Wood preservatives are chemicals designed to control problems associated with wood degradation, such as fungal rot or decay, sapstain, molds, and damage from wood-destroying insects. These preservatives are primarily used to enhance the durability and resistance of wood, timber, wood structures, or engineered wood products.
The main types of formulations in the wood preservative market are water-based, solvent-based, and oil-based. Water-based preservatives are commonly applied to fence posts, lumber, plywood, poles, pilings, and timbers to prevent fungal decay and insect attacks. Solvent-based preservatives typically consist of about 10% active ingredient and 90% organic solvent, often white spirit or other petroleum-based hydrocarbons. Oil-based or oil-borne preservatives, insoluble in water, are dissolved in petroleum or other organic solvents to penetrate the wood. Wood preservatives find applications in various sectors, including residential, commercial, and industrial. They are used in products such as cabinets and decks, doors and windows, wood flooring, railroad ties, and more.
The wood preservatives market research report is one of a series of new reports that provides wood preservatives market statistics, including wood preservatives industry global market size, regional shares, competitors with a wood preservatives market share, detailed wood preservatives market segments, market trends and opportunities, and any further data you may need to thrive in the wood preservatives industry. This wood preservatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wood preservatives market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $2.02 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The expansion observed in the historical period in the wood preservative market can be attributed to factors such as construction and infrastructure growth, compliance with environmental regulations, government support, expansion in the furniture industry, and overall economic growth. These factors collectively contributed to the increased demand for wood preservatives during the historic period.
The wood preservatives market size is expected to see strong growth in the next few years. It will grow to $2.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period in the wood preservative market can be attributed to factors such as the rise in urbanization, increased activity in the marine industry, growing awareness of wood decay issues, investments in research and development, and an increase in disposable income. Major trends expected in the forecast period include a focus on sustainable sourcing of wood, the provision of customized solutions, the integration of digitization and monitoring technologies, the use of water-based preservatives, and an emphasis on collaboration and partnerships within the industry.
The anticipated growth in the wood preservatives market is driven by an increased demand for wood across various applications during the forecast period. Global population growth and industrialization have led to a rising demand for wood products worldwide. Wood serves as a valuable resource for energy, housing, firewood, timber, and fodder, resulting in increased demand from sectors such as construction, pulp and paper, furniture, and others. A report by the International Tropical Timber Organization predicts a substantial increase in the demand for wood by plywood and other wood-based industries, reaching over 57 million m3 in 2030 from 15 million m3 in 2021. The furniture industry is also expected to witness a demand rise, reaching around 13 million m3 in 2030 from 9 million m3 in 2021. Hence, the growing demand for wood in diverse applications contributes to an increased need for wood preservatives, thereby fostering market growth.
The expansion of the construction industry is expected to drive the future growth of the wood preservatives market. Wood preservatives play a crucial role in construction by safeguarding wood and wood-based products from decay, insects, and fungal growth. By treating wood with preservatives, its service life and structural integrity can be significantly extended, making it suitable for a wide range of construction applications. A report by Oxford Economics highlights the anticipated increase in global construction output from $10.7 trillion in 2020 to USD 15.2 trillion by 2030, representing a 42% growth. This surge in the construction industry contributes to the overall growth of the wood preservatives market.
A notable trend in the wood preservatives market is the ongoing investment in research and development (R&D) activities by major players to produce eco-friendly wood preservatives. In response to environmental regulations, manufacturers are focusing on developing natural or eco-friendly wood preservatives to reduce their environmental impact. For example, Viance LLC launched UltraPole NXT with technology, a wood utility pole and crossarm preservative system designed for long-term efficacy with low environmental impact. The active ingredient DCOI (4,5-Dichloro-2-n-octyl-4-isothiazolin-3-one) in UltraPole NXT acts as a highly effective wood preservative that degrades rapidly in the environment.
Leading companies in the wood preservatives market are also concentrating on advancements to enhance profitability. Advancements in wood preservatives involve the development of eco-friendly, longer-lasting, and more effective treatments to protect wood from decay and insect damage while minimizing environmental impact. Archroma's launch of MIH liq in May 2022 exemplifies this trend. MIH liq is a non-biocidal wood modification process that improves the stability and durability of veneers, solid woods, and wood composites. Wood treated with Siligen MIH liq exhibits superior weathering performance and robust defense against decay fungi, maintaining its original appearance.
