市場調查報告書
商品編碼
1373596
全球木材生物產品市場:按產品類型、按應用、按最終用途行業、按地區、機會、預測,2016-2030 年Wood Bio-Products Market Assessment, By Product Type, By Application, By End-use Industry, By Region, Opportunities, and Forecast, 2016-2030F |
2022年全球木材生物製品市場規模為3,018.1億美元。 預計到 2030 年,該市場將成長至 5,463.4 億美元,2023-2030 年預測期間複合年增長率為 7.7%。 全球範圍內建築項目投資的增加以及從化石燃料向生物燃料的轉變正在推動對木材生物產品的需求,以確保卓越的可持續性,從而帶動市場成長。
機場專案資金的增加以及國際公司進入新興市場並設立新的製造基地是推動建築和建設專案成長的顯著因素。 此外,更嚴格的碳排放法規和對生物燃料生產設施的投資增加是推動從化石燃料過渡到生物燃料的關鍵因素。 因此,建築業的活躍以及對生物燃料的需求不斷增加,刺激了對木質生物產品的需求,以減少碳排放,從而推動市場成長。
生物塑膠和建築材料等木質生物產品是屋頂和窗戶等建築應用的理想選擇,其重量減輕,可實現經濟高效的運輸。 對經濟適用住房項目的投資增加和醫療基礎設施項目的增加是推動建築業成長的主要趨勢。
由木材生產的生物燃料的主要優點包括良好的能源效率、高品質的引擎性能和良好的經濟效益。 因此,木質生物燃料被用於轎車、卡車和巴士等汽車。 汽車工業的成長主要得益於乘用車製造設施的持續發展和重型卡車的日益普及。
加強亞太地區的碳排放法規、推出由廢木材製成的永續產品系列等正在推動航空航太、建築和建築等最終用途產業採用化石燃料替代品。 上述產業是木質生物產品的主要最終用途產業,正在推動市場成長。
本報告考察了全球木材生物產品市場,並提供了市場概述,包括按產品類型、應用、最終用途行業、地區以及參與市場的公司概況劃分的趨勢。我是。
Global Wood Bio-Products Market size was valued at USD 301.81 billion in 2022, which is expected to grow to USD 546.34 billion in 2030 with a CAGR of 7.7% during the forecast period between 2023 and 2030. The increasing investments in building & construction projects at the global level and the rising shift of countries from fossil fuel to biofuel are boosting the demand for wood-bio products to ensure superior sustainability, which, in turn, is spurring the market growth.
The increasing funding for airport projects and the entry of international players in emerging markets with new manufacturing bases are the prominent aspects driving the growth of building & construction projects. Furthermore, the increasing carbon emission norms and rising investments in biofuel manufacturing facilities, are the prime aspects leading to the transition from fossil fuels to biofuel. Thus, the bolstering building & construction sector and the increasing demand for biofuel are spurring the demand for wood bio-products to reduce carbon emissions, this, in turn, is fostering the market growth.
Wood bio-products such as bioplastics and construction materials are ideal for construction & construction applications , including roofing and windows to ensure lighter weight, thereby leading to cost-effective transportation. The increasing investment in affordable housing projects, coupled with the rise in healthcare infrastructure projects are the key trends driving the growth of the building & construction industry.
For instance, according to the Construction Products Association, in 2022, global construction activities registered a growth of 2.0% as compared to 2021. Moreover, global private housing construction registered a year-on-year growth rate of 3.0% in 2022. Therefore, the increase in building & construction activities is fostering the demand for wood bio-products such as bioplastic and construction materials to minimize landfill waste, which, in turn, is amplifying the market growth.
The prime benefits of biofuel manufactured from wood include superior energy efficiency, high-quality engine performance, and favorable economic impact. As a result, wood biofuel is deployed in automotive vehicles such as passenger vehicles, trucks, and buses. The growth of the automobile industry is attributed to prime variables such as the increasing development of passenger car manufacturing facilities and the rising adoption of heavy-duty trucks.
For instance, according to the recent statistics published by the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2021, the global production of automobiles was 80,205,102 units, and in 2022, it was 85,016,728 units, an increase of 6.0%. Henceforth, the rise in the production activities for the automotive is accelerating the demand for biofuel to minimize greenhouse gas emissions, thereby supplementing the market growth.
The increasing carbon emission norms, the introduction of a sustainable product range composed of waste wood, and others in the Asia Pacific are boosting the adoption of fossil fuel alternative products in end-use industries such as aerospace and building & construction. The above sectors are the major end-use industries for wood bio-products, bolstering market growth.
For instance, in 2023, various construction projects commenced in the Asia-Pacific, including Kaithal Medical College, India (project completion year 2026), Sham Shui Po 30-Classroom Primary School, China (project completion year 2026), and others. Thus, the rise in construction projects in the Asia Pacific region fosters the demand for wood bio-products to minimize the impact of carbon footprint. As a result, the increase in the demand for wood bio-products in the Asia Pacific region is accelerating market growth.
The ongoing development of biochemical manufacturing facilities will drive the demand for wood. For instance, as of October 2023, UPM Leuna Biorefinery is in the construction phase in Germany. The UPM Leuna Biorefinery will manufacture renewable glycols and lignin from wood. Thus, the development of new biochemical plants will drive the demand for wood bio-products, which, in turn, will create a favorable growth outlook for the market.
The plans to develop wood-based construction projects to achieve long-term sustainability goals will accelerate the demand for wood bio-products. For illustration, in June 2023, Atrium Ljungberg, a Sweden-based real estate company, announced plans to develop Stockholm Wood City. The floor area of the city will be 250,000 square meters, comprising 2,000 houses and 7,000 offices. Hence, the upcoming projects for developing a wood-based city will accelerate the demand for wood bio-products, creating a vital market growth potential.
The automobile and aerospace industries are among the major sectors contributing to global carbon emission generation. As a result, governments in various countries are implementing carbon-neutral targets. For instance, the intermediate target of the Paris Agreement is to reduce global carbon emissions by 45% in 2030 and become carbon neutral by 2050. Therefore, the long-term carbon emission reduction targets to reduce carbon footprint will accelerate the adoption of wood bio-products, creating a lucrative growth opportunity for the market during the projected forecast period.
The major wood bio-product market players are: UPM, NIPPON PAPER INDUSTRIES CO., LTD., Georgia-Pacific., and Metsa Group. The above-listed players involved in the manufacturing and supply of wood bio-products, such as biofuel and bioplastic are leveraging their potential on strategies, including technology innovation, acquisitions, product innovations, and facility development to increase their market revenue and volume share in the wood bio-products industry.
In November 2022, UFP, a United States-based manufacturer of wood bio-products, launched Vista Decking, a wood-based bio-construction material. The major aim of the launch of Vista Decking was to increase the market share of UFP at the global level.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.