木材用塗料市場 – 2030年までの世界予測

Wood Coatings Market - Global Forecast to 2030

木材用塗料市場 - 樹脂の種類 (ポリウレタン、アクリル、エポキシ、アルキド)、技術 (溶剤系、水系、粉末系)、タイプ (ステインおよびワニス、セラック、木材防腐剤、撥水剤)、用途および地域別 - 2030年までの世界予測
Wood Coatings Market by Resin Type (Polyurethane, Acrylic, Epoxy, Alkyd), Technology (Solvent borne, Waterborne, Powder-based), Type (Stains & Varnishes, Shellac, Wood Preservatives, Water Repellents), Application and Region - Global Forecast to 2030

商品番号 : SMB-71872

出版社MarketsandMarkets
出版年月2025年1月
ページ数326
図表数455
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The wood coatings market is projected to register a CAGR of 3.0% between 2024 and 2030, in terms of value. The wood coatings market size is projected to reach USD 15.18 billion by 2030 at a CAGR of 3.0% from USD 12.74 billion in 2024. Stains & Varnishes, by type segment is estimated to account for the largest share as well as fastest growing in terms of value of the wood coatings market in 2023.

木材用塗料市場は、金額ベースで 2024 年から 2030 年の間に 3.0% の CAGR を記録すると予測されています。

The Stains & Varnishes sector is anticipated to have the biggest and fastest-growing market share for wood coatings in 2023. This expansion is being driven by the need to maintain and improve the aesthetics of wood surfaces, especially those found in flooring, cabinets, and furniture. Stains are typically preferred when applied decoratively because they provide rich, vivid colors while preserving the wood’s inherent grain. Varnishes, on the other hand, ensure long-lasting finishes by offering the most robust defense against abrasion, moisture, UV radiation, etc. The main elements driving the segment’s growth would include versatility and simplicity of application, as well as the rise in demand for high-end, premium wood goods.

木材用塗料市場 - 2030年までの世界予測
wood-coating-market-Overview

Wood preservatives by type are the second highest contributors to the wood coatings market, as these products are essential in prolonging wood product life. Wood preservatives shield it from termite and insect infestations, fungal attack, and moisture action, thereby ensuring the prolonged durability of wood, especially for outdoor environments and high-moisture places. In addition, demand for treated wood in construction, furniture making, and decking drives this segment. Along with this, the fast growing awareness about the requirement of sustainable and green wood protection measures has further encouraged the adoption of such preservations that are non-toxic. Regulatory standards and environment concerns also push for safer, low-VOC wood preservatives, thus contributing to the increase in demand for these preservatives. Because of the growing interest of the industries, in much higher focus than before, in the longevity and performance of wood, the segment of wood preservatives is witnessing continuous significant growth.

“Flooring & Decks, by application is fastest growing application segment of wood coating market”

Flooring & Decks is the fastest-growing category among all of the wood finishing applications. The growing need for an aesthetically pleasing and long-lasting finish has pushed their use as wood finish in residential and commercial settings. Floor wood, as well as outdoor decks, are susceptible to wear, stains, moisture damage, and UV radiation, thus protective coatings must be placed to defend against these elements. Premium wood coatings for floors or decks are greatly favored by homeowners for their houses as natural finishes and increased durability become the current trend. The tendency of do-it-yourself home renovations and remodeling is another factor driving it. Additionally, the rapid increase of this segment in the market is fueled by innovations in coatings that afford better performance as well as sustainability, and are easy to apply.

“North America, by region is forecasted to be the fastest growing segment of wood coating market during the forecast period.”

The market for wood coatings is anticipated to develop at the fastest rate in North America during the forecast period because to the high demand in a variety of applications, including commercial, industrial, and residential. The market is driven by expanding trends in home remodeling, increased activity in the construction industry, and rising investments in high-end timber flooring and furnishings. Furthermore, the industry will continue to advance due to rising customer tastes and governmental pressure for sustainable and eco-friendly products. Additionally, the robust, well-established production base and advanced coating technologies significantly accelerate market expansion. North America’s strong focus on high-performance coatings for durable protection will unavoidably support the region’s expansion in the worldwide wood coatings market.

木材用塗料市場 - 2030年までの世界予測 region
wood-coating-market-Region

Interviews:

  • By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
  • By Designation: C Level – 21%, D Level – 23%, and Others – 56%
  • By Region: North America – 37%, Europe – 26%, Asia Pacific – 23%, and South America – 4%, Middle East & Africa – 10%

The key companies profiled in this report are The Sherwin Williams company (US), PPG Industries, Inc. (US), Akzo Nobel N.V. (Netherlands), Axalta Coating Systems, LLC (US), RPM International (US), Asian Paints Ltd. (India), and Jotun (Norway).

木材用塗料市場 - 2030年までの世界予測 ecosystem
wood-coating-market-Ecosystem

Research Coverage:

The wood coatings market has been segmented based on Resin type (Polyurethane, Acrylic, Epoxy, Alkyd), Technology (Solventborne, Waterborne, Powder-Based), Type (Stains & Varnishes, Shellac, Wood Preservatives, Water Repellants), Application (Furniture, Cabinets, Sidings, Flooring & Decks), and by Region (Asia Pacific, North America, Europe, South America, Middle East & Africa).

This report provides insights on the following pointers:

  • Analysis of key drivers (Renovation and Remodeling will drive growth of wood coating,), restraints (Volatility in raw material prices), opportunities (Economic growth and increase in per capita consumption), and challenges (Stringent environmental regulations and intense market competition) influencing the growth of the wood coatings market.
  • Product Development/Innovation: Detailed insight of upcoming technologies, research & development activities, and new product launch in the wood coatings market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the wood coatings market across varied regions.
  • Market Diversification: Exclusive information about the new products & service untapped geographies, recent developments, and investments in wood coatings market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like, The Sherwin Williams company (US), PPG Industries, Inc. (US), Akzo Nobel N.V. (Netherlands), Axalta Coating Systems, LLC (US), RPM International (US), Asian Paints Ltd. (India), and Jotun (Norway) among other in the wood coatings market.

Table of Contents

1               INTRODUCTION              29

1.1           STUDY OBJECTIVES       29

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   30

1.3.1        MARKET SEGMENTATION AND REGIONAL SCOPE                 30

1.3.2        INCLUSIONS AND EXCLUSIONS 31

1.3.3        DEFINITION AND INCLUSIONS, BY TYPE               31

1.3.4        DEFINITION AND INCLUSIONS, BY TECHNOLOGY                 32

1.3.5        DEFINITION AND INCLUSIONS, BY RESIN TYPE 32

1.3.6        DEFINITION AND INCLUSIONS, BY APPLICATION                 33

1.4           YEARS CONSIDERED      34

1.5           CURRENCY CONSIDERED            34

1.6           UNITS CONSIDERED      34

1.7           STAKEHOLDERS               35

2               RESEARCH METHODOLOGY       36

2.1           RESEARCH DATA              36

2.1.1        SECONDARY DATA          37

2.1.1.1    List of key secondary sources              37

2.1.1.2    Key data from secondary sources       37

2.1.2        PRIMARY DATA 38

2.1.2.1    Key primary participants     38

2.1.2.2    Key data from primary sources           38

2.1.2.3    Key industry insights           39

2.1.2.4    Breakdown of interviews with experts               39

2.2           MARKET SIZE ESTIMATION         40

2.2.1        BOTTOM-UP APPROACH              40

2.2.2        TOP-DOWN APPROACH                41

2.3           MARKET FORECAST APPROACH                43

2.3.1        SUPPLY-SIDE FORECAST               43

2.3.2        DEMAND-SIDE FORECAST           43

2.4           FACTOR ANALYSIS          44

2.5           DATA TRIANGULATION                45

2.6           ASSUMPTIONS  46

2.7           LIMITATIONS    46

2.8           RISK ASSESSMENT           46

3               EXECUTIVE SUMMARY  47

4               PREMIUM INSIGHTS       52

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN WOOD COATINGS MARKET       52

