Wood Preservative Market is expected to reach US$ 3.77 Bn. by 2029, at a CAGR of 5.20% during the forecast period.Global Wood Preservative Market Overview
Wood preservatives prolong the life of the wood by preserving the wood against deterioration, fungus, rot, and wood-boring insects. Various compounds, such as copper-based chemicals, borates, and creosote oils, are among them. Depending on the climate the treated wood is utilized, different wood preservatives are employed in diverse applications. The fastest-growing segments of the construction industry are residential and non-residential, which are driving the demand for decking, landscaping, lumber framing, fire prevention, and wood treatment. The non-building construction industry is expected to drive growth for applications such as decking, utility poles, and marine piling, resulting in more employment.To know about the Research Methodology :- Request Free Sample Report The growing need for wood in various applications, as well as improved knowledge of the benefits of wood preservatives, has resulted in rising demand for wood preservatives. In addition, there is an increasing demand for interior design in which wood is the most essential raw material for structure and presentation in the interior space. Modern interior design in many forms, such as wall body, wooden mural, wood carving, wood trim, skirting line, baluster, wood floor, armrest, and ceiling, is becoming increasingly popular. Other factors that contribute to market growth include technological advancements and increased acceptance of environmentally friendly preservatives. Alternative materials that are very durable and need less maintenance, such as wood-plastic composites, steel, iron, and plastics, are seen as a key limiting factor for this market. Such alternatives minimize the usage of wood in many end-use sectors while also limiting the market growth for wood preservatives.
Wood Preservative Market Segmentation Analysis
By Formulation, in 2022, the water-based segment accounted for 75% of the market for wood preservatives.Water-based preservatives are extensively used in both residential and commercial settings due to their great performance and long processing life. Because it outperforms other environmental formulations, it is suitable for applications such as decking, fence, and landscaping. Similarly, copper wood preservatives are becoming more popular, given the majority of copper is water-based. As a result, the market is anticipated to increase throughout the forecast period. By End-user, in 2022, the residential application segment accounted for the largest share of the global wood preservative market, with a CAGR of 4.9 percent. This is due to the rising demand for wood in the flooring and wooden furniture infrastructure markets. Furthermore, its extensive utilization in the building sector has been due to the rising appeal of wood as a renewable, sustainable construction material with the lowest carbon impact. This is another driving element in market growth.Competitive Landscape Major manufacturers use a variety of techniques, including new product launches, mergers and acquisitions, and foraying into new markets to grow their footprints. As an example, the copper naphthenate wood preservative market will be expanded by Koppers in February 2021. This will aid the company's development into the wood preservation industry. In addition, the firm focuses on developing copper production skills in-house. Lanxess purchased Itibanyl Produtos Especiais Ltda. (IPEL) (Brazil), a biocide producer, in December 2021. This will help LANXESS grow its chemical portfolio and material protection products business unit, which will include wood protection globally. TroyCare LSB Natural Preservatives were launched in January 2019 and offer better broad-spectrum efficacy to existing natural preservatives, as well as a performance at lower use levels for very low cost-in-use.
Wood Preservative Market Regional Analysis
In 2022, North America had the largest share of the wood preservatives market, accounting for 35 %. The market in the area is growing due to factors such as technical advancements, industry players, and the rising use of wood in the residential and industrial sectors. The region's expanding construction industry, bolstered by significant investments in infrastructure, is creating new opportunities for wood preservatives manufacturers. Asia-Pacific is predicted to increase at the fastest rate during the forecast period. Rising living standards, more commercial housing, and increased industrial building in growing countries like China and India are all contributing to this region's growth. Also, improving living standards and increased investment in premium furnishings are projected to fuel market development in the area, particularly among the middle-class population. The objective of the report is to present a comprehensive analysis of the Global Wood Preservative Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wood Preservative Market dynamics, structure by analyzing the market segments and project the Global Wood Preservative Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Wood Preservative Market make the report investor’s guide.Wood Preservative Market Scope: Inquire before buying
Global Wood Preservative Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 2.64 Bn. Forecast Period 2023 to 2029 CAGR: 5.20% Market Size in 2029: US$ 3.77 Bn. Segments Covered: by Formulation Water-Based Wood Preservatives Solvent-Based Wood Preservatives Oil-Based Wood Preservatives by End-user Residential Commercial Industrial Wood Preservative Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Wood Preservative Market Key Player
