The market for comprises three different wood coatings segments: By far the largest segment is the wood furniture segment, accounting for 74 % of the global industrial wood coatings market in 2022. The largest regional market is Asia Pacific with a 58 % share of the world's demand for paints and varnishes applied to wood furniture, followed by Europe with about 25 %. The Asia Pacific region is one of the major markets for wood furniture supported by the increasing populations of China and India, in particular. ...