4.2           WOOD COATINGS MARKET, BY REGION               52

4.3           ASIA PACIFIC: WOOD COATINGS MARKET, BY APPLICATION AND COUNTRY, 2023         53

4.4           REGIONAL ANALYSIS: WOOD COATINGS MARKET, BY TYPE, 2023           53

4.5           WOOD COATINGS MARKET, BY MAJOR COUNTRY                 54

5               MARKET OVERVIEW       55

5.1           INTRODUCTION              55

5.2           MARKET DYNAMICS       56

5.2.1        DRIVERS               56

5.2.1.1    Renovation and remodeling                56

5.2.1.2    Growth of furniture industry              57

5.2.1.3    Adoption of acrylic and polyurethane in topcoats           57

5.2.2        RESTRAINTS      58

5.2.2.1    Volatility in raw material prices          58

5.2.3        OPPORTUNITIES              58

5.2.3.1    Economic growth and increase in per capita consumption                 58

5.2.3.2    Advancements in technologies and eco-friendly coatings                 59

5.2.4        CHALLENGES    59

5.2.4.1    Stringent environmental regulations and intense market competition            59

5.3           PORTER’S FIVE FORCES ANALYSIS           60

5.3.1        THREAT OF NEW ENTRANTS      61

5.3.2        THREAT OF SUBSTITUTES          61

5.3.3        BARGAINING POWER OF BUYERS             62

5.3.4        BARGAINING POWER OF SUPPLIERS       62

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 62

5.4           MACROECONOMIC ANALYSIS    62

5.4.1        GDP TRENDS AND FORECAST   62

5.4.2        TRENDS IN FURNITURE INDUSTRY         64

5.4.3        TRENDS IN CONSTRUCTION INDUSTRY                65

6               INDUSTRY TRENDS         66

6.1           SUPPLY CHAIN ANALYSIS             66

6.2           PRICING ANALYSIS          67

6.2.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY REGION                67

6.2.2        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE     68

6.2.3        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TECHNOLOGY  68

6.2.4        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY RESIN TYPE        69

6.2.5        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION   69

6.2.6        AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION   70

6.3           KEY STAKEHOLDERS AND BUYING CRITERIA     70

6.3.1        KEY STAKEHOLDERS IN BUYING PROCESS           71

6.3.2        BUYING CRITERIA           71

6.4           TRADE ANALYSIS             72

6.4.1        EXPORT SCENARIO (HS CODE 3209)        72

6.4.2        IMPORT SCENARIO (HS CODE 3209)        74

6.5           REGULATORY LANDSCAPE         75

6.5.1        REGULATORY FRAMEWORK       75

6.5.2        REGULATIONS RELATED TO PAINTS & COATINGS                 75

6.5.2.1    Key regulations on PFAS    77

6.5.2.2    Regional regulations on PFAS            77

6.5.2.2.1 PFAS regulations in Europe                77

6.5.2.2.2 PFAS regulations in North America (US)        78

6.5.2.2.3 PFAS regulations in Latin America and Asia   78

6.5.2.3    Impact of PFAS on market 79

6.5.3        REGULATIONS IMPACTING WOOD COATINGS BUSINESS            80

6.5.3.1    European standard for exterior wood coatings (EN 927)                 80

6.5.3.2    Registration, evaluation, authorisation and restriction

of chemicals (REACH)        80

6.5.3.3    U.S. environmental protection agency (EPA) regulations on

VOC emissions     80

6.5.3.4    China’s regulation on low-VOC coatings         80

6.5.3.5    Brazil’s stricter limits for lead in paints             81

6.5.3.6    Sustainable development goals and corporate ESG reporting                 81

6.5.4        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             81

6.6           ECOSYSTEM ANALYSIS  83

6.7           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            85

6.8           INVESTMENT AND FUNDING SCENARIO               85

6.9           PATENT ANALYSIS          86

6.9.1        APPROACH         86

6.9.2        PATENT TYPES 86

6.9.3        JURISDICTION ANALYSIS              88

6.10         TECHNOLOGY ANALYSIS             89

6.10.1      KEY TECHNOLOGIES     89

6.10.1.1  Waterborne coatings            89

6.10.1.2  Solventborne coatings          89

6.10.1.3  Powder coatings   89

6.10.2      COMPLEMENTARY TECHNOLOGIES       89

6.10.2.1  Thermal coatings 89

6.10.3      ADJACENT TECHNOLOGIES       89

6.10.3.1  Antimicrobial coatings         89

6.10.3.2  Nanocoatings        90

6.11         IMPACT OF AI/GENERATIVE AI (GENAI) ON WOOD COATINGS MARKET       90

6.12         MACROECONOMIC OUTLOOK IMPACTING MARKET GROWTH             91

6.12.1      RUSSIA–UKRAINE WAR  91

6.12.2      CHINA  91

6.12.2.1  Decreasing FDI restricting China’s growth trajectory    91

6.12.2.2  Environmental commitments              92

6.12.3      EUROPE               92

6.12.3.1  Energy crisis in Europe        92

6.12.4      CHOKEPOINTS THREATENING GLOBAL TRADE                 92

6.12.5      OUTLOOK FOR CHEMICAL INDUSTRY  94

6.12.6      OPEC+ EXTENDS OIL OUTPUT CUTS INTO 2025                 94

6.13         CASE STUDY ANALYSIS 95

6.13.1      WEATHERING PAINTS AND VARNISHES ON WOOD                 95

6.13.2      CASTLEBERRY SHUTTERS BOOSTS PRODUCTIVITY WITH SHER-WOOD

EA HYDROPLUS WATERBORNE TOPCOAT           96

6.14         KEY CONFERENCES AND EVENTS, 2024–2025        96

7               WOOD COATINGS MARKET, BY TYPE     97

7.1           INTRODUCTION              98

7.2           STAINS & VARNISHES     100

7.2.1        INCREASED DEMAND IN RESIDENTIAL AND COMMERCIAL

APPLICATIONS TO DRIVE MARKET         100

7.3           SHELLAC              102

7.3.1        RISING DEMAND FROM HIGH-END WOOD FINISHING INDUSTRY

TO BOOST MARKET GROWTH   102

7.4           WOOD PRESERVATIVES                103

7.4.1        EXPANSION OF OUTDOOR LIVING SPACES AND INCREASING CONSTRUCTION AND INFRASTRUCTURE PROJECTS TO BOOST MARKET GROWTH             103

7.5           WATER REPELLENTS      105

7.5.1        WOOD PROTECTION AND HIGH-HUMIDITY RESISTANCE TO PROPEL MARKET           105

7.6           OTHER TYPES   107

8               WOOD COATINGS MARKET, BY TECHNOLOGY 110

8.1           INTRODUCTION              111

8.2           SOLVENTBORNE              113

8.2.1        EXCEPTIONAL DURABILITY, SMOOTH APPLICATION, AND HIGH-PERFORMANCE FINISHES TO BOOST MARKET                 113

8.3           WATERBORNE  115

8.3.1       ENVIRONMENTAL BENEFITS, REGULATORY PRESSURES, AND TECHNOLOGICAL ADVANCEMENTS TO PROPEL MARKET                 115

8.4           POWDER-BASED              117

8.4.1       ENVIRONMENTAL SUSTAINABILITY, COST-EFFICIENCY, DURABILITY,

AND PERFORMANCE TO BOOST MARKET            117

8.5           OTHER TECHNOLOGIES               119

9               WOOD COATINGS MARKET, BY RESIN TYPE        121

9.1           INTRODUCTION              122

9.2           POLYURETHANE              124

9.2.1        RESISTANCE TO ABRASION, CHEMICALS, MOISTURE, AND UV

DEGRADATION TO DRIVE MARKET        124

9.3           ACRYLIC               126

9.3.1        EXCEPTIONAL UV STABILITY, CLARITY, AND FLEXIBILITY TO BOOST

MARKET GROWTH          126

9.4           EPOXY  128

9.4.1        HIGH-PERFORMANCE AND LONG-LASTING FINISH TO BOOST

MARKET GROWTH          128

9.5           ALKYD  129

9.5.1        WOOD PROTECTION AND HIGH-HUMIDITY RESISTANCE TO PROPEL MARKET           129

9.6           OTHER RESIN TYPES      131

10            WOOD COATINGS MARKET, BY APPLICATION   134

10.1         INTRODUCTION              135

10.2         FURNITURE        137

10.2.1      SCRATCH AND ABRASION RESISTANCE TO UPSCALE MARKET               137

10.3         CABINETS           139

10.3.1      EXCEPTIONAL UV STABILITY, CLARITY, AND FLEXIBILITY TO BOOST

MARKET GROWTH          139

10.4         SIDINGS               140

10.4.1      HUGE DEMAND IN RESIDENTIAL AND COMMERCIAL PROPERTIES

TO DRIVE DEMAND        140

10.5         FLOORING & DECKS       142

10.5.1      HIGH PURCHASING POWER AND DISPOSABLE INCOME TO DRIVE MARKET         142

10.6         OTHER APPLICATIONS 144

11            WOOD COATINGS MARKET, BY REGION               146

11.1         INTRODUCTION              147

11.2         NORTH AMERICA             149

11.2.1      US           157

11.2.1.1  Presence of major manufacturers and growth in furniture

industry to propel market    157

11.2.2      CANADA               158

11.2.2.1  Rising demand from construction and renovation industry

to fuel demand      158

11.2.3      MEXICO                160

11.2.3.1  Investments in infrastructure, energy, and commercial projects

to drive demand    160

11.3         ASIA PACIFIC     162

11.3.1      CHINA  171

11.3.1.1  Rising demand for wooden furniture to propel demand 171

11.3.2      JAPAN   173

11.3.2.1  Extensive use in residential sector to support market     173

11.3.3      INDIA    175

11.3.3.1  Growth of building & construction sector to drive market                 175

11.3.4      THAILAND          177

11.3.4.1  Increasing consumer preference for high-quality and durable

wood products to propel market         177

11.3.5      INDONESIA        179

11.3.5.1  Rising import and export of wooden products to drive demand                 179

11.4         EUROPE               181

11.4.1      GERMANY           190

11.4.1.1  Demand for high-quality residential and commercial construction

to drive market      190

11.4.2      FRANCE                192

11.4.2.1  Evolving lifestyles elevating demand for furniture to support market    192

11.4.3      UK          194

11.4.3.1  Growth of building & construction sector to drive market                 194

11.4.4      SPAIN    196

11.4.4.1  Resurgence in construction and real estate sectors to propel market    196

11.4.5      TURKEY                198

11.4.5.1  Fastest-growing building & construction industry to drive demand  198

11.4.6      ITALY    199

11.4.6.1  Global hub for high-quality furniture manufacturing and woodworking to propel market           199

11.5         MIDDLE EAST & AFRICA                201

11.5.1      GCC COUNTRIES              210

11.5.1.1  Saudi Arabia          211

11.5.1.1.1                Massive construction initiatives and growing demand for premium interiors and furniture to drive market      211

11.5.1.2  UAE        213

11.5.1.2.1                Heavy investments in high-profile real estate and infrastructure projects to drive market              213

11.5.2      SOUTH AFRICA 214

11.5.2.1  Consumer preference for high-quality, durable wood products to boost market          214

11.5.3      EGYPT  216

11.5.3.1  Dynamic developments in construction sector and thriving furniture manufacturing industry to propel market        216

