Market by Resin Type, Technology, Application, and Country Outlook | Forecast 2024-2032
As per Triton Market Research’s report, the Europe wood coatings market is set to attain revenue growth at a compound annual growth rate of 4.18% over the forecasted period 2024-2032.
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The countries assessed in this region are:
•        United Kingdom
•        Germany
•        FranceÂ
•        Italy
•       Spain
•       Poland
•        Rest of Europe
Historically, Europe has been a focal point for wood coatings consumption, given the prevalence of wooden construction in many countries. Despite periods of economic stagnation and crises, the region is experiencing significant and broad-based economic expansion. Factors contributing to this growth include a rise in tourism, the adoption of fair trade policies with reduced tariffs, and heightened industrialization and urbanization. These aspects collectively drive the expansion of the wood coatings market across Europe.
Germany’s reputation as an automobile manufacturing powerhouse is undeniable, boasting the headquarters of renowned brands such as BMW, Mercedes-Benz, and Audi. The global surge in demand for luxury automobiles has consequently sparked a rise in the need for wood coatings. These coatings, applied to automobile interiors, serve to enhance the aesthetic appeal of dashboards. Hence, the advancement in the automotive industry drives the studied market to a large extent.Â
In the United Kingdom, the rises in building construction spending and slight shifts in residential maintenance practices are anticipated to boost the demand for wood coatings. These coatings find utility in various newly installed wood products such as doors, cabinets, and sidings, thereby benefiting from the growth in housing construction.
Powder coatings, a dry powder substance employed in wood coating, necessitate a variety of raw materials in their production. These include epoxy and polyester resins, pigments, additives, curing agents, gloss enhancers, brightening agents, etc. These elements undergo processes of melting, blending, cooling, and grinding to achieve a homogeneous powder. The market is sectioned into technology, application, and resin type. Based on technology, powder coatings, UV-cured, Water-borne, and solvent-borne.Â
The notable companies in the market consist of Akzo Nobel NV, Diamond Paints, Axalta Coating Systems LLC, BASF SE, and Kansai Helios.Â
Akzo Nobel NV is a prominent manufacturer in the paints and coatings industry. Its product range spans automotive, specialty, marine, protective, and industrial coatings, catering to various sectors such as automotive, marine, aerospace, consumer goods, and architectural components. Additionally, its products are marketed under several well-known brand names, including Dulus, Bruguer, Flexa, Marshall, Sadolin, etc. With a global presence spanning various regions, Akzo Nobel operates from its headquarters in Amsterdam, the Netherlands.
KEY DELIVERABLES OF THE REPORT:Â
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the wood coatings market revenue growth in Europe and its influence on the parent marketÂ
In-depth study of forthcoming trends in consumer behavioral patternsÂ
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Europe wood coatings market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. EUROPE
WOOD COATINGS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. PORTER’S
FIVE FORCES ANALYSIS
2.1.1. THREAT
OF NEW ENTRANTS
2.1.2. THREAT
OF SUBSTITUTES
2.1.3. BARGAINING
POWER OF BUYERS
2.1.4. BARGAINING
POWER OF SUPPLIERS
2.1.5. THREAT
OF COMPETITIVE RIVALRY
2.2. MARKET
MATURITY ANALYSIS
2.3. SUPPLY
CHAIN ANALYSIS
2.3.1. RAW
MATERIAL SOURCING AND PROCESSING
2.3.2. PRODUCT
INNOVATION AND TECHNOLOGY DEVELOPMENT
2.3.3. SUPPLY
CHAIN MANAGEMENT AND MARKET DISTRIBUTION
2.3.4. CUSTOMER
SUPPORT AND MAINTENANCE SERVICES
2.4. REGULATORY
FRAMEWORK
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. COATING
PERFORMANCE AND WOOD COMPATIBILITY
2.5.2. COST-EFFECTIVENESS
AND VALUE ALIGNMENT FOR WOOD SURFACE APPLICATIONS
2.5.3. RELIABILITY
AND LONGEVITY OF COATINGS ON WOOD SURFACES
2.5.4. SUPPLIER
TRACK RECORD AND WOOD COATING EXPERTISE
2.6. KEY
MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. ACQUISITIONS
2.6.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. INCREASING
DEMAND FROM THE BUILDING AND CONSTRUCTION SECTOR
2.7.2. UPTICK
IN SPENDING ON HOME ENHANCEMENTS DUE TO RISE IN INCOME
2.7.3. RISING
DEMAND FOR ECO-FRIENDLY PRODUCTS SOURCED FROM RENEWABLES
2.8. MARKET
CHALLENGES
2.8.1. VARIABLE
RAW MATERIAL COSTS IMPACT PRODUCTION EXPENSES
2.8.2. ENVIRONMENTAL
REGULATIONS LIMIT SPECIFIC CHEMICALS
2.8.3. COMPETITION
FROM COMPOSITE MATERIALS AND PLASTICS
2.9. MARKET
OPPORTUNITIES
2.9.1. TAILORED
SOLUTIONS FOR APPLICATIONS SUCH AS FLOORING AND FURNITURE
2.9.2. EMERGENCE
OF SMART COATINGS WITH SELF-HEALING AND ANTIMICROBIAL PROPERTIES
2.9.3. IMPROVED
COATING PERFORMANCE THROUGH NANOTECHNOLOGY
2.10. ANALYST
PERSPECTIVE
3. EUROPE
WOOD COATINGS MARKET – BY RESIN TYPE
3.1. NITROCELLULOSE
3.2. POLYURETHANE
3.3. ACRYLICÂ Â Â Â
3.4. OTHER
RESIN TYPES
4. EUROPE
WOOD COATINGS MARKET – BY TECHNOLOGY
4.1. POWDER
COATINGS
4.2. WATER-BORNE
4.3. UV-CURED
4.4. SOLVENT-BORNE
5. EUROPE
WOOD COATINGS MARKET – BY APPLICATION
5.1. FURNITURE
AND FIXTURE
5.2. CABINET
5.3. FLOORING
5.4. DOORS
AND WINDOW
5.5. DECK
6. EUROPE
WOOD COATINGS MARKET – BY COUNTRY OUTLOOK
6.1. UNITED
KINGDOM
6.1.1. UNITED
KINGDOM WOOD COATINGS MARKET FORECAST & PROSPECTS
6.2. GERMANY
6.2.1. GERMANY
WOOD COATINGS MARKET FORECAST & PROSPECTS
6.3. FRANCE
6.3.1. FRANCE
WOOD COATINGS MARKET FORECAST & PROSPECTS
6.4. SPAIN
6.4.1. SPAIN
WOOD COATINGS MARKET FORECAST & PROSPECTS
6.5. ITALY
6.5.1. ITALY
WOOD COATINGS MARKET FORECAST & PROSPECTS
6.6. POLAND
6.6.1. POLAND
WOOD COATINGS MARKET FORECAST & PROSPECTS
6.7. REST
OF EUROPE
6.7.1. REST
OF EUROPE WOOD COATINGS MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. PPG
INDUSTRIES INC
7.1.1. OVERVIEW
7.1.2. PRODUCT
PORTFOLIO
7.1.3. KEY
STRENGTH
7.1.4. KEY
CHALLENGE
7.2. NIPPON
PAINT HOLDINGS CO LTD
7.2.1. OVERVIEW
7.2.2. PRODUCT
PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGE
7.3. ASIAN
PAINTS
7.3.1. OVERVIEW
7.3.2. PRODUCT
PORTFOLIO
7.3.3. KEY
STRENGTH
7.3.4. KEY
CHALLENGE
7.4. THE
SHERWIN-WILLIAMS COMPANY
7.4.1. OVERVIEW
7.4.2. PRODUCT
PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGE
7.5. RPM
INTERNATIONAL INC
7.5.1. OVERVIEW
7.5.2. PRODUCT
PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. DIAMOND
PAINTS
7.6.1. OVERVIEW
7.6.2. PRODUCT
PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGE
7.7. AXALTA
COATING SYSTEMS LLC
7.7.1. OVERVIEW
7.7.2. PRODUCT
PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGE
7.8. BASF
SE
7.8.1. OVERVIEW
7.8.2. PRODUCT
PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGES
7.9. KANSAI
HELIOS
7.9.1. OVERVIEW
7.9.2. PRODUCT
PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. AKZO
NOBEL NV
7.10.1. OVERVIEW
7.10.2. PRODUCT
PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE
1: EUROPE WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
TABLE
2: REGULATORY FRAMEWORK
TABLE
3: LIST OF COLLABORATIONS
TABLE
4: LIST OF PRODUCT LAUNCHES
TABLE
5: LIST OF ACQUISITIONS
TABLE
6: LIST OF BUSINESS DIVESTITURES & EXPANSIONS
TABLE
7: EUROPE WOOD COATINGS MARKET, BY RESIN TYPE, 2024-2032 (IN $ MILLION)
TABLE
8: EUROPE WOOD COATINGS MARKET, BY TECHNOLOGY, 2024-2032 (IN $ MILLION)
TABLE
9: EUROPE WOOD COATINGS MARKET, BY APPLICATION, 2024-2032 (IN $ MILLION)
TABLE
10: EUROPE WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
FIGURE
1: MARKET MATURITY ANALYSIS
FIGURE
2: SUPPLY CHAIN ANALYSIS
FIGURE
3: KEY BUYING IMPACT ANALYSIS
FIGURE
4: EUROPE WOOD COATINGS MARKET, BY RESIN TYPE, 2023 & 2032 (IN %)
FIGURE
5: EUROPE WOOD COATINGS MARKET, BY NITROCELLULOSE, 2024-2032 (IN $ MILLION)
FIGURE
6: EUROPE WOOD COATINGS MARKET, BY POLYURETHANE, 2024-2032 (IN $ MILLION)
FIGURE
7: EUROPE WOOD COATINGS MARKET, BY ACRYLIC, 2024-2032 (IN $ MILLION)
FIGURE
8: EUROPE WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2024-2032 (IN $ MILLION)
FIGURE
9: EUROPE WOOD COATINGS MARKET, BY TECHNOLOGY, 2023 & 2032 (IN %)
FIGURE
10: EUROPE WOOD COATINGS MARKET, BY UV-CURED, 2024-2032 (IN $ MILLION)
FIGURE
11: EUROPE WOOD COATINGS MARKET, BY WATER-BORNE, 2024-2032 (IN $ MILLION)
FIGURE
12: EUROPE WOOD COATINGS MARKET, BY POWDER COATINGS, 2024-2032 (IN $ MILLION)
FIGURE
13: EUROPE WOOD COATINGS MARKET, BY SOLVENT-BORNE, 2024-2032 (IN $ MILLION)
FIGURE
14: EUROPE WOOD COATINGS MARKET, BY APPLICATION, 2023 & 2032 (IN %)
FIGURE
15: EUROPE WOOD COATINGS MARKET, BY DOORS AND WINDOW, 2024-2032 (IN $ MILLION)
FIGURE
16: EUROPE WOOD COATINGS MARKET, BY FURNITURE AND FIXTURE, 2024-2032 (IN $
MILLION)
FIGURE
17: EUROPE WOOD COATINGS MARKET, BY CABINET, 2024-2032 (IN $ MILLION)
FIGURE
18: EUROPE WOOD COATINGS MARKET, BY FLOORING, 2024-2032 (IN $ MILLION)
FIGURE
19: EUROPE WOOD COATINGS MARKET, BY DECK, 2024-2032 (IN $ MILLION)
FIGURE
20: EUROPE WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE
21: UNITED KINGDOM WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
22: GERMANY WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
23: FRANCE WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
24: SPAIN WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
25: ITALY WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
26: POLAND WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE
27: REST OF EUROPE WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)