Wood Coatings Market

Wood Coatings Market Analysis by Product Type (Water-Borne, Solvent-Borne, Powder), By End Use (Furniture, Construction, Marine Applications, Other End Uses), By Sales Channel (Institutional Channels, Retail Channels, Online Channels) & Region Forecast - Global Industry Insights 2022 to 2032

Analysis of Wood Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Wood Coatings Market Outlook (2022 to 2032)

The global wood coatings market is expected to continue its upward trend with an estimated value of US$ 9.7 billion in FY 2022, indicating growth from its 2021 valuation of US$ 9.2 billion.

In the past year, the industry witnessed a significant 5.4% year-on-year increase. Over the next decade, from 2022 to 2032, the wood coatings market is predicted to experience a Compound Annual Growth Rate (CAGR) of 6.2%, potentially reaching a value of US$ 17.7 billion by the end of 2032.

Report Attributes Details
Anticipated Base Year Value (2021) US$ 9.2 Billion
Expected Market Value (2022) US$ 9.7 Billion
Projected Forecast Value (2032) US$ 17.7 Billion
Global Growth Rate (2022 to 2032) 6.2% CAGR
Growth Rate of the U.S Market (2022 to 2032) 4.2% CAGR
Expected Market Value of China (2032) US$ 17.2 Billion
U.K Market Expansion Rate (2022 to 2032) ~6% CAGR
Key Companies Profiled BASF SE; The Dow Chemical Company; Nouryon; Sherwin-Williams Company; Hempel A/S; Valspar Corporation

Demand for solvent-borne wood coating will continue to thrive, with a documented CAGR of 6% during the 2015 to 2021 historical period of assessment, while demand for stain wood coatings proliferated at a rate of 6% during the same time period.

China will dominate the global market, registering a growth opportunity worth US$ 17.2 Billion from 2022 to 2032. Furthermore, Fact.MR’s analysis shows that the top 5 players in the wood coatings market account for nearly 40% share.

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2015 to 2021 Wood Coatings Market Revenue Analysis vs. Market Outlook 2022 to 2032

Fact.MR has forecasted the wood coatings market to rise at a 6.2% CAGR between 2022 and 2032, in comparison to the 5% CAGR from 2015 to 2021. The rising need for strengthening existing infrastructure against external abiotic and biotic forces is driving demand.

Manufacturers are capitalizing on improving living standards across key developing nations including India and China. This increase in purchasing power is one of the prominent reasons driving demand for contemporary furniture, promoting the growth of the market for wood coatings.

Key Drivers Stimulating Wood Coatings Industry Expansion

Globally Increasing Furniture Production Drives the Wood Coatings Market

Rapid urbanization in response to development and population increase has increased the demand for housing on a large scale. Consequently, the need for furniture such as chairs, tables, beds, sofas, shelves, and cupboards has skyrocketed. Furthermore, as the service sector expands, a large section of the population is migrating to new areas, fueling the development of hostels, co-living, guest houses, and official premises. This is projected to increase the demand for a variety of furniture goods.

Interior design concepts for homes, businesses, and apartments are always evolving in the furniture market. This is encouraging innovation and development, particularly in terms of design, size, and color, and is projected to increase the global production volume of furniture. Wood coatings are widely utilized in the furniture business. As a result, the rising volume of furniture manufacturers throughout the world is boosting the expansion of the market under consideration.

Preservative Applications of Wood Coatings Attracts Positive Growth

Because of its importance in preventing the wood from decay, the preservatives sector leads the market in terms of both value and volume. Interior wood applications such as cabinetry and flooring will benefit the most from preservatives.

The expansion is being fueled by a fast surge of housing constructions as well as considerable increases in maintenance and upgrade investment. An increase in home repair is expected to enhance demand for preservatives and promote market development.

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Key Challenges to Wood Coatings Industry Expansion

Stringent Environmental Restrictions Act as a Prominent Restraining Factor

Stringent environmental restrictions established by the government and other regulatory organizations on the use of volatile organic compounds (VOC) in the manufacturing of wood coatings impede the market's growth.