11.6         SOUTH AMERICA             218

11.6.1      BRAZIL 226

11.6.1.1  Large furniture industry to fuel market growth               226

11.6.2      ARGENTINA       227

11.6.2.1  Construction boom in residential and commercial sectors to

fuel demand           227

11.6.3      COLOMBIA         229

11.6.3.1  Increased investments in construction to drive demand                 229

11.6.4      CARIBBEAN AND CENTRAL AMERICA     230

11.6.4.1  Increasing demand from luxury homes, restaurants, and resorts

to drive market      230

12            COMPETITIVE LANDSCAPE         233

12.1         OVERVIEW          233

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            233

12.3         MARKET SHARE ANALYSIS, 2023                 234

12.4         REVENUE ANALYSIS, 2021–2023  236

12.5         COMPANY VALUATION AND FINANCIAL METRICS                 237

12.5.1      COMPANY VALUATION 237

12.5.2      FINANCIAL METRICS      237

12.6         BRAND/PRODUCT COMPARISON             238

12.7         COMPANY EVALUATION MATRIX: KEY PLAYERS                 239

12.7.1      STARS   239

12.7.2      EMERGING LEADERS     239

12.7.3      PERVASIVE PLAYERS      239

12.7.4      PARTICIPANTS 239

12.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         241

12.7.5.1  Company footprint               241

12.7.5.2  Region footprint   242

12.7.5.3  Type footprint       243

12.7.5.4  Technology footprint           244

12.7.5.5  Application footprint            245

12.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES                 246

12.8.1      PROGRESSIVE COMPANIES         246

12.8.2      RESPONSIVE COMPANIES            246

12.8.3      DYNAMIC COMPANIES  246

12.8.4      STARTING BLOCKS         246

12.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 248

12.8.5.1  Detailed list of key startups/SMEs    248

12.8.5.2  Competitive benchmarking of key startups/SMEs          249

12.9         COMPETITIVE SCENARIO             250

12.9.1      PRODUCT LAUNCHES   250

12.9.2      DEALS  252

12.9.3      EXPANSIONS     253

13            COMPANY PROFILES      255

13.1         KEY PLAYERS     255

13.1.1      THE SHERWIN-WILLIAMS COMPANY      255

13.1.1.1  Business overview 255

13.1.1.2  Products/Solutions/Services offered 256

13.1.1.3  Recent developments           256

13.1.1.3.1                Product launches  256

13.1.1.3.2                Deals      257

13.1.1.3.3                Expansions             257

13.1.1.4  MnM view              258

13.1.1.4.1                Right to win           258

13.1.1.4.2                Strategic choices   258

13.1.1.4.3                Weaknesses and competitive threats 258

13.1.2      AKZO NOBEL N.V.            259

13.1.2.1  Business overview 259

13.1.2.2  Products/Solutions/Services offered 260

13.1.2.3  Recent developments           262

13.1.2.3.1                Product launches  262

13.1.2.3.2                Expansions             262

13.1.2.4  MnM view              263

13.1.2.4.1                Right to win           263

13.1.2.4.2                Strategic choices   263

13.1.2.4.3                Weaknesses and competitive threats 263

13.1.3      PPG INDUSTRIES, INC.  264

13.1.3.1  Business overview 264

13.1.3.2  Products/Solutions/Services offered 265

13.1.3.3  Recent developments           265

13.1.3.3.1                Product launches  265

13.1.3.3.2                Deals      266

13.1.3.4  MnM view              266

13.1.3.4.1                Right to win           266

13.1.3.4.2                Strategic choices   266

13.1.3.4.3                Weaknesses and competitive threats 266

13.1.4      AXALTA COATING SYSTEMS, LLC             267

13.1.4.1  Business overview 267

13.1.4.2  Products/Solutions/Services offered 268

13.1.4.3  Recent developments           269

13.1.4.3.1                Product launches  269

13.1.4.3.2                Deals      270

13.1.4.3.3                Expansions             271

13.1.4.4  MnM view              271

13.1.4.4.1                Right to win           271

13.1.4.4.2                Strategic choices   271

13.1.4.4.3                Weaknesses and competitive threats 271

13.1.5      JOTUN  272

13.1.5.1  Business overview 272

13.1.5.2  Products/Solutions/Services offered 273

13.1.5.3  Recent developments           274

13.1.5.3.1                Product launches  274

13.1.5.3.2                Deals      274

13.1.5.3.3                Expansions             275

13.1.5.4  MnM view              275

13.1.5.4.1                Right to win           275

13.1.5.4.2                Strategic choices   275

13.1.5.4.3                Weaknesses and competitive threats 275

13.1.6      NIPPON PAINT HOLDINGS CO., LTD.     276

13.1.6.1  Business overview 276

13.1.6.2  Products/Solutions/Services offered 277

13.1.6.3  Recent developments           278

13.1.6.3.1                Deals      278

13.1.6.4  MnM View             278

13.1.6.4.1                Right to win           278

13.1.6.4.2                Strategic choices   278

13.1.6.4.3                Weaknesses and competitive threats 278

13.1.7      ASIAN PAINTS   279

13.1.7.1  Business overview 279

13.1.7.2  Products/Solutions/Services offered 280

13.1.7.3  Recent developments           281

13.1.7.3.1                Product launches  281

13.1.7.3.2                Deals      281

13.1.7.4  MnM view              281

13.1.7.4.1                Right to win           281

13.1.7.4.2                Strategic choices   281

13.1.7.4.3                Weaknesses and competitive threats 281

13.1.8      KANSAI HELIOS (KANSAI PAINT CO., LTD.)          282

13.1.8.1  Business overview 282

13.1.8.2  Products/Solutions/Services offered 283

13.1.8.3  Recent developments           284

13.1.8.3.1                Deals      284

13.1.8.4  MnM view              284

13.1.8.4.1                Right to win           284

13.1.8.4.2                Strategic choices   284

13.1.8.4.3                Weaknesses and competitive threats 284

13.1.9      RPM INTERNATIONAL INC.         285

13.1.9.1  Business overview 285

13.1.9.2  Products/Solutions/Services offered 286

13.1.9.3  Recent developments           286

13.1.9.3.1                Product launches  286

13.1.9.4  MnM view              287

13.1.9.4.1                Right to win           287

13.1.9.4.2                Strategic choices   287

13.1.9.4.3                Weaknesses and competitive threats 287

13.1.10   TEKNOS GROUP               288

13.1.10.1                 Business overview 288

13.1.10.2                 Products/Solutions/Services offered 289

13.1.10.3                 MnM view              289

13.1.10.3.1             Right to win           289

13.1.10.3.2             Strategic choices   289

13.1.10.3.3             Weaknesses and competitive threats 289

13.2         OTHER PLAYERS              290

13.2.1      MICHELMAN, INC.           290

13.2.1.1  Products/Solutions/Services offered 290

13.2.2      KUPSA COATINGS           291

13.2.2.1  Products/Solutions/Services offered 291

13.2.3      BERGER PAINTS INDIA  292

13.2.3.1  Products/Solutions/Services offered 292

13.2.4      SHALIMAR PAINTS          293

13.2.4.1  Products/Solutions/Services offered 293

13.2.5      MASCO CORPORATION 294

13.2.5.1  Products/Solutions/Services offered 294

13.2.6      NORTHERN COATINGS & CHEMICAL CO.             295

13.2.6.1  Products/Solutions/Services offered 295

13.2.7      RITVER 296

13.2.7.1  Products/Solutions/Services offered 296

13.2.8      PINTURAS DOAL              297

13.2.8.1  Products/Solutions/Services offered 297

13.2.9      PINTURAS BEREL SA DE CV (BEREL GROUP)       298

13.2.9.1  Products/Solutions/Services offered 298

13.2.10   ESMAXX PINTURAS         299

13.2.10.1                 Products/Solutions/Services offered 299

13.2.11   SAYER LACK MEXICANA, S.A. DE C.V. (THE SHERWIN-WILLIAMS COMPANY)   300

13.2.11.1                 Products/Solutions/Services offered 300

13.2.12   GRUPO SÁNCHEZ             301

13.2.12.1                 Products/Solutions/Services offered 301

13.2.13   TIGER COATINGS GMBH & CO. KG           302

13.2.13.1                 Products/Solutions/Services offered 302

13.2.14   ALVAMEX PINTURAS      303

13.2.14.1                 Products/Solutions/Services offered 303

13.2.15   PRODUCTOS RIVIAL, S.A. DE C.V. (PINTURAS PRISA)                 304

13.2.15.1                 Products/Solutions/Services offered 304

13.2.16   TECBRIL               305

13.2.16.1                 Products/Solutions/Services offered 305

13.2.17   RUST-OLEUM CORPORATION   306

13.2.17.1                 Products/Solutions/Services offered 306

13.2.18   DIAMOND VOGEL           307

13.2.18.1                 Products/Solutions/Services offered 307

13.2.19   RENNER HERRMANN S.A.              308

13.2.19.1                 Products/Solutions/Services offered 308

13.2.20   WEILBURGER    309

13.2.20.1                 Products/Solutions/Services offered 309

13.2.21   EUCATEX SA INDUSTRIA E COMERCIO  310

13.2.21.1                 Products/Solutions/Services offered 310

14            ADJACENT AND RELATED MARKETS      311

14.1         INTRODUCTION              311

14.2         PAINTS & COATINGS MARKET   311

14.2.1      MARKET DEFINITION   311

14.2.2      PAINTS & COATINGS: MARKET OVERVIEW          312

14.2.3      PAINTS & COATINGS MARKET, BY TECHNOLOGY                 312

14.2.4      PAINTS & COATINGS MARKET, BY RESIN TYPE  313

14.2.5      PAINTS & COATINGS MARKET, BY END-USE INDUSTRY                 315

14.2.6      PAINTS & COATINGS MARKET, BY REGION          316

15            APPENDIX           318

15.1         DISCUSSION GUIDE        318

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                322

15.3         CUSTOMIZATION OPTIONS        324

15.4         RELATED REPORTS         324

15.5         AUTHOR DETAILS           325

LIST OF TABLES

TABLE 1                USD EXCHANGE RATE, 2020–2024              34

TABLE 2                WOOD COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS           60

TABLE 3                GDP TRENDS AND FORECAST, BY COUNTRY, 2021–2029 (USD BILLION)             63

TABLE 4                AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY REGION,

2023–2030 (USD/KG)        67

TABLE 5                AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   70

TABLE 6                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)                 71

TABLE 7                KEY BUYING CRITERIA, BY APPLICATION                 72

TABLE 8                EXPORT SCENARIO FOR HS CODE 3209-COMPLIANT PRODUCTS,

BY COUNTRY, 2021–2023 (USD MILLION)               73

TABLE 9                IMPORT SCENARIO FOR HS CODE 3209-COMPLIANT PRODUCTS,

BY COUNTRY, 2021–2023 (USD MILLION)               75

TABLE 10              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  81

TABLE 11              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  82

TABLE 12              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  82

TABLE 13              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           83

TABLE 14              ROLES OF COMPANIES IN WOOD COATINGS ECOSYSTEM       83

TABLE 15              WOOD COATINGS MARKET: INVESTMENT AND FUNDING SCENARIO      86

TABLE 16              WOOD COATINGS MARKET: PATENT STATUS, 2014–2024              86

TABLE 17              WOOD COATINGS MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025                 96

TABLE 18              WOOD COATINGS MARKET, BY TYPE, 2021–2023 (USD MILLION) 98

TABLE 19              WOOD COATINGS MARKET, BY TYPE, 2024–2030 (USD MILLION) 99

TABLE 20              WOOD COATINGS MARKET, BY TYPE, 2021–2023 (KILOTON)         99

TABLE 21              WOOD COATINGS MARKET, BY TYPE, 2024–2030 (KILOTON)         99

TABLE 22              STAINS & VARNISHES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            100

