HOME Top Market Reports Wood Coating Resin Market by Type (Amino, PU, Acrylic, Polyester, NC), Technology (Water, Solvent, High Solids, Powder, Radiation Cure), Application (Flooring, Siding & Decking, Fencing, Furniture, Windows & Doors, Cabinets)-Global Forecast to 2020

Wood Coating Resin Market by Type (Amino, PU, Acrylic, Polyester, NC), Technology (Water, Solvent, High Solids, Powder, Radiation Cure), Application (Flooring, Siding & Decking, Fencing, Furniture, Windows & Doors, Cabinets)-Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: November 2016
Report Code: CH 3400

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The global wood coating market, along with its resin types, applications, and technologies is estimated to increase in the coming years. The properties, such as durability, protection, high scratch resistance, chemical resistance and others, green environmental regulations, and increasing construction and furniture market will be the key influencing factors for global wood coatings market.

The wood coatings market is experiencing moderate growth which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific, and RoW regions. The Asia-Pacific region is the main hub for wood coatings market. The growth of the architecture and construction sector is driving the growth for this market in this region.

The global wood coating market is estimated to reach around $9.72 billion by 2020, signifying a CAGR of around 4.77% between 2015 and 2020. The drivers of the industry are superior performance; better properties, green regulations, growth in furniture and construction market, and others.

This study aims to estimate the global market of wood coating for 2015 and to project its demand by 2020. It provides a detailed qualitative and quantitative analysis of the global wood coatings market. We have used various secondary sources, such as directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the wood coatings market. The primary sources experts from related industries and suppliers—have been interviewed to obtain and verify critical information as well as to assess the future prospects of wood coatings.

Competitive scenarios of the key players in the wood coating market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include wood coatings manufacturers, such as Akzonobel, Valspar Corporation, Asian Paints, Sayerlack, RPM International, Sherwin-Williams, Kelly-Moore Paint Company Incorporated, Katilac Coatings Inc., Ashoka Group, and Sterling Polymers and Chemicals among others.

Scope of the report

The global wood coatings market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.

On the basis of Resin type:

  • Amino
  • Polyurethane
  • Acrylic
  • Polyester
  • Nitrocellulose
  • Others

On the basis of Technology:

  • Waterborne
  • Solvent borne
  • High Solids
  • Powder
  • Radiation Cure

On the basis of Application:

  • Flooring
  • Siding & Decking
  • Fencing
  • Furniture
  • Windows & Doors
  • Cabinets
  • Others

On the basis of Region:

  • North America
  • Western Europe
  • Asia-Pacific
  • RoW

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Markets Covered
    1.3 Stakeholders
    1.4 Market Scope

2 Research Methodology
    2.1 Description of the Wood Coatings Demand Model
    2.2 Market Size Estimation
    2.3 Market Crackdown & Data Triangulation
    2.4 Market Share Estimation
           2.4.1 Key Data Taken From Secondary Sources
           2.4.2 Key Data  From Primary Sources
                    2.4.2.1 Key Industry Insights
           2.4.3 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities in Wood Coating Market
    4.2 Wood Coatings Market – Major Applications
    4.3 Wood Coatings Market in the Asia-Pacific Region
    4.4 Asia Pacific Commands More Than One Third of the Market Share
    4.5 Wood Coatings Market: By Applications (2020)
    4.6 Wood Coatings Market: Top 5 Countries in Terms of CAGR (2015-2020)
    4.7 Wood Coatings Market: Growing Demand From RoW
    4.8 Life Cycle Analysis, By Region

5 Market Overview
    5.1 Introduction
           5.1.1 Wood Coatings Overview
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges

6 Industry Trends
    6.1 Value Chain Analysis
    6.1 Pricing and Cost Analysis
    6.2 Porter’s Five Forces Analysis
           6.2.1 Threat of New Entrants
           6.2.2 Threat of Substitutes
           6.2.3 Bargaining Power of Buyers
           6.2.4 Bargaining Power of Suppliers
           6.2.5 Degree of Competition

