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Stock impact report

Wood Preservative Market to Reach $2.1 billion, Globally, by 2033 at 5.5% CAGR: Allied Market Research [Yahoo! Finance]

Koppers Holdings Inc. Koppers Holdings Inc. (KOP) 
Last koppers holdings inc. koppers holdings inc. earnings: 2/27 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Manufacturers are developing water-based, bio-based, and eco-friendly wood preservatives as alternatives to traditional chemical treatments, meeting the preferences of environmentally-conscious consumers and businesses. WILMINGTON, Del. April 30, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Wood Preservative Market by Type (Water-based, Solvent-based, and Oil-based), and End-use (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the "wood preservative market" was valued at $1.3 billion in 2023, and is estimated to reach $2.1 billion by 2033, growing at a CAGR of 5.5% from 2024 to 2033. Prime determinants of growth Construction and infrastructure development sector is a significant driver for the wood preservative market. Wood preservatives are essential in protecting wood against decay, fungi, insects, and other environmental factors, thereby extending its lifespan and ens Show less Read more
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