Report Description

Wood preservation chemicals are applied to wood to prevent it from decay, decomposition, and other hazards such as fire. These also enhance the life of wood. Wood preservation chemicals are of four types: water-borne preservatives, oil-borne preservatives, light organic solvent preservatives, and others (including fire retardants). These chemicals are employed in various end-use industries such as furniture & decking, construction, marine, and others (utility poles, etc.). Wide range of raw materials such as copper, chromium, arsenic, boron, and coal tar are used to produce wood preservation chemicals.

This report comprises in-depth analysis and forecast of the wood preservation chemicals market on a global as well as regional level. The report includes forecast for the period from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global wood preservation chemicals market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various application segments based on demand for wood preservation chemicals in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

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Scope

Asia Pacific is expected to be the fastest-growing region in terms of production and consumption of wood preservation chemicals during the forecast period. This can be ascribed to increase in industrial and construction activities in the region. Asia Pacific has emerged as a key destination for producers of wood preservation chemicals owing to economic development and high demand for wood preservation chemicals in various end-user industries in the region. North America is another key region, where demand for wood preservation chemicals was high in 2014. In terms of volume, the market for wood preservation chemicals in North America is likely to expand at a CAGR of approximately 3% between 2015 and 2023.

Key Players

Major players in the wood preservation chemicals market include Koppers Holdings Inc., LANXESS AG, Lonza Group Ltd., and RUTGERS Group.

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