Wood Coatings Market By System Type (Solvent-borne, Water-borne and high solids), Coating Type (Preservatives, Stains & Varnishes, Shellacs and Other), End User (Furniture, Flooring, Decking, Siding and Others) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global wood coatings market is expected to expand by 6.9% CAGR during 2017-2025.
Browse Full Report Here: http://www.acutemarketreports.com/report/wood-coatings-market-report
The growth in the construction activity with recovery in housings and residential projects is expected to drive the global wood coatings market. The worldwide trend shift from solvent borne coatings towards water-borne type is gradually on rise, yet currently solvent-borne coatings are dominant owing to its technical advantage, such as low cure time. In North America and European region, the water-borne wood coatings has higher penetration owing to the high adoption of eco-friendly products compared to Asian counterpart.
Demand for wood coatings is expected to gain traction owing to the upsurge in repair and refreshing of the wood products from existing homes. For instance, the staining is often required before sale of the house and hence the stains & varnishes segment frequently undergo a lag period of 6-12 months. Other influence, such as do-it-yourself (DIY) for homeowners which remolds their furniture according to their expression also boosts the global wood coatings market.
Browse the complete report at: http://www.acutemarketreports.com/report/wood-coatings-market-report
The key players present in this market are Akzo Nobel N.V., The Sherwin-Williams Company and Valspar Corporation among others. The companies are taking the advantage of digitalization, and offering e-platform for various entities in the supply chain of wood coatings. For instance, the Lubrizol Corporation introduced a mobile app for wood coatings formulators to access the company’s various chemistries thereby improving the coating performance. This was aimed to provide a guide to the formulators in selecting correct materials for exceptional wood coating challenges. The mergers/ acquisitions, divestiture and new product launch are some of the strategies companies are advocating to achieve robust geographical presence coupled with increase in their market share.
• Increasing housing and construction activities
• Gradual shift from solvent-borne towards water-borne coatings
• Stringent environmental legislative norms on solvent-borne coatings
Download Free Request Sample: http://www.acutemarketreports.com/request-free-sample/109182
Table of Content:
Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Wood Coatings Market Revenue (US$ Bn)
2.2 Global Wood Coatings Market Revenue (US$ Bn), by Sytem Type
2.3 Global Wood Coatings Market Revenue (US$ Bn), by Coating Type
2.4 Global Wood Coatings Market Revenue (US$ Bn), by End User
2.5 Global Wood Coatings Market Revenue (US$ Bn), by Geography
Chapter 3 Global Wood Coatings Market Dynamics
3.2 Market Drivers
3.4 Future Prospects
3.5 Attractive Investment Proposition by Geography, 2016
3.6 Market Positioning of Key Players
Chapter 8 Company Profiles
8.1 Teknos Group Oy
8.2 BASF SE
8.3 Akzo Nobel N.V.
8.4 The Sherwin-Williams Company
8.5 Valspar Corporation
8.6 Covestro AG
8.7 PPG Industries, Inc.
8.8 Morrells Wood Finishes
8.9 Other Notable Players
About – Acute Market Reports:
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.