Wood Preservative Chemicals and Coatings Active Ingredients Market Trends

Global Sales of Wood Preservative Chemicals and Coatings Active
Ingredients to Reach US$ 241.3 Mn over 2025
Persistence Market Research is its latest report projects that the global wood
preservative chemicals and coatings active ingredient market will witness a miniscule
CAGR of 2.9% in terms of production volume during the forecast period (20172025). Active ingredients facilitate long wood life by keeping it safe from the attacks
of fungus, insects or bacteria. However, active ingredients are usually used in small
quantities, as they have adverse effects on both human health and the environment.
Moreover, stringent environmental regulations in regions such as North America and
Europe are restricting widespread use of wood preservative chemicals and coatings.
Correspondingly, these regulations also mandate certain precautionary measures
while manufacturing such active ingredients. The aforementioned factors have
significantly impacted the global active ingredients supply for wood preservation.
PMR’s report titled “Wood Preservative Chemicals and Coatings Active Ingredient
Market: Global Industry Analysis and Forecast, 2017-2025” further reveals that
increasing concerns over health risks associated with wood preservatives have been
majorly limiting the overall growth of the market. Of late, an alarming rise in
incidences of carcinomas, adenomas, malignant phenochromocytomas and
hemangiomas has been observed, which is primarily attributed to the increased
exposure to pentachlorophenols present in wood preservatives. Many of such
preservatives can often be the cause of lethal health hazards. Therefore,
manufacturers are shifting towards products which are sustainable and are safer for
use in the human vicinity. Development of eco-friendly active ingredients for wood
preservative chemicals such as azoles, IPBC, and permethrin is expected to shape the
dynamics of the market in the forthcoming years. Janssen Preservation & Material
Protection, Lanxess AG, BASF Wolman GmbH, Kurt Obermeier, GmbH & Co. KG,
RUTGERS Organics GmbH, Sarpap & Cecil Industries, Koopers Holdings Inc,
Lonza Group AG, Troy Corporation, Akzo Nobel N.V. and PPG Industries, Inc. are
some of the leading market players profiled in the PMR’s report.
Download Report Table of Content, Figures, and Tables @
Key Excerpts from the Report include:
Towards the end of the assessment period, organic active ingredients are expected to
account for around 85.8% value share of the market. Whereas, demand for inorganic
active ingredients will continue to drop further during the same., In 2016, 50% of the
active ingredient sold were of UC 3 – outdoor use class, which is expected to
continue record relatively higher sales throughout the forecast period.
Amongst regions, the market in Asia-Pacific excluding Japan (APEJ) is expected to
remain dominant over 2025. The region is expected to account for approximately
38.7% revenue share of the market by 2017-end. In addition, China is expected to
emerge as a key production as well as consumption base for wood preservative
chemicals and coatings active ingredient in the near future. Meanwhile, in North
America and Europe, countries such as the U.S. and Germany is expected present
lucrative business opportunities for manufacturers.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/woodpreservative-chemicals-and-coatings-active-ingredients-market.asp
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