7 Wood Coating Market, By Resin Type
    7.1 Amino
    7.2 Polyurethane
    7.3 Acrylic
    7.4 Polyester
    7.5 Nitrocellulose 
    7.6 Others

8 Wood Coating Market, By Technology
    8.1 Introduction
    8.2 Waterborne
    8.3 Solvent Borne
    8.4 High Solids
    8.5 Powder
    8.6 Radiation Cure (UV/EB)

9 Wood Coatings Market, By Application
    9.1 Introduction
    9.2 Flooring
    9.3 Siding & Decking
    9.4 Fencing
    9.5 Furniture
    9.6 Windows & Doors
    9.7 Cabinets
    9.8 Others

10 Geographic Analysis
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 France.
             10.3.2 Germany
             10.3.3 Italy
             10.3.4 Others
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Others
     10.5 RoW
             10.5.1 Brazil
             10.5.2 Russia
             10.5.3 Others

11 Competitive Landscape
     11.1 Overview
     11.2 Battle for Market Share: New Product Development Was the Key Strategy (2010-2014)
     11.3 Market Share Analysis, Wood Coatings Market
     11.4 Investment & Expansion
     11.5 Mergers & Acquisitions
     11.6 New Product Launches
     11.7 Agreements, Partnerships, Collaborations & Joint Ventures

12 Company Profiles
     12.1 Introduction
     12.2 Akzonobel
             12.2.1 Business Overview
             12.2.2 Products & Their Applications
             12.2.3 Key Strategy
             12.2.4 Recent Developments
             12.2.5 SWOT Analysis
             12.2.6 MnM View
     12.3 Asian Paints
             12.3.1 Business Overview
             12.3.2 Products & Their  Applications
             12.3.3 Key Strategy
             12.3.4 Recent Developments
             12.3.5 SWOT Analysis
             12.3.6 MnM View
     12.4 Ashoka Group 
             12.4.1 Business Overview
             12.4.2 Products & Their Applications
             12.4.3 Key Strategy
             12.4.4 Recent Developments
             12.4.5 SWOT Analysis
     12.5 Kelly-Moore Paint Company Inc.
             12.5.1 Business Overview
             12.5.2 Products & Their Applications
             12.5.3 Key Strategy
             12.5.4 SWOT Analysis
             12.5.5 MnM View
     12.6 Katilac Coatings Inc. 
             12.6.1 Business Overview
             12.6.2 Products & Their Applications
             12.6.3 Key Strategy
             12.6.4 Recent Developments
             12.6.5 SWOT Analysis
             12.6.6 MnM View
     12.7 Sherwin-Williams
             12.7.1 Business Overview
             12.7.2 Products & Their Applications
             12.7.3 Key Strategy
             12.7.4 Recent Developments
             12.7.5 SWOT Analysis
             12.7.6 MnM View
     12.8 Sterling Polymers & Chemicals
             12.8.1 Business Overview
             12.8.2 Products & Their  Applications
             12.8.3 Key Strategy
             12.8.4 Recent Developments
             12.8.5 SWOT Analysis
     12.9 Sayerlack 
             12.8.1 Business Overview
             12.8.2 Products & Their  Applications
             12.8.3 Key Strategy
             12.8.4 Recent Developments
             12.8.5 SWOT Analysis
     12.10 Valspar Corporation
             12.10.1 Business Overview
             12.10.2 Products & Their  Applications
             12.10.3 SWOT Analysis
     12.11 RPM International
             12.11.1 Business Overview
             12.11.2 Products & Their Applications
             12.11.3 Key Strategy
             12.11.4 Recent Developments
             12.11.5 SWOT Analysis
             12.11.6 MnM View


List of Tables (76 Tables)

