Product Code: 3150
US demand to rise 5.3% annually through 2018
US demand for wood protection coatings and preservatives is expected to expand
5.3 percent per year to $5.1 billion in 2018. Growth in this industry is
primarily driven by trends in key wood protection product applications such as
furniture, decking, and siding. Because many of these applications are closely
tied to construction activity levels, rebounds in both new and improvement and
repair construction spending will propel sales of wood coatings and
preservatives. The ongoing adoption of higher priced versions -- e.g.,
combined paint and primer or stain and sealer coating products -- will also
boost value gains.
Even faster growth for wood protection products will be restrained by
pressures on the market base of wood products. For instance, wood faces
competition from alternative materials, such as woodplastic composites and
plastics, which are often more durable and require less maintenance.
Additionally, newer types of wood protection products last longer and are
effective with fewer coats or less initial treatment, further restraining
volume gains.
Coatings to remain dominant over preservatives
Coatings (e.g., stains, paints, sealers, primers) account for the majority of
wood protection product demand, with stains and paints holding the two largest
shares. Re-coatings for maintenance projects account for the larger share of
the market than do coatings used on new products. Maintenance uses helped
support sales of coatings during the recession and slow recovery between 2008
and 2013, even as demand for new coatings fell over that period. Through 2018,
improvements in new construction and consumer spending trends will boost
increases in demand for wood protection coatings, particularly for new uses.
Preservatives, which are applied to lumber by wood treatment companies,
account for the smaller portion of wood protection demand. Although alkaline
copper quaternary (ACQ) was initially the most popular substitute for chromate
copper arsenate (CCA) in residential end uses, copper azole's share of demand
grew to account for the largest share of preservative sales by 2013. Sales
were fueled in particular by the availability of micronized formulations,
which are less corrosive than conventional versions.
Windows & doors, cabinets to lead gains by application
Among applications, paint is the dominant wood protection product used on
siding and windows and doors, but stains and sealers are more widely utilized
on decks, cabinets, furniture, and flooring. Additionally, outdoor
applications are more likely to use pressure treated or otherwise preserved
wood. In 2013, furniture, decking, and siding were the three largest
applications in value terms. However, the smaller windows and doors and
cabinets applications will achieve faster growth through 2018.
Manufacturing to be fastest growing market
Residential end uses make up the largest market for wood protection products,
driven primarily by maintenance demand for items such as decks, siding, and
fences. Manufacturer applied coatings and preservatives also account for a
significant share of demand, with nonresidential and nonbuilding uses holding
much smaller shares. The manufacturing market will grow the fastest through
2018, boosted by the recovery in construction activity and consumer spending.
Study coverage
This Freedonia industry study, Wood Protection Coatings & Preservatives,
presents historical demand data for 2003, 2008 and 2013, plus forecasts for
2018 and 2023 by product, application and market. The study also considers
market environment factors, evaluates company market share and profiles 27 US
industry players.
This study can help you:
- Determine your market & sales potential
- Learn more about industry competitors
- Assess new products & technologies
- Identify firms to merge with or acquire
- Complement your research & planning
- Gather data for presentations
- Confirm your own internal data
- Make better business decisions
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Environment
- Demographic Trends
- Consumer Income & Spending
- Construction Trends
- Construction Expenditures
- Construction Stock
- Building Construction
- Residential Building Construction
- Housing Outlook
- Housing Stock
- Improvement & Repair
- Nonresidential Building Construction
- Institutional
- Office & Commercial
- Industrial
- Transportation & Other
- Improvement & Repair
- Nonbuilding Construction
- Manufacturing Outlook
- Historical Market Trends
- Pricing Trends
- Regulatory & Environmental Issues
- Volatile Organic Emissions
- Chromated Copper Arsenate
- Timber Harvesting & Other Environmental Issues
- Solid Waste Recycling
- International Activity & Foreign Trade
III. WOOD INDUSTRY OVERVIEW
- General
- Lumber
- Wood Product Trends
- Wood Treatment Trends
- Competitive Materials
IV. PRODUCTS
- General
- Coatings
- Demand by Formulation
- Demand by Application & End Use
- Demand by Type
- Stains
- Paints
- Sealers
- Primers
- Other Wood Coatings
- Preservatives
- Demand by Application
- Demand by Type
- Metallic Compounds
- Copper Azole
- Alkaline Copper Quaternary
- Chromated Copper Arsenate
- Other Metallic Compounds
- Nonmetallic Compounds
- Creosote
- Pentachlorophenol
- Other Nonmetallic Compounds
V. APPLICATIONS
- General
- New Demand
- Maintenance Demand
- Furniture
- Industry Outlook
- Wood Protection Coatings & Preservatives Demand
- Decking
- Industry Outlook
- Wood Protection Coatings & Preservatives Demand
- Residential
- Nonresidential
- Nonbuilding
- Manufacturer-Applied
- Siding
- Industry Outlook
- Wood Protection Coatings & Preservatives Demand
- Residential
- Nonresidential
