The Global report on “Wood Preservatives Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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“The wood preservatives market is projected to register a CAGR of 5.1% during the forecast period, in terms of value.”
The global wood preservatives market is estimated to be USD 1.3 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. The market is witnessing moderate growth, owing to the increasing application, infrastructural development, and growing demand for these wood preservatives in the Asia Pacific, North America and Europe. Wood preservatives are largely used in residential & commercial applications. The increasing use of wood preservatives in residential, commercial and rising construction activities is driving the wood preservatives market.
“Water-Based Wood Preservatives segment is expected to lead the wood preservatives market during the forecast period.”
The water-based will continue to lead the wood preservatives market, accounting for a share of 75.6% of the overall market in 2019 terms of value. This was due to the increasing demand for water-based wood preservatives in the decking, fencing, and landscaping sub-applications are expected to witness high growth in the next five years. The effectiveness of the copper-based wood preservatives has increased their demand in the wood preservatives market. Most of the copper-based wood preservatives are water-based formulations. Therefore, the water-based wood preservatives market is expected to dominate, globally, during the forecast period.
“North America is the largest market for wood preservatives market .”
North America accounted for the largest share of the wood preservatives market in 2020. The demand for wood preservatives is increasing in North America due to the increased usage of wood in the residential and industrial sectors. The rising construction industry supported by heavy investments for infrastructural developments is providing new opportunities for the wood preservatives manufacturers operating in this region
This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region.
- By Company Type– Tier 1- 55%, Tier 2- 30%, and Tier 3- 15%
- By Designation– C Level- 21%, Directors – 23%, and Others – 56%
- By Region– North America- 45%, Europe- 27%, Asia Pacific- 15%, Middle East – 6%, and South America – 7%
The wood preservatives market comprises major solution providers, such as Koppers (US), Lonza (Switzerland), Lanxess (Germany), Cabot Microelectronics (US), BASF Wolman (Germany) and Troy (US) among others. The study includes an in-depth competitive analysis of these key players in the wood preservatives market, with their company profiles, and key market strategies.
The report covers the wood preservatives market based on type, end-use, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.
Key Benefits of Buying the Report:
- Comprehensive coverage and analysis of the wood preservatives market in Asia Pacific, Europe, North America, Middle East & Africa, and South America
- Competitive landscape of major players and their developments in wood preservatives market
- Identifying high-potential opportunities for wood preservatives
- Identifying and targeting high-growth application segments
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