Title: Wood Coating Additives Market - Forecast(2022 - 2027)
1Wood Coating Additives Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2022 -
2027)
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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 -
- orecast 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.
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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.
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- By Distribution Channel- Segment Analysis
- The solvent based system segment held the largest
share in the wood coating additives market in
2020 and is growing at a CAGR of 6 during
2021-2026. - A solvent based wood coating additives system
offers a liquid protective layer that is
primarily composed of organic compounds and
applied to a material's surface to prevent
corrosion. - They are typically more resilient than water
based wood coating additives system coatings
during the curing time.
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- Industrial Rubber Products Market Industry
Outlook - BYK Additives and Instruments,
- AkzoNobel N.V.,
- Ashland Inc.,
- BASF SE,
- DOXA Chemical,
- Arkema,
- The DOW Chemical Company,
- Sherwin-Williams,
- Nexeo Solutions.
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Wood Coating Additives Market - Forecast(2022 -
2027) Learn More About the Report _at_
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ngs-Additives-Market-Research-Report.html
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- Data Tables
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