Wood Paints & Coatings Market, By Resin Type, By Product Type, By Technology, By Application, By Geography

Description

The global wood paints & coatings market is projected to reach around US$ 13.97 Billion by the end of 2030, in terms of revenue, growing at a CAGR of 6.0% during the forecast period (2023-2030).

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 9.04 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	6.00%	2030 Value Projection:	US$ 13.97 Bn

Global Wood Paints & Coatings Market Share (%) in terms of Value, By Region, in 2022

Wood paints & coatings are applied after the wood surface is stained and prepared. The process of applying coatings to a finished wood product is known as wood finishing. Finishing is the last step of the production process and provides desirable characteristics such as moisture and heat resistance, increased durability, and an enhanced appearance of the wood surface. Finishing also helps keep the end product sanitized and easier to maintain.

Market Dynamics

The rise in the construction industry has been known to favor the growth of the global wood paints & coatings market in the coming years with the rise in urbanization and higher standard of living. Rising disposable income and increasing spending capacity have been other factors that have been contributing to the expansion of the construction industry, which is further estimated to favor the global wood paints & coatings market growth in the coming years.

The growth of the furniture trade in various countries has been estimated to contribute to the rising demand for wood paints and coatings. Additionally, a higher standard of living, rising disposable income, and increasing spending capacity have been augmenting target market growth across the globe. With the growth of the trading of the furniture industry, wood paints and coatings market is expected to witness high growth over the forecast period. Apart from this, rising industrialization has also led to a rising demand for wood paints and coatings across the globe. Other factors, such as the rise in tourism and increasing investments in infrastructure, are also expected to contribute to the growth of the global wood paints & coatings market.

Key features of the study:

This report provides in-depth analysis of the global wood paints & coatings market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global wood paints & coatings market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study BASF SE, Arkema SA, Ashland Inc., RPM International Inc., Hempel A/S, AkzoNobel N.V., Premium Coatings, Chemicals Pvt. Ltd., Nippon Paint Co. Ltd., and Axalta Coatings Systems
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global wood paints & coatings market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global wood paints & coatings market.

Detailed Segmentation:

Global Wood Paints & Coatings Market, By Resin Type:
- Acrylic
- Nitrocellulose
- Epoxy
- Polyester
- Polyurethane
- Others
Global Wood Paints & Coatings Market, By Product Type:
- Stains & Varnishes
- Shellac
- Wood Preservatives
- Water Repellants
- Others
Global Wood Paints & Coatings Market, By Technology:
- Water Borne
- Solvent Borne
- UV Cured
Global Wood Paints & Coatings Market, By Application:
- Furniture & Fixtures
- Doors & Windows
- Cabinets
- Flooring & Decking
- Others
Global Wood Paints & Coatings Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Company Profiles
- BASF SE
- Arkema SA
- Ashland Inc.
- RPM International Inc.
- Hempel A/S
- AkzoNobel N.V.
- Premium Coatings
- Chemicals Pvt. Ltd.
- Nippon Paint Co. Ltd.
- Axalta Coatings Systems

Product Code: CMI4602

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Segmentation
Resin
Product
Technology
Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
Cost Tier Down Analysis

4. Global Wood Paints & Coatings Market, By Resin Type, 2023- 2030 (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Acrylic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Nitrocellulose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Epoxy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Polyester
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Polyurethane
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)

5. Global Wood Paints & Coatings Market, By Product Type, 2023- 2030 (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Stains & Varnishes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Shellac
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Wood Preservatives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Water Repellants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)

6. Global Wood Paints & Coatings Market, By Technology, 2023- 2030 (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Water Borne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Solvent Borne
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
UV Cured
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)

7. Global Wood Paints & Coatings Market, By Application, 2023- 2030 (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Furniture & Fixtures
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Doors & Windows
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Cabinets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Flooring & Decking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Bn)

8. Global Wood Paints & Coatings Market, By Region, 2023 - 2030 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2023 and 2030
- Y-o-Y Growth Analysis, By Region, 2023 - 2030 (%)
North America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023 - 2030 (%)
U.S.
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Canada
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Europe
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023 - 2030 (%)
U.K.
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Germany
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
France
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Italy
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Spain
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Russia
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023 - 2030 (%)
China
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
India
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Japan
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
ASEAN
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2023 - 2030 (US$ Billion)
South Korea
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Product Type, 2023 - 2030 (US$ Billion)
Latin America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023 - 2030 (%)
Brazil
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Mexico
- Country Trends
- Market Size and Forecast, By Product Type, 2023 - 2030 (US$ Billion)
Argentina
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Rest of Latin America
- Country Trends
- Market Size and Forecast, By Product Type, 2023 - 2030 (US$ Billion)
Middle East
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023 - 2030 (%)
GCC
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Israel
- Country Trends
- Market Size and Forecast, By Product Type, 2023 - 2030 (US$ Billion)
Rest of Middle East
- Country Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Africa
- Market Share Analysis, By Sub-region, 2023 and 2030
- Y-o-Y Growth Analysis, By Sub-region, 2023 - 2030 (%)
North Africa
- Sub-region Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
Central Africa
- Sub-region Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)
South Africa
- Sub-region Trends
- Market Size and Forecast, By Region Type, 2023 - 2030 (US$ Billion)

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- BASF SE
- Ashland Inc.
- RPM International Inc.
- Hempel A/S
- AkzoNobel N.V.
- Premium Coatings
- Chemicals Pvt. Ltd.
- Nippon Paint Co. Ltd.
- Axalta Coatings Systems

10. Section

References
Research Methodology
About us and Sales Contact