Global Wood Coatings Market - Market Size, Share &Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
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