Global Wood Preservative Market at A Highest CAGR of 6.2 % to rapidly growing $

Posted by ganesha on February 6th, 2020

This Wood Preservative Market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. This market research report is very crucial in several ways for business growth and to thrive in the market. Competitive analysis is the major feature of any market research report, and hence Wood Preservative Market report covers many points including strategic profiling of key players in the market, analyse core competencies of key players, and draw a competitive landscape for the Chemical and Materials industry. This market report gives an edge to compete and to outdo the competition.

The Global Wood Preservative Market is expected to reach USD 2.78 billion by 2025, from USD 3.8 billion in 2017 growing at a CAGR of 6.2 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Definition: Global Wood Preservative Market

 Wood preservative is a coating for timber treatment to protect against insects, weather, decay and others. It is also defined as pressure treatment in which the wood is placed into an airtight steel cylinder. Wood preservation is to ensure a long life of wood fall by the use of pesticides. It can prevent wood from rotting as quickly and that woods are used in road signs, build telephone poles, play structures, marine pilings, decks, raised garden beds and others. The wood preservative treatment have various advantage such as it can be pre-conditioned in the treatment chamber , has uniform penetration and better control over retention.It is faster and more reliable process and can be easily controlled and regulated. It is used in different application such as fencing, structural & decking, landscaping, industrial, railroad and others.

In 2017 BASF SE launched new light stabilizers named TinuvinDW (N) and Tinuvin249 for wood and metal coatings.. It helps to increase increasing demand for high-performance light stabilizers to formulate durable coatings for exterior use.

In 2016 Tanalised launched “E Wood Treatment Plant” which helps in to increase the environmentally compliant wood treatment market.

Market Drivers:

• Demand for wood preservatives is increasing owing to shifting preference of consumers towards using eco-friendly wood preservatives
• Changing lifestyle and increasing purchasing power is leading to increased spending on wood-based decoration in homes and workplaces.
• Rapid urbanization and increasing disposable income in emerging countries
• Demand for eco-friendly wood preservative chemicals

Market Restraint:

• Limited availability of wood
• Stringent government regulations on the usage of synthetic wood preservatives.
• Increasing Restrictions on the use of hazardous chemicals such as chromium and arsenic

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Segmentation: Global Wood Preservative Market

By Formulation

• Water-Based Wood Preservative Polyurethane
• Solvent-Based Wood Preservative
• Oil-Based Wood Preservative

By Application

• Residential and Commercial
• Industrial

Competitive Landscape: Global Wood Preservative Market

The global Wood Preservative Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wood preservative market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Wood Preservative Market

The key players operating in the global wood preservative market are –

• Koppers Inc
• BASF SE
• Lonza.
• Troy Corporation
• LANXESS
• KMG Corporate

The other players in the market are RUTGERS, Bostik, QUALITY BORATE COMPANY., Janssen Global Services, LLC., Borax., Kurt Obermeier GmbH & Co.KG, Atlantis The Palm , Dattashri Enterprises, Lada Organics Pvt. Ltd.,  Jubilant, Buckman Laboratories International, Inc., Parikh Enterprises Pvt. Ltd., Advanced Agriresearch Limited, Nisus Corporation and many more.

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