Spain Cross Laminated Timber Market to Reach 148,107 Cubic Meters by 2028, Fostered by Increasing Construction of Residential and Commercial Spaces

September 28, 2023 | Other Reports

According to the latest report by IMARC Group, titled “Spain Cross Laminated Timber Market Report by Application (Residential, Commercial Space, Educational Institutes, Government/ Public Buildings), Product Type (Custom CLT, Blank CLT), Element Type (Wall Panels, Flooring Panels, Roofing Slabs, and Others), Raw Material Type (Spruce, Pine, Fir, and Others), Bonding Method (Adhesive Bonded, Mechanically Fastened), Panel Layers (3-Ply, 5-Ply, 7-Ply, and Others), Adhesive Type (PUR, PRF, MUF, and Others), Press Type (Hydraulic Press, Vacuum Press, Pneumatic Press, and Others), Storey Class (Low-Rise Buildings (1-4 Storeys), Mid-Rise Buildings (5-10 Storeys), High-Rise Buildings (More than 10 Storeys)), Application Type (Structural Applications, Non-Structural Applications), and 2023-2028,” the Spain cross laminated timber market size reached 54,857 Cubic Meters in 2022. Cross-laminated timber (CLT) is an advanced engineered wood product made by carefully assembling multiple layers of dimensioned lumber boards placed in alternating directions and bonded together with strong adhesives. It has enhanced structural integrity and a high strength-to-weight ratio, making it ideal for supporting loads in construction projects. It is environment-friendly and sourced from sustainably managed forests. Its prefabrication capabilities help speed up project timelines and improve overall efficiency. Additionally, it contributes to the longevity of buildings and is widely used in various settings, including residential and commercial spaces like homes, apartments, offices, retail locations, hotels, and hospitals.

Spain Cross Laminated Timber Market Trends:

The increasing adoption of CLT in new construction, renovation, and remodeling of existing structures to enhance their energy efficiency and structural integrity represents one of the key factors positively influencing the market in Spain. Additionally, the rising focus of individuals on sustainable building practices is driving the demand for CLT in the country as it is environment friendly. Apart from this, governing agencies in the country are promoting sustainable construction practices and the use of renewable materials, which is offering a favorable market outlook. Moreover, the increasing integration of CLT into prefabricated buildings to minimize on-site labor requirements and expedite construction projects is driving its demand across Spain. Looking forward, the market volume is projected to reach 148,107 Cubic Meters by 2028, expanding at a CAGR of 17.80% during 2023-2028.

Market Summary:

On the basis of the application, the market has been segmented into residential, commercial space, educational institutes, and government/public buildings. At present, residential holds the largest market share.
Based on the product type, the market has been bifurcated into custom CLT and blank CLT.
On the basis of the element type, the market has been segregated into wall panels, flooring panels, roofing slabs, and others.
Based on the raw material type, the market has been divided into spruce, pine, fir, and others.
On the basis of the bonding method, adhesive bonded holds the largest market share, followed by mechanically fastened.
Based on the panel layers, the market has been categorized into 3-ply, 5-ply, 7-ply, and others.
On the basis of the adhesive type, the market has been classified into PUR, PRF, MUF and others.
Based on the press type, the market has been segmented into hydraulic press, vacuum press, pneumatic press, and others. Hydraulic press currently represents the biggest market segment.
On the basis of the storey class, the market has been segregated into low-rise buildings (1-4 storeys), mid-rise buildings (5-10 storeys), and high-rise buildings (more than 10 storeys).
Based on the application type, structural applications account for the largest market share, followed by non-structural applications.
The competitive landscape of the market has also been examined, with some of the key players being Egoin Wood Group S.A., Sebastia Group, and Xilonor.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Cubic Meters
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Application Product Type Element Type Raw Material Type Bonding Method Panel Layers Adhesive Type Press Type Storey Class Application Type
Applications Covered	Residential, Commercial Space, Educational Institutes, Government/ Public Buildings
Product Types Covered	Custom CLT, Blank CLT
Element Types Covered	Wall Panels, Flooring Panels, Roofing Slabs. Others
Raw Material Types Covered	Spruce, Pine, Fir, Others
Bonding Methods Covered	Adhesive Bonded, Mechanically Fastened
Panel Layers Covered	3-Ply, 5-Ply, 7-Ply, Others
Adhesive Types Covered	PUR, PRF, MUF, Others
Press Types Covered	Hydraulic Press, Vacuum Press, Pneumatic Press, Others
Storey Classes Covered	Low-Rise Buildings (1-4 Storeys), Mid-Rise Buildings (5-10 Storeys), High-Rise Buildings (More than 10 Storeys)
Application Types Covered	Structural Applications, Non-Structural Applications
Companies Covered	Egoin Wood Group S.A., Sebastia Group, Xilonor, etc.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Spain Cross Laminated Timber Market to Reach 148,107 Cubic Meters by 2028, Fostered by Increasing Construction of Residential and Commercial Spaces

Purchase options Year End sale

Single User License ~~$2499~~ $2249
Five User License ~~$3499~~ $2974
Corporate License ~~$4499~~ $3599

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.