Wood Preservatives are chemicals that are used to increase the durability and resistance of wood, timber, wood structures or engineered wood by protecting them from the attack of insects (termites) and fungus.
One of the most popular wood treatment chemical is Chromated copper arsenate (CCA). These chemicals are inert within the material and offer protection from moisture and decay fungi. The chemicals do not penetrate into the heartwood effectively, so a sealer is advisable on cut ends of CCA treated wood. All pressure treated products require adherence to safety precautions approved by the EPA.
EPA regulations govern the manufacture of pressure-treated materials and require extensive environmental safety precautions. Wood treatment does offer a method to extend the usable life of our wood resources.
Global Wood Preservative Chemicals Market is expected to grow at a CAGR of XX% to reach market value of USD XX million by 2025.
Global Wood Preservative Chemicals Market 2016-2025, in USD Million
Improvised versions of acrylic-based wood preservatives with enhanced performance characteristics are driving the global wood preservation chemical market.
For instance, Dow offers self-crosslinking acrylic and acrylic-polyurethane resins for water-borne wood finishes. Water-borne self-crosslinking acrylic resins offer key benefits such as rapid development of chemical resistance, high durability, low VOC emission, and quicker release of coalescence on blending with polyurethane dispersions.
Growing awareness about the negative impact of wood preservatives, such as solvent-borne systems that emit high levels of VOCs, has led to the adoption of alternative, low-VOC products such as water-borne, powder, and radiation cured wood coatings. Stringent regulations in regions such as North America and Western Europe have encouraged the development of novel products with negligible VOC content. Declining demand for solvent-borne wood coatings in these regions is a major challenge for vendors.
By Formulation Type
The global wood preservative chemical is segmented based on formulation type which includes water-based wood preservative, solvent-based wood preservative, and oil-based wood preservative. Water-based wood preservative accounts for the major market because it has low VOC content. Copper-based preservative chemicals are mostly water-based.
Creosote an Oil based chemicals is restricted in some regions of North America, and Europe. Hence, oil-based chemicals have less share in the market compared with other segments.
North America is the largest market for wood preservative chemicals due to the increase in the use of wood preservative chemicals for residential and commercial application. The United States construction market is expected to grow 5% in 2018, little higher than in 2017. Single-family will experience the most growth at 9% and Multi-family will start its decline with a 1% drop. Education and Public Buildings will both grow 6%, leading the 4% increase that will be seen with Non-Residential.
Governments and private sectors across North America are investing in infrastructure facilities. Construction of residential buildings, healthcare centers, and educational institutes leads to the demand for wood and ultimately it drives the demand for wood preservative chemicals.
Market share of Global Wood Preservative Chemicals Market by Region, 2017
North America 38%
South America 6%
Asia Pacific 23%
The market for wood preservative is highly competitive with local and international players. The market is moderately consolidated. The major international players such as BASF SE, Lanxess, and Lonza group are leading the market. Additionally, the international players are showing interest towards acquiring the local comapanes to expand their footprint. For instance, In April 2018, Koppers Inc. signed an agreement to acquire, Cox Industries, Inc. for USD 200 million. The transaction creates a leading utility pole and wood treatment producer and advances Kopper's strategy of being a vertically integrated, high-value global supplier of wood-based technologies to infrastructure markets.
In February 2017, BASF launches five Tinuvin products, i.e. Tinuvin 123-DW (N), Tinuvin 400-DW (N), Tinuvin 477-DW (N), Tinuvin 9945-DW (N) and Tinuvin 5333-DW (N), a new generation of aqueous light stabilizers, which meet the increasing requirements in the field of potentially critical ingredients. These new products were developed for water-based systems and did not contain methylisothiazolinone (MIT).
Why purchase the report?
• Visualize the composition of the Wood Preservative Chemicals Market across each indication, in terms of Formulation type, and by application highlighting the key commercial assets and players.
• Identify commercial opportunities in Wood Preservative Chemicals Market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Wood Preservative Chemicals Market – level 4/5 segmentation
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Product mapping in excel for the Wood Preservative Chemicals products of all major market players
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
1. GLOBAL WOOD PRESERVATIVE CHEMICALS MARKET-SCOPE AND METHODOLOGY
1.1. Research Methodology
1.2. Scope of the market
2. GLOBAL WOOD PRESERVATIVE CHEMICALS MARKET –TRENDS AND DEVELOPMENTS
2.1. Key Market Trends and Developments in Nitrification Inhibitors Market
3. INDUSTRY ANALYSIS
3.3. Porter’s Five Forces Analysis
4. GLOBAL WOOD PRESERVATIVE CHEMICALS MARKET SEGMENTATION BY PRODUCT
4.1. BY FORMULATION TYPE
4.1.1. Water-Based Wood Preservative
4.1.2. Solvent-Based Wood Preservative
4.1.3. Oil-Based Wood Preservative
4.2. BY APPLICATION
5. GLOBAL WOOD PRESERVATIVE CHEMICALS MARKET – BY GEOGRAPHY
5.1. Geographic Overview
5.2. North America
5.3.4. Rest of Europe
5.4. South America
5.4.3. Rest of South America
5.5. Asia Pacific
5.5.5. Rest of Asia Pacific
5.6. Rest of world
6. COMPETITIVE LANDSCAPE
6.1. Competitive Scenario
6.2. Key Strategies adopted by Manufacturers
6.3. Product Benchmarking
7. COMPANY PROFILES
7.1. Borax, Inc.
7.2. BASF Wolman GmbH
7.3. Janssen PMP
7.4. KMG Chemicals, Inc.
7.5. Kop-Coat, Inc.
7.6. Koppers, Inc.
7.7. Kurt Obermeier GmbH & Co. KG
7.8. LANXESS AG
7.9. Lonza Group Ltd
7.10. RUTGERS Organics GmbH
8.2. List of Tables
8.3. Expert Panel Validation
8.5. Contact Us