Furniture Wood Coatings Market Competition by Manufacturers, Technological Development and Trends 2022

on

Global Furniture Wood Coatings Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Furniture wood coatings are used to obtain aesthetic properties and prevent physical, mechanical, and chemical damage. These coatings are mainly used in institutional furniture, kitchen cabinets, partitions and fixtures, office furniture, and household furniture.  The factors that propel the growth of the Furniture Wood Coatings Market include increasing demand, changing standard of living, and awareness among people. Furthermore, inclination toward UV-curved coatings is growing, owing to lesser drying time and low VOC content.


Furniture Wood Coatings Market is categorized based on technology, product types, applications, end users, and geography. Furniture Wood Coatings Market is categorized based on technology such as Solvent-borne coatings, Water-borne coatings, Radiation cured coatings, Powder coatings. Furniture Wood Coatings Market is categorized based on types into Waterborne, Solvent-borne, Radiation-cured, Powder. Furniture Wood Coatings Market is categorized based on application into Roll & Brush Coating, Vacuum Coating, Spray Coating. Furniture Wood Coatings Market is categorized based on End Users into Furniture, Cabinets, Siding, Flooring & Decking.
Furniture Wood Coatings Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
Asia Pacific has been at the forefront with regards to Furniture Wood Coatings Market and will continue to rule the roost in the years to come. Some of the key players that fuel the growth of the Furniture Wood Coatings Market BASF, PPG, Benjamin Moore, AkzoNobel, DAW, Diamond Vogel, Valspar, Dry wood Coatings, Sherwin-Williams, Helios, IVM Chemicals, ICA, Jotun, Kelly-Moore Paints, KAPCI Coatings, Minwax, Monocoat. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Comments

Post a Comment