According to a new market research report published by Credence Research, Inc. “Wood Preservative Chemicals Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” wood Preservative chemicals market was valued at US$ 1.65 Bn in 2016, and is expected to reach around US$ 2.53 Bn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
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Market Insights
Wood preservative chemical are used to increase life span of woods by controlling insects, bacteria and fungus from decaying. Wooden furniture have a significant share in the furniture industry, which led to the demand for wood preservative. Wood preservative chemical market is growing due to the strict rules that limits wood usage. Wood is protected by using chemicals and numerous treatment methods that extend their working life and reduces the maintenance cost. Durable wooden furniture industry growth is likely to have an optimistic influence on the wood preservative chemical market in the forecast period. Wood preservative chemicals plays a major role in the construction process of buildings. The increase in construction spending will indirectly increase the demand for wood, which will, due to which demand for wood preservatives will also increase. Growing disposable income and rapidly developing economies, mainly in the developing regions are the major factor led to the growth of the market in the forecast period. Wood preservative chemical is used in decking, public infrastructure, railroad products, fencing, construction, furniture & flooring, sports equipment, art & decoration, and music instruments. Swift industrialization is expected to enhance the demand for wood preservative chemical market.
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The water-borne preservative segment was the largest segment of the global wood preservative chemical market in 2016. Water-base preservatives accounted for more than 65% share of the global wood preservation chemicals market in 2016. These preservative are commonly used in all applications and offer better performance for residential and commercial applications. The demand for treated wood is driven by the increasing disposable income of the population in the emerging regions.
North America is the largest market for the wood preservative chemical market due to technological developments and strategic initiatives undertaken by the industry members. North America is projected to continue with its leading position during the forecast period. Asia Pacific and Latin America are projected to spectate vigorous demand for wood preservative chemicals in the near future, due to rise in construction activity and indulgent regulatory framework associated to usage of wood.
Some of the major companies operating in the market include BASF SE, Janssen Preservative and Material Protection, KMG Chemicals Inc, Kop-Coat Incorporated, Kurt Obermeier GmbH & Co. KG, Lapeyre SA, Osmose Inc., Lonza Group Ltd., Rio Tinto Borax, RUTGERS Organic and Viance LLC., Osmose Inc.
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Table of Content
Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Top Down & Bottom Up Approach
1.3.5 Assumptions
1.4 Market Segmentation
Chapter 2. Executive Summary
2.1 Market Snapshot: Wood Preservative Chemicals
2.2 Global Wood Preservative Chemicals Market, by Products Type, 2016 (US$ Mn)
2.3 Global Wood Preservative Chemicals Market, by End Use, 2016 (US$ Mn)
2.4 Global Wood Preservative Chemicals Market, by Geography, 2016 (US$ Mn)
2.5 Global Wood Preservative Chemicals Market: Premium Insight
2.5.1 Attractive Market Opportunities in Wood Preservative Chemicals Market
2.5.2 Global Wood Preservative Chemicals Market: Developed vs. Emerging Markets
2.5.3 Global Wood Preservative Chemicals Market: By End User
2.5.4 Global Wood Preservative Chemicals Market: North America Market Analysis
2.5.5 Global Wood Preservative Chemicals Market: Regional Life Cycle Analysis
Chapter 3. Global Wood Preservative Chemicals Market Overview
3.1 Dynamics
3.2 Market Drivers
3.2.1 Increasing Construction Activities
3.2.2 For a full, detailed list, view our report
3.3 Challenges
3.3.1 Stringent Regulations on Usage of Toxic Chemicals
3.3.2 For a full, detailed list, view our report
3.4 Future Prospects
3.4.1 Eco-Friendly Wood Preservative Chemicals
3.4.2 For a full, detailed list, view our report
3.5 Attractive Investment Proposition, by Geography
3.6 Porters Five Force Analysis
3.6.1 Supplier power
3.6.2 Buyer power
3.6.3 Threat of substitutes
3.6.4 Threat of new entrants
3.6.5 Industry rivalry
Chapter 4. Global Wood Preservative Chemicals Market, by Product Type, 2015-2025 (US$ Mn)
4.1 Overview
4.1.1 Market Share Analysis by Product Type, 2016 vs 2025 (Value %)
4.1.2 Attractive Investment Proposition by Product Type
4.2 Oil-Borne Preservatives
4.3 Light Organic Solvent Preservatives
4.4 Water-Borne Preservatives
4.5 Others
Chapter 5. Wood Preservative Chemicals Market, by End Use, 2015 – 2025 (US$ Mn)
5.1. Overview
5.1.1 Market Share Analysis by End User, 2016 vs 2025 (Value %)
5.1.2 Attractive Investment Proposition by End User
5.2. Construction
5.3. Marine
5.4. Furniture & Decking
5.5. Others
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