Wood Coating Resins Market by Resin Type (Polyurethane, Acrylic, Epoxy, Alkyd, Nitrocellulose, Polyester), Technology (Solventborne, Reactive, Dispersion), End User (Furniture, Cabinets, Doors and Windows, Flooring) - Global Forecast to 2021

  • ID: 3947426
  • Report
  • Region: Global
  • 128 Pages
  • Markets and Markets
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The Global Wood Coating Resins Market is Projected to Reach USD 4.24 Billion By 2021, at a CAGR of 5.39% from 2016 to 2021

FEATURED COMPANIES

  • Allnex
  • Arkema Group
  • Dynea
  • Helios Group
  • Ivm Group
  • Nuplex
  • MORE

“Global wood coating resins market to register a CAGR of 5.39% between 2016 and 2021”

Increase in the availability of green, environment friendly, healthier coating systems, more durable coating resins providing better performance and better aesthetics, growing demand for water borne and solvent free coating resins, VOC regulations driving the demand for water borne coating resins, growing end-use industries, are expected to drive the global wood coating resins market during the next five years.  The major restraining factors in the global wood coating resins market are the higher price levels of water borne coatings as compared to the solvent borne counterparts, higher consumption of solvent borne coatings that do not comply with VOC regulations, inclination of furniture manufacturers towards the use of particle boards and other metal products.

“Polyurethane is the major resin driving the wood coating resins market”

Polyurethane wood coatings have excellent versatility and exceptional chemical and physical resistance. They produce hard surface topcoats with excellent results. PU-based wood coatings strengthen the properties of wood-based substrates - providing color and protection. Polyurethane based wood coatings offer numerous high-performance properties such as, long-lasting surface finish, superior chemical, solvent and scratch resistance, resistance to UV light damage, general wear-and-tear, and extreme temperature variations, is quick drying, has excellent sanding, multi-coat, rubbed, or buffed finish applications.

“Rising demand in Asia-Pacific is the major driver of the wood coating resins market“

The Asia-Pacific region is the fastest-growing segment of the global wood coating resins market. The increase in the middle-class population, rising disposable incomes, and demand from end-use industries are expected to fuel the demand, thus driving the market in the region.

Breakup of primary interviews:

  • By Company Type - Tier 1 - 46%, Tier 2 - 27%, and Others - 27%
  • By Designation - C level - 36%, D level - 18%, and Others - 46%
  • By Region - North America - 36%, Europe - 36%, Asia-Pacific - 18%, Rest of the World - 10%

The key companies profiled in this report are Arkema S.A. (France), Nuplex Industries Limited (Australia), Koninklijke DSM N.V. (Netherlands), Allnex S.à.r.l. (Germany), Synthopol Chemie Dr. rer. pol. Koch GmbH & Co. KG (Germany), Dynea AS (Norway), Polynt Spa (Italy), Sirca Spa (Italy), IVM Group (Italy), and Helios Group (Slovenia).

Research Coverage

The wood coating resins market report covers four different segmentations which include market by resin type (polyurethane, acrylic, epoxy, alkyd, nitrocellulose, polyester, and others), market by technology (solvent borne, high-solids, radiation curable, water borne, and powder based), market by end-use industries (furniture, cabinets, doors & windows, flooring, decoration, and others), and market by four different regions along with the countries.

Reasons to buy the Report

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the global wood coating resins market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on wood coating resins offered by the top players in the global wood coating resins market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the wood coating resins market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for wood coating resins across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global wood coating resins market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global wood coating resins market
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FEATURED COMPANIES

  • Allnex
  • Arkema Group
  • Dynea
  • Helios Group
  • Ivm Group
  • Nuplex
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Currency And Pricing
1.3 Market Definition
1.4 Market Scope
1.4.1 Markets Covered
1.4.2 Years Considered for the Study
1.4.3 Stakeholders

2 Research Methodology
2.1 Wood Coating Resin Market Research Data
2.1.1 Key Data from Secondary Sources
2.1.2 Key Data from Primary Sources
2.1.3 Breakdown of Primary Interviews
2.1.4 Key Industry Insights
2.2 Wood Coating Resin Market: Research Design
2.3 Market Size Estimation: Top-Down Approach
2.4 Market Size Estimation: Bottom Up Approach
2.5 Data Triangulation
2.6 Assumptions

3 Executive Summary
3.1 Key Findings

4 Premium Insights
4.1 Opportunities in the Wood Coating Resin Market
4.2 Wood Coating Resin Market, By Technology
4.3 Wood Coating Resin Market, By Resin Type
4.4 Wood Coating Resin Market Growth, By End Users
4.5 High Growth Potential in Asia Pacific & Middle East Wood Coating Resin Market, 2016-2021

