The Global Wood Coating Resins Market is expected to reach USD 5.20 billion by 2025, from USD 3.46 billion in 2017, growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Wood Coating Resins Market, By Resin Type (Polyurethane, Acrylic, Epoxy, Alkyd, Nitrocellulose, and Polyester), By Technology (Solvent borne, Reactive, Dispersion), By Application (furniture, doors & windows, flooring, decoration and cabinets). By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Complete report on Global Wood Coating Resins Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Wood Coating Resins Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the wood coating resins market in the next 8 years. Wood coating is those types of coating which are used for office furniture, exterior and interior wood, flooring, wood stains. There are various applications of wood coating in furniture, doors & windows, flooring, decoration and cabinet’s .Out of all furniture is important application for the growth of global wood coating resins market. There are various types of resin including polyurethane, acrylic, epoxy, alkyd, nitrocellulose, and polyester. Polyurethane wood is the one of the most important factors for the growth of wood coating resins market. Polyurethane wood provides better agility and also high performance properties such as lasting surface finish, quality chemical, solvent and scratch resistance. In 2005 According to the article published by coatingworld, there is 8.4% growth in the amount of polyurethane used in coatings. In 2006 according to the article published by indianmirror, in India total Indian furniture is estimated about USD 350 billion. The world home furniture market is found to be USD 200 billion. Due to the increasing demand of furniture will impact the growth of global wood coating resins market.
Key Questions Answered in Global Wood Coating Resins Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Wood Coating Resins Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Wood Coating Resins Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Wood Coating Resins Market?
• Who are Opportunities, Risk and Driving Force of Global Wood Coating Resins Market?
• Who are the opportunities and threats faced by the vendors in Global Wood Coating Resins Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Wood Coating Resins Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Arkema S.A.
- Nuplex Industries Ltd
- DSM N.V
- allnex group Synthopol
- Dynea AS
- Polynt Spa
- Sirca Spa
- IVM Group
- Helios Group
- among others
Major Market Drivers:
- Rising demand in Asia-Pacific
- Polyurethane wood coatings have better agility
- increased use of particle boards
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- To understand the most affecting driving and restraining forces in the Wood Coating Resins and its impact in the Global market.
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Global Wood Coating Resins Market is segmented on the basis of
- Resign Type
Market Segmentations in Details:
On the basis of Resign Type, the global wood coating resins market is segmented Polyurethane, Acrylic, Epoxy, Alkyd, Nitrocellulose, Polyester, and others.
On the basis of Technology, the global wood coating resins market is segmented into solvent borne, reactive, dispersion, and others.
On the basis of Application, the global wood coating resins market is segmented into solvent borne, reactive, dispersion furniture, doors & windows, flooring, decoration, cabinets, and others.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
Competitive Analysis: Global Wood Coating Resins Market
The global wood coating resins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wood coating resins market for global Europe, North America, Asia Pacific and South America.
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