Dublin, 02 December 2021– (work wire)–The “Global Wood Preservatives Market Report 2021: Growth and Change of COVID-19” Report added to ResearchAndMarkets.com an offer.
The global market for wood preservatives is expected to grow from $1.28 billion in 2020 to $1.39 billion in 2021, at a compound annual growth rate (CAGR) of 8.8%. The market is expected to reach $1.78 billion in 2025 with a compound annual growth rate of 6.5%.
This growth is mainly due to the increasing demand for wood in various applications, increasing demand for environmentally friendly wood preservative chemicals, rapid urbanization, growing construction industry supported by huge investments in infrastructure development, and increasing awareness among consumers about wood preservatives.
The wood preservatives market consists of the sale of wood preservatives by entities (institutions, sole traders and partnerships) that manufacture wood preservatives used to protect wood. Wood preservatives are chemicals that can control problems with wood deterioration due to rot or decay of fungi, wood stain, mold, or wood destroying insects. It is primarily used to increase the durability and resistance of wood, timber, structural or engineered wood.
The main types of formulations on the wood preservative market are water-based, solvent-based and oil-based. Hydrophilic preservatives are widely used in fence posts, lumber, plywood, poles, poles, and lumber that prevent fungal decay and insect attacks. Solvent-based preservatives consist of about 10% of the active ingredients and 90% of organic solvents, which are usually white spirit or other petroleum-based hydrocarbons.
Oil-based or oil-based preservatives are generally insoluble in water, so they are dissolved in petroleum or other organic solvents to penetrate the wood. They are used by various sectors including residential, commercial and industrial. Wood preservatives are used in cabinets, countertops, doors and windows, wood floors, railroad ties, and more.
North America was the largest region in the wood preservatives market in 2020. This region is expected to remain the fastest growing region in the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
The major players operating in the wood preservatives market are constantly investing in research and development activities to manufacture environmentally friendly wood preservatives, which is a major trend in the wood preservatives market. Subject to environmental rules and regulations, manufacturers of wood preservatives are developing natural or eco-friendly wood preservatives that are less harmful to the environment.
Increasing demand for wood in various applications is expected to drive the growth of the market for wood preservatives during the forecast period. Due to the increase in population and industrialization, the demand for wood products is increasing all over the world. Wood is a rich source of energy, housing, firewood, timber and fodder, so the demand for wood is improving from various applications such as construction, pulp and paper, furniture, among others.
Thus, the increasing demand for wood in various applications increases the demand for wood preservatives, thus driving the market.
The major players in the wood preservatives market are:
Kurt Obermeier GmbH & Co. KG
Remmers Group AG
KMG Chemicals Inc.
Janssen Global Services LLC.
Cooper Care Wood Preservatives Inc.
Advanced Agriresearch Limited
Quality Borat LLC.
Buckman Laboratories International Corporation.
Main topics covered:
1. Executive Summary
2. Market characteristics of wood preservatives
3. Wood preservatives market trends and strategies
4. Impact of COVID-19 on wood preservatives
5. Wood preservatives market size and growth
5.1 Global market for wood preservatives, 2015-2020, $ billion
5.1.1. market drivers
5.1.2. market restrictions
5.2 Global Wood Preservatives Market Forecast, 2020-2025F, 2030F, Billion Dollars
5.2.1. market drivers
5.2.2. market restrictions
6. Wood preservatives market segmentation
6.1 Global Wood Preservatives Market Segmentation by Formula, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion
6.2 Global Wood Preservatives Market, Segmentation by End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
6.3 Global Wood Preservatives Market Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Cabinets and floors
doors and windows
7. Regional and Country Analysis of the Wood Preservatives Market
7.1 Global Wood Preservatives Market, Segmented by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion
7.2 Global Wood Preservatives Market, By Country, Historic And Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/v08ace
View the source version on businesswire.com: https://www.businesswire.com/news/home/20211202005544/ar/
Laura Wood, Senior Director of Press
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