Thermally Modified Wood Board Market Size, Trends, Shares, and Forecast - 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

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 : Nov 2025
  • Report Code : TIPRE00013068
  • Category : Chemicals and Materials
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Sep 2025

MARKET INTRODUCTION


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.

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Thermally Modified Wood Board Market: Strategic Insights

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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.

Thermally Modified Wood Board Market Regional Insights

The regional trends and factors influencing the Thermally Modified Wood Board Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Thermally Modified Wood Board Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Thermally Modified Wood Board Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Application
  • Commercial
  • Residential
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Arbor Wood Co.
  • Atlanta Hardwood Corporation
  • Bingaman and Son Lumber, Inc.
  • Karava Oy
  • Novawood
  • Oy SWM-Wood Ltd.
  • Stora Enso Oyj
  • Thermoarena OU
  • Thermory

Thermally Modified Wood Board Market Players Density: Understanding Its Impact on Business Dynamics

The Thermally Modified Wood Board Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


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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.

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.

Habi Ummer
Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Global, Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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