The global wood preservatives market is expected to reach value of USD 1,899.8 Million by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing need to control wood degradation issues caused by decay or fungal rot, molds, sap stain, and wood-destroying insects. Growth of the construction industry led by the rising expenditure on construction activities in developing economies is projected to drive the demand for wood preservatives during the forecast period. The rising necessity to increase service life of wood and to reduce the need for frequent replacements of wood, causing addition to deforestation, has led to the rising adoption of wood preservatives. The countries with hot and humid tropical climate witness rapid wood decomposition, resulting in increased usage of wood preservatives. Moreover, the rising need for forest conservation has driven the utilization of wood preservation to reduce the demand for replacement of wood. Growth in population in developing countries has increased the demand for timber, which is expected to drive the wood preservatives market during the forecast period. The growing trend of using bio-based wood preservatives to reduce the environmental degradation caused by chemicals in wood preservatives is projected to offer lucrative opportunities for manufacturers of wood preservatives during the forecast period.
The latest research on the Wood Preservatives market applies both qualitative and quantitative data analysis to present an overview of the future adjacencies around the Wood Preservatives industry for the forecast period. The all-encompassing study pertaining to the market share, growth and size equip stakeholders, business owners, and field marketing personnel to obtain a unique knowledge about the current business environment to offer a competitive advantage over the giants. Deep dive into past, present, and future industry trends include in the market intelligence report reveals a lot about the strategic capabilities business owners can leverage to gain a strong foothold in the business world.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Wood Preservatives market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Lanxess, Lonza, Koppers, Troy Corporation, BASF Wolman GmbH, Remmers Gruppe AG, Kurt Obermeier GmbH & Co., Copper Care Wood Preservatives, Inc., KMG Chemicals, Buckman Laboratories International, Inc.
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Wood Preservatives market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Application Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017–2027)
- Commercial
- Residential
- Industrial
-
Formulation Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017–2027)
- Solvent-based Wood Preservatives
- Water-based Wood Preservatives
- Oil-based Wood Preservatives
-
Regional Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017–2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
- North America
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Wood Preservatives Market report:
- The latest report comprehensively studies the global Wood Preservatives market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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