The report “Wood Preservative Market by Formulation (Water-Based, Oil-Based, Solvent-Based), Application (Residential, Commercial, Industrial), and Region – Global Forecast to 2022″, Wood Preservative Market was valued at USD 1.53 Billion in 2016, and is projected to reach USD 2.09 Billion by 2022, at a CAGR of 5.4% from 2017 to 2022. The base year considered for the study is 2016, while the forecast period is from 2017 to 2022.
In 2016, the residential application segment accounted for the largest share of the global wood preservative market and is expected to continue to lead during the forecast period. Wood preservative are used in the residential sector to increase the life of wooden structures and wooden decorations.
Based on formulation, the water-based segment is projected to grow at the highest CAGR from 2017 to 2022. Water-based wood preservative exhibit superior properties over other formulations, including high performance and long retention time. These preservative leave the wood surface clean and dry, keeping it open to be painted even after the treatment. These properties are expected to drive this segment during the forecast period.
Objectives of the Study:
- To define, segment, and forecast the global wood preservative market by formulation, by application, and by region
- To analyze the market segmentation and project the market size, in terms of volume and value, for key regions such as North America, Europe, Asia Pacific, South America, and Middle East & Africa and the key countries within these regions
- To provide detailed information regarding the major factors influencing the growth of the global wood preservative market (drivers, restraints, opportunities, and challenges)
- To analyze competitive developments such as new product launches, mergers & acquisitions, and partnerships & agreements in the global wood preservative market
- To strategically profile key players in the global wood preservative market
Scope of the report:
This research report categorizes the global wood preservative market on the basis of formulation, by application, and region.
On the Basis of Formulation:
- Water Based
- Oil Based
- Solvent Based
On the Basis of Application:
- Residential
- Commercial
- Industrial
On the Basis of Region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key players operating in the global wood preservative market include BASF Wolman (Germany), Koopers (US), Lonza (US), LANXESS (US), KMG Chemicals (US), Troy Corporation (US), Viance (US), Dolphin Bay (US), Remmers (Germany), and Wykamol (UK).
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