tulipwood vs tulip tree

tulipwood and tulip tree both are nouns.

Word	Noun	Adjective	Verb	Adverb
tulipwood	Yes	No	No	No
tulip tree	Yes	No	No	No

tulipwood (noun)	tulip tree (noun)
light easily worked wood of a tulip tree; used for furniture and veneer	tall North American deciduous timber tree having large tulip-shaped greenish yellow flowers and conelike fruit; yields soft white woods used especially for cabinet work
the variegated or showily striped ornamental wood of various tulipwood trees