Fire Retardant Treated Wood Market Size, Share, And Forecast 2032
Fire Retardant Treated Wood Market By Product (Interior Fire-Retardant Treated, Exterior Fire-Retardant Treated), By Application (Residential Constructions, Institutional Buildings, Commercial Buildings), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1037.48 Million | USD 1,413.98 Million | 3.50% | 2023 |
Fire Retardant Treated Wood Market: Size
The global fire retardant treated wood market size was worth around USD 1037.48 million in 2023 and is predicted to grow to around USD 1,413.98 million by 2032 with a compound annual growth rate (CAGR) of roughly 3.50% between 2024 and 2032.
The report covers forecast and analysis for the fire retardant treated wood market on a global and regional level. The study provides historic data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million).
Fire Retardant Treated Wood Market: Overview
Fire retardant treated wood applications have grown leaps and bounds in the recent years. These applications have gained awareness and momentum due to their advanced features and benefits. Fire retardant treated wood is now widely used in residential constructions, institutional buildings, and commercial buildings applications such as in paneling, architectural millwork, beams, interior load bearing, non-load bearing partitions zone, and roof assemblies/trusses. Fire retardant treated wood offers better protection against fire; infusing fire retardants into the wood fiber offers more durable protection in comparison with surface coatings. Fire retardant treated wood also play an important role in the initial fire, especially in escape routes, since those are required to be without any furniture and furnishing. Construction sectors are expecting more vertical applications of fire retardant treated wood manufacturing in the near future.
Fire retardant treated wood industry has seen the release of various innovations that retard the spread of flame and limit production of smoke from wood in fire situations. The manufacture and application of wood preservatives are governed by CAN/CSA-O80 series of Standards. These consensus-based standards dictate the wood species that may be treated. Rapidly growing construction industry across the globe upsurge the demand for flameproof materials, thus augmenting the growth of fire retardant treated wood market in the coming years.
The study includes drivers and restraints for the fire retardant treated wood market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the fire retardant treated wood market on a global level.
Fire Retardant Treated Wood Market: Segmentation
Base on product, the interior fire-retardant treated segment held major revenue share in 2018 and is expected to grow at highest CAGR over the forecast period. The growth is attributed to rising renovation and construction activities.
Based on application, the market is segmented into residential constructions, institutional buildings, commercial buildings.
Fire Retardant Treated Wood Market Report Scope :
| Report Attributes | Report Details |
|---|---|
| Report Name | Fire Retardant Treated Wood Market Research Report |
| Market Size in 2023 | USD 1037.48 Million |
| Market Forecast in 2032 | USD 1,413.98 Million |
| Compound Annual Growth Rate | CAGR of 3.50% |
| Number of Pages | 148 |
| Forecast Units | Value (USD Million) |
| Key Companies Covered | Lonza, Shuyang Sen Qiya, Foreco, Hoover Treated Wood Products, Koppers, Viance, Mets Wood and Flameproof Companies |
| Segments Covered | By Product, By Application and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
| Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
| Base Year | 2023 |
| Historical Year | 2018 - 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Fire Retardant Treated Wood Market: Regional Analysis
North America dominated the global fire retardant treated wood market over the forecast period. Rising use of fire retardant treated wood in the construction industry on account of fire protection is expected to drive industry growth in North America over the forecast timeline. Asia Pacific is expected to grow at highest CAGR over the forecast period. The growth is attributed to rising construction activities in the region.
Fire Retardant Treated Wood Market: Key Players Analysis
Some of the key players operating in the global fire retardant treated wood market include:
- Lonza
- Shuyang Sen Qiya
- Foreco
- Hoover Treated Wood Products
- Koppers
- Viance
- Mets Wood
- Flameproof Companies
- Among others
Global Fire Retardant Treated Wood Market: Product Segment Analysis
- Interior Fire-Retardant Treated
- Exterior Fire-Retardant Treated
Global Fire Retardant Treated Wood Market: Application Segment Analysis
- Residential Constructions
- Institutional Buildings
- Commercial Buildings
Global Fire Retardant Treated Wood Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Table Of Content
Methodology
FrequentlyAsked Questions
Fire retardant treated wood is now widely used in residential constructions, institutional buildings, and commercial buildings applications such as in paneling, architectural millwork, beams, interior load bearing, non-load bearing partitions zone, and roof assemblies/trusses.
According to the Zion Market Research report, The fire retardant treated wood market size accounted for around USD 1037.48 million in 2023, with a compound annual growth rate (CAGR) of roughly 3.50% between 2024 and 2032.
North America dominated the global fire retardant treated wood market over the forecast period.
Some of the key players operating in the global fire retardant treated wood market include Lonza, Shuyang Sen Qiya, Foreco, Hoover Treated Wood Products, Koppers, Viance, Mets Wood and Flameproof Companies among others.
According to the Zion Market Research report, The fire retardant treated wood market size accounted for around USD 1,413.98 Million by 2032.
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