wood preservatives market

  Increasing construction of residential and non-residential buildings in developing economies is driving the global wood preservatives market. Wood Preservatives Market Size – USD 1,313.2 Million in 2019, Growth – at a CAGR of 5.0%, Trends – Increasing usage of bio-based wood preservatives The global  wood preservatives market  is expected to reach value of USD 1,899.8 Million by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing need to control wood degradation issues caused by decay or fungal rot, molds, sap stain, and wood-destroying insects. Growth of the construction industry led by the rising expenditure on construction activities in developing economies is projected to drive the demand for wood preservatives during the forecast period. The rising necessity to increase service life of wood and to reduce the need for frequent replacements of wood, causing addition to deforestation, has led to the rising adoptio