Wood Coating Resins Market Report 2026

The wood coating resins market size has grown strongly in recent years. It will grow from $4.59 billion in 2025 to $4.87 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of furniture manufacturing industry, rising residential construction activities, increasing use of decorative wood coatings, growth of flooring applications, availability of advanced resin technologies.

The wood coating resins market size is expected to see strong growth in the next few years. It will grow to $6.06 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to rising demand for eco-friendly wood finishes, expansion of modular furniture production, increasing focus on high-performance coatings, growing investments in sustainable resin development, rising adoption in interior design applications. Major trends in the forecast period include increasing adoption of waterborne wood coatings, rising demand for durable furniture finishes, growing use of polyurethane and acrylic resins, expansion of low-emission wood protection systems, enhanced focus on surface aesthetics and protection.

The growing number of hotels and restaurants is expected to propel the growth of the wood coating resin market. Hotels provide lodging along with additional services such as dining and recreation, while restaurants primarily serve food and beverages for on-site consumption. The rise in hotels and restaurants is driven by increasing global tourism, urbanization, and changing consumer preferences for dining and travel experiences. Wood coating resins are essential in these establishments to protect wooden surfaces from wear, moisture, and stains, while enhancing durability and maintaining aesthetic appeal in high-traffic areas. For instance, in September 2023, according to Amadeus IT Group SA, a Spain-based travel technology company, global hotel occupancy levels in 2023 were trending 10% ahead of 2022, with Q4 on-the-books reservations up 11% year-over-year. Therefore, the growing number of hotels and restaurants is driving the growth of the wood coating resin market.

Major market players are focusing on developing eco-friendly exterior coating products to maintain a competitive edge. For instance, in February 2024, Covestro, a Germany-based manufacturer of high-tech materials, launched its Waterborne Coating Solutions. These waterborne resins offer a sustainable alternative to traditional solvent-based coatings, reducing volatile organic compounds (VOCs) by up to three times while maintaining performance. Additionally, the coatings improve production efficiency, increasing line speeds by 50-60% and allowing higher throughput without significant capital investment.

In February 2024, KANSAI HELIOS, an Austria-based coatings manufacturer and part of the Kansai Paint Group, acquired WEILBURGER Coatings for an undisclosed amount. This acquisition aims to strengthen KANSAI HELIOS’s presence in high-performance industrial coatings, broaden technological capabilities, and expand its portfolio across specialized segments including non-stick, high-temperature, and railway coatings. WEILBURGER Coatings GmbH, based in Germany, is recognized for its expertise in innovative coating systems serving industrial, transportation, and specialty end-use applications.

Major companies operating in the wood coating resins market are BASF SE, Dow Inc., Arkema SA, Covestro AG, Allnex Group, Evonik Industries AG, DIC Corporation, Mitsui Chemicals Inc., Eastman Chemical Company, Lanxess AG, Huntsman Corporation, Wacker Chemie AG, Akzo Nobel N.V., PPG Industries Inc., Synthomer plc, Trinseo plc, Hexion Inc., SABIC, Ashland Global Holdings, Polynt-Reichhold Group.

Asia-Pacific was the largest region in the wood coating resins market in 2025. The regions covered in the wood coating resins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wood coating resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The wood coating resign market consists of sales of solvent borne, high-solids, radiation cure and water borne resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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