The Mass Timber Construction Market study evaluates the market reach, revenue scope, and growth of the industry and monitor the current trends at the regional level. Additionally, it offers qualitative analysis based on an array of parameters, taking in the immediate impact on the market size, economic influence, regulatory structure, opportunity prospects, and the approaches adopted by the key players. The research report comprises a section on the company profile that discusses the company snapshot, chief executives, service/product portfolio, operational business segments, business presentation, R&D outlays, and major tactical moves & developments.
Key Market Players
- Canadian Timberframes Ltd.
- Hearthstone Homes, Inc.
- Hochstetler Milling, Ltd.
- Honest Abe Log Homes, Inc.
- Lancaster County Timber Frames Inc.
- Mill Creek Post & Beam Company
- American Post & Beam®
- British Columbia Timberframe Co.
- Blue Ridge Timberwrights
- Davis Frame Company
- Mid-Atlantic Timberframes
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Key Driving Factors:
- Rise in concern over environmental degradation has forced many sectors to innovate and reinvent their old methods of operations. Hence, the construction sector is increasing its demand for sustainable and environmental friendly products such as mass timber, thereby increasing the demand for mass timber construction.
- Construction with mass timber is inexpensive, quick, and reliable. These features are anticipated to increase demand in the mass timber market. The availability of different kinds of wood used in preparing timber gives a variety of options to choose from. This availability of a wide range of options is anticipated to drive demand in the mass timber construction market.
The global Mass Timber Construction Market is classified on the basis of product/service type, industry vertical, application, and region. Based on region, the market has covered provinces such as North America (the United States, Mexico, and Canada), Europe (the United Kingdom, France, Italy, Germany, Spain, and rest of the continent), Asia-Pacific (Japan, South Korea, Australia, China, India, and rest of Asia-Pacific), and LAMEA (Africa, the Middle East, and the Latin America).
Our widespread scale of cohesive insights are backed by exhaustive market research and profound industry knowledge to certify that our clients stay ahead of the bend. The Mass Timber Construction Market research report published by AMR doles out data-driven, custom-made elucidations to enable our clients unravel greater growth opportunities of the industry. Also, the diverse experience of our experts across several industry verticals offer pertinent insights and data-driven standpoints that help the business entrepreneurs stay ahead of the competition.
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Market Trends
- Similarly, many public and private entities are looking forward to making sustainable and creative buildings to suit their and environment needs. For instance, in Jan 2020, Brookfield Properties planned to build largest mass timber office building in North America as part of its 28-acre Pier 70 waterfront development in San Francisco.
- Moreover, business expansion strategies assist in enhancing the geographic footprint of the company and help in gaining significant market share for mobile crane products. For instance, in December 2019, Structurlam Mass Timber Corporation, the major mass timber manufacturer in North America, announced that it would expand its operations into the U.S., with a plant in Conway, Ark. The facility is expected to improve the service offerings for mass timber in the U.S.
- In addition, in August 2019, SmartLam announced its plans to expand its presence throughout North America. As of 2019, it operated in Montana and Alabama in the U.S., and planned to open three more plants by 2022, which would boost its annual cross-laminated timber (CLT) production capacity to more than 17.2 million cubic feet.
The deep analysis provided by our experts is well grounded, as they explore deep into product innovations and new applications, together with the fluctuating consumer preferences in the global Mass Timber Construction Market. A meticulous discussion on the product/service is also setting new standards for our vendors to choose us. Our squad of experts are all set to take your business to the next level indeed.
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