Cross-Laminated Timber Market to Reach US$ 2,470 Mn by 2026
The global cross-laminated timber market was valued at US$ 712.74 Mn in 2017 and is anticipated to expand at a CAGR of 14.7% from 2018 to 2026, according to a new report titled 'Cross-laminated Timber Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,' published by Transparency Market Research (TMR) The global cross-laminated timber market is driven by rising demand for cross-laminated timber and its increasing acceptance from the construction industry.
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