North America Cross-Laminated Timber Market Size, Share, and COVID-19 Impact Analysis, By Bonding Technology (Adhesive Bonded and Mechanically Fastened), By Application (Residential Buildings, Non-Residential Buildings, and Others), and North America Cross-Laminated Timber Market Insights, Industry Trend, Forecasts to 2035. By Bonding Technology and By Application

North America Cross-Laminated Timber Market Insights Forecasts to 2035

• The market for Cross-Laminated Timber was estimated to be worth USD 198.4 Million in 2024.
• The market is going to expand at a CAGR of 14.34 % between 2025 and 2035.
• The North America Cross-Laminated Timber market is anticipated to reach USD 866.4 Million by 2035.

According to a research report published by Spherical Insights & Consulting, The North America Cross-Laminated Timber Market is anticipated to Hold USD 866.4 Million by 2035, growing at a CAGR of 14.34 % from 2025 to 2035. Growing demand for mass-timber buildings, government incentives for sustainable construction, prefabrication efficiencies and rising architectural innovation offer strong growth prospects for CLT adoption across residential, commercial and infrastructure segments.

Market Overview

The North America cross-laminated timber (CLT) market is experiencing strong growth due to increasing adoption of sustainable and eco-friendly building materials. CLTs strength, durability, and reduced carbon footprint make it a preferred alternative to steel and concrete in modern construction. Growing demand for green buildings, government initiatives promoting mass timber construction, and advancements in prefabrication technologies are driving market expansion. The United States and Canada are key contributors, with rising investments in residential, commercial, and public infrastructure projects boosting future growth.

Report Coverage

This research report categorizes the market for the North America cross-laminated timber market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America cross-laminated timber market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America cross-laminated timber market.

Driving Factors

Key driving factors for the North America cross-laminated timber market include growing demand The North America cross-laminated timber (CLT) market is driven by the rising demand for sustainable construction materials and growing emphasis on reducing carbon emissions. Supportive government policies promoting green building standards and mass timber usage further accelerate adoption. Technological advancements in prefabrication and digital design improve construction efficiency and reduce project timelines. Additionally, increasing awareness of CLTs strength, durability, and fire resistance, along with expanding applications in residential, commercial, and institutional buildings, significantly contribute to the market’s continued growth.

Restraining Factors

The North America cross-laminated timber (CLT) market faces restraints such as high initial production and installation costs, limited availability of manufacturing facilities, and lack of standardized building codes across regions. Additionally, competition from traditional materials like steel and concrete and concerns over moisture resistance may hinder widespread market adoption.

Market Segmentation

The North America Cross-Laminated Timber market share is classified into bonding technology and application.

• The Adhesive Bonded segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America cross-laminated timber market is segmented by bonding technology into adhesive bonded and mechanically fastened. Among these, the adhesive bonded segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is attributed to its superior structural integrity, durability, and ability to create strong, uniform panels suitable for large-scale construction projects. Additionally, advancements in eco-friendly adhesives and strict quality standards favor adhesive bonding over mechanical fastening, further driving its adoption in residential, commercial, and industrial applications across the region.

• The non-residential buildings segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America cross-laminated timber market is segmented by application into residential buildings, non-residential buildings, and others. Among these, the non-residential buildings segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This growth is driven by increasing adoption of CLT in commercial, educational, and public infrastructure projects due to its strength, fire resistance, and sustainability benefits. Growing investments in green buildings and government initiatives promoting low-carbon construction materials are further fueling demand. Additionally, architectural flexibility and faster construction timelines make CLT ideal for large non-residential structures.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America cross-laminated timber market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• D.R. Johnson Lumber Co.
• Nordic Structures
• SmartLam NA
• Sterling Lumber
• StructureCraft
• Structurlam Mass Timber Corporation

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America cross-laminated timber market based on the following segments:

North America Cross-Laminated Timber Market, By Bonding Technology

• Adhesive Bonded
• Mechanically Fastened

North America Cross-Laminated Timber Market, By Application

• Residential Buildings
• Non-Residential Buildings
• Others