TABLE 23              STAINS & VARNISHES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            100

TABLE 24              STAINS & VARNISHES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     101

TABLE 25              STAINS & VARNISHES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     101

TABLE 26              SHELLAC: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          102

TABLE 27              SHELLAC: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          102

TABLE 28              SHELLAC: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  103

TABLE 29              SHELLAC: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  103

TABLE 30              WOOD PRESERVATIVES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            104

TABLE 31              WOOD PRESERVATIVES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            104

TABLE 32              WOOD PRESERVATIVES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     105

TABLE 33              WOOD PRESERVATIVES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     105

TABLE 34              WATER REPELLENTS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            106

TABLE 35              WATER REPELLENTS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            106

TABLE 36              WATER REPELLENTS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     107

TABLE 37              WATER REPELLENTS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     107

TABLE 38              OTHER TYPES: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          108

TABLE 39              OTHER TYPES: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          108

TABLE 40              OTHER TYPES: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  109

TABLE 41              OTHER TYPES: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  109

TABLE 42              WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            111

TABLE 43              WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            112

TABLE 44              WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)     112

TABLE 45              WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)     112

TABLE 46              SOLVENTBORNE: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            113

TABLE 47              SOLVENTBORNE: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            114

TABLE 48              SOLVENTBORNE: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)            114

TABLE 49              SOLVENTBORNE: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)            114

TABLE 50              WATERBORNE: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            115

TABLE 51              WATERBORNE: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            116

TABLE 52              WATERBORNE: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  116

TABLE 53              WATERBORNE: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  116

TABLE 54              POWDER-BASED: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            117

TABLE 55              POWDER-BASED: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            118

TABLE 56              POWDER-BASED: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)            118

TABLE 57              POWDER-BASED: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)            118

TABLE 58              OTHER TECHNOLOGIES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            119

TABLE 59              OTHER TECHNOLOGIES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            119

TABLE 60              OTHER TECHNOLOGIES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     120

TABLE 61              OTHER TECHNOLOGIES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     120

TABLE 62              WOOD COATINGS MARKET, BY RESIN TYPE, 2021–2023 (USD MILLION)            122

TABLE 63              WOOD COATINGS MARKET, BY RESIN TYPE, 2024–2030 (USD MILLION)            123

TABLE 64              WOOD COATINGS MARKET, BY RESIN TYPE, 2021–2023 (KILOTON)     123

TABLE 65              WOOD COATINGS MARKET, BY RESIN TYPE, 2024–2030 (KILOTON)     123

TABLE 66              POLYURETHANE: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            124

TABLE 67              POLYURETHANE: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            125

TABLE 68              POLYURETHANE: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)            125

TABLE 69              POLYURETHANE: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)            125

TABLE 70              ACRYLIC: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          126

TABLE 71              ACRYLIC: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          126

TABLE 72              ACRYLIC: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  127

TABLE 73              ACRYLIC: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  127

TABLE 74              EPOXY: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)            128

TABLE 75              EPOXY: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)            128

TABLE 76              EPOXY: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)     129

TABLE 77              EPOXY: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)     129

TABLE 78             ALKYD: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)            130

TABLE 79             ALKYD: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)            130

TABLE 80             ALKYD: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)     130

TABLE 81             ALKYD: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)     131

TABLE 82              OTHER RESIN TYPES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            132

TABLE 83              OTHER RESIN TYPES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            132

TABLE 84              OTHER RESIN TYPES: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     132

TABLE 85              OTHER RESIN TYPES: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     133

TABLE 86              WOOD COATINGS MARKET, BY APPLICATION, 2021–2023 (USD MILLION)            135

TABLE 87              WOOD COATINGS MARKET, BY APPLICATION, 2024–2030 (USD MILLION)            136

TABLE 88              WOOD COATINGS MARKET, BY APPLICATION, 2021–2023 (KILOTON)     136

TABLE 89              WOOD COATINGS MARKET, BY APPLICATION, 2024–2030 (KILOTON)     137

TABLE 90              FURNITURE: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          137

TABLE 91              FURNITURE: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          138

TABLE 92              FURNITURE: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  138

TABLE 93              FURNITURE: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  138

TABLE 94              CABINETS: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          139

TABLE 95              CABINETS: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          139

TABLE 96              CABINETS: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  140

TABLE 97              CABINETS: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  140

TABLE 98              SIDINGS: WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          141

TABLE 99              SIDINGS: WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)          141

TABLE 100            SIDINGS: WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)  141

TABLE 101            SIDINGS: WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)  142

TABLE 102            FLOORING & DECKS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            142

TABLE 103            FLOORING & DECKS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            143

TABLE 104            FLOORING & DECKS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     143

TABLE 105            FLOORING & DECKS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     143

TABLE 106            OTHER APPLICATIONS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            144

TABLE 107            OTHER APPLICATIONS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (USD MILLION)            145

TABLE 108            OTHER APPLICATIONS: WOOD COATINGS MARKET, BY REGION,

2021–2023 (KILOTON)     145

TABLE 109            OTHER APPLICATIONS: WOOD COATINGS MARKET, BY REGION,

2024–2030 (KILOTON)     145

TABLE 110            WOOD COATINGS MARKET, BY REGION, 2021–2023 (USD MILLION)       148

TABLE 111            WOOD COATINGS MARKET, BY REGION, 2024–2030 (USD MILLION)       148

TABLE 112            WOOD COATINGS MARKET, BY REGION, 2021–2023 (KILOTON)                149

TABLE 113            WOOD COATINGS MARKET, BY REGION, 2024–2030 (KILOTON)                149

TABLE 114            NORTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            150

TABLE 115            NORTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            151

TABLE 116            NORTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (KILOTON)     151

TABLE 117            NORTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (KILOTON)     151

TABLE 118            NORTH AMERICA: WOOD COATINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            152

TABLE 119            NORTH AMERICA: WOOD COATINGS MARKET, BY TYPE,

2024–2030 (USD MILLION)            152

TABLE 120            NORTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (KILOTON) 152

TABLE 121            NORTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (KILOTON) 153

TABLE 122            NORTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            153

TABLE 123            NORTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            153

TABLE 124            NORTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     154

TABLE 125            NORTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     154

TABLE 126            NORTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (USD MILLION)            154

TABLE 127            NORTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (USD MILLION)            154

TABLE 128            NORTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (KILOTON)     155

TABLE 129            NORTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (KILOTON)     155

TABLE 130            NORTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            155

TABLE 131            NORTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            156

TABLE 132            NORTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (KILOTON)     156

TABLE 133            NORTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (KILOTON)     156

TABLE 134            US: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            157

TABLE 135            US: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            157

TABLE 136            US: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    158

TABLE 137            US: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    158

TABLE 138            CANADA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            159

TABLE 139            CANADA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            159

TABLE 140            CANADA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    159

TABLE 141            CANADA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    160

TABLE 142            MEXICO: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            161

TABLE 143            MEXICO: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            161

TABLE 144            MEXICO: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    161

TABLE 145            MEXICO: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    162

TABLE 146            ASIA PACIFIC: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            164

TABLE 147            ASIA PACIFIC: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            164

TABLE 148            ASIA PACIFIC: WOOD COATINGS MARKET, BY COUNTRY, 2021–2023 (KILOTON)              165

TABLE 149            ASIA PACIFIC: WOOD COATINGS MARKET, BY COUNTRY, 2024–2030 (KILOTON)              165

TABLE 150            ASIA PACIFIC: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (USD MILLION)                165

TABLE 151            ASIA PACIFIC: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (USD MILLION)                166

TABLE 152            ASIA PACIFIC: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (KILOTON)        166

TABLE 153            ASIA PACIFIC: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (KILOTON)        167

