Transparent Wood Market is Projected to Grow at a CAGR of 8.9% During 2023-2032, Driven by their Innate Biodegradable Qualities | InventWood, Nomaco, Sayerlack, Abro

The global transparent wood market was valued at USD 88.4 million in 2022 and it is anticipated to grow further to USD 208.1 million by 2032, at a CAGR of 8.9% during the forecast period.

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Transparent wood composites are new types of wood materials that are more transparent than ordinary woods by over 90% and have superior mechanical qualities. Due to their innate biodegradable qualities, these materials are becoming commercially available and are thought to be advantageous. Transparent wood materials are more durable and lightweight than regular wood, making them an appealing option for use in energy-efficient construction.

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Market Trends and Drivers

Globally, people are becoming more aware of the building industry's carbon footprints. According to a report by the World Green Building Council, construction-related activities and supplies are responsible for more than 11% of carbon emissions. As a result, using wood for construction is regarded as a method of storing carbon, opening up lucrative potential for suppliers of translucent wood.

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Global Transparent Wood Market Segmentation

By Application

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

By Region

• North America
o The U.S.
o Canada
o Mexico

• Europe
o The UK
o Germany
o France
o Spain
o Rest of Europe

• The Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific

• Rest of the World
o Latin America
o The Middle East
o Africa

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Major Players in the Global Transparent Wood Market

The key players studied in the report are Hoffmann Mineral GmbH, InventWood, Nomaco, Sayerlack, Abro, Cellutech AB, Holland Composites, Preserva Products LTD., Wash Safe, DEFY among others.

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