The global wood preservatives market is expected to be valued at SD 1,899.8 Million in 2027 from USD 1,313.2 Million in 2019, registering a CAGR of 5.0% through the forecast period. This report on the global Wood Preservatives market gives a thorough study that is primarily focused on top players and their business stratagem, geographical extent, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is explicitly prepared to explore crucial fragments of the global Wood Preservatives market. For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Wood Preservatives market. With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Wood Preservatives market. The study also entails SWOT, PESTLE, and Porter’s Five Forces analyses of the global Wood Preservatives market.
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Key Highlights of the Report:
As per the application outlook, the industrial sub-segment accounted for the highest market revenue in 2019 and is poised to dominate the global wood preservatives market over the forecast period. The demand for environment-friendly wood preservatives across industries has risen significantly in recent years, with the growing awareness about conventional wood preservation chemicals’ environmental hazards.
Based on formulation, the water-based wood preservatives sub-segment leads the global wood preservatives market in terms of market share. The segment is projected to expand at the highest CAGR of 5.4% over the estimated period. The sustainable properties of water-based wood preservatives, such as leech resistance and anti-microbial properties, have propelled their market demand, thereby stimulating this segment’s growth.
Among the key regional segments, North America has emerged as the largest regional market for wood preservatives. A boom in the region’s residential and commercial sectors, increasing construction projects, hefty investments in infrastructural development, and the introduction of advanced wood preservatives have propelled the market growth.
The leading industry participants include BASF Wolman GmbH, Koppers, Lanxess, Troy Corporation, Copper Care Wood Preservatives, Inc., Kurt Obermeier GmbH & Co., Remmers Gruppe AG, KMG Chemicals, Lonza, and Buckman Laboratories International, Inc.
In February 2020, Koppers Holdings Inc., a leading wood treatment chemicals provider, announced its plans to tap into the copper naphthenate wood preservatives industry. The company’s move is aimed at strengthening its position in the market over the upcoming years.
Emergen Research has segmented the global wood preservatives market in terms of application, formulation, and region:
Wood Preservatives Market Application (Revenue, USD Million; 2017–2027)
- Industrial
- Commercial
- Residential
Wood Preservatives Market Formulation (Revenue, USD Million; 2017–2027)
- Solvent-based Wood Preservatives
- Oil-based Wood Preservatives
- Water-based Wood Preservatives
Wood Preservatives Market Region (Revenue, USD Million; 2017–2027)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Table of Content
Chapter 1. Methodology & Sources
1.1. Wood Preservatives Market Definition
1.2. Wood Preservatives Market Research Scope
1.3. Wood Preservatives Market Methodology
1.4. Wood Preservatives Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Wood Preservatives Market Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Wood Preservatives Market Segmentation & Impact Analysis
Chapter 5. Wood Preservatives Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Wood Preservatives Market By Formulation Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Wood Preservatives Market Regional Outlook
Chapter 9. Company Profiles
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