly being recognized as a viable alternative to conventional construction materials such as concrete and steel. Its reduced carbon footprint and efficient production processes make it a preferred choice for businesses and institutions seeking to align with sustainability targets. Industry leaders note that the shift toward low-emission materials has positioned CLT as a cornerstone in the transition to green infrastructure. Thi
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