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GLOBAL WOOD COATINGS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Global 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


MARKET OVERVIEW

According to Inkwood Research, the global wood coatings market is expected to record a CAGR of 4.45% during the forecast period, 2024-2032, and garner a revenue of $xx million by 2032

Wood coatings are protective finishes applied to wooden materials and products to enhance their durability and aesthetic appeal. They mainly include stains, varnishes, shellacs, and lacquers made from natural resins or binding agents.

Wood coatings protect the wooden surface from moisture, UV rays, fungi growth, and mechanical damage during use. They also even out surface imperfections and make the grain more prominent.

Different types of coatings are used for specific applications, ranging from furniture and cabinets to decking and siding. Product innovation has focused on developing eco-friendly water-borne finishes with low VOCs, as well as smart coatings.

Wood Coatings Market

Read our latest blog on the Wood Coatings Market

GROWTH ENABLERS

Key growth enablers of the global wood coatings market are:

  • Rising demand from the building & construction industry
  • Increasing disposable income and spending on home improvement
    • One significant factor enabling the growth of the wood coatings market is the rising disposable income and consumer expenditure allocated toward home upgrades and renovations.
    • As households invest in high-end wooden flooring, furniture, cabinets, and external woodwork, the demand for premium wood coatings and finishes is increasing. Consumers are willing to pay more for luxury fixtures and fittings, such as wooden decking, that utilize innovative and protective wood finishes.
    • The gradual recovery in construction activity, especially across developed nations, has also fueled the procurement of wood products using the latest stains and varnishes. This trend is linked to the growing popularity of eco-conscious and smart coatings.
    • With more resources being directed towards enhancing interiors and exteriors with fine wooden elements, increased consumer spending on home improvements is expected to catalyze the uptake of wood coatings over the coming years.
  • Growing demand for green products made from renewable sources

GROWTH RESTRAINTS

Key factors restraining the global wood coatings market growth are:

  • Fluctuating prices of raw materials affecting production costs
    • Market growth faces potential restraints due to the price volatility of key raw materials used in wood coating production.
    • Petrochemical companies supply major inputs such as resins, additives, and pigments. The costs of these inputs remain susceptible to fluctuations in crude oil prices and demand-supply constraints within the petrochemical sector.
    • If input costs escalate considerably, the profit margins of wood coating vendors decline, which slows market expansion. Producers may need to increase finished product prices in such cases, further dampening short-term demand.
    • Periods of raw material price instability also impact efficient planning around production volumes and inventory maintenance.
  • Environmental regulations restrict certain chemicals
  • Competition from composites and plastics

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KEY MARKET TRENDS

Global Wood Coatings Market | Top Trends

  • There is a growing trend in the wood coatings industry towards leveraging nanotechnology to develop enhanced products with improved durability, antimicrobial properties, self-cleaning capabilities, and other functionalities. For instance, the incorporation of inorganic nanoparticles such as titanium dioxide introduces photocatalytic properties, which aid in breaking down soil and environmental pollutants on wood surfaces.
  • The application of nanotechnology is revolutionizing the development of advanced wood coatings, offering a range of improved functionalities. These coatings, which incorporate nanoparticles or nano additives, exhibit properties such as enhanced scratch resistance, self-cleaning capabilities, antimicrobial activity, UV absorption, and flame retardancy. Furthermore, nanoparticle coatings serve as efficient moisture and heat barriers, bolstering the performance of the coating under varying weather conditions.

MARKET SEGMENTATION

Market Segmentation – Resin Type, Technology, and Application –

Market by Resin Type:

    • Nitrocellulose
      • Nitrocellulose-based resins are essential for manufacturing wood coatings products, including stains, varnishes, lacquers, and printing inks. These coatings, containing nitrocellulose resin dissolved in an organic solvent, provide a durable, glossy finish once cured. They offer fast drying times, high resistance to abrasion and moisture, and the ability to cover surfaces smoothly with just a few coats. Products with nitrocellulose resins also allow flexibility in color selection, ensuring desired transparency and clarity.
      • Globally, the nitrocellulose coatings segment holds a significant share in terms of market value and volume.
      • This demand is driven by applications in construction, furniture, retail spaces, and other industries requiring wood finishing. Their relative affordability and ease of application also encourage adoption by small contractors and DIY consumers.
  • Polyurethane
  • Polyester
  • Acrylic
  • Other Resin Types

Market by Technology:

