EUROPE WOOD COATINGS MARKET FORECAST 2024-2032
SCOPE OF THE REPORT
Europe Wood Coatings Market by Resin Type (Nitrocellulose, Polyurethane, Polyester, Acrylic, Other Resin Types) Market by Technology (UV-cured, Water-borne, Powder Coatings, Solvent-borne) Market by Application (Doors and Window, Furniture and Fixture, Cabinet, Floor, Deck) by Geography
REPORTS » CHEMICALS AND MATERIALS » PAINTS AND COATINGS » EUROPE WOOD COATINGS MARKET FORECAST 2024-2032
MARKET OVERVIEW
The Europe wood coatings market is predicted to grow at a CAGR of 4.72% during the forecast period, 2024-2032, and is estimated to garner a revenue of $xx million by 2032.
The flourishing building & construction industry and the enhanced living standards propel market growth in Europe.
The Europe wood coatings market growth evaluation includes the assessment of the United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe. The European region has been the focal point of wood coatings consumption. This is because the houses in Europe are constructed of wood. The presence of the automotive and construction sectors, the tourism factor, and activities associated with construction propel market growth in the region. The construction sector is the backbone of the economy of the few countries in the region. This, in turn, benefits the wood coatings market owing to the rising demand. The countries that export wooden furniture and products use wood coatings to ensure the safety of the products, which further contributes to market growth. Additionally, the presence of industry players, manufacturers, and exporters benefits market growth.
To Know More About This Report, Request a Free Sample Copy
The Europe wood coatings market segmentation includes resin type, application, and technology. The technology segment includes solvent-borne, powder coatings, UV-cured, and water-borne.
The wood coatings market, particularly concerning solvent-borne technology, exhibits notable trends and dynamics. Despite facing regulatory pressures due to environmental concerns, solvent-borne wood coatings continue to maintain a significant presence in the market owing to their exceptional performance characteristics such as durability, adhesion, and versatility. However, stringent regulations pertaining to volatile organic compound (VOC) emissions have prompted manufacturers to invest in research and development efforts aimed at formulating low-VOC and environmentally friendly solvent-borne coatings.
Furthermore, market players are increasingly focusing on innovation to address these regulatory challenges while meeting consumer demands for high-quality finishes. This has led to the development of advanced solvent-borne formulations that strike a balance between performance and environmental sustainability.
Geographically, the market for solvent-borne wood coatings is witnessing robust growth in regions with a thriving construction and furniture industry, such as Asia-Pacific and North America. These regions are characterized by rapid urbanization, rising disposable incomes, and a growing preference for aesthetically appealing wood products, thereby driving the demand for solvent-borne coatings.
Also, strategic collaborations, mergers, and acquisitions among key industry players are shaping the competitive landscape of the solvent-borne wood coatings market. These initiatives are aimed at expanding product portfolios, enhancing technological capabilities, and strengthening market presence.
Some of the prominent companies in the Europe wood coatings market are Axalta Coating Systems LLC, BASF SE, Akzo Nobel NV, etc.
AkzoNobel NV manufactures paints and coatings and offers automotive coatings, marine coatings, protective coatings, etc. It also supplies lacquers, paints, adhesives, varnishes, etc., for the building and renovation industry. Its products are marketed under various brand names like Dulus, Bruguer, Flexa, Inca, etc. The company is headquartered in Amsterdam, the Netherlands, and operates across Europe, Africa, the Middle East, and Asia-Pacific.
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2024-2032 |
Base Year | 2023 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Resin Type, Application, and Technology |
Countries Analyzed | The United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe |
Companies Analyzed | Nippon Paint Holdings Co Ltd, PPG Industries Inc, Asian Paints, The Sherwin-Williams Company, RPM International Inc, Diamond Paints, Axalta Coating Systems LLC, BASF SE, Kansai Helios, Akzo Nobel NV, Eastman Chemical Company, Teknos Group |
TABLE OF CONTENTS
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- MAJOR MARKET FINDINGS
- EMBRACING UV-CURABLE COATINGS TO ENHANCE EFFICIENCY
- TRANSITIONING TOWARD POWDER COATINGS
- GROWING UTILIZATION OF ANTI-GRAFFITI COATINGS
MARKET DYNAMICS
- KEY DRIVERS
- RISING DEMAND FROM THE BUILDING & CONSTRUCTION INDUSTRY
- INCREASING DISPOSABLE INCOME AND SPENDING ON HOME IMPROVEMENT
- GROWING DEMAND FOR GREEN PRODUCTS MADE FROM RENEWABLE SOURCES
- KEY RESTRAINTS
- FLUCTUATING PRICES OF RAW MATERIALS AFFECTING PRODUCTION COSTS
- ENVIRONMENTAL REGULATIONS RESTRICT CERTAIN CHEMICALS
- COMPETITION FROM COMPOSITES AND PLASTICS
- KEY DRIVERS
KEY ANALYTICS
- KEY MARKET TRENDS
- NANOTECHNOLOGY ENHANCES COATING PERFORMANCE
- CUSTOMIZATION FOR SPECIFIC APPLICATIONS LIKE FLOORING AND FURNITURE
- SMART COATINGS WITH SELF-HEALING & ANTIMICROBIAL PROPERTIES
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- GROWTH PROSPECT MAPPING FOR GERMANY
- MARKET MATURITY ANALYSIS
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- RAW MATERIAL SOURCING AND PROCESSING
- PRODUCT INNOVATION AND TECHNOLOGY DEVELOPMENT
- SUPPLY CHAIN MANAGEMENT AND MARKET DISTRIBUTION
- CUSTOMER SUPPORT AND MAINTENANCE SERVICES
- KEY BUYING CRITERIA
- COATING PERFORMANCE AND WOOD COMPATIBILITY
- COST-EFFECTIVENESS AND VALUE ALIGNMENT FOR WOOD SURFACE APPLICATIONS
- RELIABILITY AND LONGEVITY OF COATINGS ON WOOD SURFACES
- SUPPLIER TRACK RECORD AND WOOD COATING EXPERTISE
- KEY MARKET TRENDS
MARKET BY RESIN TYPE
