APO RESEARCH · REPORT
Thermally Modified Wood
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Thermally Modified Wood Industry Research Report 2026
Market perspective
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.
Read the full market overview
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.
Report Scope
This report quantifies the global Thermally Modified Wood market in revenue (US$ million) and, where applicable, sales volume (K m3), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K m3) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Thermally Modified Wood.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Thermally Modified Wood Market by Company
Arbor Wood
Lunawood
SWM-Wood
Stora Enso
Thermory
Cambia by NFP
Timura Holzmanufaktur
Novawood
Karava
Thermoarena
Bingaman & Son Lumber
Hardwoods
Thermally Modified Wood Segment by Type
Thermo-S
Thermo-D
Other
Thermally Modified Wood Segment by Application
Residential
Commercial
Thermally Modified Wood Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thermally Modified Wood market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Thermally Modified Wood and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thermally Modified Wood.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Thermally Modified Wood manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Thermally Modified Wood by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Thermally Modified Wood 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Thermo-S
- Thermo-D
- Other
Applications
- Residential
- Commercial
Companies covered
- Arbor Wood
- Lunawood
- SWM-Wood
- Stora Enso
- Thermory
- Cambia by NFP
- Timura Holzmanufaktur
- Novawood
- Karava
- Thermoarena
- Bingaman & Son Lumber
- Hardwoods
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Thermally Modified Wood by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Thermo-S
- 2.2.3 Thermo-D
- 2.2.4 Other
- 2.3 Thermally Modified Wood by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Residential
- 2.3.3 Commercial
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Thermally Modified Wood Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Thermally Modified Wood Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Thermally Modified Wood Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Thermally Modified Wood Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Thermally Modified Wood Production by Manufacturers (2021-2026)
- 3.2 Global Thermally Modified Wood Production Value by Manufacturers (2021-2026)
- 3.3 Global Thermally Modified Wood Average Price by Manufacturers (2021-2026)
- 3.4 Global Thermally Modified Wood Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Thermally Modified Wood Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Thermally Modified Wood Manufacturers, Product Type & Application
- 3.7 Global Thermally Modified Wood Manufacturers Established Date
- 3.8 Global Thermally Modified Wood Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Arbor Wood
- 4.1.1 Arbor Wood Thermally Modified Wood Company Information
- 4.1.2 Arbor Wood Thermally Modified Wood Business Overview
- 4.1.3 Arbor Wood Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Arbor Wood Product Portfolio
- 4.1.5 Arbor Wood Recent Developments
- 4.2 Lunawood
- 4.2.1 Lunawood Thermally Modified Wood Company Information
- 4.2.2 Lunawood Thermally Modified Wood Business Overview
- 4.2.3 Lunawood Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Lunawood Product Portfolio
- 4.2.5 Lunawood Recent Developments
- 4.3 SWM-Wood
- 4.3.1 SWM-Wood Thermally Modified Wood Company Information
- 4.3.2 SWM-Wood Thermally Modified Wood Business Overview
- 4.3.3 SWM-Wood Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 SWM-Wood Product Portfolio
- 4.3.5 SWM-Wood Recent Developments
- 4.4 Stora Enso
- 4.4.1 Stora Enso Thermally Modified Wood Company Information
- 4.4.2 Stora Enso Thermally Modified Wood Business Overview
- 4.4.3 Stora Enso Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Stora Enso Product Portfolio
- 4.4.5 Stora Enso Recent Developments
- 4.5 Thermory
- 4.5.1 Thermory Thermally Modified Wood Company Information
- 4.5.2 Thermory Thermally Modified Wood Business Overview
- 4.5.3 Thermory Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Thermory Product Portfolio
- 4.5.5 Thermory Recent Developments
- 4.6 Cambia by NFP
- 4.6.1 Cambia by NFP Thermally Modified Wood Company Information
- 4.6.2 Cambia by NFP Thermally Modified Wood Business Overview
- 4.6.3 Cambia by NFP Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Cambia by NFP Product Portfolio
- 4.6.5 Cambia by NFP Recent Developments
- 4.7 Timura Holzmanufaktur
- 4.7.1 Timura Holzmanufaktur Thermally Modified Wood Company Information
- 4.7.2 Timura Holzmanufaktur Thermally Modified Wood Business Overview
- 4.7.3 Timura Holzmanufaktur Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Timura Holzmanufaktur Product Portfolio
- 4.7.5 Timura Holzmanufaktur Recent Developments
- 4.8 Novawood
- 4.8.1 Novawood Thermally Modified Wood Company Information
- 4.8.2 Novawood Thermally Modified Wood Business Overview
- 4.8.3 Novawood Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Novawood Product Portfolio
