Report Highlights
The global wood coatings market should reach $14.0 billion by 2027 from $10.6 billion in 2022 at a compound annual growth rate (CAGR) of 5.6% for the forecast period of 2022 to 2027.
Report Includes
- 114 data tables and 68 additional tables
- An up-to-date overview of the global markets for wood coatings, related products, technologies used for enabling coatings and end-use application areas
- Analyses of the global market trends, with data from 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Understanding of opportunities and innovation-driven coatings for wood technologies and applications market highlights, and the major regions and countries involved in such developments
- Evaluation and forecast the wood coatings market size, projected growth trends, and corresponding market share analysis product type, technology, end-use application, and region
- Identification of the segments with high growth potential and to understand future applications of given segments
- Examination of key trends related to applications, types and pulse durations that shape and influence the wood coating industry
- A look at the increased demand for wood coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality and environmental properties
- In-depth information on R&D investment, key technology issues, industry specific challenges, major types of end-user markets, and impact on wood coatings product sales
- Review of the new developments in wood coatings industry, value chain analysis, competitive landscape in the global market, and COVID-19 implications on the marketplace
- A relevant patent data analysis
- Descriptive company profiles of the leading global players, including Arkema, BASF SE, PPG Industries Inc., RPM International and The Sherwin-Williams Co.
Report Scope
This report provides an updated review of the wood coatings market, focusing on its product types, technologies and end-user application.
The report provides detailed analysis of key trends and opportunities impacting the market’s growth. It also analyzes the challenges faced by manufacturers of wood coatings and end-use application industries.
The report has a separate section highlighting the impact of COVID-19 on the wood coatings market at the global level. The section discusses COVID-19’s impact on wood coating supply and demand. It also provides information on the impact of prices of wood coating products post-pandemic.
The market sizes and estimations are provided in terms of volume (kilotons) and value ($ millions), considering 2021 as base year, with a market forecast for the period of 2022 to 2027. Regional market sizes, with respect to product types, technology and end-user applications are also provided. The impact of COVID-19 will be considered while estimating market sizes.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||
| Forecast period considered | 2027 | ||||||||||||||||
| Base year market size | $10.2 billion | ||||||||||||||||
| Market size forecast | $14.0 billion | ||||||||||||||||
| Growth rate | CAGR of 5.5% for the forecast period of 2022-2027 | ||||||||||||||||
| Units considered | Kilotons and $ Millions | ||||||||||||||||
| Segments covered | product types, technologies and end-user application | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
||||||||||||||||
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Global Markets for Telemedicine Technologies (HLC014M)
- Siemens: 360° Company Analysis (IFT322A)
- Thermo Fisher Scientific Inc.: 360° Company Analysis (HLC309A)
- Needle-Free Devices: Technologies and Global Markets (HLC178C)
- Koninklijke Philips N.V.: 360° Company Analysis (HLC308A)
Related Reports
Global Markets and Advanced Technologies for Paints and Coatings
The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.
Light Detection and Ranging (LiDAR): Technologies and Global Markets
The global market for light detection and ranging (LiDAR) technology should grow from $3.2 billion in 2023 to $7.0 billion by the end of 2028, at a compound annual growth rate (CAGR) of 16.5% during the forecast period of 2023-2028.
UV-Curable Coatings: Global Market
The global market for UV-curable coatings is estimated to increase from $8.2 billion in 2023 to reach $13.1 billion by 2028 with a compound annual growth rate (CAGR) of 9.6% during the forecast period of 2023-2028.
Unfinished Wood/Lumber Manufacturing: Global Markets to 2022
The global unfinished wood/lumber manufacturing market will grow from $223.1 billion in 2017 to $275.2 billion by 2022 with a compound annual growth rate (CAGR) of 4.3% for the period of 2017-2022.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Nonwoven Filter Media: Global Markets
The global market for nonwoven filter media is expected to grow from $6.6 billion in 2024 to reach $8.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 through 2029.
Global Green Steel Market
The global green steel market is expected to grow from $7.4 billion in 2024 to $19.4 billion by 2029, at a compound annual growth rate (CAGR) of 21.4% from 2024 through 2029.
Aerospace Ceramics: Global Markets to 2029
The global market for aerospace ceramics is expected to grow from $5.6 billion in 2024 to $8.2 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
2024 Advanced Materials Research Review
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. These Research Reviews include portions of several market research reports that were published in 2024.
Global Markets for Advanced Aerospace Materials
The global market for advanced aerospace materials is estimated to increase from $29.2 billion in 2024 to reach $42.9 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global market for wood coatings should grow from $9.0 billion in 2018 to $12.3 billion by 2023, increasing at a compound annual growth rate (CAGR) of 6.5% from 2018 to 2023.
Report Includes
- 75 data tables and 39 additional tables
- Detailed overview of global markets for wood coating technologies and applications
- Analyses of global market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- A look at the increased demand for wood coatings driven by customers’ expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality and environmental properties
- Characterization and quantification of market potential for wood coating technologies by product type, application area, end use industry, and major geographical regions
- Discussion of research and development, and the demand for new products and new applications
- Details covering new developments taking place in the industry with respect to continuous improvements in environmental performance
- Patent review and new developments for wood coating technologies
- Company profiles of key market players, including Arkema S.A., Asian Paints Ltd., BASF SE, Kansai Paint Co., Ltd., PPG Industries Inc., and Sherwin-Williams Company
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More