Wood Coatings Market Size, Share, and Trends 2024 to 2034

The global wood coatings market size is calculated at USD 12.62 billion in 2025 and is forecasted to reach around USD 19.45 billion by 2034, accelerating at a CAGR of 4.93% from 2025 to 2034. Asia Pacific market size surpassed USD 5.65 billion in 2024 and is expanding at a CAGR of 5.04% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : March 2025
  • Report Code : 5647
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis 
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Wood Coatings Market

5.1. COVID-19 Landscape: Wood Coatings Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Wood Coatings Market, By Resin Type

8.1. Wood Coatings Market Revenue and Volume, by Resin Type
8.1.1 Polyurethane
8.1.1.1. Market Revenue and Volume Forecast 
8.1.2. Acrylic
8.1.2.1. Market Revenue and Volume Forecast 
8.1.3. Nitrocellulose
8.1.3.1. Market Revenue and Volume Forecast 
8.1.4. Unsaturated Polyester
8.1.4.1. Market Revenue and Volume Forecast 
8.1.5. Others
8.1.5.1. Market Revenue and Volume Forecast

Chapter 9. Global Wood Coatings Market, By Technology

9.1. Wood Coatings Market Revenue and Volume, by Technology
9.1.1. Waterborne
9.1.1.1. Market Revenue and Volume Forecast 
9.1.2. Solvent-borne
9.1.2.1. Market Revenue and Volume Forecast 
9.1.3. Powder Coating
9.1.3.1. Market Revenue and Volume Forecast 
9.1.4. Radiation Cured
9.1.4.1. Market Revenue and Volume Forecast 
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Wood Coatings Market, By Application

10.1. Wood Coatings Market Revenue and Volume, by Application
10.1.1. Furniture
10.1.1.1. Market Revenue and Volume Forecast 
10.1.2. Joinery
10.1.2.1. Market Revenue and Volume Forecast 
10.1.3. Flooring & Decking
10.1.3.1. Market Revenue and Volume Forecast 
10.1.4. Siding
10.1.4.1. Market Revenue and Volume Forecast 
10.1.5. Others
10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Wood Coatings Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Resin Type 
11.1.2. Market Revenue and Volume Forecast, by Technology 
11.1.3. Market Revenue and Volume Forecast, by Application 
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.1.4.2. Market Revenue and Volume Forecast, by Technology 
11.1.4.3. Market Revenue and Volume Forecast, by Application 
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.1.5.2. Market Revenue and Volume Forecast, by Technology 
11.1.5.3. Market Revenue and Volume Forecast, by Application 
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Resin Type 
11.2.2. Market Revenue and Volume Forecast, by Technology 
11.2.3. Market Revenue and Volume Forecast, by Application 
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.2.4.2. Market Revenue and Volume Forecast, by Technology 
11.2.4.3. Market Revenue and Volume Forecast, by Application 
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.2.5.2. Market Revenue and Volume Forecast, by Technology 
11.2.5.3. Market Revenue and Volume Forecast, by Application 
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Resin Type 
11.2.6.2. Market Revenue and Volume Forecast, by Technology 
11.2.6.3. Market Revenue and Volume Forecast, by Application 
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Resin Type 
11.2.7.2. Market Revenue and Volume Forecast, by Technology 
11.2.7.3. Market Revenue and Volume Forecast, by Application 
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Resin Type 
11.3.2. Market Revenue and Volume Forecast, by Technology 
11.3.3. Market Revenue and Volume Forecast, by Application 
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.3.4.2. Market Revenue and Volume Forecast, by Technology 
11.3.4.3. Market Revenue and Volume Forecast, by Application 
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.3.5.2. Market Revenue and Volume Forecast, by Technology 
11.3.5.3. Market Revenue and Volume Forecast, by Application 
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Resin Type 
11.3.6.2. Market Revenue and Volume Forecast, by Technology 
11.3.6.3. Market Revenue and Volume Forecast, by Application 
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Resin Type 
11.3.7.2. Market Revenue and Volume Forecast, by Technology 
11.3.7.3. Market Revenue and Volume Forecast, by Application 
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.4.2. Market Revenue and Volume Forecast, by Technology 
11.4.3. Market Revenue and Volume Forecast, by Application 
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.4.4.2. Market Revenue and Volume Forecast, by Technology 
11.4.4.3. Market Revenue and Volume Forecast, by Application 
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.4.5.2. Market Revenue and Volume Forecast, by Technology 
11.4.5.3. Market Revenue and Volume Forecast, by Application 
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Resin Type 
11.4.6.2. Market Revenue and Volume Forecast, by Technology 
11.4.6.3. Market Revenue and Volume Forecast, by Application 
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Resin Type 
11.4.7.2. Market Revenue and Volume Forecast, by Technology 
11.4.7.3. Market Revenue and Volume Forecast, by Application 
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.5.2. Market Revenue and Volume Forecast, by Technology 
11.5.3. Market Revenue and Volume Forecast, by Application 
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Resin Type 
11.5.4.2. Market Revenue and Volume Forecast, by Technology 
11.5.4.3. Market Revenue and Volume Forecast, by Application 
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Resin Type 
11.5.5.2. Market Revenue and Volume Forecast, by Technology 
11.5.5.3. Market Revenue and Volume Forecast, by Application

Chapter 12. Company Profiles

12.1. Asian Paints
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Akzo Nobel N.V.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Axalta Coating Systems, LLC
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. BASF SE
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Diamond Paints
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Eastman Chemical Company
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. KANSAI HELIOS
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Nippon Paint Holdings Co., Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. PPG Industries, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. RPM International Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Frequently Asked Questions

The global wood coatings market size is expected to grow from USD 12.02 billion in 2024 to USD 19.45 billion by 2034.

The wood coatings market is anticipated to grow at a CAGR of 4.93% between 2025 and 2034

The major players operating in the wood coatings market are Asian Paints, Akzo Nobel N.V., Axalta Coating Systems, LLC, BASF SE, Diamond Paints, Eastman Chemical Company, KANSAI HELIOS, Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., RPM International Inc., The Sherwin-Williams Company and Others.

The driving factors of the wood coatings market is the high demand for wood coatings in the furniture industry.

Asia Pacific region will lead the global wood coatings market during the forecast period 2025 to 2034.

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