- 4.8.5 Novawood Recent Developments
- 4.9 Karava
- 4.9.1 Karava Thermally Modified Wood Company Information
- 4.9.2 Karava Thermally Modified Wood Business Overview
- 4.9.3 Karava Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Karava Product Portfolio
- 4.9.5 Karava Recent Developments
- 4.10 Thermoarena
- 4.10.1 Thermoarena Thermally Modified Wood Company Information
- 4.10.2 Thermoarena Thermally Modified Wood Business Overview
- 4.10.3 Thermoarena Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Thermoarena Product Portfolio
- 4.10.5 Thermoarena Recent Developments
- 4.11 Bingaman & Son Lumber
- 4.11.1 Bingaman & Son Lumber Thermally Modified Wood Company Information
- 4.11.2 Bingaman & Son Lumber Thermally Modified Wood Business Overview
- 4.11.3 Bingaman & Son Lumber Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Bingaman & Son Lumber Product Portfolio
- 4.11.5 Bingaman & Son Lumber Recent Developments
- 4.12 Hardwoods
- 4.12.1 Hardwoods Thermally Modified Wood Company Information
- 4.12.2 Hardwoods Thermally Modified Wood Business Overview
- 4.12.3 Hardwoods Thermally Modified Wood Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Hardwoods Product Portfolio
- 4.12.5 Hardwoods Recent Developments
5 Global Thermally Modified Wood Production by Region
- 5.1 Global Thermally Modified Wood Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Thermally Modified Wood Production by Region: 2021-2032
- 5.2.1 Global Thermally Modified Wood Production by Region: 2021-2026
- 5.2.2 Global Thermally Modified Wood Production Forecast by Region (2027-2032)
- 5.3 Global Thermally Modified Wood Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Thermally Modified Wood Production Value by Region: 2021-2032
- 5.4.1 Global Thermally Modified Wood Production Value by Region: 2021-2026
- 5.4.2 Global Thermally Modified Wood Production Value Forecast by Region (2027-2032)
- 5.5 Global Thermally Modified Wood Market Price Analysis by Region (2021-2026)
- 5.6 Global Thermally Modified Wood Production and Value, YOY Growth
- 5.6.1 North America Thermally Modified Wood Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Thermally Modified Wood Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Thermally Modified Wood Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Thermally Modified Wood Production Value Estimates and Forecasts (2021-2032)
6 Global Thermally Modified Wood Consumption by Region
- 6.1 Global Thermally Modified Wood Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Thermally Modified Wood Consumption by Region (2021-2032)
- 6.2.1 Global Thermally Modified Wood Consumption by Region: 2021-2026
- 6.2.2 Global Thermally Modified Wood Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Thermally Modified Wood Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Thermally Modified Wood Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Thermally Modified Wood Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Thermally Modified Wood Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Thermally Modified Wood Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Thermally Modified Wood Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Thermally Modified Wood Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Thermally Modified Wood Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Thermally Modified Wood Production by Type (2021-2032)
- 7.1.1 Global Thermally Modified Wood Production by Type (2021-2032) & (K m3)
- 7.1.2 Global Thermally Modified Wood Production Market Share by Type (2021-2032)
- 7.2 Global Thermally Modified Wood Production Value by Type (2021-2032)
- 7.2.1 Global Thermally Modified Wood Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Thermally Modified Wood Production Value Market Share by Type (2021-2032)
- 7.3 Global Thermally Modified Wood Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Thermally Modified Wood Production by Application (2021-2032)
- 8.1.1 Global Thermally Modified Wood Production by Application (2021-2032) & (K m3)
- 8.1.2 Global Thermally Modified Wood Production Market Share by Application (2021-2032)
- 8.2 Global Thermally Modified Wood Production Value by Application (2021-2032)
- 8.2.1 Global Thermally Modified Wood Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Thermally Modified Wood Production Value Market Share by Application (2021-2032)
- 8.3 Global Thermally Modified Wood Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Thermally Modified Wood Value Chain Analysis
- 9.1.1 Thermally Modified Wood Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Thermally Modified Wood Production Mode & Process
- 9.2 Thermally Modified Wood Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Thermally Modified Wood Distributors
- 9.2.3 Thermally Modified Wood Customers
10 Global Thermally Modified Wood Analyzing Market Dynamics
- 10.1 Thermally Modified Wood Industry Trends
- 10.2 Thermally Modified Wood Industry Drivers
- 10.3 Thermally Modified Wood Industry Opportunities and Challenges
- 10.4 Thermally Modified Wood Industry Restraints
11 Report Conclusion
12 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst