Fire Retardant Treated Wood Market is Expected to Clock a Notable 3.8% CAGR During the 2022-2028

Fire Retardant Treated Wood (FRTW) is wood impregnated with chemicals during manufacture that, when tested, has a flame spread index of 25 or less and no evidence of significant progressive combustion when the test is continued for an additional 20 minutes. In short, FRTW does not support combustion and its burning rate is limited when flame is applied. However, FRTW is still considered combustible.

Global Fire Retardant Treated Wood key players include Hoover Treated Wood Products, Koppers, Mets Wood, etc. Global top three manufacturers hold a share over 40%.

North America is the largest market, with a share over 40%, followed by Asia Pacific and Europe, both have a share about 50 percent.

In terms of product, 15-25 FSR is the largest segment, with a share about 75%. And in terms of application, the largest application is Interior Applications, followed by Exterior Applications.

The global Fire Retardant Treated Wood market was valued at US$ 285 million in 2020 and it is expected to reach US$ 369 million by the end of 2027, growing at a CAGR of 3.8% during 2021-2027.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Flame Spread Rate 5-15(Including 15)
  • Flame Spread Rate 15-25

Segment by Application

  • Interior Applications
  • Exterior Applications

By Company

  • Hoover Treated Wood Products
  • Lonza
  • Koppers
  • Foreco
  • Flameproof Companies
  • Viance
  • Mets Wood
  • Shuyang Sen Qiya

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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