The properties, such as durability, protection, high scratch resistance, chemical resistance and others, green environmental regulations, and increasing construction and furniture market will be the key influencing factors for the global wood coatings market.
This is what the latest report by Markets and Markets.com has researched on the resin industry.
The wood coatings market is experiencing moderate growth which is expected to continue in the near future, mainly driven by the expanding Asia-Pacific, and RoW regions. The Asia-Pacific region is the main hub for the wood coatings market. The growth of the architecture and construction sector is driving the growth for this market in this region.
The global wood coating market is estimated to reach $9.72bn by 2020, signifing a CAGR of around 4.77% between 2015 and 2020.
The study aims to estimate the global market of wood coating for 2015 and to project its demand by 202
