Product Code: ETC353065 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand wood coatings market is closely linked to the country`s thriving furniture and construction industries. Wood coatings are essential for protecting and enhancing the aesthetic appeal of wooden surfaces, making them a crucial component in interior and exterior design. The market offers a variety of coatings, including stains, varnishes, and paints, catering to the diverse needs of the woodworking sector. With ongoing urbanization and a focus on sustainable construction practices, the wood coatings market is expected to continue growing as it adapts to changing environmental regulations and consumer preferences.
The Thailand wood coatings market is experiencing significant growth driven by several key factors. Firstly, the country`s vibrant construction and real estate sectors have created a consistent demand for wood coatings for interior and exterior applications. The increasing focus on enhancing the aesthetics and durability of wooden surfaces in residential and commercial buildings has further driven market growth. Moreover, the government`s support for environmentally friendly coatings and regulations promoting low-VOC (volatile organic compounds) products has shifted consumer preferences towards eco-friendly wood coatings. Additionally, innovations in coating technology, such as UV-cured coatings, have gained popularity for their efficiency and reduced environmental impact.
Challenges in the Thailand wood coatings market encompass environmental regulations, product innovation, and competition. Adhering to stringent environmental regulations and transitioning to eco-friendly coatings is essential but may require substantial investment. Continuous research and development to create coatings that offer superior protection and aesthetics while minimizing environmental impact is also a challenge. Intense competition from both domestic and international manufacturers adds to market pressures.
The Thailand wood coatings market experienced challenges during the pandemic as construction and furniture industries faced delays and reduced investments. The demand for wood coatings in these applications declined temporarily. However, as the construction sector resumed activities and consumer preferences shifted towards home improvement, the market for wood coatings began to recover. The market`s resurgence has been influenced by the need for durable and aesthetically pleasing wood finishes.
In the Thailand Wood Coatings market, major players have established themselves as experts in protective and decorative wood finishes. Companies like Nippon Paint (Thailand) Co., Ltd., AkzoNobel Coatings (Thailand) Ltd., and TOA Paint (Thailand) Co., Ltd. are renowned for their wood coating solutions, making them leaders in this segment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Wood Coatings Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Wood Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Wood Coatings Market - Industry Life Cycle |
3.4 Thailand Wood Coatings Market - Porter's Five Forces |
3.5 Thailand Wood Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Thailand Wood Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Thailand Wood Coatings Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Thailand Wood Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable wood coating products |
4.2.2 Growth in the construction and furniture industries in Thailand |
4.2.3 Rising disposable income and changing consumer preferences towards aesthetic appeal of wood products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent environmental regulations and compliance requirements |
4.3.3 Competition from alternative materials such as plastic and metal coatings |
5 Thailand Wood Coatings Market Trends |
6 Thailand Wood Coatings Market, By Types |
6.1 Thailand Wood Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Wood Coatings Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Thailand Wood Coatings Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Thailand Wood Coatings Market Revenues & Volume, By Acrylics, 2021-2031F |
6.1.5 Thailand Wood Coatings Market Revenues & Volume, By Nitrocellulose, 2021-2031F |
6.1.6 Thailand Wood Coatings Market Revenues & Volume, By Unsaturated Polyester, 2021-2031F |
6.1.7 Thailand Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Wood Coatings Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Thailand Wood Coatings Market Revenues & Volume, By Waterborne, 2021-2031F |
6.2.3 Thailand Wood Coatings Market Revenues & Volume, By Conventional Solid Solvent Borne, 2021-2031F |
6.2.4 Thailand Wood Coatings Market Revenues & Volume, By High Solid Solvent Borne, 2021-2031F |
6.2.5 Thailand Wood Coatings Market Revenues & Volume, By Powder Coating, 2021-2031F |
6.2.6 Thailand Wood Coatings Market Revenues & Volume, By Radiation Cured, 2021-2031F |
6.2.7 Thailand Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Wood Coatings Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Wood Coatings Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Thailand Wood Coatings Market Revenues & Volume, By Joinery, 2021-2031F |
6.3.4 Thailand Wood Coatings Market Revenues & Volume, By Flooring, 2021-2031F |
6.3.5 Thailand Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Wood Coatings Market Import-Export Trade Statistics |
7.1 Thailand Wood Coatings Market Export to Major Countries |
7.2 Thailand Wood Coatings Market Imports from Major Countries |
8 Thailand Wood Coatings Market Key Performance Indicators |
8.1 Percentage of revenue from new eco-friendly wood coating products |
8.2 Number of new construction projects using wood coatings |
8.3 Customer satisfaction rating for wood coating aesthetics and durability |
9 Thailand Wood Coatings Market - Opportunity Assessment |
9.1 Thailand Wood Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Thailand Wood Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Thailand Wood Coatings Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Thailand Wood Coatings Market - Competitive Landscape |
10.1 Thailand Wood Coatings Market Revenue Share, By Companies, 2024 |
10.2 Thailand Wood Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |