Demand for wood protection coatings and preservatives is expected to advance 4.5 percent per year through 2018 to $4.8 billion, according to a new study from the Cleveland-based Freedonia Group Inc. Growth in the industry primarily will be driven by a rebound in residential construction activity, according to the study, titled “Solvents.”

“Further advances will be restrained by the rising use of non-wood materials in several key applications,” says analyst Katherine Brink. “Coatings and preservatives will be limited in siding, where wood is forecast to account for a shrinking share of demand and faces fierce competition from alternative materials.”

In decking applications, although wood still dominates, plastic composite decking continues to erode wood’s share, which also puts a dent in wood protection product sales, according to the report.

Demand for coatings is projected to rise 4.7 percent annually through 2018. The study also reports that demand for new coatings in construction-related applications will be the primary impetus for accelerating demand gains through 2018. Demand for wood preservatives is expected to increase 2.7 percent annually through 2018. Gains will be supported by the rising production of pressure-treated lumber as construction activity rebounds.

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