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Lacquer - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Lacquer - MarketLacquer is a protective coating consisting of a resin, cellulose ester, or both, dissolved in a volatile solvent, sometimes with pigment added.
The global Lacquer market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lacquer in various end use industries. The expanding demands from the Automotive, Construction, Furniture and Others, are propelling Lacquer market. Solvent-based Lacquer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water-based Lacquer segment is estimated at % CAGR for the next seven-year period.
Lacquers continue to be the preferred finishes for woodworking owing to a bevy of advantages. Among the various types of lacquers available to end-users, demand for nitrocellulose continues to be the highest, on account of its competitive pricing and quick drying features.
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Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lacquer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
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Company Profiles:
• PPG Industries
• Akzo Nobel
• Sherwin-Williams
• BASF
• Asian Paints
• Axalta Coating
• Berger Paints
• Berkshire Hathaway
• Carpoly Chemical
• Chugoku Marine Paints
• Cloverdale Paint
• Consorcio Comex
Segment by Type:
• Solvent-based Lacquer
• Water-based Lacquer
by Application
• Automotive
• Construction
• Furniture
• Others
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Lacquers continue to be the preferred finishes…
