The Global Cross Laminated Timber (CLT) Market was valued at US$ 636.1 Million in 2022 and is projected to reach US$ 1184.1 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period (2023–2029). This growth is being driven by rising demand for sustainable building materials, stringent environmental regulations, and the expanding use of eco-friendly alternatives to traditional concrete and steel in residential, commercial, and institutional constructions.

As the construction industry shifts toward greener practices and carbon-neutral buildings, the focus turns to innovative timber producers who are pioneering mass timber solutions like CLT. These panels, made from layered lumber boards glued crosswise, offer strength, speed in assembly, and reduced environmental impact. In this blog, we profile the Top 10 Companies in the Cross Laminated Timber (CLT) Industry—a blend of European giants, North American innovators, and global suppliers leading the charge in sustainable architecture and engineering.

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🔟 1. Binderholz

Headquarters: Fügen, Austria
Key Offering: Adhesive-bonded CLT panels, custom-engineered timber solutions for walls, floors, and roofs

Binderholz stands as the world’s largest CLT producer, commanding about 20% of the global market share. The company specializes in high-quality, sustainable wood products, supplying CLT for mid-rise buildings, bridges, and commercial projects across Europe and beyond. With state-of-the-art production facilities, Binderholz ensures panels meet rigorous standards for load-bearing capacity and fire resistance, making them ideal for modern construction needs.

Furthermore, their commitment to the entire value chain—from sustainable forestry to finished products—allows for efficient, low-waste manufacturing. This integrated approach not only reduces costs but also minimizes the carbon footprint associated with transportation and processing.

Sustainability Initiatives:

• Certified sustainable sourcing through PEFC and FSC standards, ensuring responsibly managed forests

• Investments in carbon-neutral production sites and renewable energy usage in mills

• Active participation in research for hybrid timber-concrete structures to enhance seismic performance

Download FREE Sample Report: Cross Laminated Timber (CLT) Market – View in Detailed Research Report

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9️⃣ 2. Stora Enso

Headquarters: Helsinki, Finland
Key Offering: CLT for residential and commercial buildings, including adhesive-bonded and structurally optimized panels

Stora Enso, a renewable materials powerhouse, has emerged as a key player in the CLT sector through its innovative wood products division. The company produces CLT that supports everything from single-family homes to large-scale public buildings, emphasizing ease of prefabrication and on-site assembly. Their panels are engineered for superior dimensional stability, which is crucial in varying climates.

Because of their focus on bio-based innovations, Stora Enso integrates CLT into broader sustainable building systems, often combining it with other mass timber elements like glulam beams. This holistic strategy has positioned them strongly in markets seeking LEED-certified projects.

Sustainability Initiatives:

• 100% of wood sourced from certified sustainable forests, with traceability back to origin

• Development of low-emission adhesives to further reduce VOCs in indoor environments

• Collaborations with architects for net-zero energy buildings using CLT as a core material

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8️⃣ 3. KLH Massivholz

Headquarters: Katsch an der Mur, Austria
Key Offering: Mechanically fastened and adhesive-bonded CLT, specialized for institutional and multi-story applications

KLH Massivholz, a pioneer in solid timber construction since 1997, offers CLT solutions that have been used in iconic projects worldwide, including the world’s tallest timber building at one point. Their expertise lies in delivering large-format panels that enable rapid construction timelines—often up to 50% faster than conventional methods—while maintaining high structural integrity.

However, what sets KLH apart is their emphasis on customization, allowing for acoustic, thermal, and fire-rated enhancements tailored to specific project requirements. This flexibility has driven adoption in urban areas where space and time are at a premium.

Sustainability Initiatives:

• Carbon storage calculations for each project, highlighting CLT’s role in sequestering CO2

• Promotion of cradle-to-cradle recycling in timber waste management

• Partnerships with universities for advancing fire safety standards in mass timber

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7️⃣ 4. Mayr-Melnhof Holz

Headquarters: Leoben, Austria
Key Offering: Adhesive-bonded CLT for commercial and residential sectors, including pre-fabricated elements

Mayr-Melnhof Holz is renowned for its comprehensive range of engineered wood products, with CLT forming a cornerstone of their portfolio. They supply panels that serve as walls, floors, and ceilings in diverse applications, from schools to office complexes. The company’s production emphasizes quality control, ensuring compliance with EN 16351 standards for structural use.

In addition, their expansion into international markets has been fueled by growing awareness of CLT’s benefits, such as lighter weight reducing foundation requirements and overall project costs. This has made them a go-to supplier for developers aiming for cost-effective sustainability.

Sustainability Initiatives:

• Utilization of regional wood sources to minimize transport emissions

• Certification under ISO 14001 for environmental management systems

• Investment in digital tools for optimizing material use and reducing waste

Download FREE Sample Report: Cross Laminated Timber (CLT) Market – View in Detailed Research Report

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6️⃣ 5. MHM Abbund-Zentrum

Headquarters: Aich, Austria
Key Offering: Custom CLT components, focusing on mechanically fastened systems for specialized projects

MHM Abbund-Zentrum excels in the production of tailored CLT solutions, particularly for complex architectural designs that require unique panel configurations. Their offerings cater to both new builds and renovations, providing lightweight yet robust alternatives that simplify logistics and installation.

