Wood Coatings Market Size, Growth, Trends, Report, Forecast 2027

Report Description

Global Wood Coatings Market is projected to grow at robust rate with an impressive CAGR. The flourishing housing and real-estate sector is primarily driving the growth of the market. Wood coating is widely utilized in the protection and refinement of woods and structures made of wood. This helps in increasing the product lifespan and enhances the visual cues of wooden object. The market is further catalysed by the inflating disposable income of the consumers and elevating level of living in developing nations such as China and India, which is fuelling the demand for modern household furniture. Apart from this, rapid advancement in wood coating technology and growing inclination towards the use of radiation cure coatings are providing a lucrative growth opportunities to the global market.

In addition, the proliferating need for eco-friendly and the growing usage of more sustainable alternatives such as lower VOC carbon coatings and recycled raw materials is providing a positive outlook to the market.

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The global wood coatings market is segmented on the basis of resin type, product type, technology, application, competitive landscape, and regional distribution. Based on the resin type the market is bifurcated into acrylic, polyurethane, melamine-formaldehyde, nitrocellulose and others. Among these, the polyurethane segment is expected to hold a prominent market share in the coming years. This is primarily because polyurethane leaves a specific finish on the wooden surface that cannot be overtaken in terms of chemical tolerance, mechanical resistance, and surface hardness. Moreover, the use of polyurethane ensures better resistance, therefore it is widely used wood treatment. By product type the market is segmented into stains & varnishes, lacquers, shellacs and others. Based on the technology the market is fragmented into water-based, oil-based, solvent-based and others. By application the mare is differentiated among furniture, side & decks, cabinets and others. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle east and Africa, South America.

Some of the leading players in the Global Wood Coatings Market are Akzonobel N.V., BASF SE, The Sherwin-Williams Company, RPM International Inc., The Valspar Corporation, Ashland Inc., Arkema SA, Nippon Paint Co. Ltd., The Dow Chemical Company, Hempel A/S etc.

Attribute	Details
Base Year	2021
Historic Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Resin type · Product Type · Technology · Application
Regional scope	North America; Europe &CIS; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait
Key companies profiled	Akzonobel N.V., BASF SE, The Sherwin-Williams Company, RPM International Inc., The Valspar Corporation, Ashland Inc., Arkema SA, Nippon Paint Co. Ltd., The Dow Chemical Company, Hempel A/S
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Wood Coatings Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Wood Coatings Market, By Resin Type:

Acrylic
Polyurethane
Melamine-formaldehyde
Nitrocellulose
Others

Global Wood Coatings Market, By Product Type:

Stains & Varnishes
Lacquers
Shellacs
Others

Global Wood Coatings Market, By Technology:

Water-Based
Oil-Based
Solvent-based
Others

Global Wood Coatings Market, By Application:

Furniture
Side & Decks
Cabinets
Others

Global Wood Coatings Market, By Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East and Africa

South Africa
Saudi Arabia
UAE
Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Wood Coatings Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Wood Coatings Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Wood Coating Market

4. Executive Summary

5. Voice of Customer

5.1. Product Awareness

5.2. Brand Awareness

5.3. Factors Influencing the Purchase Decision

5.4. Product Pricing

5.5. Challenges & Unmet Needs

6. Global Wood Coatings Market Overview

7. Global Wood Coatings Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Resin Type (Acrylic, Polyurethane, Melamine-formaldehyde, Nitrocellulose and Others)

7.2.2. By Product Type (Stains & Varnishes, Lacquers, Shellacs and Others)

7.2.3. By Technology (Water-Based, Oil-Based, Solvent-based and Others)

7.2.4. By Application (Furniture, Side & Decks, Cabinets and Others)

7.2.5. By Region

7.2.6. By Company (2021)

7.3. Market Attractiveness Index

8. Asia-Pacific Wood Coatings Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Resin Type

8.2.2. By Technology

8.2.3. By Application

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Asia-Pacific: Country Analysis

