Wooden Preservative Market 2024 Driving Factors Forecast Research 2031
The global wooden preservative market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2024-2031). Wood is one of the most used natural building materials across the globe. For instance, according to NAHB analysis of 2021 Census Bureau data, for 2021 completions, 92% of new homes were wood-framed, another 7% were concrete-framed homes, and less than half a percent were steel-framed. On a count basis, there were 895,000 wood-framed homes completed in 2021. This was an 8% gain over the 2020 total. Several valuable properties such as low heat conductivity, small bulk density, relatively high strength, and amenability to mechanical working make wood as famous building material. Thus the growth of the construction of wooden houses has led to an increase in demand for wood preservative products. Wood preservative products are those that control wood degradation problems due to fungal rot or decay, sapstain, molds, or wood-destroying insects. Both the treatment process and the use of treated products can result in risks to human health and the environment.Treated wood is most commonly used outdoors. The wood preservative market is growing due to the increasing demand for wood in construction applications, especially in residential buildings. The use of wood for aesthetic appeal in residential constructions is driving demand for wood preservatives in emerging economies, which are characterized by rapid economic development. Thus the growth of the construction sector drives the wooden preservative market. For instance, according to the office for National Statistics, the value of construction new work in current prices in Great Britain in 2021 experienced strong growth (15.3%) to $136.7 million, after a 15.9% fall to $114.4 million in 2020. Also, annual new orders in 2021 saw their second-largest increase in growth of 30.5%. Warehouses, entertainment venues, offices, and factories were the main sub-sectors contributing to the annual increase in new orders in 2021.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including BASF Wolman GmbH, KMG Chemicals, LANXESS AG, Lonza Group Ltd., Kurt Obermier GmbH, co. KG, AND Others
Wooden Preservative Market Report Segment
By Type
Water-based Wood Preservative
Solvent-based Wood Preservative
Oil-based Wood Preservative
Others
By Application
Residential
Commercial
Industrial
A full Report of Wooden Preservative Market is Available @ https://www.omrglobal.com/industry-reports/wooden-preservative-market
Wooden Preservative Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Advance Agrisearch Ltd.
Borax
Buckman Laboratories International
Cabot Microelectronics
Copper Care Wood Preservatives
Dolphin Bay
Jubilant
KMG Chemicals
Koppers
Kurt Obermeier
Kurt Obermier GmbH & Co. KG
Lonza Group Ltd.
Parikh Enterprises
Quality Borate
Remmers
Timberlife
TROY
Viance
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/wooden-preservative-market
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