Cross Laminated Timber Companies

In terms of value, the cross-laminated timber market is estimated to grow from USD 1.60 billion in 2024 to USD 3.59 billion by 2030, at a CAGR of 14.68%.

The cross-laminated timber (CLT) market is primarily driven by the construction industry, which is increasingly influenced by a global movement toward green building and the use of high-performance, low-carbon materials. The application of CLT in constructing both structural and non-structural elements, such as load-bearing walls, floors, roofs, stairwells, and shear walls, is on the rise. CLT is valued for its exceptional strength, dimensional stability, and seismic resilience, along with its ability to serve as a lighter, eco-friendly alternative to steel and concrete. CLT panels are created by gluing layers of solid wood at right angles to one another, which results in an excellent load distribution and design flexibility. As demand grows for modular construction, rapid urban housing solutions, and environmental certifications like LEED and BREEAM, CLT has become the preferred building material for developers and architects due to its speed, precision, and sustainability. Additionally, advancements in digital production and prefabrication techniques enhance the efficiency of construction projects by reducing labor needs and shortening schedules. With building codes in Europe, North America, and the Asia Pacific regions increasingly permitting the construction of multi-story buildings using timber, CLT is swiftly establishing itself as a significant trend in both low-rise and high-rise construction. This widespread adoption confirms that construction is the primary source driving the growth of the CLT market across global markets.

Cross Laminated Timber Market Companies

The key players profiled in the report are Mayr-Melnhof Holz (Austria), Stora Enso (Finland), Binderholz GmbH (Austria), HASSLACHER Holding GmbH (Austria), Schilliger Holz AG (Switzerland), Eugen Decker Holzindustrie KG (Germany), KLH Massivholz GmbH (Austria), Mercer Mass Timber (Canada), XLam (Australia), and Pfeifer Holding GmbH (Austria). These companies have adopted several strategies to enhance their position in the market. Some of these involve introducing new technologies, geographic expansions, acquisitions, and launching new products to increase their market shares.

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Mayr-Melnhof Holz is a leading and innovative player in the cross-laminated timber (CLT) market, with extensive experience in wood processing and mass timber construction. Headquartered in Austria, the company has strategically positioned itself as a key player in sustainable timber engineering, offering a wide range of high-performance solutions under the trademark MM crosslam. These panels are widely used in the construction of walls, floors, and roofs, and they are known for their precise dimensions, structural strength, and flexibility in residential, industrial, and commercial buildings. Mayr-Melnhof Holz emphasizes sustainability and traceability by sourcing wood solely from forests certified by the Programme for the Endorsement of Forest Certification (PEFC) and by implementing sustainable practices across its operations. The company boasts several high-tech production facilities, including one of the largest CLT plants in Europe, located in Gaishorn am See, Austria. Driven by a strong commitment to delivering climate-smart products, each Mayr-Melnhof Holz product contributes to the fight against climate change. The company invests heavily in research and development to enhance panel quality, digital design applications, and off-site prefabrication processes. With precision-engineered timber systems and a customer-focused approach, coupled with environmentally responsible forestry practices, Mayr-Melnhof Holz consistently ranks as one of the best manufacturers in the emerging CLT market.

Binderholz GmbH is an Austrian-based, vertically integrated wood processing group and a key player in the global market for CLT products. The company is characterized by its holistic vision of zero waste, utilizing a closed-loop production system that encompasses the entire value chain. This approach promotes sustainable forest management, from the sourcing of raw materials to the production of finished timber building systems. The Binderholz CLT BBS product line is widely used in structural applications, including residential, commercial, and public infrastructure projects. This product line is known for its superior performance in strength, fire safety, and thermal insulation. To meet the increasing demand for environmentally friendly building materials, Binderholz operates modern, high-capacity CLT manufacturing plants in Austria and Germany. In addition to its manufacturing efforts, Binderholz is expanding its international presence, particularly in Europe and North America, by focusing on high-profile projects and forming strategic alliances. The company emphasizes sustainability through the use of biomass energy and raw materials sourced from forests certified by the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification (PEFC). Binderholz’s commitment to innovation, environmental sustainability, and architectural quality has established it as an industry leader, setting standards and enhancing its reputation in the CLT market.

Stora Enso is a global leader in the renewable materials sector based in Finland and is recognized as one of the top innovators in the CLT market. With its roots in forestry, the company embraces sustainability and innovation, positioning its engineered wood solutions, particularly CLT products, as essential components of the global shift toward carbon-neutral building. Leveraging extensive knowledge of biomaterials and circular economy concepts, Stora Enso has utilized its deep expertise in mass timber technologies to transform the role of timber in contemporary architectural design. The Sylva brand, which features a high-tech, digitalized kit-of-parts building system, includes CLT walls, floors, roof panels, and laminated veneer lumber (LVL) components, forming the core of Stora Enso’s CLT offerings. Manufactured in state-of-the-art, fully automated factories—such as the company’s flagship CLT facilities in Ybbs, Austria, and Gruvonen, Sweden—these precision-engineered components are produced as off-site prefabricated elements. These locations are among the most advanced timber product manufacturing complexes in the world, emphasizing digital optimization, efficiency, and low-emission production. Stora Enso distinguishes itself in the market through its comprehensive integration of the value chain. From sustainably managed Nordic forests to factory-produced building systems, every aspect of the process is conducted with a strong commitment to environmental performance, quality, and traceability. The timber used in production is sourced exclusively from FSC and PEFC-certified forests. Additionally, Stora Enso publicly shares Environmental Product Declarations (EPD) for its CLT products, enabling architects, developers, and governments to meet strict sustainability requirements and climate targets. The company’s materials are commonly used in schools, offices, residential complexes, and other buildings, primarily in Europe, as well as in parts of North America and the Asia Pacific regions. Beyond production, Stora Enso invests significantly in research and development, along with digital design tools related to building design, facilitating collaboration among architects, structural engineers, and fabricators.

Related Reports:

Cross Laminated Timber Market by Type (Adhesive Bonded, Mechanically Fastened), End Use (Structural, Non-Structural), Industry (Residential, Non-Residential), and Region (Europe, North America, Asia Pacific, and the Rest of the World) - Global Forecast to 2030