Thermally Modified Wood Board Market Size, Trends, Shares, and Forecast - 2031
Coverage: Thermally Modified Wood Board Market covers analysis by Application (Commercial, Residential.) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Sep 2025
- Report Code : TIPRE00013068
- Category : Chemicals and Materials
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The thermally modified wood board is defined as the wood that is modified by controlled pyrolysis process. In this process, the wood is heated up to one eighty degree celsius when the oxygen in absent. Due to this process the chemical is able to change its cell structure of cell wall components in the woods, in order to increase the durability. During this process the absence of oxygen prevents the wood for burning even at high temperatures. The wood is thermally modified by the usage of five thermal modification processes. The thermal modification process is highly successful as compared to other wood board modification processes.
MARKET DYNAMICS
The ability of thermally modified wood board to resist against basidiomycetes and soft rot fungi drives the market for thermally modified white board market. Besides this, the lower equilibrium moisture content and fiber saturation point also drives the market growth. However, reduction in strength properties due to the brittleness of the wood obstruct the growth of the thermally modified wood board market. The appearance and dimensional stability proffered by the thermally modified wood board is expected to bolster well the market in the near future.
MARKET SCOPE
The "Global Thermally Modified Wood Board Market Analysis to 2031" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermally modified wood board market with detailed market segmentation by application and geography. The global thermally modified wood board market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermally modified wood board market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermally modified wood board market is segmented on the basis of application. On the basis of application, the thermally modified wood board market is segmented into commercial and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermally modified wood board market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermally modified wood board market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermally modified wood board market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thermally modified wood board market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermally modified wood board market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermally modified wood board market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermally modified wood board market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thermally modified wood board market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermally modified wood board market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thermally modified wood board market are anticipated to lucrative growth opportunities in the future with the rising demand for thermally modified wood board market in the global market. Below mentioned is the list of few companies engaged in the thermally modified wood board market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermally modified wood board market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arbor Wood Co.
- Atlanta Hardwood Corporation
- Bingaman & Son Lumber, Inc.
- Karava Oy
- Novawood
- Oy SWM-Wood Ltd.
- Stora Enso Oyj
- Thermoarena OU
- Thermory
- Timura Holzmanufaktur GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Thermally Modified Wood Board Market - By Application
1.3.2 Thermally Modified Wood Board Market - By Region
1.3.2.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. THERMALLY MODIFIED WOOD BOARD MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. THERMALLY MODIFIED WOOD BOARD MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. THERMALLY MODIFIED WOOD BOARD MARKET - GLOBAL MARKET ANALYSIS
6.1. THERMALLY MODIFIED WOOD BOARD - GLOBAL MARKET OVERVIEW
6.2. THERMALLY MODIFIED WOOD BOARD - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. THERMALLY MODIFIED WOOD BOARD MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. COMMERCIAL
7.3.1. Overview
7.3.2. Commercial Market Forecast and Analysis
7.4. RESIDENTIAL.
7.4.1. Overview
7.4.2. Residential. Market Forecast and Analysis
8. THERMALLY MODIFIED WOOD BOARD MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Thermally Modified Wood Board Market Overview
8.1.2 North America Thermally Modified Wood Board Market Forecasts and Analysis
8.1.3 North America Thermally Modified Wood Board Market Forecasts and Analysis - By Application
8.1.4 North America Thermally Modified Wood Board Market Forecasts and Analysis - By Countries
8.1.4.1 United States Thermally Modified Wood Board Market
8.1.4.1.1 United States Thermally Modified Wood Board Market by Application
8.1.4.2 Canada Thermally Modified Wood Board Market
8.1.4.2.1 Canada Thermally Modified Wood Board Market by Application
