Wood Acetylation Market Size Share - Industry Trends and Forecast 2017 - 2025
"The
Report Wood
Acetylation Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
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Acetylation, also known as
ethanoylation, is a process of adding an acetyl functional group to a
chemical compound. Under this process, a hydrogen atom of hydroxyl
group is replaced with an acetyl group. Replacement of hydroxyl group
with acetyl group leads to the formation of a specific ester. Acetic
anhydride is one of the commonly used acetylating agents in the
acetylation process.
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Wood acetylation is the process
of acetylation of wood and wood products for preservation of wood
from various insects, microbes, and other environmental factors. The
process chemically modifies wood and wood products, and protects them
from various factors affecting wood products. Acetylation of wood
reduces hygroscopicity, and increases dimensional stability and
resistance to biological attack. Under the wood acetylation process,
the wood is reacted with acetic anhydride, resulting in
esterification of hydroxyl group present in the cell wall of the
wood. The byproduct formed through this reaction is removed, as
treated wooden products are used in various applications. The
byproduct generated causes irritation to the human nose, as the nose
is sensitive to the odor of acetic acid. The wood acetylation process
is easy to carry out in case of wood particles and fibers; however,
the process is somewhat difficult in case of solid wood.
Based upon application, the
wood acetylation market can be divided into furniture & decking,
marine, construction, and others. The furniture & decking segment
held major share of the global wood acetylation market in 2016.
Acetylated wood lasts for longer period of time and offers better
performance compared to other chemically treated wood products that
get affected easily by microbes and various other factors. The marine
segment is projected to expand at a faster CAGR compared to other
application segments across the globe. Growth in the marine segment
is projected to boost the wood acetylation market. Construction and
others segments constituted average share of the global wood
acetylation market in 2016. These segments are anticipated to expand
at average CAGR during the forecast period.
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Asia Pacific is one of the key
regions of the global wood acetylation market. It held the major
share of the global market in 2016. The market in the region is
anticipated to expand at a rapid pace during the forecast period due
to the rise in standard of living and increase in population in the
region, North America and Europe follow Asia Pacific. Demand for wood
acetylation in Asia Pacific is projected to rise at a rapid pace
during the forecast period. Increase in demand for furniture &
decking in countries such as China and India due to the rise in
income and improvement in standard of living of the people is one of
the reasons for growth of wood acetylation market in Asia Pacific
region. Growth of the construction industry and increase in demand
for decking materials in North America and Europe are projected to
augment the demand for these in the region. Latin America and Middle
East & Africa accounted for low share of the wood preservative
chemicals market in 2016, as wood and wood products are not used on a
large scale for construction purposes in these regions.
Key players operating in the
wood acetylation market across the globe include Eastman Chemical
Company, Tricoya Technologies, Arnold Laver, Evorich Holdings, and
Solvay Group.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
The study is a source of
reliable data on:
Market segments and
sub-segments
Market trends and dynamics
Supply and demand
Market size
Current
trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder
analysis
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The regional analysis
covers:
North America (U.S. and
Canada)
Latin America (Mexico,
Brazil, Peru, Chile, and others)
Western Europe (Germany,
U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands,
and Luxembourg)
Eastern Europe (Poland and
Russia)
Asia Pacific (China, India,
Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa
(GCC, Southern Africa, and North Africa)
The report has been compiled
through extensive primary research (through interviews, surveys, and
observations of seasoned analysts) and secondary research (which
entails reputable paid sources, trade journals, and industry body
databases). The report also features a complete qualitative and
quantitative assessment by analyzing data gathered from industry
analysts and market participants across key points in the industry’s
value chain.
A separate analysis of
prevailing trends in the parent market, macro- and micro-economic
indicators, and regulations and mandates is included under the
purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop
analysis, which includes an assessment of the parent market
Important changes in market
dynamics
Market segmentation up to
the second or third level
Historical, current, and
projected size of the market from the standpoint of both value and
volume
Reporting and evaluation of
recent industry developments
Market shares and
strategies of key players
Emerging niche segments and
regional markets
An objective assessment of
the trajectory of the market
Recommendations to
companies for strengthening their foothold in the market
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