Wood Coating Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development and Regional Analysis
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Sep 28, 2020 (AmericaNewsHour) —
Global Wood Coating Market was valued at USD 9,889 Million in the year 2018. Global Wood Coating Market is further estimated to grow at a CAGR of 8.2% from 2019 to reach USD 17,230 Million by the year 2025. Asia-Pacific region holds the highest Market share in 2018 and Europe Market is considered as the fastest growing Market in the forecasted period. At a country level, developed Market like China holds the notable Market share in 2018 and it is projected to grow at a gradual rate in the coming years.
Segmentation done on the basis of Resin includes Polyester, Polyurethane, Nitrocellulose, and Acrylic of which the Acrylic segment is expected to hold the highest Market share during the forecast period. On the other hand, segmentation done on the basis of Technology