Usage of VOCs in the manufacture of wood coatings has a negative influence on the environment. Furthermore, unpredictable raw material prices impede the expansion of the wood coatings industry.

On the other hand, the wood will face intense competition from several nonwooden alternatives, such as plastic, wood-plastic composites, and fiber cement.

Country-wise Analysis

How Opportunistic are Growth Prospects across the U.S Market?

Soaring Investment in Residential and Commercial Construction Driving Growth

In North America, rising demand for custom home decor products, along with rising customer spending, would largely fuel demand for the wooden furniture sector.

Fact.MR anticipates that the demand for wood coatings in the U.S registered a market hike of 4.2% and estimates nearly US$ 4.9 Billion in 2022. The market is anticipated to yield an expected dollar opportunity of nearly US$ 7.6 Billion by 2032. Wood construction materials will foresee noteworthy gains through 2032 as housing completions significantly increase. Prevailing wood products also support demand for solvent-borne wood coatings, as wood entails regular recoating to maintain its integrity and appearance.

Increased investment in residential and commercial properties in the region is expected to enhance the market. According to estimates projected by Fact.MR, a market share worth 40% is anticipated for the U.S market across the forthcoming forecast period.

Why are Wood Coatings Providers Venturing into China?

Sales of Wood Coatings and Paints Boosted by Infrastructure Growth in China

The Asian region controlled the majority of the worldwide market in 2021 and is likely to witness robust growth in the forthcoming future. On account of market revenue contribution, China boasts the world's largest furniture business, which is prospering due to rising local and global demand. Nearly 1/4th of total demand is likely to be sustained by East Asia.

Fact.MR’s recent market analysis report summarizes that the Chinese market for wood coatings is estimated at nearly US$ 10.55 Billion in 2022 and likely to expand at an annual rate of 6.1% throughout the forecast period 2022 to 2032.

Both the furniture and construction industries in China have seen significant expansion in recent years. Some of the major causes driving this expansion include increased investment in the residential and commercial sectors, as well as government efforts such as "Housing for All." The arrival of large furniture firms, such as IKEA, is also projected to help the expansion of the furniture sector.

How Lucrative is the Market for Wood Coatings in Europe?

Water-Borne Wood Coatings Market driven by Ongoing Renovation Projects in Europe

Europe is a significant global furniture producer, being a consumer of wood-based panels combined with wood-sliced veneers. The home office business is expanding as a result of shifting working habits and an increase in home computer ownership. The market is anticipated to yield a dollar opportunity worth US$ 3.2 Billion to reach a value of US$ 5.9 Million, following a CAGR of 6% through 2032.

With the upsurge in the residential sector, the market for wood coatings has foreseen substantial growth. The growth of the residential sector has been directed to the advent of Do-It-Yourself (DIY) coatings. The Wood Coating Manufacturers expect the market to continue to cultivate as these do-it-yourselfers gradually look for unique projects that include wood stains and surfaces.

As concealed personal computers are customized to fit other household furnishings, wood is gaining traction. In the United Kingdom, for example, the living room business is doing well. As a replacement for low-cost metal and plastic stands, the new home entertainment technology necessitates well-designed, high-quality hardwood storage solutions.

Country-wise Value CAGRs for Wood Coatings (2022 to 2032)

Country CAGR
U.S 4.2%
U.K 6%
China 6.1%
Japan 6.2%
South Korea 6.4%

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Competitive landscape highlights only certain players
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Category-wise Insights

Which Product Type is Most Preferred in the Wood Coatings Market?

Solvent-Borne Wood Coatings are Likely to Gain Highest Traction

According to Fact.MR, solvent-borne wood coating material contributes over 66% share of the global revenue collection. The demand for solvent-borne wood coatings is forecast to expand at an annual rate of 6.4% over the assessment period. Aside from being derived from crude oil, the low price of conventional solvent-borne wood coatings is owing to the simple availability of hydrocarbon solvent basis.

Solvent-borne coatings consistently produce a high gloss finish. As a result, rising demand for factory-finished goods is expected to drive up demand for solvent-borne wood coatings. The advantages of water-borne coatings, as well as tight environmental requirements for VOC emissions, are likely to boost demand even higher.

