글로벌 목재 코팅 시장 – 2031년까지의 산업 동향 및 예측

목재 코팅 시장 분석 및 규모

목재 코팅 시장은 나노기술 및 바이오 기반 코팅과 같은 혁신을 통해 발전하고 있습니다. 최신 방법은 친환경 솔루션을 위한 UV 경화 및 수성 기술에 중점을 둡니다. 건설 및 가구 부문의 수요 증가가 성장을 촉진합니다. 통찰력은 엄격한 규정과 고성능, 친환경 제품에 대한 소비자 선호도에 의해 지속 가능하고 내구성 있는 코팅으로의 전환을 보여줍니다.

글로벌 목재 코팅 시장 규모는 2023년에 24억 1천만 달러로 평가되었으며, 2031년까지 46억 6천만 달러에 도달할 것으로 예상되며, 2024년부터 2031년까지의 예측 기간 동안 CAGR은 8.60%입니다. Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 대표되는 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요의 적자 분석이 포함됩니다.

보고 범위 및 시장 세분화

시장 정의

목재 코팅은 내구성과 외관을 향상시키기 위해 목재 표면에 적용되는 보호 및 장식 마감재입니다. 여기에는 목재를 습기, 자외선 및 마모로부터 보호하는 바니시, 스테인, 래커 및 페인트가 포함됩니다. 목재 코팅은 수성 또는 용제 기반일 수 있으며 무광에서 광택까지 다양한 마감을 제공하며 가구, 바닥 및 건설에 사용됩니다.

목재 코팅 시장 동향

운전자

• 성장하는 건설 산업

성장하는 건설 산업은 가구, 바닥재, 데크와 같은 다양한 응용 분야에서 목재 코팅에 대한 수요를 크게 증가시킵니다. 주거 및 상업 건설 프로젝트가 전 세계적으로 확장됨에 따라 내구성과 미학을 향상시키기 위한 고품질 목재 마감재에 대한 필요성도 함께 증가하고 있습니다. 예를 들어, 전 세계적으로 고층 아파트 단지와 상업용 사무실 공간의 급증은 보호와 시각적 매력을 모두 제공하는 목재 코팅에 대한 수요를 촉진하여 시장 성장을 촉진합니다.

• 고내구성 코팅에 대한 수요

내구성이 뛰어난 코팅에 대한 수요는 긁힘, 얼룩, 자외선에 강한 제품에 대한 소비자 선호도에 의해 강화됩니다. 예를 들어, 가구 산업에서는 수명을 늘리고 시간이 지나도 미학을 유지하는 코팅을 사용하는 추세가 커지고 있습니다. 이러한 추세는 품질에 대한 소비자의 기대를 충족할 뿐만 아니라 가구에서 야외 데크에 이르기까지 다양한 응용 분야에서 오래 지속되는 보호에 대한 필요성을 충족시켜 시장 성장을 촉진합니다.

기회

• 응용 장비의 기술적 발전

Technological advancements in wood coatings application equipment, such as high-precision spraying systems and robotic applicators, significantly enhance operational efficiency and coating quality. For instance, automated spray guns equipped with precise control systems ensure uniform application, reducing wastage and improving finish consistency. These innovations not only streamline production processes but also meet the growing demand for high-performance coatings in diverse applications and waterproof coating for wood, thereby driving market growth for wood coatings globally.

• Growth in E-commerce

The growth of e-commerce is transforming the wood coatings market by enhancing accessibility and global reach. Online platforms enable consumers worldwide to easily access a wide range of wood coatings, fostering market expansion. For instance, major retailers such as Amazon and specialized e-commerce platforms offer a variety of wood coatings, from premium brands to eco-friendly options, catering to diverse consumer preferences and driving significant market growth through convenient online purchasing channels.

