The acetylated wood is produced through the acetylation process which convert the free hydroxyls of wood into acetyl group. This effectively reduces the absorption of water during rainy seasons in wood. Acetylated wood doesn’t have any chemicals injected into it unlike other treated woods, which makes it unique and beneficial.
The global acetylated wood market report sheds light on the current market condition by conducting over 280 hours of secondary and primary research. In accordance to the report, the global acetylated wood market is growing its sphere of influence and growing popular. This market is forecasted to reach US $ xxxx million dollars by the year end of 2023 which is now valued at US $ xxx billion dollars in 2018 growing at a striking growth rate of xx% annually.
The acetylated wood has several purposes and significance in the real world. It is widely used for decking in various areas. The wood produced is used for door and window panels, as it is very durable and strong substance. Facades, sidings, and claddings also use this wood for a high-quality finish. The wood is also incorporated in various garden and outdoor furniture as well as play frames. Industries like marine, construction and architectural industries use the acetylated wood.
The major factors that contribute to the growth of the acetylated wood market include the quality and durability of the product. It is in great demand in the civil construction industry due to its reliability. It also adds a very beautiful look compared to other woods. These days it is vastly incorporated in street and home furniture. It can be used as sound barriers too. Even marine industries find these acetylated woods useful on a large scale. Due to the huge extent of utility, the acetylated wood market is seen to have grown over the past few years.
Even though the acetylated wood has a wide range of application and advantages, it also has disadvantages that limit its growth potential. Acetylation of wood lowers the shear strength parallel to the grain, reduce adhesive property, leads to the permanent smell of acetic acid on the wood, and corrode the metal faster used along with the acetylated wood. These factors may hamper the growth of the acetylated wood market.
The regions that are covered in the acetylated wood markets include Europe, Asia Pacific, North America, South America, the Middle East, and Africa. A rapid growth of the acetylated wood market can be expected in areas such as Austria, Denmark, France, Germany, Italy and other regions of Europe.
Key participants of acetylated wood market include Accoya, Eastman Chemical Company, Arnold Laver, Tricoya Technologies, Evorich Holdings, and Solvay Group.
Our Approach
The research procedure starts with the bifurcation of the different global acetylated wood market segments which is then results in the identification of the determinants affecting the growth of every market segment. Later, the market forecasts are done based upon the inputs given by the business leaders across the global acetylated wood industry value chain. Market Krystal conducted additional 40 interviews for this study, the particulars of which are mentioned below:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (20), Asia (20%), Europe (60%)
By designation:
Top level (40%), Operation level (25%), Mid-level (35%)
Contents of the report:
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