Wood Coatings 2019 Product Price, Profit, Capacity, Production, Supply, Demand and Market Growth Rate Forecast To 2023

Global Wood Coatings Market Information By type (Stains & varnishes,Shellac coatings,Wood preservatives,Water repellants,Others),By technology (Solvent based, Water based,high solids,UV curing, By Resin( Polyurethane, Nitrocellulose,Acrylic ,Polyester,others), By Application,Furniture,Cabinets,Sidings, Decking & Flooring, Others, By End Use (Residential, Non-residential) - Forecast to 2023

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Akzo Nobel NV, The Sherwin-Williams Company, PPG Industries, Inc., Kansai Nerolac Paints Limited, Jotun, Hempel A/S, DowDuPont, Inc., Arkema SA, PRM International, INC., Nippon Paint Holdings Co., Ltd, Axalta Coating Systems Ltd, Asian Paints, Berger Paints India Limited.

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Introduction

Market Research Future (MRFR) reports in its latest study that the global market for wood coatings stood at a more than USD 9,100 Mn in 2017. Increased residential activities in advanced and fast-growing economies have provided an impetus to the market. During the forecast period (2018-2023), the market is projected to capture a compound annual growth rate of 5.81%. Global consumption of wood coatings is likely to remain strong over the next couples. Suppliers recorded a healthy growth in shipments in 2017, and the trend is likely to continue in 2018 as well.

Regional Outlook

The global analysis of wood coatings market covers five key regions, which include North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. The booming economy in the region, makes Asia Pacific the most profitable market for wood coatings. APAC accounted for the largest share of the global market. Emerging markets in the region present massive growth opportunities to market players. By 2023, the region’s market is expected to stand at a USD 6400 Mn. Europe and North America are the other two significant markets for wood coatings after APAC. Sales in these regions will remain concentrated in renovation and remodelling activities.

Global Market for Wood Coatings-Segmental Analysis:

The report offers a thorough segmental analysis of the global wood coatings markets on the basis of type, technology, resin, application and end use. Based on type, the market has been segmented into stains & varnishes, water repellents, wood preservatives, shellac coatings, and others. The stains and varnishes segment currently holds the leading position. In 2017, the segment accounted for more than 40% share of the market. Demand for stain and varnish coating is projected to remain strong throughout the assessment period. Among others, the wood preservatives segment holds high potentials.

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Table of Contents
TABLE 1 LIST OF ASSUMPTIONS 24

TABLE 2 LIST OF KEY RAW MATERIAL MANUFACTURERS 38

TABLE 3 LIST OF KEY WOOD COATING MANUFACTURERS 39

TABLE 4 GLOBAL WOOD COATINGS MARKET, BY TYPE, 2016−2023 (USD MILLION) 44

TABLE 5 GLOBAL WOOD COATINGS MARKET, BY TYPE, 2016−2023 (THOUSAND TONS) 45

TABLE 6 GLOBAL WOOD COATINGS MARKET FOR STAINS & VARNISHES, BY REGION, 2016−2023 (USD MILLION) 45

TABLE 7 GLOBAL WOOD COATINGS MARKET FOR STAINS & VARNISHES, BY REGION, 2016−2023 (THOUSAND TONS) 46

TABLE 8 GLOBAL WOOD COATINGS MARKET FOR SHELLAC COATINGS, BY REGION, 2016−2023 (USD MILLION) 46

TABLE 9 GLOBAL WOOD COATINGS MARKET FOR SHELLAC COATINGS, BY REGION, 2016−2023 (THOUSAND TONS) 47

TABLE 10 GLOBAL WOOD COATINGS MARKET FOR WOOD PRESERVATIVES, BY REGION, 2016−2023 (USD MILLION) 47

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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