Wood Coating Market Analysis

Application (Furniture, Cabinets, Siding, Flooring)

The wood coating market is segmented and analyzed for demand and supply by application into furniture, cabinets, siding, flooring, and others. Out of these, the furniture segment is attributed to garner the highest market share by 2033, on the account of rising furniture industry across the world and a surge in the popularity of coated furniture. The latest calculations suggested that the global furniture industry is expected to see a growth rate of 2% by 2024.

Our in-depth analysis of the global includes the following segments:

By Resins	Acrylic Nitrocellulose Polyester Polyurethane Others
By Technology	Solvent-borne Water-borne UV-Cured Others
By Method	Roll & Brush Coating Vacuum Coating Spray Coating
By Application	Furniture Cabinets Siding Flooring Others

Frequently Asked Questions (FAQ)

The rising demand of furniture by the burgeoning population along with the expansion of construction industry are some of the factors that are expected to drive the market growth.

The market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2033.

The growing costs of raw materials along with the stringent government rules on the usage of Volatile Organic Compounds (VOC) and rising concerns of adverse effect on environment are some of the factors that are estimated to market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Dunn-Edwards Corporation, AkzoNobel Hilden GmbH, DSM, Evonik Industries AG, The Dow Chemical Company, BASF, PPG Industries, Inc., Kansai Nerolac Paints Limited, Sherwin-Williams Company, Nippon Paint Holdings Group, and other key players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by resins, technology, method, application, and by region.

The furniture segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

Wood Coating Market Analysis