Embark on a journey through the dynamic world of Timber Houses and Datacenters with Setronica’s comprehensive market study. This PDF provides deep insights into the market, covering regulatory landscapes, M&A activities, competitor analysis, and the growth potential of modular construction across diverse regions.
Whether you’re in construction, tech, or investing, this report, crafted by Setronica, offers valuable perspectives. Download the PDF to unravel the intricacies of sustainable data centers, innovative modular housing, and the evolving trends that define this industry.
According to Allied Market Research the global mass timber construction market was valued at $857.1 million in 2021, and is projected to reach $1.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 6% from 2022 to 2031.
According to Fact.MR the global timber frames market is set to enjoy a valuation of $487.3 Million in 2022 and further expand at a CAGR of 7.1% to reach $973.3 million by the end of 2032.
The European Commission develops a comprehensive roadmap to reduce the whole-life carbon of the building sector by 2050.
Currently wood products are still only a less than 3% of market share of building materials in Europe that largely remain dominated by energy intensive and currently fossil fuel-based materials.
Europe aims to reach 55% emission reduction by 2030. Greenhouse gas emissions and removals by forests and forest products will play a crucial role in reaching the ambitious net removal target for the Union of -310 million tonnes of carbon dioxide-equivalents, as set out in the proposal for a revised Regulation on Land Use, Land Use Change and Forestry.
Considering the above we can forecast outstanding growth potential for timber modular houses in Europe.
In 2019, colocation provider EcoDataCenter opened one of the world’s most sustainable data centers, EcoDataCenter1 in Sweden. In addition to running on 100% wind and hydropower, the data center is constructed primarily out of wood – or, more specifically, cross-laminated timber (CLT).
The fire-resistant capabilities of timber data centers were enhanced by encapsulation of the structure. This method aligns with established safety standards, such as Eurocode 5, and is recognized as an acceptable practice in building codes. This approach provides for minimal contribution of the structural components to the fire risk, meeting stringent fire rating requirements (e.g., EI60, EI90, EI120). Source.
In the US alone, demand for data centers is forecast to grow by 10% a year until 2030.
Cross-Laminated Timber (CLT) manufactured in North America must be certified to the ANSI/APA PRG 320 standard.
CLT manufactured in Europe must be certified to the EN 16351:2021, Eurocode 5, EI60, EI90, EI120 standards.
In 2019-2023, there were no significant merger and acquisition (M&A) activities in the timber market because of the impact of the COVID-19 pandemic on demand.