TABLE 154            ASIA PACIFIC: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            167

TABLE 155            ASIA PACIFIC: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            167

TABLE 156            ASIA PACIFIC: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     168

TABLE 157            ASIA PACIFIC: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     168

TABLE 158            ASIA PACIFIC: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (USD MILLION)            168

TABLE 159            ASIA PACIFIC: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (USD MILLION)            169

TABLE 160            ASIA PACIFIC: WOOD COATINGS MARKET, BY RESIN TYPE, 2021–2023 (KILOTON)           169

TABLE 161            ASIA PACIFIC: WOOD COATINGS MARKET, BY RESIN TYPE, 2024–2030 (KILOTON)           170

TABLE 162            ASIA PACIFIC: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            170

TABLE 163            ASIA PACIFIC: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            170

TABLE 164            ASIA PACIFIC: WOOD COATINGS MARKET, BY APPLICATION, 2021–2023 (KILOTON)      171

TABLE 165            ASIA PACIFIC: WOOD COATINGS MARKET, BY APPLICATION, 2024–2030 (KILOTON)      171

TABLE 166            CHINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            172

TABLE 167            CHINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            172

TABLE 168            CHINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    173

TABLE 169            CHINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    173

TABLE 170            JAPAN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            174

TABLE 171            JAPAN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            174

TABLE 172            JAPAN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    175

TABLE 173            JAPAN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    175

TABLE 174            INDIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            176

TABLE 175            INDIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            176

TABLE 176            INDIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    177

TABLE 177            INDIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    177

TABLE 178            THAILAND: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            178

TABLE 179            THAILAND: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            178

TABLE 180            THAILAND: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    179

TABLE 181            THAILAND: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    179

TABLE 182            INDONESIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            180

TABLE 183            INDONESIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            180

TABLE 184            INDONESIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    181

TABLE 185            INDONESIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    181

TABLE 186            EUROPE: WOOD COATINGS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)     183

TABLE 187            EUROPE: WOOD COATINGS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     184

TABLE 188            EUROPE: WOOD COATINGS MARKET, BY COUNTRY, 2021–2023 (KILOTON)              184

TABLE 189            EUROPE: WOOD COATINGS MARKET, BY COUNTRY, 2024–2030 (KILOTON)              185

TABLE 190            EUROPE: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (USD MILLION)            185

TABLE 191            EUROPE: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (USD MILLION)            185

TABLE 192            EUROPE: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (KILOTON)     186

TABLE 193            EUROPE: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (KILOTON)     186

TABLE 194            EUROPE: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            186

TABLE 195            EUROPE: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            187

TABLE 196            EUROPE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    187

TABLE 197            EUROPE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    187

TABLE 198            EUROPE: WOOD COATINGS MARKET, BY RESIN TYPE, 2021–2023 (USD MILLION)                188

TABLE 199            EUROPE: WOOD COATINGS MARKET, BY RESIN TYPE, 2024–2030 (USD MILLION)                188

TABLE 200            EUROPE: WOOD COATINGS MARKET, BY RESIN TYPE, 2021–2023 (KILOTON)        188

TABLE 201            EUROPE: WOOD COATINGS MARKET, BY RESIN TYPE, 2024–2030 (KILOTON)        189

TABLE 202            EUROPE: WOOD COATINGS MARKET, BY APPLICATION, 2021–2023 (USD MILLION)              189

TABLE 203            EUROPE: WOOD COATINGS MARKET, BY APPLICATION, 2024–2030 (USD MILLION)              189

TABLE 204            EUROPE: WOOD COATINGS MARKET, BY APPLICATION, 2021–2023 (KILOTON)      190

TABLE 205            EUROPE: WOOD COATINGS MARKET, BY APPLICATION, 2024–2030 (KILOTON)      190

TABLE 206            GERMANY: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            191

TABLE 207            GERMANY: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            191

TABLE 208            GERMANY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    192

TABLE 209            GERMANY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    192

TABLE 210            FRANCE: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            192

TABLE 211            FRANCE: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            193

TABLE 212            FRANCE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    193

TABLE 213            FRANCE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    194

TABLE 214            UK: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            195

TABLE 215            UK: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            195

TABLE 216            UK: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    195

TABLE 217            UK: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    196

TABLE 218            SPAIN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            196

TABLE 219            SPAIN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            197

TABLE 220            SPAIN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    197

TABLE 221            SPAIN: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    197

TABLE 222            TURKEY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            198

TABLE 223            TURKEY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            198

TABLE 224            TURKEY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    199

TABLE 225            TURKEY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    199

TABLE 226            ITALY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            200

TABLE 227            ITALY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            200

TABLE 228            ITALY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    200

TABLE 229            ITALY: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    201

TABLE 230            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            202

TABLE 231            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            203

TABLE 232            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (KILOTON)     204

TABLE 233            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (KILOTON)     204

TABLE 234            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            204

TABLE 235            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TYPE,

2024–2030 (USD MILLION)            205

TABLE 236            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TYPE,

2021–2023 (KILOTON)     205

TABLE 237            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TYPE,

2024–2030 (KILOTON)     205

TABLE 238            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            206

TABLE 239            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            206

TABLE 240            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     207

TABLE 241            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     207

TABLE 242            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (USD MILLION)            207

TABLE 243            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (USD MILLION)            208

TABLE 244            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (KILOTON)     208

TABLE 245            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (KILOTON)     208

TABLE 246            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            209

TABLE 247            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            209

TABLE 248            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (KILOTON)     209

TABLE 249            MIDDLE EAST & AFRICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (KILOTON)     210

TABLE 250            SAUDI ARABIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            211

TABLE 251            SAUDI ARABIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            212

TABLE 252            SAUDI ARABIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     212

TABLE 253            SAUDI ARABIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     212

TABLE 254            UAE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            213

TABLE 255            UAE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            213

TABLE 256            UAE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    214

TABLE 257            UAE: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    214

TABLE 258            SOUTH AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            215

TABLE 259            SOUTH AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            215

TABLE 260            SOUTH AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     215

TABLE 261            SOUTH AFRICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     216

TABLE 262            EGYPT: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            216

TABLE 263            EGYPT: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            217

TABLE 264            EGYPT: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    217

TABLE 265            EGYPT: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    217

TABLE 266            SOUTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            219

TABLE 267            SOUTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            219

TABLE 268            SOUTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2021–2023 (KILOTON)     220

TABLE 269            SOUTH AMERICA: WOOD COATINGS MARKET, BY COUNTRY,

2024–2030 (KILOTON)     220

TABLE 270            SOUTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (USD MILLION)         220

TABLE 271            SOUTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (USD MILLION)         221

TABLE 272            SOUTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2021–2023 (KILOTON) 221

TABLE 273            SOUTH AMERICA: WOOD COATINGS MARKET, BY TYPE, 2024–2030 (KILOTON) 221

TABLE 274            SOUTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            222

TABLE 275            SOUTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            222

TABLE 276            SOUTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (KILOTON)     222

TABLE 277            SOUTH AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (KILOTON)     223

TABLE 278            SOUTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (USD MILLION)            223

TABLE 279            SOUTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (USD MILLION)            223

TABLE 280            SOUTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2021–2023 (KILOTON)     224

TABLE 281            SOUTH AMERICA: WOOD COATINGS MARKET, BY RESIN TYPE,

2024–2030 (KILOTON)     224

TABLE 282            SOUTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            224

TABLE 283            SOUTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            225

TABLE 284            SOUTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2021–2023 (KILOTON)     225

TABLE 285            SOUTH AMERICA: WOOD COATINGS MARKET, BY APPLICATION,

2024–2030 (KILOTON)     225

TABLE 286            BRAZIL: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            226

TABLE 287            BRAZIL: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            226

TABLE 288            BRAZIL: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    227

