Wood Preservatives Market Size (2024 - 2029)

The Wood Preservatives Market is projected to experience growth over the forecast period, driven by rising demand for wood in various applications and increased furniture production. Despite the challenges posed by stringent government regulations on wood preservatives, the market is expected to expand, with the development of eco-friendly alternatives presenting new opportunities. North America leads in market consumption, particularly in the United States and Canada, as the market recovers from the moderate impacts of the COVID-19 pandemic.

Home Market Analysis Chemicals & Materials Research Construction Chemicals and Materials Research Construction Chemicals Research Wood Preservative Research Wood Preservatives Industry Market Size

Market Size of Wood Preservatives Industry

Wood Preservatives Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 2.91 Billion
Market Size (2029) USD 3.64 Billion
CAGR (2024 - 2029) 4.56 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Wood Preservatives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Wood Preservatives Market Analysis

The Wood Preservatives Market size is estimated at USD 2.91 billion in 2024, and is expected to reach USD 3.64 billion by 2029, growing at a CAGR of 4.56% during the forecast period (2024-2029).

The COVID-19 pandemic moderately impacted the market in 2020. However, it now returned to pre-pandemic levels and is expected to grow steadily.

  • Over the medium term, the factors driving the market's growth are the increasing demand for wood in different applications and the increasing furniture production.
  • On the other hand, the stringent government regulations on various wood preservatives may act as barriers to the market's growth.
  • Developing eco-friendly wood preservatives will likely offer new growth opportunities to the industry.
  • North America dominates the market studied, with the highest consumption recorded by the United States and Canada.

Wood Preservatives Industry Segmentation

Wood preservatives help control wood degradation problems due to fungal rot or decay, sap stains, molds, or wood-destroying insects. Their usage helps increase a product's long-term resistance to attack by fungi, bacteria, insects, and marine borers. The wood preservative market is segmented by technology, end-user industry, and geography. The market is segmented by technology: water-based, oil-based, and other technologies. By end-user industry, the market is segmented into residential, commercial, infrastructural, and other end-user industries. The report also studies the wood preservatives market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Technology
Water-based Technologies
Micronized Copper Systems
Chromated Copper Arsenate (CCA)
Borates
Other Water-based Technologies
Oil-based Technologies
Pentachlorophenol
Creosote
Other Oil-based Technologies
Other Technologies
End-user Industry
Residential
Commercial
Infrastructural
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Wood Preservatives Market Size Summary

The wood preservatives market is poised for steady growth, driven by increasing demand for wood in various applications such as furniture, construction, and residential projects. The market has rebounded to pre-pandemic levels and is expected to expand steadily over the forecast period. Key factors contributing to this growth include the rising production of furniture and the burgeoning residential construction activities worldwide, particularly in regions like Asia-Pacific, North America, and parts of Europe. However, the market faces challenges from stringent government regulations on wood preservatives, which could hinder growth. The development of eco-friendly preservatives presents new opportunities for market expansion, as sustainability becomes a more significant focus in the industry.

North America currently dominates the wood preservatives market, with the United States and Canada leading in consumption. The region's growth is bolstered by substantial construction activities and government initiatives, such as the US trillion-dollar infrastructure bill and Canada's significant investments in infrastructure development. These factors, along with the steady growth in the residential and commercial construction sectors, are expected to maintain North America's dominant position in the global market. The market is characterized by a fragmented landscape with several key players, including Koppers Performance Chemicals, Lonza Specialty Ingredients, and LANXESS, who are actively expanding their market presence and investing in sustainable solutions to meet the evolving demands of the industry.

Explore More

Wood Preservatives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand for Wood in Different Applications

      2. 1.1.2 Increasing Furniture Production

    2. 1.2 Restraints

      1. 1.2.1 Stringent Environmental Regulations

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porters Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Technology

      1. 2.1.1 Water-based Technologies

        1. 2.1.1.1 Micronized Copper Systems

        2. 2.1.1.2 Chromated Copper Arsenate (CCA)

        3. 2.1.1.3 Borates

        4. 2.1.1.4 Other Water-based Technologies

      2. 2.1.2 Oil-based Technologies

        1. 2.1.2.1 Pentachlorophenol

        2. 2.1.2.2 Creosote

        3. 2.1.2.3 Other Oil-based Technologies

      3. 2.1.3 Other Technologies

    2. 2.2 End-user Industry

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

      3. 2.2.3 Infrastructural

      4. 2.2.4 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Wood Preservatives Market Size FAQs

The Wood Preservatives Market size is expected to reach USD 2.91 billion in 2024 and grow at a CAGR of 4.56% to reach USD 3.64 billion by 2029.

In 2024, the Wood Preservatives Market size is expected to reach USD 2.91 billion.

Wood Preservatives Market Report Snapshots

Wood Preservatives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)