Wood Coatings Market to See Massive Growth by 2028

The wood coatings market is expected to reach USD 11,985.8 million by 2028, increasing at a CAGR of 6.3% from 2022 to 2028.Wood coating is widely used in the protection and refinement of wood or wooden structures. This helps to increase the service life of the product. In addition, the use of a wood coating improves the visual cues of the wooden object, thus helping to market the product. On the basis of technology, the market is segmented into water, conventional solid solvent, high solid solvent, powder coating, radiation curing and others. Conventional coatings based on solid solvents are more in demand due to their low price and fast drying characteristics.

Company Profile

• Axalta Coating Systems
• BASF SE
• DowDuPont INC
• Eastman Chemical Company
• Kansai Paint Co., Ltd
• Nippon Paint Holdings Co., Ltd
• PPG Industries Inc
• RPM International Inc

Market Segmentation

BY TYPE

• Polyurethane
• Acrylics
• Nitrocellulose
• Unsaturated Polyester

BY TECHNOLOGY

• Waterborne
• Conventional Solid Solvent Borne
• High Solid Solvent Borne
• Powder Coating
• Radiation Cured

BY END USE

• Furniture
• Joinery
• Flooring

Scope of the Report

The research study analyzes the Wood Coatings Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Wood Coatings Market Report

1. What was the Wood Coatings Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Wood Coatings Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Wood Coatings Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Wood Coatings Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Wood Coatings
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Wood Coatings
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Wood Coatings Market.