By Type, which Wooden Coating is expected to Dominate?

Stain wood Coatings Finishes are becoming the Favorites of DIY Enthusiasts

Modern indoor and outdoor furniture has a snowballing array of functions that require different kinds of coatings. Significant properties of resins such as Superior resistance to dirt, abrasion, and water are adding value to the wooden coating market. Furthermore, exceptional chemical resistance to stains and blemishes on the wooden furniture increases the sales revenues of stain wood coatings across the globe.

There is an upsurge in demand for modern as well as traditional furniture all over the world and the demand for furniture is directly proportional to the demand for wood coating resins. Fact.MR forecasts that the demand for stain wood coatings resins is likely to increase at a significant pace through 2032.

Competitive Landscape

Prominent wood coatings providers are reliant on partnerships, collaborations, acquisitions, and new software launches so as to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.

  • In Nov 2020, BASF introduced the new Joncryl 953X portfolio with five acrylic dispersions for protective wood grain enhancement. This portfolio will offer sustainable solutions for low to zero VOC levels.
  • The Dow chemical company recently introduced the ACRYSOL™ DR-180 Rheology Modifier which is a high-efficiency hydrophobically modified alkali-soluble emulsion (HASE). It offers a partial or complete replacement for hydroxyethylcellulose HEC technology and coupling excellent sag/flow balance with exceptional spray, roller, and brushes application properties for desired performance in contractor quality paints.

Key Segments Covered in the Wood Coatings Industry Survey

  • By Product type :

    • Water Borne
    • Solvent-Borne
    • Powder

  • By Type :

    • Preservative
    • Stain
    • Shellac

  • By End Use :

    • Furniture
    • Construction
    • Marine Applications
    • Other End Uses

  • By Sales Channel :

    • Institutional Channels
    • Retail Channels
    • Sales via Online Channels
    • Sales via Home Improvement Stores
    • Sales via Hardware Stores
    • Sales via Franchised Paints & Coating Stores

  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Global Market Overview
  • 3. Key Market Trends
  • 4. Market Background
  • 5. Global Market Size (US$ Mn) & Volume (Tons) and Forecast, 2015 to 2032
  • 6. Global Wood Coating Pricing Point Analysis
  • 7. Global Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2015 to 2032
    • 7.1. Global Market Value (US$ Mn) & Volume Analysis (Tons) 2015 to 2021 And Forecast 2022 to 2032, By Product Type
      • 7.1.1. Water-Borne
      • 7.1.2. Solvent-Borne
      • 7.1.3. Powder
    • 7.2. Global Market Value (US$ Mn) & Volume Analysis (Tons) 2015 to 2021 And Forecast 2022 to 2032, By Coating Type
      • 7.2.1. Preservatives
      • 7.2.2. Stains
      • 7.2.3. Varnishes
      • 7.2.4. Shellacs
      • 7.2.5. Others (Oil, Wax, Etc.)
    • 7.3. Global Market Value (US$ Mn) & Volume Analysis (Tons) 2015 to 2021 And Forecast 2022 to 2032, By End Use
      • 7.3.1. Furniture
      • 7.3.2. Construction
      • 7.3.3. Marine
      • 7.3.4. Others
    • 7.4. Global Market Value (US$ Mn) & Volume Analysis (Tons) 2015 to 2021 And Forecast 2022 to 2032, By Sales Channel
      • 7.4.1. Institutional Sales
      • 7.4.2. Retail Sales
      • 7.4.3. Online Channels
      • 7.4.4. Home Improvement Stores
      • 7.4.5. Hardware Stores
      • 7.4.6. Franchised Paints & Coating Stores
    • 7.5. Global Market Value (US$ Mn) & Volume Analysis (Tons) 2015 to 2021 And Forecast 2022 to 2032, By Region
      • 7.5.1. North America
      • 7.5.2. Latin America
      • 7.5.3. Europe
      • 7.5.4. APAC
      • 7.5.5. MEA
  • 8. North America Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2015 to 2032
  • 9. Latin America Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2015 to 2032
  • 10. Europe Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2015 to 2032
  • 11. APAC Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2015 to 2032
  • 12. MEA Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2015 to 2032
  • 13. Global Market – Prominent Countries Analysis
  • 14. Competitive Assessment
  • 15. Company Profiles
    • 15.1. Nouryon
    • 15.2. Sherwin-Williams Company
    • 15.3. BASF SE
    • 15.4. Dow Chemical Company
    • 15.5. Valspar Corporation
    • 15.6. Dow Chemical Company
    • 15.7. RPM International Inc.
    • 15.8. Nippon Paint Co. Ltd.
    • 15.9. Arkema SA
    • 15.10. Ashland Inc.
  • 16. Fact.MR Research Methodology
  • 17. Disclaimer & Contact Information

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List Of Table

Table 1: Global Market Value (US$ Mn) & Volume (Tons), 2015 to 2021

Table 2: Global Market Value (US$ Mn) & Volume (Tons), 2022 to 2032

Table 3: Global Market Value (US$ Mn) & Volume and Y-o-Y, 2022 to 2032

Table 4: Global Water-borne Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 5: Global Water-borne Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 6: Global Water-borne Segment Market Share, By Region 2015 to 2021

Table 7: Global Water-borne Segment Market Share, By Region 2022 to 2032

Table 8: Global Water-borne Segment Y-o-Y, By Region 2022 to 2032

Table 9: Global Solvent-borne Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 10: Global Solvent-borne Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 11: Global Solvent-borne Segment Market Share, By Region 2015 to 2021

Table 12: Global Solvent-borne Segment Market Share, By Region 2022 to 2032

Table 13: Global Solvent-borne Segment Y-o-Y, By Region 2022 to 2032

Table 14: Global Powder Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 15: Global Powder Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 16: Global Powder Segment Market Share, By Region 2015 to 2021

Table 17: Global Powder Segment Market Share, By Region 2022 to 2032

Table 18: Global Powder Segment Y-o-Y, By Region 2022 to 2032

Table 19: Global Preservatives Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 20: Global Preservatives Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 21: Global Preservatives Segment Market Share, By Region 2015 to 2021

Table 22: Global Preservatives Segment Market Share, By Region 2022 to 2032

Table 23: Global Preservatives Segment Y-o-Y, By Region 2022 to 2032

Table 24: Global Stains Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 25: Global Stains Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 26: Global Stains Segment Market Share, By Region 2015 to 2021

Table 27: Global Stains Segment Market Share, By Region 2022 to 2032

Table 28: Global Stains Segment Y-o-Y, By Region 2022 to 2032

Table 29: Global Varnishes Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 30: Global Varnishes Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 31: Global Varnishes Segment Market Share, By Region 2015 to 2021

Table 32: Global Varnishes Segment Market Share, By Region 2022 to 2032

Table 33: Global Varnishes Segment Y-o-Y, By Region 2022 to 2032

Table 34: Global Shellacs Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 35: Global Shellacs Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 36: Global Shellacs Segment Market Share, By Region 2015 to 2021

Table 37: Global Shellacs Segment Market Share, By Region 2022 to 2032

Table 38: Global Shellacs Segment Y-o-Y, By Region 2022 to 2032

Table 39: Global Others (Oil, wax, etc.) Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 40: Global Others (Oil, wax, etc.) Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 41: Global Others (Oil, wax, etc.) Segment Market Share, By Region 2015 to 2021

Table 42: Global Others (Oil, wax, etc.) Segment Market Share, By Region 2022 to 2032

Table 43: Global Others (Oil, wax, etc.) Segment Y-o-Y, By Region 2022 to 2032

Table 44: Global Furniture Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 45: Global Furniture Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 46: Global Furniture Segment Market Share, By Region 2015 to 2021

Table 47: Global Furniture Segment Market Share, By Region 2022 to 2032

Table 48: Global Furniture Segment Y-o-Y, By Region 2022 to 2032

Table 49: Global Construction Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 50: Global Construction Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 51: Global Construction Segment Market Share, By Region 2015 to 2021

Table 52: Global Construction Segment Market Share, By Region 2022 to 2032

Table 53: Global Construction Segment Y-o-Y, By Region 2022 to 2032

Table 54: Global Marine Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 55: Global Marine Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 56: Global Marine Segment Market Share, By Region 2015 to 2021

Table 57: Global Marine Segment Market Share, By Region 2022 to 2032

Table 58: Global Marine Segment Y-o-Y, By Region 2022 to 2032

Table 59: Global Others Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 60: Global Others Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 61: Global Others Segment Market Share, By Region 2015 to 2021

Table 62: Global Others Segment Market Share, By Region 2022 to 2032

Table 63: Global Others Segment Y-o-Y, By Region 2022 to 2032

Table 64: Global Institutional Sales Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 65: Global Institutional Sales Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 66: Global Institutional Sales Segment Market Share, By Region 2015 to 2021

Table 67: Global Institutional Sales Segment Market Share, By Region 2022 to 2032

Table 68: Global Institutional Sales Segment Y-o-Y, By Region 2022 to 2032

Table 69: Global Retail Sales Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 70: Global Retail Sales Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 71: Global Retail Sales Segment Market Share, By Region 2015 to 2021

Table 72: Global Retail Sales Segment Market Share, By Region 2022 to 2032

Table 73: Global Retail Sales Segment Y-o-Y, By Region 2022 to 2032

Table 74: Global Online Channels Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 75: Global Online Channels Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 76: Global Online Channels Segment Market Share, By Region 2015 to 2021

Table 77: Global Online Channels Segment Market Share, By Region 2022 to 2032

Table 78: Global Online Channels Segment Y-o-Y, By Region 2022 to 2032

Table 79: Global Home Improvement Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 80: Global Home Improvement Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 81: Global Home Improvement Stores Segment Market Share, By Region 2015 to 2021

Table 82: Global Home Improvement Stores Segment Market Share, By Region 2022 to 2032

Table 83: Global Home Improvement Stores Segment Y-o-Y, By Region 2022 to 2032

Table 84: Global Hardware Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 85: Global Hardware Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 86: Global Hardware Stores Segment Market Share, By Region 2015 to 2021

Table 87: Global Hardware Stores Segment Market Share, By Region 2022 to 2032

Table 88: Global Hardware Stores Segment Y-o-Y, By Region 2022 to 2032

Table 89: Global Franchised Paints & Coating Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2015 to 2021

Table 90: Global Franchised Paints & Coating Stores Segment Value (US$ Mn) & Volume (Tons), By Region 2022 to 2032

Table 91: Global Franchised Paints & Coating Stores Segment Market Share, By Region 2015 to 2021

Table 92: Global Franchised Paints & Coating Stores Segment Market Share, By Region 2022 to 2032

Table 93: Global Franchised Paints & Coating Stores Segment Y-o-Y, By Region 2022 to 2032

Table 94: North America Market Value (US$ Mn) & Volume (Tons), By Country 2015 to 2021

Table 95: North America Market Value (US$ Mn) & Volume (Tons), By Country 2022 to 2032

Table 96: North America Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 97: North America Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 98: North America Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 99: North America Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 100: North America Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 101: North America Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 102: North America Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 103: North America Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 104: Latin America Market Value (US$ Mn) & Volume (Tons), By Country 2015 to 2021

Table 105: Latin America Market Value (US$ Mn) & Volume (Tons), By Country 2022 to 2032

Table 106: Latin America Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 107: Latin America Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 108: Latin America Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 109: Latin America Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 110: Latin America Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 111: Latin America Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 112: Latin America Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 113: Latin America Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 114: Europe Market Value (US$ Mn) & Volume (Tons), By Country 2015 to 2021

Table 115: Europe Market Value (US$ Mn) & Volume (Tons), By Country 2022 to 2032

Table 116: Europe Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 117: Europe Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 118: Europe Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 119: Europe Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 120: Europe Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 121: Europe Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 122: Europe Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 123: Europe Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 124: APAC Market Value (US$ Mn) & Volume (Tons), By Country 2015 to 2021

Table 125: APAC Market Value (US$ Mn) & Volume (Tons), By Country 2022 to 2032

Table 126: APAC Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 127: APAC Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 128: APAC Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 129: APAC Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 130: APAC Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 131: APAC Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 132: APAC Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 133: APAC Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 134: MEA Market Value (US$ Mn) & Volume (Tons), By Country 2015 to 2021

Table 135: MEA Market Value (US$ Mn) & Volume (Tons), By Country 2022 to 2032

Table 136: MEA Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 137: MEA Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 138: MEA Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 139: MEA Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 140: MEA Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 141: MEA Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 142: MEA Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 143: MEA Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 144: China Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 145: China Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 146: China Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 147: China Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 148: China Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 149: China Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 150: China Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 151: China Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 152: India Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 153: India Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 154: India Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 155: India Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 156: India Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 157: India Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 158: India Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 159: India Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

Table 160: Mexico Market Value (US$ Mn) & Volume (Tons), By Product Type 2015 to 2021

Table 161: Mexico Market Value (US$ Mn) & Volume (Tons), By Product Type 2022 to 2032

Table 162: Mexico Market Value (US$ Mn) & Volume (Tons), By Coating Type 2015 to 2021

Table 163: Mexico Market Value (US$ Mn) & Volume (Tons), By Coating Type 2022 to 2032

Table 164: Mexico Market Value (US$ Mn) & Volume (Tons), By End Use 2015 to 2021

Table 165: Mexico Market Value (US$ Mn) & Volume (Tons), By End Use 2022 to 2032

Table 166: Mexico Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2015 to 2021

Table 167: Mexico Market Value (US$ Mn) & Volume (Tons), By Sales Channel 2022 to 2032

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List Of Figures

Figure 1: Global Market Value (US$ Mn), 2015 to 2021

Figure 2: Global Market Value (US$ Mn) Forecast, 2022 to 2032

Figure 3: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2032

Figure 4: Global Water-borne Type Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 5: Global Water-borne Type Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 6: Global Water-borne Type Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 7: Global Solvent-borne Type Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 8: Global Solvent-borne Type Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 9: Global Solvent-borne Type Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 10: Global Powder Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 11: Global Powder Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 12: Global Powder Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 13: Global Preservatives Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 14: Global Preservatives Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 15: Global Preservatives Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 16: Global Stains Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 17: Global Stains Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 18: Global Stains Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 19: Global Varnishes Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 20: Global Varnishes Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 21: Global Varnishes Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 22: Global Shellacs Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 23: Global Shellacs Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 24: Global Shellacs Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 25: Global Others (Oil, wax, etc.) Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 26: Global Others (Oil, wax, etc.) Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 27: Global Others (Oil, wax, etc.) Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 28: Global Furniture Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 29: Global Furniture Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 30: Global Furniture Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 31: Global Construction Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 32: Global Construction Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 33: Global Construction Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 34: Global Marine Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 35: Global Marine Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 36: Global Marine Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 37: Global Others Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 38: Global Others Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 39: Global Others Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 40: Global Institutional Sales Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 41: Global Institutional Sales Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 42: Global Institutional Sales Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 43: Global Retail Sales Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 44: Global Retail Sales Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 45: Global Retail Sales Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 46: Global Online Channels Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 47: Global Online Channels Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 48: Global Online Channels Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 49: Global Home Improvement Stores Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 50: Global Home Improvement Stores Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 51: Global Home Improvement Stores Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 52: Global Hardware Stores Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 53: Global Hardware Stores Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 54: Global Hardware Stores Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 55: Global Franchised Paints & Coating Stores Segment Market Value (US$ Mn) By Region, 2015 to 2021

Figure 56: Global Franchised Paints & Coating Stores Segment Market Value (US$ Mn) By Region, 2022 to 2032

Figure 57: Global Franchised Paints & Coating Stores Segment Y-o-Y Growth Rate, By Region, 2022 to 2032

Figure 58: North America Market Value (US$ Mn), By Country 2015 to 2021

Figure 59: North America Market Value (US$ Mn), By Country 2022 to 2032

Figure 60: North America Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 61: North America Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 62: North America Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 63: North America Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 64: North America Market Value (US$ Mn), By End Use 2015 to 2021

Figure 65: North America Market Value (US$ Mn), By End Use 2022 to 2032

Figure 66: North America Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 67: North America Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 68: Latin America Market Value (US$ Mn), By Country 2015 to 2021