8.4.1. China Wood Coatings Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Resin Type

8.4.1.2.2. By Application

8.4.1.3. Market Attractiveness Index

8.4.2. India Wood Coatings Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Resin Type

8.4.2.2.2. By Application

8.4.2.3. Market Attractiveness Index

8.4.3. Japan Wood Coatings Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Resin Type

8.4.3.2.2. By Application

8.4.3.3. Market Attractiveness Index

8.4.4. South Korea Wood Coatings Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Resin Type

8.4.4.2.2. By Application

8.4.4.3. Market Attractiveness Index

8.4.5. Australia Wood Coatings Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Resin Type

8.4.5.2.2. By Application

8.4.5.3. Market Attractiveness Index

8.4.6. Singapore Wood Coatings Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Resin Type

8.4.6.2.2. By Application

8.4.6.3. Market Attractiveness Index

8.4.7. Malaysia Wood Coatings Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Resin Type

8.4.7.2.2. By Application

8.4.7.3. Market Attractiveness Index

9. Europe & CIS Wood Coatings Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Resin Type

9.2.2. By Technology

9.2.3. By Application

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. Europe: Country Analysis

9.4.1. France Wood Coatings Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Resin Type

9.4.1.2.2. By Application

9.4.1.3. Market Attractiveness Index

9.4.2. Germany Wood Coatings Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Resin Type

9.4.2.2.2. By Application

9.4.2.3. Market Attractiveness Index

9.4.3. United Kingdom Wood Coatings Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Resin Type

9.4.3.2.2. By Application

9.4.3.3. Market Attractiveness Index

9.4.4. Italy Wood Coatings Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value & Volume

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Resin Type

9.4.4.2.2. By Application

9.4.4.3. Market Attractiveness Index

9.4.5. Spain Wood Coatings Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value & Volume

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Resin Type

9.4.5.2.2. By Application

9.4.5.3. Market Attractiveness Index

10. North America Wood Coatings Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Resin Type

10.2.2. By Technology

10.2.3. By Application

10.2.4. By Country

10.3. Market Attractiveness Index

10.4. North America: Country Analysis

10.4.1. United States Wood Coatings Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Resin Type

10.4.1.2.2. By Application

10.4.1.3. Market Attractiveness Index

10.4.2. Mexico Wood Coatings Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Resin Type

10.4.2.2.2. By Application

10.4.2.3. Market Attractiveness Index

10.4.3. Canada Wood Coatings Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Resin Type

10.4.3.2.2. By Application

10.4.3.3. Market Attractiveness Index

11. South America Wood Coatings Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Resin Type

11.2.2. By Technology

11.2.3. By Application

11.2.4. By Country

11.3. Market Attractiveness Index

11.3.1. Brazil Wood Coatings Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value & Volume

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Resin Type

11.3.1.2.2. By Application

11.3.1.3. Market Attractiveness Index

11.3.2. Argentina Wood Coatings Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value & Volume

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Resin Type

11.3.2.2.2. By Application

11.3.2.3. Market Attractiveness Index

11.3.3. Colombia Wood Coatings Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value & Volume

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Resin Type

11.3.3.2.2. By Application

11.3.3.3. Market Attractiveness Index

12. Middle East and Africa Wood Coatings Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Resin Type

12.2.2. By Technology

12.2.3. By Application

12.2.4. By Country

12.3. Market Attractiveness Index

12.4. MEA: Country Analysis

12.4.1. South Africa Wood Coatings Market Outlook

12.4.1.1. Market Size & Forecast

12.4.1.1.1. By Value & Volume

12.4.1.2. Market Share & Forecast

12.4.1.2.1. By Resin Type

12.4.1.2.2. By Application

12.4.1.3. Market Attractiveness Index

12.4.2. Saudi Arabia Wood Coatings Market Outlook

12.4.2.1. Market Size & Forecast

12.4.2.1.1. By Value & Volume

12.4.2.2. Market Share & Forecast

12.4.2.2.1. By Resin Type

12.4.2.2.2. By Application

12.4.2.3. Market Attractiveness Index

12.4.3. UAE Wood Coatings Market Outlook

12.4.3.1. Market Size & Forecast

12.4.3.1.1. By Value & Volume

12.4.3.2. Market Share & Forecast

12.4.3.2.1. By Resin Type

12.4.3.2.2. By Application

12.4.3.3. Market Attractiveness Index

12.4.4. Qatar Wood Coatings Market Outlook

12.4.4.1. Market Size & Forecast

12.4.4.1.1. By Value & Volume

12.4.4.2. Market Share & Forecast

12.4.4.2.1. By Resin Type

12.4.4.2.2. By Application

12.4.4.3. Market Attractiveness Index

13. Supply Chain Analysis

14. Market Dynamics

14.1. Drivers

14.2. Challenges

15. Market Trends & Developments

16. Policy & Regulatory Landscape

17. Competitive Landscape

17.1. Competition Outlook

17.2. Company Profiles

17.2.1. Akzonobel N.V.

17.2.2. BASF SE

17.2.3. The Sherwin-Williams Company

17.2.4. RPM International Inc.

17.2.5. The Valspar Corporation

17.2.6. Ashland Inc.

17.2.7. Arkema SA

17.2.8. Nippon Paint Co. Ltd.

17.2.9. The Dow Chemical Company

17.2.10. Hempel A/S

18. Strategic Recommendation

Figures and Tables

Frequently asked questions

What are the segments of the Global Wood Coatings Market during the forecast period?

Growing technological advancements in wood coatings, flourishing construction sector, and expanding furniture market globally are primarily driving the growth of the global wood coatings market.

Which segment among the resin type is anticipated to hold a significant market share in the coming years?

Based on the resin type the market is bifurcated into acrylic, polyurethane, melamine-formaldehyde, nitrocellulose and others. Among these, the polyurethane segment is expected to hold a prominent market share in the coming years. This is primarily because polyurethane leaves a specific finish on the wooden surface that cannot be overtaken in terms of chemical tolerance, mechanical resistance, and surface hardness.

What are the leading players operating in the Global Wood Coatings market?

Akzonobel N.V., BASF SE, The Sherwin-Williams Company, RPM International Inc., The Valspar Corporation, Ashland Inc., Arkema SA, Nippon Paint Co. Ltd., The Dow Chemical Company, Hempel A/S are the leading market players of the global wood coatings market.

What are the factors that might restrict the growth of Global Wood Coatings Market?

Stringent environmental rules implemented by the government & other regulatory authorities on the use of volatile organic compounds (VOC) in the production of wood coating may hamper the growth of the wood coatings market.

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