North America Cross Laminated Timber Market Outlook - Forecast Trends, Market Size, Share and Growth Analysis Report (2025-2034)

The North America cross laminated timber market size reached around USD 447.98 Million in 2024. The market is projected to grow at a CAGR of 29.60% between 2025 and 2034 to reach nearly USD 5.98 billion by 2034.

Cross laminated timber (CLT) stands as a pioneering mass timber product that has gained widespread acceptance as an innovative engineered wood material, heralding a new era in construction. Recognised for its eco-friendliness compared to traditional materials like concrete and steel, CLT emerges as a cornerstone of sustainable building practices. Its capacity to bear substantial loads while ensuring superior structural integrity further underscores its appeal.

Moreover, its commendable acoustic properties make it a sought-after choice for flooring and wall systems, elevating interior comfort and tranquillity. Consequently, there is a growing demand for CLT in North America. Presently, this demand is pronounced in bridge, residential, and non-residential construction, driven by its durability and ability to withstand heavy loads.

The introduction of CLT into the US construction landscape coupled with prevailing urbanisation trends positions it as a highly viable solution for commercial and mixed-use buildings, especially in seismic zones. According to the U.S. Census Bureau, US construction spending is increasing thus boosting the North America cross laminated timber market growth.

UNITED STATES CONSTRUCTION STATISTICS, 2023, IN $ BILLION

Key Trends and Developments

The North America cross laminated timber market is growing with increasing focus on sustainable building materials, architectural creativity, fire resistance and government initiative.

November 2023

The U.S. Army Corps of Engineers mandated the evaluation of mass timber structural options during the design phase of all vertical construction projects.

September 2023

The Thunder Bay CEDC initiated a groundbreaking study on integrating mass timber, particularly cross-laminated timber (CLT), into mining sector infrastructure.

May 2023

The building of the largest industrial mass timber structure in North America, a 450,000-square-foot facility, began in Windsor, Connecticut.

April 2023

Structurlam Mass Timber Corporation, a top mass timber producer in North America, has agreed to sell most of its assets to Mercer International Inc. for USD 60 million.

Sustainable building material

Cross-laminated timber, crafted from layers of timber planks bonded perpendicular, leads towards sustainability. Derived mainly from renewable wood sources, harvested, and managed with eco-responsibility, it safeguards forests and mitigates the carbon footprint linked to construction activities, epitomising environmentally conscious building practices.

Architectural creativity

The North America cross laminated timber market is experiencing growth due to architectural innovation and demand for design flexibility. Architects, engineers, and designers embrace sustainability, finding cross-laminated timber's structural strength and aesthetic appeal appealing. Its versatility enables imaginative designs, fuelling demand.

Fire resistance

CLT outperforms typical wood products ue to its distinctive composition. Its substantial cross-sectional thickness and tightly sealed construction grant it high fire resistance, limiting fire spread. Moreover, its thermal mass prevents conduction across panel sides.

Government initiatives

Governments have instituted regulations and incentives to promote CLT utilisation in construction, aiming to foster sustainable practices, generate green employment, and mitigate the building sector's environmental footprint. Such governmental backing is pivotal in expediting CLT adoption and fuelling market expansion.

North America Cross Laminated Timber Market Trends

CLT panels demonstrate impressive load-bearing capacities akin to those of conventional construction materials. They possess structural strength, deformation resistance, and resilience against diverse external forces, including seismic activity, rendering CLT a dependable and durable option for mid-rise and high-rise construction projects.

CLT's prefabrication enables precise off-site manufacturing, leading to quicker and more effective construction processes. This adaptability is attractive to architects, developers, and construction experts in search of inventive and eco-friendly building methods.

Market Segmentation

"North America Cross Laminated Timber Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Breakup by Product Type

• Custom CLT
• Blank CLT

Breakup by Element Type

• Wall Panels
• Flooring Panels
• Roofing Panels
• Others

Breakup by Raw Material

• Spruce
• Pine
• Fir
• Others

Breakup by Storey Class

• Low-Rise Buildings (1-4 Storeys)
• Mid-Rise Buildings (5-10 Storeys)
• High-Rise Buildings (More than 10 Storeys)

Breakup by Application

• Structural Applications
• Non-Structural Applications

Breakup by End Use

• Residential
• Commercial
• Public

Breakup by Country

• United States of America
• Canada

Residential demand drives growth of North America cross laminated timber market, due to its versatility, accommodating various architectural styles and configurations

Employing cross-laminated timber in residential building aids in reducing buildings' carbon footprint and advancing sustainability goals. Its usage facilitates the creation of distinctive and visually appealing residential layouts.

CLT, being a prefabricated material, allows for the pre-cutting of elements such as openings for doors, windows, stairs, or ducts. Additionally, insulation and finishes can be applied before installation. This streamlined process leads to reduced expenses and quicker occupancy, making it a prevalent choice in commercial and public projects. This is boosting the North America cross laminated timber market development.

Based on type, the North America cross laminated timber market share is led by structural CLT primarily owing to its widespread application in building and construction projects

Structural CLT panels are employed in building frameworks and are produced according to the APA-PRG 320 standard in North America. Non-structural CLT panels serve as access mats, providing an alternative to bolted mats.

Wall panels are the primary element type in the North America cross laminated timber market, mainly because thy are widely utilised for both load-bearing and non-load-bearing purposes

Wall panels made from CLT provide outstanding durability and firmness, making them optimal for building both exterior and interior walls of structures.

Flooring panels and roofing panels crafted from CLT constitute a substantial portion of the market, valued for their robustness and stability, rendering them appropriate for heavy load-bearing functions in residential and commercial structures.

Custom CLT drives the North America cross laminated timber market growth due to tailored solutions and meeting specific project needs

Custom CLT's adaptability facilitates architects and builders to pursue intricate designs, ideal for projects with distinct structural or aesthetic demands.

Conversely, blank CLT serves a sizable market-seeking construction versatility. These undecorated panels allow on-site customisation, empowering builders, and designers to tailor them according to specific project requirements.

North America Cross Laminated Timber Market Analysis by Region

As per the North America cross laminated timber market report, the United States leads the market due to rising demand for sustainable construction materials, favouring those with low carbon footprints like CLT over traditional choices such as concrete and steel. The growth is also fuelled by upscale residential projects with appealing interiors.

Canada is primed for substantial growth in this sector, driven by the need for adaptable and economical construction materials. Additionally, the uptick in building functional living spaces is driving market expansion. With housing production on the rise according to Statistics Canada, the demand for CLT is further increasing.

INVESTMENT BY HOUSING TYPE, CANADA, MILLION DOLLAR

Competitive Landscape

Government initiatives, growing construction and architectural preferences are influencing the companies’ position in the market.

Other North America cross laminated timber market key players are KLH Massivholz GmbH, SmartLam, Binderholz GmbH, HASSLACHER Holding GmbH, and Bell Structural Solutions, among others.