Wood Preservative Chemicals Market: Improvised Versions of Acrylic Driving the Market Growth

The market report titled ‘Global Wood Preservation Chemicals Market – Size, Share and Forecast (2019-2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

Wood Preservative Chemicals Market Dynamics
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 vital benefits such as rapid development of chemical resistance, high durability, low VOC emission, and quicker release of coalescence on blending with polyurethane dispersions.
Market Restraints
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 significant challenge for vendors.

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Wood Preservative Chemicals Market Segmentation
By Formulation Type
The global wood preservative chemical is segmented based on formulation type which includes a water-based wood preservative, solvent-based wood preservative, and oil-based wood preservative.
By Geography
North America is the largest market for wood preservative chemicals due to the increase in the use of wood preservative chemicals for the residential and commercial application.
The United States construction market is expected to grow 5% in 2018, a 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.

Wood Preservative Chemicals Competitive Analyiss
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 in acquiring the local companies 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.

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Listed below are the topics covered in this research report-
1. Global Wood Preservative Chemicals Market: Scope and Methodology
2. Global Wood Preservative Chemicals Market: Trends And Developments
3. Global Wood Preservative Chemicals Market: Industry Analysis
4. Global Wood Preservative Chemicals Market: Segmentation By Product
4.1. BY FORMULATION TYPE
4.2. BY APPLICATION
5. Global Wood Preservative Chemicals Market: By Geography
5.1. Geographic Overview
5.2. North America
5.3. Europe
5.4. South America
5.5. Asia Pacific
5.6. Rest of world
6. Global Wood Preservative Chemicals Market: Competitive Landscape
7. Global Wood Preservative Chemicals Market: Company Profiles
8. Global Wood Preservative Chemicals Market: Appendix

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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

DMI is currently strengthening its cross-industrial database for sectors including Alternative Energy, Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.

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