Wood Coatings Market, by Resin Type (Polyurethane, Nitrocellulose, Polyester, Epoxy, Shellac (French Polish), Melamine and Others), by Technology (Water-borne, Solvent-borne and UV-CURING), by End User (Furniture, Siding, Flooring & Decking and Others) an

Wood Coatings Market, by Resin Type (Polyurethane, Nitrocellulose, Polyester, Epoxy, Shellac (French Polish), Melamine and Others), by Technology (Water-borne, Solvent-borne and UV-CURING), by End User (Furniture, Siding, Flooring & Decking and Others) and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Wood coating, commonly known as Topcoat, is used to protect hardwood surfaces against water, sunlight, oil, dust, and other household chemicals. Boards, frames, garden furniture and street furniture, modern furniture, replica furniture, kitchens, doors, furnishing accessories, and traditional flooring can all benefit from wood coatings. Wood coats make it easy to clean and disinfect wood. It also aids in the closure of pores that can serve as bacterial breeding grounds. Coatings are the final phase in the wood finishing process, and they provide a pleasing appearance to wooden surfaces. Wood coatings can also be used to create custom wooden designs. Wood finishing gives it a more appealing appearance, allows it to last longer, and increases its durability.

Market Dynamics

When compared to other technologies, solvent-borne coatings are more affordable, which is driving the global wood coatings market growth. Solvent borne coatings are typically utilized as liquid protective layers that are placed to the surface of a material to prevent corrosion. They are made up of organic compounds, and due to the drying feature of solvent-borne coatings, they have a higher toughness than aqueous coatings, making them a better alternative for corrosion control. Solvent-borne coatings also have a little benefit over waterborne coatings in that they work well even in humid situations, when the latter fails to cure properly.

Moreover, the market is being driven by an increase in construction and remodeling activity. Many modern constructions require the use of wood and coatings are required to protect these woods. As a result, the need for wood finishing has increased in recent years. The increase in new constructions may lead to the market's high profitability. Furthermore, growing disposable income will drive the global wood coatings market. As disposable incomes rise in emerging countries, more money is invested in wood treatments.

However, the negative effects of this substance on the environment have resulted in stringent government controls. Coating production and application are limited in several areas. As a result, the adoption rate is decreasing.

Key features of the study:

  • This report provides an in-depth analysis of the global wood coatings market, market size (US$ Million & Kilotons), and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global wood coatings market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Akzo Nobel N.V., Axalta Coatings Systems, DowDuPont, Eastman Chemical Company, Kansai Paint Co., Ltd., BASF SE, Arkema SA, Ashland Inc., RPM International Inc., Hempel A/S, AkzoNobel N.V., Premium Coatings, Chemicals Pvt. Ltd., PPG Industries Inc., RPM International Inc., Katilac Coatings Inc. Jotun, Berger Paints India Limited, Asian Paints Limited, Sirca Paints, and Nippon Paint Co. Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global wood coatings market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wood coatings market
Detailed Segmentation:
  • Global Wood Coatings Market, By Resin Type:
  • Polyurethane
  • Nitrocellulose
  • Polyester
  • Epoxy
  • Shellac (French Polish)
  • Melamine
  • Others
  • Global Wood Coatings Market, By Technology:
  • Water-borne
  • Solvent-borne
  • UV-CURING
  • Global Wood Coatings Market, By End User:
  • Furniture
  • Siding
  • Flooring & Decking
  • Others
  • Global Wood Coatings Market, By Region:
  • North America
  • By Country:
  • U.S.
  • Canada
  • Latin America
  • By Country:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • By Country:
  • U.K.
  • Germany
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • By Country:
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Australia
  • Rest of Asia Pacific
  • Middle East & Africa
  • By Sub-region:
  • Middle East
  • Africa
  • Company Profiles
  • Akzo Nobel N.V.*
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Axalta Coatings Systems
  • DowDuPont
  • Eastman Chemical Company
  • Kansai Paint Co., Ltd.
  • BASF SE
  • Arkema SA
  • Ashland Inc.
  • RPM International Inc.
  • Hempel A/S
  • AkzoNobel N.V.
  • Premium Coatings
  • Chemicals Pvt. Ltd.
  • PPG Industries Inc.
  • Katilac Coatings Inc.
  • Jotun
  • Berger Paints India Limited
  • Asian Paints Limited
  • Sirca Paints
  • Nippon Paint Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Resin Type
Market Snippet, By Technology
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
PEST Analysis
PORTER’s Analysis
New Product Approvals/Launch
Promotion and Marketing Initiatives
4. Global Wood Coatings Market- Impact of Coronavirus (Covid-19) Pandemic
Overview
Factors Affecting Global Wood Coatings Market – COVID-19
Impact Analysis
5. Global Wood Coatings Market, By Resin Type, 2017 – 2030 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Polyurethane
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Nitrocellulose
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Polyester
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Epoxy
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Shellac (French Polish)
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Melamine
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Others
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
6. Global Wood Coatings Market, By Technology, 2017 – 2030 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Water-borne
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Solvent-borne
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
UV-CURING
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
7. Global Wood Coatings Market, By End User, 2017 – 2030 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Furniture
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Siding
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Flooring & Decking
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Others
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
8. Global Wood Coatings Market, By Region, 2017 – 2030 (US$ Million)
Introduction
Market Share Analysis, By Region, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Region, 2017 - 2030
North America
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Canada
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Latin America
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Mexico
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Argentina
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Rest of Latin America
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Europe
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.K.
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Germany
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Italy
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Spain
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Russia
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
France
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Rest of Europe
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Asia Pacific
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
India
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Japan
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
South Korea
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
ASEAN
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Australia
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Middle East & Africa
Market Share Analysis, By Sub-Region, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Sub-Region, 2017 - 2030
Middle East
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
Africa
Country Trends
Market Size and Forecast, By Resin Type, 2017- 2030 (US$ Million)
Market Size and Forecast, By Technology, 2017- 2030 (US$ Million)
Market Size and Forecast, By End User, 2017- 2030 (US$ Million)
9. Competitive Landscape
Market Share Analysis
Company Profiles
Akzo Nobel N.V.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Axalta Coatings Systems
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
DowDuPont
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Eastman Chemical Company
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Kansai Paint Co., Ltd.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
BASF SE
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Arkema SA
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Ashland Inc.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
RPM International Inc.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Hempel A/S
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
AkzoNobel N.V.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Premium Coatings
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Chemicals Pvt. Ltd.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
PPG Industries Inc.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Katilac Coatings Inc.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Jotun
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Berger Paints India Limited
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Asian Paints Limited
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Sirca Paints
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Nippon Paint Co. Ltd.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
References
Research Methodology
About Us and Sales Contact
*Browse 44 market data tables* and 32 figures* on “Global Wood Coatings Market” –Forecast to 2030

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