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Wood coatings market worth $11,880 Million by 2023

The global wood coating market was valued at $7,850 million in 2016, and is projected to reach $11,880 million by 2023, growing at a CAGR of 6.3% from 2017 to 2023.

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Wood coatings market worth $11,880 Million by 2023

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  1. Wood Coating Marketto Reach $11,880 Million by 2023

  2. Introduction • The global wood coating market was valued at $7,850 million in 2016, and is projected to reach $11,880 million by 2023, growing at a CAGR of 6.3% from 2017 to 2023.  • The furniture segment accounted for more than 59% share of the global wood coating market in 2016. • The report segments the wood coatings market based on resin type, technology, end user, and region.  • Based on resin type, the market is segmented into polyurethane, nitrocellulose, acrylic, unsaturated polyester, and others.  • Asia-Pacific wood coating industry is anticipated to witness high growth rate during the forecast period owing to rapid economic development and mega construction projects. 

  3. Key Findings of theMarket • The waterborne wood coating segment is expected to grow at a significant CAGR of 7.9%, in terms of value, from 2017 to 2023. • The polyurethane segment is projected to grow at a CAGR of 6.8%, in terms of value. • The wood coating market in North America is expected to grow at the highest CAGR of 7.9%, in terms of value. • The Asia-Pacific wood coatings market accounted for more than 54% share in 2016. • U.S. accounted for more than 56% of the North America market in 2016.

  4. Porters Five Force's analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building. • It outlines the current trends and future scenario of the wood coatings market from 2017 to 2023 to understand the prevailing opportunities and potential investment pockets. • Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market. • An in-depth analysis of the current R&D within the market is provided along with the key dynamic factors. • The key drivers, restrains, and opportunities and their detailed impact analyses are elucidated in the study. Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/4672

  5. MarketSegmentation • By Resin Type • Polyurethane • Acrylic • Nitrocellulose • Unsaturated Polyester • Others • By Technology • Waterborne • Conventional Solvent Borne • High Solid Solvent Borne • Powder Coating • Radiation Cured • Others • By End User • Furniture • Cabinet • Siding • Flooring • Paneling • Others • By Region • North America • Europe • Asia-Pacific • LAMEA

  6. Akzo Nobel N.V, • BASF SE, • Nippon Paint Holding Co., • PPG Industries, Inc., • RPM International Inc., • The Sherwin Williams Company • Others Key Players of theMarket For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/4672

  7. About Allied MarketResearch: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective marketdomain. ContactUs: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, UnitedStates. Int'l: +1-503-894-6022 TollFree: +1-800-792-5285 Fax: +1-800-792-5285 Contact Allied MarketResearch

  8. ThankYou! For MoreDetails Visit usat https://www.alliedmarketresearch.com/wood-coatings-market Follow UsOn:

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