The global thermally modified wood market is anticipated to expand at a favorable rate from 2021 to 2031 (forecast period). Over the last decade, the thermally modified wood, often known as heat-treated wood, has grown significantly. The thermal modification was once perceived as a substitute for chemical preservatives. Although this viewpoint persists to some extent, several manufacturers have softened their assertions that heat-treated wood is durable. Instead, the marketing emphasis has turned to color change and greater dimensional stability, emphasizing a higher level of durability as opposed to other naturally durable species.
Increasing demand for thermally modified wood in both interior and outdoor applications, a growing trend toward green building construction, and high efficiency paired with minimal maintenance needs are some of the major aspects projected to drive the global thermally modified wood market during the forecast period.
Key players operating in the global thermally modified wood market are Arbor Wood, Kebony, Stora Enso, Thermory, Oy SWM-Wood, Karava, Ha Serv, timurawood, Northland Forest Products, Novawood, Scottywood, Metsa Wood, Heatwood, EcoVantage Wood, Rhino Wood, and Thermoholz
These companies control a sizable portion of the thermally modified wood market. As a result, the global thermally modified wood is expected to witness the intense competition.
The global thermally modified wood market is expected to witness considerable growth during the forecast period. Manufacturers are spending more on R&D of thermally modified wood. The Natural Resources Research Institute at the University of Minnesota in Duluth, for example, has a pilot-scale kiln to study the efficiency of thermal modification on underused Minnesota tree species. It is employed in most operations due to the elevated temperature, 180 - 220°C, and the chemical composition of the wood components is changed after warming the wood.
Thermally modified wood has stronger resistance to soft rot fungi and basidiomycetes and a reduced equilibrium moisture levels and fiber saturation point. As a result, its physical properties improve. Thermally-treated wood is being used in a variety of outdoor and indoor applications throughout Europe due to its increased durability, physical properties, and attractive appearance.
The North America thermally modified wood market is expected to develop due to the rising demand for thermally modified wood in indoor and outdoor applications. Furthermore, significant players in this region have led to the development of novel products that meet global standards.
The thermally modified wood market in Europe is projected to grow during the forecast period. Europe is regarded as a valuable market for manufacturers. Thermally modified wood is an excellent alternative for furniture manufacturers since it is extremely durable while maintaining stability at increased humidity levels. This feature, together with a growing trend toward green building development, is expected to promote its usage in the coming years.
The Asia Pacific thermally modified wood market is expected to expand due to increased demand from end-users such as furniture manufacturers and shipping industries to increase their sales by employing premium material that gives strength and other benefits.
The thermally modified wood market in the Middle East and Africa is likely to develop at a modest rate over the forecast period due to rising demand for thermally treated wood in interior applications. Furthermore, the presence of prominent players in this region has resulted in the development of novel products that meet global standards.
The Latin America thermally modified wood market is likely to rise at a significant rate over the projection period due to the increasing demand for thermally modified wood in both interior and outdoor applications.
N/A
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Thermally Modified Wood Market
