A Global Wood Preservatives Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Wood Preservatives industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Wood Preservatives market, this study covers qualitative and quantitative aspects of the Wood Preservatives market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global wood preservatives market is expected to reach value of USD 1,899.8 Million by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing need to control wood degradation issues caused by decay or fungal rot, molds, sap stain, and wood-destroying insects. Growth of the construction industry led by the rising expenditure on construction activities in developing economies is projected to drive the demand for wood preservatives during the forecast period. The rising necessity to increase service life of wood and to reduce the need for frequent replacements of wood, causing addition to deforestation, has led to the rising adoption of wood preservatives. The countries with hot and humid tropical climate witness rapid wood decomposition, resulting in increased usage of wood preservatives. Moreover, the rising need for forest conservation has driven the utilization of wood preservation to reduce the demand for replacement of wood. Growth in population in developing countries has increased the demand for timber, which is expected to drive the wood preservatives market during the forecast period. The growing trend of using bio-based wood preservatives to reduce the environmental degradation caused by chemicals in wood preservatives is projected to offer lucrative opportunities for manufacturers of wood preservatives during the forecast period.
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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Wood Preservatives industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Wood Preservatives industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Wood Preservatives industry.
Radical Highlights of the Wood Preservatives Market Report:
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Wood Preservatives market expected to boost the growth of the industry in the coming years.
Wood Preservatives Market Segmentation:
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Wood Preservatives market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Lanxess, Lonza, Koppers, Troy Corporation, BASF Wolman GmbH, Remmers Gruppe AG, Kurt Obermeier GmbH & Co., Copper Care Wood Preservatives, Inc., KMG Chemicals, Buckman Laboratories International, Inc.
Regional Landscape section of the Wood Preservatives report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
Additional information offered by the report:
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Highlights of Table of Contents (TOC):
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