Wood Coatings Market will be Valued at US$ 13880.7 Mn by 2022 | Global Key Players (H Asian Paints, BASF SE, Berger Paints , Kansai Nerolac Paints)

Businessindustryreports have new report on “Global Wood Coatings Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

With the slowdown in world economic growth, the Wood Coatings industry has also suffered a  certain impact, but still maintained a relatively optimistic growth, the past four years, Wood  Coatings market size to maintain the average annual growth rate of 8.32% from 7349.7 million $ in 2014 to 9340.8 million $ in 2017, market analysts believe that in the next few years, Wood Coatings market size will be further expanded, we expect that by 2022, The market size of the Wood Coatings will reach 13880.7 million $. 

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Wood Coatings used for multiple functions in wood processing are the chemical formulations. The main purpose why these fluids are used is because they provide the expected superior quality on the wood surface. Moreover, these coatings are used for variety of purposes which include better stabilization, hygiene and decoration of wood. The main factors owing to the growth of this industry include escalating building and infrastructure as well as furniture and food packaging industries.

Another important factor for the rise in wood coating industry is the protection that it provides to the wood from bacteria and other harmful organisms. There are different technologies and materials being used for achieving this purpose; UV curing wood coatings is one of the vital evolutions in this field.

Geographically APAC leads the global wood coatings market with a majority of the share owing to the increasing wealth of people in the region which has spurred sales of furniture dramatically in the forecast period (2018-2022). 

Key Players:

1 Akzo Nobel N.V. 

2 Asian Paints 

3 BASF SE 

4 Berger Paints India Ltd 

5 Kansai Nerolac Paints Limited 

6 Nippon Paint Holdings Co., Ltd 

7 PPG Industries, Inc. and more...

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The coatings are being used in various industries ranging from food packaging industry, building & infrastructure, furniture and others. Also these coatings are highly useful for enhancing the sheet life and its usage and aesthetic value. Various technique used for Wood coatings are spray coating, roller coating, curtain coating, flow coating, vacuum coating and others. The report also focuses on different geographic regions and the key countries in terms of changing trends in using Wood coating in various fields. The major factor which drives the wood coating industry in Europe is the end user segment such as automotive, appliances and building & construction.

Depends upon the coating type, global wood coating market is segmented into stains and varnishes, shellacs, water repellents and others. Based on end-user, the global wood coating market is segmented into furniture, cabinets, siding, flooring, decking and others.

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Stains and Varnishes 

2 Shellacs 

3 Lacquers 

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Table of Content:

1 Wood Coatings Product Definition

2 Global Wood Coatings Manufacturer Share and Market Overview

3 Manufacturer Wood Coatings Business Introduction

4 Global Wood Coatings Segmentation (Region Level)

5 Global Wood Coatings Segmentation (Product Type Level)

6 Global Wood Coatings Segmentation (Industry Level)

7 Global Wood Coatings Segmentation (Channel Level)

8 Wood Coatings Forecast 2018-2022

9 Wood Coatings Segmentation Product Type

10 Wood Coatings Segmentation Industry

11 Wood Coatings Cost of Production Analysis

12 Conclusion

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