Wood Coatings Market in North America 2024-2028

Description

List of Tables

The wood coatings market in North America is forecasted to grow by USD 707.55 mn during 2023-2028, accelerating AT a CAGR of 5.09% during the forecast period. The report on the wood coatings market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of renewable and sustainable raw materials, advancements in nanotechnology, and growing demand for high-performance wood coatings.

Technavio's wood coatings market in North America is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.47%
CAGR	5.09%
Incremental Value	$707.55mn

By Product

Stains and varnishes
Shellacs
Wood preservatives
Others

By Technology

Solvent-based
Water-based
Others

By Geography

North America

This study identifies the growing adoption of user-friendly DIY wood coating products as one of the prime reasons driving the wood coatings market in North America growth during the next few years. Also, advancements in application techniques for wood coatings and rising number of NEW product launches by market vendors will lead to sizable demand in the market.

The report on the wood coatings market in North America covers the following areas:

Wood coatings market in North America sizing
Wood coatings market in North America forecast
Wood coatings market in North America industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wood coatings market in North America vendors that include Akzo Nobel NV, Arkema Group, Axalta Coating Systems Ltd., BASF SE, Berkshire Hathaway Inc., Cabot Corp., Dow Chemical Co., Eastman Chemical Co., Engineered Polymer Solutions and Color Corporation of America, Evonik Industries AG, Kansai Paint Co. Ltd., Katilac Coatings, Koppers Holdings Inc., Lanxess AG, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., SAICOS Canada, The Sherwin Williams Co., and W. R. Grace and Co.. Also, the wood coatings market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher 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 such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77907

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Wood coatings market in North America 2018 - 2022
4.2 Product Segment Analysis 2018 - 2022
4.3 Technology Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments
6.2 Comparison by Product
6.3 Stains and varnishes - Market size and forecast 2023-2028
6.4 Shellacs - Market size and forecast 2023-2028
6.5 Wood preservatives - Market size and forecast 2023-2028
6.6 Others - Market size and forecast 2023-2028
6.7 Market opportunity by Product

7 Market Segmentation by Technology

7.1 Market segments
7.2 Comparison by Technology
7.3 Solvent-based - Market size and forecast 2023-2028
7.4 Water-based - Market size and forecast 2023-2028
7.5 Others - Market size and forecast 2023-2028
7.6 Market opportunity by Technology

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 US - Market size and forecast 2023-2028
9.4 Canada - Market size and forecast 2023-2028
9.5 Mexico - Market size and forecast 2023-2028
9.6 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Akzo Nobel NV
12.4 Arkema Group
12.5 Axalta Coating Systems Ltd.
12.6 BASF SE
12.7 Berkshire Hathaway Inc.
12.8 Cabot Corp.
12.9 Dow Chemical Co.
12.10 Eastman Chemical Co.
12.11 Evonik Industries AG
12.12 Kansai Paint Co. Ltd.
12.13 Lanxess AG
12.14 Nippon Paint Holdings Co. Ltd.
12.15 PPG Industries Inc.
12.16 RPM International Inc.
12.17 The Sherwin Williams Co.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations