Wood Preservative Chemicals Market - Forecasts from 2018 to 2023
The wood preservative chemicals market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Wood and wood based products are widely used in indoor and outdoor applications owing to their versatility, cost effectiveness, ease and efficiency of construction and sustainability. Wood preservatives are the chemicals that are used to increase the durability and resistance of wood, timber, wood structures or engineered woods by protecting them from the attack of insects and fungus. Rapid urbanization and industrialization is leading to a number of infrastructure activities across the globe which is positively influencing the wood preservative market growth. According to G-20 Global Infrastructure Outlook, the infrastructural investment in developing countries like China is approximately 6.45% of the GDP. Thus, the market is expected to grow at a steady rate owing to the increased focus of countries on the infrastructure development.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the technical textile value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the wood preservative chemicals market.
Major industry players profiled as part of the report are AMERICAN BORATE COMPANY, Copper Care Wood Preservatives, Inc., KMG Chemicals, Kurt Obermeier GmbH & Co. KG, LANXESS, Lonza, and Wykamol Group Ltd.
The wood preservative chemicals market has been analyzed through following segments:
Middle East and Africa
Key insights offered
What will be the wood preservative chemicals market size from 2018 to 2023?
How are the major drivers and restraints affecting the wood preservative chemicals market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
AMERICAN BORATE COMPANY
Copper Care Wood Preservatives, Inc.
Kurt Obermeier GmbH & Co. KG
Wykamol Group Ltd.
*List is not exhaustive