Market By Resin Type, Technology, Application, And Geography | Forecast 2019-2027
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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VIEW REPORT1. 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
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)
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)