Global Modified Wood Sales Market Report 2023

Market Analysis and Insights: Global Modified Wood Market

Modified wood products are generally more expensive than traditional “outdoor” woods such as cedar and pressure-treated southern yellow pine (SYP), but less expensive than hardwoods. Manufacturers tout their products’ aesthetic qualities and eco-friendly attributes as key selling points.

Due to the COVID-19 pandemic, the global Modified Wood market size is estimated to be worth US$ 2701.8 million in 2022 and is forecast to a readjusted size of US$ 3817.1 million by 2029 with a CAGR of 5.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Thermally Modified Wood accounting for % of the Modified Wood global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Interior segment is altered to an % CAGR throughout this forecast period.

Global Modified Wood main players are Thermory AS, Lonza, Hoover Treated Wood Prod, Foreco, Flameproof Companies, etc. Global top five manufacturers hold a share nearly 50%. North America is the largest market, with a share over 55%.

Global Modified Wood Scope and Market Size

The global Modified Wood market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global 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 sales, revenue and forecast by region (country), type and application for the period 2018-2029.



Segment by Type


Thermally Modified Wood

Chemical Modified Wood



Segment by Application


Interior

Exterior


By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions



By Company


Thermory AS

Arbor Wood Co.

Sunset Molding

Lonza

NFP

Hoover Treated Wood Products

Koppers

Foreco

Flameproof Companies

Viance