  • UV-Cured 
    • UV-cured technology involves the drying and curing of wood coatings using ultraviolet radiation instead of heat or evaporative solvents. UV-curable coatings offer faster processing times compared to traditional thermal curing. They contain reactive components that polymerize instantly when exposed to concentrated UV light, transforming the applied liquid coating into a hardened protective film.
    • UV-cured technology is gaining traction in artisanal woodcraft, luxury furniture, and specific architectural fittings that demand resilient, high-performance coatings. Advancements in UV curing equipment and new acrylate oligomers are further expanding the use of UV coatings. However, high energy costs remain a constraint. Targeted research to develop more efficient photoinitiators that respond to wider wavelengths can potentially address cost concerns and enable deeper penetration of UV-cured wood coatings.
  • Water-Borne
  • Powder Coatings
  • Solvent-Borne

Market by Application:

  • Doors and Window
  • Furniture and Fixture
  • Cabinet
  • Floor
  • Deck

GEOGRAPHICAL STUDY

Geographical Study based on Four Major Regions:
  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific
    • Asia-Pacific accounts for the largest share of the global wood coatings market. This can be attributed to the massive construction and infrastructure development in high-growth economies such as China, India, and Southeast Asia, which is spurring demand for wood products and associated coatings. As disposable incomes rise, expenditure on furnishings, wooden flooring, and decorative fixtures employing premium wood finishes has also increased across the region.
    • Leading suppliers in Asia-Pacific include Nippon Paint, AkzoNobel, and Kansai Paint, with a dominant presence across major regional markets. Nippon Paint is a pioneer in technologies such as UV-cured coatings and leads in Japan’s wood paints and coatings segment.
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

The major players in the global wood coatings market are:

  • Nippon Paint Holdings Co Ltd
  • PPG Industries Inc
  • Asian Paints
  • The Sherwin-Williams Company
  • RPM International Inc
  • Diamond Paints

Key strategies adopted by some of these companies: 

  • In November 2022, Asian Paints inaugurated a new manufacturing facility in Vietnam as part of its expansion strategy to meet the increasing demand in Southeast Asia.
  • In September 2023, the Sherwin-Williams Company introduced a new range of low-VOC (volatile organic compound) wood coatings designed specifically for interior applications, aiming to provide environmentally friendly options for customers.
  • In March 2023, RPM International Inc completed the acquisition of Tremco, a renowned manufacturer known for its roofing and waterproofing products. This acquisition also encompasses Tremco’s expertise in wood coatings solutions, further enhancing RPM International’s portfolio.
  • In March 2023, Diamond Paints unveiled a new series of water-based wood coatings boasting enhanced durability and weather resistance.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments AnalyzedResin Type, Technology, and Application
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
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

