Market Overview:
The global oily wood coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oily wood coatings from various end-use industries, such as furniture, flooring, doors and windows, and others. In terms of type, the solvent borne segment is expected to lead the global oily wood coating market during the forecast period. This can be attributed to its properties such as high solids content and good adhesion properties. In terms of application, furniture is expected to lead the global oily wood coating market during the forecast period.
Product Definition:
An oily wood coating is a substance that is applied to the surface of wood in order to protect it from the elements and make it more durable. Oily wood coatings can help to prevent water damage, rot, and decay, and they can also make the wood less susceptible to fire.
Solvent Borne:
Solvent borne coatings are used to protect wood from moisture, insects & microorganisms and UV rays. Oily wood coating is applied on the surface of wooden furniture to provide it with a smooth, durable finish. The growth factor for solvent-borne coatings in the market is that they have low Volatile Organic Compounds (VOC) content which makes them environment friendly as well as suitable for consumers having respiratory problems such as asthma.
High-Solids:
High-solids content in oil-based wood coatings is primarily responsible for the superior performance of these products. The solubility of high-solid content in organic oils and fats is expected to increase its application scope as a coating over other materials, such as metal, concrete, and textiles.
Application Insights:
The other application segment includes construction and marine applications. Other products such as powder coatings are not used on wood due to its natural oil content. However, the demand for the product is expected to grow in oiltied wood coating formulators¢â‚¬â„¢ expectations of increasing penetration in various end-use industries including furniture, flooring, doors and windows and others over the forecast period.
Furniture was estimated as the largest application segment with a revenue share of over 35% in 2017 owing to increasing use of wooden bedframes, cabinets etc., across homes worldwide. Oily woods have high moisture resistance which makes it suitable for use in furniture items that get exposed to moisture or dampness such as drawers or shelves where personal belongings are stored at home or at work place respectively.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing demand for eco-friendly and sustainable products from the residential, commercial, and industrial sectors. Moreover, high consumer disposable income levels coupled with a growing preference for luxury furniture are expected to drive product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid urbanization along with rising construction activities in emerging economies such as China and India. In addition, increasing investments in infrastructure development are likely to boost product consumption across this region during the forecast years.
Growth Factors:
- Increasing demand from construction and furniture industry for oily wood coating products to enhance the durability and appearance of wood surfaces.
- Rising awareness about the benefits of using oily wood coatings among consumers, which is expected to boost market growth in the coming years.
- Growing demand for water-resistant and weather-resistant coatings due to changing climatic conditions across the globe.
- Technological advancements in manufacturing processes that are resulting in better quality products with enhanced performance characteristics, which is likely to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oily Wood Coating Market Research Report
By Type
Solvent Borne, High-Solids, Radiation Curable, Other
By Application
Furniture, Flooring, Doors and Windows, Other
By Companies
Arkema Group, Royal Dsm, Allnex, Dynea, Helios Group, Sirca Spa, Ivm Group, Synthopol Chemie, Polynt, Nuplex Corporate, Arkema Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Oily Wood Coating Market Report Segments:
The global Oily Wood Coating market is segmented on the basis of:
Types
Solvent Borne, High-Solids, Radiation Curable, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Furniture, Flooring, Doors and Windows, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema Group
- Royal Dsm
- Allnex
- Dynea
- Helios Group
- Sirca Spa
- Ivm Group
- Synthopol Chemie
- Polynt
- Nuplex Corporate
- Arkema Group
Highlights of The Oily Wood Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent Borne
- High-Solids
- Radiation Curable
- Other
- By Application:
- Furniture
- Flooring
- Doors and Windows
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oily Wood Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oily wood coating is a type of finish that is applied to wooden surfaces to protect them from the elements and make them look nicer. It's made up of a mixture of oil, wax, and resin, which are all mixed together and then applied to the surface. The oil helps keep the coating on top of the wood while it dries, while the wax provides a protective layer against moisture and scratches. The resin helps bind everything together so that it doesn't peel or chip off over time.
Some of the key players operating in the oily wood coating market are Arkema Group, Royal Dsm, Allnex, Dynea, Helios Group, Sirca Spa, Ivm Group, Synthopol Chemie, Polynt, Nuplex Corporate, Arkema Group.
The oily wood coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oily Wood Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oily Wood Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oily Wood Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oily Wood Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oily Wood Coating Market Size & Forecast, 2020-2028
4.5.1 Oily Wood Coating Market Size and Y-o-Y Growth
4.5.2 Oily Wood Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solvent Borne
5.2.2 High-Solids
5.2.3 Radiation Curable
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Furniture
6.2.2 Flooring
6.2.3 Doors and Windows
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oily Wood Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oily Wood Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solvent Borne
9.6.2 High-Solids
9.6.3 Radiation Curable
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Furniture
9.10.2 Flooring
9.10.3 Doors and Windows
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solvent Borne
10.6.2 High-Solids
10.6.3 Radiation Curable
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Furniture
10.10.2 Flooring
10.10.3 Doors and Windows
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solvent Borne
11.6.2 High-Solids
11.6.3 Radiation Curable
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Furniture
11.10.2 Flooring
11.10.3 Doors and Windows
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solvent Borne
12.6.2 High-Solids
12.6.3 Radiation Curable
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Furniture
12.10.2 Flooring
12.10.3 Doors and Windows
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solvent Borne
13.6.2 High-Solids
13.6.3 Radiation Curable
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Furniture
13.10.2 Flooring
13.10.3 Doors and Windows
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oily Wood Coating Market: Competitive Dashboard
14.2 Global Oily Wood Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema Group
14.3.2 Royal Dsm
14.3.3 Allnex
14.3.4 Dynea
14.3.5 Helios Group
14.3.6 Sirca Spa
14.3.7 Ivm Group
14.3.8 Synthopol Chemie
14.3.9 Polynt
14.3.10 Nuplex Corporate
14.3.11 Arkema Group