Table 1 Wood Coatings Market Size, By Resin Type, 2013–2020 (Kilotons)
Table 2 Wood Coatings Market Size, By Resin Type, 2013–2020 ($Million)
Table 3 Wood Coatings Market Size, By Technology, 2013–2020 (Kilotons)
Table 4 Wood Coatings Market Size, By Technology, 2014–2019 ($Million)
Table 5 Waterborne Wood Coating Market Size, By Region, 2013–2020 (Kilotons)
Table 6 Waterborne Wood Coating Market Size, By Region, 2013–2020 ($Million)
Table 7 Solvent Borne Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 8 Solvent Borne Wood Coating Market Size, By Region, 2013–2020 ($Million)
Table 9 High Solids Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 10 High Solids Wood Coating Market Size, By Region, 2013–2020 ($Million)
Table 11 Powder Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 12 Powder Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 13 Radiation Cure Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 14 Radiation Cure Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 15 Wood Coatings Market Size, By Application, 2013–2020 (Kilotons)
Table 16 Wood Coatings Market Size, By Application, 2013–2020 ($Million)
Table 17 Flooring Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 18 Flooring Cure Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 19 Siding & Decking Wood Coating Market Size, By Region, 2013–2020 (Kilotons)
Table 20 Siding & Decking Wood Coating Market Size, By Region, 2013–2020 ($Million)
Table 21 Fencing Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 22 Fencing Cure Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 23 Furniture Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 24 Furniture Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 25 Windows & Doors Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 26 Windows & Doors Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 27 Cabinets Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 28 Cabinets Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 29 Taothers Wood Coatings Market Size, By Region, 2013–2020 (Kilotons)
Table 30 Others Wood Coatings Market Size, By Region, 2013–2020 ($Million)
Table 31 Wood Coating Market Size, By Region, 2013–2020 (Kilotons)
Table 32 Wood Coating Market Size, By Region, 2013–2020 ($Million)
Table 33 North America: Wood Coating Market Size, By Country, 2013–2020 (Kilotons)
Table 34 North America: Wood Coating Market Size, By Country, 2013–2020 ($Million)
Table 35 North America: Wood Coatings Market Size, By Technology, 2013–2020 (Kilotons)
Table 36 North America: Wood Coatings Market Size, By Technology, 2013–2020 ($Million)
Table 37 North America: Wood Coatings Market Size, By Application, 2013–2020 (Kilotons)
Table 38 North America: Wood Coatings Market Size, By Application, 2013–2020 ($Million)
Table 39 U.S.: Wood Coatings Market Size, 2013–2020
Table 40 Canada: Wood Coatings Market Size, 2013–2020
Table 41 Mexico: Wood Coatings Market Size, 2013–2020
Table 42 Western Europe: Wood Coatings Market Size, By Country, 2013–2020 (Kilotons)
Table 43 Western Europe: Wood Coatings Market Size, By Country, 2013–2020 ($Million)
Table 44 Western Europe: Wood Coatings Market Size, By Technology, 2013–2020 (Kilotons)
Table 45 Western Europe: Wood Coatings Market Size, By Technology, 2013–2020 ($Million)
Table 46 Western Europe: Wood Coatings Market Size, By Application, 2013–2020 (Kilotons)
Table 47 Western Europe: Wood Coating Market Size, By Application, 2013–2020 ($Million)
Table 48 Germany: Wood Coatings Market Size, 2013-2020
Table 49 Italy: Wood Coatings Market Size, 2013-2020
Table 50 Spain: Wood Coatings Market Size 2013–2020
Table 51 France: Wood Coatings Market Size, 2013–2020
Table 52 Others: Wood Coatings Market Size, 2012–2019
Table 53 Asia-Pacific: Wood Coating Market Size, By Country, 2013–2020 (Kilotons)
Table 54 Asia-Pacific: Wood Coatings Market Size, By Country, 2013–2020 ($Million)
Table 55 Asia-Pacific: Wood Coatings Market Size, By Technology, 2013–2020 (Kilotons)
Table 56 Asia-Pacific: Wood Coatings Market Size, By Technology, 2013–2020 ($Million)
Table 57 Asia-Pacific: Wood Coatings Market Size, By Application, 2013–2020 (Kilotons)
Table 58 Asia-Pacific: Wood Coatings Market Size, By Application, 2013–2020 ($Million)
Table 59 China: Wood Coating Market Size, 2013–2020
Table 60 India: Wood Coatings Market Size, 2013–2020
Table 61 Japan: Wood Coatings Market Size, 2013–2020
Table 62 South Korea: Wood Coatings Market Size, 2013–2020
Table 63 Others: Wood Coatings Market Size, 2013–2020
Table 64 RoW: Wood Coatings Market Size, By Country, 2013–2020 (Kilotons)
Table 65 RoW: Wood Coatings Market Size, By Country, 2013–2020 ($Million)
Table 66 RoW: Wood Coatings Market Size, By Technology, 2013–2020 (Kilotons)
Table 67 RoW: Wood Coatings Market Size, By Technology, 2013–2020 ($Million)
Table 68 RoW: Wood Coating Market Size, By Application, 2013–2020 (Kilotons)
Table 69 RoW: Wood Coating Market Size, By Application, 2013–2020 ($Million)
Table 70 Russia: Wood Coatings Market Size, 2013–2020
Table 71 Brazil: Wood Coatings Market Size, 2013–2020
Table 72 Middle-East: Wood Coatings Market Size, 2013–2020
Table 73 Others: Wood Coating Market Size, 2013–2020
Table 74 Investments & Expansions, 2011–2015
Table 75 New Product Launches, 2011–2015
Table 76 Agreements, Partnerships, Collaborations & Joint Ventures, 2011–2015
 
