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Global Thermally Modified Wood Boards Market Research Report 2025
Synopsis
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).
The global Thermally Modified Wood Boards market was valued at US$ 475 million in 2023 and is anticipated to reach US$ 828.7 million by 2030, witnessing a CAGR of 7.6% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Thermally Modified Wood Boards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermally Modified Wood Boards.
Report Scope
The Thermally Modified Wood Boards market size, estimations, and forecasts are provided in terms of output/shipments (m3) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermally Modified Wood Boards market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermally Modified Wood Boards manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Thermo-S
Thermo-D
Segment by Application
Commercial
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermally Modified Wood Boards manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermally Modified Wood Boards by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermally Modified Wood Boards in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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).
The global Thermally Modified Wood Boards market was valued at US$ 475 million in 2023 and is anticipated to reach US$ 828.7 million by 2030, witnessing a CAGR of 7.6% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Thermally Modified Wood Boards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermally Modified Wood Boards.
Report Scope
The Thermally Modified Wood Boards market size, estimations, and forecasts are provided in terms of output/shipments (m3) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermally Modified Wood Boards market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermally Modified Wood Boards manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Thermo-S
Thermo-D
Segment by Application
Commercial
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermally Modified Wood Boards manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermally Modified Wood Boards by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermally Modified Wood Boards in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Thermally Modified Wood Boards Market Overview
1.1 Product Definition
1.2 Thermally Modified Wood Boards Segment by Type
1.2.1 Global Thermally Modified Wood Boards Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Thermo-S
1.2.3 Thermo-D
1.3 Thermally Modified Wood Boards Segment by Application
1.3.1 Global Thermally Modified Wood Boards Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial
1.3.3 Residential
1.4 Global Market Growth Prospects
1.4.1 Global Thermally Modified Wood Boards Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thermally Modified Wood Boards Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thermally Modified Wood Boards Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thermally Modified Wood Boards Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermally Modified Wood Boards Production Market Share by Manufacturers (2019-2024)
2.2 Global Thermally Modified Wood Boards Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thermally Modified Wood Boards, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thermally Modified Wood Boards Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thermally Modified Wood Boards Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thermally Modified Wood Boards, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermally Modified Wood Boards, Product Offered and Application
2.8 Global Key Manufacturers of Thermally Modified Wood Boards, Date of Enter into This Industry
2.9 Thermally Modified Wood Boards Market Competitive Situation and Trends
2.9.1 Thermally Modified Wood Boards Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermally Modified Wood Boards Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermally Modified Wood Boards Production by Region
3.1 Global Thermally Modified Wood Boards Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thermally Modified Wood Boards Production Value by Region (2019-2030)
3.2.1 Global Thermally Modified Wood Boards Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thermally Modified Wood Boards by Region (2025-2030)
3.3 Global Thermally Modified Wood Boards Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thermally Modified Wood Boards Production by Region (2019-2030)
3.4.1 Global Thermally Modified Wood Boards Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thermally Modified Wood Boards by Region (2025-2030)
3.5 Global Thermally Modified Wood Boards Market Price Analysis by Region (2019-2024)
3.6 Global Thermally Modified Wood Boards Production and Value, Year-over-Year Growth
3.6.1 North America Thermally Modified Wood Boards Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thermally Modified Wood Boards Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thermally Modified Wood Boards Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thermally Modified Wood Boards Production Value Estimates and Forecasts (2019-2030)
4 Thermally Modified Wood Boards Consumption by Region
4.1 Global Thermally Modified Wood Boards Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thermally Modified Wood Boards Consumption by Region (2019-2030)
4.2.1 Global Thermally Modified Wood Boards Consumption by Region (2019-2024)
4.2.2 Global Thermally Modified Wood Boards Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thermally Modified Wood Boards Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thermally Modified Wood Boards Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermally Modified Wood Boards Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thermally Modified Wood Boards Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermally Modified Wood Boards Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thermally Modified Wood Boards Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermally Modified Wood Boards Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thermally Modified Wood Boards Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thermally Modified Wood Boards Production by Type (2019-2030)