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. MAJOR MARKET FINDINGS
      1. EMBRACING UV-CURABLE COATINGS TO ENHANCE EFFICIENCY
      2. TRANSITIONING TOWARD POWDER COATINGS
      3. GROWING UTILIZATION OF ANTI-GRAFFITI COATINGS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. RISING DEMAND FROM THE BUILDING & CONSTRUCTION INDUSTRY
      2. INCREASING DISPOSABLE INCOME AND SPENDING ON HOME IMPROVEMENT
      3. GROWING DEMAND FOR GREEN PRODUCTS MADE FROM RENEWABLE SOURCES
    2. KEY RESTRAINTS
      1. FLUCTUATING PRICES OF RAW MATERIALS AFFECTING PRODUCTION COSTS
      2. ENVIRONMENTAL REGULATIONS RESTRICT CERTAIN CHEMICALS
      3. COMPETITION FROM COMPOSITES AND PLASTICS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. NANOTECHNOLOGY ENHANCES COATING PERFORMANCE
      2. CUSTOMIZATION FOR SPECIFIC APPLICATIONS LIKE FLOORING AND FURNITURE
      3. SMART COATINGS WITH SELF-HEALING & ANTIMICROBIAL PROPERTIES 
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR UNITED STATES
      2. GROWTH PROSPECT MAPPING FOR GERMANY
      3. GROWTH PROSPECT MAPPING FOR CHINA
      4. GROWTH PROSPECT MAPPING FOR UNITED ARAB EMIRATES
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
      1. RAW MATERIAL SOURCING AND PROCESSING
      2. PRODUCT INNOVATION AND TECHNOLOGY DEVELOPMENT
      3. SUPPLY CHAIN MANAGEMENT AND MARKET DISTRIBUTION
      4. CUSTOMER SUPPORT AND MAINTENANCE SERVICES
    7. KEY BUYING CRITERIA
      1. COATING PERFORMANCE AND WOOD COMPATIBILITY
      2. COST-EFFECTIVENESS AND VALUE ALIGNMENT FOR WOOD SURFACE APPLICATIONS
      3. RELIABILITY AND LONGEVITY OF COATINGS ON WOOD SURFACES
      4. SUPPLIER TRACK RECORD AND WOOD COATING EXPERTISE
  5. MARKET BY RESIN TYPE
    1. NITROCELLULOSE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. POLYURETHANE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. POLYESTER
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. ACRYLIC
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER RESIN TYPES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY TECHNOLOGY
    1. UV-CURED
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. WATER-BORNE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. POWDER COATINGS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. SOLVENT-BORNE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY APPLICATION
    1. DOORS AND WINDOW
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. FURNITURE AND FIXTURE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. CABINET
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. FLOOR
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. DECK
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA WOOD COATINGS MARKET DRIVERS
      3. NORTH AMERICA WOOD COATINGS MARKET CHALLENGES
      4. NORTH AMERICA WOOD COATINGS MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN NORTH AMERICA WOOD COATINGS MARKET
      6. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE WOOD COATINGS MARKET DRIVERS
      3. EUROPE WOOD COATINGS MARKET CHALLENGES
      4. EUROPE WOOD COATINGS MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN EUROPE WOOD COATINGS MARKET
      6. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        6. BELGIUM
          1. BELGIUM WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        7. POLAND
          1. POLAND WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        8. REST OF EUROPE
          1. REST OF EUROPE WOOD COATINGS MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC WOOD COATINGS MARKET DRIVERS
      3. ASIA-PACIFIC WOOD COATINGS MARKET CHALLENGES
      4. ASIA-PACIFIC WOOD COATINGS MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN ASIA-PACIFIC WOOD COATINGS MARKET
      6. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        5. THAILAND
          1. THAILAND WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        6. VIETNAM
          1. VIETNAM WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        7. INDONESIA
          1. INDONESIA THAILAND WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC WOOD COATINGS MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD WOOD COATINGS MARKET DRIVERS
      3. REST OF WORLD WOOD COATINGS MARKET CHALLENGES
      4. REST OF WORLD WOOD COATINGS REGULATORY FRAMEWORK
      5. KEY PLAYERS IN REST OF WORLD WOOD COATINGS MARKET
      6. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA WOOD COATINGS MARKET SIZE & OPPORTUNITIES
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. NIPPON PAINT HOLDINGS CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. PPG INDUSTRIES INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. ASIAN PAINTS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      4. THE SHERWIN-WILLIAMS COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. RPM INTERNATIONAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      6. DIAMOND PAINTS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      7. AXALTA COATING SYSTEMS LLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      8. BASF SE
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      9. KANSAI HELIOS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      10. AKZO NOBEL NV
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      11. EASTMAN CHEMICAL COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      12. TEKNOS GROUP
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – WOOD COATINGS MARKET 

TABLE 2: GLOBAL WOOD COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL WOOD COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: GLOBAL NITROCELLULOSE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL NITROCELLULOSE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: GLOBAL POLYURETHANE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL POLYURETHANE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: GLOBAL POLYESTER MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL POLYESTER MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: GLOBAL ACRYLIC MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL ACRYLIC MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: GLOBAL OTHER RESIN TYPES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL OTHER RESIN TYPES MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 14: GLOBAL WOOD COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL WOOD COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 16: GLOBAL UV-CURED MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL UV-CURED MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 18: GLOBAL WATER-BORNE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL WATER-BORNE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 20: GLOBAL POWDER COATINGS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL POWDER COATINGS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 22: GLOBAL SOLVENT-BORNE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: GLOBAL SOLVENT-BORNE MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 24: GLOBAL WOOD COATINGS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 25: GLOBAL WOOD COATINGS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 26: GLOBAL DOORS AND WINDOWS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 27: GLOBAL DOORS AND WINDOWS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 28: GLOBAL FURNITURE AND FIXTURES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: GLOBAL FURNITURE AND FIXTURES MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 30: GLOBAL CABINETS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 31: GLOBAL CABINETS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 32: GLOBAL FLOORS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 33: GLOBAL FLOORS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 34: GLOBAL DECKS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 35: GLOBAL DECKS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 36: GLOBAL WOOD COATINGS MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 37: GLOBAL WOOD COATINGS MARKET, BY GEOGRAPHY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 38: NORTH AMERICA WOOD COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 39: NORTH AMERICA WOOD COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 40: NORTH AMERICA WOOD COATINGS MARKET REGULATORY FRAMEWORK

TABLE 41: KEY PLAYERS OPERATING IN NORTH AMERICA WOOD COATINGS MARKET

TABLE 42: EUROPE WOOD COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 43: EUROPE WOOD COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 44: EUROPE WOOD COATINGS MARKET REGULATORY FRAMEWORK