In November 2022, Culpeper Wood Preservers acquired H.M. Stauffer and Sons, aiming to broaden its product offerings and strengthen its position in the pressure-treated lumber industry. This strategic move enhances Culpeper Wood Preservers' capabilities in providing wood preservatives.
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., Dattashri Enterprises, 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, Daebong LS Co.Ltd., Dolphin Bay Chemicals Ltd., Draslovka Holding B.V., Durapak Wood Ltd., EcoWood Ltd., Janssen Pharmaceutica NV, Jyoti Chemicals, Kop-Coat Inc., Bernhard Remmers Institute of Analytics, RENTOKIL INITIAL FRANCE, Rotho Blaas GmbH, Rütgers Organics GmbH, Safeguard Europe Ltd.
In 2023, North America was the largest region in the wood preservatives market. 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 industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the wood preservatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The wood preservatives market consists of sales of water-based technologies for wood preservation, including chromated copper arsenate and micronized copper systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main types of formulations in the wood preservative market are water-based, solvent-based, and oil-based. Water-based preservatives are commonly applied to fence posts, lumber, plywood, poles, pilings, and timbers to prevent fungal decay and insect attacks. Solvent-based preservatives typically consist of about 10% active ingredient and 90% organic solvent, often white spirit or other petroleum-based hydrocarbons. Oil-based or oil-borne preservatives, insoluble in water, are dissolved in petroleum or other organic solvents to penetrate the wood. Wood preservatives find applications in various sectors, including residential, commercial, and industrial. They are used in products such as cabinets and decks, doors and windows, wood flooring, railroad ties, and more.
The wood preservatives market research report is one of a series of new reports that provides wood preservatives market statistics, including wood preservatives industry global market size, regional shares, competitors with a wood preservatives market share, detailed wood preservatives market segments, market trends and opportunities, and any further data you may need to thrive in the wood preservatives industry. This wood preservatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wood preservatives market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $2.02 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The expansion observed in the historical period in the wood preservative market can be attributed to factors such as construction and infrastructure growth, compliance with environmental regulations, government support, expansion in the furniture industry, and overall economic growth. These factors collectively contributed to the increased demand for wood preservatives during the historic period.
The wood preservatives market size is expected to see strong growth in the next few years. It will grow to $2.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period in the wood preservative market can be attributed to factors such as the rise in urbanization, increased activity in the marine industry, growing awareness of wood decay issues, investments in research and development, and an increase in disposable income. Major trends expected in the forecast period include a focus on sustainable sourcing of wood, the provision of customized solutions, the integration of digitization and monitoring technologies, the use of water-based preservatives, and an emphasis on collaboration and partnerships within the industry.
The anticipated growth in the wood preservatives market is driven by an increased demand for wood across various applications during the forecast period. Global population growth and industrialization have led to a rising demand for wood products worldwide. Wood serves as a valuable resource for energy, housing, firewood, timber, and fodder, resulting in increased demand from sectors such as construction, pulp and paper, furniture, and others. A report by the International Tropical Timber Organization predicts a substantial increase in the demand for wood by plywood and other wood-based industries, reaching over 57 million m3 in 2030 from 15 million m3 in 2021. The furniture industry is also expected to witness a demand rise, reaching around 13 million m3 in 2030 from 9 million m3 in 2021. Hence, the growing demand for wood in diverse applications contributes to an increased need for wood preservatives, thereby fostering market growth.
The expansion of the construction industry is expected to drive the future growth of the wood preservatives market. Wood preservatives play a crucial role in construction by safeguarding wood and wood-based products from decay, insects, and fungal growth. By treating wood with preservatives, its service life and structural integrity can be significantly extended, making it suitable for a wide range of construction applications. A report by Oxford Economics highlights the anticipated increase in global construction output from $10.7 trillion in 2020 to USD 15.2 trillion by 2030, representing a 42% growth. This surge in the construction industry contributes to the overall growth of the wood preservatives market.
