The latest report by IMARC Group, titled “Waterborne Wood Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global waterborne wood coatings market growth. The global market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.88% during 2023-2028.

Waterborne wood coatings are composed of minute spheres of resin suspended in water with a slow-evaporating solvent, such as glycol ether. They aid in reducing the absorption of moisture and offer protection against scratches and changes in wood color by providing a smooth surface. They are widely used in protecting wood surfaces of furniture, deck, joinery, siding, flooring, and decorative items from environmental influences, such as harmful solar radiation and adverse climate conditions. Waterborne wood coatings are infused with anti-microbial properties that prevent bacterial and fungal growth.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/waterborne-wood-coatings-market/requestsample

Waterborne Wood Coatings Market Trends and Drivers:

Rapid urbanization is resulting in the growing residential, commercial, and industrial complexes across the globe. This, coupled with the escalating demand for seats, tables, beds, and shelves, represents one of the key factors positively influencing the market. Moreover, rising standards of living and increasing spending on home renovation and remodeling are creating a favorable market outlook worldwide. Additionally, key market players are introducing self-crosslinking polymer technologies, which improve the stain-resistant properties of the coatings. This, in confluence with the escalating demand for light-colored kitchen cabinetry to enhance the aesthetic appeal, is fueling the market growth. Apart from this, increasing investments in research and development (R&D) activities for replacing volatile organic compounds (VOCs) on account of rising environmental and health-related concerns are anticipated to drive the market.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Application:

  • Furniture
  • Decking
  • Joinery
  • Siding
  • Flooring
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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