木器涂料市场－全球产业规模、份额、趋势、机会及预测（依树脂类型、产品类型、技术、应用、地区及竞争格局划分，2021-2031年）

全球木器涂料市场预计将从 2025 年的 129.9 亿美元成长到 2031 年的 177.2 亿美元，复合年增长率为 5.31%。

这些特殊涂料旨在保护家具、橱柜、地板材料和露台等木质基材免受潮湿和磨损等环境损害，同时提升其视觉美感。市场成长主要受快速都市化以及由此带来的住宅和商业建设活动增加所驱动，从而催生了对高性能建筑细木工饰面的需求。此外，家具製造业的持续扩张，得益于可支配收入的成长和消费者对高端室内装潢偏好的转变，也为产业持续需求提供了坚实的基础。

然而，由于市场对区域经济不稳定和住宅开工量波动十分敏感，因此面临许多挑战。建筑业生产下降和耐用消费品支出减少都可能直接抑制消费。例如，德国油漆和印刷油墨工业协会报告称，经济衰退导致2024年家具和木器涂料的需求下降了7%。这项数据凸显了该产业对宏观经济週期的敏感性，对全球永续成长构成重大障碍。

市场驱动因素

全球对木製家具和橱柜的需求不断增长，是木器涂料市场的主要驱动力。在都市化加快和消费者对高端室内美学追求的推动下，製造商正在扩大特种涂料的生产，这些涂料能够为建筑木製品提供卓越的保护和视觉深度。该产业的蓬勃发展体现在近期各公司的业绩指标中。例如，剪切机司在其2024年1月发布的「2023财年及第四季财务报告」中指出，其工业木材业务推动了高性能涂料部门的成长。同样，儘管面临经济逆风，整个产业也展现了良好的财务韧性。阿克苏诺贝尔公司在2024年2月发布的「2023财年年度报告」中显示，其按固定汇率计算的销售额增长了5%，这主要得益于其强大的定价能力，有效抵消了外汇波动的影响。

同时，严格的环境法规强制要求采用低VOC产品，这正在改变产业的技术结构。主要市场的法规结构正推动着从传统溶剂型配方向水性UV固化系统的重大转变，这种转变既能减少排放，又不影响耐久性。这种转变不仅仅是为了遵守法规，它已成为主要製造商的核心产生收入。根据PPG于2024年5月发布的《2023年永续发展报告》，该公司44%的总销售额将来自具有永续优势的产品。这清楚地表明，建立符合严格的永续发展要求和市场对环保涂料解决方案日益增长的需求的产品系列，将带来显着的财务影响。

市场挑战

全球木器涂料市场面临独特的挑战，这源自于其对区域经济稳定性和住宅市场表现的固有依赖性。当经济状况恶化或利率上升时，消费者信心通常会下降，导致住宅维修和新房屋购买计划的延迟。这种犹豫不决直接导致地板、橱柜和家具等关键木製品产量下降，进而抑制了原始设备製造商 (OEM) 和翻新商所需的涂料需求。

经济状况与涂料消费之间的这种相关性在对金融压力敏感的关键生产市场中尤其显着。据义大利家具製造商协会（Federlegno Arredo）称，受复杂的国内外环境影响，义大利木製家具产业2024年的总销售额下降了5%。义大利是家具设计和製造的重要中心，因此，产量的下降也意味着木材涂料产品需求的相应减少。这些数据表明，宏观经济压力如何转化为涂料行业的实际销售量下滑，从而在经济不确定性时期限制了其成长潜力。

市场趋势

随着製造商寻求摆脱对石化燃料的依赖，生物基和可再生树脂原料的开发代表着配方策略的根本性转变。这一趋势将植物来源成分融入高性能涂料中，在确保永续性的同时，又不影响其耐久性和美观性。这些可再生配方正日益透过严格的标准进行验证，以检验其环保声明和降低碳足迹的效果。例如，根据阿克苏诺贝尔2025年2月发布的新闻稿《阿克苏诺贝尔宣布推出生物基含量达20%的新型木器涂料》，该公司成功开发了一种水性涂料，其生物基含量达20%，并通过碳-14分析证实，同时保持了外墙建筑材料所需的优异耐候性。

同时，热敏木材粉末涂装系统的进步突破了传统热处理的限制，使得中密度纤维板 (MDF) 和天然木材等基材的涂装成为可能。低温和紫外光固化粉末技术的创新使得这些热敏材料在加工过程中不会发生翘曲，从而形成无缝、耐用的涂层，无需封边。该技术还透过最大限度地提高涂装过程中的材料利用率，提升了操作效率。根据 IGP Pulvertechnik 公司在 2025 年 7 月举行的「IGP-RAPID Days 2025」大会上的报告，该公司最新的木材粉末涂装系统可在涂装过程中回收 90% 的剩余粉末，与传统的液体涂装方法相比，显着减少了废弃物。

目录

第一章概述

第二章调查方法

第三章执行摘要

第四章：客户评价

第五章 全球木器涂料市场展望

• 市场规模及预测
  • 按金额
• 市占率及预测
  • 依树脂类型（丙烯酸树脂、聚氨酯树脂、三聚氰胺甲醛树脂、硝化纤维素树脂、其他树脂）
  • 依产品类型（着色剂、清漆、亮漆、虫胶等）
  • 按技术（水性、油性、溶剂型、其他）
  • 按用途（家具、侧板和甲板、橱柜等）
  • 按地区
  • 按公司（2025 年）
• 市场地图

6. 北美木器涂料市场展望

• 市场规模及预测
• 市占率及预测
• 北美洲：国家分析
  • 我们
  • 加拿大
  • 墨西哥

7. 欧洲木器涂料市场展望

• 市场规模及预测
• 市占率及预测
• 欧洲：国家分析
  • 德国
  • 法国
  • 英国
  • 义大利
  • 西班牙

8. 亚太地区木器涂料市场展望

• 市场规模及预测
• 市占率及预测
• 亚太地区：国家分析
  • 中国
  • 印度
  • 日本
  • 韩国
  • 澳洲

9. 中东和非洲木器涂料市场展望

• 市场规模及预测
• 市占率及预测
• 中东和非洲：国家分析
  • 沙乌地阿拉伯
  • 阿拉伯聯合大公国
  • 南非

10. 南美木器涂料市场展望

• 市场规模及预测
• 市占率及预测
• 南美洲：国家分析
  • 巴西
  • 哥伦比亚
  • 阿根廷

第十一章 市场动态

• 司机
• 任务

第十二章 市场趋势与发展

• 併购
• 产品发布
• 最新进展

第十三章 全球木器涂料市场：SWOT分析

第十四章 波特五力分析

• 产业竞争
• 新进入者的可能性
• 供应商电力
• 顾客权力
• 替代品的威胁

第十五章 竞争格局

• Akzonobel NV
• BASF SE
• The Sherwin-Williams Company
• RPM International Inc.
• The Valspar Corporation
• Ashland Inc.
• Arkema SA
• Nippon Paint Co. Ltd.
• The Dow Chemical Company
• Hempel A/S

第十六章 策略建议

第十七章：关于研究公司及免责声明

The Global Wood Coatings Market is projected to expand from USD 12.99 Billion in 2025 to USD 17.72 Billion by 2031, registering a compound annual growth rate of 5.31%. These specialized coatings are engineered to protect wooden substrates, including furniture, cabinetry, flooring, and decking, from environmental damage such as moisture and abrasion, while simultaneously enhancing their visual appeal. The market's growth is largely fueled by rapid urbanization and a corresponding rise in residential and commercial construction activities, which creates a demand for high-performance finishes for architectural joinery. Additionally, the continuous expansion of the furniture manufacturing sector, supported by increasing disposable incomes and a shift in consumer preference toward premium interiors, provides a strong foundation for sustained industry demand.

However, the market faces a significant obstacle due to its high sensitivity to regional economic instability and fluctuations in housing start rates. A downturn in construction output or a reduction in consumer spending on durable goods can directly restrict consumption volumes. For example, the German Paint and Printing Ink Industry Association reported that demand for furniture and wood coatings fell by 7% in 2024 due to prevailing economic weakness. This statistic highlights the industry's vulnerability to broader macroeconomic cycles, presenting a substantial barrier to consistent global growth.

Market Driver

The escalating global demand for wooden furniture and cabinetry acts as a primary catalyst for the wood coatings market. As urbanization intensifies and consumers place greater value on premium interior aesthetics, manufacturers are ramping up the production of specialized finishes that offer superior protection and visual depth for architectural woodwork. The vitality of this segment is reflected in recent corporate performance metrics; for instance, Sherwin-Williams noting in their '2023 Year-End and Fourth Quarter Financial Results' from January 2024 that the Industrial Wood business led growth within their Performance Coatings Group. Similarly, the broader industry has shown financial resilience despite economic headwinds, with AkzoNobel's 'Annual Report 2023' from February 2024 revealing a 5% revenue increase in constant currencies, driven by strong pricing power that effectively counterbalanced volume fluctuations.

Simultaneously, strict environmental regulations necessitating the adoption of low-VOC products are transforming the industry's technological landscape. Regulatory frameworks in key markets are compelling a decisive move away from traditional solvent-based formulations toward waterborne and UV-curable systems that reduce emissions without compromising durability. This transition is not merely for compliance but has become a central element of revenue generation for major manufacturers. According to PPG's '2023 Sustainability Report' released in May 2024, 44% of the company's total sales were derived from sustainably advantaged products, illustrating the significant financial impact of aligning portfolios with stringent sustainability mandates and the growing market preference for eco-friendly coating solutions.

Market Challenge

The Global Wood Coatings Market encounters a distinct hurdle arising from its inherent reliance on regional economic stability and the trajectory of the housing sector. When economic conditions deteriorate or interest rates rise, consumer confidence typically wavers, leading to the postponement of residential renovations and new property purchases. This hesitation precipitates a direct reduction in the manufacturing of essential wood-based assets such as flooring, cabinetry, and furniture, thereby throttling the volume of coatings required by original equipment manufacturers and refinishers.

This correlation between economic health and coating consumption is measurable in key production markets where manufacturing output is sensitive to fiscal pressure. According to FederlegnoArredo, the Italian wood furniture industry recorded a 5% decline in overall sales in 2024, driven by a complex domestic and export environment. Since Italy is a primary hub for furniture design and manufacturing, such a contraction in output signals a parallel decrease in the application of wood finishing products. This data illustrates how macroeconomic pressures translate into tangible volume losses for the coatings industry, limiting growth potential during periods of financial uncertainty.

Market Trends

The development of bio-based and renewable resin feedstocks represents a fundamental shift in formulation strategies as manufacturers seek to decouple production from fossil fuel dependency. This trend involves integrating plant-derived components into high-performance coatings, ensuring that sustainability does not compromise durability or aesthetic quality. These renewable formulations are increasingly verified through rigorous standards to validate their environmental claims and carbon footprint reductions. For instance, according to AkzoNobel's press release in February 2025 titled 'AkzoNobel introduces new wood coating with 20% bio-based content', the company successfully launched a waterborne finish containing 20% bio-based raw materials, confirmed via carbon-14 analysis, which maintains the robust weather resistance required for exterior joinery.

Concurrently, advancements in powder coating systems for heat-sensitive wood are overcoming historical thermal limitations, enabling the finishing of substrates like medium-density fiberboard (MDF) and natural timber. Innovations in low-cure and UV-cure powder technologies now allow these heat-sensitive materials to be processed without warping, offering a seamless, durable finish that eliminates edge-banding requirements. This technology also enhances operational efficiency by maximizing material utilization in the application process. According to IGP Pulvertechnik's 'IGP-RAPID Days 2025' announcement in July 2025, the company's latest powder coating systems for wood allow for the recovery of 90% of excess powder during application, drastically reducing waste compared to conventional liquid alternatives.

Key Market Players

• Akzonobel N.V.
• BASF SE
• The Sherwin-Williams Company
• RPM International Inc.
• The Valspar Corporation
• Ashland Inc.
• Arkema SA
• Nippon Paint Co. Ltd.
• The Dow Chemical Company
• Hempel A/S

Report Scope

In this report, the Global Wood Coatings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Wood Coatings Market, By Resin Type

• Acrylic
• Polyurethane
• Melamine-formaldehyde
• Nitrocellulose and Others

Wood Coatings Market, By Product Type

• Stains & Varnishes
• Lacquers
• Shellacs and Others

Wood Coatings Market, By Technology

• Water-Based
• Oil-Based
• Solvent-based and Others

Wood Coatings Market, By Application

• Furniture
• Side & Decks
• Cabinets and Others

Wood Coatings Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Wood Coatings Market.

Available Customizations:

Global Wood Coatings Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Wood Coatings Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Resin Type (Acrylic, Polyurethane, Melamine-formaldehyde, Nitrocellulose and Others)
  • 5.2.2. By Product Type (Stains & Varnishes, Lacquers, Shellacs and Others)
  • 5.2.3. By Technology (Water-Based, Oil-Based, Solvent-based and Others)
  • 5.2.4. By Application (Furniture, Side & Decks, Cabinets and Others)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Wood Coatings Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Resin Type
  • 6.2.2. By Product Type
  • 6.2.3. By Technology
  • 6.2.4. By Application
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Wood Coatings Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Resin Type
      • 6.3.1.2.2. By Product Type
      • 6.3.1.2.3. By Technology
      • 6.3.1.2.4. By Application
  • 6.3.2. Canada Wood Coatings Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Resin Type
      • 6.3.2.2.2. By Product Type
      • 6.3.2.2.3. By Technology
      • 6.3.2.2.4. By Application
  • 6.3.3. Mexico Wood Coatings Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Resin Type
      • 6.3.3.2.2. By Product Type
      • 6.3.3.2.3. By Technology
      • 6.3.3.2.4. By Application

7. Europe Wood Coatings Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Resin Type
  • 7.2.2. By Product Type
  • 7.2.3. By Technology
  • 7.2.4. By Application
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Wood Coatings Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Resin Type
      • 7.3.1.2.2. By Product Type
      • 7.3.1.2.3. By Technology
      • 7.3.1.2.4. By Application
  • 7.3.2. France Wood Coatings Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Resin Type
      • 7.3.2.2.2. By Product Type
      • 7.3.2.2.3. By Technology
      • 7.3.2.2.4. By Application
  • 7.3.3. United Kingdom Wood Coatings Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Resin Type
      • 7.3.3.2.2. By Product Type
      • 7.3.3.2.3. By Technology
      • 7.3.3.2.4. By Application
  • 7.3.4. Italy Wood Coatings Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Resin Type
      • 7.3.4.2.2. By Product Type
      • 7.3.4.2.3. By Technology
      • 7.3.4.2.4. By Application
  • 7.3.5. Spain Wood Coatings Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Resin Type
      • 7.3.5.2.2. By Product Type
      • 7.3.5.2.3. By Technology
      • 7.3.5.2.4. By Application

8. Asia Pacific Wood Coatings Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Resin Type
  • 8.2.2. By Product Type
  • 8.2.3. By Technology
  • 8.2.4. By Application
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Wood Coatings Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Resin Type
      • 8.3.1.2.2. By Product Type
      • 8.3.1.2.3. By Technology
      • 8.3.1.2.4. By Application
  • 8.3.2. India Wood Coatings Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Resin Type
      • 8.3.2.2.2. By Product Type
      • 8.3.2.2.3. By Technology
      • 8.3.2.2.4. By Application
  • 8.3.3. Japan Wood Coatings Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Resin Type
      • 8.3.3.2.2. By Product Type
      • 8.3.3.2.3. By Technology
      • 8.3.3.2.4. By Application
  • 8.3.4. South Korea Wood Coatings Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Resin Type
      • 8.3.4.2.2. By Product Type
      • 8.3.4.2.3. By Technology
      • 8.3.4.2.4. By Application
  • 8.3.5. Australia Wood Coatings Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Resin Type
      • 8.3.5.2.2. By Product Type
      • 8.3.5.2.3. By Technology
      • 8.3.5.2.4. By Application

9. Middle East & Africa Wood Coatings Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Resin Type
  • 9.2.2. By Product Type
  • 9.2.3. By Technology
  • 9.2.4. By Application
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Wood Coatings Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Resin Type
      • 9.3.1.2.2. By Product Type
      • 9.3.1.2.3. By Technology
      • 9.3.1.2.4. By Application
  • 9.3.2. UAE Wood Coatings Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Resin Type
      • 9.3.2.2.2. By Product Type
      • 9.3.2.2.3. By Technology
      • 9.3.2.2.4. By Application
  • 9.3.3. South Africa Wood Coatings Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Resin Type
      • 9.3.3.2.2. By Product Type
      • 9.3.3.2.3. By Technology
      • 9.3.3.2.4. By Application

10. South America Wood Coatings Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Resin Type
  • 10.2.2. By Product Type
  • 10.2.3. By Technology
  • 10.2.4. By Application
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Wood Coatings Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Resin Type
      • 10.3.1.2.2. By Product Type
      • 10.3.1.2.3. By Technology
      • 10.3.1.2.4. By Application
  • 10.3.2. Colombia Wood Coatings Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Resin Type
      • 10.3.2.2.2. By Product Type
      • 10.3.2.2.3. By Technology
      • 10.3.2.2.4. By Application
  • 10.3.3. Argentina Wood Coatings Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Resin Type
      • 10.3.3.2.2. By Product Type
      • 10.3.3.2.3. By Technology
      • 10.3.3.2.4. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Wood Coatings Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Akzonobel N.V.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. BASF SE
• 15.3. The Sherwin-Williams Company
• 15.4. RPM International Inc.
• 15.5. The Valspar Corporation
• 15.6. Ashland Inc.
• 15.7. Arkema SA
• 15.8. Nippon Paint Co. Ltd.
• 15.9. The Dow Chemical Company
• 15.10. Hempel A/S

16. Strategic Recommendations

17. About Us & Disclaimer