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Wood Preservatives Market Racing Towards $1.7 Billion by 2025

The wood preservatives market is experiencing significant growth due to the rising demand for treated wood in construction and infrastructure projects. Key drivers include increased awareness of the need for wood protection against pests, decay, and weathering. Regulatory support for environmentally friendly preservatives and advancements in technology are shaping the market's trajectory.

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Wood Preservatives Market Racing Towards $1.7 Billion by 2025

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  1. Wood Preservatives Market worth $1.7 Billion by 2025- Exclusive Report by MarketsandMarkets™ The report "Wood Preservatives Market by Formulation (Water-Based, Oil-Based, Solvent-Based), Application (Residential, Commercial, Industrial), and Region (North America, APAC, Europe, South America, Middle East and Africa) - Global Forecast to 2025", The global wood preservatives market size is expected to grow from USD 1.3 billion in 2020 to USD 1.7 billion by 2025, at a CAGR of 5.1 % during the forecast period. Wood preservatives are used across the application, such as residential, commercial, and industrial. In the wood preservatives market, residential is the key end-use industry owing to the wide applications of these wood preservatives market. Get PDF Brochure for Research Insights at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=26944487 The water-based wood preservatives formulation segment is expected to register the highest CAGR in the global wood preservatives market during the forecast period. The water-based will continue to lead the wood preservatives market, accounting for a share of 75% of the overall market in 2019 terms of value. This was due to the increasing demand for water-based wood preservatives in the decking, fencing, and landscaping sub-applications are expected to witness high growth in the next five years. The effectiveness of the copper-based wood preservatives has increased their demand in the wood preservatives market. Most of the copper-based wood preservatives are water-based formulations. Therefore, the water-based wood preservatives market is expected to dominate, globally, during the forecast period.

  2. North America is expected to hold the largest market share in the global wood preservatives market during the forecast period. North America accounted for the largest share of the wood preservatives market in 2020. The demand for wood preservatives is increasing in North America due to the increased usage of wood in the residential and industrial sectors. The rising construction industry, supported by heavy investments for infrastructural developments, is providing new opportunities for the wood preservatives manufacturers operating in this region. Share Your Requirements & Get Customized Reports at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=26944487 Koppers (US), Lonza (Switzerland), Lanxess (Germany), Cabot Microelectronics (US), BASF Wolman (Germany), and Troy (US) are the leading wood preservatives manufacturers globally.

  3. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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