Wood Preservative Chemicals and Coatings Active Ingredient

Global Market Study on Wood Preservative Chemicals and Coatings Active Ingredients: Asia
Pacific and Europe Collectively Estimated to Account for About 3/5th of the Global Market
Value Share by 2017 End
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 (2017-2025). 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.
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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.
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.
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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.