I think it would be fair to call this wood fiber reinforced epoxy sheets.
Same reason we use MDF rather than Medium-density fibreboard.
Honestly, the manufacturing process sounds much simpler than other “wood” I’ve seen that has much more engineering / chemicals involved.
Thankfully we have had similar naming laws around the “wood” you mention. They are not perfect, but they are enough if you know what you’re looking for.
Ultimately this is about material science and the various trade-offs inherent in each choice. Cedar-strip canoes have a highly valued aesthetic quality but "wood-strengthened epoxy" is an accurate description of the material; the epoxy, however, is not the distinguishing feature of cedar-strip, kevlar, nor fiberglass canoes.
Like all evolving innovations, "transparent wood" seems to be searching for its killer application and I don't expect the name used by researchers to continue if/when it finds product-market fit.