Global Wood Preservatives Market, by Formulation, Application, and Geography

Wood preservatives are the chemicals that aid in extending the life of wood, engineered wood, and wood structures by protecting them from fungal rot or decay, molds, insects, and sapstain. Wood preservatives are used in residential as well as industrial applications. For instance, due to easy maintenance benefits of wood preservatives, it is extensively used in hardwood floorings.

Market Dynamics

Increasing use of wood and wood products due to high demand for wooden architecture and furniture and rising concerns regarding use of toxic preservatives, in turn is driving demand for eco-friendly wood preservatives. Moreover, increase in the standard of living of people backed by use of premium wood decorative is further anticipated to enhance the global wood preservatives market. 

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North America held a dominant position in the global wood preservatives market in 2016, owing to rise in industrial application of wood preservatives for utility poles, railway ties and various other applications. Moreover, growth in constructional and industrial sectors has further augmented growth of the wood preservatives market in North America.

Asia Pacific is projected to be the fastest growing region in the global wood preservatives market over the forecast period, owing to rise in construction activities. For instance, in 2016, the Chinese government had planned to invest US$ 720 billion on infrastructure projects. This further fuels residential application of wood preservatives thereby, propelling growth of the wood preservatives market in the region. Moreover, rise in disposable income of the middle class people, allows them to purchase luxury products such as wooden furniture and wooden artifacts has a positive impact on the wood preservatives market in the region.

Key features of the study:

• This report provides in-depth analysis of the Wood Preservatives market, market size (US$ Bn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025)
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, wood products, regional outlook, and competitive strategy adopted by the leading players.
• It profiles leading players in the global wood preservatives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
• The global wood preservatives market report caters to various stakeholders in this industry, including investors, product developers, distributors, wood preservatives chemical companies, research institutes, new entrants, and financial analysts
• Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the wood preservatives market

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