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Waterborne Wood Coatings Market Research Report 2023-2028

03-13-2023 08:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Waterborne Wood Coatings Market 2023-2028: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast

Waterborne Wood Coatings Market 2023-2028: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast

According to IMARC Group latest published report, titled "Waterborne Wood Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," that the global waterborne wood coatings market size reached US$ 1.3 Billion in 2022. Looking forward, the market expected to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.88% during 2023-2028.

Wood coatings are commonly created by combining several layers of drying oil, lacquer, shellac, varnish, etc., which are followed by sanding. In contrast, waterborne wood coatings are made from various resins, which include polyester, polyurethane, acrylic, fluoropolymer, powder, etc.

Water is added in these layers to enable the wax to get dispersed easily. These coatings are applied on the surface of the wood to enhance and protect its appearance. The high-water content of these layers makes them comfortable to use and environment friendly. The composition and the consistency of the waterborne coatings vary, and several solvents can be added to them. As a result, these layers are usually applied to furniture items, such as chairs, shelves, tables, decorative wooden items, etc.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/waterborne-wood-coatings-market/requestsample

Waterborne Wood Coatings Trends:

The rising urbanization in emerging economies across the Asia Pacific, Latin America, and Eastern Europe is among the primary factors driving the waterborne wood coatings market. Besides this, the escalating demand for wooden products, owing to the development of the residential, commercial, and industrial infrastructure, is further augmenting the market growth.

Moreover, the increasing production of wooden artifacts and decorative items and the expanding décor industry are also catalyzing the global market. Apart from this, these coatings offer various advantages compared to their substitutes, including robustness, stain resistance, corrosion resistance, and flexibility, which are acting as significant growth-inducing factors.

Furthermore, the launch of several policies by the government bodies to reduce VOC (volatile organic compounds) emissions, product innovation, growing timber reuse, etc., is expected to bolster the waterborne wood coatings market in the coming years.

Click here to view detailed information with table of content: https://www.imarcgroup.com/waterborne-wood-coatings-market

The report cover the below key market segments:

Breakup by Application:

Furniture
Decking
Joinery
Siding
Flooring
Others

Breakup by Region:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

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Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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