Wood Preservative chemicals Industry
Description
Global Wood Preservative Chemicals market is expected to grow from $1.58 billion in 2016 to reach $2.57 billion by 2023 with a CAGR of 7.2%. Increasing usage of wood for interior decoration, rapid urbanization in emerging countries, and raising consumer spending levels are some of the major factors propelling the market growth. In addition, technological advancements in wood preservative chemicals, growing adoption of eco friendly preservative chemicals are some of the other factors boosting the market growth. On the other hand, stringent regulations on usage of toxic chemicals, limited availability of wood are some of the restraints hindering the market growth.
Water based preservatives are mostly used in commercial, residential applications. It is suitable for across all applications. This preservative provides better environmental friendly properties compared to other formulations. Increasing demand of Water based preservatives from emerging economies is high. Growing adoption of wood in interior decoration for aesthetic look in residential constructions causes demand for wood preservatives in residential market.
After an exhaustive analysis of the industry, the resultant report starts with a brief but an informative overview. The overview contains the market definition, prominent applications, along with the manufacturing techniques employed. With the aim of analyzing the global Wood Preservative Chemicals market, data analysts dive into the competitive scene as well as the latest industry trends, and key regions. The report also offers the product’s price margins combined with the challenges encountered by the manufacturers. In addition, it provides a comprehensive understanding of various dynamics that have a significant impact on the Wood Preservative Chemicals market. The report highlights the market situation while keeping 2019 as the base year, and the forecast period ends by 2025.
Key Players
With regards to key players, the report gives a detailed comprehension of the market’s competitive outlook paired with the ongoing trends in the manufacturing space. The report sheds light on a number of esteemed vendors that are competing in the market, including established as well as new players.
Some of the key players in global wood preservative chemicals market include BASF Wolman, Borax, Cooper Care Wood Preservative, Dattashri Enterprises, Dolphin Bay, Janssen Pharmaceutica, Jubilant, KMG Chemicals, Koppers, Kurt Obermeier, Lada Organics Pvt. Ltd., Lanxess, Lonza, Quality Borate Company, Remmers, Rutgers Organics, Timberlife (Pty) Ltd., Troy Corporation, Viance, and Wykamol Group.
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Formulation Types Covered:
• Water-Based Wood Preservative
• Solvent-Based Wood Preservative
• Oil-Based Wood Preservative
Applications Covered:
• Industrial
• Residential and Commercial
Regional Description
The forecast, as well as analysis of the Wood Preservative Chemicals market, is done not on just globally, but also regionally. With context to the region, the report covers the main regions of Middle East & Africa, North America, Europe, Latin America, and Asia Pacific. The latest trends are examined in these regions, apart from various opportunities and outlook that could favor the market in the subsequent years.
Drivers and Challenges
In addition to giving an insight into the fundamental dynamics shaping the Wood Preservative Chemicals market, the report also examines a variety of volume trends along with the pricing history and market value. On top of this, numerous potential growth factors, challenges, coupled with opportunities, are appraised to get a precise understanding of the market altogether.
Method of Research
To get an understanding of the market potential in the coming years, the market is scrutinized with respect to various parameters that are part of the Porter’s Five Force Model. Besides, the data analysts also use the SWOT on account of which the report offers explicit information about the Wood Preservative Chemicals market. The thorough analysis of the market aids in identifying and highlighting its key strengths, weaknesses, risks, and opportunities.
Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
….
8 Key Developments
9 Company Profiling
9.1 BASF Wolman
9.2 Borax
9.3 Cooper Care Wood Preservative
9.4 Dattashri Enterprises
9.5 Dolphin Bay
9.6 Janssen Pharmaceutica
9.7 Jubilant
9.8 KMG Chemicals
9.9 Koppers
9.10 Kurt Obermeier
9.11 Lada Organics Pvt. Ltd.
9.12 Lanxess
9.13 Lonza
9.14 Quality Borate Company
9.15 Remmers
9.16 Rutgers Organics
9.17 Timberlife (Pty) Ltd.
9.18 Troy Corporation
9.19 Viance
9.20 Wykamol Group
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