5.1.1 Global Thermally Modified Wood Boards Production by Type (2019-2024)
5.1.2 Global Thermally Modified Wood Boards Production by Type (2025-2030)
5.1.3 Global Thermally Modified Wood Boards Production Market Share by Type (2019-2030)
5.2 Global Thermally Modified Wood Boards Production Value by Type (2019-2030)
5.2.1 Global Thermally Modified Wood Boards Production Value by Type (2019-2024)
5.2.2 Global Thermally Modified Wood Boards Production Value by Type (2025-2030)
5.2.3 Global Thermally Modified Wood Boards Production Value Market Share by Type (2019-2030)
5.3 Global Thermally Modified Wood Boards Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thermally Modified Wood Boards Production by Application (2019-2030)
6.1.1 Global Thermally Modified Wood Boards Production by Application (2019-2024)
6.1.2 Global Thermally Modified Wood Boards Production by Application (2025-2030)
6.1.3 Global Thermally Modified Wood Boards Production Market Share by Application (2019-2030)
6.2 Global Thermally Modified Wood Boards Production Value by Application (2019-2030)
6.2.1 Global Thermally Modified Wood Boards Production Value by Application (2019-2024)
6.2.2 Global Thermally Modified Wood Boards Production Value by Application (2025-2030)
6.2.3 Global Thermally Modified Wood Boards Production Value Market Share by Application (2019-2030)
6.3 Global Thermally Modified Wood Boards Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Arbor Wood
7.1.1 Arbor Wood Thermally Modified Wood Boards Corporation Information
7.1.2 Arbor Wood Thermally Modified Wood Boards Product Portfolio
7.1.3 Arbor Wood Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Arbor Wood Main Business and Markets Served
7.1.5 Arbor Wood Recent Developments/Updates
7.2 Oy Lunawood Ltd
7.2.1 Oy Lunawood Ltd Thermally Modified Wood Boards Corporation Information
7.2.2 Oy Lunawood Ltd Thermally Modified Wood Boards Product Portfolio
7.2.3 Oy Lunawood Ltd Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Oy Lunawood Ltd Main Business and Markets Served
7.2.5 Oy Lunawood Ltd Recent Developments/Updates
7.3 Oy SWM-Wood Ltd
7.3.1 Oy SWM-Wood Ltd Thermally Modified Wood Boards Corporation Information
7.3.2 Oy SWM-Wood Ltd Thermally Modified Wood Boards Product Portfolio
7.3.3 Oy SWM-Wood Ltd Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Oy SWM-Wood Ltd Main Business and Markets Served
7.3.5 Oy SWM-Wood Ltd Recent Developments/Updates
7.4 Stora Enso
7.4.1 Stora Enso Thermally Modified Wood Boards Corporation Information
7.4.2 Stora Enso Thermally Modified Wood Boards Product Portfolio
7.4.3 Stora Enso Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Stora Enso Main Business and Markets Served
7.4.5 Stora Enso Recent Developments/Updates
7.5 Thermory AS
7.5.1 Thermory AS Thermally Modified Wood Boards Corporation Information
7.5.2 Thermory AS Thermally Modified Wood Boards Product Portfolio
7.5.3 Thermory AS Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Thermory AS Main Business and Markets Served
7.5.5 Thermory AS Recent Developments/Updates
7.6 Cambia by NFP
7.6.1 Cambia by NFP Thermally Modified Wood Boards Corporation Information
7.6.2 Cambia by NFP Thermally Modified Wood Boards Product Portfolio
7.6.3 Cambia by NFP Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Cambia by NFP Main Business and Markets Served
7.6.5 Cambia by NFP Recent Developments/Updates
7.7 Timura Holzmanufaktur GmbH
7.7.1 Timura Holzmanufaktur GmbH Thermally Modified Wood Boards Corporation Information
7.7.2 Timura Holzmanufaktur GmbH Thermally Modified Wood Boards Product Portfolio
7.7.3 Timura Holzmanufaktur GmbH Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Timura Holzmanufaktur GmbH Main Business and Markets Served
7.7.5 Timura Holzmanufaktur GmbH Recent Developments/Updates
7.8 Novawood
7.8.1 Novawood Thermally Modified Wood Boards Corporation Information
7.8.2 Novawood Thermally Modified Wood Boards Product Portfolio
7.8.3 Novawood Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Novawood Main Business and Markets Served
7.7.5 Novawood Recent Developments/Updates
7.9 Kärävä Oy
7.9.1 Kärävä Oy Thermally Modified Wood Boards Corporation Information
7.9.2 Kärävä Oy Thermally Modified Wood Boards Product Portfolio
7.9.3 Kärävä Oy Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Kärävä Oy Main Business and Markets Served
7.9.5 Kärävä Oy Recent Developments/Updates
7.10 Thermoarena OÜ
7.10.1 Thermoarena OÜ Thermally Modified Wood Boards Corporation Information
7.10.2 Thermoarena OÜ Thermally Modified Wood Boards Product Portfolio
7.10.3 Thermoarena OÜ Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Thermoarena OÜ Main Business and Markets Served
7.10.5 Thermoarena OÜ Recent Developments/Updates
7.11 Bingaman & Son Lumber, Inc.
7.11.1 Bingaman & Son Lumber, Inc. Thermally Modified Wood Boards Corporation Information
7.11.2 Bingaman & Son Lumber, Inc. Thermally Modified Wood Boards Product Portfolio
7.11.3 Bingaman & Son Lumber, Inc. Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Bingaman & Son Lumber, Inc. Main Business and Markets Served
7.11.5 Bingaman & Son Lumber, Inc. Recent Developments/Updates
7.12 AHC Hardwood Group
7.12.1 AHC Hardwood Group Thermally Modified Wood Boards Corporation Information
7.12.2 AHC Hardwood Group Thermally Modified Wood Boards Product Portfolio
7.12.3 AHC Hardwood Group Thermally Modified Wood Boards Production, Value, Price and Gross Margin (2019-2024)
7.12.4 AHC Hardwood Group Main Business and Markets Served
7.12.5 AHC Hardwood Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermally Modified Wood Boards Industry Chain Analysis
8.2 Thermally Modified Wood Boards Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermally Modified Wood Boards Production Mode & Process
8.4 Thermally Modified Wood Boards Sales and Marketing
8.4.1 Thermally Modified Wood Boards Sales Channels
8.4.2 Thermally Modified Wood Boards Distributors
8.5 Thermally Modified Wood Boards Customers
9 Thermally Modified Wood Boards Market Dynamics
9.1 Thermally Modified Wood Boards Industry Trends
9.2 Thermally Modified Wood Boards Market Drivers
9.3 Thermally Modified Wood Boards Market Challenges
9.4 Thermally Modified Wood Boards Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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