Research and Markets: Global Wood Coatings Market 2015-2019 with Akzo Nobel, PPG Industries, RPM International, The Sherwin-Williams & The Valspar Dominating
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/3ctxc5/global_wood) has announced the addition of the “Global Wood Coatings Market 2015-2019” report to their offering.
The global wood coatings market to grow at a CAGR of 5.99% over the period 2014-2019.
Coatings are products used to protect a surface and/or enhance its appearance. Coatings used on wooden substrates are commonly called wood coatings. Wood coatings are formulated using various types of resins such as acrylic resins, amino resins, polyester, polyurethane, and nitrocellulose. There are four major types of coatings based on technology: solvent-borne, water-borne, radiation-cure, and powder coatings.
Key emerging trends such as the use of renewable and natural sources for the manufacture of wood coatings is expected to boost market growth during the forecast period. Vendors in the market are focusing on R&D of products that are less dependent on raw materials derived from crude oil. Plant-based renewable sources are being increasingly used to develop wood coatings.
According to the report, increasing demand for wood coatings from Central and Eastern Europe, brought about by strong growth in the furniture industry and the recovery of the housing market in many countries in this region, is propelling the growth of the market.
Further, the report states that stringent regulations are expected to restrict market growth.
The report provides data on the different segments of the market based on the following criteria:
- Technology: solvent-borne, water-borne, radiation-cure, and powder coatings
- Application: furniture, decking, joinery, siding, flooring, and other applications such as fencing, flat panels, and MDF
- Geography: Americas, APAC, and EMEA
- Akzo Nobel
- PPG Industries
- RPM International
- The Sherwin-Williams
- The Valspar
Other Prominent Vendors
- Benjamin Moore
- Diamond Vogel
- Drywood Coatings
- Feyco Treffert
- ICA Group
- IVM Chemicals
- KAPCI Coatings
- Kelly-Moore Paints
- NanoTech Coatings
- Vermont Natural Coatings
- Weilburger Coatings
For more information visit http://www.researchandmarkets.com/research/3ctxc5/global_wood
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