North America Wood Coatings Market Forecast 2024-2032

The North America wood coatings market is set to project a CAGR of 4.97% during the forecast period, 2024-2032. The consistent technological advancements resulting from R&D investments propel market growth.

MARKET INSIGHTS

The North America wood coatings market growth analysis includes the assessment of the United States and Canada. Canada is among the largest manufacturers of wooden furniture globally. The growing disposable income and increasing construction activities are propelling the market growth. The usage of radiation-cured wooden coatings is increasing owing to advantages like high productivity, non-flammability, excellent curing speed, etc. This results in ample growth opportunities. The increasing residential maintenance activities, which entails recoating the wooden products, contribute to the development of the wood coatings market in Canada.

COMPETITIVE INSIGHTS

Some key players in the market include RPM International Inc, The Sherwin-Williams Company, Diamond Paints, Axalta Coating Systems LLC, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 86565

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. MAJOR MARKET FINDINGS
- 2.4.1. EMBRACING UV-CURABLE COATINGS TO ENHANCE EFFICIENCY
- 2.4.2. TRANSITIONING TOWARD POWDER COATINGS
- 2.4.3. GROWING UTILIZATION OF ANTI-GRAFFITI COATINGS

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. RISING DEMAND FROM THE BUILDING & CONSTRUCTION INDUSTRY
- 3.1.2. INCREASING DISPOSABLE INCOME AND SPENDING ON HOME IMPROVEMENT
- 3.1.3. GROWING DEMAND FOR GREEN PRODUCTS MADE FROM RENEWABLE SOURCES
3.2. KEY RESTRAINTS
- 3.2.1. FLUCTUATING PRICES OF RAW MATERIALS AFFECTING PRODUCTION COSTS
- 3.2.2. ENVIRONMENTAL REGULATIONS RESTRICT CERTAIN CHEMICALS
- 3.2.3. COMPETITION FROM COMPOSITES AND PLASTICS

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
- 4.1.1. NANOTECHNOLOGY ENHANCES COATING PERFORMANCE
- 4.1.2. CUSTOMIZATION FOR SPECIFIC APPLICATIONS LIKE FLOORING AND FURNITURE
- 4.1.3. SMART COATINGS WITH SELF-HEALING & ANTIMICROBIAL PROPERTIES
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. RAW MATERIAL SOURCING AND PROCESSING
- 4.6.2. PRODUCT INNOVATION AND TECHNOLOGY DEVELOPMENT
- 4.6.3. SUPPLY CHAIN MANAGEMENT AND MARKET DISTRIBUTION
- 4.6.4. CUSTOMER SUPPORT AND MAINTENANCE SERVICES
4.7. KEY BUYING CRITERIA
- 4.7.1. COATING PERFORMANCE AND WOOD COMPATIBILITY
- 4.7.2. COST-EFFECTIVENESS AND VALUE ALIGNMENT FOR WOOD SURFACE APPLICATIONS
- 4.7.3. RELIABILITY AND LONGEVITY OF COATINGS ON WOOD SURFACES
- 4.7.4. SUPPLIER TRACK RECORD AND WOOD COATING EXPERTISE
4.8. REGULATORY FRAMEWORKS

5. MARKET BY RESIN TYPE

5.1. NITROCELLULOSE
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. POLYURETHANE
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS
5.3. POLYESTER
- 5.3.1. MARKET FORECAST FIGURE
- 5.3.2. SEGMENT ANALYSIS
5.4. ACRYLIC
- 5.4.1. MARKET FORECAST FIGURE
- 5.4.2. SEGMENT ANALYSIS
5.5. OTHER RESIN TYPES
- 5.5.1. MARKET FORECAST FIGURE
- 5.5.2. SEGMENT ANALYSIS

6. MARKET BY TECHNOLOGY

6.1. UV-CURED
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. WATER-BORNE
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
6.3. POWDER COATING
- 6.3.1. MARKET FORECAST FIGURE
- 6.3.2. SEGMENT ANALYSIS
6.4. SOLVENT-BORNE
- 6.4.1. MARKET FORECAST FIGURE
- 6.4.2. SEGMENT ANALYSIS

