Global Fire Retardant Treated Wood Market Will Grow at a CAGR 3.1% and Reach USD 1030 Million by 2023, from USD 850 Million in 2017
New Global Fire Retardant Treated Wood Consumption Market 2023 Report Covers market forecast and top Companies like Hoover Treated Wood Products, Lonza, Koppers, Foreco, Flameproof Companies and others.
Lewes, DE -- (SBWire) -- 12/17/2018 --Global Fire Retardant Treated Wood market will register a 3.1% CAGR in terms of revenue, reach US$ 1030 million by 2023, from US$ 850 million in 2017.
This report studies the Fire Retardant Treated Wood market, from angles of players, regions, product types and end industries, to analyze the status and the future.
Whether installing fire-rated panels due to personal safety concerns or because of adherence to the specific building codes and jurisdiction in which you live, is important to know something about the various aspects of fire retardant treated (FRT) wood and its benefits. Fire retardant treating is available for both plywood and for building lumber, which together comprise the majority of the structural wood elements for most buildings. The sections below will describe the types of FRT wood available, how they are made, and their various uses.
Creation of FRT Wood
Fire retardant wood products are typically created through the use of organic and inorganic salts, which are infused into the wood through water-based solutions under pressure. The end result is a product that has 2.5 to 5.0 pounds of salts per cubic foot of wood product. Not all species of wood are treatable, and the species that is certified for treatment for lumber may not necessarily be certified for treatment as plywood and vice-versa.
Mechanism of Fire Retarding Wood Products
Fire retardants in wood work through two primary mechanisms. The first is reduction of wood flammability by reducing flame travel rate, thereby slowing down the combustion process. Secondly, the chemicals reduce the rate which heat is released from the wood during a fire. The fire retardants alter the vapors released during the combustion process by making them less volatile.
United States ranks the top in terms of sales volume of Fire Retardant Treated Wood worldwide, it consists of 30.81% of the national market in 2017. Europe comes the second, with 24.47% of the global market. All the other regions combined occupies 44.72% of the global Fire Retardant Treated Wood market.
Lonza ranks the first in terms of revenue share in global market of Fire Retardant Treated Wood, occupies 11.54% of the global market share in 2017; While, Hoover Treated Wood Products, with a market share of 7.80%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 80.66% of the global market in 2017.
Over the next five years, study projects that Fire Retardant Treated Wood will register a 3.1% CAGR in terms of revenue, reach US$ 1030 million by 2023, from US$ 850 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Fire Retardant Treated Wood market by product type, application, key manufacturers and key regions.
To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Flame Spread 5-15(Including 15)
Flame Spread 15-25
Segmentation by application:
Interior Applications
Exterior Applications
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Hoover Treated Wood Products
Lonza
Koppers
Foreco
Flameproof Companies
Viance
Metsä Wood
Shuyang Sen Qiya
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fire Retardant Treated Wood consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Fire Retardant Treated Wood market by identifying its various subsegments.
Focuses on the key global Fire Retardant Treated Wood manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fire Retardant Treated Wood with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fire Retardant Treated Wood submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Spanning over 135 pages "Forecast of Global Fire Retardant Treated Wood Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Fire Retardant Treated Wood by Players, Fire Retardant Treated Wood by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Fire Retardant Treated Wood Market Forecast, Key Players Analysis, Research Findings and Conclusion.
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