목재 코팅 시장 : 세계의 산업 규모, 점유율, 동향, 기회, 예측 - 수지 유형별, 제품 유형별, 기술별, 용도별, 지역별 & 경쟁(2021-2031년)

The Global Wood Coatings Market is projected to expand from USD 12.99 Billion in 2025 to USD 17.72 Billion by 2031, registering a compound annual growth rate of 5.31%. These specialized coatings are engineered to protect wooden substrates, including furniture, cabinetry, flooring, and decking, from environmental damage such as moisture and abrasion, while simultaneously enhancing their visual appeal. The market's growth is largely fueled by rapid urbanization and a corresponding rise in residential and commercial construction activities, which creates a demand for high-performance finishes for architectural joinery. Additionally, the continuous expansion of the furniture manufacturing sector, supported by increasing disposable incomes and a shift in consumer preference toward premium interiors, provides a strong foundation for sustained industry demand.

However, the market faces a significant obstacle due to its high sensitivity to regional economic instability and fluctuations in housing start rates. A downturn in construction output or a reduction in consumer spending on durable goods can directly restrict consumption volumes. For example, the German Paint and Printing Ink Industry Association reported that demand for furniture and wood coatings fell by 7% in 2024 due to prevailing economic weakness. This statistic highlights the industry's vulnerability to broader macroeconomic cycles, presenting a substantial barrier to consistent global growth.

Market Driver

The escalating global demand for wooden furniture and cabinetry acts as a primary catalyst for the wood coatings market. As urbanization intensifies and consumers place greater value on premium interior aesthetics, manufacturers are ramping up the production of specialized finishes that offer superior protection and visual depth for architectural woodwork. The vitality of this segment is reflected in recent corporate performance metrics; for instance, Sherwin-Williams noting in their '2023 Year-End and Fourth Quarter Financial Results' from January 2024 that the Industrial Wood business led growth within their Performance Coatings Group. Similarly, the broader industry has shown financial resilience despite economic headwinds, with AkzoNobel's 'Annual Report 2023' from February 2024 revealing a 5% revenue increase in constant currencies, driven by strong pricing power that effectively counterbalanced volume fluctuations.

Simultaneously, strict environmental regulations necessitating the adoption of low-VOC products are transforming the industry's technological landscape. Regulatory frameworks in key markets are compelling a decisive move away from traditional solvent-based formulations toward waterborne and UV-curable systems that reduce emissions without compromising durability. This transition is not merely for compliance but has become a central element of revenue generation for major manufacturers. According to PPG's '2023 Sustainability Report' released in May 2024, 44% of the company's total sales were derived from sustainably advantaged products, illustrating the significant financial impact of aligning portfolios with stringent sustainability mandates and the growing market preference for eco-friendly coating solutions.

Market Challenge

The Global Wood Coatings Market encounters a distinct hurdle arising from its inherent reliance on regional economic stability and the trajectory of the housing sector. When economic conditions deteriorate or interest rates rise, consumer confidence typically wavers, leading to the postponement of residential renovations and new property purchases. This hesitation precipitates a direct reduction in the manufacturing of essential wood-based assets such as flooring, cabinetry, and furniture, thereby throttling the volume of coatings required by original equipment manufacturers and refinishers.

This correlation between economic health and coating consumption is measurable in key production markets where manufacturing output is sensitive to fiscal pressure. According to FederlegnoArredo, the Italian wood furniture industry recorded a 5% decline in overall sales in 2024, driven by a complex domestic and export environment. Since Italy is a primary hub for furniture design and manufacturing, such a contraction in output signals a parallel decrease in the application of wood finishing products. This data illustrates how macroeconomic pressures translate into tangible volume losses for the coatings industry, limiting growth potential during periods of financial uncertainty.

Market Trends

The development of bio-based and renewable resin feedstocks represents a fundamental shift in formulation strategies as manufacturers seek to decouple production from fossil fuel dependency. This trend involves integrating plant-derived components into high-performance coatings, ensuring that sustainability does not compromise durability or aesthetic quality. These renewable formulations are increasingly verified through rigorous standards to validate their environmental claims and carbon footprint reductions. For instance, according to AkzoNobel's press release in February 2025 titled 'AkzoNobel introduces new wood coating with 20% bio-based content', the company successfully launched a waterborne finish containing 20% bio-based raw materials, confirmed via carbon-14 analysis, which maintains the robust weather resistance required for exterior joinery.

Concurrently, advancements in powder coating systems for heat-sensitive wood are overcoming historical thermal limitations, enabling the finishing of substrates like medium-density fiberboard (MDF) and natural timber. Innovations in low-cure and UV-cure powder technologies now allow these heat-sensitive materials to be processed without warping, offering a seamless, durable finish that eliminates edge-banding requirements. This technology also enhances operational efficiency by maximizing material utilization in the application process. According to IGP Pulvertechnik's 'IGP-RAPID Days 2025' announcement in July 2025, the company's latest powder coating systems for wood allow for the recovery of 90% of excess powder during application, drastically reducing waste compared to conventional liquid alternatives.

Key Market Players

• Akzonobel N.V.
• BASF SE
• The Sherwin-Williams Company
• RPM International Inc.
• The Valspar Corporation
• Ashland Inc.
• Arkema SA
• Nippon Paint Co. Ltd.
• The Dow Chemical Company
• Hempel A/S

Report Scope

In this report, the Global Wood Coatings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Wood Coatings Market, By Resin Type

• Acrylic
• Polyurethane
• Melamine-formaldehyde
• Nitrocellulose and Others

Wood Coatings Market, By Product Type

• Stains & Varnishes
• Lacquers
• Shellacs and Others

Wood Coatings Market, By Technology

• Water-Based
• Oil-Based
• Solvent-based and Others

Wood Coatings Market, By Application

• Furniture
• Side & Decks
• Cabinets and Others

Wood Coatings Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Wood Coatings Market.

