Posts

Showing posts with the label Wood Preservatives Market Scope

Wood Preservatives Market Growth Accelerated by Sustainable Practices

Image
  Wood preservatives are formulated chemical products used to protect wood from decomposition by fungi, insects, and other micro-organisms. The rising residential construction activities and the subsequent increase in the demand for wood materials have fueled growth of the wood preservatives market. The global wood preservatives market is estimated to be valued at US$ 1,377.8 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growing focus on sustainable preservative chemicals is one of the key trends bolstering the growth of the wood preservatives market. Traditionally, harmful chemicals such as creosote, arsenic, and pentachlorophenol were widely used as wood preservatives. However, tighter regulations regarding the use of such dangerous chemicals are prompting producers to shift toward safer and eco-friendly alternatives. Natural preservatives extract...

The global Wood Preservatives Market Growth Accelerated by Increasing Infrastructure Development Projects

Image
  Wood preservatives are chemicals that are applied to wood in order to protect it from damage caused by insects, molds and fungus. Wood preservatives increase the life of wood which makes it suitable for various outdoor applications such as fencing, decking, landscaping and others. There is growing demand for wood preservatives from infrastructure development sector such as construction of bridges, railways sleepers and others. The global Wood Preservatives Market is estimated to be valued at US$ 1,377.8 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing infrastructure development projects such as construction of roads, bridges and railways in various regions is one of the major factors driving the growth of the wood preservatives market. Wood finds wide application in infrastructure projects as it is a sustainable and affordable material. Ac...