A notable trend in the wood preservatives market is the ongoing investment in research and development (R&D) activities by major players to produce eco-friendly wood preservatives. In response to environmental regulations, manufacturers are focusing on developing natural or eco-friendly wood preservatives to reduce their environmental impact. For example, Viance LLC launched UltraPole NXT with technology, a wood utility pole and crossarm preservative system designed for long-term efficacy with low environmental impact. The active ingredient DCOI (4,5-Dichloro-2-n-octyl-4-isothiazolin-3-one) in UltraPole NXT acts as a highly effective wood preservative that degrades rapidly in the environment.
Leading companies in the wood preservatives market are also concentrating on advancements to enhance profitability. Advancements in wood preservatives involve the development of eco-friendly, longer-lasting, and more effective treatments to protect wood from decay and insect damage while minimizing environmental impact. Archroma's launch of MIH liq in May 2022 exemplifies this trend. MIH liq is a non-biocidal wood modification process that improves the stability and durability of veneers, solid woods, and wood composites. Wood treated with Siligen MIH liq exhibits superior weathering performance and robust defense against decay fungi, maintaining its original appearance.
In November 2022, Culpeper Wood Preservers acquired H.M. Stauffer and Sons, aiming to broaden its product offerings and strengthen its position in the pressure-treated lumber industry. This strategic move enhances Culpeper Wood Preservers' capabilities in providing wood preservatives.
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., Dattashri Enterprises, 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, Daebong LS Co.Ltd., Dolphin Bay Chemicals Ltd., Draslovka Holding B.V., Durapak Wood Ltd., EcoWood Ltd., Janssen Pharmaceutica NV, Jyoti Chemicals, Kop-Coat Inc., Bernhard Remmers Institute of Analytics, RENTOKIL INITIAL FRANCE, Rotho Blaas GmbH, Rütgers Organics GmbH, Safeguard Europe Ltd.
In 2023, North America was the largest region in the wood preservatives market. 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 industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the wood preservatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The wood preservatives market consists of sales of water-based technologies for wood preservation, including chromated copper arsenate and micronized copper systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Wood Preservatives Market Characteristics3. Wood Preservatives Market Trends And Strategies31. Global Wood Preservatives Market Competitive Benchmarking32. Global Wood Preservatives Market Competitive Dashboard33. Key Mergers And Acquisitions In The Wood Preservatives Market
4. Wood Preservatives Market - Macro Economic Scenario
5. Global Wood Preservatives Market Size and Growth
6. Wood Preservatives Market Segmentation
7. Wood Preservatives Market Regional And Country Analysis
8. Asia-Pacific Wood Preservatives Market
9. China Wood Preservatives Market
10. India Wood Preservatives Market
11. Japan Wood Preservatives Market
12. Australia Wood Preservatives Market
13. Indonesia Wood Preservatives Market
14. South Korea Wood Preservatives Market
15. Western Europe Wood Preservatives Market
16. UK Wood Preservatives Market
17. Germany Wood Preservatives Market
18. France Wood Preservatives Market
19. Italy Wood Preservatives Market
20. Spain Wood Preservatives Market
21. Eastern Europe Wood Preservatives Market
22. Russia Wood Preservatives Market
23. North America Wood Preservatives Market
24. USA Wood Preservatives Market
25. Canada Wood Preservatives Market
26. South America Wood Preservatives Market
27. Brazil Wood Preservatives Market
28. Middle East Wood Preservatives Market
29. Africa Wood Preservatives Market
30. Wood Preservatives Market Competitive Landscape And Company Profiles
34. Wood Preservatives Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Wood Preservatives Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on wood preservatives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for wood preservatives? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 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
- Companies Mentioned: BASF SE; Advanced Agriresearch Limited; Borax Inc.; Buckman Laboratories International Inc.; Cooper Care Wood Preservatives Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- BASF SE
- Advanced Agriresearch Limited
- Borax Inc.
- Buckman Laboratories International Inc.
- Cooper Care Wood Preservatives Inc.
- Dattashri Enterprises
- 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
- Daebong LS Co.Ltd.
- Dolphin Bay Chemicals Ltd.
- Draslovka Holding B.V.
- Durapak Wood Ltd.
- EcoWood Ltd.
- Janssen Pharmaceutica NV
- Jyoti Chemicals
- Kop-Coat Inc.
- Bernhard Remmers Institute of Analytics
- RENTOKIL INITIAL FRANCE
- Rotho Blaas GmbH
- Rütgers Organics GmbH
- Safeguard Europe Ltd.
Methodology
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