US Wood Preservative Chemicals Market to Surpass $425 Million by 2010 According to New Report by Global Industry Analysts Inc
Riding past a long history of over 100 years, the global wood preservative chemicals industry has transformed into a mature market. Wood preservative chemicals are aimed at enhancing the useful life of wooden materials used in industrial and residential applications. Growth in the wood preservative chemicals market is determined by the existing global and regional trends in the construction industry, and is influenced by environmental policies, legislations, and climate. The industry is experiencing an era of emerging technologies and new product developments. With the voluntary phase out of CCA from residential applications, its consumption has witnessed a continuous decline. As a result, the demand for alternative wood preservatives such as Ammoniacal Copper Quaternary (ACQ), Copper Naphthenate, and Borates has witnessed a substantial rise. The market for wood preservative chemicals is expected to be driven by the increasing demand for engineered wood composites such as Oriented Strand Board, and Parallel Strand Lumber.
In the United States consumption of wood preservatives in decking, the single largest end-use application, is estimated at US$132 million for 2007, as stated in a recent report published by Global Industry Analysts, Inc. Due to the voluntary withdrawal of CCA from residential applications in the United States from the year 2004, Chromated Copper Arsenate market (
US Wood Preservative Chemicals Market to Surpass $425 Million by 2010 According to New Report by Global Industry Analysts Inc