Summary

MARKET OUTLOOK
As per Triton’s research report, the Latin America wood coatings market will register revenue growth at a CAGR of 4.56% during 2024-2032. Mexico, Brazil, and the Rest of Latin America are reviewed in the report.
The wood coatings market in Mexico has seen significant growth in recent years, fueled by robust construction and furniture manufacturing sectors. With an increasing emphasis on environmental sustainability and regulations promoting eco-friendly products, there is a notable shift towards water-based and UV-curable coatings.
Moreover, advancements in technology have led to the development of innovative coatings with enhanced durability and aesthetic appeal. As the nation continues to be a key player in the wood coatings market, collaborations between local manufacturers and international companies are driving further innovation.
On the other hand, the market in Argentina has witnessed steady growth, supported by rising demand in the residential and commercial sectors. The latest developments indicate a shift towards eco-friendly and sustainable coatings, influencing manufacturers to invest in R&D to formulate water-based and low-VOC coatings. Additionally, advancements in technology have led to the development of innovative coatings with enhanced durability and performance, which further drive the market.

COMPETITIVE OUTLOOK
Some of the leading companies in the wood coatings market include BASF SE, Diamond Paints, RPM International Inc, and Axalta Coating Systems LLC.

ページTOPに戻る

Table of Contents

TABLE OF CONTENTS
1. LATIN AMERICA WOOD COATINGS MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. PORTER’S FIVE FORCES ANALYSIS
2.1.1. THREAT OF NEW ENTRANTS
2.1.2. THREAT OF SUBSTITUTES
2.1.3. BARGAINING POWER OF BUYERS
2.1.4. BARGAINING POWER OF SUPPLIERS
2.1.5. THREAT OF COMPETITIVE RIVALRY
2.2. MARKET MATURITY ANALYSIS
2.3. SUPPLY CHAIN ANALYSIS
2.3.1. RAW MATERIAL SOURCING AND PROCESSING
2.3.2. PRODUCT INNOVATION AND TECHNOLOGY DEVELOPMENT
2.3.3. SUPPLY CHAIN MANAGEMENT AND MARKET DISTRIBUTION
2.3.4. CUSTOMER SUPPORT AND MAINTENANCE SERVICES
2.4. REGULATORY FRAMEWORK
2.5. KEY BUYING IMPACT ANALYSIS
2.5.1. COATING PERFORMANCE AND WOOD COMPATIBILITY
2.5.2. COST-EFFECTIVENESS AND VALUE ALIGNMENT FOR WOOD SURFACE APPLICATIONS
2.5.3. RELIABILITY AND LONGEVITY OF COATINGS ON WOOD SURFACES
2.5.4. SUPPLIER TRACK RECORD AND WOOD COATING EXPERTISE
2.6. KEY MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT LAUNCHES
2.6.3. ACQUISITIONS
2.6.4. BUSINESS DIVESTITURES & EXPANSIONS
2.7. MARKET DRIVERS
2.7.1. INCREASING DEMAND FROM THE BUILDING AND CONSTRUCTION SECTOR
2.7.2. UPTICK IN SPENDING ON HOME ENHANCEMENTS DUE TO RISE IN INCOME
2.7.3. RISING DEMAND FOR ECO-FRIENDLY PRODUCTS SOURCED FROM RENEWABLES
2.8. MARKET CHALLENGES
2.8.1. VARIABLE RAW MATERIAL COSTS IMPACT PRODUCTION EXPENSES
2.8.2. ENVIRONMENTAL REGULATIONS LIMIT SPECIFIC CHEMICALS
2.8.3. COMPETITION FROM COMPOSITE MATERIALS AND PLASTICS
2.9. MARKET OPPORTUNITIES
2.9.1. TAILORED SOLUTIONS FOR APPLICATIONS SUCH AS FLOORING AND FURNITURE
2.9.2. EMERGENCE OF SMART COATINGS WITH SELF-HEALING AND ANTIMICROBIAL PROPERTIES
2.9.3. IMPROVED COATING PERFORMANCE THROUGH NANOTECHNOLOGY
2.10. ANALYST PERSPECTIVE
3. LATIN AMERICA WOOD COATINGS MARKET – BY RESIN TYPE
3.1. NITROCELLULOSE
3.2. POLYURETHANE
3.3. ACRYLIC
3.4. OTHER RESIN TYPES
4. LATIN AMERICA WOOD COATINGS MARKET – BY TECHNOLOGY
4.1. POWDER COATINGS
4.2. WATER-BORNE
4.3. UV-CURED
4.4. SOLVENT-BORNE
5. LATIN AMERICA WOOD COATINGS MARKET – BY APPLICATION
5.1. FURNITURE AND FIXTURE
5.2. CABINET
5.3. FLOORING
5.4. DOORS AND WINDOW
5.5. DECK
6. LATIN AMERICA WOOD COATINGS MARKET – REGIONAL OUTLOOK
6.1. BRAZIL
6.1.1. BRAZIL WOOD COATINGS MARKET FORECAST & PROSPECTS
6.2. MEXICO
6.2.1. MEXICO WOOD COATINGS MARKET FORECAST & PROSPECTS
6.3. REST OF LATIN AMERICA
6.3.1. REST OF LATIN AMERICA WOOD COATINGS MARKET FORECAST & PROSPECTS
7. COMPETITIVE LANDSCAPE
7.1. PPG INDUSTRIES INC
7.1.1. OVERVIEW
7.1.2. PRODUCT PORTFOLIO
7.1.3. KEY STRENGTH
7.1.4. KEY CHALLENGE
7.2. NIPPON PAINT HOLDINGS CO LTD
7.2.1. OVERVIEW
7.2.2. PRODUCT PORTFOLIO
7.2.3. KEY STRENGTHS
7.2.4. KEY CHALLENGE
7.3. ASIAN PAINTS
7.3.1. OVERVIEW
7.3.2. PRODUCT PORTFOLIO
7.3.3. KEY STRENGTH
7.3.4. KEY CHALLENGE
7.4. THE SHERWIN-WILLIAMS COMPANY
7.4.1. OVERVIEW
7.4.2. PRODUCT PORTFOLIO
7.4.3. KEY STRENGTHS
7.4.4. KEY CHALLENGE
7.5. RPM INTERNATIONAL INC
7.5.1. OVERVIEW
7.5.2. PRODUCT PORTFOLIO
7.5.3. KEY STRENGTHS
7.5.4. KEY CHALLENGES
7.6. DIAMOND PAINTS
7.6.1. OVERVIEW
7.6.2. PRODUCT PORTFOLIO
7.6.3. KEY STRENGTHS
7.6.4. KEY CHALLENGE
7.7. AXALTA COATING SYSTEMS LLC
7.7.1. OVERVIEW
7.7.2. PRODUCT PORTFOLIO
7.7.3. KEY STRENGTHS
7.7.4. KEY CHALLENGE
7.8. BASF SE
7.8.1. OVERVIEW
7.8.2. PRODUCT PORTFOLIO
7.8.3. KEY STRENGTHS
7.8.4. KEY CHALLENGES
7.9. KANSAI HELIOS
7.9.1. OVERVIEW
7.9.2. PRODUCT PORTFOLIO
7.9.3. KEY STRENGTHS
7.9.4. KEY CHALLENGES
7.10. AKZO NOBEL NV
7.10.1. OVERVIEW
7.10.2. PRODUCT PORTFOLIO
7.10.3. KEY STRENGTHS
7.10.4. KEY CHALLENGES
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

