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The riding living standards, the disposable income and the rapid growth in urbanization, is simultaneously increasing the demand for wood coating solutions globally. This is also having a positive impact and increasing demand for the cabinets, sidings, flooring and many other home furniture are impacting on the growth of wood coating.
Some common types of wood coatings such as, varnishes, shellacs, wood preservers, wood stain finishes, water-based finishes and many more. The most common type are the varnishes, they can be transparent or in coloured form. Varnishes are made up of oil, solvent and resin and gives a hard, durable and protective finish. It generally comes with a glossy finish and can customized to produce satin and semi-gloss finish by adding flattering agents. Next the shellac is known as a natural wax that is secreted by a bug. This can efficiently cover the damage on wooden surfaces and can be easily applied and also dries quickly after applying. As a result, it leaves a gloss finishing. The water-based finishes give a clean and clear finish. They are oil-based finishes and contain acrylic resin along with urethane and alkyd. They have a natural appearance on the surface and are quite easy to maintain. The wood preservers are used for preventing the wood from rotting up or from insect damage. This comes in several colours and gives a matte or semi-glossy finish.
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According to this report published by Bonafide Research titled as “Global Wood Coating Market outlook, 2026”, the wood coating market is expected to cross 12 Billion USD by the forecasted period and is expected to grow with the CAGR of more 5% during 2026. All types of wood coating have few things common to distinguish them from the other categories of wood coating. The formulation has been defined as the science and technology of producing a physical mixture of two or more than two. The definition emphasizes of two major aspects of formulation. The first one emphasis on the physical mixture properties and chemistry is involved in the making of the ingredients. The second aspect of the same highlights the conflicting measures of the quality, this also explains that why there are so many types of wood coatings.
The formulators aim to preserve the beauty of the coated wood furniture cabinets and flat stock furniture. At the same it faces considerable pressure to manufacture in a resource efficient and ecologically reasonable way. The interior furniture and flooring wood has a diverse market and it encompasses of segments like assembled contemporary furniture, cabinets and self-assembled flat stock furniture for home and office.
Major Companies present in the market:
AKZO NOBEL N.V, AXALTA COATING SYSTEM, PPG INDUSTRIES, SHERWIN WILLIAMS, RPM INTERNATIONAL, ARKEMA, EASTMAN CHEMICAL COMPANY, ANGUS CHEMICAL COMPANY, LONZA, MICHELMAN, INC, CABOT CORPORATION, ALBEMARLE CORPORATION, THE LUBRIZOL CORPORATION, SOLVAY, KEMIRA, LANXESS, CRODA INTERNATIONAL, HUNTSMAN INTERNATIONAL, UNIVAR SOLUTIONS INC
Considered in this report
• Geography: Global
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
Aspects covered in this report
• Global Wood Coating market with its value and forecast along with its segments
• Region-wise Wood Coating market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• North America
• Europe
• Asia-Pacific
• LAMEA (Latin America, Middle East & Africa)
By Formulation/Technology
• Solvent Borne
• Water Borne
• UV/Radiation Cured
• Power Borne
• High Solid
By Coating Type
• Stain & Varnish
• Shellac
• Wood Preservative
• Water Repellents
• Others
By End use
• End use
• Furniture & Cabinetry’
• Paneling & Doors
• Siding
• Flooring
• Others
By Resin Type
• Polyurethane
• Acrylic
• Nitrocellulose
• Unsaturated Plyester
• Others
Table Of Content
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic /Demographic Snapshot
5. Global Wood Coating Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By End Use
5.2.5. By Formulation/Technology
5.2.6. By Coating Type
5.2.7. By Resin Type
…continue
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