European Coatings Journal - 15.01.2021 | WOOD COATINGS MARKET REPORT

LOOKING AT OPPORTUNITIES

The wood coatings market continues to evolve on several fronts. Depending on where and how your company is positioned along the supply chain your view of this market can vary significantly. In general, there continue to be opportunities in the wood coatings market for companies that are able to successfully innovate and advance the state-of-the-art in coating formulation, technology families, and manufacturing processes which support these advancements. In 2019, Chemark estimates the overall global market for wood coatings to be EUR 8.4 billion with a projected average worldwide growth rate (pre-Covid-19) of 3.4 %. over the next 5 ...
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