Wood Coating is coating for wood products, widely used in furniture, doors, windows, floors, wainscoting, wooden musical instruments, sporting goods, stationery, toys, and etc.
Market Analysis and Insights: Global Industrial Wood Coating Market
Due to the COVID-19 pandemic, the global Industrial Wood Coating market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Waterborne accounting for % of the Industrial Wood Coating global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Wooden Furniture segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific wood coating industry is anticipated to witness high growth rate during the forecast period owing to rapid economic development and mega construction projects. Moreover, wood products are highly consumed in this region which further increases the demand for wood coating.
Global Industrial Wood Coating Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Wood Coating Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Waterborne
Conventional Solvent Borne
High Solid Solvent Borne
Powder Coating
Radiation Cured
Others
Segment by Application
Wooden Furniture
Wood Floor
Wooden Outdoor
Others
By Company
Akzo Nobel
BASF
Nippon Paint
PPG Industries
RPM International
Sherwin Williams
DowDuPont
Valspar
Hempel
Henkel
Guangdong Junedos Building Materials
Hebei Chenyang Industry & Trade Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina