MALAYSIA WOOD COATINGS MARKET FORECAST 2022-2028
The Malaysia wood coatings market is projected to register a CAGR of 7.04% in terms of revenue and 6.01% in terms of volume during the forecast period, 2022-2028. The thriving construction industry and the growing demand for protective coatings are among the major drivers of market growth.
MALAYSIA WOOD COATINGS MARKET FORECAST 2022-2028
Malaysia Wood Coatings Market by Resin Type (Polyurethane, Nitrocellulose, Acrylics, Unsaturated Polyester, Other Resin Types) Market by Technology (Waterborne, Conventional Solvent Borne, High Solid Solvent Borne, Powder Coating, Radiation Cured, Other Technologies) Market by Application (Furniture, Joinery, Interior Applications, Exterior Applications, Other Applications)
The Malaysia wood coatings market is projected to register a CAGR of 7.04% in terms of revenue and 6.01% in terms of volume during the forecast period, 2022-2028. The thriving construction industry and the growing demand for protective coatings are among the major drivers of market growth.
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Malaysia has a diverse export and economic structure, a robust financial sector, a healthy balance of payments, an accommodating labor market, etc. Also, the increasing GDP, rising disposable income, and surging expenditure on home renovations have led to increased construction activities. Additionally, the growing building construction expenditure and infrastructure fuels market growth. As per the United Nations, World Urbanization Prospects, 2018 revision, almost 55% of the world population lives in urban areas, which is predicted to increase to 68% by 2050. With the growing migration to urban areas, consumers will adopt new facilities like wood coatings. This is because these are used as protective layers on the wood surface, which helps sustain the impact of factors like humidity.
Kansai Paint Co Ltd manufactures and sells paints and coatings. It offers automotive refinish paints, marine coatings, protective coatings, decorative coatings, industrial coatings, automotive coatings, etc. It also designs, sells, and manufactures coating equipment. It operates in several geographical regions like the Middle East, Africa, North America, Europe, and Asia, with headquarters in Osaka, Japan.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON WOOD COATINGS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- MARKET BY RESIN TYPE
- POLYURETHANE
- NITROCELLULOSE
- ACRYLICS
- UNSATURATED POLYESTER
- OTHER RESIN TYPES
- MARKET BY TECHNOLOGY
- WATERBORNE
- CONVENTIONAL SOLVENT BORNE
- HIGH SOLID SOLVENT BORNE
- POWDER COATING
- RADIATION CURED
- OTHER TECHNOLOGIES
- MARKET BY APPLICATION
- FURNITURE
- JOINERY
- INTERIOR APPLICATIONS
- FLOORING
- OTHER INTERIOR PROJECTS
- EXTERIOR APPLICATIONS
- DECKING & SIDING
- FENCES & SHEDS
- OTHER APPLICATIONS
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS
- COMPANY PROFILES
- AKZONOBEL NV
- AXALTA COATING SYSTEMS
- BASF SE
- BENJAMIN MOORE & CO
- DOW CHEMICALS
- EASTMAN CHEMICAL COMPANY
- ICA GROUP
- KANSAI PAINT CO LTD
- KAPCI COATINGS
- MINWAX COMPANY
- NIPPON PAINT HOLDINGS CO LTD
- PPG INDUSTRIES INC
- RPM INTERNATIONAL INC
- THE SHERWIN-WILLIAMS COMPANY
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – WOOD COATINGS
TABLE 2: MALAYSIA WOOD COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: MALAYSIA WOOD COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 4: MALAYSIA WOOD COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2018-2021 (IN MILLION LITER)
TABLE 5: MALAYSIA WOOD COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2022-2028 (IN MILLION LITER)
