Global Thermally Modified Wood Market

Market Overview

• The Global Thermally Modified Wood Market Size was Worth around USD 3.45 Billion in 2023 and is predicted to Grow to around USD 5.60 Billion by 2033 with a compound annual growth rate (CAGR) of 4.96% between 2023 and 2033.
• The industry that produces and distributes wood products that have undergone thermal modification is known as the Thermally Modified Wood Market.
• By heating wood at high temperatures without oxygen, this method changes the wood's chemical and physical characteristics to improve stability, durability, and resistance to insects and rot.
• The reasons driving the growth of the thermally modified wood market include expanding construction activities, regulatory support, stability and durability, and sustainability concerns.

Major vendors in the Global Thermally Modified Wood Market

Arbor Wood, Kebony, Stora Enso, Thermory, Oy SWM-Wood, Ha Serv, Timurawood, Northland Forest Products, Novawood, Metsa Wood, and Others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the Thermally Modified Wood market based on the below-mentioned segments:

Global Thermally Modified Wood Market, By Type  

• Softwood
• Hardwood
• Bamboo

Global Thermally Modified Wood Market, By Application  

• Decking
• Siding
• Fencing
• Flooring
• Furniture

Global Thermally Modified Wood Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa