Wood Coatings market 2021-2027 Worldwide Major Growth By Key Players: BASF SE, Arkema SA, Ashland Inc., RPM International Inc.,

The global wood coatings market was valued at $7,800.0 million in 2018, and is projected to reach $11,985.8 million by 2025, growing at a CAGR of 6.3% from 2020 to 2025.

Wood coatings are additives or mixtures that are added to the end wood product, primarily to preserve the overall quality of the finished product, in terms of durability, color, and texture. Wood coatings cover a broad range of products including stains, varnishes, paints, and supporting ancillary products for indoor and outdoor purposes. The coating is applied after the wood surface is stained and prepared.

A detailed report on Global Wood Coatings  Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.

Top Key Players in Wood Coatings  market: BASF SE, Arkema SA, Ashland Inc., RPM International Inc., Hempel A/S, AkzoNobel N.V., Premium Coatings, Chemicals Pvt. Ltd., and Nippon Paint Co. Ltd.

Regional Analysis For Wood Coatings  Market:

Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Wood Coatings market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.

Key Objectives of Wood Coatings Market Report:

•  Study of the annual revenues and market developments of the major players that supply Wood Coatings
•  Analysis of the demand for Wood Coatings by component
•  Assessment of future trends and growth of architecture in the Wood Coatings market
•  Assessment of the Wood Coatings market with respect to the type of application
•  Study of the market trends in various regions and countries, by component, of the Wood Coatings market
•  Study of contracts and developments related to the Wood Coatings market by key players across different regions
•  Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying Wood Coatings across the globe.

Key Developments

1. Key players in the market are adopting various growth strategies such as product launches, in order to expand their product portfolio and gain more revenue. For instance, in February 2017, BASF SE, a Germany-based chemicals manufacturing company, launched new light stabilizers for wood and metal coatings. The products are from Tinuvin 29 and Tinuvin DW (N) range that will fulfill increasing demand for high-performance light stabilizers.
2. Major companies in the market are involved in various growth strategies such as product launches in order to expand their product portfolio and gain competitive edge in the market. For instance, in May 2019, Ashland, Inc., a specialty chemicals company, launched Aquaflow NMS-460E rheology modifier, which is a high-performing, efficient synthetic thickener that is used in wood coatings.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com 

The global wood coatings market was valued at $7,800.0 million in 2018, and is projected to reach $11,985.8 million by 2025, growing at a CAGR of 6.3% from 2020 to 2025.

Wood coatings are additives or mixtures that are added to the end wood product, primarily to preserve the overall quality of the finished product, in terms of durability, color, and texture. Wood coatings cover a broad range of products including stains, varnishes, paints, and supporting ancillary products for indoor and outdoor purposes. The coating is applied after the wood surface is stained and prepared.

A detailed report on Global Wood Coatings  Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.

Top Key Players in Wood Coatings  market: BASF SE, Arkema SA, Ashland Inc., RPM International Inc., Hempel A/S, AkzoNobel N.V., Premium Coatings, Chemicals Pvt. Ltd., and Nippon Paint Co. Ltd.

Regional Analysis For Wood Coatings  Market:

Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Wood Coatings market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.

Key Objectives of Wood Coatings Market Report:

•  Study of the annual revenues and market developments of the major players that supply Wood Coatings
•  Analysis of the demand for Wood Coatings by component
•  Assessment of future trends and growth of architecture in the Wood Coatings market
•  Assessment of the Wood Coatings market with respect to the type of application
•  Study of the market trends in various regions and countries, by component, of the Wood Coatings market
•  Study of contracts and developments related to the Wood Coatings market by key players across different regions
•  Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying Wood Coatings across the globe.

Key Developments

1. Key players in the market are adopting various growth strategies such as product launches, in order to expand their product portfolio and gain more revenue. For instance, in February 2017, BASF SE, a Germany-based chemicals manufacturing company, launched new light stabilizers for wood and metal coatings. The products are from Tinuvin 29 and Tinuvin DW (N) range that will fulfill increasing demand for high-performance light stabilizers.
2. Major companies in the market are involved in various growth strategies such as product launches in order to expand their product portfolio and gain competitive edge in the market. For instance, in May 2019, Ashland, Inc., a specialty chemicals company, launched Aquaflow NMS-460E rheology modifier, which is a high-performing, efficient synthetic thickener that is used in wood coatings.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com