Wood Coatings Market Overview (2022-2032)

Lencolo 2023-02-11 775

The wood coatings market is anticipated to garner a modest strength with a CAGR of 5.9% during 2022-2032.

“The key driver of the wood coatings market is the expansion of the housing market as spending on maintenance of decks, fences, flooring, and siding is rising.”

Stringent regulations, increased competition, a rise in unique formulations, and new product advancements are some of the reasons driving the growth of the wood coatings industry.

However, the availability of less expensive and higher-quality replacements, such as wood composites and plastic wood, may limit the wood coatings market's growth.

Attributes	Details
Wood Coatings Market Value by 2025	US$ 11.7 Bn
Wood Coatings Market CAGR (2022-2032)	5.9%

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