Global wood preservatives market was valued at US$ 1.23 Bn in 2016, according to Global Wood Preservatives Market by Formulation (Water Based, Solvent Based, and Oil Based), by Application (Residential & Commercial, Industrial), published by Coherent Market Insights. The wood preservatives market is expected to register a CAGR of 6.16% over the forecast period (2017–2025) to reach US$ 2.07 Bn by 2025.
Major factors propelling growth of this market include rise in the use of wood in the interior decoration in developed and developing countries. However, government restrictions on the use of hazardous chemicals such as arsenic and chromium and increasing initiatives to reduce deforestation has hindered growth of the wood preservatives market.
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Browse 100 market data tables* and 60 figures* on "Wood Preservatives Market”- Global forecast to 2025.
Key Trends and Analysis of Wood Preservatives Market:
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Major players operating in the global wood preservatives market include BASF Wolman GmbH, Borax Inc., KMG Chemicals Inc., Koppers Inc., Remmers AG, Kurt Obermeier GmbH & Co. KG, LANXESS AG, Kop-Coat Inc., and Lonza Group Ltd.
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