
Increasing investment in the furniture industry is cited as a key factor driving the sales of wood preservative coatings. Moreover, rise in construction activities across the globe has also been influencing the demand for wood preservative coatings of late. Future Market Insights (FMI) delivers such vital information in its latest report on the global wood preservative coatings market. Over the years, application of wood preservative coatings has significantly increased in general industries, decorative, aerospace, coil packaging, auto refinish and special wood coating. The coatings industry is experiencing a shift towards adoption of new technologies such as UV and water-borne, thermosetting emulsion, powder coatings, high-solids, two component systems and colloidal dispersion. The arrival of eco-wood coating products is expected to further boost the global coatings market that was valued at US$ 125 Bn in 2016.