TABLE 289            BRAZIL: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    227

TABLE 290            ARGENTINA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            228

TABLE 291            ARGENTINA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            228

TABLE 292            ARGENTINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    228

TABLE 293            ARGENTINA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    229

TABLE 294            COLOMBIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2021–2023 (USD MILLION)            229

TABLE 295            COLOMBIA: WOOD COATINGS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            229

TABLE 296            COLOMBIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)    230

TABLE 297            COLOMBIA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)    230

TABLE 298            CARIBBEAN AND CENTRAL AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION)            231

TABLE 299            CARIBBEAN AND CENTRAL AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            231

TABLE 300            CARIBBEAN AND CENTRAL AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2021–2023 (KILOTON)                 231

TABLE 301            CARIBBEAN AND CENTRAL AMERICA: WOOD COATINGS MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON)                 232

TABLE 302            WOOD COATINGS MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED

BY MAJOR MARKET PLAYERS, JANUARY 2017–NOVEMBER 2024                 233

TABLE 303            WOOD COATINGS MARKET: DEGREE OF COMPETITION, 2023       235

TABLE 304            WOOD COATINGS MARKET: REGION FOOTPRINT       242

TABLE 305            WOOD COATINGS MARKET: TYPE FOOTPRINT                 243

TABLE 306            WOOD COATINGS MARKET: TECHNOLOGY FOOTPRINT       244

TABLE 307            WOOD COATINGS MARKET: APPLICATION FOOTPRINT       245

TABLE 308            WOOD COATINGS MARKET: DETAILED LIST OF KEY STARTUPS/SMES    248

TABLE 309            WOOD COATINGS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              249

TABLE 310            WOOD COATINGS MARKET: PRODUCT LAUNCHES, JANUARY

2017–NOVEMBER 2024    250

TABLE 311            WOOD COATINGS MARKET: DEALS, JANUARY 2017– NOVEMBER 2024   252

TABLE 312            WOOD COATINGS MARKET: EXPANSIONS, JANUARY 2017– NOVEMBER 2024                253

TABLE 313            THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW          255

TABLE 314            THE SHERWIN-WILLIAMS COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    256

TABLE 315            THE SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES,

JANUARY 2017–NOVEMBER 2024                 256

TABLE 316            THE SHERWIN-WILLIAMS COMPANY: DEALS, JANUARY 2017–NOVEMBER 2024                 257

TABLE 317            THE SHERWIN-WILLIAMS COMPANY: EXPANSIONS,

JANUARY 2017–NOVEMBER 2024                 257

TABLE 318            AKZO NOBEL N.V.: COMPANY OVERVIEW                 259

TABLE 319            AKZO NOBEL N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 320            AKZO NOBEL N.V.: PRODUCT LAUNCHES, JANUARY 2017–NOVEMBER 2024                 262

TABLE 321            AKZO NOBEL N.V.: EXPANSIONS, JANUARY 2017–NOVEMBER 2024               262

TABLE 322            PPG INDUSTRIES: COMPANY OVERVIEW                 264

TABLE 323            PPG INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    265

TABLE 324            PPG INDUSTRIES: PRODUCT LAUNCHES, JANUARY 2017–NOVEMBER 2024                 265

TABLE 325            PPG INDUSTRIES: DEALS, JANUARY 2017–NOVEMBER 2024               266

TABLE 326            AXALTA COATING SYSTEMS, LLC: COMPANY OVERVIEW          267

TABLE 327            AXALTA COATING SYSTEMS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    268

TABLE 328            AXALTA COATING SYSTEMS, LLC: PRODUCT LAUNCHES,

JANUARY 2017–NOVEMBER 2024                 269

TABLE 329            AXALTA COATING SYSTEMS, LLC: DEALS, JANUARY 2017–NOVEMBER 2024                 270

TABLE 330            AXALTA COATING SYSTEMS, LLC: EXPANSIONS, JANUARY 2017–NOVEMBER 2024                 271

TABLE 331            JOTUN: COMPANY OVERVIEW   272

TABLE 332            JOTUN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             273

TABLE 333            JOTUN: PRODUCT LAUNCHES, JANUARY 2017–NOVEMBER 2024               274

TABLE 334            JOTUN: DEALS, JANUARY 2017–NOVEMBER 2024                 274

TABLE 335            JOTUN: EXPANSIONS, JANUARY 2017–NOVEMBER 2024               275

TABLE 336            NIPPON PAINT HOLDINGS CO., LTD.: COMPANY OVERVIEW   276

TABLE 337            NIPPON PAINT HOLDINGS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    277

TABLE 338            NIPPON PAINT HOLDINGS CO., LTD.: DEALS, JANUARY 2017–NOVEMBER 2024                 278

TABLE 339            ASIAN PAINTS: COMPANY OVERVIEW    279

TABLE 340            ASIAN PAINTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    280

TABLE 341            ASIAN PAINTS: PRODUCT LAUNCHES, JANUARY 2017–NOVEMBER 2024    281

TABLE 342            ASIAN PAINTS: DEALS, JANUARY 2017–NOVEMBER 2024               281

TABLE 343            KANSAI HELIOS (KANSAI PAINTS CO., LTD.): COMPANY OVERVIEW   282

TABLE 344            KANSAI HELIOS (KANSAI PAINTS CO., LTD.): PRODUCTS/SOLUTIONS/

SERVICES OFFERED        283

TABLE 345            KANSAI HELIOS (KANSAI PAINTS CO., LTD.): DEALS,

JANUARY 2017–NOVEMBER 2024                 284

TABLE 346            RPM INTERNATIONAL INC.: COMPANY OVERVIEW          285

TABLE 347            RPM INTERNATIONAL INC.: PRODUCTS /SOLUTIONS/SERVICES OFFERED            286

TABLE 348            RPM INTERNATIONAL INC.: PRODUCT LAUNCHES,

JANUARY 2017–NOVEMBER 2024                 286

TABLE 349            TEKNOS GROUP: COMPANY OVERVIEW                 288

TABLE 350            TEKNOS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    289

TABLE 351            MICHELMAN, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    290

TABLE 352            KUPSA COATINGS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    291

TABLE 353            BERGER PAINTS INDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    292

TABLE 354            SHALIMAR PAINTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    293

TABLE 355            MASCO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    294

TABLE 356            NORTHERN COATINGS & CHEMICAL CO.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        295

TABLE 357            RITVER: PRODUCTS/SOLUTIONS/SERVICES OFFERED             296

TABLE 358            PINTURAS DOAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    297

TABLE 359            PINTURAS BEREL SA DE CV (BEREL GROUP): PRODUCTS/

SOLUTIONS/ SERVICES OFFERED             298

TABLE 360            ESMAXX PINTURAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    299

TABLE 361            SAYER LACK MEXICANA S.A. DE C.V. (THE SHERWIN-WILLIAMS COMPANY): PRODUCTS/SOLUTIONS/SERVICES OFFERED    300

TABLE 362            GRUPO SÁNCHEZ: PRODUCTS/SOLUTIONS/SERVICES OFFERED    301

TABLE 363            TIGER COATINGS GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    302

TABLE 364            ALVAMEX PINTURAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    303

TABLE 365            PRODUCTOS RIVIAL, S.A. DE C.V. (PINTURAS PRISA): PRODUCTS/

SOLUTIONS/ SERVICES OFFERED             304

TABLE 366            TECBRIL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             305

TABLE 367            RUST-OLEUM CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    306

TABLE 368            DIAMOND VOGEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    307

TABLE 369            RENNER HERRMANN S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    308

TABLE 370            WEILBURGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED    309

TABLE 371            EUCATEX SA INDUSTRIA E COMERCIO: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        310

TABLE 372            PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2018–2023 (USD MILLION)            312

TABLE 373            PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)            312

TABLE 374            PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2018–2023 (KILOTON)    313

