According to the global Wood Coating Market report
published by Value Market Research, the market is expected to touch USD 2,251.4
MN by 2024, with a CAGR of 5% growing from USD 1,600 MN in 2017. This is a
tailored made research service providing informative data and various critical
aspects of the market such as market outlook, market share, growth, and trends.
Further, the report also offers evidence-based information that helps to
transform clients business and achieve their business goals. Moreover, the
report also highlights the key strategy of top players. Additionally, this
report covers a wide spectrum of services such as the latest technology trend,
market opportunity analysis, and competitive landscape.
The report also covers detailed competitive landscape
including company profiles of key players operating in the global market. The
key players in the wood coating market includes Akzo Nobel Coatings NV, Arkema
SA, Ashland Inc., BASF Coatings AG, Dow Coating Materials, DuPont Coatings and
Color Technologies Group, Hempel A/S, ICI Paints, Kansai Paint Co. Ltd., Nippon
Paint Co. Ltd., PPG Industries Inc., RPM International Inc., Sherwin-Williams
Co. and The Valspar Corporation. An in-depth view of the competitive outlook
includes future capacities, key mergers & acquisitions, financial overview,
partnerships, collaborations, new product launches, new product developments
and other developments with information in terms of H.Q.
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Market Dynamics
Rising global population leading to a rise in demand for
residential and commercial building is driving the market growth. Increase in
per capita income, betterment in living standard, rising expenditure on house
are major factors fueling market growth. Also, stringent regulation imposed by
regulatory authorities towards emission of VOC and other hazardous products are
fueling penetration of eco-friendly wood coating market growth. However, the presence of cheaper alternatives
is likely to restrain market growth.
This detailed market study is centered on the data obtained
from multiple sources and is analyzed using numerous tools including porter’s
five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market
facilitating the business strategists with the latest growth opportunities.
Additionally, these tools also provide a detailed analysis of each
application/product segment in the global market of wood coating.
Browse Global Wood
Coating Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/wood-coating-market
Market Segmentation
The broad wood coating market has been sub-grouped into
resin type and application. The report studies these subsets with respect to
the geographical segmentation. The strategists can gain a detailed insight and
devise appropriate strategies to target specific market. This detail will lead
to a focused approach leading to identification of better opportunities.
By Resin Type
·
Acrylics
·
Polyurethane
·
Nitrocellulose
·
Melamine Formaldehyde
·
Others
By Application
·
Cabinets
·
Side & Decks
·
Furniture
·
Others
Regional Analysis
Furthermore, the report comprises of the geographical
segmentation, which mainly focuses on current and forecast demand for wood
coating in North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa. The report further focuses on demand for individual application
segments in all the regions.
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