Mass timber construction is taking the construction industry by storm, and there are no signs of it slowing down. Leading forecasts from Polaris Market Research project the global CLT market to triple from USD 1.1B to 3.7B by 2030. Innovations promoting cost reduction and efficiency are helping widen the mass timber market. In the following article, it discusses a few examples of how Simpson Strong-Tie is helping in this effort.
As mass timber continues to grow in the commercial construction industry, so does the environment for innovation. With many projects increasing in size and complexity, larger structural dimensions result in higher loads. At the same time, developers, architects and occupants want to retain all the remarkable benefits of a mass timber project, including the value of an all-wood aesthetic. New designs call for new products, technology and services to build them.