Global Wood Preservative Chemicals Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Global Wood Preservative Chemicals Market Report Overview:

“The global wood preservative chemicals market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, future strategies, acquisitions & mergers, and market footprint.

The global wood preservative chemicals market report has been segmented based on formulation, application, and region.

Wood preservative chemicals are applied to wood to prevent it from multiple organisms such as ants, insects, fungi, termites, and other microbes. Products mainly as wood preservative chemicals are creosote, zinc-based, copper-based, chromated arsenicals, etc. Wood preservative chemicals are made available by various technologies such as solvent-borne, oil-borne, water-borne, and others. Wood preservative chemicals also apply in multiple industries, from furniture to building and construction.

Wood is utilized widely in the construction industry to build wood foundations, bridges, shelters, sound barriers, railroad crossties, walkways, etc. These wood structures need wood preservative chemicals to protect them against decomposition, degradation, decay problem, and fire, adding to the demand for wood preservative chemicals over the forecast period.

The global wood preservative chemicals market is driven by the rapidly growing construction and reconstruction activities in various developed and developing countries.

Innovative technologies used in production of wood preservative chemicals and increasing demand for wood preservative chemicals can be attributed to shifting preference of customers towards using eco-friendly wood preservative chemicals are key factors projected to boost the global wood preservative chemicals market growth.

Ammonium Copper Quaternary (ACQ) is a new generation compound and is being extensively used as an alternative to Chromated Copper Arsenate (CCA). ACQ is being applied to treat wood utilized in agriculture poles and as structural timber. It helps in improving durability of timber being used.

However, insufficient availability of wood or timber and stringent government regulations on wood preservatives are some major factors projected to hamper the growth of the wood preservative chemicals market.

North American wood preservative chemicals market is estimated to account for a major share in terms of revenue in 2017 and is projected to maintain its dominance over the forecast period, owing to the growing demand for wood preservative chemicals from various residential and commercial sectors in the countries in this region. Asia Pacific wood preservative chemicals market is also anticipated to record highest growth in terms of revenue in the next ten years.

Global Wood Preservative Chemicals Market Segmentation:

Segmentation by formulation:

• Water-Based
• Oil Based
• Solvent Based

 Segmentation by application:

• Residential
• Commercial
• Industrial

 Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa