Spain Cross Laminated Timber Market - IMARC Group

Sam Walter11 Aug, 2024Business

In 2023, the Spain cross-laminated timber market reached 64,731.3 cubic meters. According to IMARC Group, this market is projected to grow at a CAGR of 15.54% from 2024 to 2032, reaching 246,552.7 cubic meters by 2032. The market's expansion is driven by significant growth in the construction industry, supportive government policies promoting sustainable building materials, increasing demand for improved architectural designs and aesthetics, and rapid urbanization.