Wood Preservative Market Analysis – Forecasts to 2025

Wood Preservative Market Segmentation: 

By Formulation (Water-Based, Oil-Based, Solvent-Based), By Application (Residential, Commercial, Industrial), By Region (North America, Asia Pacific, Europe, Central & South America, Middle East & Africa), End-use Landscape, Vendor Landscape, and Competitor Analysis

Market Insights:

Longer life of wood is possible only with the help of preservation methods. This is needed to keep the furniture safe from attacks of any borer insect, decay, rot, bacteria, and fungus. Several treatments are available to protect wood and increase its lifespan in industrial and household sectors.

Wooden furniture has various indoor and outdoor applications. The commercial uses are expected to grow over the coming years. Rising industrialization and infrastructure developments in hospitals, buildings, and educational centers are expected to enhance market demand over the forecast period. However, providing these chemicals and products at economical prices is projected to hamper market demand.

Formulation Insights:

Water-based preservative occupied a large share in the formulation segment in 2016. It includes preservation with the help of Ammoniacal Copper Zinc Arsenate (ACZA), copper azoles, ACQ compounds, and Chromated Copper Arsenate (CCA) among others. These preservations offer better utility in the commercial and residential sector. This process is preferred as it keeps the surface dry & clean and ready to be painted after getting treated.

Oil-based preservation involving creosote leaves the surfaces oily ever after treatment which makes it difficult for the surface to be painted. This process involves light organic solvent preservation which can be harmful to the environment. The demand for preservation is steadily rising due to its growing benefits.

Application Insights:

The largest share was occupied by the residential segment in 2016. In the residential market, timber is used in decking, fencing, landscaping and for structural purposes. It is used for flooring as well which is easy to maintain and improves aesthetics, hence it is growing in the developed as well as emerging countries.

Timber products include electrical boards and utility poles; they are structures used to support electrical wires, street lights, and telephone cables among other uses. A wooden pole is an inexpensive way to keep the electrical wires safe & insulated from the ground. Wooden preservation methods are expected to see a rise due to its expanding industrial uses.

Creosote is used for preservation in commercial establishments or outdoor environments. This chemical is used to protect furniture from termites, fungi, mites and other pests. It is a rarely used pesticide which is used on railroad ties and utility poles.

Regional Insights:

Awareness of the effectiveness of these products has lead to the growth of this industry. In 2016, North America held the largest share in the industry. The market in the U.S. had the largest return while those in Canada and Mexico are expected to grow at an increasing rate in the forecast period. The rising demand for eco-friendly chemicals is projected to present new opportunities in the market over the coming years. Stringent regulations in Europe & North America pertaining to the use of chemicals with high VOC content is expected to hamper growth.

End-use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase these products over the coming years. Some leading consumers of these products are Jubilant Agri & Consumer Products Limited, Creosote Sales, and Forestal Rio Claro LTDA among others.

Competitive Insights:

Limited consumption of preservatives in the emerging countries due to lack of awareness is projected to hamper growth of the industry. Companies of North America and Europe are investing in R&D activities to innovate product catering to specified applications.

Key companies profiled in the global market research report include BASF Wolman (Germany), Koopers (US), Lonza (US), Lanxess (US), KMG Chemicals (US), Troy Corporation (US), Viance (US), Dolphin Bay (US), Remmers (Germany), and Wykamol (UK).

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