Wood Preservative Chemicals Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Chromate Copper Arsenate (CCA), Water-based, Alkaline Copper Quaternary Compounds (ACQ), Copper azole (CuAz), Ammoniacal copper zinc arsenate (ACZA), Copper Citrate, Oil-based, Cresote, Pentachlorophenols), By Application (Industrial, Commercial, Residential), And By Geography - Forecasts From 2019 to 2024
- Published : Apr 2021
- Report Code : KSI061612272
- Pages : 95
The Wood preservative chemicals market is projected to grow at a CAGR of 4.81% to reach US$2.540 billion by 2024, from US$1.916 billion in 2018. Wood preservatives are basically the chemicals that are applied to the wood surface so as to prevent or retard the decay of wood, especially by fungi or insects. The demand for these chemicals is majorly driven by the increasing demand for wooden furniture across the residential and commercial sectors. Also, treated wood is commonly used to build telephone poles, road signs, play structures, and raised garden beds. Rapid urbanization across the globe is significantly contributing towards growing demand for wooden-based products since these are versatile, cost-efficient, and are easy to construct. This in turn is propelling the wood preservative chemicals market growth across regions. With infrastructure activities rising in especially emerging economies, the demand for wood-based products is set to grow that in turn is going to augment the wood preservative market growth in the upcoming years.
DRIVERS
Burgeoning demand for wooden-based products
Rising infrastructure investment in emerging countries
RESTRAINTS
Ban on highly toxic wood preservatives
INDUSTRY UPDATE
In March 2011, Lanxess acquired Syngenta’s material protection business in order to gain access to a broad range of fungicidal and insecticidal active ingredients for wood preservation.
The major players profiled in the wood preservative chemicals market include Rio Tinto, Copper Care Wood Preservatives, Inc., BASF SE, KMG Chemicals, Kurt Obermeier GmbH & Co. KG, LANXESS, Lonza, Wykamol Group Ltd., Koppers Inc., Archer Daniels Midland Company, and Viance, LLC.
Wood Preservative Chemicals Market Scope:
Report Metric | Details |
Market size value in 2018 | US$1.916 billion |
Market size value in 2024 | US$2.540 billion |
Growth Rate | CAGR of 4.81% from 2018 to 2024 |
Base year | 2018 |
Forecast period | 2019–2024 |
Forecast Unit (Value) | USD Billion |
Segments covered | Type, Application, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Rio Tinto, Copper Care Wood Preservatives, Inc., BASF SE, KMG Chemicals, Kurt Obermeier GmbH & Co. KG, LANXESS, Lonza, Wykamol Group Ltd., Koppers Inc., Archer Daniels Midland Company, Viance, LLC |
Customization scope | Free report customization with purchase |
Segmentation
The wood preservative chemicals market has been analyzed through the following segments:
By Type
Chromate Copper Arsenate (CCA)
Water-based
Alkaline Copper Quaternary Compounds (ACQ)
Copper azole (CuAz)
Ammoniacal copper zinc arsenate (ACZA)
Copper Citrate
Oil-based
Cresote
Pentachlorophenols
By Application
Industrial
Commercial
Residential
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
Frequently Asked Questions (FAQs)
Q1. What will be the wood preservative chemicals market size by 2024?
A1. The wood preservative chemicals market is projected to reach a market size of US$2.540 billion by 2024.
Q2. What is the size of the wood preservative chemicals market?
A2. Wood Preservative Chemicals market was valued at US$1.916 billion in 2018.
Q3. What are the growth prospects for the wood preservative chemicals market?
A3. The wood preservative chemicals market is projected to grow at a CAGR of 4.81% during the forecast period.
Q4. Who are the major players in the wood preservative chemicals market?
A4. The major players profiled in the wood preservative chemicals market include Rio Tinto, Copper Care Wood Preservatives, Inc., BASF SE, KMG Chemicals, Kurt Obermeier GmbH & Co. KG, LANXESS, Lonza, Wykamol Group Ltd., Koppers Inc., Archer Daniels Midland Company, and Viance, LLC.
Q5. What factors are anticipated to drive the wood preservative chemicals market growth?
A5. The demand for these chemicals is majorly driven by the increasing demand for wooden furniture across residential and commercial sectors.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. WOOD PRESERVATIVE CHEMICALS MARKET BY TYPE
5.1. Chromate Copper Arsenate (CCA)
5.2. Water-based
5.2.1. Alkaline Copper Quaternary Compounds (ACQ)
5.2.2. Copper azole (CuAz)
5.2.3. Ammoniacal copper zinc arsenate (ACZA)
5.2.4. Copper Citrate
5.3. Oil-based
5.3.1. Cresote
5.3.2. Pentachlorophenols
6. WOOD PRESERVATIVE CHEMICALS MARKET BY APPLICATION
6.1. Industrial
6.2. Commercial
6.3. Residential
7. WOOD PRESERVATIVE CHEMICALS MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Company Benchmarking and Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Rio Tinto
9.2. Copper Care Wood Preservatives, Inc.
9.3. BASF SE
9.4. KMG Chemicals
9.5. Kurt Obermeier GmbH & Co. KG
9.6. LANXESS
9.7. Lonza
9.8. Wykamol Group Ltd.
9.9. Koppers Inc.
9.10. Archer Daniels Midland Company
9.11. Viance, LLC.
LIST OF FIGURES
LIST OF TABLES
Rio Tinto
Copper Care Wood Preservatives, Inc.
BASF SE
KMG Chemicals
Kurt Obermeier GmbH & Co. KG
LANXESS
Lonza
Wykamol Group Ltd.
Koppers Inc.
Archer Daniels Midland Company
Viance, LLC
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