5 Wood Coating Resin Market Overview
5.1 Market Dynamics
Drivers
Restraints
Opportunities
Challenges
6 Wood Coating Resin Industry Trends
6.1 Value Chain of Wood Coating Resin
6.2 Porter’S Five Forces Analysis of the Wood Coating Resin Market

7 Wood Coating Resin Market, By Resin Type
7.1 Polyurethane Wood Coating Resin Market
7.2 Acrylic Wood Coating Resin Market
7.3 Epoxy Wood Coating Resin Market
7.4 Alkyd Wood Coating Resin Market
7.5 Nitrocelluslose Wood Coating Resin Market
7.6 Polyester Wood Coating Resin Market
7.7 Other Wood Coating Resin Market

8 Wood Coating Resin Market, By Technology
8.1 Solvent Borne Wood Coating Resin Market
8.2 High-Solids Wood Coating Resin Market
8.3 Radiation Curable Wood Coating Resin Market
8.4 Water Borne Wood Coating Resin Market
8.5 Powder Based Wood Coating Resin Market

9 Wood Coating Resin Market, By End User
9.1 Wood Coating Resin Market By Furniture
9.2 Wood Coating Resin Market By Cabinets
9.3 Wood Coating Resin Market By Doors And Windows
9.4 Wood Coating Resin Market By Flooring
9.5 Wood Coating Resin Market By Decoration
9.6 Wood Coating Resin Market By Other End Users

10 Wood Coating Resin Market, Regional
10.1 Global Wood Coating Resin Market

11 North America: Wood Coating Resin Market
11.1 North America: Wood Coating Resin Market, By Country
11.2 North America: Wood Coating Resin Market, By Resin Type
11.3 North America: Wood Coating Resin Market, By Technology
11.4 North America: Wood Coating Resin Market, By End User

12 Europe: Wood Coating Resin Market
12.1 Europe: Wood Coating Resin Market, By Country
12.2 Europe: Wood Coating Resin Market, By Resin Type
12.3 Europe: Wood Coating Resin Market, By Technology
12.4 Europe: Wood Coating Resin Market, By End User

13 Asia-Pacific: Wood Coating Resin Market
13.1 Asia-Pacific: Wood Coating Resin Market, By Country
13.2 Asia-Pacific: Wood Coating Resin Market, By Resin Type
13.3 Asia-Pacific: Wood Coating Resin Market, By Technology
13.4 Asia-Pacific: Wood Coating Resin Market, By End User

14 Rest of the World: Wood Coating Resin Market
14.1 Rest of the World: Wood Coating Resin Market, By Country
14.2 Rest of the World: Wood Coating Resin Market, By Resin Type
14.3 Rest of the World: Wood Coating Resin Market, By Technology
14.4 Rest of the World: Wood Coating Resin Market, By End User

15 Competitive Landscape Wood Coating Resin Market
15.1 Introduction
15.2 Wood Coating Resin Market, Key Growth Strategies
15.3 Wood Coating Resin Market, Major Developments
15.4 Wood Coating Resin Market: Key Developments, By Company
15.5 Wood Coating Resin Market: Major Developments, By Region

16 Company Profiles Wood Coating Resin Market
16.1 Allnex
16.2 Arkema Group
16.3 Dynea
16.4 Helios Group
16.5 Ivm Group 

16.6 Nuplex
16.7 Polynt
16. 8 Royal Dsm
16.9 Sirca Spa
16.10 Synthopol Chemie

17 Appendix
17.1 Discussion Guide
17.2 Knowledge Store: Subscription Portal
17.3 Introducing Rt: Real Time Market Intelligence
17.4 Related Reports 

List of Tables:
Table 1 Wood Coating Resin Market Snapshot 2016 Vs. 2021
Table 2 Polyurethane Wood Coating Resin Market Size, By Region, 2014-2021
Table 3 Polyurethane Wood Coating Resin Market Size, By Region,2014-2021 (USD Million)
Table 4 Acrylic Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 5 Acrylic Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 6 Epoxy Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 7 Epoxy Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 8 Alkyd Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 9 Alkyd Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 10 Nitrocellulose Coating Resin Market Size, By Region,2014-2021 (Kiloton)
Table 11 Nitrocellulose Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 12 Polyester Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 13 Polyester Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 14 Other Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 15 Other Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 16 Solvent Borne Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 17 Solvent Borne Wood Coating Resin Market Size, By Region,2014-2021 (USD Million)
Table 18 High-Solids Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 19 High-Solids Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 20 Radiation Curable Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 21 Radiation Curable Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 22 Water Borne Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 23 Water Borne Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 24 Powder Based Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 25 Powder Based Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 26 Wood Coating Resin Market Size in Furniture, By Region, 2014-2021 (Kiloton)
Table 27 Wood Coating Resin Market Size in Furniture, By Region, 2014-2021 (USD Million)
Table 28 Wood Coating Resin Market Size in Cabinets, By Region, 2014-2021 (Kiloton)
Table 29 Wood Coating Resin Market Size in Cabinets, By Region, 2014-2021 (USD Million)
Table 30 Wood Coating Resin Market Size in Doors And Windows, By Region, 2014-2021 (Kiloton)
Table 31 Wood Coating Resin Market Size in Doors And Windows, By Region, 2014-2021 (USD Million)
Table 32 Wood Coating Resin Market Size in Flooring, By Region, 2014-2021 (Kiloton)
Table 33 Wood Coating Resin Market Size in Flooring, By Region, 2014-2021 (USD Million)
Table 34 Wood Coating Resin Market Size in Decoration, By Region, 2014-2021 (Kiloton)
Table 35 Wood Coating Resin Market Size in Decoration, By Region, 2014-2021 (USD Million)
Table 36 Wood Coating Resin Market Size in Other End Users, By Region, 2014-2021 (Kiloton)
Table 37 Wood Coating Resin Market Size in Other End Users, By Region, 2014-2021 (USD Million)
Table 38 Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Table 39 Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Table 40 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 41 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 42 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 43 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 44 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 45 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 46 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 47 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 48 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 49 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 50 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 51 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 52 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 53 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 54 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 55 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 56 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 57 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 58 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 59 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 60 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 61 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 62 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 63 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 64 Row: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 65 Row: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 66 Row: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 67 Row: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 68 Row: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 69 Row: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 70 Row: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Table 71 Row: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Table 72 Wood Coating Market: Key Developments, By Company (2013-2016)

List of Figures:
Figure 1 Wood Coating Resin Market Segmentation, By Region & Countries
Figure 2 Water Borne Wood Coating Resin to Dominate During The Forecast Period
Figure 3 Asia-Pacific Projected to Register Highest CAGR During The Forecast Period
Figure 4 Market in Developing Countries to Witness Rapid Growth During The Forecast Period
Figure 5 ""Growing Demand from Furniture Industry Drives the Market
Figure 6 Water Borne the Most Preffered Technology for The Wood Coating Resin Market Between 2016 And 2
Figure 7 Polyurethane the Most Preffered Resin for the Wood Coating Resin Market Between 2016 And 2
Figure 8 Furniture to Be the Dominant End User in the Wood Coating Resin Market, 2016-2
Figure 9 Developing Economies Show Higher Market Potential
Figure 10 Polyurethane Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 11 Polyurethane Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 12 ""Acrylic Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 13 ""Acrylic Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 14 Epoxy Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 15 ""Epoxy Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 16 ""Alkyd Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 17 ""Alkyd Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 18 ""Nitrocellulose Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 19 ""Nitrocellulose Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 20 Polyester Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 21 Polyester Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 22 Other Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 23 Other Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 24 Solvent Borne Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 25 Solvent Borne Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 26 High-Solidswood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 27 High-Solids Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 28 Radiation Curable Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 29 Radiation Curable Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 30 Water Borne Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 31 Water Borne Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 32 Powder Based Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 33 Powder Based Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 34 Wood Coating Resin Market Size in Furniture, By Region, 2014-2021 (Kiloton)
Figure 35 Wood Coating Resin Market Size in Furniture, By Region, 2014-2021 (USD Million)
Figure 36 Wood Coating Resin Market Size in Cabinets, By Region, 2014-2021 (Kiloton)
Figure 37 Wood Coating Resin Market Size in Cabinets, By Region, 2014-2021 (USD Million)
Figure 38 Wood Coating Resin Market Size in Doors And Windows, 2014-2021 (Kiloton)
Figure 39 Wood Coating Resin Market Size in Doors And Windows, 2014-2021 (USD Million)
Figure 40 Wood Coating Resin Market Size in Flooring, By Region, 2014-2021 (Kiloton)
Figure 41 Wood Coating Resin Market Size in Flooring, By Region, 2014-2021 (USD Million)
Figure 42 Wood Coating Resin Market Size in Decoration, By Region, 2014-2021 (Kiloton)
Figure 43 Wood Coating Resin Market Size in Decoration, By Region, 2014-2021 (USD Million)
Figure 44 Wood Coating Resin Market Size in Other End Users, By Region, 2014-2021 (Kiloton)
Figure 45 Wood Coating Resin Market Size in Other End Users, By Region, 2014-2021 (USD Million)
Figure 46 Wood Coating Resin Market Size, By Region, 2014-2021 (Kiloton)
Figure 47 Wood Coating Resin Market Size, By Region, 2014-2021 (USD Million)
Figure 48 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 49 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 50 North America: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (Kiloton)
Figure 51 North America: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (USD Million)
Figure 52 North America: Wood Coating Resin Market Size, By Technology, 2014-2021 (Kiloton)
Figure 53 North America: Wood Coating Resin Market Size, By Technology, 2014-2021 (USD Million)
Figure 54 North America: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 55 North America: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 56 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 57 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 58 Europe: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (Kiloton)
Figure 59 Europe: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (USD Million)
Figure 60 Europe: Wood Coating Resin Market Size, By Technology, 2014-2021 (Kiloton)
Figure 61 Europe: Wood Coating Resin Market Size, By Technology, 2014-2021 (USD Million)
Figure 62 Europe: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 63 Europe: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 64 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 65 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 66 Asia - Pacific: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (Kiloton)
Figure 67 Asia - Pacific: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (USD Million)
Figure 68 Asia - Pacific: Wood Coating Resin Market Size, By Technology, 2014-2021 (Kiloton)
Figure 69 Asia - Pacific: Wood Coating Resin Market Size, By Technology, 2014-2021 (USD Million)
Figure 70 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (Kiloton)
Figure 71 Asia - Pacific: Wood Coating Resin Market Size, 2014-2021 (USD Million)
Figure 72 Row: Wood Coating Resin Market Size, By Country, 2014-2021 (Kiloton)
Figure 73 Row: Wood Coating Resin Market Size, By Country, 2014-2021 (USD Million)
Figure 74 Row: Wood Coating Resin Market Size, By Technology, 2014-2021 (Kiloton)
Figure 75 Row: Wood Coating Resin Market Size, By Technology, 2014-2021 (USD Million)
Figure 76 Row: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (Kiloton)
Figure 77 Row: Wood Coating Resin Market Size, By Resin Type, 2014-2021 (USD Million)
Figure 78 Row: Wood Coating Resin Market Size, By End User, 2014-2021 (Kiloton)
Figure 79 Row: Wood Coating Resin Market Size, By End User, 2014-2021 (USD Million)
Figure 80 Wood Coating Market, By Growth Strategies (2013-2016)
Figure 81 Wood Coating Market, Major Developments (2013-2016)
Figure 82 Wood Coating Resin Market: Major Developments, By Region (2012-2016)
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FEATURED COMPANIES

