DUBLIN, June 09, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/7z57wz/wood_coating) has announced the addition of the "Wood Coating Market by Coating Type, Application Method , End User & by Region - Trends & Forecast to 2020" report to their offering.
The global wood coating market is projected to be valued at around $1,985.28 Million by 2020, growing at a CAGR of 6.30% from 2015
Growth in the protective coating market and rise in new construction activities worldwide are projected to be the major drivers of this market. The growing demand for eco-friendly wood coating products and rise in renovations & remodeling are also projected to drive the growth of this market.
The wood coating market is estimated to grow with technological advancements as well as large demand for low VOC coatings. Recovery of global economy would also boost the demand for wood coatings.
The wood coating market is dominated by large firms such as BASF SE (Germany), Akzo Nobel N.V. (The Netherlands), The Dow Chemical Company (U.S.), and The Sherwin-Williams Company (U.S.). These companies provide advanced wood coating products, and the considerable expertise and experience gained over the years have optimized their processes and practises to become more efficient.
The market has been segmented on the basis of coating type, application method, end user, and region, in terms of volume and value. The market segment by coating type includes stains & varnishes, shellac, wood preservatives, water repellents, and others. The market segmentation in terms of application method includes roll coating & brush coating, vacuum coating, spray coating, and others.
The stains & varnishes coating is projected to be the fastest-growing market for wood coating from 2015 to 2020. The key players in wood coating market prefer agreements, contracts, joint ventures, partnership strategies, expansions, and investments to garner a larger share in the market. The leading wood coating product & service providers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Stains & Varnishes Market
8 Shellac Coating Market
9 Wood Preservatives Market
10 Water Repellents Market
11 Other Wood Coating Types Market
12 Wood Coating Market, By End User
13 Wood Coating Market, By Region
14 Competitive Landscape
15 Company Profiles
- Akzonobel N.V.
- Arkema SA
- Ashland Inc.
- BASF SE
- Hempel A/S.
- Nippon Paint Co. Ltd.
- RPM International Inc.
- The DOW Chemical Company
- The Sherwin-Williams Company
- The Valspar Corporation
For more information visit http://www.researchandmarkets.com/research/7z57wz/wood_coating
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SOURCE Research and Markets