Press release
Wood Coating Resins Market Growth by Key Players: Nuplex, Royal DSM, Synthopol Chemie, Akzo Nobel, and Allnex are among the prominent participants in wood coating resins market share. Other notable players include Dynea, Ivm Group, Polynt, Kansai Paint Co
Request for an in-depth table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/2455
Wood Coating Resins Market size is anticipated to grow at an exponential rate from 2017 to 2024. A positive outlook towards the construction industry across the globe will primarily drive the industry growth. Rising demand of these finishes due to maintenance activities of existing wood items will further escalate the product penetration. Enhanced living standards have led to proliferating demand for decorative varnishes, positively impacting the industry over the next eight years.
Shifting consumer preference towards Do-it-Yourself methods in developed countries will provide stable growth prospects for the wood coating resins market. This can be attributed to the rising need to improve furniture aesthetics. Moreover, advanced UV protection covering and growth in upcoming eco-friendly products are other factors strengthening the product penetration over the coming years.
Manufacturers focus on developing the coatings that are formulated to fulfil the performance expectations of the end users that include DIY customers, OEMs, and professional contractors. Owing to this, there are numerous product types to coat the interior wood substrates. Shifting focus towards the formulations with lower formaldehyde content and VOC. Although, few upgraded coatings are highly solid solvent-based systems, the industry players focus on waterborne solutions.
Wood coating resins market products segment includes acrylic, polyurethane, alkyd, polyester, nitrocellulose, and epoxy. Polyurethane resins are anticipated to dominate the industry over the next eight years. These resins result in the development of hard surface courts with enhanced properties. Provision of benefits such as exceptional chemical & physical resistance and versatility will further propel the industry growth till 2024.
The industry can be segmented based on technology into reactive, water borne, solvent borne, and dispersion. Waterborne is expected to grow rapidly owing to significant application properties as compared to its counterpart technologies. Provision of numerous advantages, including early chemical resistance, hardness, and print & block resistance will further strengthen the demand for this technology over the next eight years.
Request for customization of this report @
https://www.gminsights.com/roc/2455
Asia Pacific is anticipated to account for a significant share in the wood coating resins market. Rising infrastructural activities along with enhanced living standards across the region will primarily drive the regional growth over the forecast timeframe. Shifting consumer preferences and robust economic growth are other factors supporting the region’s dominance.
Top key players:
Arkema Group, Helios Group, Nuplex, Royal DSM, Synthopol Chemie, Akzo Nobel, and Allnex are among the prominent participants in wood coating resins market share. Other notable players include Dynea, Ivm Group, Polynt, Kansai Paint Co. Ltd., and Sirca SPA. Strategic alliances are among the major strategies implemented by the industry players to gain market reach. For instance, in December 2017, Allnex announced a strategic alliance with a specialty chemical distributor for expansion of its business territory to the Midwest, east coast, and Southeast regions This alliance will help the company to strengthen its wood coating resins product line.
Market share calculation in this report is not done based on companies covered in it. The calculation of Wood Coating Resins market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Browse Full Report @ https://www.gminsights.com/industry-analysis/wood-coating-resins-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wood Coating Resins Market Growth by Key Players: Nuplex, Royal DSM, Synthopol Chemie, Akzo Nobel, and Allnex are among the prominent participants in wood coating resins market share. Other notable players include Dynea, Ivm Group, Polynt, Kansai Paint Co here
News-ID: 1173615 • Views: …
More Releases from Chemical Market Research
Oxygen Scavengers Market Forecast by Key Players: Chemfax, Eastman Chemical Comp …
Oxygen Scavengers Market such as iron, hydrazine, and carbon cause some health hazards including headache, breathing problem, high blood pressure, pneumoconiosis, etc. which will hamper its market growth. These products are generally applicable to substance with some water content. The absence of water cause migration of water molecules from oxygen scavengers to food product which leads to declination of food quality. This factor coupled with the non-volatile nature of O2…
Europic Chloride Market by Top Key Participant: Strem Chemicals, Stanford Advanc …
Considering regions, the global europic chloride market can be segmented into Asia Pacific, Europe, North America, Latin America and Middle East & Africa. Asia Pacific is the leading producer of the product. China is the leading producer of Asia Pacific in the regional europic chloride market. China recorded a chemical sales in excess of 1 trillion in 2016 followed by Japan, South Korea and India respectively. The region is also…
Jojoba Oil Market Trends by Key Players: Jojoba company, Desert Whale Jojoba Com …
In 2016 North America accounted for the highest market share in global jojoba oil market. High per capita income in North America, along with jojoba production concentrated in this region has attributed to the large market share of North America in jojoba oil market and it shall continue to do so in the forecast period. Asia pacific is likely to witness stupendous growth rate during the forecast period. Increasing consumer…
Liquid Nitrogen Market Growth by Key Players: Praxair Technology Inc., Air Liqui …
North America led the global liquid nitrogen market in 2016. Rising development activities coupled with increasing manufacturers & suppliers in the region shall propel the product demand over the forecast period. Asia Pacific was the second largest product market after North America and it is likely to be the fastest growing region over the forecast period. Increasing population and disposable income have spurred the demand for liquid nitrogen in construction,…
More Releases for Wood
Key Influencer in the Wood Preservatives Market 2025: Rising Global Wood Demand …
"What market dynamics are playing a key role in accelerating the growth of the wood preservatives market?
The market growth of wood preservatives is expected to be fueled by the rising demand for wood in multiple applications over the forecast period. With the global population and industrialization on the rise, the need for wood products is progressively growing. Wood, being a substantial source of energy, housing, firewood, timber, and fodder, has…
Thermally Modified Wood Market Analysis By Top Key Players - Kebony, Stora Enso, …
The "Thermally Modified Wood Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Thermally Modified Wood Market, 2024-2031
Verified Market Research's most recent report, "Thermally Modified Wood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,"…
Palmetto Wood Shop: Personalized Wood Gifts for Every Occasion
Palmetto Wood Shop, a family-owned business renowned for its passion for woodworking, specializes in crafting high-quality, engraved gifts for every occasion. Since 2014, Palmetto Wood Shop's mission has been to provide customers across the U.S. and the world with personalized products that reflect the artistry and care that goes into each piece.
Palmetto Wood Shop's collection includes a wide array of products ranging from engraved pocketknives and hammers to personalized cutting…
Thermally Modified Wood Market 2023 Key Players - Stora Enso, Kebony, Thermory, …
Global Thermally Modified Wood Market 2023 introduced by a leading market research firm Fior Markets comes out as a highly reliable source of information and data on the global market. The report is a versatile and future-ready analytical survey that contains trend assessment, an in-depth assessment of market valuation, and revenue-generating trends. The report covers sharp insights into the present and forthcoming trends & developments in the global Thermally Modified…
Pressure-treated Wood Market | Navigating New Horizons: Analyzing Innovative Bus …
In the past few years, the Pressure-treated Wood market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pressure-treated Wood reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Pressure-treated Wood market is full of uncertain. Report predicts that the global Pressure-treated Wood market size will expected to achieve a…
Global Wood Processing Market | Global Wood Processing Industry: Ken Research
The wood processing market involves of sales of processed wood by several entities (organizations, sole traders and partnerships) that saw measurement lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from the logs or bolts. This industry also embraces establishments that treat planed, sawed and shaped wood with creosote or other preservers such as alkaline copper quat, copper azole, and sodium borates, to safeguard decay and to…
