Furniture was the leading segment in 2021, holding nearly three-fifths of total market revenue.

WILMINGTON, DE, UNITED STATES, November 24, 2025 /EINPresswire.com/ -- The Europe wood coatings market is set for notable growth, driven by improving living standards, rising consumer preference for aesthetic and protective wood finishes, and robust expansion in the building & construction sector. According to Allied Market Research, the market generated $555.1 million in 2021 and is projected to reach $1.01 billion by 2031, registering a CAGR of 6.3% from 2021 to 2031.

However, raw material price volatility poses a challenge to market expansion, while the growing adoption of radiation-cured coatings presents attractive opportunities for future growth.

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Market Segmentation Highlights:-

1. By Resin Type

- Polyurethane dominated in 2021 with nearly two-fifths of the market share.
- Acrylic is projected to grow the fastest, recording a CAGR of 6.7% through 2031.

2. By Technology

- Conventional solid solvent-borne coatings accounted for the largest share in 2021, contributing nearly one-third of the market.
- Waterborne coatings are expected to expand the fastest with a CAGR of 7.1%.

3. By Application

- Furniture was the leading segment in 2021, holding nearly three-fifths of total market revenue.
- Joinery applications are forecast to exhibit the fastest growth, with a CAGR of 6.7%.

Key Market Players:-

Major companies operating in the Europe wood coatings market include:

- Akzo Nobel N.V.
- Axalta Coating Systems
- BASF SE
- Jotun
- Eastman Chemical Company
- Kansai Paint Co., Ltd.
- Wendel Group
- PPG Industries Inc.
- Tikkurila OYJ
- Teknos Group

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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