Market Overview:
The global 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 wood coatings from various end-use industries, such as wooden furniture, indoor decoration, wood flooring, wooden toys and others. In terms of type, the curing type segment is projected to lead the global wood coating market during the forecast period. This can be attributed to factors such as ease of application and better finish quality offered by cured coatings as compared with solvent-based coatings.
Product Definition:
A wood coating is a type of coating that is applied to wood in order to protect it from the elements and prolong its life. Wood coatings can come in a variety of forms, such as paints, sealants, and stains. They are important because they help protect the wood from rot, decay, and other damage caused by exposure to the elements.
Curing Type:
Curing type is the process of treating wood or other organic substrates to create a hard coating. There are two basic curing methods, aniline and non-aniline curing. Curing methodologies evolved from aniline treatment processes have been around for quite some time; however, advancements in technology and methodology have led to the development of new technologies that utilize different chemicals for treating wood or other substrates.
Solvent Type:
Solvent type is a category of chemicals used to bind the wood particles together. There are two major categories which include water-soluble and oil-soluble. The most commonly used solvent in the industry is Acetone (Toluene Diisocyanate). It’s an organic liquid that dissolves many substances including resins, oils, and waxes. However, it cannot dissolve cellulose due to its structure.
Application Insights:
Indoor decoration was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Increasing demand for natural wood texture for designing interior spaces is likely to be a key factor driving the product demand in this application segment.
Wood flooring emerged as another prominent application segment and accounted for 24.5% of total market volume share in 2017 owing to increasing applications of wood coatings on wooden floors across residential & commercial structures globally, especially from developing countries like India, China Indonesia etc., which are suffering from acute shortage of space due to rapid urbanization & rising population density.
The product has numerous industrial applications including manufacturing wooden toys, outdoor furniture and other products such as bedding sets, chairs etc., used at home or office places respectively.
Regional Analysis:
North America dominated the global wood coatings market in 2017. The growth is attributed to increasing demand for wooden products from the residential and non-residential construction sectors in countries, such as Canada and Mexico. Moreover, rising awareness regarding sustainable building materials is expected to fuel product demand over the forecast period.
Asia Pacific is projected to witness a significant CAGR of XX% from 2018 to 2030 owing to rapid industrialization along with growing infrastructure activities in emerging economies of India, China, Indonesia among others are expected drive regional product consumption over the next eight years.
Growth Factors:
- Increasing demand from the construction and furniture industries
- Rising awareness about the benefits of wood coatings over other finishes
- Growing popularity of wood coating products among DIY enthusiasts
- Technological advancements in wood coating formulations and application methods
- Expansion of global distribution networks by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Coating Market Research Report
By Type
Curing Type, Solvent Type
By Application
Wooden Furniture, Indoor Decoration, Wood Floor, Wooden Toys, Wooden Outdoor, Others
By Companies
Akzo Nobel(NL), PPG Industrial Coatings(US), Nippon Paint(JP), Valspar Corporation(US), Sherwin Williams(US), San Marco Group(IT), RPM Inc(US), Brillux(DE), Tikkurila(FI), Henkel(DE), Diamond Vogel Paint(US), Kansai Paint(JP), Basf(US), Craig & Rose(UK), Dupont(US), Meffert AG(DE), Taihog Group(TW), Sacal(UK), Hempel(DK), Carpoly Chemical(CN), Yip's Chemical(CN), Zhanchen Coating(CN), China paints(CN), Guangdong Junedos Building Materials(CN), SanKeShu(CN), JunZiLan coating group(CN), Guangdong Badese(CN), Hebei Chenyang Industry & Trade Group(CN), Sanxia Painting(CN), Guangdong Huilong(CN)
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wood Coating Market Report Segments:
The global Wood Coating market is segmented on the basis of:
Types
Curing Type, Solvent Type
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
Wooden Furniture, Indoor Decoration, Wood Floor, Wooden Toys, Wooden Outdoor, Others
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:
- Akzo Nobel(NL)
- PPG Industrial Coatings(US)
- Nippon Paint(JP)
- Valspar Corporation(US)
- Sherwin Williams(US)
- San Marco Group(IT)
- RPM Inc(US)
- Brillux(DE)
- Tikkurila(FI)
- Henkel(DE)
- Diamond Vogel Paint(US)
- Kansai Paint(JP)
- Basf(US)
- Craig & Rose(UK)
- Dupont(US)
- Meffert AG(DE)
- Taihog Group(TW)
- Sacal(UK)
- Hempel(DK)
- Carpoly Chemical(CN)
- Yip's Chemical(CN)
- Zhanchen Coating(CN)
- China paints(CN)
- Guangdong Junedos Building Materials(CN)
- SanKeShu(CN)
- JunZiLan coating group(CN)
- Guangdong Badese(CN)
- Hebei Chenyang Industry & Trade Group(CN)
- Sanxia Painting(CN)
- Guangdong Huilong(CN)
Highlights of The 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:
- Curing Type
- Solvent Type
- By Application:
- Wooden Furniture
- Indoor Decoration
- Wood Floor
- Wooden Toys
- Wooden Outdoor
- Others
- 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 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?
