Chromated Copper Arsenate Market - Size, Share, Outlook, and Forecast till 2026

Worldwide Market Reports added Latest Research Report titled “Chromated Copper Arsenate Market - Size, Share, Outlook, and Forecast till 2026" to its Large Report database.

Chromated copper arsenate (CCA) is a wood preservative that is used for timber treatment. It is a combination of 47.5% chromium, 34% copper, and 18.5% arsenic that is formulated as oxides or salts and it imparts a green tint to timber. This wood preservative is introduced into the wood by pressure impregnation. As a wood preservative, the combination of these three elements provides extraordinary effectiveness. In this combination, copper acts as a fungicide, arsenate acts as an insecticide, and chromium helps in binding the ingredients to the wood.

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Rising standard of living, increasing commercial housing activities, increasing industrial construction, and growing investments in premium furniture are some of the major factors driving growth of chromated copper arsenate market. Moreover, rising use of timber in residential and commercial applications, easy handling of preservatives, and clean finish provided by the preservatives are other factors fueling growth of the market.

However, limited availability of wood, harmful impacts on environment, and stringent government regulations on the usage of synthetic wood preservatives are some of the major factors that are restricting growth of global chromated copper arsenate market.

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Key Developments in Chromated Copper Arsenate Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the market. On May 2, 2018, Lonza Consumer Health & Nutrition announced its plans to expand the manufacturing operations at Greenwood, SC, USA, by adding approximately 50,000 square feet of new manufacturing space.

Also, on April, 19, 2018, Lonza Water Care, a global leader in swimming pool treatment products and feeder systems, announced the launch of a new product called as Pulsar® Infinity Feeder that can be used in pools and spas at hotels, motels, apartment and condominium complexes, and other private and public venues.

On April 10, 2018, Koppers Holdings Inc. acquired Cox Industrial to create leading utility pole and wood treatment producer.

Some of the key players operating in the chromated copper arsenate market include Lonza, Koppers, Viance, Dolphin Bay, Goodfellow, Jinan Delan Chemicals, CRM Yingtan, Foshan Liyuan Chemical, and Boda Biochemistry among others.

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