Fire Retardant Treated Wood (FRTW) is wood that has been treated with chemicals to make it more fire resistant. This process usually involves applying a chemical solution to the wood, which is then heated and pressurized. The result is a product that is more resistant to fire and heat than untreated wood. FRTW is commonly used in construction, such as roofing and flooring, as well as in furniture, cabinetry, and other interior applications.
The use of FRTW is becoming increasingly popular around the world due to its fire retardant properties. In the United States, the National Fire Protection Association (NFPA) has developed standards for the use of FRTW in commercial and residential construction. In Europe, the European Union has also developed standards for the use of FRTW in construction. In addition, countries such as China, Japan, and India have also started to use FRTW in their construction projects.
Overall, the use of FRTW is becoming more widespread around the world, as its fire retardant properties are recognized and valued by many countries. It is a safe and cost-effective solution for reducing the spread of fire and protecting property and lives.
The global Fire Retardant Treated Wood market was valued at US$ 295 million in 2022 and is anticipated to reach US$ 384.2 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Fire Retardant Treated Wood Market available at: https://www.themarketreports.com/report/global-fire-retardant-treated-wood-market-research-report
This report aims to provide a comprehensive presentation of the global market for Fire Retardant Treated Wood, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fire Retardant Treated Wood.
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%.
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