According to a new report published by Transparency Market Research, the furniture coatings market will record significant growth owing to the rise in demand for these coatings in the residential sector and renovation activities across the globe. The report titled, “Furniture Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” anticipates that the global market will grow remarkably during the forecast period due to increase in demand for sustainable products in interior applications and growth in demand for low odor and higher durability coatings.

Furniture coatings are protective coatings that provide high gloss and long-lasting finish. Furniture coatings are used on table and chairs, bed frames, armoires, bath vanity, cupboards, kitchen furniture, and office furniture. These coatings protect furniture from changes in temperature, exposure to chemicals, liquids, dirt-build up, and scratches. Coatings applied over the furniture possess properties such as quick drying, sanding & stackability, chemical and mechanical resistance, and superior tannin blocking. Polyurethane and poly-acrylic based coatings are commonly employed to protect furniture.

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The report has segmented the global furniture coatings market based on resin, application technology, and region. On the basis of resin, the global furniture coatings market is segmented into polyurethane, acrylic, alkyd, and vinyl/styrene. Different resin coatings are applied depending upon applications. Easy curability and quick drying are the key reasons why polyurethane is preferred. In terms of application, the furniture coatings market is split into residential and commercial. Furniture coatings are used in table and chairs, bed frames, armoires, bath vanity, cupboards, and kitchen furniture under the residential segment.

Based on technology, the global furniture coatings market is divided into water-based, solvent-based, and powder-based technologies. Water-based technology is anticipated to offer immense growth opportunities in the next few years. Water-based technology is more environmentally-friendly compared to the solvent-based technology, as it helps lower the emission of volatile organic compounds. Demand for powder-based technology is also rising owing to the zero emission of volatile organic compounds.

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