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Global Wood Preservative Chemicals And Coatings Active Ingredients Market Surge Valuation US$ 241.3 Mn over 2025
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PMR’s report titled “Wood Preservative Chemicals and Coatings Active Ingredient Market: Global Industry Analysis and Forecast, 2017-2025” further reveals that increasing concerns over health risks associated with wood preservatives have been majorly limiting the overall growth of the market. Of late, an alarming rise in incidences of carcinomas, adenomas, malignant phenochromocytomas and hemangiomas has been observed, which is primarily attributed to the increased exposure to pentachlorophenols present in wood preservatives. Many of such preservatives can often be the cause of lethal health hazards. Therefore, manufacturers are shifting towards products which are sustainable and are safer for use in the human vicinity. Development of eco-friendly active ingredients for wood preservative chemicals such as azoles, IPBC, and permethrin is expected to shape the dynamics of the market in the forthcoming years. Janssen Preservation & Material Protection, Lanxess AG, BASF Wolman GmbH, Kurt Obermeier, GmbH & Co. KG, RUTGERS Organics GmbH, Sarpap & Cecil Industries, Koopers Holdings Inc, Lonza Group AG, Troy Corporation, Akzo Nobel N.V. and PPG Industries, Inc. are some of the leading market players profiled in the PMR’s report.
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Key Excerpts from the Report include:
Towards the end of the assessment period, organic active ingredients are expected to account for around 85.8% value share of the market. Whereas, demand for inorganic active ingredients will continue to drop further during the same.
In 2016, 50% of the active ingredient sold were of UC 3 – outdoor use class, which is expected to continue record relatively higher sales throughout the forecast period.
Amongst regions, the market in Asia-Pacific excluding Japan (APEJ) is expected to remain dominant over 2025. The region is expected to account for approximately 38.7% revenue share of the market by 2017-end. In addition, China is expected to emerge as a key production as well as consumption base for wood preservative chemicals and coatings active ingredient in the near future. Meanwhile, in North America and Europe, countries such as the U.S. and Germany is expected present lucrative business opportunities for manufacturers.
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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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