Press release
Key Influencer in the Wood Preservatives Market 2025: Rising Global Wood Demand Boosts Wood Preservatives Market Growth Driver
"What market dynamics are playing a key role in accelerating the growth of the wood preservatives market?The market growth of wood preservatives is expected to be fueled by the rising demand for wood in multiple applications over the forecast period. With the global population and industrialization on the rise, the need for wood products is progressively growing. Wood, being a substantial source of energy, housing, firewood, timber, and fodder, has seen increasing demand from sectors like construction, pulp and paper, furniture, and more. For example, the Observatory of Economic Complexity, a U.S.-based digital platform for international trade data analysis and visualization, reported in 2022 that Australia's imports of wood and wood articles have climbed to $2.47 billion, showing an increase from $2.41 billion in 2021. Hence, the escalating demand for wood in various areas boosts the need for wood preservatives, hence stimulating the market.
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How will the growth rate of the wood preservatives market shape industry trends by 2034?
In recent times, the market size for wood preservatives has experienced robust expansion. The market is projected to inflate from $2.01 billion in 2024 to $2.14 billion in 2025, witnessing a compound annual growth rate (CAGR) of 6.7%. The pronounced growth during the historic period is associated with several factors, including advancement in the construction and infrastructure sectors, environmental legislations, government backing, and the expanding furniture industry, as well as overall economic growth.
In the coming years, the wood preservatives market is anticipated to witness remarkable growth, potentially reaching a value of $2.94 billion by 2029, with a compound annual growth rate (CAGR) of 8.2%. This expected growth during the forecast period can be attributed to factors such as heightened urbanization, growing marine industry, increasing understanding of wood decay, significant investments in research and development, and a rise in disposable income. Key trends battling to shape the forecast period include the sustainable procurement of wood, bespoke solutions, digital transformation and monitoring, water-based preservatives, alongside collaborations and partnerships.
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What trends are poised to drive the future success of the wood preservatives market?
The key trend in the wood preservatives market is the development of advanced wood preservative products by its major players. Keeping the environment in mind, these manufacturers are creating wood preservatives that are natural or eco-friendly, hence less damaging to environmental health. For instance, in March 2024, Arxada, a chemical manufacturing company from the US, introduced Tanasote S40. This copper-oil substitute to creosote got approval as a wood preservative in 23 European countries. This innovative alternative bolsters sustainability in industrial wood protection, backed by a published Life Cycle Analysis and continued Environmental Product Declaration (EPD) investment. Tanasote-treated timber, which is easy to use and provides a service life of up to 40 years with minimal odor, has been proven effective through successful commercial trials in agricultural fencing, utility poles, and railway sleepers.
Which primary segments of the wood preservatives market are driving growth and industry transformations?
The wood preservatives market covered in this report is segmented -
1) By Formulation: Water Based, Solvent Based, Oil Based
2) By Application: Cabinets and Decks, Doors & Windows, Wood Flooring, Railroad Ties, Other Applications
3) By End User: Residential, Commercial, Industrial
Subsegments:
1) By Water Based: Copper-Based Preservatives, Borate Preservatives, Fungicides And Insecticides
2) By Solvent Based: Oil-Based Preservatives, Organic Solvent Preservatives
3) By Oil Based: Creosote, Pentachlorophenol (PCP), Linseed Oil-Based Preservatives
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Which geographical regions are pioneering growth in the wood preservatives market?
North America was the largest region in the wood preservatives market in 2024. This region is expected to continue to be the fastest-growing region in the wood preservatives market report during the forecast period. The regions covered in the wood preservatives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the wood preservatives market landscape?
Major companies operating in the wood preservatives market include BASF SE, Advanced Agriresearch Limited, Borax Inc., Buckman Laboratories International Inc., Cooper Care Wood Preservatives Inc., Januaryssen Global Services LLC., Jubilant Life Sciences, KMG Chemicals Inc., Koppers Inc., Kurt Obermeier GmbH & Co. KG, Lanxess AG, Lapeyre SA, Lonza Group, Nisus Corporation, Osmose Inc., Quality Borate LLC., Remmers Gruppe AG, Troy Corporation, Arbolito SA, Chemonit SA, Chomarat Group, Dolphin Bay Chemicals Ltd., Draslovka Holding B.V., EcoWood Ltd., Jyoti Chemicals, Kop-Coat Inc., Rotho Blaas GmbH, Rütgers Organics GmbH, Safeguard Europe Ltd.
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What Is Covered In The Wood Preservatives Global Market Report?
•Market Size Forecast: Examine the wood preservatives market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the wood preservatives market for a structured understanding.
•Key Players Overview: Analyze major players in the wood preservatives market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the wood preservatives market.
•Segment Contributions: Evaluate how different segments drive overall growth in the wood preservatives market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the wood preservatives market.
•Industry Challenges: Identify potential risks and obstacles affecting the wood preservatives market.
•Competitive Landscape: Review strategic developments in the wood preservatives market, including expansions, agreements, and new product launches.
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