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Wood Preservatives Market Trends

  • Report ID: GMI8631
  • Published Date: Mar 2024
  • Report Format: PDF

Wood Preservatives Market Trends

The wood preservatives industry is witnessing several notable trends shaping its trajectory. One prominent trend is the increasing preference for eco-friendly and sustainable wood treatment solutions. This shift is driven by heightened environmental awareness and regulatory pressures, prompting manufacturers to develop alternatives to traditional chemical preservatives such as chromated copper arsenate (CCA). Consequently, there has been a surge in the adoption of naturally-derived compounds like borates, copper-based formulations, and organic preservatives, which offer effective protection against decay and insects while minimizing environmental impact.
 

Furthermore, technological advancements are driving innovation in wood preservative formulations, leading to the development of products with enhanced efficacy and longevity. These innovations include micro-emulsion and nano-particle technologies, which improve penetration and distribution of preservatives within the wood substrate, thereby boosting performance and durability.
 

Another significant trend is the growing demand for treated wood in outdoor applications such as decking, fencing, and landscaping. As consumers seek durable and aesthetically pleasing alternatives to traditional materials, the use of treated wood in these sectors is expected to continue expanding, further fueling market growth. Moreover, the rise of the circular economy and sustainable forestry practices is reshaping the market, with a focus on maximizing resource efficiency, minimizing waste, and promoting responsible stewardship of forest resources.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for wood preservatives was valued at around USD 1.65 billion in 2023 and is anticipated to register a CAGR of over 5.1% between 2024 and 2032, attributed to the growing construction sector, particularly in emerging economies.

Pressure treatment segment accounted for 60% market share in 2023 and is projected to grow through 2032, due to its widespread use in industrial and commercial settings.

North America wood preservatives market generated USD 0.65 billion in 2023 and is estimated to reach USD 0.97 billion by 2032, attributed to the widespread product adoption in various applications, including residential, commercial, and industrial construction.

Advance Agrisearch Limited, Groupe Berkem, Jubilant Agric & Consumer Products, Koppers Performance Chemicals, Kurt Obermeier GmbH, LANXESS, Nisus Corp, Remmers, Rio Tinto, Troy Corp., Viance, and Wolman.

Wood Preservatives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 300
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