North America Market Statistics
On the basis of regional analysis, the global wood preservatives market is segmented into five regions, namely North America, Latin America, Asia Pacific, Europe and the Middle East & Africa. North America industry is estimated to dominate majority revenue share by 2037, led by growing government investments in the infrastructure sector and rising demand for eco-friendly wood preservatives. According to the USA Facts Institute, in 2018, the federal government in U.S.A spent around $169 billion on infrastructure activities. The market in this region is expected to garner a revenue of more than $2 trillion before the start of 2026.
APAC Market Analysis
Furthermore, Asia Pacific region is evaluated to be the most futuristic market for wood preservatives during the forecast period as a result of growing construction sector of this region, especially in countries like China, Japan and India, and the demand for improved products for wood conservation.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?