Available Customizations:

Global Wood Coatings Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Wood Coatings Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Resin Type (Acrylic, Polyurethane, Melamine-formaldehyde, Nitrocellulose and Others)
  • 5.2.2. By Product Type (Stains & Varnishes, Lacquers, Shellacs and Others)
  • 5.2.3. By Technology (Water-Based, Oil-Based, Solvent-based and Others)
  • 5.2.4. By Application (Furniture, Side & Decks, Cabinets and Others)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Wood Coatings Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Resin Type
  • 6.2.2. By Product Type
  • 6.2.3. By Technology
  • 6.2.4. By Application
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Wood Coatings Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Resin Type
      • 6.3.1.2.2. By Product Type
      • 6.3.1.2.3. By Technology
      • 6.3.1.2.4. By Application
  • 6.3.2. Canada Wood Coatings Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Resin Type
      • 6.3.2.2.2. By Product Type
      • 6.3.2.2.3. By Technology
      • 6.3.2.2.4. By Application
  • 6.3.3. Mexico Wood Coatings Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Resin Type
      • 6.3.3.2.2. By Product Type
      • 6.3.3.2.3. By Technology
      • 6.3.3.2.4. By Application

7. Europe Wood Coatings Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Resin Type
  • 7.2.2. By Product Type
  • 7.2.3. By Technology
  • 7.2.4. By Application
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Wood Coatings Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Resin Type
      • 7.3.1.2.2. By Product Type
      • 7.3.1.2.3. By Technology
      • 7.3.1.2.4. By Application
  • 7.3.2. France Wood Coatings Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Resin Type
      • 7.3.2.2.2. By Product Type
      • 7.3.2.2.3. By Technology
      • 7.3.2.2.4. By Application
  • 7.3.3. United Kingdom Wood Coatings Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Resin Type
      • 7.3.3.2.2. By Product Type
      • 7.3.3.2.3. By Technology
      • 7.3.3.2.4. By Application
  • 7.3.4. Italy Wood Coatings Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Resin Type
      • 7.3.4.2.2. By Product Type
      • 7.3.4.2.3. By Technology
      • 7.3.4.2.4. By Application
  • 7.3.5. Spain Wood Coatings Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Resin Type
      • 7.3.5.2.2. By Product Type
      • 7.3.5.2.3. By Technology
      • 7.3.5.2.4. By Application

8. Asia Pacific Wood Coatings Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Resin Type
  • 8.2.2. By Product Type
  • 8.2.3. By Technology
  • 8.2.4. By Application
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Wood Coatings Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Resin Type
      • 8.3.1.2.2. By Product Type
      • 8.3.1.2.3. By Technology
      • 8.3.1.2.4. By Application
  • 8.3.2. India Wood Coatings Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Resin Type
      • 8.3.2.2.2. By Product Type
      • 8.3.2.2.3. By Technology
      • 8.3.2.2.4. By Application
  • 8.3.3. Japan Wood Coatings Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Resin Type
      • 8.3.3.2.2. By Product Type
      • 8.3.3.2.3. By Technology
      • 8.3.3.2.4. By Application
  • 8.3.4. South Korea Wood Coatings Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Resin Type
      • 8.3.4.2.2. By Product Type
      • 8.3.4.2.3. By Technology
      • 8.3.4.2.4. By Application
  • 8.3.5. Australia Wood Coatings Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Resin Type
      • 8.3.5.2.2. By Product Type
      • 8.3.5.2.3. By Technology
      • 8.3.5.2.4. By Application

9. Middle East & Africa Wood Coatings Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Resin Type
  • 9.2.2. By Product Type
  • 9.2.3. By Technology
  • 9.2.4. By Application
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Wood Coatings Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Resin Type
      • 9.3.1.2.2. By Product Type
      • 9.3.1.2.3. By Technology
      • 9.3.1.2.4. By Application
  • 9.3.2. UAE Wood Coatings Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Resin Type
      • 9.3.2.2.2. By Product Type
      • 9.3.2.2.3. By Technology
      • 9.3.2.2.4. By Application
  • 9.3.3. South Africa Wood Coatings Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Resin Type
      • 9.3.3.2.2. By Product Type
      • 9.3.3.2.3. By Technology
      • 9.3.3.2.4. By Application

10. South America Wood Coatings Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Resin Type
  • 10.2.2. By Product Type
  • 10.2.3. By Technology
  • 10.2.4. By Application
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Wood Coatings Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Resin Type
      • 10.3.1.2.2. By Product Type
      • 10.3.1.2.3. By Technology
      • 10.3.1.2.4. By Application
  • 10.3.2. Colombia Wood Coatings Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Resin Type
      • 10.3.2.2.2. By Product Type
      • 10.3.2.2.3. By Technology
      • 10.3.2.2.4. By Application
  • 10.3.3. Argentina Wood Coatings Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Resin Type
      • 10.3.3.2.2. By Product Type
      • 10.3.3.2.3. By Technology
      • 10.3.3.2.4. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Wood Coatings Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Akzonobel N.V.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. BASF SE
• 15.3. The Sherwin-Williams Company
• 15.4. RPM International Inc.
• 15.5. The Valspar Corporation
• 15.6. Ashland Inc.
• 15.7. Arkema SA
• 15.8. Nippon Paint Co. Ltd.
• 15.9. The Dow Chemical Company
• 15.10. Hempel A/S

16. Strategic Recommendations

17. About Us & Disclaimer