Latin America Wood Coatings Market Volume Expected to Grow with a CAGR of 4.99% During the Forecast Period, 2019-2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Latin America Wood Coatings Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.

Market Outlook

According to this analysis, the Latin America wood coatings market is expected to progress in terms of revenue with a CAGR of 5.28% and 4.99% in terms of volume.

Brazil, Mexico, and the Rest of Latin America together constitute the wood coatings market in the Latin American region.

Increasing growth in the housing industry is the major driver for the wood coatings market. Residential households have been investing in the maintenance of their existing furniture. There is a huge potential for water-borne coatings in the region due to the increasing awareness about eco-friendly products. Moreover, a large proportion of the population has been driving the trend of hotels and restaurants, which is expected to boost the demand for various furniture items.

Wood coatings are widely used for the finishing and protection of wood and wood-based items. It helps in increasing the product life and enhance the visual cues of wooden objects, thereby helping in the growth of the market. The conventional solvent-borne coatings have a higher demand in the market owing to their quick-drying feature and low price. However, factors such as stringent environmental regulations on the use of volatile organic compounds (VOC) in the production of wood coatings restrain the growth of the wood coatings market.

Key Topics Covered:

1. Latin America Wood Coatings Market - Summary

2. Industry Outlook

2.1. Market Definition

2.2. Porter's Five Forces Model

2.2.1. Threat of New Entrants

2.2.2. Threat of Substitute

2.2.3. Bargaining Power of Buyers

2.2.4. Bargaining Power of Suppliers

2.2.5. Threat of Competitive Rivalry

2.3. Value Chain Outlook

2.4. Regulatory Outlook

2.5. Market Position Outlook

2.6. Key Insights

2.7. Market Attractiveness Index

2.8. Market Drivers

2.8.1. Rise in the Disposable Income of Consumers

2.8.2. Growth in the Construction Activities

2.9. Market Restraints

2.9.1. Rise in the Volatile Materials

2.9.2. Changing Raw Material Prices

2.10. Market Opportunities

2.10.1. Opportunities in Radiation Cure Coatings

2.10.2. Technological Advancements

2.11. Market Challenges

2.11.1. Stringent Regulations Related to the Environment

3. Wood Coatings Market Outlook - By Resin Type

3.1. Polyurethane

3.2. Nitrocellulose

3.3. Acrylics

3.4. Unsaturated Polyester

3.5. Other Resin Type

4. Wood Coatings Market Outlook - By Technology

4.1. Water-Borne

4.2. Conventional Solvent-Borne

4.3. High Solid Solvent-Borne

4.4. Powder Coating

4.5. Radiation-Cured

4.6. Other Technology

5. Wood Coatings Market Outlook - By Application

5.1. Furniture

5.2. Joinery

5.3. Flooring

5.4. Other Application

6. Wood Coatings Market - Regional Outlook

6.1. Latin America

6.1.1. Country Analysis

6.1.1.1. Brazil

6.1.1.2. Mexico

6.1.1.3. Rest of Latin America

7. Company Profiles

7.1. Axalta Coating Systems

7.2. Akzo Nobel N.V.

7.3. Benjamin Moore & Co.

7.4. Nippon Paint Holdings Co., Ltd.

7.5. Basf Se

7.6. Rpm International Inc.

7.7. Kapci Coatings

7.8. Eastman Chemical Company

7.9. Helios Coatings Inc

7.10. Dowdupont Inc.

7.11. Ppg Industries Inc.

7.12. the Sherwin-Williams Company

7.13. Ica Gruppen Ab (Ica)

7.14. Kansai Paint Co., Ltd.

7.15. Minwax Company

8. Research Methodology & Scope

8.1. Research Scope & Deliverables

8.1.1. Objectives of Study

8.1.2. Scope of Study

8.2. Sources of Data

8.2.1. Primary Data Sources

8.2.2. Secondary Data Sources

8.3. Research Methodology

8.3.1. Evaluation of Proposed Market

8.3.2. Identification of Data Sources

8.3.3. Assessment of Market Determinants

8.3.4. Data Collection

8.3.5. Data Validation & Analysis

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