Wood Protection Coatings Market Analysis, Market Size, Application
Analysis,
Regional
Outlook,
Competitive
Strategies And Forecasts, 2014 To 2020
Wood protection coatings market is expected to witness significant growth over the next six years on account of rising construction spending coupled with increasing demand for furniture, sliding and decking products. Increasing demand for wood products in luxury cars and cruises is expected to augment demand for protection coatings thereby increasing its market share.Growing demand for wood protection coatings in residential applications including cabinets and floorings is expected to propel market growth. For More Information on "Wood Protection Coatings Market Research Reports" visit - http://www.grandviewresearch.com/industry-analysis/woodprotection-coatings-market
Moreover, escalating demand for solvent-free epoxy coatings due to its higher coating thickness coupled with negligible shrinkage is expected to drive market growth. Asia Pacific is anticipated to witness the fastest market growth on account of increasing construction spending mainly in China, India and Malaysia. Furthermore, Brazil is expected to show substantial growth in the construction industry thereby driving demand for wood protection coatings. Increasing usage of alternative materials including plastics and wood-plastic composites is expected to restrain market growth over the forecast period. However, biodegradable coatings are expected to serve as market growth opportunity over the next six years owing to increasing consumer awareness towards environment protection.
Growing demand for coatings including paints, primers, stains and sealers in furniture & flooring, construction, art & decoration is expected to augment market growth. EPA recommendation to reduce use of chromate copper arsenate (CCA) in wood coatings owing to its adverse impact on the environment is expected to pose negative impact on market growth. Key market players include DuPont, AkzoNobel, Wacker Group, Sentinel Products Incorporated, BASF Coatings, PPG Industries, Sherwin-Williams, Dow Chemical Company, Ashland Inc. and Valspar Corporation. AkzoNobel introduced innovative wood coatings which possess high quality and are used in numerous applications including windows, door, wood crafting, saw mills and coating of terrace decking and garden wood.
BASF introduced coatings which provide balance between coating properties and performance attributes including high transparency, early block resistance and good chemical and scratch protection. Request TOC of “Wood Protection Coatings Market Research Reports" visit - http://www.grandviewresearch.com/industry-analysis/wood-protectioncoatings-market/request-toc About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Website: Grand View Research Blog Site: http://www.divog.org/