Jan 24 2011
The US and Europe represent major markets for wood preservative chemicals. The markets witnessed a decline in demand during 2008-2009 primarily because of the slump in the macro economy.
However, the markets bottomed out of the recession and displayed signs of recovery by 2010. Factors such as rebound of the business in the real estate sector, demand from existing wood housing and decks segment, and growing domestic demand for coatings are likely to steer growth for wood preservative chemicals. Increasing use of high value durable coatings offering the benefits of hassle-free clean up are also likely to add to the demand. Moreover, use of wood coatings in indoor applications, consistent manufacture of pressure treated lumber, construction-related repair activities, and product upgradation would further bolster the demand for wood coatings.
Decking represents the largest end-use application for wood preservative chemicals in the US, as stated by the new market research report on Wood Preservative Chemicals. Fencing and Railroad Products represent other major end-use applications for wood preservative chemicals. However, revenues for wood preservative chemicals from Landscape Products end-use segment are projected to register fastest growth over the years 2007 through 2015. In terms of volume sales, Creosote and Pentachlorophenol product segments dominate the US wood preservative chemicals market.
Interior wood application segment, driven by the revival of housing sector and increase in the purchase of residential products is likely to increase demand for various wood protection products in comparison to the exterior segment. Demand for wood protection products is expected to stem from various interior wood applications such as wood cabinets and wood flooring. On the other hand, growing performance and environmental issues are being attributed as the major factors driving gains for greener or superior value wood preservatives. Growing concerns over the emission of volatile organic compounds, capable of affecting the environment during the process of coating, has paved way for the launch of various eco-friendly solutions such as radiation-cured coatings, water based coatings and powder coatings. Moreover, coatings that come with other enhanced performance features such as the ability to be used for dual purposes, and improved durability have also succeeded in grabbing considerable attention of the consumers. Development of wood preservatives without the use of harmful or toxic materials such as copper, arsenic or chromium is on the rise, thanks to the increased awareness about the harmful affects caused to the environment.
Major players profiled in the report include Arch Chemicals Inc., BASF Corporation, Buckman Laboratories International Inc., Janssen Preservation and Material Protection, KMG Chemicals Inc., Kop-Coat Incorporated, Lonza Group Ltd, Lapeyre SA, Obermeier GmbH & Co. KG, Osmose Inc., Rio Tinto Borax, RUETGERS Organics GmbH, and Viance LLC.
The research report titled “Wood Preservative Chemicals: A US & European Market Report” announced by Global Industry Analysts Inc., provides a comprehensive review of current market trends, impact of recession on the markets, key growth drivers, product overview, over of end-use applications, environmental & regulatory issues, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections in terms of value for the US Wood Preservative Chemicals market for the years 2007 through 2015 for the following end-use applications - Decking, Landscape Products, Railroad Products, Utility Poles, Fencing and Others. Key product segments analyzed in volume terms for the US market include Creosote, Pentachlorophenol, Chromated Copper Arsenate (CCA) and Others. European Wood Preservative Chemicals market is analyzed in terms of value as a consolidated whole with no granular level breakup offered for product segment or end-use application. Also, a seven-year (2000-2006) historic analysis is provided for both the markets for additional perspective.