Wood Preservation Chemicals Market Size, Share, Development, Growth and Demand Forecast to 2022 By P&S Market Research Reports

Some of the drivers behind the growing demand of global wood preservation chemical market include bounce back in residential construction activity, which in turn profits the several applications where wood preservatives are utilized, such as furniture, decking, and siding. Further advances are expected to be limited by the increasing utilization of non-wood materials in several key applications. For example, preservatives will be limited in siding, where the demand of wood is expected to reduce and faces huge competition from the substitutes. Despite the fact, wood still commands the decking applications, the plastic composite decking keeps on disintegrating wood's share, which likewise decreases wood protection product sales.

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Construction industry has been growing significantly over the globe, and acts as one of the important factors for driving the growth of the wood preservation chemicals market during the recent couple of years. In addition, the U.S. construction market has further supported the wood preservation chemicals market. The pattern is anticipated to continue during the forecast period, and is led by continued growth of the worldwide construction industry joined with the recovery of the construction business in the U.S. Wood is broadly utilized as a part of the construction of wood foundations, railroad crossties, walkways, shelters, bridges, sound walls, and others.

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Based on product type, the global wood preservation chemicals market is segmented into oil-borne preservatives, light organic solvent preservatives, water-borne preservatives and others. In terms of production, the water-borne preservatives accounted for around 65% share of the global wood preservation chemicals market in 2014. In addition, the water-borne preservatives segment is expected to be the major product type during the forecast period.

Geographically, Asia-Pacific is the largest market for wood preservation chemicals followed by North America and Europe. During the forecast period, the Asia-Pacific wood preservation chemicals market is expected to grow at the fastest rate, owing to increased industrial and construction activities in the region.

Global Wood Preservation Chemicals Market Segmentation

 By Product Type

 Oil-borne preservatives
 Light organic solvent preservatives
 Water-borne preservatives
 Others

 By End-Use Industry
 
 Construction
 Marine
 Furniture and Decking
 Others

 By Geography

 North America
 Europe
 Asia-Pacific
 Latin America
 Middle East and Africa




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