The Waterborne Wood Coatings market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Wood coatings are used in wooden furniture to achieve aesthetic properties and prevent mechanical, physical, and chemical damages. These are generally manufactured with a wide range of resins, namely acrylic, amino, polyester, polyurethane, and nitrocellulose and are classified into four types of coatings, namely solvent-borne, water-borne, radiation-cured, and powder-coated.
According to the report, one of the major drivers for this market is Increasing availability of recycled wood. To prevent wood landfills and reduce waste, governments are imposing regulations to the limit of landfills. Europe imposed the Waste Framework Directive 2008/98EC to improve the recycling and use of resources. This regulation is aimed to meet the target of achieving 70% of recycling in construction and demolition, by 2020. It is estimated that approximately 5.1 million metric ton of wood waste is generated and 1.3 million metric ton of wood is being recovered every year in Europe. This increasing rate of wood recovery is expected to boost the global furniture wood coatings market.
As the report focuses on global Waterborne Wood Coatings market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Akzo Nobel
Axalta Coating Systems
PPG Industries
The Sherwin-Williams
The Dow Chemical
Benjamin Moore
Diamond Vogel
Drywood Coatings
Helios
IVM Chemicals
Rust-Oleum
Royal DSM
Market Segment by Product Type:
Solvent-Borne Furniture Wood Coatings
Waterborne Furniture Wood Coatings
Radiation-Cured Furniture Wood Coatings
Powder Furniture Wood Coatings
Market Segment by Application:
Industrial
Manufacture
Domestic
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Waterborne Wood Coatings market for the forecast period 2020 - 2025?
• What are the driving forces in the Waterborne Wood Coatings market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Waterborne Wood Coatings industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?