Category

Wood Preservative Chemicals Market - Forecasts From 2019 To 2024

95 pages
Published on : May 2019
Report Code : KSI061612272

Description

The Wood preservative chemicals market is projected to grow at a CAGR of 4.81% to reach US$2.540 billion by 2024, from US$1.916 billion in 2018. Wood preservatives are basically the chemicals that are applied to the wood surface so as to prevent or retard the decay of wood, especially by fungi or insects. The demand for these chemicals is majorly driven by the increasing demand for wooden furniture across residential and commercial sector. Also, treated wood is commonly used to build telephone poles, road signs, play structures, and raised garden beds. Rapid urbanization across the globe is significantly contributing towards growing demand for wooden-based products since these are versatile, cost-efficient, and are easy to construct. This in turn is propelling the wood preservative chemicals market growth across regions. With infrastructure activities rising in especially emerging economies, the demand for wood-based products is set to grow that in turn is going to augment the wood preservative market growth in the upcoming years.

DRIVERS

Burgeoning demand for wooden-based products

Rising infrastructure investment in emerging countries

RESTRAINTS

Ban on highly toxic wood preservatives

INDUSTRY UPDATE

In March 2011, Lanxess acquired Syngenta’s material protection business in order to gain access to a broad range of fungicidal and insecticidal active ingredients for wood preservation.  

The major players profiled in the wood preservative chemicals market include Rio Tinto, Copper Care Wood Preservatives, Inc., BASF SE, KMG Chemicals, Kurt Obermeier GmbH & Co. KG, LANXESS, Lonza, Wykamol Group Ltd., Koppers Inc., Archer Daniels Midland Company, and Viance, LLC.   

Segmentation

The wood preservative chemicals market has been analyzed through the following segments:

By Type

Chromate Copper Arsenate (CCA)

Water-based

Alkaline Copper Quaternary Compounds (ACQ)

Copper azole (CuAz)

Ammoniacal copper zinc arsenate (ACZA)

Copper Citrate

Oil-based

Cresote

Pentachlorophenols

 

By Application

Industrial

Commercial

Residential

By Geography

North America

USA

Canada

Mexico

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

India

Others

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