8.1.4.3 Mexico Thermally Modified Wood Board Market
8.1.4.3.1 Mexico Thermally Modified Wood Board Market by Application
8.2. EUROPE
8.2.1 Europe Thermally Modified Wood Board Market Overview
8.2.2 Europe Thermally Modified Wood Board Market Forecasts and Analysis
8.2.3 Europe Thermally Modified Wood Board Market Forecasts and Analysis - By Application
8.2.4 Europe Thermally Modified Wood Board Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Thermally Modified Wood Board Market
8.2.4.1.1 Germany Thermally Modified Wood Board Market by Application
8.2.4.2 France Thermally Modified Wood Board Market
8.2.4.2.1 France Thermally Modified Wood Board Market by Application
8.2.4.3 Italy Thermally Modified Wood Board Market
8.2.4.3.1 Italy Thermally Modified Wood Board Market by Application
8.2.4.4 United Kingdom Thermally Modified Wood Board Market
8.2.4.4.1 United Kingdom Thermally Modified Wood Board Market by Application
8.2.4.5 Russia Thermally Modified Wood Board Market
8.2.4.5.1 Russia Thermally Modified Wood Board Market by Application
8.2.4.6 Rest of Europe Thermally Modified Wood Board Market
8.2.4.6.1 Rest of Europe Thermally Modified Wood Board Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Thermally Modified Wood Board Market Overview
8.3.2 Asia-Pacific Thermally Modified Wood Board Market Forecasts and Analysis
8.3.3 Asia-Pacific Thermally Modified Wood Board Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Thermally Modified Wood Board Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Thermally Modified Wood Board Market
8.3.4.1.1 Australia Thermally Modified Wood Board Market by Application
8.3.4.2 China Thermally Modified Wood Board Market
8.3.4.2.1 China Thermally Modified Wood Board Market by Application
8.3.4.3 India Thermally Modified Wood Board Market
8.3.4.3.1 India Thermally Modified Wood Board Market by Application
8.3.4.4 Japan Thermally Modified Wood Board Market
8.3.4.4.1 Japan Thermally Modified Wood Board Market by Application
8.3.4.5 South Korea Thermally Modified Wood Board Market
8.3.4.5.1 South Korea Thermally Modified Wood Board Market by Application
8.3.4.6 Rest of Asia-Pacific Thermally Modified Wood Board Market
8.3.4.6.1 Rest of Asia-Pacific Thermally Modified Wood Board Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Thermally Modified Wood Board Market Overview
8.4.2 Middle East and Africa Thermally Modified Wood Board Market Forecasts and Analysis
8.4.3 Middle East and Africa Thermally Modified Wood Board Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Thermally Modified Wood Board Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Thermally Modified Wood Board Market
8.4.4.1.1 South Africa Thermally Modified Wood Board Market by Application
8.4.4.2 Saudi Arabia Thermally Modified Wood Board Market
8.4.4.2.1 Saudi Arabia Thermally Modified Wood Board Market by Application
8.4.4.3 U.A.E Thermally Modified Wood Board Market
8.4.4.3.1 U.A.E Thermally Modified Wood Board Market by Application
8.4.4.4 Rest of Middle East and Africa Thermally Modified Wood Board Market
8.4.4.4.1 Rest of Middle East and Africa Thermally Modified Wood Board Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Thermally Modified Wood Board Market Overview
8.5.2 South and Central America Thermally Modified Wood Board Market Forecasts and Analysis
8.5.3 South and Central America Thermally Modified Wood Board Market Forecasts and Analysis - By Application
8.5.4 South and Central America Thermally Modified Wood Board Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Thermally Modified Wood Board Market
8.5.4.1.1 Brazil Thermally Modified Wood Board Market by Application
8.5.4.2 Argentina Thermally Modified Wood Board Market
8.5.4.2.1 Argentina Thermally Modified Wood Board Market by Application
8.5.4.3 Rest of South and Central America Thermally Modified Wood Board Market
8.5.4.3.1 Rest of South and Central America Thermally Modified Wood Board Market by Application
9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
10. THERMALLY MODIFIED WOOD BOARD MARKET, KEY COMPANY PROFILES
10.1. ARBOR WOOD CO.
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. ATLANTA HARDWOOD CORPORATION
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. BINGAMAN AND SON LUMBER, INC.
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. KARAVA OY
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. NOVAWOOD
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. OY SWM-WOOD LTD.
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. STORA ENSO OYJ
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. THERMOARENA OU
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. THERMORY
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. TIMURA HOLZMANUFAKTUR GMBH
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
1. Arbor Wood Co.
2. Atlanta Hardwood Corporation
3. Bingaman and Son Lumber, Inc.
4. Karava Oy
5. Novawood
6. Oy SWM-Wood Ltd.
7. Stora Enso Oyj
8. Thermoarena OU
9. Thermory
10. Timura Holzmanufaktur GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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