LIST OF TABLES
TABLE 1: LATIN AMERICA WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF COLLABORATIONS
TABLE 4: LIST OF PRODUCT LAUNCHES
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: LIST OF BUSINESS DIVESTITURES & EXPANSIONS
TABLE 7: LATIN AMERICA WOOD COATINGS MARKET, BY RESIN TYPE, 2024-2032 (IN $ MILLION)
TABLE 8: LATIN AMERICA WOOD COATINGS MARKET, BY TECHNOLOGY, 2024-2032 (IN $ MILLION)
TABLE 9: LATIN AMERICA WOOD COATINGS MARKET, BY APPLICATION, 2024-2032 (IN $ MILLION)
TABLE 10: LATIN AMERICA WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)

LIST OF FIGURES
FIGURE 1: MARKET MATURITY ANALYSIS
FIGURE 2: SUPPLY CHAIN ANALYSIS
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: LATIN AMERICA WOOD COATINGS MARKET, BY RESIN TYPE, 2023 & 2032 (IN %)
FIGURE 5: LATIN AMERICA WOOD COATINGS MARKET, BY NITROCELLULOSE, 2024-2032 (IN $ MILLION)
FIGURE 6: LATIN AMERICA WOOD COATINGS MARKET, BY POLYURETHANE, 2024-2032 (IN $ MILLION)
FIGURE 7: LATIN AMERICA WOOD COATINGS MARKET, BY ACRYLIC, 2024-2032 (IN $ MILLION)
FIGURE 8: LATIN AMERICA WOOD COATINGS MARKET, BY OTHER RESIN TYPES, 2024-2032 (IN $ MILLION)
FIGURE 9: LATIN AMERICA WOOD COATINGS MARKET, BY TECHNOLOGY, 2023 & 2032 (IN %)
FIGURE 10: LATIN AMERICA WOOD COATINGS MARKET, BY UV-CURED, 2024-2032 (IN $ MILLION)
FIGURE 11: LATIN AMERICA WOOD COATINGS MARKET, BY WATER-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 12: LATIN AMERICA WOOD COATINGS MARKET, BY POWDER COATINGS, 2024-2032 (IN $ MILLION)
FIGURE 13: LATIN AMERICA WOOD COATINGS MARKET, BY SOLVENT-BORNE, 2024-2032 (IN $ MILLION)
FIGURE 14: LATIN AMERICA WOOD COATINGS MARKET, BY APPLICATION, 2023 & 2032 (IN %)
FIGURE 15: LATIN AMERICA WOOD COATINGS MARKET, BY DOORS AND WINDOW, 2024-2032 (IN $ MILLION)
FIGURE 16: LATIN AMERICA WOOD COATINGS MARKET, BY FURNITURE AND FIXTURE, 2024-2032 (IN $ MILLION)
FIGURE 17: LATIN AMERICA WOOD COATINGS MARKET, BY CABINET, 2024-2032 (IN $ MILLION)
FIGURE 18: LATIN AMERICA WOOD COATINGS MARKET, BY FLOORING, 2024-2032 (IN $ MILLION)
FIGURE 19: LATIN AMERICA WOOD COATINGS MARKET, BY DECK, 2024-2032 (IN $ MILLION)
FIGURE 20: LATIN AMERICA WOOD COATINGS MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 21: BRAZIL WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE 22: MEXICO WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)
FIGURE 23: REST OF LATIN AMERICA WOOD COATINGS MARKET 2024-2032 (IN $ MILLION)