 
List of Figures (54 Figures)

Figure 1 Wood Coating Market Segmentation
Figure 2 Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Market Breakdown: Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Limitations of the Research Study
Figure 8 Wood Coatings Market Snapshot (2014 vs.  2019)
Figure 9 Furniture Application Coatings to Contribute A Significant Share in the Global Wood Coatings Market By 2020
Figure 10 Asia-Pacific Accounts for the Largest Share in the Global Wood Coating Market, By Volume, 2015
Figure 11 Wood Coatings Market to Grow at A Moderate CAGR Between 2015 and 2020
Figure 12 Solventborne Coating Contributes A Major Share in the Wood Coating Market, By Technology (2013-2020)
Figure 13 Solvent Borne Coating is Estimated to Account for the Largest Share in the Asia-Pacific Wood Coatings Market
Figure 14 China Accounts for the Largest Share in Wood Coatings Market, 2015
Figure 15 Market Size ($Million) for Developed Vs.  Developing Nations
Figure 16 Asia-Pacific Market is Expected to Grow Exponentially Between 2015 and 2020
Figure 17 Wood Coatings Market: Resin Types & Their Applications
Figure 18 Drivers, Restraints, Opportunities & Challenges for the Wood Coatings Market
Figure 19 Superior Performance, Green Regulations, Technological Advancements & Others are Propelling the Growth of Wood Coatings Market
Figure 20 Top 10 Economies By GDP in PPP Terms, 2010 & 2020
Figure 21 Emerging Economies: Investment in Infrastructure Development, 2008–2017
Figure 22 Booming Construction Industry is Paving New Growth Avenues for Players in the Wood Coatings Market
Figure 23 Value Chain Analysis
Figure 24 Porter’s Five Forces Analysis
Figure 25 Wood Coatings, By Resin Types
Figure 26 Solventborne Wood Coatings Technology has the Largest Share in the Global Wood Coatings Market (2015-2020)
Figure 27 Wood Coatings Applications Market Size & Growth Between 2015 and 2020
Figure 28 Asia-Pacific & RoW – High Growth for Key Application Industries
Figure 29 North American Market Snapshot 2015: High Solids and Powder Coating Technology Expected to Drive the Demand
Figure 30 Asia-Pacific Market Snapshot: Increasing Construction Activities to Drive the Demand
Figure 31 Companies Adopted Expansions & Product Innovations as Their Key Growth Strategies Between 2011 and 2015
Figure 32 Market Evaluation Framework–Significant Expansions & Product Innovations Have Fuelled Growth & Innovation
Figure 33 Wood Coatings Market Share, By Key Players, 2013
Figure 34 Regional Mix of the Leading Market Players
Figure 35 Akzonobel N.V.: Company Snapshot
Figure 36 Akzonobel N.V.: SWOT Analysis
Figure 37 Asian Paints: Company Snapshot
Figure 38 SWOT Analysis
Figure 39 The Sherwin-Williams Company: Company Snapshot
Figure 40 SWOT Analysis
Figure 41 Ashoka Group: Company Snapshot
Figure 42 SWOT Analysis
Figure 43 Kelly Moore.: Company Snapshot
Figure 44 SWOT Analysis
Figure 45 Katilac Coatings Inc.: Company Snapshot
Figure 46 SWOT Analysis
Figure 47 Sterling Polymers & Chemicals: Company Snapshot
Figure 48 SWOT Analysis
Figure 49 Sayerlack: Company Snapshot
Figure 50 SWOT Analysis
Figure 51 Valspar Corporation: Company Snapshot
Figure 52 SWOT Analysis
Figure 53 RPM International: Company Snapshot
Figure 54 SWOT Analysis

