세계의 목재 바이오 제품 시장 : 제품 유형별, 용도별, 최종 이용 산업별, 지역별, 기회 및 예측(2016-2030년)
Wood Bio-Products Market Assessment, By Product Type, By Application, By End-use Industry, By Region, Opportunities, and Forecast, 2016-2030F
세계 목재 바이오 제품 시장 규모는 2022년 3,018억 1,000만 달러에 달했습니다. 이 시장은 2023-2030년 예측 기간 동안 7.7%의 CAGR로 확대되어 2030년에는 5,463억 4,000만 달러로 성장할 것으로 예상됩니다. 전 세계적으로 건축 및 건설 프로젝트에 대한 투자 증가와 화석 연료에서 바이오 연료로의 전환이 증가함에 따라 우수한 지속가능성을 보장하기 위해 목재 바이오 제품에 대한 수요가 증가하여 시장 성장에 박차를 가하고 있습니다.
공항 프로젝트에 대한 자금 지원의 증가와 새로운 생산 기지를 갖춘 국제 기업의 신흥 시장 진출은 건축 및 건설 프로젝트의 성장을 촉진하는 중요한 요인입니다. 또한, 탄소 배출 규제 강화와 바이오 연료 생산 시설에 대한 투자 증가는 화석 연료에서 바이오 연료로의 전환을 촉진하는 주요 요인으로 작용하고 있습니다. 이처럼 건축 및 건설 부문의 활성화와 바이오 연료 수요 증가는 탄소 배출량을 줄이기 위한 목재 바이오 제품에 대한 수요를 촉진하고 있으며, 이는 시장 성장을 촉진하고 있습니다.
바이오플라스틱 및 건축 자재와 같은 목재 바이오 제품은 지붕, 창호 등 건축 및 건설 분야에 적합하며, 경량화를 통해 비용 효율적인 운송을 가능하게 합니다. 저렴한 주택 프로젝트에 대한 투자 증가와 의료 인프라 프로젝트의 증가는 건축 및 건설 산업의 성장을 촉진하는 주요 트렌드입니다.
목재를 원료로 한 바이오 연료의 주요 장점은 우수한 에너지 효율, 고품질 엔진 성능, 우수한 경제성 등입니다. 그 결과, 목재 바이오 연료는 승용차, 트럭, 버스 등 다양한 자동차에 적용되고 있습니다. 자동차 산업의 성장은 승용차 제조 시설의 발전과 대형 트럭의 채택 증가가 주요 요인으로 작용하고 있습니다.
아시아태평양의 강화된 탄소 배출 규제와 폐목재로 구성된 지속가능한 제품군의 도입은 항공우주, 건축 및 건설과 같은 최종 사용 산업에서 화석 연료 대체 제품의 채택을 촉진하고 있습니다. 상기 분야는 목재 바이오 제품의 주요 최종 사용 산업으로 시장 성장을 견인하고 있습니다.
이 보고서는 세계 목재 바이오 제품 시장에 대해 조사했으며, 시장 개요와 함께 제품 유형별, 용도별, 최종 이용 산업별, 지역별 동향, 시장 진입 기업 개요 등을 제공합니다.
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.