- NITROCELLULOSE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- POLYURETHANE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- POLYESTER
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- ACRYLIC
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER RESIN TYPES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- NITROCELLULOSE
MARKET BY TECHNOLOGY
- UV-CURED
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- WATER-BORNE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- POWDER COATINGS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- SOLVENT-BORNE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- UV-CURED
MARKET BY APPLICATION
- DOORS AND WINDOW
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- FURNITURE AND FIXTURE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- CABINET
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- FLOOR
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- DECK
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- DOORS AND WINDOW
GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- EUROPE WOOD COATINGS MARKET DRIVERS
- EUROPE WOOD COATINGS MARKET CHALLENGES
- EUROPE WOOD COATINGS MARKET REGULATORY FRAMEWORK
- KEY PLAYERS IN EUROPE WOOD COATINGS MARKET
- COUNTRY ANALYSIS
- UNITED KINGDOM
- UNITED KINGDOM WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- GERMANY
- GERMANY WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- FRANCE
- FRANCE WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- ITALY
- ITALY WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- SPAIN
- SPAIN WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- BELGIUM
- BELGIUM WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- POLAND
- POLAND WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- REST OF EUROPE
- REST OF EUROPE WOOD COATINGS MARKET SIZE & OPPORTUNITIES
- UNITED KINGDOM
- EUROPE
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- NIPPON PAINT HOLDINGS CO LTD
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- PPG INDUSTRIES INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- ASIAN PAINTS
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- THE SHERWIN-WILLIAMS COMPANY
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- RPM INTERNATIONAL INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- DIAMOND PAINTS
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- AXALTA COATING SYSTEMS LLC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- BASF SE
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- KANSAI HELIOS
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- AKZO NOBEL N.V
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- EASTMAN CHEMICAL COMPANY
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- TEKNOS GROUP
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- NIPPON PAINT HOLDINGS CO LTD
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – WOOD COATINGS MARKET
TABLE 2: EUROPE WOOD COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: EUROPE WOOD COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: EUROPE WOOD COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: EUROPE WOOD COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: EUROPE WOOD COATINGS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: EUROPE WOOD COATINGS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: EUROPE WOOD COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: EUROPE WOOD COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: EUROPE 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 GERMANY
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: EUROPE WOOD COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2023
FIGURE 7: EUROPE WOOD COATINGS MARKET, BY NITROCELLULOSE, 2024-2032 (IN $ MILLION)
FIGURE 8: EUROPE WOOD COATINGS MARKET, BY POLYURETHANE, 2024-2032 (IN $ MILLION)
FIGURE 9: EUROPE WOOD COATINGS MARKET, BY POLYESTER, 2024-2032 (IN $ MILLION)
FIGURE 10: EUROPE WOOD COATINGS MARKET, BY ACRYLIC, 2024-2032 (IN $ MILLION)
FIGURE 11: EUROPE WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2024-2032 (IN $ MILLION)
FIGURE 12: EUROPE WOOD COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2023
FIGURE 13: EUROPE WOOD COATINGS MARKET, BY UV-CURED, 2024-2032 (IN $ MILLION)
FIGURE 14: EUROPE WOOD COATINGS MARKET, BY WATER-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 15: EUROPE WOOD COATINGS MARKET, BY POWDER COATING, 2024-2032 (IN $ MILLION)
FIGURE 16: EUROPE WOOD COATINGS MARKET, BY SOLVENT-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 17: EUROPE WOOD COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 18: EUROPE WOOD COATINGS MARKET, BY DOORS AND WINDOW, 2024-2032 (IN $ MILLION)
FIGURE 19: EUROPE WOOD COATINGS MARKET, BY FURNITURE AND FIXTURE, 2024-2032 (IN $ MILLION)
FIGURE 20: EUROPE WOOD COATINGS MARKET, BY CABINET, 2024-2032 (IN $ MILLION)
FIGURE 21: EUROPE WOOD COATINGS MARKET, BY FLOOR, 2024-2032 (IN $ MILLION)
FIGURE 22: EUROPE WOOD COATINGS MARKET, BY DECK, 2024-2032 (IN $ MILLION)
FIGURE 23: EUROPE WOOD COATINGS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 24: UNITED KINGDOM WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 25: GERMANY WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 26: FRANCE WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 27: ITALY WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 28: SPAIN WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 29: BELGIUM WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 30: POLAND WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 31: REST OF EUROPE WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)
FAQ’s
RELATED REPORTS
-
GLOBAL WOOD COATINGS MARKET FORECAST 2024-2032
-
ASIA-PACIFIC WOOD COATINGS MARKET FORECAST 2024-2032
-
NORTH AMERICA WOOD COATINGS MARKET FORECAST 2024-2032
-
UNITED STATES WOOD COATINGS MARKET FORECAST 2024-2032
-
MALAYSIA WOOD COATINGS MARKET FORECAST 2024-2032
-
INDIA WOOD COATINGS MARKET FORECAST 2024-2032
-
GERMANY WOOD COATINGS MARKET FORECAST 2024-2032
-
CHINA WOOD COATINGS MARKET FORECAST 2024-2032
-
EUROPE AUTONOMOUS MOBILE ROBOTS (AMR) MARKET FORECAST 2024-2032
-
EUROPE GOLF CART MARKET FORECAST 2024-2032