Global Thermally Modified Wood Boards Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Thermally Modified Wood Boards Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

Thermal modification uses heat to remove organic compounds from the wood cells, so it will not absorb water, expand, contract, or provide nourishment for insects or fungi. The high heat produces a naturally durable wood that is permanently resistant to water, insects, and decay. Because the wood is not absorbing chemicals to be treated, but rather removing moisture, the wood is lightweight.

Thermally modified lumber is also more dimensionally stable because it is less susceptible to cupping and warping. The wood has increased heat resistance and weather resistance as well. When properly maintained, it will not chip, rot, or warp over the years. Many products offered in this category are rated for 20 or 25 years of exterior use.

This thermally modified wood is eco-friendly since harsh chemicals are never used in the development of this product. Unlike pressure-treated lumber, it will not corrode metals. As previously mentioned, it is also dimensionally stable with incredible durability.

Since thermally modified wood does not absorb or hold moisture as it would prior to treatment, species that typically do not perform well in outdoor or wet environments can now be used in a variety of applications, such as decking, siding, or flooring. It can also be used in environments that are less stable in moisture content, such as basements (with proper sub-flooring).

According to our (Global Info Research) latest study, the global Thermally Modified Wood Boards market size was valued at US$ 549 million in 2023 and is forecast to a readjusted size of USD 902 million by 2030 with a CAGR of 7.4% during review period.

Currently, there are many players in the market of Thermally Modified Wood, Stora Enso, Thermory AS, Oy Lunawood Ltd, Oy SWM-Wood Ltd and Thermoarena OÜ are playing important roles in Thermally Modified Wood Boards industry. Top three players took 44% market value share in 2019, the market is not so concentrated for now and is seeing to be more dispersed.

This report is a detailed and comprehensive analysis for global Thermally Modified Wood Boards market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Thermally Modified Wood Boards market size and forecasts, in consumption value ($ Million), sales quantity (m3), and average selling prices (USD/m3), 2019-2030

Global Thermally Modified Wood Boards market size and forecasts by region and country, in consumption value ($ Million), sales quantity (m3), and average selling prices (USD/m3), 2019-2030

Global Thermally Modified Wood Boards market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (m3), and average selling prices (USD/m3), 2019-2030

Global Thermally Modified Wood Boards market shares of main players, shipments in revenue ($ Million), sales quantity (m3), and ASP (USD/m3), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Thermally Modified Wood Boards

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Thermally Modified Wood Boards market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arbor Wood, Oy Lunawood Ltd, Oy SWM-Wood Ltd, Stora Enso, Thermory AS, Cambia by NFP, Timura Holzmanufaktur GmbH, Novawood, Kärävä Oy, Thermoarena OÜ, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Thermally Modified Wood Boards market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Thermo-S
Thermo-D

Market segment by Application
Commercial
Residential

Major players covered
Arbor Wood
Oy Lunawood Ltd
Oy SWM-Wood Ltd
Stora Enso
Thermory AS
Cambia by NFP
Timura Holzmanufaktur GmbH
Novawood
Kärävä Oy
Thermoarena OÜ
Bingaman & Son Lumber, Inc.
AHC Hardwood Group

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Thermally Modified Wood Boards product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Thermally Modified Wood Boards, with price, sales quantity, revenue, and global market share of Thermally Modified Wood Boards from 2019 to 2024.

Chapter 3, the Thermally Modified Wood Boards competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Thermally Modified Wood Boards breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Thermally Modified Wood Boards market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Thermally Modified Wood Boards.

Chapter 14 and 15, to describe Thermally Modified Wood Boards sales channel, distributors, customers, research findings and conclusion.