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Thermally Modified Wood is referring to a wood which is modified by a controlled pyrolysis process. In this process, the wood is heated up to 180°Celcius, in the absence of oxygen. This process helps the chemical to change its cell structure of cell wall components in the wood in order to increase its durability. During this process, the low oxygen content prevents the wood from burning even at the high temperature. There are five thermal modification processes: Thermowood, Retification Process, Les Bois Perdure, Plato Process, and Oil Heat Treatment.
LPI (LP Information)' newest research report, the "Thermally Modified Wood Industry Forecast" looks at past sales and reviews total world Thermally Modified Wood sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermally Modified Wood sales for 2023 through 2029. With Thermally Modified Wood sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermally Modified Wood industry.
This Insight Report provides a comprehensive analysis of the global Thermally Modified Wood landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermally Modified Wood portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermally Modified Wood market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermally Modified Wood and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermally Modified Wood.
The global Thermally Modified Wood market size is projected to grow from US$ 4112.6 million in 2022 to US$ 5060.8 million in 2029; it is expected to grow at a CAGR of 5060.8 from 2023 to 2029.
Global Thermally Modified Wood key players include Arbor Wood, Lunawood, SWM-Wood, Stora Enso, Thermory, Cambia by NFP, timura Holzmanufaktur GmbH, Novawood, Karava, Thermoarena OÜ, Bingaman & Son Lumber, Inc., Hardwoods, etc. Global top twelve manufacturers hold a share about 10%.
Europe is the largest market, with a share about 35%, followed by North America and Central & South America, both have a share over 40 percent.
In terms of product, Thermo-S is the largest segment, with a share about 50%. And in terms of application, the largest application is Residential, followed by Commercial.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermally Modified Wood market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Thermo-S
- Thermo-D
- Other
Segmentation by application
- Residential
- Commercial
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Arbor Wood
- Lunawood
- SWM-Wood
- Stora Enso
- Thermory
- Cambia by NFP
- Timura Holzmanufaktur
- Novawood
- Karava
- Thermoarena
- Bingaman & Son Lumber
- Hardwoods
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermally Modified Wood market?
What factors are driving Thermally Modified Wood market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermally Modified Wood market opportunities vary by end market size?
How does Thermally Modified Wood break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?