Wood Preservative Chemicals Strategic Research Report 2023-2030: Nanotechnology Gains Significance, Wood Composites to Drive Demand, High Demand for Wooden Furniture Sustains Demand


Dublin, Sept. 09, 2024 (GLOBE NEWSWIRE) -- The "Wood Preservative Chemicals - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Wood Preservative Chemicals is estimated at US$1.9 Billion in 2023 and is projected to reach US$2.7 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.



The growth in the wood preservative chemicals market is driven by several factors, including advancements in technology, evolving end-user requirements, and changes in consumer behavior. The increasing popularity of outdoor living spaces and green buildings has spurred demand for durable and environmentally friendly treated wood. Technological advancements that offer improved efficacy and lower environmental impact are particularly influential, as they align with stricter environmental regulations and the building industry's sustainability targets.

Additionally, economic growth in developing countries is expanding the construction sector, which directly increases the need for wood preservation. The expansion of e-commerce has also made specialty wood treatments more accessible to a broader audience, further propelling market growth. These drivers highlight the interconnected nature of technological, economic, and consumer behavioral trends in shaping the wood preservative chemicals industry.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Water-based Formulations segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 5.5%. The Other Formulations segment is also set to grow at 3.9% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $522.0 Million in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $434.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as BASF SE, Akzo Nobel NV, Lanxess AG, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Attributes:

Report AttributeDetails
No. of Pages437
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$1.9 Billion
Forecasted Market Value (USD) by 2030$2.7 Billion
Compound Annual Growth Rate5.1%
Regions CoveredGlobal



Key Topics Covered:

MARKET OVERVIEW

  • Wood Preservative Chemicals: An Introduction
  • Types of Wood Preservative Chemicals
  • Select End-Use Applications
  • Wood Preservative Chemicals - Global Key Competitors Percentage Market Share in 2024 (E)
  • Rising Use of Wood and Wood-based Products Spurs Demand for Wood Preservative Chemicals
  • Developed Nations Lead, Developing Regions to Drive Future Growth
  • Waterborne Formulations: The Preferred Type of Wood Preservative Chemical
  • Sustained Demand for Myriad End-Use Applications Supports Market Growth
  • Competition
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

  • Rising Concerns over Toxicity Push Global Demand for Eco-Friendly Wood Preservative Chemicals
  • Nanotechnology Gains Significance in Wood Preservation and Protection
  • High Demand for Wooden Furniture Sustains Demand for Preservative Chemicals
  • Expanding Wood Flooring Market Spells Growth for Wood Preservatives
  • Wooden Railroad Crossties Drive the Need for Wood Preservatives
  • Wood Composites to Drive Demand
  • FRT Wood Benefits from Rise in Mid-Rise Constructions
  • Quest for Viable Alternatives Continues
  • Emergence of Boron-Based Systems
  • Micronized Copper Wood Treatments
  • Biocides: Steady Demand from Wood Preservatives Market
  • Renovation & Remodeling Open Opportunities for Wood Preservative Chemicals
  • Demand for Interior Wood Applications to Outshine Exterior Applications
  • Rapid Urbanization and Ensuing Demand for Wood & Wood Products Drive Prospects for Wood Preservative Chemicals Market
  • Burgeoning Middle Class Population Worldwide Spurs Market Growth
  • Environmental & Regulatory Issues
  • EPA Prohibits Domestic Use of ACC-Treated Wood
  • Pressure Treated Wood - Key Concerns
  • Impact of CCA on the Environment
  • Environmental Concerns Over ACZA Treated Wood
  • Use of Creosote and Risks Associated

FOCUS ON SELECT PLAYERS(Total 62 Featured)

  • BASF SE
  • Akzo Nobel NV
  • Lanxess AG
  • Lonza Group Ltd.
  • Archer Daniels Midland Company
  • Jubilant Life Sciences Ltd.
  • Sika AG
  • Buckman Laboratories International, Inc.
  • Koppers, Inc.
  • Recochem, Inc.
  • Merichem Company
  • Bartoline Ltd.
  • KMG Chemicals, Inc.
  • Palace Chemicals Ltd.
  • Jubilant Agri and Consumer Products Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/sqcs33

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Attachment

 
Global Wood Preservative Chemicals Market

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