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)
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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
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News
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KOP
Earnings
- 5/3/24 - Beat
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Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 144
- 5/6/24 - Form 4
- KOP's page on the SEC website