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.
Global Thermally Modified Wood key players include Arbor Wood, Lunawood, SWM-Wood, Stora Enso, Thermory, Cambia by NFP, timura Holzmanufaktur GmbH, Novawood, Karava, Thermoarena OÜ, Bingaman & Son Lumber, Inc., Hardwoods, etc. Global top twelve manufacturers hold a share about 10%.
Europe is the largest market, with a share about 35%, followed by North America and Central & South America, both have a share over 40 percent.
In terms of product, Thermo-S is the largest segment, with a share about 50%. And in terms of application, the largest application is Residential, followed by Commercial.

Market Analysis and Insights: Global and United States Thermally Modified Wood Market
This report focuses on global and United States Thermally Modified Wood market.
In 2020, the global Thermally Modified Wood market size was US$ 4096 million and it is expected to reach US$ 4984.8 million by the end of 2027, with a CAGR of 2.9% during 2021-2027. In United States the Thermally Modified Wood market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Thermally Modified Wood Scope and Market Size
Thermally Modified Wood market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Thermally Modified Wood market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Thermally Modified Wood market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Thermo-S
Thermo-D
Other

Segment by Application
Residential
Commercial

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Arbor Wood
Lunawood
SWM-Wood
Stora Enso
Thermory
Cambia by NFP
Timura Holzmanufaktur
Novawood
Karava
Thermoarena
Bingaman & Son Lumber
Hardwoods