About Chromated Copper Arsenate
Chromated copper arsenate is a chemical preservative that is used for the protection of wood from rotting because of its insects and microbial agents. This chemical has been utilized for pressure-treated lumber. In the residential industry, the majority of the wood used was CCA-treated wood. It is known as a registered chemical pesticide that is used for application in the United States Environmental Protection Agency's regulation. Chromated copper arsenate is known as a wood preservative that has been highly used for the protection of wood from deterioration.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global chromate copper arsenate market is strongly competitive and covers some of the major market players. In terms of market share, some of the leading players are highly dominating the global market. These market players are highly focused on strategic collaborative initiatives that enhance their market share and improve their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Chromated Copper Arsenate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Koppers Inc. (United States), Lonza (Switzerland), Viance, LLC (United States), Dolphin Bay (South Africa), Goodfellow Inc. (Canada), Nantong BoDa Biochemistry Co., Ltd. (China), South Caribbean Supplies Ltd. (Canada) and HIPPOCAMPUS OU (Estonia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Chromated Copper Arsenate market by Type (CCA-A, CCA-B and CCA-C), Application (Agricultural Timber & Poles, Building and Fencing, Utility Poles and Others) and Region.
On the basis of geography, the market of Chromated Copper Arsenate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Direct Sales will boost the Chromated Copper Arsenate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Utility will boost the Chromated Copper Arsenate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Investment in Research and Development
Market Growth Drivers:
Growing Demand for the Demand for Treated Wood, Development in Various Industry Verticals Such as Construction, Agriculture, and Others and Increase Disposable Incomes in Emerging Economies
Challenges:
Disruption in Supply Channels Because of Sudden Occurrence of COVID-19 Pandemic
Restraints:
Fluctuation in the Prices of Raw Materials and Trade Barriers
Opportunities:
Development in Preservative Industry, Growing Application of Woods Across Various Sectors and Development of Emerging Technologies for Wood Preservation
Market Leaders and their expansionary development strategies
In 2022- The Raw Materials Research and Development Council (RMRDC) in collaboration with stakeholders towards upgrading the production of copper sulfate in order to create jobs, boost the agricultural sector and enhance Nigeria’s Gross Domestic Production
The U.S. Environmental Protection Agency is officially canceling the highly toxic wood preservative pentachlorophenol. As one of the most dangerous pesticides ever produced, Penta poses unacceptable risks to workers and surrounding communities, which often became superfund sites once manufacturing plants closed.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Chromated Copper Arsenate Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.