Figure 69: Latin America Market Value (US$ Mn), By Country 2022 to 2032

Figure 70: Latin America Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 71: Latin America Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 72: Latin America Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 73: Latin America Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 74: Latin America Market Value (US$ Mn), By End Use 2015 to 2021

Figure 75: Latin America Market Value (US$ Mn), By End Use 2022 to 2032

Figure 76: Latin America Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 77: Latin America Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 78: Europe Market Value (US$ Mn), By Country 2015 to 2021

Figure 79: Europe Market Value (US$ Mn), By Country 2022 to 2032

Figure 80: Europe Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 81: Europe Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 82: Europe Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 83: Europe Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 84: Europe Market Value (US$ Mn), By End Use 2015 to 2021

Figure 85: Europe Market Value (US$ Mn), By End Use 2022 to 2032

Figure 86: Europe Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 87: Europe Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 88: APAC Market Value (US$ Mn), By Country 2015 to 2021

Figure 89: APAC Market Value (US$ Mn), By Country 2022 to 2032

Figure 90: APAC Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 91: APAC Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 92: APAC Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 93: APAC Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 94: APAC Market Value (US$ Mn), By End Use 2015 to 2021

Figure 95: APAC Market Value (US$ Mn), By End Use 2022 to 2032

Figure 96: APAC Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 97: APAC Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 98: MEA Market Value (US$ Mn), By Country 2015 to 2021

Figure 99: MEA Market Value (US$ Mn), By Country 2022 to 2032

Figure 100: MEA Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 101: MEA Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 102: MEA Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 103: MEA Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 104: MEA Market Value (US$ Mn), By End Use 2015 to 2021

Figure 105: MEA Market Value (US$ Mn), By End Use 2022 to 2032

Figure 106: MEA Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 107: MEA Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 108: China Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 109: China Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 110: China Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 111: China Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 112: China Market Value (US$ Mn), By End Use 2015 to 2021

Figure 113: China Market Value (US$ Mn), By End Use 2022 to 2032

Figure 114: China Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 115: China Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 116: India Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 117: India Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 118: India Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 119: India Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 120: India Market Value (US$ Mn), By End Use 2015 to 2021

Figure 121: India Market Value (US$ Mn), By End Use 2022 to 2032

Figure 122: India Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 123: India Market Value (US$ Mn), By Sales Channel 2022 to 2032

Figure 124: Mexico Market Value (US$ Mn), By Product Type 2015 to 2021

Figure 125: Mexico Market Value (US$ Mn), By Product Type 2022 to 2032

Figure 126: Mexico Market Value (US$ Mn), By Coating Type 2015 to 2021

Figure 127: Mexico Market Value (US$ Mn), By Coating Type 2022 to 2032

Figure 128: Mexico Market Value (US$ Mn), By End Use 2015 to 2021

Figure 129: Mexico Market Value (US$ Mn), By End Use 2022 to 2032

Figure 130: Mexico Market Value (US$ Mn), By Sales Channel 2015 to 2021

Figure 131: Mexico Market Value (US$ Mn), By Sales Channel 2022 to 2032

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the worth of the wood coatings industry in 2022?

By 2022, demand for wood coatings to reach US$ 9.7 Billion

What is the expected forecast CAGR for wood coatings from 2022 to 2032?

From 2022 to 2032, wood coatings demand is likely to surge at a 6.2% CAGR

At what value will the market for wood coatings close in 2032?

By 2032, the market for wood coatings is likely to be valued at US$ 17.7 Billion

What is the expected market value for the U.S wood coatings market?

By 2032, Fact.MR expects the U.S market for wood coatings to reach US$ 7.6 Billion

How opportunistic is the Chinese market for wood coatings?

China is expected to register a 6.1% CAGR with regard to the Wood Coatings industry

What are the expected growth rates for the South Korean and Japanese markets?

South Korea and Japan are expected to document CAGRs worth 6.4% and 6.2% respectively in the Wood Coatings market

Which product type will account for the maximum Wood Coatings revenue?

Solvent-borne wood coatings will be maximum, expanding at a 6.4% CAGR

By type, which category is likely to remain top-selling until 2032?

Stain wood will remain most preferred, expanding at a CAGR of 6% until 2032

Wood Coatings Market

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