Wood is essential in building material. Wood Preservative chemicals safeguard the longer life of wood by keeping it safe from the attack of any insects, fungus or bacteria. Wood preservative chemical are used to control wood degradation due to fungal decay, molds, sap stain, or wood extinguishing insects. There are various types of preservatives of which most common varieties is oil-borne preservatives include creosote and pentachlorophenol. Creosote have been used for the treatment of outdoor wood structures to prevent decay such as railroad ties and bridgework. Water-borne preservatives are the cheapest preservative due to the presence of water it often lead to swelling and distorting of the wood to be treated particularly porous. Major factor driving grow of global wood Preservative chemical market is high growth in residential construction activity, led to the utilization of wood preservatives in various application, such as decking, siding, and furniture. Increasing utilization of non-wood materials in various applications is expected to hamper the growth of this market in near future. For instance, preservatives will be limited in siding, where the demand of wood is expected to reduce and faces huge competition from the substitutes. North America is projected to have the highest market share globally followed by Europe in near future. Asia Pacific is emerging as fastest growing region over the forecast period. Growth of Asia Pacific region is encouraged by various activities such as increasing urbanization, growing infrastructural activities.
The report titled “Wood Preservative Chemicals Market - Growth, Future Prospects and Competitive Analysis, 2021– 2029” offers strategic insights into the wood preservative chemicals market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on product type, end use, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2020 & 2029. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall wood Preservative chemicals market.
In order to help the strategic decision makers, the report also includes profiles of the leading wood preservative chemicals manufacturers, their business strategies and key developments. Some of the major players profiled in the report are 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. The section further includes a brief on key strategies adopted by the major players operating in the market.
Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the wood preservative chemicals market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.
Water-borne preservative segment has the largest market share, and is expected to remain the largest market in the forecast period. Water-borne preservative are used in domestic buildings, impregnation of mine props, cooling towers, food containers. Wood used for domestic purposes is preserved with water-borne chemicals by using organic solvent preservatives. Wood treated with both creosote and water-borne preservatives is used in transmission poles, in warehouses, industrial and agricultural buildings. Oil-borne preservatives comprises of active chemicals, an insect repellent or a fungicide, dissolved in an organic solvent, for instance a petroleum distillate. These chemicals gives enduring safety to the wood, owing to their natural insolvability in water. Creosote treated wood is not generally used in domestic buildings due to its unpleasant odor. Creosote are multifarious mixture of chemicals obtained from the distillation of coal tar.
Furniture & decking had the major share in end-user segment of the global wood preservative chemicals market in 2020. Increasing population, improving lifestyle of people and increase in disposable income are the major driving factors for the growing demand of furniture & decking, which leads to increase in demand for wood preservatives chemicals. Construction segment is another lucrative segment projected to grow with the highest CAGR in the forecast period, mainly in the developing economies. Construction of residential buildings, educational institutes and healthcare centers driving the demand for wood which eventually will drive the demand for wood preservative chemicals. Growing demand for wood in interior decoration for appealing look in residential constructions is also expected to fuel the demand for wood preservatives in domestic market.
North American market is the largest market for wood preservation chemicals, followed by Europe. Asia Pacific is an emerging region and is likely to grow with a highest CAGR during the forecast period, due to the growing demand from emerging economics and increasing disposable income of people. Consumers tends to spend on the lubricious home décor which will increase the demand for wood and wood preservatives. For infrastructural development governments of Asia Pacific countries are increasing the public sector investment. With the increase in infrastructure investment, the demand for wood will also increase, therefore the demand of wood preservative chemicals will also grow.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Wood Preservative Chemicals market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
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End Use
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