With a strong emphasis on precision engineering, MHM ensures that each panel contributes to energy-efficient envelopes, integrating seamlessly with insulation and cladding systems. This attention to detail has earned them contracts in high-profile European developments.

Sustainability Initiatives:

• Adoption of water-based adhesives to lower environmental impact

• Programs for reforestation tied to production volumes

• Research into hybrid CLT applications for earthquake-prone regions

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5️⃣ 6. Hasslacher Norica

Headquarters: Finkenstein, Austria
Key Offering: Adhesive-bonded CLT for institutional buildings and infrastructure

Hasslacher Norica combines traditional craftsmanship with modern technology to produce CLT that meets the demands of large-scale projects. Their panels are widely used in public buildings, offering acoustic performance and thermal mass benefits that enhance occupant comfort.

Moreover, the company’s vertical integration allows for consistent quality and supply chain reliability, which is essential in an industry prone to material shortages. This reliability has solidified their position in Central Europe’s booming sustainable construction scene.

Sustainability Initiatives:

• FSC-certified supply chains ensuring biodiversity protection

• Energy-efficient drying processes powered by biomass

• Contributions to standards development for CLT in seismic design

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4️⃣ 7. Lignotrend

Headquarters: Südlohn, Germany
Key Offering: Mechanically fastened CLT systems, engineered for commercial and residential use

Lignotrend is a leader in innovative timber construction, providing CLT that supports modular building techniques. Their products facilitate off-site fabrication, reducing on-site labor and weather-related delays, which is particularly advantageous in northern climates.

By focusing on system solutions, Lignotrend integrates CLT with connectors and software for design optimization, enabling architects to push the boundaries of wood-based high-rises. This forward-thinking approach is driving wider acceptance of mass timber globally.

Sustainability Initiatives:

• Life-cycle assessments to quantify CLT’s lower embodied carbon

• Promotion of circular economy principles in timber reuse

• Training programs for builders on sustainable installation practices

Download FREE Sample Report: Cross Laminated Timber (CLT) Market – View in Detailed Research Report

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3️⃣ 8. Structurlam

Headquarters: Okanagan Falls, British Columbia, Canada
Key Offering: Adhesive-bonded CLT for North American markets, including tall wood buildings

Structurlam brings North American manufacturing prowess to the CLT arena, producing panels that comply with ANSI/APA standards. They have supplied materials for landmark projects like the 18-story Brock Commons in Vancouver, showcasing CLT’s viability for urban high-rises.

Their proximity to abundant softwood resources allows for competitive pricing and quick delivery, addressing key barriers to adoption in the U.S. and Canada. Additionally, Structurlam’s focus on fire and acoustic testing builds confidence among regulators and builders.

Sustainability Initiatives:

• Sourcing from sustainably managed forests in Western Canada

• Implementation of zero-waste manufacturing targets

• Advocacy for building codes that support mass timber expansion

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2️⃣ 9. Schilliger Holz

Headquarters: Bürglen, Switzerland
Key Offering: Custom CLT panels, mechanically fastened for precision applications

Schilliger Holz specializes in high-end CLT for demanding projects, including bridges and cultural venues. Their Swiss engineering ensures exceptional precision, with panels that offer long spans and minimal deflection under load.

Operating in a region with strict environmental laws, Schilliger emphasizes local sourcing and minimal processing to preserve wood’s natural properties. This results in products that not only perform well but also contribute to healthier indoor air quality.

Sustainability Initiatives:

• PEFC certification across all operations

• Research into bio-based fasteners for mechanically fastened CLT

• Projects demonstrating CLT’s role in carbon-negative construction

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1️⃣ 10. XLam Dolomiti

Headquarters: Valdaora, Italy
Key Offering: Adhesive-bonded and hybrid CLT systems for residential and commercial builds

XLam Dolomiti, part of the Italian timber innovation landscape, produces CLT that blends Alpine wood traditions with contemporary technology. Their panels are used in energy-efficient homes and offices, supporting Italy’s push toward green building certifications.

With a focus on the Mediterranean market, XLam adapts CLT for seismic zones, incorporating reinforcements that enhance durability. Their growth reflects Europe’s increasing preference for wood over steel in sustainable developments.

Sustainability Initiatives:

• Utilization of low-formaldehyde glues for health-focused buildings

• Partnerships for afforestation in the Dolomites region

• Digital modeling to optimize CLT designs for minimal material use

Get Full Report Here: Cross Laminated Timber (CLT) Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cross Laminated Timber Is Greener and More Innovative

The Cross Laminated Timber market is experiencing a transformative phase. Although traditional materials like concrete still hold sway in many regions, the sector is channeling significant investments into expanded production capacities, advanced bonding technologies, and global supply networks to meet rising demand for sustainable construction.

📈 Key Trends Shaping the Market:

• Rapid expansion of CLT manufacturing in Europe, North America, and Asia-Pacific regions

• Regulatory mandates for sustainable materials in public projects, targeting 20-30% wood usage by 2030

• Digitalization through BIM software for precise CLT design and prefabrication

• Strategic alliances between timber producers, architects, and governments to overcome adoption barriers

Get Full Report Here: Cross Laminated Timber (CLT) Market – View in Detailed Research Report

The companies listed above are not only building the structures of tomorrow—they’re constructing a sustainable legacy for the global construction industry.