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Stock impact report

Cross Laminated Timber (CLT) Strategic Industry Report 2024: Global Market to Reach $3.8 Billion by 2030 - Growing Focus on Sustainability to Drive CLT Demand [Yahoo! Finance]

Mercer International Inc. (MERC) 
Last mercer international inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
Company Research Source: Yahoo! Finance
The global market for Cross Laminated Timber (CLT) is estimated at US$1.4 Billion in 2023 and is projected to reach US$3.8 Billion by 2030, growing at a CAGR of 14.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the Cross Laminated Timber market is driven by several factors, including increasing environmental awareness, advancements in building technologies, and supportive government policies. As the construction industry seeks to reduce its carbon footprint, CLT has emerged as a viable solution due to its low environmental impact and renewable nature. Technological advancements have improved the manufacturing efficiency and performance characteristics of CLT, making it more competitive with traditional building materials. Additionally, regulatory changes and building codes in many regions now recognize and support the use of mass timber in construct Show less Read more
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