7. MARKET BY APPLICATION

7.1. DOORS AND WINDOW
- 7.1.1. MARKET FORECAST FIGURE
- 7.1.2. SEGMENT ANALYSIS
7.2. FURNITURE AND FIXTURE
- 7.2.1. MARKET FORECAST FIGURE
- 7.2.2. SEGMENT ANALYSIS
7.3. CABINET
- 7.3.1. MARKET FORECAST FIGURE
- 7.3.2. SEGMENT ANALYSIS
7.4. FLOOR
- 7.4.1. MARKET FORECAST FIGURE
- 7.4.2. SEGMENT ANALYSIS
7.5. DECK
- 7.5.1. MARKET FORECAST FIGURE
- 7.5.2. SEGMENT ANALYSIS

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. COUNTRY ANALYSIS
  - 8.1.2.1. UNITED STATES
  - 8.1.2.1.1. UNITED STATES WOOD COATINGS MARKET SIZE & OPPORTUNITIES
  - 8.1.2.2. CANADA
  - 8.1.2.2.1. CANADA WOOD COATINGS MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. NIPPON PAINT HOLDINGS CO LTD
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCT LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. PPG INDUSTRIES INC
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCT LIST
  - 9.2.2.3. STRENGTHS & CHALLENGES
- 9.2.3. ASIAN PAINTS
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCT LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. THE SHERWIN-WILLIAMS COMPANY
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCT LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. RPM INTERNATIONAL INC
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCT LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. DIAMOND PAINTS
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCT LIST
  - 9.2.6.3. STRENGTHS & CHALLENGES
- 9.2.7. AXALTA COATING SYSTEMS LLC
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCT LIST
  - 9.2.7.3. STRENGTHS & CHALLENGES
- 9.2.8. BASF SE
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCTS LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. KANSAI HELIOS
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCT LIST
  - 9.2.9.3. STRENGTHS & CHALLENGES
- 9.2.10. AKZO NOBEL N.V
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCTS LIST
  - 9.2.10.3. STRENGTHS & CHALLENGES
- 9.2.11. EASTMAN CHEMICAL COMPANY
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCT LIST
  - 9.2.11.3. STRENGTHS & CHALLENGES
- 9.2.12. TEKNOS GROUP
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCTS LIST
  - 9.2.12.3. STRENGTHS & CHALLENGES

Product Code: 86565

LIST OF TABLES

TABLE 1: NORTH AMERICA MARKET SNAPSHOT - WOOD COATINGS MARKET
TABLE 2: NORTH AMERICA WOOD COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA WOOD COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA WOOD COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA WOOD COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA WOOD COATINGS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA WOOD COATINGS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: NORTH AMERICA WOOD COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: NORTH AMERICA WOOD COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: NORTH AMERICA WOOD COATINGS MARKET REGULATORY FRAMEWORK
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 14: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: NORTH AMERICA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2023
FIGURE 7: NORTH AMERICA WOOD COATINGS MARKET, BY NITROCELLULOSE, 2024-2032 (IN $ MILLION)
FIGURE 8: NORTH AMERICA WOOD COATINGS MARKET, BY POLYURETHANE, 2024-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA WOOD COATINGS MARKET, BY POLYESTER, 2024-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA WOOD COATINGS MARKET, BY ACRYLIC, 2024-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2024-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2023
FIGURE 13: NORTH AMERICA WOOD COATINGS MARKET, BY UV-CURED, 2024-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA WOOD COATINGS MARKET, BY WATER-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA WOOD COATINGS MARKET, BY POWDER COATING, 2024-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA WOOD COATINGS MARKET, BY SOLVENT-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 18: NORTH AMERICA WOOD COATINGS MARKET, BY DOORS AND WINDOW, 2024-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA WOOD COATINGS MARKET, BY FURNITURE AND FIXTURE, 2024-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA WOOD COATINGS MARKET, BY CABINET, 2024-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA WOOD COATINGS MARKET, BY FLOOR, 2024-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA WOOD COATINGS MARKET, BY DECK, 2024-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA WOOD COATINGS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 24: UNITED STATES WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 25: CANADA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)