Wood Protection Coatings Market Analysis - Dominated By Region Of Asia Pacific
The wood protection coatings market has witnessed exponential growth in the past. This is as a result of increasing demand for decking, furniture and siding products in Asia Pacific over the forecast period. Wood coating is a process of protecting the surface of wood. Wood protection coatings are of three types, including reactive, coalescing and evaporating.
For Market Research Report on “Wood Protection Coatings Market” Visit
Wood protection coatings are also used as preservatives. They protect furniture from fire and water. Rising consumer industries, including construction, furniture & flooring, music instruments and sports are predicted to propel demand for the wood protection coatings market. However, the rising demand for alternatives, including wood plastic and plastics, both of which need low maintenance, is likely to hinder the wood protection coatings market.
The wood protection coatings market is segmented into applications and regions. On the basis of applications, the market can be divided into decking, furniture, panels, siding, cupboards, chairs, kitchen furniture and others. Siding, furniture and decking dominated the market. Primarily, paints and stains are used to protect wood. Paints are used to protect wood windows, sidings and doors. Stains are widely used to protect decks, floorings, cabinets and furniture.
On the basis of regions, the market can be segmented into Asia Pacific, North America, Europe and rest of the world. Asia Pacific captured the largest wood protection coatings market. It was followed by Europe and North America. Asia Pacific’s growth owed to rising disposable income, changing lifestyles and usage of furniture in various applications in its developing countries, China and India. Brazil has shown steady growth on account of the growing construction industry.
Wood Protection Coatings Market Analysis
Information Source: Grand View Research
Posted on Apr 13, 2015 | Category Chemical