Jan 13, 2020   SOURCE: BusinessWire

Asia-Pacific Wood Coatings Market 2019-2027: Akzo Nobel N.V., Helios Coatings Inc, Basf Se & Minwax Company - ResearchAndMarkets.com

The "Asia-Pacific Wood Coatings Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.

Market Outlook

The Asia-Pacific wood coatings market is expected to grow at a CAGR of 6.64% in terms of revenue for the forecasting period of 2019-2027. On the other hand, the market is predicted to grow at a CAGR of 6.06% in terms of volume.

The wood coatings market in the region is formed by countries like China, India, Japan, South Korea, and ASEAN countries and the Rest of Asia-Pacific.

The Asia-Pacific has the largest market share in the wood coatings market in terms of revenue. It is predicted that the region would offer massive opportunities for the growth of the market during the forecasting period. The market is fueled by high disposable incomes of the population and large investments in urbanization. Along with that, the demand in the application segment, such as joineries, furniture, and flooring, drives the growth of the market.

In South Korea, due to heavy industrialization, the demand for wooden items has increased. The use of architectural doors and decorative plywood has increased considerably for residential and commercial purposes, which has resulted in the demand for wood coatings. Similarly, the emergence of the concept of smart homes has increased the demand for wooden floorings in Australia. The country is famous for hosting events for playing non-contact sports such as tennis, badminton, and basketball, which require wooden floors. Applying wood coatings offers a firm grip and slip resistance, so the player can easily move on the floor. All these factors are likely to offer growth opportunities for the wood coatings market in the region.

Key Topics Covered:

1. Asia-Pacific Wood Coatings Market - Summary

2. Industry Outlook

2.1. Market Definition

2.2. Porter's Five Forces Model

2.2.1. Threat of New Entrants

2.2.2. Threat of Substitute

2.2.3. Bargaining Power of Buyers

2.2.4. Bargaining Power of Suppliers

2.2.5. Threat of Competitive Rivalry

2.3. Value Chain Outlook

2.4. Regulatory Outlook

2.5. Market Position Outlook

2.6. Key Insights

2.7. Market Attractiveness Index

2.8. Market Drivers

2.8.1. Rise in the Disposable Income of Consumers

2.8.2. Growth in the Construction Activities

2.9. Market Restraints

2.9.1. Rise in the Volatile Materials

2.9.2. Changing Raw Material Prices

2.10. Market Opportunities

2.10.1. Opportunities in Radiation Cure Coatings

2.10.2. Technological Advancements

2.11. Market Challenges

2.11.1. Stringent Regulations Related to the Environment

3. Wood Coatings Market Outlook - By Resin Type

3.1. Polyurethane

3.2. Nitrocellulose

3.3. Acrylics

3.4. Unsaturated Polyester

3.5. Other Resin Type

4. Wood Coatings Market Outlook - By Technology

4.1. Water-Borne

4.2. Conventional Solvent-Borne

4.3. High Solid Solvent-Borne

4.4. Powder Coating

4.5. Radiation-Cured

4.6. Other Technology

5. Wood Coatings Market Outlook - By Application

5.1. Furniture

5.2. Joinery

5.3. Flooring

5.4. Other Application

6. Wood Coatings Market - Regional Outlook

6.1. Asia-Pacific

6.1.1. Country Analysis

6.1.1.1. China

6.1.1.2. Japan

6.1.1.3. India

6.1.1.4. South Korea

6.1.1.5. Australia & New Zealand

6.1.1.6. ASEAN Countries

6.1.1.7. Rest of Asia-Pacific

7. Company Profiles

7.1. Axalta Coating Systems

7.2. Akzo Nobel N.V.

7.3. Benjamin Moore & Co.

7.4. Nippon Paint Holdings Co., Ltd.

7.5. Basf Se

7.6. Rpm International Inc.

7.7. Kapci Coatings

7.8. Eastman Chemical Company

7.9. Helios Coatings Inc

7.10. Dowdupont Inc.

7.11. Ppg Industries, Inc.

7.12. the Sherwin-Williams Company

7.13. Ica Gruppen Ab (Ica)

7.14. Kansai Paint Co., Ltd.

7.15. Minwax Company

8. Research Methodology & Scope

8.1. Research Scope & Deliverables

8.1.1. Objectives of Study

8.1.2. Scope of Study

8.2. Sources of Data

8.2.1. Primary Data Sources

8.2.2. Secondary Data Sources

8.3. Research Methodology

8.3.1. Evaluation of Proposed Market

8.3.2. Identification of Data Sources

8.3.3. Assessment of Market Determinants

8.3.4. Data Collection

8.3.5. Data Validation & Analysis

For more information about this report visit https://www.researchandmarkets.com/r/b8vvxr