TABLE 6: MALAYSIA WOOD COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: MALAYSIA WOOD COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 8: MALAYSIA WOOD COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN MILLION LITER)
TABLE 9: MALAYSIA WOOD COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2028 (IN MILLION LITER)
TABLE 10: MALAYSIA WOOD COATINGS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: MALAYSIA WOOD COATINGS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 12: MALAYSIA WOOD COATINGS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN MILLION LITER)
TABLE 13: MALAYSIA WOOD COATINGS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN MILLION LITER)
TABLE 14: MALAYSIA INTERIOR APPLICATIONS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 15: MALAYSIA INTERIOR APPLICATIONS MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 16: MALAYSIA EXTERIOR APPLICATIONS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 17: MALAYSIA EXTERIOR APPLICATIONS MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 18: LIST OF MERGERS & ACQUISITIONS
TABLE 19: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 20: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 21: LIST OF BUSINESS EXPANSIONS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: MALAYSIA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2021
FIGURE 6: MALAYSIA WOOD COATINGS MARKET, BY POLYURETHANE, 2022-2028 (IN $ MILLION)
FIGURE 7: MALAYSIA WOOD COATINGS MARKET, BY NITROCELLULOSE, 2022-2028 (IN $ MILLION)
FIGURE 8: MALAYSIA WOOD COATINGS MARKET, BY ACRYLICS, 2022-2028 (IN $ MILLION)
FIGURE 9: MALAYSIA WOOD COATINGS MARKET, BY UNSATURATED POLYESTER, 2022-2028 (IN $ MILLION)
FIGURE 10: MALAYSIA WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2022-2028 (IN $ MILLION)
FIGURE 11: MALAYSIA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021
FIGURE 12: MALAYSIA WOOD COATINGS MARKET, BY WATERBORNE, 2022-2028 (IN $ MILLION)
FIGURE 13: MALAYSIA WOOD COATINGS MARKET, BY CONVENTIONAL SOLVENT BORNE, 2022-2028 (IN $ MILLION)
FIGURE 14: MALAYSIA WOOD COATINGS MARKET, BY HIGH SOLID SOLVENT BORNE, 2022-2028 (IN $ MILLION)
FIGURE 15: MALAYSIA WOOD COATINGS MARKET, BY POWDER COATING, 2022-2028 (IN $ MILLION)
FIGURE 16: MALAYSIA WOOD COATINGS MARKET, BY RADIATION CURED, 2022-2028 (IN $ MILLION)
FIGURE 17: MALAYSIA WOOD COATINGS MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 18: MALAYSIA WOOD COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 19: MALAYSIA WOOD COATINGS MARKET, BY FURNITURE, 2022-2028 (IN $ MILLION)
FIGURE 20: MALAYSIA WOOD COATINGS MARKET, BY JOINERY, 2022-2028 (IN $ MILLION)
FIGURE 21: MALAYSIA WOOD COATINGS MARKET, BY INTERIOR APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 22: MALAYSIA WOOD COATINGS MARKET, BY FLOORING, 2022-2028 (IN $ MILLION)
FIGURE 23: MALAYSIA WOOD COATINGS MARKET, BY OTHER INTERIOR PROJECTS, 2022-2028 (IN $ MILLION)
FIGURE 24: MALAYSIA WOOD COATINGS MARKET, BY EXTERIOR APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 25: MALAYSIA WOOD COATINGS MARKET, BY DECKING & SIDING, 2022-2028 (IN $ MILLION)
FIGURE 26: MALAYSIA WOOD COATINGS MARKET, BY FENCES & SHEDS, 2022-2028 (IN $ MILLION)
FIGURE 27: MALAYSIA WOOD COATINGS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
- MARKET BY RESIN TYPE
- POLYURETHANE
- NITROCELLULOSE
- ACRYLICS
- UNSATURATED POLYESTER
- OTHER RESIN TYPES
- MARKET BY TECHNOLOGY
- WATERBORNE
- CONVENTIONAL SOLVENT BORNE
- HIGH SOLID SOLVENT BORNE
- POWDER COATING
- RADIATION CURED
- OTHER TECHNOLOGIES
- MARKET BY APPLICATION
- FURNITURE
- JOINERY
- INTERIOR APPLICATIONS
- FLOORING
- OTHER INTERIOR PROJECTS
- EXTERIOR APPLICATIONS
- DECKING & SIDING
- FENCES & SHEDS
- OTHER APPLICATIONS
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