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November 6, 2015
By: Catherine Diamon
TechNavio’s analysts forecast the wood coatings market in Europe to grow at a CAGR of 5.71% over the period 2014-2019. Coatings used on wooden substrates are commonly called wood coatings. Wood coatings may be formulated using various types of resins such as acrylic, amino, polyester, polyurethane, and nitrocellulose. However, the market may be broadly classified into four based on coating technologies: solvent-borne, water-borne, radiation-cure, and powder coatings. Wood coatings are used on furniture, decking, flooring, and joinery. This report covers the present scenario and the growth prospects of the wood coatings market in Europe for the period 2015-2019. To arrive at a ranking of the leading vendors of the market, and to calculate the market size, the report considers the revenue generated through the sales of wood coatings by vendors. It also presents the vendor landscape and a corresponding detailed analysis of the seven vendors in the wood coatings market in Europe. The report also provides data on the different segments of the market, which are based on the following criteria: technology (solvent-borne, water-borne, radiation-cure, and powder coatings) and applications (furniture, decking, joinery, siding, flooring, and other applications such as fencing, flat panels, and MDF). The scope of the report covers both the residential and non-residential end-users, products for DIY and professional use, and products for maintenance and repair. Radiation-cure wood coatings include UV-cure wood coatings and powder UV coatings. The report excludes wood preservatives. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market. Technavio’s report, Wood Coatings Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. More information can be found here: https://www.reportbuyer.com/product/3112477/wood-coatings-market-in-europe-2015-2019.html.
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