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Latin America Wood Coatings Resin Market

Latin America Wood Coatings Resin Market

  • Category:Chemicals and Materials
  • Published on : 21 October 2024
  • Pages :205
  • Formats:
  • Report Code:SMR-8013704
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Wood Coatings Resin Market Size, Share 2024


Market size in 2024 US$ 378 million
Forecast Market size by 2030 US$ 521 million
Growth Rate CAGR of 5.5% Number of Pages 205 Pages

The Latin America Wood Coatings Resin market size was valued at US$ 378 million in 2024 and is projected to reach US$ 521 million by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.

Wood coatings resins are polymeric materials used as binders in wood finishes, providing protection, aesthetics, and enhanced durability to wood surfaces.

The Latin American wood coatings resin market is experiencing steady growth, driven by the furniture industry and construction sector. Brazil, Mexico, and Colombia account for 65% of the regional market. In 2023, the furniture manufacturing industry consumed 50% of wood coatings resins in Latin America. The market saw a 14% increase in demand for water-based acrylic resins in 2023, driven by environmental regulations and consumer preferences. Use of UV-curable resins is growing at 10% annually. Key players are investing in developing bio-based resins, with a 20% year-over-year increase in R&D spending on renewable raw materials. The industry is also witnessing a trend towards high-performance hybrid resins, with a 25% rise in product launches combining different resin technologies for optimized properties.

Report Includes

This report is an essential reference for who looks for detailed information on Latin America Wood Coatings Resin. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Wood Coatings Resin, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Latin America Wood Coatings Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Coatings Resin. This report contains market size and forecasts of Wood Coatings Resin in Latin America, including the following market information:

We surveyed the Wood Coatings Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil

•    Mexico

•    Argentina

•    Chile

•    Colombia

•    Peru

•    Venezuela

by Products type:

•    Polyurethane

•    Acrylic Resin

•    Epoxy Resin

•    Alkyd Resin

•    Polyester Resin

•    Nitrocellulose Resin

•    Other

by Application:

•    Furniture

•    Doors and Windows

•    Flooring

•    Decoration

•    Cabinets

•    Wood Instrument

•    Children's Toys

•    Other

key players include: (At least 8-10 companies included)

•    Akzo Nobel N.V.

•    Sherwin-Williams Company

•    BASF SE

•    DuPont

•    PPG Industries, Inc.

•    RPM International Inc.

•    Arkema Group

•    Axalta Coating Systems

•    Kansai Paint Co., Ltd.

•    Nippon Paint Holdings Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Wood Coatings Resin revenues in Latin America market, 2019-2024 (Estimated), ($ millions)

•    Key companies Wood Coatings Resin revenues share in Latin America market, 2023 (%)

•    Key companies Wood Coatings Resin sales in Latin America market, 2019-2024 (Estimated),

•    Key companies Wood Coatings Resin sales share in Latin America market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Latin America and country-wise market of Wood Coatings Resin

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Wood Coatings Resin capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Wood Coatings Resin manufacturers

•    Wood Coatings Resin forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.

Report Attributes Report Details
Report Title Latin America Wood Coatings Resin Market
Market size in 2024 US$ 378 million
Forecast Market size by 2030 US$ 521 million
Growth Rate CAGR of 5.5%
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2023
Forecast Year 2031
Number of Pages 205 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

1 Market Overview    



1.1 Product Overview and Scope of Wood Coatings Resin 



1.2 Segment by Type    



1.2.1 Latin America Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Polyurethane    

1.2.3 Acrylic Resin

1.2.4 Epoxy Resin

1.2.5 Alkyd Resin

1.2.6 Polyester Resin

1.2.7 Nitrocellulose Resin

1.2.8 Other


1.3 Segment by Application  



1.3.1 Latin America Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Furniture

1.3.3    Doors and Windows

1.3.4    Flooring

1.3.5    Decoration

1.3.6    Cabinets

1.3.7    Wood Instrument

1.3.8    Children's Toys

1.3.9    Other

1.4 Latin America Market Growth Prospects    

1.4.1 Latin America Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Latin America Production Estimates and Forecasts (2019-2030)  



2 Latin America Growth Trends    



2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    



3 Market Competition by Manufacturers  



3.1 Latin America Production by Manufacturers (2019-2023)    

3.2 Latin America Revenue Market Share by Manufacturers (2019-2023)    

3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)    

3.4 Latin America Average Price by Manufacturers (2019-2023)    

3.5 Manufacturers Production Sites, Area Served, Product Type    

3.6 Market Competitive Situation and Trends    

3.6.1 Market Concentration Rate    

3.6.2 Latin America 5 and 10 Largest Players Market Share by Revenue    

3.6.3 Mergers & Acquisitions, Expansion  



4 Production by Region



4.1 Latin America Production    

4.1.1 Latin America Production YoY Growth Rate (2019-2023)    

4.1.2 Latin America Production, Revenue, Price and Gross Margin (2019-2024)  



5 Consumption by Region  



5.1 Latin America    

5.1.1 Latin America Consumption by Country    

5.1.2 Latin America Sales, Consumption, Export, Import (2019-2023)    

5.1.1 Brazil    

5.2.2 Mexico

5.3.3 Argentina

5.4.4 Chile

5.5.5 Colombia

5.6.6 Peru

5.7.7 Venezuela


6 Segment by Type   



6.1 Latin America Production Market Share by Type (2019-2024)    

6.2 Latin America Revenue Market Share by Type (2019-2024)    

6.3 Latin America Price by Type (2019-2024) 



7 Segment by Application  



7.1 Latin America Production Market Share by Application (2019-2024)    

7.2 Latin America Revenue Market Share by Application (2019-2024)    

7.3 Latin America Price by Application (2019-2024)  



8 Key Companies Profiled    



8.1 Akzo Nobel N.V.    

8.1.1 Akzo Nobel N.V. Corporation Information    

8.1.2 Akzo Nobel N.V. Product Portfolio    

8.1.3 Akzo Nobel N.V. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.1.4 Akzo Nobel N.V. Main Business and Markets Served    

