The Europe Wood Coatings Market would witness market growth of 6.07% CAGR during the forecast period (2019-2025).
The growing trends in wood coatings market are further driving innovation and development, majorly in terms of size, designs, and colors. The advent of innovations is expected to raise the production volume of furniture all over the world. Wood coatings have a major role to play in the furniture industry. This indicates that the increasing production of furniture worldwide is expanding the growth of the market.
The wood coating is extensively used for protecting and refining wood or wood made structures. It helps to increase the life of the item. In addition, the use of wood coating enhances the visual characteristics of wooden objects, thereby helping to market the item. The market is divided into waterborne, conventional solid solvent-borne, heavy solid solvent-borne, powder coating, radiation cured, and others based on technology. Due to the low cost and rapid drying properties, standard solid solvent-borne coatings have greater demand.
Based on Resin Type, the market is segmented into Polyurethane, Acrylic, Nitrocellulose, Unsaturated Polyester and Others. Based on Technology, the market is segmented into Waterborne, Conventional Solid Solvent Borne, High Solid Solvent Borne, Powder Coating, Radiation Cured and Others. Based on End Use, the market is segmented into Furniture, Joinery, Flooring and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Akzo Nobel N.V., BASF SE, Arkema S.A., Eastman Chemical Company, Nippon Paints Holdings Co. Ltd., RPM International, Inc., Ashland Global Holdings, Inc., Diamond Vogel Paints Company, Sherwin Williams Company, PPG Industries, Inc.
Market Segmentation:
By Resin Type
By Technology
By End User
By Country
Companies Profiled
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