Global Wood Coatings Industry Report 2023: Development of Plant-based and High-performance Products will Contribute to Market Growth in 5 to 7 Years
Dublin, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The "Global Wood Coatings Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
This study comprehensively covers various wood coating chemistries, including acrylics, polyurethanes, nitrocellulose, polyesters, epoxies, thermoplastics, polyamides, polyolefins, fluoropolymers, and epoxy-polyester hybrid formulations.
It explores their applications in wooden furniture, kitchen cabinetry, doors, windows, flooring, siding, and decking. Additionally, the report analyzes wood coatings in solvent-based, water-based, radiation-cured, and powder-coated forms.
The study provides insights into regional consumption and revenue estimates, offering a detailed breakdown by chemistry, formulation technology, region, and application location. It also evaluates the market shares of top wood coating manufacturers worldwide.
Wood coatings offer valuable functional benefits, such as enhanced durability, aesthetic appeal, UV and fire resistance, and ease of cleaning, which fuel demand. The global construction sector's growth, along with expansion in end-use industries, will further drive market expansion in the coming years.
Wood coating raw material suppliers are experiencing increased demand for specific customer needs, such as DIY compatibility, online ordering, and faster product delivery. To meet market demands, wood coating manufacturers should prioritize the development of sustainable chemistries, such as plant-based resins, in their research and development efforts.
Moreover, creating user-friendly products for DIY consumers, establishing convenient online purchase options, and optimizing logistics for faster product delivery are crucial strategies for manufacturers. Strategic acquisitions to enhance product portfolios or enter new markets will be essential for gaining a competitive edge.
High-growth markets in the next 7 years are expected to include China, India, Southeast Asia, and LATAM, driven by their sizable and rapidly expanding consumer populations supporting end-use industry growth. The increasing consumption of wood coatings by various industries and the development of eco-friendly and high-performance products will contribute significantly to market growth over the next 5 to 7 years.
Key Topics Covered:
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Wood Coatings Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Universe
Reduce the Environmental Footprint of Wood Coatings
Establish Strategic Partnerships Across the Value Chain
Mergers & Acquisitions to Expand Market Footprint
Growth Opportunity Analysis: Wood Coatings
Scope of Analysis
Market Segmentation
Geographic Scope
Growth Metrics
Value Chain
Value Chain Analysis
Forecast Assumptions
Revenue and Volume Forecast
Revenue Forecast by Application
Volume Forecast by Application
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Analysis by Region
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
Average Price Forecast
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis
Competitive Environment
Key Competitors
Revenue Share
Revenue Share Analysis
Growth Opportunity Analysis: Furniture and Kitchen Cabinetry Applications
Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Market Trend Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
Growth Opportunity Analysis: Doors and Windows Applications
Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Market Trend Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
Growth Opportunity Analysis: Flooring Applications
Flooring Applications - Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Market Trend Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
Growth Opportunity Analysis: Siding Applications
Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Market Trend Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
Growth Opportunity Analysis: Decking Applications
Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Market Trend Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue and Volume Forecast Analysis
Revenue Forecast by Formulation Technology
Volume Forecast by Formulation Technology
Analysis by Formulation Technology
Revenue Forecast by Location of Application
Volume Forecast by Location of Application
Analysis by Location of Application
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