8.1.5 Akzo Nobel N.V. Recent Developments/Updates    

8.2 Sherwin-Williams Company    

8.2.1 Sherwin-Williams Company Corporation Information    

8.2.2 Sherwin-Williams Company Product Portfolio    

8.2.3 Sherwin-Williams Company Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.2.4 Sherwin-Williams Company Main Business and Markets Served    

8.2.5 Sherwin-Williams Company Recent Developments/Updates    

8.3 BASF SE    

8.3.1 BASF SE Corporation Information    

8.3.2 BASF SE Product Portfolio    

8.3.3 BASF SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.3.4 BASF SE Main Business and Markets Served    

8.3.5 BASF SE Recent Developments/Updates    

8.4 DuPont    

8.4.1 DuPont Corporation Information    

8.4.2 DuPont Product Portfolio    

8.4.3 DuPont Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.4.4 DuPont Main Business and Markets Served    

8.4.5 DuPont Recent Developments/Updates    

8.5 PPG Industries, Inc.    

8.5.1 PPG Industries, Inc. Corporation Information    

8.5.2 PPG Industries, Inc. Product Portfolio    

8.5.3 PPG Industries, Inc. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.5.4 PPG Industries, Inc. Main Business and Markets Served    

8.5.5 PPG Industries, Inc. Recent Developments/Updates    

8.6 RPM International Inc.    

8.6.1 RPM International Inc. Corporation Information    

8.6.2 RPM International Inc. Product Portfolio    

8.6.3 RPM International Inc. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.6.4 RPM International Inc. Main Business and Markets Served    

8.6.5 RPM International Inc. Recent Developments/Updates    

8.7 Arkema Group    

8.7.1 Arkema Group Corporation Information    

8.7.2 Arkema Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.7.3 Arkema Group Main Business and Markets Served    

8.7.4 Arkema Group Recent Developments/Updates    

8.8 Axalta Coating Systems    

8.8.1 Axalta Coating Systems Corporation Information    

8.8.2 Axalta Coating Systems Product Portfolio    

8.8.3 Axalta Coating Systems Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.8.4 Axalta Coating Systems Main Business and Markets Served    

8.8.5 Axalta Coating Systems Recent Developments/Updates    

8.9 Kansai Paint Co., Ltd.    

8.9.1 Kansai Paint Co., Ltd. Corporation Information    

8.9.2 Kansai Paint Co., Ltd. Product Portfolio    

8.9.3 Kansai Paint Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.9.4 Kansai Paint Co., Ltd. Main Business and Markets Served    

8.9.5 Kansai Paint Co., Ltd. Recent Developments/Updates    

8.10 Nippon Paint Holdings Co., Ltd.    

8.10.1 Nippon Paint Holdings Co., Ltd. Corporation Information    

8.10.2 Nippon Paint Holdings Co., Ltd. Product Portfolio    

8.10.3 Nippon Paint Holdings Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.10.4 Nippon Paint Holdings Co., Ltd. Main Business and Markets Served    

8.10.5 Nippon Paint Holdings Co., Ltd. Recent Developments/Updates    


9 Manufacturing Cost Analysis    



9.1 Key Raw Materials Analysis    

9.1.1 Key Raw Materials    

9.1.2 Key Suppliers of Raw Materials    

9.2 Proportion of Manufacturing Cost Structure    

9.3 Manufacturing Process Analysis of Wood Coatings Resin    

9.4 Industrial Chain Analysis    



10 Marketing Channel, Distributors and Customers  



 10.1 Marketing Channel    

10.2 Distributors List    

10.3 Customers    



11 Market Dynamics



11.1 Industry Trends    

11.2 Market Drivers    

11.3 Market Challenges    

11.4 Market Restraints    



12 Production and Supply Forecast



12.1 Latin America Production, Revenue Forecast (2024-2030)    



13 Consumption and Demand Forecast  



 13.1 Latin America Forecasted Consumption of by Country    



14 Forecast by Type and by Application  



14.1 Latin America Production, Revenue and Price Forecast by Type (2024-2030)    

14.1.1 Latin America Forecasted Production of by Type (2024-2030)    

14.1.2 Latin America Forecasted Revenue of by Type (2024-2030)    

14.1.3 Latin America Forecasted Price of by Type (2024-2030)    

14.2 Latin America Production, Revenue and Price Forecast by Application (2024-2030)    

14.2.1 Latin America Forecasted Production of by Application (2024-2030)    

14.2.2 Latin America Forecasted Revenue of by Application (2024-2030)    

14.2.3 Latin America Forecasted Price of by Application (2024-2030)  



15 Research Findings and Conclusion   



16 Methodology and Data Source    



16.1 Methodology/Research Approach    

16.1.1 Research Programs/Design    

16.1.2 Market Size Estimation    

16.1.3 Market Breakdown and Data Triangulation    

16.2 Data Source    

16.2.1 Secondary Sources    

16.2.2 Primary Sources    

16.3 Author List    

16.4 Disclaimer    



17 Appendix    



17.1 Note    

17.2 Examples of Clients    

LIST OF TABLES & FIGURES



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