  • Allnex
  • Arkema Group
  • Dynea
  • Helios Group
  • Ivm Group
  • Nuplex
  • MORE

The global wood coating resins market is projected to reach USD 4.24 Billion by 2021, at a CAGR of 5.39% from 2016 to 2021. Growth in the demand for water borne and solvent free coating resins is driving the global wood coating resins market. Rising demand from end-use industries in the developed and emerging countries has led to the growth of the global wood coating resins market.

In 2015, the furniture application segment accounted for the largest market share, in terms of volume, followed by cabinets, doors & windows, flooring, decoration, and other applications. The rising demand for new product innovation, as well as the need for research and development in wood coating resins has encouraged companies to adopt organic and inorganic growth strategies.

Water borne is currently the leading technology used in the wood coating resins market. This technology is preferred by many major end-use industries for different applications, due to its excellent performance properties such as chemical resistance, block and print resistance, and hardness.

The Asia-Pacific region is expected to witness the highest growth rate in the wood coating resins market, in terms of value and volume, from 2016 to 2021. In recent years, the demand for furniture has increased in the region due to the increasing population and rising disposable incomes, thus driving the need for wood coating resins in the region, as also, the increasing demand for commercial spaces such as offices, auditoriums, and shopping malls, among others.

Higher price levels of water borne coatings as compared to the solvent borne counterparts, higher consumption of solvent borne coatings that are not compliant with the VOC regulations, the inclination of furniture manufacturers towards the use of particle boards and other metal products for the manufacture of furniture, are the factors restraining the global wood coating resins market.

Companies such as Arkema S.A. (France), Nuplex Industries Limited (Australia), Koninklijke DSM N.V. (Netherlands), Allnex S.à.r.l. (Germany), Synthopol Chemie Dr. rer. pol. Koch GmbH & Co. KG (Germany), Dynea AS (Norway), Polynt Spa (Italy), Sirca Spa (Italy), IVM Group (Italy), and Helios Group (Slovenia) are the key players in the global wood coating resins market. Diverse product portfolios, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements, are some of the factors that strengthen the positions of these companies in the global wood coating resins market. These companies have been adopting various organic and inorganic growth strategies to strengthen their positions in the global wood coating resins market.

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  • Allnex
  • Arkema Group
  • Dynea
  • Helios Group
  • Ivm Group
  • Nuplex
  • Polynt
  • Royal Dsm
  • Sirca Spa
  • Synthopol Chemie
Note: Product cover images may vary from those shown
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