Pulished Date August, 2019
ID: 8645
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Wood Coating Resins Market by Resin Type (Polyurethane, Acrylic, Epoxy, Alkyd, Nitrocellulose, Polyester), Technology (Solvent-borne, Reactive, Dispersion), End User (Furniture, Cabinets, Doors and Windows, Flooring), by Region - Global Industry Analysis, Size, Share, Growth, Investment, and Forecasts (2018–2023)

Pulished: August, 2019
ID: 8645
Pages: 170

Tags: Tag2, Tag_3

Wood Coating Resins Market Value and Growth:

The size of the Global Market was around USD 3.64 Billion by revenue, at the end of 2018. It is expected to grow at a CAGR of 5.41 % to reach close to USD 4.74 Billion in the forecast, as mentioned earlier period.The Wood Coating Resins Market has a decent growth pace in the global market, which is driven by the demand polyurethane resin in various application and from numerous end-users. The Wood Coating Resins Market is expected to reach a total of USD 4.74 Billion with a 5.41 % CAGR.Wessex, a major resin & adhesives-based company, has announced to launch their new online store for ordering some unique range of bio-based epoxy, in Europe. This is expected to bring some dynamic shift to the wood coating resins market in this region.

Wood Coating Resins Market Drivers and Restraints:

The global market is mainly driven by the demand for polyurethane resin in various application and from numerous end-users. Also, the rising demand in the furniture end users and the use of Wood Coating Resins in it helps in the growth of the Wood Coating Resins market.However, the costs associated may restrain the market in the forecast period. Also, the market concentration in regions like the Asia Pacific restrains the market expansion into regions like the Middle East and Africa.

Wood Coating Resins Market Segmentation Analysis:

By Resin Type

Based on the type of resin, the global market is segmented into Polyurethane, Acrylic, Epoxy, Alkyd, Nitrocellulose, Polyester. Among the mentioned types of resins, the polyurethane segment is the largest by value and volume and is anticipated to have the fastest growth rate in the forecast period. The growth is mainly attributed to the rising demand for this resin in the end-use industries.

By Technology

Based on technology, the global market is categorized into Solvent-borne, Reactive, Dispersion. Of the mentioned technology, the solvent-borne segment is the largest and is expected to have the fastest growth rate in the forecast period. The growth is mainly attributed to the full application of this kind of resins as they are applicable in various industries.

By End-User

Based on the end-user, the global market is segmented into Furniture, Cabinets, Doors, and Windows, Flooring. Of the mentioned end-users, the furniture segment is the largest and is anticipated to have the fastest growth rate in the proposed forecast period. The growth is mainly attributed to the demand from this end-user due to its rapid development in the global market.

Wood Coating Resins Market Geographical Analysis:

By geography, the market is segmented as Europe, Asia Pacific, Latin America, North America, and Middle-East & Africa. The Asia Pacific region holds the largest share of the Global Market in the year of 2018, in terms of value and volume. The regional advantages in this region, like the ease of company setup, cheap resources, and a large number of the skilled population are the major reasons for the fast-emerging industries in this region, hence the region’s position in the global market. Also, the fast-developing economies like India, Japan, and China are the main reason for the developing regional market. These reasons make this region the fastest growing regional market in the proposed forecast period.North America is next in the lead of the Global Wood Coating Resins Market by both value and bulk, as of 2018. The situation of most of the key players in the global market in North America is the main reason for its market position. This region has the second-fastest growth rate on a global scale.Europe is next in the lead of the global market in the year 2018. The presence of a considerable customer base in and around this region is helping in the growth of the Wood Coating Resins Market in this region. This region is the third fastest-growing region in the global market in the projected forecast period.On the other hand, the Middle East & Africa and Latin America regions, being in the slow-developing countries, have fewer opportunities for market growth. Hence, the market growth is at a slow pace in these regions.

Wood Coating Resins Market Key Market Players:

By the end of 2018 Allnex S.à.r.l. (Germany), Nuplex Industries Limited (Australia), Dynea AS (Norway), Helios Group (Slovenia), Arkema S.A. (France), Polynt Spa (Italy), Koninklijke DSM N.V. (Netherlands), Sirca Spa (Italy), and IVM Group (Italy) among others are the leading shareholders of the global market for Wood Coating Resins Market. There is a constant competition between these companies regarding the pricing and quality of the product.

Wood Coating Resins Market Research Report Key Highlights:

  1. The evaluation of the current product and services market and the future implications of the market.
  2. Address the matter by better understanding the market through size estimates and CAGR analysis to forecast the future market.
  3. More extensive segmentation to better understand the dynamics of the market at a minimal level by dividing the market to smaller segments.
  4. Address the key market challenges, drivers, and restraints to provide insights for gaining market share.
  5. Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of the competitive environment.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Resin Type                  

                                5.1.1 Introduction           

                                5.1.2 Polyurethane         

                                5.1.3 Acrylic       

                                5.1.4 Epoxy        

                                5.1.5 Alkyd         

                                5.1.6 Nitrocellulose        

                                5.1.7 Polyester 

                                5.1.5  Y-o-Y Growth Analysis, By Resin Type        

                                5.1.6  Market Attractiveness Analysis, By Resin Type      

                                5.1.7  Market Share Analysis, By Resin Type        

                5.2 Technology                 

                                5.2.1 Introduction           

                                5.2.2 Solvent-borne       

                                5.2.3 Reactive   

                                5.2.4 Dispersion               

                                5.2.5 Y-o-Y Growth Analysis, By Technology        

                                5.2.6 Market Attractiveness Analysis, By Technology      

                                5.2.7 Market Share Analysis, By Technology        

                5.3 End-User                     

                                5.3.1 Introduction           

                                5.3.2 Furniture 

                                5.3.3 Cabinets   

                                5.3.4 Doors and Windows            

                                5.3.5 Flooring    

                                5.3.6 Y-o-Y Growth Analysis, By End-User            

                                5.3.7  Market Attractiveness Analysis, By End-User         

                                5.3.8  Market Share Analysis, By End-User           

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Resin Type

                                                6.1.3.3 By End-User

                                                6.1.3.4 By Application

                                                6.1.3.5 By Indication

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Resin Type

                                                6.1.4.3 By End-User

                                                6.1.4.4 By Application

                                                6.1.4.5 By Indication

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Resin Type

                                                6.1.5.3 By End-User

                                                6.1.5.4 By Application

                                                6.1.5.5 By Indication

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Allnex S.à.r.l.                              

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Nuplex Industries Limited                    

                8.3 Dynea AS                     

                8.4 Helios Group                              

                8.5 Arkema S.A.                               

                8.6 Polynt Spa                   

                8.7 Koninklijke DSM N.V.                             

                8.8 Sirca Spa                      

                8.9 IVM Group                 

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by resin type,by technology,by end user,along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Wood Coating Resins Market By Region, From 2018-2023 ( USD Billion )
  2. Global Wood Coating Resins Market By Resin Type, From 2018-2023 ( USD Billion )
  3. Global Polyurethane Market By Region, From 2018-2023 ( USD Billion )
  4. Global Acrylic Market By Region, From 2018-2023 ( USD Billion )
  5. Global Epoxy Market By Region, From 2018-2023 ( USD Billion )
  6. Global Alkyd Market By Region, From 2018-2023 ( USD Billion )
  7. Global Nitrocellulose Market By Region, From 2018-2023 ( USD Billion )
  8. Global Polyester Market By Region, From 2018-2023 ( USD Billion )
  9. Global Wood Coating Resins Market By Technology, From 2018-2023 ( USD Billion )
  10. Global Solvent-Borne Market By Region, From 2018-2023 ( USD Billion )
  11. Global Reactive Market By Region, From 2018-2023 ( USD Billion )
  12. Global Dispersion Market By Region, From 2018-2023 ( USD Billion )
  13. Global Wood Coating Resins Market By End-User, From 2018-2023 ( USD Billion )
  14. Global Furniture Market By Region, From 2018-2023 ( USD Billion )
  15. Global Cabinets Market By Region, From 2018-2023 ( USD Billion )
  16. Global Doors and Windows Market By Region, From 2018-2023 ( USD Billion )
  17. Global Flooring Market By Region, From 2018-2023 ( USD Billion )

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