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Transparent Wood Market Share

Report ID: GMI5096
Published Date: Nov 2024
Report Format: PDF

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Transparent Wood Market Share

Global Transparent Wood Company Market Share Analysis, (2023)

The global market for transparent wood showcases a competitive landscape teeming with a mix of players, from multinational giants to regional manufacturers and specialized niche companies. Predominantly fragmented, the market sees major players like Stora Enso, Woodoo, VTT Technical Research Centre of Finland, Aalto University, and Xiamen Kandi Wood Co., Ltd. These companies command significant market shares, bolstered by their vast product portfolios and robust brand recognition. The surge of e-commerce has broadened online sales channels, allowing brands to tap into wider audiences and boost customer engagement via digital marketing.

Transparent Wood Market Companies

Major players operating in the transparent wood industry are:

Aalto University
Alfa Aesar (Thermo Fisher Scientific)
Gurit Holding AG
Oak Ridge National Laboratory (USA)
Sappi Lanaken Mill (Sappi Group)
Stora Enso
Sumitomo Forestry Co., Ltd.
Tennessee Technological University
TreeTom (China)
UFP Technologies
University of Maryland (USA)
VTT Technical Research Centre of Finland
Woodoo
Xiamen Kandi Wood Co., Ltd.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for transparent wood was reached USD 115 million in 2023 and is estimated to grow at a 7.3% CAGR from 2024 to 2032, driven by rising demand for sustainable and renewable materials.

The balsa wood segment recorded USD 50 million in 2023 and is expected to grow at a 7.6% CAGR by 2032, due to its lightweight and high porosity, which facilitate easier handling and efficient lignin extraction.

The building and construction segment held around 38% share of the transparent wood market in 2023 and is anticipated to grow at a 7.6% CAGR from 2024 to 2032, led by the industry's shift towards sustainable materials.

The U.S. transparent wood market surpassed USD 34 million in 2023 and is estimated to grow at a 7.7% CAGR from 2024 to 2032, supported by government regulations and incentives promoting sustainable building practices.

Key players in the industry include Aalto University, Alfa Aesar (Thermo Fisher Scientific), Gurit Holding AG, Oak Ridge National Laboratory (USA), Sappi Lanaken Mill (Sappi Group), Stora Enso, Sumitomo Forestry Co., Ltd., Tennessee Technological University, TreeTom (China), UFP Technologies, University of Maryland (USA), VTT Technical Research Centre of Finland,