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Wood Preservatives Market Trends

  • Report ID: 2893
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Wood Preservatives Market Trends

Growth Drivers

  • Rise in Urbanisation
  • Increasing Demand for Timber for Construction Purposes

Challenges

  • Regulations on the Use of Synthetic Wood Preservatives
  • Lack of Awareness about the Benefits of Wood Preservatives

Wood Preservatives Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.8%

Base Year Market Size (2023)

USD 1.55 billion

Forecast Year Market Size (2036)

USD 2.85 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 2893
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapid urbanisation and rising demand for timber are the main factors driving the market growth.

The market is anticipated to achieve a significant CAGR over the forecast period, i.e., 2021-2029.

Lack of awareness regarding the benefits of wood preservatives and restrictions on usage of synthetic wood preservatives are estimated to hamper the market growth.

The market in Asia Pacific is estimated to provide notable business opportunities owing to the growing demand for improved wood preservatives.

The major players of the market are Koppers, Inc., LANXESS AG, Lonza Group Ltd., Troy Corporation, CMC Materials Corporation, and others.
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