Wood Paints And Coatings Market Estimated To Witness High Growth Owing To Increasing Residential Construction Activities & Growing Renovation & Remodeling Projects
Wood Paints And Coatings Market The Wood Paints And Coatings Market is estimated to be valued at US$ 9.04 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Wood paints and coatings are used extensively in constructions, furniture, and other wooden applications for aesthetic appeal and protection. They provide a decorative appealing finish and protects wooden surfaces from environmental damages like moisture, UV radiation, extreme temperatures etc. Wood paints and coatings come in different varieties like stains, varnishes, lacquers, primers etc suited for various wooden applications. Market Dynamics: The market is expected to grow at a significant rate owing to increasing residential construction activities and growing renovation & remodeling projects across the globe. Residential construction has increased substantially in developing regions of...