Press release
Wood Preservatives Market 2023 : By Share, Growth, Segments And Top Players Analysis | BASF Wolman, Lanxess, Lonza, Jubilant, Troy Corporation
Wood Preservatives Market Trends
As per the wood preservatives market report by The Business Research Company, an increase in demand for wood in various applications is expected to drive the market growth of wood preservatives during the forecast period. Due to the increase in population and industrialization, the demand for wood products is growing across the globe. Wood is a rich source of energy, housing, firewood, timber, and fodder; therefore, the demand for wood is improving from various applications such as construction, pulp and paper, furniture, and others.
The global wood preservatives market size grew from $1.77 billion in 2022 to $1.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wood preservatives market size is expected to grow to $2.37 billion in 2027 at a CAGR of 5.9%.
Read More On The Wood Preservatives Market Report Here:
https://www.thebusinessresearchcompany.com/report/wood-preservatives-global-market-report
Major competitors in the Wood Preservatives market include BASF Wolman, Lanxess, Lonza, Kurt Obermeier GmbH & Co. KG, Jubilant, Troy Corporation, Remmers Gruppe AG, KMG Chemicals Inc., Koppers Inc., Borax Inc., Dattashri Enterprises, Januaryssen Global Services LLC, Cooper Care Wood Preservatives Inc., Advanced Agriresearch Limited, Osmose Inc., Nisus Corporation, Quality Borate LLC, and Buckman Laboratories International Inc.
The Wood Preservatives market is segmented -
By Formulation: Water-Based, Solvent-Based, and Oil-Based
By End User: Residential, Commercial, or Industrial
By Application: Cabinets and Decks, Doors & Windows, Wood Flooring, Railroad Ties, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wood Preservatives market.
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Wood preservatives are chemicals that can control wood degradation problems due to fungal rot or decay, sapstain, molds, or wood-destroying insects. It is mainly used to increase the durability and resistance of wood, timber, wood structures, or engineered wood.
The Table Of Content For The Wood Preservatives Market Include:
1. Executive Summary
2. Wood Preservatives Market Characteristics
3. Wood Preservatives Market Trends And Strategies
4. Wood Preservatives Market - Macro Economic Scenario
5. Wood Preservatives Market Size And Growth
……
26. Africa Wood Preservatives Market
27. Wood Preservatives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wood Preservatives Market
29. Wood Preservatives Market Future Outlook and Potential Analysis
30. Appendix
The "Global Wood Preservatives Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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