목재 코팅 시장 규모, 점유율, 성장 분석 : 유형별, 기술별, 수지 유형별, 용도별, 지역별 - 산업 예측(2025-2032년)

Wood Coatings Market size was valued at USD 11.43 billion in 2023 and is poised to grow from USD 11.91 billion in 2024 to USD 16.55 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).

The global wood coatings market is experiencing robust growth driven by increasing demand for home furnishings and a heightened consumer focus on aesthetics. As population and housing market dynamics evolve, the need for furniture-including beds, chairs, and tables-grows, complementing the rising interest in interior design across residential and commercial spaces. Consumers are investing in visually appealing and functional furniture, underscoring the need for high-quality wood treatments that enhance durability and design. Concurrently, there is a significant shift towards eco-friendly products, prompting manufacturers to innovate with low VOC and non-toxic formulas. For instance, Synthos unveiled its bio-based acrylic dispersion, SYNEXIL AW90CX, showcasing a commitment to sustainability and addressing consumer concerns. These trends are pivotal to shaping the market's trajectory in alignment with global environmental objectives.

Top-down and bottom-up approaches were used to estimate and validate the size of the Wood Coatings market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Wood Coatings Market Segments Analysis

Global Wood Coatings Market is segmented by Type, Technology, Resin Type, Application and region. Based on Type, the market is segmented into Stains & Varnishes, Shellac, Wood Preservatives, Water Repellents and Other Types. Based on Technology, the market is segmented into Solventborne, Waterborne, Powder-Based and Other Technologies. Based on Resin Type, the market is segmented into Polyurethane, Acrylic, EPOΧΥ, Alkyd and Other Resin Types. Based on Application, the market is segmented into Furniture, Cabinets, Sidings, Flooring & Decks and Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Wood Coatings Market

The primary catalyst for the global wood coatings market is the escalating demand for visually appealing and functional furniture. This surge is largely influenced by rapid urbanization and rising disposable incomes, prompting consumers to prioritize high-quality home and business furnishings. Additionally, there is a significant uptick in the demand for wood treatments aimed at enhancing the beauty and durability of furniture, spurred by a revitalized housing market and a heightened emphasis on interior design and aesthetics. As more individuals seek to create inviting spaces, the wood coatings industry continues to thrive, adapting to changing consumer preferences and market dynamics.

Restraints in the Wood Coatings Market

While eco-friendly wood coatings are gaining traction in the market, one significant drawback is their higher cost compared to conventional coatings. The production of bio-based and low-VOC coatings necessitates the use of advanced ingredients and technologies, making them less affordable for price-sensitive customers. This cost disparity limits the broader adoption of sustainable wood treatments, particularly in developing nations where consumers are more budget-conscious and prioritize lower-priced alternatives. As a result, despite a growing interest in environmentally friendly options, the high pricing remains a major obstacle for widespread acceptance and implementation in various markets.

Market Trends of the Wood Coatings Market

The Wood Coatings market is witnessing a significant trend towards the adoption of water-borne coatings, driven by heightened safety standards, reduced odor, and lower volatile organic compound (VOC) emissions. As consumers increasingly prioritize eco-friendly products due to stringent regulations, the demand for these sustainable solutions has surged. Innovations in formulation technology have further enhanced the performance and durability of water-borne coatings, making them a preferred choice for both residential and industrial applications. This trend reflects a broader shift towards environmentally responsible practices in the wood coatings industry, positioning water-borne options as a compelling alternative in the market landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement

Global Wood Coatings Market Size by Type & CAGR (2025-2032)

• Market Overview
• Stains & Varnishes
• Shellac
• Wood Preservatives
• Water Repellents
• Other Types

Global Wood Coatings Market Size by Technology & CAGR (2025-2032)

• Market Overview
• Solventborne
• Waterborne
• Powder-Based
• Other Technologies

Global Wood Coatings Market Size by Resin Type & CAGR (2025-2032)

• Market Overview
• Polyurethane
• Acrylic
• EPOΧΥ
• Alkyd
• Other Resin Types

Global Wood Coatings Market Size by Application & CAGR (2025-2032)

• Market Overview
• Furniture
• Cabinets
• Sidings
• Flooring & Decks
• Other Applications

Global Wood Coatings Market Size & CAGR (2025-2032)

• North America (Type, Technology, Resin Type, Application)
  • US
  • Canada
• Europe (Type, Technology, Resin Type, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Technology, Resin Type, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Technology, Resin Type, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Technology, Resin Type, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• PPG Industries, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Sherwin-Williams Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Akzo Nobel N.V. (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Paint Holdings Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• RPM International Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Axalta Coating Systems, LLC (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asian Paints Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kansai Paint Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Masco Corporation (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jotun (Norway)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hempel A/S (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Benjamin Moore & Co. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SKSHU Paint Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Berger Paints India Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DAW SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KCC Corporation (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ICP Group (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Noroo Paint & Coatings Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Beckers Group (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations