Wood Coatings Market In North America 2024-2028
The wood coatings market in North America is forecasted to grow by USD 707.55 mn during 2023-2028, accelerating AT a CAGR of 5.09% during the forecast period. The report on the wood coatings market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of renewable and sustainable raw materials, advancements in nanotechnology, and growing demand for high-performance wood coatings.
Technavio's wood coatings market in North America is segmented as below:
By Product
- Stains and varnishes
- Shellacs
- Wood preservatives
- Others
By Technology
- Solvent-based
- Water-based
- Others
By Geography
This study identifies the growing adoption of user-friendly DIY wood coating products as one of the prime reasons driving the wood coatings market in North America growth during the next few years. Also, advancements in application techniques for wood coatings and rising number of NEW product launches by market vendors will lead to sizable demand in the market.
The report on the wood coatings market in North America covers the following areas:
- Wood coatings market in North America sizing
- Wood coatings market in North America forecast
- Wood coatings market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wood coatings market in North America vendors that include Akzo Nobel NV, Arkema Group, Axalta Coating Systems Ltd., BASF SE, Berkshire Hathaway Inc., Cabot Corp., Dow Chemical Co., Eastman Chemical Co., Engineered Polymer Solutions and Color Corporation of America, Evonik Industries AG, Kansai Paint Co. Ltd., Katilac Coatings, Koppers Holdings Inc., Lanxess AG, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., SAICOS Canada, The Sherwin Williams Co., and W. R. Grace and Co.. Also, the wood coatings market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.