Wood coating is a protective finish applied to wood that helps preserve the wood's natural color and grain. The finish is also water repellent, which makes it ideal for use on outdoor furniture.
Some of the key players operating in the wood coating market are Akzo Nobel(NL), PPG Industrial Coatings(US), Nippon Paint(JP), Valspar Corporation(US), Sherwin Williams(US), San Marco Group(IT), RPM Inc(US), Brillux(DE), Tikkurila(FI), Henkel(DE), Diamond Vogel Paint(US), Kansai Paint(JP), Basf(US), Craig & Rose(UK), Dupont(US), Meffert AG(DE), Taihog Group(TW), Sacal(UK), Hempel(DK), Carpoly Chemical(CN), Yip's Chemical(CN), Zhanchen Coating(CN), China paints(CN), Guangdong Junedos Building Materials(CN), SanKeShu(CN), JunZiLan coating group(CN), Guangdong Badese(CN), Hebei Chenyang Industry & Trade Group(CN), Sanxia Painting(CN), Guangdong Huilong(CN).
The wood coating market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wood Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood Coating Market - Supply Chain
4.5. Global Wood Coating Market Forecast
4.5.1. Wood Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood Coating Market Absolute $ Opportunity
5. Global Wood Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wood Coating Market Size and Volume Forecast by Type
5.3.1. Curing Type
5.3.2. Solvent Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wood Coating Market Size and Volume Forecast by Application
6.3.1. Wooden Furniture
6.3.2. Indoor Decoration
6.3.3. Wood Floor
6.3.4. Wooden Toys
6.3.5. Wooden Outdoor
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wood Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wood Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wood Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wood Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wood Coating Demand Share Forecast, 2019-2026
9. North America Wood Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wood Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wood Coating Market Size and Volume Forecast by Application
9.4.1. Wooden Furniture
9.4.2. Indoor Decoration
9.4.3. Wood Floor
9.4.4. Wooden Toys
9.4.5. Wooden Outdoor
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wood Coating Market Size and Volume Forecast by Type
9.7.1. Curing Type
9.7.2. Solvent Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wood Coating Demand Share Forecast, 2019-2026
10. Latin America Wood Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wood Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wood Coating Market Size and Volume Forecast by Application
10.4.1. Wooden Furniture
10.4.2. Indoor Decoration
10.4.3. Wood Floor
10.4.4. Wooden Toys
10.4.5. Wooden Outdoor
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wood Coating Market Size and Volume Forecast by Type
10.7.1. Curing Type
10.7.2. Solvent Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wood Coating Demand Share Forecast, 2019-2026
11. Europe Wood Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wood Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wood Coating Market Size and Volume Forecast by Application
11.4.1. Wooden Furniture
11.4.2. Indoor Decoration
11.4.3. Wood Floor
11.4.4. Wooden Toys
11.4.5. Wooden Outdoor
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wood Coating Market Size and Volume Forecast by Type
11.7.1. Curing Type
11.7.2. Solvent Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wood Coating Demand Share, 2019-2026
12. Asia Pacific Wood Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wood Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wood Coating Market Size and Volume Forecast by Application
12.4.1. Wooden Furniture
12.4.2. Indoor Decoration
12.4.3. Wood Floor
12.4.4. Wooden Toys
12.4.5. Wooden Outdoor
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wood Coating Market Size and Volume Forecast by Type
12.7.1. Curing Type
12.7.2. Solvent Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wood Coating Demand Share, 2019-2026
13. Middle East & Africa Wood Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wood Coating Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wood Coating Market Size and Volume Forecast by Application
13.4.1. Wooden Furniture
13.4.2. Indoor Decoration
13.4.3. Wood Floor
13.4.4. Wooden Toys
13.4.5. Wooden Outdoor
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wood Coating Market Size and Volume Forecast by Type
13.7.1. Curing Type
13.7.2. Solvent Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wood Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood Coating Market: Market Share Analysis
14.2. Wood Coating Distributors and Customers
14.3. Wood Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel(NL)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industrial Coatings(US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Paint(JP)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Valspar Corporation(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sherwin Williams(US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. San Marco Group(IT)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. RPM Inc(US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Brillux(DE)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tikkurila(FI)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Henkel(DE)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Diamond Vogel Paint(US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kansai Paint(JP)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Basf(US)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Craig & Rose(UK)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dupont(US)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Meffert AG(DE)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Taihog Group(TW)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sacal(UK)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hempel(DK)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Carpoly Chemical(CN)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