TABLE 45: KEY PLAYERS OPERATING IN EUROPE WOOD COATINGS MARKET

TABLE 46: ASIA-PACIFIC WOOD COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 47: ASIA-PACIFIC WOOD COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 48: ASIA-PACIFIC WOOD COATINGS MARKET REGULATORY FRAMEWORK

TABLE 49: KEY PLAYERS OPERATING IN ASIA-PACIFIC WOOD COATINGS MARKET

TABLE 50: REST OF WORLD WOOD COATINGS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 51: REST OF WORLD WOOD COATINGS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 52: REST OF WORLD WOOD COATINGS MARKET REGULATORY FRAMEWORK

TABLE 53: KEY PLAYERS OPERATING IN REST OF WORLD WOOD COATINGS MARKET

TABLE 54: LIST OF MERGERS & ACQUISITIONS

TABLE 55: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 56: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 57: 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 UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR GERMANY

FIGURE 5: GROWTH PROSPECT MAPPING FOR CHINA

FIGURE 6: GROWTH PROSPECT MAPPING FOR UNITED ARAB EMIRATES

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: GLOBAL WOOD COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2023

FIGURE 10: GLOBAL WOOD COATINGS MARKET, BY NITROCELLULOSE, 2024-2032 (IN $ MILLION)

FIGURE 11: GLOBAL WOOD COATINGS MARKET, BY POLYURETHANE, 2024-2032 (IN $ MILLION)

FIGURE 12: GLOBAL WOOD COATINGS MARKET, BY POLYESTER, 2024-2032 (IN $ MILLION)

FIGURE 13: GLOBAL WOOD COATINGS MARKET, BY ACRYLIC, 2024-2032 (IN $ MILLION)

FIGURE 14: GLOBAL WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2024-2032 (IN $ MILLION)

FIGURE 15: GLOBAL WOOD COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2023

FIGURE 16: GLOBAL WOOD COATINGS MARKET, BY UV-CURED, 2024-2032 (IN $ MILLION)

FIGURE 17: GLOBAL WOOD COATINGS MARKET, BY WATER-BORNE, 2024-2032 (IN $ MILLION)

FIGURE 18: GLOBAL WOOD COATINGS MARKET, BY POWDER COATING, 2024-2032 (IN $ MILLION)

FIGURE 19: GLOBAL WOOD COATINGS MARKET, BY SOLVENT-BORNE, 2024-2032 (IN $ MILLION)

FIGURE 20: GLOBAL WOOD COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 21: GLOBAL WOOD COATINGS MARKET, BY DOORS AND WINDOW, 2024-2032 (IN $ MILLION)

FIGURE 22: GLOBAL WOOD COATINGS MARKET, BY FURNITURE AND FIXTURES, 2024-2032 (IN $ MILLION)

FIGURE 23: GLOBAL WOOD COATINGS MARKET, BY CABINET, 2024-2032 (IN $ MILLION)

FIGURE 24: GLOBAL WOOD COATINGS MARKET, BY FLOOR, 2024-2032 (IN $ MILLION)

FIGURE 25: GLOBAL WOOD COATINGS MARKET, BY DECK, 2024-2032 (IN $ MILLION)

FIGURE 26: NORTH AMERICA WOOD COATINGS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 27: UNITED STATES WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 28: CANADA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 29: EUROPE WOOD COATINGS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 30: UNITED KINGDOM WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 31: GERMANY WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 32: FRANCE WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 33: ITALY WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 34: SPAIN WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 35: BELGIUM WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 36: POLAND WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 37: REST OF EUROPE WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 38: ASIA-PACIFIC WOOD COATINGS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 39: CHINA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 40: JAPAN WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 41: INDIA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 42: SOUTH KOREA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 43: THAILAND WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 44: AUSTRALIA & NEW ZEALAND WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 45: REST OF ASIA-PACIFIC WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 46: REST OF WORLD WOOD COATINGS MARKET, REGIONAL OUTLOOK, 2023 & 2032 (IN %)

FIGURE 47: LATIN AMERICA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FIGURE 48: MIDDLE EAST & AFRICA WOOD COATINGS MARKET, 2024-2032 (IN $ MILLION)

FAQ’s

FAQs

Common wood coating types include varnishes, stains, lacquers, paints, and sealants, each offering unique properties and finishes.

Water-based coatings offer lower VOC emissions, faster drying times, and easier cleanup compared to solvent-based alternatives.

UV-curable coatings cure quickly when exposed to ultraviolet light, offering faster production times and reduced energy consumption compared to traditional drying methods.

Protective barriers formed by coatings shield wood surfaces from moisture absorption, fungal growth, UV damage, and other environmental threats.