Introduction
Wood Coatings Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. Wood coating is widely used in the protection and refinement of wood or wood made structures. It helps in increasing the product life. Moreover, the use of wood coating enhances the visual cues of wooden object, thereby helping in marketing of the product.
Increase in disposable income of consumers and improvement in standard of living in developing economies such as India and China are the key factors are fueling the demand for modern furniture, which in turn is expected to drive the demand for wood coatings.
Geographical Overview
At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. This is attributed to the fact that increased use of VOCs in the production of wood coatings has harmful impact on environment. In addition, volatile raw material prices hinder the wood coatings market growth.
Segmental Overview
Wood Coatings Market is segmented as per below specifications -
By Product Type:
• Polyurethane
• Acrylics
• Nitrocellulose
• Unsaturated Polyester
• Others
By Consumption:
• Furniture
• Joinery
• Flooring
• Others
By Distribution Channel:
• Waterborne
• Conventional Solid Solvent Borne
• High Solid Solvent Borne
• Powder Coating
• Radiation Cured
• Others
Competitor Analysis
Wood Coatings Market has presence of some of the key major players across globe which includes
• Akzo Nobel N.V.
• Axalta Coatings Systems
• BASF SE, Dow DuPont
• Eastman Chemical Company
• Kansai Paint Co., Ltd.
• Nippon Paints Holdings Co. Ltd.
• PPG Industries Inc.
• RPM International Inc.
• Sherwin Williams Company
• Ashland Inc.
• Arkema SA
• Hempel A/S
• ICI Paints
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Wood Coatings Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Wood Coatings Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Wood Coatings Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Akzo Nobel N.V.
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Axalta Coatings Systems
6.3 BASF SE, DowDuPont
6.4 Eastman Chemical Company
6.5 Kansai Paint Co., Ltd.
6.6 Nippon Paints Holdings Co. Ltd.
6.7 PPG Industries Inc.
6.8 RPM International Inc.
6.9 Sherwin Williams Company
6.10 Ashland Inc.
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Wood Coatings Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Polyurethane
8.2 Acrylics
8.3 Nitrocellulose
8.4 Unsaturated Polyester
8.5 Others
Chapter 9 Global Wood Coatings Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Furniture
9.2 Joinery
9.3 Flooring
9.4 Others
Chapter 10 Global Wood Coatings Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Waterborne
10.2 Conventional Solid Solvent Borne
10.3 High Solid Solvent Borne
10.4 Powder Coating
10.5 Radiation Cured
10.6 Others
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Wood Coatings Market, by Region, 2017 - 2025 (USD Billion)
Table2 Global Wood Coatings Market, by Product Type, 2017 - 2025 (USD Billion)
Table3 Global Wood Coatings Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table4 Global Wood Coatings Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table5North America Wood Coatings Market2017 - 2025 (USD Billion)
Table6North America Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table7North America Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table8North America Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
Table9US Wood Coatings Market2017 - 2025 (USD Billion)
Table10Canada Wood Coatings Market2017 - 2025 (USD Billion)
Table11Europe Wood Coatings Market2017 - 2025 (USD Billion)
Table12Europe Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table13Europe Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table14Europe Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
Table15 UK Wood Coatings Market2017 - 2025 (USD Billion)
Table16Germany Wood Coatings Market2017 - 2025 (USD Billion)
Table17France Wood Coatings Market2017 - 2025 (USD Billion)
Table18Spain Wood Coatings Market2017 - 2025 (USD Billion)
Table19Italy Wood Coatings Market2017 - 2025 (USD Billion)
Table20Russia & CIS Wood Coatings Market2017 - 2025 (USD Billion)
Table21Rest of Europe Wood Coatings Market2017 - 2025 (USD Billion)
Table22Asia Pacific Wood Coatings Market2017 - 2025 (USD Billion)
Table23Asia Pacific Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table24Asia Pacific Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table25Asia Pacific Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
Table26 China Wood Coatings Market2017 - 2025 (USD Billion)
Table27Japan Wood Coatings Market2017 - 2025 (USD Billion)
Table28India Wood Coatings Market2017 - 2025 (USD Billion)
Table29South Korea Wood Coatings Market2017 - 2025 (USD Billion)
Table30ASEAN Wood Coatings Market2017 - 2025 (USD Billion)
Table31Rest of Asia Pacific Wood Coatings Market2017 - 2025 (USD Billion)
Table32Latin America Wood Coatings Market2017 - 2025 (USD Billion)
Table33Latin America Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table34Latin America Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table35Latin America Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
Table36 Brazil Wood Coatings Market2017 - 2025 (USD Billion)
Table37 Argentina Wood Coatings Market2017 - 2025 (USD Billion)
Table38 Rest of Latin America Wood Coatings Market2017 - 2025 (USD Billion)
Table39Middle East Wood Coatings Market2017 - 2025 (USD Billion)
Table40 Middle East Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table41Middle East Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table42Middle East Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
Table43Africa Wood Coatings Market2017 - 2025 (USD Billion)
Table44 Africa Wood Coatings Market by Product Type 2017 - 2025 (USD Billion)
Table45Africa Wood Coatings Market by Consumption Type 2017 - 2025 (USD Billion)
Table46Africa Wood Coatings Market by Distribution Type 2017 - 2025 (USD Billion)
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List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Wood Coatings Market: Penetration & growth prospect mapping
Fig. 8 Wood Coatings Market: Competitive snapshot
Fig. 9 Wood Coatings Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11Wood Coatings Market: Product Analysis, 2017- 2025
Fig. 12Wood Coatings Market: Regional Analysis, 2017- 2025
Fig. 13Wood Coatings Market: Competitive Matrix
Fig. 14Wood Coatings Market: Revenue Mix