Growing Use of Wood in Residential and Commercial Construction Continues to Drive Demand for Wood Preservative Chemicals
Global market for Wood Preservative Chemicals is projected to reach US$2.6 billion by 2025 , driven by the increasing use of wood and wood products in construction industry, and the subsequent need to protect wood against deterioration. Wood is among the most indispensable natural resources, and plays a vital role in a variety of human activities including construction of buildings and furnishing interiors. As an important and economical construction and building material, wood is used in a wide range of indoor and outdoor applications in residential, commercial and industrial sectors. However, with wood prone to decay and decomposition and also at risk from fire, wood preservation products including chemicals are used for protecting wood and wood products against attack by bacteria, fungus or insects, and prolonging its life. Global market for wood preservative chemicals continues to be driven by the rising demand for wood and wood-based products from varied applications and the...