Jul 4, 2020   SOURCE: BusinessWire

Global Wood Preservative Chemicals Industry (2019 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

The "Wood Preservative Chemicals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the Wood Preservative Chemicals market worldwide will grow by a projected US$432.8 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3%. Decking, one of the segments analyzed and sized in this study, is forecast to grow at over 3.6% and reach a market size of US$728.1 Million by the end of the analysis period.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Decking market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.8% CAGR. Within Europe, Germany will add over US$10.1 Million to the region's size over the next 7 to 8 years. In addition, over US$10.7 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Decking segment will reach a market size of US$28.8 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Wood Preservative Chemicals market.

Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 5.9% over the next couple of years and add approximately US$145.3 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Wood Preservative Chemicals market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

  • BASF Wolman GmbH
  • Janssen PMP
  • KMG Chemicals Inc.
  • Kop-Coat Inc.
  • Koppers Inc.
  • Kurt Obermeier GmbH & Co. KG
  • LANXESS AG
  • Lonza Group Ltd
  • RTGERS Organics GmbH
  • Viance LLC

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Recent Market Activity
  • Wood Preservative Chemicals: Protecting and Prolonging Life of Wood & Wood-based Products
  • Wood and its Biodeterioration
  • Global Competitor Market Shares
  • Wood Preservative Chemicals Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
  • EPA Prohibits Domestic Use of ACC-Treated Wood
  • Pressure Treated Wood - Key Concerns
  • Environmental Concerns Over ACZA Treated Wood
  • Use of Creosote and Risks Associated
  • Used Preservative Treated Wood Management
  • Managing Used Preservative Treated Wood
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rising Use of Wood and Wood-based Products Spurs Demand for Wood Preservative Chemicals
  • Developed Nations Lead, Developing Regions to Propel Future Growth
  • Waterborne Formulations: The Preferred Type of Wood Preservative Chemical
  • Sustained Demand for Myriad End-Use Applications Supports Market Growth
  • Recovery in Construction Activity Spells Growth for Wood Preservative Chemicals Market
  • Increasing Demand for Wood & Wood Products due to Rapid Urbanization - Prospects in Store for Preservative Chemicals Market
  • Burgeoning Middle Class Population Worldwide Spurs Market Growth
  • Renovation & Remodeling Market: Opportunities for Wood Preservative Chemicals
  • Demand for Interior Wood Applications to Outshine Exterior Applications
  • High Demand for Wooden Furniture Sustains Demand for Preservative Chemicals
  • Expanding Wood Flooring Market Spells Growth for Wood Preservatives
  • Wooden Railroad Crossties - Need for Wood Preservatives
  • Rising Significance of Nanotechnology in Wood Preservation and Protection
  • Focus on Eco-Friendly Wood Preservative Chemicals
  • Environmental Issues Drive Demand for Greener Formulations
  • Wood Composites to Drive Demand
  • FRT Wood Benefits from the Increase in Mid-Rise Constructions
  • Quest for Viable Alternatives Continues
  • Emergence of Boron-Based Systems
  • Transition from Arsenic Structures to Alternatives
  • Micronized Copper Wood Treatments - New Versions
  • Biocides: Steady Demand from Wood Preservatives Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 56

For more information about this report visit https://www.researchandmarkets.com/r/ftezhi.