Wood Coating Market Share

  • Report ID: 1008
  • Published Date: Feb 08, 2023
  • Report Format: PDF, PPT

Wood Coating Market Share

Asia Pacific Market Forecast

The Asia Pacific wood coating market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, owing to consumer spending on furniture along with rising disposable income. A recent report suggested that China spent approximately USD 70 billion on furniture in the year 2018.

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Wood-Coating-Market-Size

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Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 1008
  • Published Date: Feb 08, 2023
  • Report Format: PDF, PPT

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.
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