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Transparent Wood Market By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 150 Pages
  • November 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725161
The global transparent wood market size was valued at $88.4 million in 2021, and is projected to reach $208.1 million by 2031, growing at a CAGR of 9.0% from 2022 to 2031.

Transparent wood is a novel wood material, which has about 90% transparency. It is shatterproof and more biodegradable as compared to plastics and glass. Transparent wood is extensively employed in furniture and construction industry. It has properties such as high strength and light weight, therefore it can be used to replace steels and stones in the construction sector. Besides, it also possesses properties including, water resistant and fire resistant. Furthermore, transparent wood can also replace glass and is utilized for producing solar panels. Moreover, it can also be used for producing the wooden dashboard.

For the purpose of analysis, the transparent wood market scope covers application and region. The application of transparent wood including construction, furniture, solar cell, automotive windshields, packaging, flexible electronics, and others are analyzed in the report. Moreover, it analyzes the current market trends of transparent wood across different regions, such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

The growth drivers, restraints, opportunities and challenges are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market.

Furthermore, it highlights the

Competitive Landscape

of the key players to increase their market share and sustain intense competition in the industry. In addition, the report covers profiles of key industry participants, such as Abro, Cellutech AB, DEFY, Hoffmann Mineral GmbH, Holland Composites, InventWood, Nomaco, Preserva Products LTD., Sayerlack, and Wash Safe.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the transparent wood market analysis from 2021 to 2031 to identify the prevailing transparent wood market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the transparent wood market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global transparent wood market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

  • Construction
  • Furniture
  • Solar Cell
  • Automotive Windshields
  • Packaging
  • Flexible Electronics
  • Others

By Region

  • North America
  • U. S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa,
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • Hoffmann Mineral GmbH
  • InventWood
  • Nomaco
  • Sayerlack
  • Abro
  • Cellutech AB
  • Holland Composites
  • Preserva Products LTD.
  • Wash Safe
  • DEFY

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. High demand from construction, furniture, and solar cell end-use industries.
3.4.1.2. Surge in construction activities.

3.4.2. Restraints
3.4.2.1. High production cost of transparent wood.

3.4.3. Opportunities
3.4.3.1. Surge in demand for sustainable building materials.

3.5. COVID-19 Impact Analysis on the market
3.6. Value Chain Analysis
3.7. Patent Landscape

CHAPTER 4: TRANSPARENT WOOD MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2. Construction
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Furniture
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Solar Cell
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. Automotive Windshields
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6. Packaging
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
4.7. Flexible Electronics
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market share analysis by country
4.8. Others
4.8.1 Key market trends, growth factors and opportunities
4.8.2 Market size and forecast, by region
4.8.3 Market share analysis by country

CHAPTER 5: TRANSPARENT WOOD MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Application
5.2.3 North America Market size and forecast, by country
5.2.3.1 U. S.
5.2.3.1.1 Key market trends, growth factors and opportunities
5.2.3.1.2 Market size and forecast, by Application
5.2.3.2 Canada
5.2.3.2.1 Key market trends, growth factors and opportunities
5.2.3.2.2 Market size and forecast, by Application
5.2.3.3 Mexico
5.2.3.3.1 Key market trends, growth factors and opportunities
5.2.3.3.2 Market size and forecast, by Application
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Application
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Key market trends, growth factors and opportunities
5.3.3.1.2 Market size and forecast, by Application
5.3.3.2 France
5.3.3.2.1 Key market trends, growth factors and opportunities
5.3.3.2.2 Market size and forecast, by Application
5.3.3.3 Italy
5.3.3.3.1 Key market trends, growth factors and opportunities
5.3.3.3.2 Market size and forecast, by Application
5.3.3.4 UK
5.3.3.4.1 Key market trends, growth factors and opportunities
5.3.3.4.2 Market size and forecast, by Application
5.3.3.5 Spain
5.3.3.5.1 Key market trends, growth factors and opportunities
5.3.3.5.2 Market size and forecast, by Application
5.3.3.6 Rest of Europe
5.3.3.6.1 Key market trends, growth factors and opportunities
5.3.3.6.2 Market size and forecast, by Application
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Application
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Key market trends, growth factors and opportunities
5.4.3.1.2 Market size and forecast, by Application
5.4.3.2 India
5.4.3.2.1 Key market trends, growth factors and opportunities
5.4.3.2.2 Market size and forecast, by Application
5.4.3.3 Japan
5.4.3.3.1 Key market trends, growth factors and opportunities
5.4.3.3.2 Market size and forecast, by Application
5.4.3.4 South Korea
5.4.3.4.1 Key market trends, growth factors and opportunities
5.4.3.4.2 Market size and forecast, by Application
5.4.3.5 Australia
5.4.3.5.1 Key market trends, growth factors and opportunities
5.4.3.5.2 Market size and forecast, by Application
5.4.3.6 Rest of Asia-Pacific
5.4.3.6.1 Key market trends, growth factors and opportunities
5.4.3.6.2 Market size and forecast, by Application
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Application
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Key market trends, growth factors and opportunities
5.5.3.1.2 Market size and forecast, by Application
5.5.3.2 South Africa,
5.5.3.2.1 Key market trends, growth factors and opportunities
5.5.3.2.2 Market size and forecast, by Application
5.5.3.3 Saudi Arabia
5.5.3.3.1 Key market trends, growth factors and opportunities
5.5.3.3.2 Market size and forecast, by Application
5.5.3.4 Rest of LAMEA
5.5.3.4.1 Key market trends, growth factors and opportunities
5.5.3.4.2 Market size and forecast, by Application

CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Players
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Top player positioning, 2021

