Wooden Preservative Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted February 28, 2024 by mansi3210

The global wooden preservative market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2024-2031).

 
The global wooden preservative market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2024-2031). Wood is one of the most used natural building materials across the globe. For instance, according to NAHB analysis of 2021 Census Bureau data, for 2021 completions, 92% of new homes were wood-framed, another 7% were concrete-framed homes, and less than half a percent were steel-framed. On a count basis, there were 895,000 wood-framed homes completed in 2021. This was an 8% gain over the 2020 total. Several valuable properties such as low heat conductivity, small bulk density, relatively high strength, and amenability to mechanical working make wood as famous building material. Thus the growth of the construction of wooden houses has led to an increase in demand for wood preservative products. Wood preservative products are those that control wood degradation problems due to fungal rot or decay, sapstain, molds, or wood-destroying insects. Both the treatment process and the use of treated products can result in risks to human health and the environment.

Treated wood is most commonly used outdoors. The wood preservative market is growing due to the increasing demand for wood in construction applications, especially in residential buildings. The use of wood for aesthetic appeal in residential constructions is driving demand for wood preservatives in emerging economies, which are characterized by rapid economic development. Thus the growth of the construction sector drives the wooden preservative market. For instance, according to the office for National Statistics, the value of construction new work in current prices in Great Britain in 2021 experienced strong growth (15.3%) to $136.7 million, after a 15.9% fall to $114.4 million in 2020. Also, annual new orders in 2021 saw their second-largest increase in growth of 30.5%. Warehouses, entertainment venues, offices, and factories were the main sub-sectors contributing to the annual increase in new orders in 2021.

To Request a Sample of our Report on Wooden Preservative Market: https://www.omrglobal.com/request-sample/wooden-preservative-market

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Type

· By Application

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

• Competitive Landscape- including BASF Wolman GmbH, KMG Chemicals, LANXESS AG, Lonza Group Ltd., Kurt Obermier GmbH, co. KG, AND Others

Wooden Preservative Market Report Segment

By Type

· Water-based Wood Preservative

· Solvent-based Wood Preservative

· Oil-based Wood Preservative

· Others

By Application

· Residential

· Commercial

· Industrial

A full Report of Wooden Preservative Market is Available @ https://www.omrglobal.com/industry-reports/wooden-preservative-market

Wooden Preservative Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Advance Agrisearch Ltd.

• Borax

• Buckman Laboratories International

• Cabot Microelectronics

• Copper Care Wood Preservatives

• Dolphin Bay

• Jubilant

• KMG Chemicals

• Koppers

• Kurt Obermeier

• Kurt Obermier GmbH & Co. KG

• Lonza Group Ltd.

• Parikh Enterprises

• Quality Borate

• Remmers

• Timberlife

• TROY

• Viance

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/wooden-preservative-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 7803040404
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Last Updated February 28, 2024