ASIA-PACIFIC WOOD COATINGS MARKET 2019-2027

Building & Construction | Construction Materials

ASIA-PACIFIC WOOD COATINGS MARKET 2019-2027

Market By Resin Type, Technology, Application, And Geography | Forecast 2019-2027

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The Asia-Pacific wood coatings market is expected to surge at a CAGR 6.01% in terms of revenue and 5.68% in terms of volume in the forecast period of 2019-2027.

The countries studied in the Asia-Pacific market for wood coatings are:

•           India

•           China

•           Japan

•           Australia & New Zealand

•           South Korea

•           ASEAN countries

•           Rest of Asia-Pacific

The region is one of the most profitable markets to provide wood coatings in various application segments such as furniture, joinery, and flooring. This factor is further supported by the manufacturing and utilization of wood coatings on a large scale in China, India, Japan, South Korea, and other Asia-Pacific countries. Moreover, various production companies are shifting their plants to the Asia-Pacific region. This would help in sustaining the economic growth rate and increasing capital investments in the region.

China is the second-largest economy in terms of GDP and the largest economy in the world with regard to purchasing power. Many MNCs have been establishing their offices in China. Wooden furniture has a huge demand in the office sector. Thus, wood coatings are used to extend the quality of the furniture. In countries like Japan, there is a vast demand for wood coatings in the automobile sector. Applying coatings helps to give a glossy finish and an aesthetic look to the interiors of automobiles.

In India, the government has launched many public initiatives to increase the standard of living of the population. For instance, under Pradhan Mantri Awas Yojna (PMAY), affordable housing will be provided to the poor. This has led to the demand for wood items, such as doors, windows, cabinets and sidings, and other furniture which require wood coatings for protection from termites.

ICA Pidilite Private Limited manufactures various coating products. The company provides coatings to glass, wood, and other water-based products. It has been offering products for small to large applications; for industry and domestic use, which has built a strong bond with the consumers. Pidilite has a diverse portfolio of products from coatings, adhesives, water-proofing solutions, and construction chemicals to arts & crafts, industry resins, polymers and more. The company operates in 71 countries, in regions like Asia-Pacific, the Americas, and the Middle East and Africa.

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Table of Content

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

            

List of table

TABLE 1        ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

TABLE 2        ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

TABLE 3        MARKET POSITION OUTLOOK 2018

TABLE 4        ASIA-PACIFIC WOOD COATINGS MARKET, BY RESIN TYPE, 2019-2027 ($ MILLION)

TABLE 5        ASIA-PACIFIC WOOD COATINGS MARKET, BY RESIN TYPE, 2019-2027 (MILLION LITER)

TABLE 6        ASIA-PACIFIC WOOD COATINGS MARKET, BY TECHNOLOGY, 2019-2027 ($ MILLION)

TABLE 7        ASIA-PACIFIC WOOD COATINGS MARKET, BY TECHNOLOGY, 2019-2027 (MILLION LITER)

TABLE 8        ASIA-PACIFIC WOOD COATINGS MARKET, BY APPLICATION, 2019-2027 ($ MILLION)

TABLE 9        ASIA-PACIFIC WOOD COATINGS MARKET, BY APPLICATION, 2019-2027 (MILLION LITER)

TABLE 10      ASIA-PACIFIC WOOD COATINGS MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

TABLE 11      ASIA-PACIFIC WOOD COATINGS MARKET, BY COUNTRY, 2019-2027 (MILLION LITER)

List of Figures

FIGURE 1      ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 2      ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 3      ASIA-PACIFIC WOOD COATINGS MARKET, BY POLYURETHANE, 2019-2027 ($ MILLION)

FIGURE 4      ASIA-PACIFIC WOOD COATINGS MARKET, BY POLYURETHANE, 2019-2027 (MILLION LITER)

FIGURE 5      ASIA-PACIFIC WOOD COATINGS MARKET, BY NITROCELLULOSE, 2019-2027 ($ MILLION)

FIGURE 6      ASIA-PACIFIC WOOD COATINGS MARKET, BY NITROCELLULOSE, 2019-2027 (MILLION LITER)

FIGURE 7      ASIA-PACIFIC WOOD COATINGS MARKET, BY ACRYLICS, 2019-2027 ($ MILLION)

FIGURE 8      ASIA-PACIFIC WOOD COATINGS MARKET, BY ACRYLICS, 2019-2027 (MILLION LITER)

FIGURE 9      ASIA-PACIFIC WOOD COATINGS MARKET, BY UNSATURATED POLYESTER, 2019-2027 ($ MILLION)

FIGURE 10   ASIA-PACIFIC WOOD COATINGS MARKET, BY UNSATURATED POLYESTER, 2019-2027 (MILLION LITER)

FIGURE 11   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER RESIN TYPE, 2019-2027 ($ MILLION)

FIGURE 12   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER RESIN TYPE, 2019-2027 (MILLION LITER)

FIGURE 13   ASIA-PACIFIC WOOD COATINGS MARKET, BY WATER-BORNE, 2019-2027 ($ MILLION)

FIGURE 14   ASIA-PACIFIC WOOD COATINGS MARKET, BY WATER-BORNE, 2019-2027 (MILLION LITER)

FIGURE 15   ASIA-PACIFIC WOOD COATINGS MARKET, BY CONVENTIONAL SOLVENT-BORNE, 2019-2027 ($ MILLION)

FIGURE 16   ASIA-PACIFIC WOOD COATINGS MARKET, BY CONVENTIONAL SOLVENT-BORNE, 2019-2027 (MILLION LITER)

FIGURE 17   ASIA-PACIFIC WOOD COATINGS MARKET, BY HIGH SOLID SOLVENT-BORNE, 2019-2027 ($ MILLION)

FIGURE 18   ASIA-PACIFIC WOOD COATINGS MARKET, BY HIGH SOLID SOLVENT-BORNE, 2019-2027 (MILLION LITER)

FIGURE 19   ASIA-PACIFIC WOOD COATINGS MARKET, BY POWDER COATING, 2019-2027 ($ MILLION)

FIGURE 20   ASIA-PACIFIC WOOD COATINGS MARKET, BY POWDER COATING, 2019-2027 (MILLION LITER)

FIGURE 21   ASIA-PACIFIC WOOD COATINGS MARKET, BY RADIATION-CURED, 2019-2027 ($ MILLION)

FIGURE 22   ASIA-PACIFIC WOOD COATINGS MARKET, BY RADIATION-CURED, 2019-2027 (MILLION LITER)

FIGURE 23   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER TECHNOLOGY, 2019-2027 ($ MILLION)

FIGURE 24   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER TECHNOLOGY, 2019-2027 (MILLION LITER)

FIGURE 25   ASIA-PACIFIC WOOD COATINGS MARKET, BY FURNITURE, 2019-2027 ($ MILLION)

FIGURE 26   ASIA-PACIFIC WOOD COATINGS MARKET, BY FURNITURE, 2019-2027 (MILLION LITER)

FIGURE 27   ASIA-PACIFIC WOOD COATINGS MARKET, BY JOINERY, 2019-2027 ($ MILLION)

FIGURE 28   ASIA-PACIFIC WOOD COATINGS MARKET, BY JOINERY, 2019-2027 (MILLION LITER)

FIGURE 29   ASIA-PACIFIC WOOD COATINGS MARKET, BY FLOORING, 2019-2027 ($ MILLION)

FIGURE 30   ASIA-PACIFIC WOOD COATINGS MARKET, BY FLOORING, 2019-2027 (MILLION LITER)

FIGURE 31   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER APPLICATION, 2019-2027 ($ MILLION)

FIGURE 32   ASIA-PACIFIC WOOD COATINGS MARKET, BY OTHER APPLICATION, 2019-2027 (MILLION LITER)

FIGURE 33   CHINA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 34   CHINA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 35   JAPAN WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 36   JAPAN WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 37   INDIA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 38   INDIA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 39   SOUTH KOREA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 40   SOUTH KOREA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 41   AUSTRALIA & NEW ZEALAND WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 42   AUSTRALIA & NEW ZEALAND WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 43   ASEAN COUNTRIES WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 44   ASEAN COUNTRIES WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 45   REST OF ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 46   REST OF ASIA-PACIFIC WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

 

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