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Garnering a CAGR of 6.1% from 2021 to 2027, the global wood coating market is projected to reach a worth of USD 11,906 million by 2027-end, according to a new report by our report Company.
Along with R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and the local improvement of basic competition operating within the market on a global and local scale, the studies also include major strategic trends.
Wood coatings are chemical formulations that are used for multiple functions in wood processing when a high quality wood surface is required by purposes such as better stabilization, hygiene, and decoration of wood.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global wood coating market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the wood coating industry.
The wood coating market is segmented on the basis of technology, product, product chemistry, application, and application. The wood coating market is segmented as below:
By technology:
non-spraying
spraying
By product:
varnishes
shellacs
lacquers
repellents
stains
preservatives or dyes
others
By product chemistry:
polyurethane
acrylic
polyester
nitrocellulose
By application:
application
flooring & decking
sports equipment
automotive interior
ship interiors
exterior fencing
handcrafts
furniture
cabinets
others
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The global wood coating market report offers detailed information on several market vendors, including Akzo Nobel N.V., Axalta Coating Systems, Ltd., BASF SE, ICA SpA, IVM srl, Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., RPM International Inc., Sherwin-Williams Company, Sniezka Paints and Varnishes Plant S.A., Teknos Group Oy, among others.
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