PersistenceMarketResearch states that the global modified wood market will grow at the rate of more than 9% between 2020 and 2030.
The popularity of modified wood is rising at an exponential rate. This could be reasoned with it lasting longer, being stronger, and providing resistance to wear and tear/weathering. As such, high-end woodworking projects like doors, wardrobes, and tables ask for modified wood. Amongst the common processes regarding wood modification is “heat treatment”. The other type is “chemically modified”. As far as end-users are concerned, modified wood consists of commercial, residential, and industrial.
Out of North America, APAC, Europe, LATAM, and MEA, North America holds the largest market share. This could be credited to modified wood witnessing a skyrocketing demand for construction and flooring. Also, the European countries like Italy, Poland, Norway, Belgium, and France are witnessing an increase in production of modified wood. Russia is another key producer of modified wood as demand persists in CIS.
The key market participants include Cambia, Bailey Wood Products, Arbor Woods, AccSys Technologies, Thermory AS, Pakari, Intectural, Eastman Chemical, Luzhammar Corporation, Karava Oy, EcoVantage, LIGNIA Wood Company Ltd., Sunset Moulding Company, The Sansin Corporation, L. Johnson Lumber Mfg. Co., Scottywood, SIA REK, Kebony AS, Titan Wood Ltd., WTT A/S, and others.
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Titan Wood’s Accoya long duration modified wood comes with FSC certification. In a nutshell, minimal impact on environment is ascertained. It offers versatility, durability, and stability. Also, Sunset Moulding Company is providing choices with respect to wood as well as Suntrim MDF products.
Scottywood makes way for quality products by using American White Ash, Western Hemlock, and Red Oak. The basic advantage over here is that of use of domestic wood species instead of the tropical hardwoods. The brand name is “ThermoWood”. It could be used to serve both – interior and exterior purposes.
