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Wood Coatings Market  - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Wood Coatings Industry: Forecasts to 2025

  • August 2017
  • 318 pages
  • ID: 5098934
In this report:
Increasing public awareness regarding coatings with low volatile organic compounds and the implementation of safety regulations are factors that significantly contribute to growth of the wood coatings market.
Figure ##: Global Wood Coatings Market Size (US$ Mn) and Volume (Tons) Analysis, by Water-based, 2016–2025


Table of Contents

Global Wood Coatings Market: Summary

The term wood coatings implies a wide range of products including stains, varnishes, shellacs, and lacquers, which are commonly used in the domestic and industrial sectors. The significance of wood coatings is that they add depth and warmth to the appearance of the wooden structures. They can be applied in the form of surface coatings, natural finishes, pigmented finishes, penetrating finishes and wax polishes. Depending upon the applications, the usage of wood coatings also varies. The top applications of wood coatings contain furniture, cabinets, and side and deck.

Global Wood Coatings Market: Drivers and Restraints and Trends

The recovery of the housing industry all over the world is propelling the wood coatings market. Demand for side and deck in advanced countries is growing. This is anticipated to drive the sector for wood coatings in the upcoming future. The new recovery of the housing industry across the globe is propelling the overall wood coatings market. The rise in construction of additional homes and the house modifications are factors driving the wood coatings market. Wood coatings are highly used for kitchen furnishings and flooring.

Demand for side and deck in advanced countries is rising, which is anticipated to fuel the industry for wood coatings in the next few years. Growing public awareness regarding coatings with low volatile organic compounds and the implementation of safety regulations are factors that significantly contribute to growth of the wood coatings market. Rising disposable income is also considered as a propelling factor for overall wood coatings market.

Increase in the residential housing sector along increasing demand for furniture, decking, and siding products are considered as the growth opportunities for the wood coatings market. Also, the shift towards green technology is another opportunity creator, as it deals with the non-volatile emission of organic compounds. Strategic co-operation among manufacturers is also considered as the opportunity for the wood coatings market

The report estimates and forecasts the wood coatings market on the overall, regional and country levels. The analysis offers estimate between 2017 and 2025 established on quantity and revenue with 2016 as the base year. The analysis comprises an exhaustive value chain analysis for each of the segments. It offers a exhaustive view of the market. Value chain study also offers exhaustive information about value addition at each stage. The research includes drivers and industry restraints for the wood coatings business along with their effect on demand during the outlook period.

The report also contains main market indicators affecting the increase of the market. The market research examines possibilities in the wood coatings market on the overall, regional and country level. Drivers, market restraints, and alternatives mentioned in the industry report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Moreover, the study examines substitute analysis of wood coatings and overall average price trend analysis.

Global Wood Coatings Market: Segmentation

The analysis includes Porter's Five Forces Model to determine the degree of competition in the wood coatings market. The market research comprises a qualitative write-up on Analysis of market appeal, wherein consumers and localities have been examined based on attractiveness for each area.

Rate of growth, market value, raw material availability, profit margin, impact strength, technology, competition, and other factors (including environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The industry report comprises price trend analysis for wood coatings between 2017 and 2025.

The market research offers a exhaustive view of the wood coatings market by dividing it into resin, product, technology, application, and geography segments. Resin segment has been classified into polyurethane, acrylics, melamine formaldehyde, nitrocellulose, and others. The product segment of the wood coatings market is classified as stains & varnishes, shellacs, lacquers, and others. The technology segmentation contains oil based wood coatings, water based wood coatings and also solvent based wood coatings.

The wood coatings market, by application has been classified into furniture, cabinets, side & deck, and others. The regional analysis of overall wood coatings market include includes the current and forecast consumption of wood coatings in North America continent, Latin America area (Brazil (BR), Mexico (MX), Rest of Latin America area), EU (Germany (DE), France (FR), Italy (IT), U.K, Spain (ES), and Rest of Europe (EU)), Asia Pacific (APAC) (China (CN), India (IN), Japan (JP) & ASEAN), and Middle East area & African continent (GCC, Egypt, South Africa (ZA) and Rest of Middle East (ME) & African continent). Market segmentation includes demand for consumption in all the areas and territories individually.

Global Wood Coatings Market: Competitive Analysis

The study includes in-depth challenging outlook that contains segment market share and profiles of top players operating in the overall market. Main actors described in this study include Akzo Nobel N.V, BASF SE, Nippon Paint Holding Co., Ltd, PPG Industries, Incorporated, RPM International Inc., The Sherwin Williams Company, and The Dow Chemical Company. Company profiles contain attributes including company overview, number of employees, brand overview, key players, business overview, strategic management, new/top developments, acquisitions, and financial review.

Secondary research sources that were typically referred to include, but were not limited to, The World Paint & Coatings Industry Association, American Coatings Association, National Wood Flooring Association, British Coating Federation, The Society for Protective Coatings, Chemical Coaters Association International, American Wood Protection Association and European Wood Preservative Manufacturers Association,company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources including internal and external proprietary databases, statistical databases and industry reports, news articles, national government documents, and webcasts particular to companies operating in the sector have also been referred for the market research.

Comprehensive interviews and discussions with a wide range of main opinion leaders and industry participants were conducted to compile this market research. Primary research introduces the bulk of research efforts, complemented by comprehensive secondary research. Top players' product literature, annual reports, press releases, and pertinent documents were reviewed for analysis of competitors and market perceptive. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team's expertise and market perception.

Global Wood Coatings Market, by Regional Analysis

North America (NA)


Canada (CA)

Latin America

Brazil (BR)

Mexico (MX)

Rest of Latin America

Europe (EU)

Germany (DE)

France (FR)

United Kingdom (UK)

Spain (ES)

Italy (IT)

Rest of europe (EU)


China (CN)

Japan (JP)

India (IN)

Association of southeast asian nations (asean)

Rest of Asia Pacific (APAC)

African region & Middle East

Gulf cooperation council (gcc)


South africa (SA)

Rest of African region and Middle East

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