Furniture Wood Coatings Market Records a CAGR of 5.88% during 2021-2025|Impact Analysis of COVID-19|Technavio

NEW YORK, Sept. 13, 2021 /PRNewswire/ — The furniture wood coatings market is poised to grow by USD 1.66 billion during…

NEW YORK, Sept. 13, 2021 /PRNewswire/ — The furniture wood coatings market is poised to grow by USD 1.66 billion during 2021-2025, progressing at a CAGR of 5.88% during the forecast period.  The report on the furniture wood coatings market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

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The market is driven by increased demand for applications on medium-density fiber products, expeditious growth in the wooden furniture market in APAC, and stringent government regulations to reduce harmful emissions. However, volatility in raw material prices and increasing concern about wood logging will hinder the market’s growth during the forecast period.

The furniture wood coatings market analysis includes Technology and Geographic Outlook segments. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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The furniture wood coatings market covers the following areas:

Furniture Wood Coatings Market Sizing

Furniture Wood Coatings Market Forecast

Furniture Wood Coatings Market Analysis

Companies Mentioned

  • Akzo Nobel NV
  • Arkema SA
  • Ashland Global Holdings Inc.
  • Asian Paints Ltd.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Jotun AS
  • PPG Industries Inc.
  • RPM International Inc.
  • The Sherwin-Williams Co.

Related Reports:

Paints and Coatings Market by Resin Type, Technology, Application, and Geography – Forecast and Analysis 2020-2024

Water-borne Wood Coatings Market by Application and Geography – Forecast and Analysis 2020-2024

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Solvent-borne – Market size and forecast 2020-2025
  • Water-borne – Market size and forecast 2020-2025
  • Radiation-cured – Market size and forecast 2020-2025
  • Powder coating – Market size and forecast 2020-2025
  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Akzo Nobel NV
  • Arkema SA
  • Ashland Global Holdings Inc.
  • Asian Paints Ltd.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Jotun AS
  • PPG Industries Inc.
  • RPM International Inc.
  • The Sherwin-Williams Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Report: https://www.technavio.com/report/furniture-wood-coatings-market-industry-analysis

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