Wood Coating Resins - Global Strategic Business Report

Global Wood Coating Resins Market to Reach $6.9 Billion by 2030

The global market for Wood Coating Resins estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030. Water-Borne, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solvent-Borne segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.1% CAGR

The Wood Coating Resins market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 43 Featured) -

• Allnex
• Arkema Group
• Dynea
• Helios Group
• Ivm Group
• Nuplex
• Polynt
• Royal DSM
• Sirca SPA
• Synthopol Chemie

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