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Bangalore, Karnataka, India, 2016/01/29 - Vendors in the chemical industry are making concerted efforts to employ sustainable processes that have minimal impact on the environment. Such activities include the development of eco-friendly products.
Wood Coatings Market in Europe 2015-2019
The following companies as the key players in the Wood Coatings Market in Europe: Akzo Nobel, DAW, Jotun, PPG Industries, Sniezka, Tikkurila Oyj and Valspar
Other Prominent Vendors in the market are: Benjamin Moore, Drywood Coatings, Feyco Treffert, Helios, ICA Group, IVM Chemicals, KAPCI Coatings, Renner, RPM International, Sherwin-Williams, Sirca and Weilburger Coatings
Commenting on the report “Vendors in the chemical industry are making concerted efforts to employ sustainable processes that have minimal impact on the environment. Such activities include the development of eco-friendly products, which also help vendors gain a competitive edge. R&D of eco-friendly products is not a new concept in the industry; however, the sources used for developing these products provide new dimensions for the growth of vendors. The use of bio-based or renewable monomers, such as diols, is being explored in UV cured wood coatings for exterior applications.”
According to the market research reports, MDF is a composite panel manufactured by combining wood fiber and resin. Many solvent-borne and water-borne MDF coatings are available in the market. However, recent technological advances have made it possible to use powder coating products on MDF. MDF vendors are increasingly opting for thermoset powder coatings over liquid-based alternatives as they offer better durability and design freedom. Additionally, life cycle assessment studies have found that powder-coated MDF has a lower carbon and ecological footprint than solvent-borne and water-borne coating systems. Powder-coated MDF products are used in end-use markets such as office furniture, institutional furniture, and kitchen cabinets.
Further, the research report states that the lack of product focus in the market is hindering the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market research platform of Report Xplore (reportxplore.com) publishes periodic market research reports on niche and emerging technologies.