Wood coatings are coatings applied onto a wooden surface finding their use especially in the production of furniture where it typically represents 5 and 30% of the manufacturing costs. By the process of wood varnish, wooden surfaces attain enhanced appearance and increased resistance to moisture and other environmental agents such as bacteria. These wood floor finishes also make it easy to clean the surfaces and improves the hardness of the flooring. External wood coatings give low-value woods the appearance of ones that are expensive and difficult to obtain. Wood finishing, in short, offers the reliability of an effective curing agent with an added advantage of offering high resistivity. Radiation cure coatings, on the other hand, are a similar type of wood coatings in which UV energy, visible light or low energy electrons (EB) are used to form a coating as opposed to their thermal, evaporative or oxidative counterparts.
According to a recent PPG survey, 50 percent of U.S. respondents have decks and 96 percent of these respondents use their decks during the day and almost every other day. Another finding discusses that 47 percent of U.S. respondents agreed that they would prefer to do an exterior stain project themselves rather than letting the job be done by a professional. This data goes on to prove that as the furniture maintenance activities are becoming highly customizable in the form of clearance of furniture stains by hand, the performance of DIY projects and taking up of remodeling projects for the style. There is a definite need for wood coatings market and demand for wood coatings marketplace is increasing due to construction activities which also include regular maintenance activities.
Global wood coatings market worth over $9 billion in 2018
According to the analyst at IndustryARC, the global wood coatings market size value stood at $8,823 million as of 2018. The market is projected to grow with a CAGR of 6.30% during the forecast period of 2019 to 2025, and the chief region where the marketplace displayed a great demand as of 2018 was APAC, encompassing 30.76% of the global demand. The chief application segment would be furniture and fixtures business with an application CAGR of 5.30% during the forecast period of 2019-2025. The report is titled “Wood Coatings Market: By Formulation (Water Based, Solvent Based, Radiation Cured) Type of Coating/Finishes (Penetrating Finishes, Varnish, Lacquer, Others) End User Application (Food Packaging Industry, Infrastructure, Furniture, Others) & Geography - Forecast (2019 - 2025).” This report covers wood coatings market Size by Formulation and applications, wood coatings market share by top 5 companies and also the market share by start-ups during the forecast period.
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Competitive Landscape:
Companies working in the field of global wood coatings market are Akzonobel N.V., Sherwin Williams, PPG Industries, Nippon Paint Holdings, Axalta, RPM International, Kelly-Moore Paint Company Inc., Vermont Natural Coatings Inc, Weilburger Coatings GmbH and Sniezka S.A.
Wooden coatings are helping people customize their home according to their preferences. They are highly novel in approach and can resist environmental degradation of any sort opening up a lot of options for those who want to add a pinch of their own style onto the furniture in their homes.
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Related Reports:
A. Protective Coatings Market
https://www.industryarc.com/Report/18131/protective-coatings-market.html
B. Coating Resins Market
https://www.industryarc.com/Report/11680/coating-resins-market.html
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The Global Wood Coatings Market Report, with its deep industry analysis of the market, estimates the market size bifurcated into segments and regions.
The Wood Coatings market share and growth, trends estimated at the end of 2027 give a fair idea of the new opportunities coming up in the market.
The detailed key player's profile and market share analysis give a better understanding of the competitors and their business strategies.Base Year: 2020Estimated Year: 2021Forecast Till: 2027The report classifies the market into different segments based on type and product.
These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels.
The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.Get | Download FREE Sample Report of Global Wood Coatings Market @ https://www.decisiondatabases.com/contact/download-sample-476A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Wood Coatings market.
The impact is closely studied in terms of production, import, export, and supply.The report covers the complete competitive landscape of the Worldwide Wood Coatings market with company profiles of key players such as:Akzo NobelAsian PaintsBASF SEBerger Paints IndiaKansai Nerolac PaintsNippon Paint HoldingsPPG IndustriesRPM InternationalThe Sherwin-Williams CompanyTeknos GroupThe Dow Chemical CompanyAshlandWant to add more Company Profiles to the Report?
The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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I. du Pont de Nemours and CompanyEastman Chemical CompanyKuraray Co. Ltd.Nippon Synthetic Chemical Industry Co.Sekisui Chemical Co. Ltd.Sinopec Sichuan VinylonSEGMENTATIONS IN THE REPORT:By Product TypeFilament FiberStapleOtherBy ApplicationCement AdditivesTextileNon-Woven FabricBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Polyvinyl Alcohol Fibers Market @ https://www.decisiondatabases.com/contact/download-sample-52885The Global Polyvinyl Alcohol Fibers Market has been exhibited in detail in the following chapters –Chapter 1 Polyvinyl Alcohol Fibers Market PrefaceChapter 2 Executive SummaryChapter 3 Polyvinyl Alcohol Fibers Industry AnalysisChapter 4 Polyvinyl Alcohol Fibers Market Value Chain AnalysisChapter 5 Polyvinyl Alcohol Fibers Market Analysis By Product TypeChapter 6 Polyvinyl Alcohol Fibers Market Analysis By ApplicationChapter 7 Polyvinyl Alcohol Fibers Market Analysis By GeographyChapter 8 Competitive Landscape Of Polyvinyl Alcohol Fibers CompaniesChapter 9 Company Profiles Of Polyvinyl Alcohol Fibers IndustryPurchase the complete Global Polyvinyl Alcohol Fibers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-52885Other Reports by DecisionDatabases.com:Global Nanofibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Glass Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Optical Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.
The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.
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