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

MarketResearch.biz delivers in-depth insights on the global wood preservative chemicals market in its upcoming report titled, “Global Wood Preservative Chemicals Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global wood preservative chemicals market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. 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, apart from future strategies, acquisitions & mergers, and market footprint. The global wood preservative chemicals market report has been segmented on the basis of formulation, application, and region.

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

Wood is utilized widely in 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 demand for wood preservative chemicals over the forecast period. The global wood preservative chemicals market is projected to be driven by 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 for the treatment of 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 usage of wood preservatives are some major factors projected to hamper growth of the wood preservative chemicals market.

North America wood preservative chemicals market is estimated to account for major share in terms of revenue in 2017, and is projected to maintain its dominance over the forecast period, owing to 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