North America Wood Coatings Growth Opportunities

North America Wood Coatings Growth Opportunities

Sustainable Formulations will be a Transformative Megatrend, Driving Research & Development Initiatives

The North American wood coatings industry is experiencing a significant boost, driven by the growth of the construction sector. With rising environmental concerns, sustainable formulations and efficient application techniques are the key trends that will influence the North American wood coatings industry in the coming years. There is also an increased demand for customization, driving manufacturers to adopt more flexible manufacturing processes and new business models that can adapt to changing needs.

This study offers a detailed value chain analysis, segmenting the industry by key end-use application segments, namely, furniture & kitchen cabinetry, doors & windows, flooring, siding, and decking. For each segment, the study provides country-wise volume consumption and revenue estimates, including revenue and volume estimates by sub-segment. Revenue estimates and market share by formulation technology have also been provided, as well as key regional insights and trends for each end-use industry application.

The study identifies the factors that are driving and restraining growth in this industry and highlights the key growth opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2030.