Title: Wood Coating Additives Market - Forecast(2021 - 2026)
1Wood Coating Additives Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Wood coating additives market size is forecast
to reach 870 million by 2026, after growing at a
CAGR of 6 during 2021-2026 forecast
period, owing to the increasing usage of wood
coating additives such as nanofibrillated
cellulose in various applications to protect the
wood from bacteria, and other harmful organisms,
and artificial weathering. - In addition, coating additives enhance the
appearance and longevity of coated surfaces,
while increasing the substrate wetting, mar and
gloss retention, intumescent retardant, chemical,
UV, and corrosion resistance. The rapid growth of
the infrastructure industry has increased the
demand for wood coating additives thereby,
fueling the market growth.
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Key Takeaways Asia-Pacific dominates the wood
coating additives market, owing to the increasing
building infrastructure activities in the APAC
due to various government initiatives such as
100 smart cities and Housing for all by
2022. The primary purpose of using coating
additives in wood is to manufacture superior
quality wood surfaces. Additives are often used
in wood coatings for a variety of purposes such
as better stabilization, hygiene, and decoration
of wood. The coating additives also add some
extensive properties to the wooden material such
as moisture-resistant, anti-bacterial solution,
improved hardness, better appearance, and more.
These enhanced properties of wood coating
additives are projected to increase the market
growth.
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By Distribution Channel- Segment Analysis The
Rheology modifier segment held a significant
share in the wood coating additives market in
2020. For the optimal application of coatings on
wood, it is necessary to adjust the rheology
profile of the coating with the help of rheology
modifiers. This can be managed by using
associative thickeners based on polyurethanes.
Polyurethane thickeners can be used solely or in
combination with each other as well as with other
types of thickeners
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- Wood Coating Additives Market Industry Outlook
- BYK Additives and Instruments,
- AkzoNobel N.V
- Ashland Inc
- BASF SE
- Arkema
- The DOW Chemical Company
- Sherwin-Williams
- Nexeo Solutions
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Wood Coating Additives Market - Forecast(2021 -
2026) Learn More About the Report _at_
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ings-Additives-Market-Research-Report.html
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