 Restraints/Challenges

• High Cost of Raw Materials

Fluctuations in the prices of raw materials, such as resins, pigments, and additives, significantly impact the overall cost structure of wood coatings. This volatility hinders the market by affecting profit margins and complicating pricing strategies for manufacturers. The unpredictable nature of raw material costs creates financial instability and challenges in maintaining competitive pricing, thus posing a major restraint to market growth and sustainability.

• Availability of Substitute Materials

Substitute materials such as composites, plastics, and metals pose a significant threat to the wood coatings market. These alternatives often require different coating technologies and offer properties that directly compete with traditional wood products. As these materials gain popularity due to their durability and cost-effectiveness, they hinder the growth and demand for wood coatings, impacting market expansion and profitability.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In April 2023, Benjamin Moore & Co. introduced Element Guard, a new exterior paint designed for diverse substrates, including wood. This paint offers superior resistance to cracking and peeling while protecting against mildew, excessive humidity, and harsh weather conditions. It ensures long-lasting durability and aesthetic appeal, making it an ideal choice for exterior surfaces exposed to various environmental stresses
• In January 2023, Asian Paints revealed plans to establish a new manufacturing facility for waterborne paints, with an annual capacity of 4 lakh KL. This facility, which will also produce waterborne wood coatings, is set to become operational by 2026. The investment aims to bolster Asian Paints' production capabilities and meet the growing demand for environmentally friendly paint solutions
• In December 2022, The Sherwin-Williams Company announced the completion of its acquisition of ICA Group, significantly enhancing its wood division within the performance coatings group. ICA Group, with its strong presence in India and exports to the Middle East and Africa, will enable Sherwin-Williams to expand its market reach and improve its industrial wood coating product offerings in these regions, strengthening the company's global position

Wood Coatings Market Scope

The market is segmented on the basis of coating type, resin type, technology, end-user, and application method. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Coating Type

• Stains and Varnishes
• Shellac
• Wood Preservatives
• Water Repellents
• Others

 Resin Type

• Acrylic
• Nitrocellulose
• Polyester
• Polyurethane
• Other Resin Types

Technology

• Waterborne
•  Conventional Solid Solvent Borne
• High Solid Solvent Borne
• Powder Coating
• Radiation Cured
• Solvent-borne
• UV-cured
• Powder Coatings

 Application Method

• Roll Coating and Brush Coating
• Vacuum Coating
• Spray Coating
• Others

 End-User

• Furniture
• Cabinets
• Siding
• Flooring and Decking
• Others

Wood Coatings Market Regional Analysis/Insights

The market is analysed and market size insights and trends are coating type, resin type, technology, end-user, and application method as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the wood coatings market due to rising demand from sectors such as furniture, joinery, and flooring. Benefits such as durable finishes, solvent and scratch resistance, UV protection, quick-drying, and smooth application will drive market growth in the region during the forecast period.

Europe is expected to show significant growth in the wood coatings market due to rising investments in the residential and commercial sectors and demand for clear coat for wood. Strategic initiatives and high demand for wood coatings are key drivers. This trend reflects the region's focus on enhancing infrastructure and aesthetic appeal in construction projects.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Wood Coatings Market Share Analysis

시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 애플리케이션 우세입니다. 위에 제공된 데이터 포인트는 시장과 관련된 회사의 초점에만 관련이 있습니다.

시장에서 활동하는 주요 기업은 다음과 같습니다.

• BASF SE(독일)
• Akzo Nobel NV(네덜란드)
• 다우(미국)
• Sherwin-Williams 회사(미국)
•  PPG Industries, Inc. (미국)
• 요툰(노르웨이)
• 아르케마(프랑스)
• 닛폰 페인트 홀딩스 주식회사(일본)
• RPM 인터내셔널 주식회사(미국)
• Hempel A/S(덴마크)
• Berger Paints India Limited(인도)
• Covestro AG(독일)
• 헌츠먼 인터내셔널 LLC(미국)
• Wacker Chemie AG(독일)
• 완화(중국)
•  DIC CORPORATION(일본)
• Allnex GMBH(독일)
• Akzo Nobel Hilden GmbH (독일)

SKU-64164