Global Copper Azoles Market: Snapshot
The copper azoles market has prospered on the back of advances made in improving the weathering performance of wood preservatives. The demand for wood preservatives products has witnessed an upshot in developed economies in recent years on account for better materials and additive formulations needed to control wood degradation problems. New avenues in the copper azoles market has come from the need for developing environmentally friendly products. When copper azoles are used in food-contact applications, their toxicity profile should be carefully assessed. A case in point is its use in growing raw agriculture commodities.
The use of copper azoles as water-based wood preservative for preventing wood decay from fungi and insects is gathering traction. It is registered for the treatment of wide variety of wood products and composites that are used for above- and below-ground, fresh water contact. Copper azole preservative is also used for wood that are used extensively in aquatic environments such as in decking applications. Two types of products available commercially in copper azoles market are dissolve copper and micronized copper.
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Global Copper Azoles Market: Key Drivers
Growing demand for copper azoles as water-based preservative for wood has stirred demand for a slew of additives that can reduce its performance as well as improve its toxicity profile. This has gathered traction particularly from new wood preservative active ingredients getting registered by prominent regional agencies such as the EPA. Rising uptake of such productions in wood preservative industry are opening new avenues in the copper azoles market.
Rapid pace of construction in various developing regions has spurred the demand for treated wood, which in turn has augmented the demand for copper azole. Rising numbers of construction and residential projects in developing economies has further augmented the consumption volumes in the copper azoles market. The market is also likely to benefit from a growing body of studies on in vitro bioaccessibility of copper azole. Further, the copper azoles market has gained a robust impetus from the growing utilization of copper azole in freshwater dock constructions.
Global Copper Azoles Market: Notable Developments
New formulations are coming to the fore in the copper azoles market due to micronized copper azole supplanting chromated copper arsenate preservatives in wood treatment. The popularity of such formulation rides on the back of low toxicity of sanding copper-treated lumber. Growing numbers of interdisciplinary studies and research in developed worlds have given scope for key players for recalibrating their product development initiatives in recent years. This has also likely to have significant bearing on the competitive dynamics in the copper azoles market. However, recent array of products have declined in sheen to an extent owing to adverse health effects of copper azole-treated lumber (MCA). Among the popular alternatives are alkaline copper quaternary and borate.
Some of the prominent players operating in the global copper azoles market are Acuro Organics, Aljoma Lumber, Lonza Group AG, and Koppers.
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Global Copper Azoles Market: Regional Assessment
The various regions in the copper azoles market are Asia Pacific, Latin America, the Middle East and Africa, and North America. Of these, North America has shown remarkable prospect. A large part of the growth comes from favorable demands in the U.S. and Canada. The growth is further propelled by favorable regional landscape for the commercializing of wood preservation products, especially across the U.S. Further, the Asia Pacific copper azoles market is further expected to rise at a promising pace, with rising uptake of wood preservation products in China and India. The growth is fueled by rapid pace of urbanization in the market.
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The following regional segments are covered comprehensively:
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