1.Koppers (US) 2.Lonza (Switzerland) 3.Lanxess (Germany) 4.Cabot Microelectronics (US) 5.BASF Wolman (Germany) 6.Troy (US) 7.Dolphin Bay 8.Janssen Pharmaceutica NV 9.Jubilant Agri and Consumer Products Limited 10.KMG Chemicals 11.Koppers Inc 12.Kurt Obermeier GmbH & Co. KG 13.Lada Organics Pvt. Ltd 14.Quality Borate Company 15.Dattashri Enterprises Frequently Asked Questions: 1. Which region has the largest share in Global Wood Preservative Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Wood Preservative Market? Ans: The Global Wood Preservative Market is growing at a CAGR of 5.20% during forecasting period 2023-2029. 3. What is scope of the Global Wood Preservative market report? Ans: Global Wood Preservative Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Wood Preservative market? Ans: The important key players in the Global Wood Preservative Market are – Koppers (US), Lonza (Switzerland), Lanxess (Germany), Cabot Microelectronics (US), BASF Wolman (Germany), Troy (US), Dolphin Bay, Janssen Pharmaceutica NV, Jubilant Agri and Consumer Products Limited, KMG Chemicals, Koppers Inc, Kurt Obermeier GmbH & Co. KG, Lada Organics Pvt. Ltd, Quality Borate Company, and Dattashri Enterprises 5. What is the study period of this market? Ans: The Global Wood Preservative Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wood Preservatives Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Wood Preservatives Market 3.4. Geographical Snapshot of the Wood Preservatives Market, By Manufacturer share 4. Global Wood Preservatives Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Wood Preservatives Market 5. Supply Side and Demand Side Indicators 6. Global Wood Preservatives Market Analysis and Forecast, 2022-2029 6.1. Global Wood Preservatives Market Size & Y-o-Y Growth Analysis. 7. Global Wood Preservatives Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Formulation, 2022-2029 7.1.1. Water-Based Wood Preservatives 7.1.2. Solvent-Based Wood Preservatives 7.1.3. Oil-Based Wood Preservatives 7.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 7.2.1. Residential 7.2.2. Commercial 7.2.3. Industrial 8. Global Wood Preservatives Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Wood Preservatives Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 9.1.1. Water-Based Wood Preservatives 9.1.2. Solvent-Based Wood Preservatives 9.1.3. Oil-Based Wood Preservatives 9.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 9.2.1. Residential 9.2.2. Commercial 9.2.3. Industrial 10. North America Wood Preservatives Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Wood Preservatives Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 12. Canada Wood Preservatives Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 13. Mexico Wood Preservatives Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 14. Europe Wood Preservatives Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 15. Europe Wood Preservatives Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Wood Preservatives Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 17. France Wood Preservatives Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 18. Germany Wood Preservatives Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 19. Italy Wood Preservatives Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 20. Spain Wood Preservatives Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 21. Sweden Wood Preservatives Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 22. CIS Countries Wood Preservatives Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 23. Rest of Europe Wood Preservatives Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 24. Asia Pacific Wood Preservatives Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 25. Asia Pacific Wood Preservatives Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Wood Preservatives Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 27. India Wood Preservatives Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 28. Japan Wood Preservatives Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 29. South Korea Wood Preservatives Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 30. Australia Wood Preservatives Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 31. ASEAN Wood Preservatives Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 32. Rest of Asia Pacific Wood Preservatives Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 33. Middle East Africa Wood Preservatives Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 34. Middle East Africa Wood Preservatives Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Wood Preservatives Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 36. GCC Countries Wood Preservatives Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 37. Egypt Wood Preservatives Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 38. Nigeria Wood Preservatives Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 39. Rest of ME&A Wood Preservatives Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 40. South America Wood Preservatives Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 41. South America Wood Preservatives Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Wood Preservatives Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 43. Argentina Wood Preservatives Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 44. Rest of South America Wood Preservatives Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Formulation , 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Wood PreservativesMarket 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Troy (US) 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Koppers (US) 45.5. Lonza (Switzerland) 45.6. Lanxess (Germany) 45.7. Cabot Microelectronics (US) 45.8. BASF Wolman (Germany) 45.9. Troy (US) 45.10. Dolphin Bay 45.11. Janssen Pharmaceutica NV 45.12. Jubilant Agri and Consumer Products Limited 45.13. KMG Chemicals 45.14. Koppers Inc 45.15. Kurt Obermeier GmbH & Co. KG 45.16. Lada Organics Pvt. Ltd 45.17. Quality Borate Company 45.18. Dattashri Enterprises Primary Key Insights