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Australia and New Zealand Cross Laminated Timber Market

Dublin, May 02, 2024 (GLOBE NEWSWIRE) -- The

Australia and New Zealand Cross Laminated Timber (CLT) Market Report 2021, Industry Trends, Share, Size, Demand and Future Scope

Australia and New Zealand Cross Laminated Timber (CLT) Market Report 2021, Industry Trends, Share, Size, Demand and Future Scope – Business

The  Australia and New Zealand cross-laminated timber (CLT) market reached a volume of XX Cubic Meters. Looking forward, the market to grow at a CAGR of XX% during the forecast period (2021-2026)., according to a new report by IMARC Group. Cross-laminated timber (CLT) is a prefabricated wood panel that is manufactured by gluing multiple layers of solid-sawn lumber together. These layers are stacked at a perpendicular angle to provide structural rigidity and increase the splitting resistance of the product. CLT is flexible, light in weight, cost-effective, offers high strength, and has a low environmental impact. As a result, it is replacing conventional construction materials, such as steel and cement, in Australia and New Zealand for constructing high-rise buildings, bridges, parking structures and pavilions.

Australia and New Zealand Cross Laminated Timber (CLT) Market Report 2021, Industry Trends, Share, Size, Demand and Future Scope