Global Wood Preservative Chemicals Market: Changing Lifestyle Boosts Spending on Wood-based Decoration, in turn Fueling Growth
The key players that are at the forefront of competition in the global wood preservative chemicals market are BASF SE, Koppers Inc., Lonza Group, Lanxess, Troy Corporation, Safeguard Europe Ltd., Rütgers Organics GmbH, Rio Tinto Borates, and Kurt Obermeier GmbH. As per estimates of Transparency Market Research, the global wood preservative chemicals market was worth US$1,663.2 mn in 2016. Expanding at a CAGR of 3.7% between 2017 and 2025, the market is expected to attain a value of US$2,284.2 mn by 2025. Fewer Detrimental Impact on Environment Favors Use of Waterborne Wood Preservative Chemicals The product type segments of the global wood preservative chemicals market considered in this study are chromated arsenicals, creosote, copper based, zinc based, and others. Copper based is one of the key segments in the market as they are less toxic and display high efficiency. Waterborne chemicals amongst other segments based on technology currently leads the wood prese...