CHAPTER 7: COMPANY PROFILES
7.1 Hoffmann Mineral GmbH
7.1.1 Company overview
7.1.2 Key Executives
7.1.3 Company snapshot
7.1.4 Operating business segments
7.1.5 Product portfolio
7.1.6 Business performance
7.1.7 Key strategic moves and developments
7.2 InventWood
7.2.1 Company overview
7.2.2 Key Executives
7.2.3 Company snapshot
7.2.4 Operating business segments
7.2.5 Product portfolio
7.2.6 Business performance
7.2.7 Key strategic moves and developments
7.3 Nomaco
7.3.1 Company overview
7.3.2 Key Executives
7.3.3 Company snapshot
7.3.4 Operating business segments
7.3.5 Product portfolio
7.3.6 Business performance
7.3.7 Key strategic moves and developments
7.4 Sayerlack
7.4.1 Company overview
7.4.2 Key Executives
7.4.3 Company snapshot
7.4.4 Operating business segments
7.4.5 Product portfolio
7.4.6 Business performance
7.4.7 Key strategic moves and developments
7.5 Abro
7.5.1 Company overview
7.5.2 Key Executives
7.5.3 Company snapshot
7.5.4 Operating business segments
7.5.5 Product portfolio
7.5.6 Business performance
7.5.7 Key strategic moves and developments
7.6 Cellutech AB
7.6.1 Company overview
7.6.2 Key Executives
7.6.3 Company snapshot
7.6.4 Operating business segments
7.6.5 Product portfolio
7.6.6 Business performance
7.6.7 Key strategic moves and developments
7.7 Holland Composites
7.7.1 Company overview
7.7.2 Key Executives
7.7.3 Company snapshot
7.7.4 Operating business segments
7.7.5 Product portfolio
7.7.6 Business performance
7.7.7 Key strategic moves and developments
7.8 Preserva Products LTD.
7.8.1 Company overview
7.8.2 Key Executives
7.8.3 Company snapshot
7.8.4 Operating business segments
7.8.5 Product portfolio
7.8.6 Business performance
7.8.7 Key strategic moves and developments
7.9 Wash Safe
7.9.1 Company overview
7.9.2 Key Executives
7.9.3 Company snapshot
7.9.4 Operating business segments
7.9.5 Product portfolio
7.9.6 Business performance
7.9.7 Key strategic moves and developments
7.10 DEFY
7.10.1 Company overview
7.10.2 Key Executives
7.10.3 Company snapshot
7.10.4 Operating business segments
7.10.5 Product portfolio
7.10.6 Business performance
7.10.7 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Transparent Wood Market,' The transparent wood market was valued at $88.4 million in 2021, and is estimated to reach $208.1 million by 2031, growing at a CAGR of 9.0% from 2022 to 2031.

Transparent wood is utilized in the residential, office, retail, hotel, and leisure park real estate segments, among others where the urban development section is divided into sub-segments like urban transportation, schools, and healthcare. Transparent wood is one of the creative building materials with the ability to take the construction industry to a whole new level. It is used in home building to let more light into the dwelling. It may be used as an encapsulating material to prevent heat leakage from the phase change material, which can absorb, store, and release heat as needed.

Besides, for structural applications, transparent wood has higher ductility and work to fracture compared to glass. This wood is environment-friendly and biodegradable as regular wood. It has low thermal conductivity and helps keep a building at more consistent temperature. Transparent wood is widely used in home construction and brings light into the house, thereby lessening the need for artificial light. It also finds application in smart buildings with photonic function as well as smart windows to save energy. Transparent wood could be also used to produce solar cells.

Sustainable building materials are widely used for the energy conservation. There is rising demand for the sustainable building materials owing to their better insulation and eco-friendliness. Also, growth in population worldwide and rapid urbanization are encouraging the use of natural resources. Sustainable building materials are gaining traction, owing to reduction in issues associated with natural resource depletion and environmental degradation. The sustainable building materials are important to prevent the health hazards caused due to pollution, climate change, and carbon footprints. The CO₂emission is significantly reduced by utilizing green building materials in the construction sector. According to ACS Publications, it has been anticipated that the energy consumption across the globe is likely to grow by 48% and CO₂ emissions by 34% from 2012 to 2040. The building industry accounts for more than 30% of the total energy consumption and CO₂ emissions, leading to rising demand for more energy-efficient buildings. The transparent wood shows a high optical transmittance and a high haze in a wide wavelength range between 400 nm and 1100 nm. With such exceptional optical properties, the transparent wood composite with cellulose nanofibers can be used for optoelectronics, particularly for solar cells.

Transparent wood is regarded a promising structural material for wooden architecture as well as energy efficient engineering applications. Transparent wood is ideal for usage as an energy-saving building material owing to its low density, high optical transmittance and low thermal conductivity. Hence, use of transparent wood composites in energy-saving buildings because of low thermal conductivity, high optical transmittance, and haze, as well as favorable mechanical properties is predicted to offer lucrative growth opportunities for the market in coming years. Also, the growing demand from solar cell applications is predicted to create ample growth opportunities for the market during the forecast period.

On the basis of application, the market is categorized into construction, furniture, solar cell, automotive windshields, packaging, flexible electronics, others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The key players profiled in the study include Abro, Cellutech AB, DEFY, Hoffmann Mineral GmbH, Holland Composites, InventWood, Nomaco, Preserva Products LTD., Sayerlack, and Wash Safe.

Key Market Insights

By application, the construction segment dominated transparent wood market in 2021.

By region, Asia-Pacific is the fastest growing region

Companies Mentioned

  • Hoffmann Mineral GmbH
  • Inventwood
  • Nomaco
  • Sayerlack
  • Abro
  • Cellutech Ab
  • Holland Composites
  • Preserva Products Ltd.
  • Wash Safe
  • Defy

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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