The coating materials that are used on woods for protecting and preserving of the surface and materials are called as wood coating products. There are different types of wood coating products in the industry. The furniture, construction and building industries are the major end users of the Wood Coatings Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Wood Coatings Market:
According to the IndustryARC research analysis studies on the Wood Coatings Market, linseed oil wood finish is one of the highly used products for finishing wood furniture. There is increasing use of polymer product for varnishing and finishing the wooden surfaces in industries during 2015-2020.
North America is one of the leading regions in the Wood Coatings Market with high investment in production, development and use of wood coating products in the furniture industry as per IndustryARC market analytics. Europe is expected to have healthy growth for these products by 2021.
Asia Pacific is significant region for the growth of the Wood Coatings Market. The high population, growing demand of wood products and rising use of wood coatings are the driving factors of this market in Asia Pacific during 2015-2020.
Segmentation and Key Players of the Wood Coatings Market:
The Wood Coatings Market is segmented into various categories in the IndustryARC marketing research report by formulation, by type of coatings, by coating technique, by application and by geography as follows:
By formulation: Water Based, Solvent Based and Radiation Cured
By type of coatings: Penetrating Finishes, Varnish (including polyurethane), Shellac, Lacquer and others (wood preservatives & water repellents)
By coating technique: Spray Coating, Roller Coating, Curtain Coating, Flow Coating, Vacuum Coating and others (Tumbling and more)
By application: Food Packaging Industry, Building and Infrastructure, Furniture and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Wood Coatings Market according to the IndustryARC research report are as follows:
- Eastman Chemical Company
The Wood Coatings Market is a rapidly growing market with increasing utilization of various materials such as polymer finish, linseed oil finish etc. for industrial wood finishes and furniture finishes in various regions across the globe. This market is expected to witness high growth owing to the increasing applications of wood finishers, growing R&D for good quality finishes for wood and rising demand for wood finishes and finishing wood products across the globe during 2015-2020.
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