The wood coating market is estimated to reach 3.60 Million tons by volume by 2020 from 2.78 Million tons in 2015, signifying a firm CAGR of over 5.30% between 2015 and 2020.

The global wood coating market, along with its resin types, technologies, and applications, showed a significant growth in the past few years and is estimated to continue in the coming years. An increase in the demand in Green environmental regulations, high demand for durable coatings, and superior performance of wood coatings will be the key influencing factors for the global wood coating market. In the next few years, waterborne technology is estimated to contribute major share in wood coating market; due to the government regulations to decrease the level of VOC in the environment.

Currently, the Asia-Pacific region is the largest consumer of wood coating and is estimated to register a high CAGR. The countries, such as China, India, Japan, and South Korea are expected to lead the Asia-Pacific wood coatings market; with China having the largest share in the regional volumetric consumption of wood coating market. The market size in terms of volume of wood coatings is comparatively low in the Western European region, but is estimated to grow at a moderate CAGR between 2015 and 2020.

The growth of the end user industries, green environmental regulations and better properties of wood coatings is driving the growth for this market.

The Asia-Pacific region is the most active markets in terms of strategic initiatives, owing to their emerging market demands. The construction industry and furniture industry has led the rapid growth in this market.

The significant wood coating manufacturers in include Akzonobel, Valspar Corporation, Asian Paints, Sayerlack, RPM International, Sherwin-Williams, Kelly-Moore Paint Company Incorporated, Katilac Coatings Inc., Ashoka Group, and Sterling Polymers and Chemicals, and others.

Wood Coatings Market Size, by Region, 2013 (Kilo Tons)

Wood Coating Market

Source: Secondary Research, Expert Interviews, and MarketsandMarkets Analysis

This report covers the wood coating market by key regions and important countries in each of these regions. It also provides a detailed segmentation of the wood coatings market on the basis of different resin types, technology, applications up to 2020.

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Wood Coating Resin Market Assessment

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This study provides information on global and European wood coating resin market. Additionally, the stu....

This study provides information on global and European wood coating resin market. Additionally, the study highlights current and upcoming chemistries, technologies, applications. The study also provides brief idea about country level consumption for Germany, Italy, France, Spain, the UK, Scandinavian Countries, Poland, Czech Republic and Slowakia

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