Press release
Global Industry Insight: Wood Preservation Chemicals Market Size, Share, Development, Growth and Demand Forecast to 2022
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Construction industry has been growing significantly over the globe, and acts as one of the important factors for driving the growth of the wood preservation chemicals market during the recent couple of years. In addition, the U.S. construction market has further supported the wood preservation chemicals market. The pattern is anticipated to continue during the forecast period, and is led by continued growth of the worldwide construction industry joined with the recovery of the construction business in the U.S. Wood is broadly utilized as a part of the construction of wood foundations, railroad crossties, walkways, shelters, bridges, sound walls, and others. The significant growth in the furniture business is another important growth driver for the wood preservation chemicals market. The demand for premium wood furniture is surging, owing to increase in disposable income across the globe. Premium wood furniture can be treated with different wood protection chemicals to protect it for longer duration. This is evaluated to further increase the business sector during the forecast period. Asia-Pacific is anticipated to be the epicenter of blast in the development business, with nations, such as, China, India, and Indonesia putting investment into the construction market. The growth in the construction business is expected to fuel the growth of the global wood preservation chemicals market.
Some of the major competitors in the global wood preservation chemicals market include KMG Chemicals, Kop-Coat Inc., RÜTGERS Group, Koppers Holdings Inc., Janssen Preservation & Material Protection, Viance LLC, LANXESS AG, Rio Tinto Minerals, Lonza Group Ltd., and BASF Wolman GmbH.
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Global Wood Preservation Chemicals Market Segmentation
By Product Type
Oil-borne preservatives
Light organic solvent preservatives
Water-borne preservatives
Others
By End-Use Industry
Construction
Marine
Furniture and Decking
Others
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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