TABLE 375            PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2024–2029 (KILOTON)    313

TABLE 376            PAINTS & COATINGS MARKET, BY RESIN TYPE, 2018–2023 (USD MILLION)            314

TABLE 377            PAINTS & COATINGS MARKET, BY RESIN TYPE, 2024–2029 (USD MILLION)            314

TABLE 378            PAINTS & COATINGS MARKET, BY RESIN TYPE, 2018–2023 (KILOTON)     314

TABLE 379            PAINTS & COATINGS MARKET, BY RESIN TYPE, 2024–2029 (KILOTON)     315

TABLE 380            PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2018–2023 (USD MILLION)    315

TABLE 381            PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)    315

TABLE 382            PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2018–2023 (KILOTON)             316

TABLE 383            PAINTS & COATINGS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)             316

TABLE 384            PAINTS & COATINGS MARKET, BY REGION, 2018–2023 (USD MILLION)            316

TABLE 385            PAINTS & COATINGS MARKET, BY REGION, 2024–2029 (USD MILLION)            317

TABLE 386            PAINTS & COATINGS MARKET, BY REGION, 2018–2023 (KILOTON)     317

TABLE 387            PAINTS & COATINGS MARKET, BY REGION, 2024–2029 (KILOTON)     317

LIST OF FIGURES

FIGURE 1              WOOD COATINGS MARKET SEGMENTATION AND REGIONAL SCOPE 30

FIGURE 2              WOOD COATINGS MARKET: RESEARCH DESIGN                 36

FIGURE 3              MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH         40

FIGURE 4              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         41

FIGURE 5              WOOD COATINGS MARKET SIZE ESTIMATION, BY APPLICATION             42

FIGURE 6              WOOD COATINGS MARKET SIZE ESTIMATION, BY REGION         42

FIGURE 7              WOOD COATINGS MARKET: SUPPLY-SIDE FORECAST          43

FIGURE 8              WOOD COATINGS MARKET: DEMAND-SIDE FORECAST          43

FIGURE 9              METHODOLOGY FOR SUPPLY-SIDE SIZING OF WOOD COATINGS MARKET        44

FIGURE 10            MAJOR FACTORS RESPONSIBLE FOR GLOBAL RECESSION AND THEIR

IMPACT ON MARKET     44

FIGURE 11            WOOD COATINGS MARKET: DATA TRIANGULATION             45

FIGURE 12            STAINS & VARNISHES SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD         48

FIGURE 13            SOLVENTBORNE SEGMENT ESTIMATED TO LEAD MARKET IN 2024   48

FIGURE 14            EPOXY RESIN SEGMENT PROJECTED TO LEAD WOOD COATINGS

MARKET DURING FORECAST PERIOD    49

FIGURE 15            FLOORING & DECKS APPLICATION TO GROW AT HIGHEST CAGR

DURING FORECAST PERIOD       50

FIGURE 16            NORTH AMERICA TO BE FASTEST-GROWING WOOD COATINGS MARKET        51

FIGURE 17            INCREASING DEMAND FROM NORTH AMERICA TO DRIVE MARKET

DURING FORECAST PERIOD       52

FIGURE 18            ASIA PACIFIC TO BE LARGEST MARKET IN WOOD COATINGS

DURING FORECAST PERIOD       52

FIGURE 19            FURNITURE SEGMENT ACCOUNTED FOR LARGEST SHARE OF

ASIA PACIFIC MARKET IN 2023   53

FIGURE 20            STAINS & VARNISHES SEGMENT DOMINATED WOOD COATINGS

MARKET ACROSS REGIONS IN 2023          53

FIGURE 21            CHINA TO EMERGE AS LUCRATIVE MARKET FOR WOOD COATINGS 54

FIGURE 22            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

IN WOOD COATINGS MARKET  56

FIGURE 23            WOOD COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS           61

FIGURE 24            WOOD COATINGS MARKET: SUPPLY CHAIN ANALYSIS            66

FIGURE 25            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY REGION,

2023–2030 (USD/KG)        67

FIGURE 26            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE,

2023–2030 (USD/KG)        68

FIGURE 27            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TECHNOLOGY,

2023–2030 (USD/KG)        68

FIGURE 28            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY RESIN TYPE,

2023–2030 (USD/KG)        69

FIGURE 29            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION,

2023–2030 (USD/KG)        69

FIGURE 30            AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   70

FIGURE 31            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        71

FIGURE 32            KEY BUYING CRITERIA, BY APPLICATION                 71

FIGURE 33            EXPORT DATA FOR HS CODE 3209-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)               73

FIGURE 34            IMPORT DATA FOR HS CODE 3209-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)               74

FIGURE 35            STAKEHOLDERS IN WOOD COATINGS ECOSYSTEM       84

FIGURE 36            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   85

FIGURE 37            REGISTERED PATENTS RELATED TO WOOD COATINGS, 2014–2024     87

FIGURE 38            LIST OF MAJOR PATENTS RELATED TO WOOD COATINGS, 2014–2024     87

FIGURE 39            LEGAL STATUS OF PATENTS FILED FOR WOOD COATINGS, 2014–2024     88

FIGURE 40           MAXIMUM PATENTS FILED IN US JURISDICTION, 2014–2024              88

FIGURE 41            STAINS & VARNISHES SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       98

FIGURE 42            SOLVENTBORNE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       111

FIGURE 43            EPOXY WOOD COATINGS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      122

FIGURE 44            FLOORING & DECKS APPLICATION TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       135

FIGURE 45            NORTH AMERICA TO REGISTER HIGHEST CAGR IN WOOD COATINGS MARKET BETWEEN 2024 AND 2030                 148

FIGURE 46            NORTH AMERICA: WOOD COATINGS MARKET SNAPSHOT          150

FIGURE 47            ASIA PACIFIC: WOOD COATINGS MARKET SNAPSHOT          163

FIGURE 48            EUROPE: WOOD COATINGS MARKET SNAPSHOT          183

FIGURE 49            GCC COUNTRIES TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2030               202

FIGURE 50            SOUTH AMERICA: WOOD COATINGS MARKET SNAPSHOT          219

FIGURE 51            WOOD COATINGS MARKET SHARE ANALYSIS, 2023        234

FIGURE 52            WOOD COATINGS MARKET: REVENUE ANALYSIS OF KEY PLAYERS,

2021–2023 (USD MILLION)            236

FIGURE 53            WOOD COATINGS MARKET: COMPANY VALUATION (USD BILLION)       237

FIGURE 54            WOOD COATINGS MARKET: FINANCIAL METRICS (EV/EBITDA) 237

FIGURE 55            WOOD COATINGS MARKET: BRAND/PRODUCT COMPARISON   238

FIGURE 56            WOOD COATINGS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         240

FIGURE 57            WOOD COATINGS MARKET: COMPANY FOOTPRINT       241

FIGURE 58            WOOD COATINGS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023                247

FIGURE 59            THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT          255

FIGURE 60            AKZO NOBEL N.V.: COMPANY SNAPSHOT                 260

FIGURE 61            PPG INDUSTRIES: COMPANY SNAPSHOT                 264

FIGURE 62            AXALTA COATING SYSTEMS, LLC: COMPANY SNAPSHOT          268

FIGURE 63            JOTUN: COMPANY SNAPSHOT  273

FIGURE 64            NIPPON PAINT HOLDINGS CO., LTD.: COMPANY SNAPSHOT   277

FIGURE 65            ASIAN PAINTS: COMPANY SNAPSHOT    280

FIGURE 66            KANSAI HELIOS (KANSAI PAINTS CO., LTD.): COMPANY SNAPSHOT   283

FIGURE 67            RPM INTERNATIONAL INC.: COMPANY SNAPSHOT          285

FIGURE 68            TEKNOS GROUP: COMPANY SNAPSHOT                 288