Press release
Global Wood Preservative Chemicals and Coatings Active Ingredients Market: Industry Size, Share, Growth, Forecasts
Development of eco-friendly active ingredients for wood preservative chemicals such as azoles, IPBC, permethrin etc. is one of the key strategies adopted by wood preservative chemicals and coatings active ingredient manufacturers. The analysts of Persistence Market Research have recently published a new report on this market titled Wood Preservative Chemicals and Coatings Active Ingredient Market: Global Industry Analysis and Forecast, 2017-2025. According to this report, APAC and North America were dominant markets in 2016 in terms of consumption.
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In the coming years, China is likely to emerge as a key production as well as consumption base in the global wood preservative chemicals and coatings active ingredient market. Manufacturers in this market are involved in the research and development of environmentally friendly active ingredients. The analysts have observed that North America and APAC are expected to remain key regions in the global wood preservative chemicals and coatings active ingredient market from the demand side throughout the forecast period. Significant market potential also exists in the growing markets of China, Germany and the U.S.
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Wood preservative chemicals and coatings active ingredient market is strongly influenced by the growing construction industry and increasing manufacture of furniture
Growth in the global construction industry is anticipated to have a high impact on the wood preservative chemicals and coatings active ingredient market over the forecast period. Demand for wood preservative chemicals and coatings active ingredients is rising in non-residential buildings such as care centers and hospitals
The growth in the furniture industry is also expected to have a high impact over the forecast period. Investments are expected by leading furniture manufacturers such as Ashley Furniture Industries, Herman Miller Inc., etc. in China. This is projected to boost the demand for active ingredients in wood preservative chemicals and coatings over the forecast period
Growth in global population is estimated to have a medium impact on the wood preservative chemicals and coatings active ingredient market over the forecast period. Increase in population is predicted to boost the demand for residential buildings and in turn propel the growth of the wood preservative chemicals and coatings active ingredient market
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Various countries and the regulations associated with the use of chemicals
In the United States, Federal and State regulations establish standards that one must meet before one can legally use certain pesticides. Federal regulations administered by the Environmental Protection Agency (EPA) have registered the sale and use of certain preservatives to ensure that only properly trained applicators have access to them. Wood preservatives affected by these regulations are creosote, pentachlorophenol and inorganic arsenicals. In Europe, all the pesticides must be stored in a tightly closed original container and in a safe place. All the chemicals must be stored in a dry and well-ventilated locked area. They must be kept in sealed containers whenever possible. Various treating plants discharge wastes into approved municipal sewer systems for processing with municipal wastes. Many plants use closed chemical and wastewater recovery systems to contain wastes that can be harmful.
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Market Segmentation
By Use Class
UC 1/2 Indoor
UC 3 Outdoor
UC 4 Outdoor with ground contact
UC 5 Marine
By Active Ingredient Type
Inorganic
Organic
Azoles
Propiconazole
Tebuconazole
Others (Cyproconazole, etc.)
Others
By Region
North America
Latin America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Report Structure and Research Methodology
The analysts have studied the different segments of the global wood preservative chemicals and coatings active ingredient market and presented a comprehensive market study. Market analysis has been done in terms of Basis Point Share and Y-o-Y growth projections have been covered for each market segment. The report focuses on highlighting the consumption of wood preservative chemicals and coatings active ingredients across the globe. Weighted Average Selling Price (ASP) has been considered to deduce market values. Top-down approach has been used to assess market numbers for each product category, while bottom-up approach has been used to counter validate the market estimations. The analysts have adopted a systematic research approach while inspecting the global wood preservative chemicals and coatings active ingredient market. In-depth secondary research is used to ascertain overall market size, top industry players, top products and industry associations. The analysts have also conducted extensive interviews with industry experts, key market players, distributors and retailers. Data acquired through primary and secondary research is validated using the triangulation method, in which secondary, primary and Future Market Insights analysis contribute to the final data. The final data is then scrutinized using advanced proprietary tools to acquire pertinent insights into the global wood preservative chemicals and coatings active ingredient market.
Company Profiles
Lanxess AG
Janssen Preservation & Material Protection
Lonza Group AG
Akzo Nobel N.V.
PPG Industries, Inc.
BASF Wolman GmbH
Kurt Obermeier GmbH & Co. KG
RUTGERS Organics GmbH
Sarpap & Cecil Industries
Koopers Holdings Inc
Troy Corporation
Others.
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