- Manufacturer-Applied
- Fencing
- Industry Outlook
- Wood Protection Coatings & Preservatives Demand
- Windows & Doors
- Industry Outlook
- Wood Protection Coatings Demand
- Cabinets
- Industry Outlook
- Wood Protection Coatings Demand
- Flooring
- Industry Outlook
- Wood Protection Coatings Demand
- Other Applications
- Railway Products
- Utility Poles
- Roofing
- Landscaping Products
- All Other Applications
VI. MARKETS
- General
- Building Construction
- Residential Construction
- Nonresidential Construction
- Nonbuilding Construction
- Manufacturer-Applied Markets
VII. INDUSTRY STRUCTURE
- General
- Market Share
- Competitive Strategies
- Mergers & Acquisitions
- Cooperative Agreements
- Distribution
- Marketing
- Research & Development
COMPANY PROFILES
- Akzo Nobel NV
- Arch Chemicals, see Lonza Group
- Arkema SA
- Ashland Incorporated
- Axalta Coating Systems LLC
- BASF SE
- Becker Acroma Industrial Wood Coatings, see Sherwin-Williams
- Behr Process, see Masco
- Benjamin Moore and, see Berkshire Hathaway
- Berkshire Hathaway Incorporated
- Cabot, see Valspar
- California Products Corporation
- Chemical Coatings, see RPM International
- Color Wheel Paint Manufacturing, see Sherwin-Williams
- Comex Group, see Sherwin-Williams
- Complementary Coatings, see Berkshire Hathaway
- Consorcio Comex SA de CV
- Deft, see PPG Industries
- Diamond Vogel Paints
- Dow Chemical Company
- Dr. Wolman, see BASF
- Duckback Products, see Sherwin-Williams
- Dutch Boy Group, see Sherwin-Williams
- Frazee Industries, see Sherwin-Williams
- Fuhr Industrial, see RPM International
- Gemini Coatings Incorporated
- Guardian Protection Products, see RPM International
- Hempel A/S
- Industria Chimica Adriatica SpA
- IVM Group
- Kelly-Moore Paint Company Incorporated
- KMG Chemicals Incorporated
- Kop-Coat, see RPM International
- Koppers Holdings Incorporated
- Kwal Paint, see Sherwin-Williams
- Lonza Group Limited
- Lubrizol, see Berkshire Hathaway
- Masco Corporation
- Masterchem Industries, see Masco
- Minwax, see Sherwin-Williams
- Modern Masters, see RPM International
- Mohawk Finishing Products, see RPM International
- Old Masters, see Diamond Vogel Paints
- Osmose Holdings Incorporated
- Parker Paint Manufacturing, see Sherwin-Williams
- PPG Industries Incorporated
- Pratt & Lambert Paints, see Sherwin-Williams
- Progress Brands, see California Products
- Rio Tinto Group
- Rockwood Holdings Incorporated
- Royal DSM NV
- RPM International Incorporated
- Rust-Oleum, see RPM International
- Sartomer USA, see Arkema
- Sayerlack, see Sherwin-Williams
- Sherwin-Williams Company
- Stella-Jones Incorporated
- Synta, see RPM International
- Thompson's, see Sherwin-Williams
- Tremco, see RPM International
- Valspar Corporation
- Viance, see Dow Chemical and Rockwood Holdings
- Vogel Industrial Wood Coatings, see Diamond Vogel Paints
- Westfield Coatings, see RPM International
- XIM Products, see RPM International
- Zinsser, see RPM International
- Other Companies Mentioned in Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- Macroeconomic Indicators
- Population & Households
- Personal Consumption Expenditures
- Construction Expenditures
- Construction Stock
- Building Construction Expenditures
- Residential Building Construction Expenditures
- New Housing Indicators
- Housing Stock by Type
- Residential Improvement & Repair Expenditures
- Nonresidential Building Construction Expenditures
- Nonresidential Building Improvement & Repair Expenditures
- Nonbuilding Construction Expenditures
- Manufacturers' Shipments
- Wood Protection Coatings & Preservatives Market, 2003-2013
- Wood Protection Coatings & Preservatives Pricing
SECTION III -- WOOD INDUSTRY OVERVIEW
- Lumber Supply & Demand
- Wood Product Shipments
- Wood Preservation Revenues
SECTION IV -- PRODUCTS
- Wood Protection Coatings & Preservatives Demand
- Wood Coatings Demand
- Wood Coatings Demand by Formulation
- Wood Coatings Demand by Application & End Use
- Wood Coatings Demand by Type
- Wood Stain Demand by Application & End Use
- Wood Paint Demand by Application & End Use
- Wood Sealer Demand by Application & End Use
- Wood Primer Demand by Application & End Use
- Other Wood Coatings Demand by Application & End Use
- Wood Preservatives Demand by Formulation
- Wood Preservatives Demand by Application
- Wood Preservatives Demand by Type
- Metallic Compound Demand by Type & Application
- Copper Azole Demand by Application
- Alkaline Copper Quaternary Demand by Application
- Chromated Copper Arsenate Demand by Application
- Other Metallic Compound Demand by Type & Application
- Nonmetallic Compound Demand by Type & Application
- Creosote Demand by Application
- Pentachlorophenol Demand
- Other Nonmetallic Compound Demand
SECTION V -- APPLICATIONS
- Wood Protection Coatings & Preservatives Demand by Application & End Use
- New Applications for Wood Protection
- Coatings & Preservatives
- Maintenance Applications for Wood Protection
- Coatings & Preservatives
- Furniture Shipments
- Furniture Applications for Wood Protection
- Coatings & Preservatives by Product & Market
- Decking Demand by Material
- Decking Applications for Wood Protection
- Coatings & Preservatives by Product & Market
- Residential Decking Applications for Wood Protection Coatings
- Nonresidential Decking Applications for Wood Protection Coatings
- Nonbuilding Decking Applications for Wood Protection Coatings
- Manufacturer-Applied Decking Applications for Wood Protection Preservatives
- Siding Demand by Material
- Siding Applications for Wood Protection
- Coatings & Preservatives
- Residential Siding Applications for Wood Protection Coatings
- Nonresidential Siding Applications for Wood Protection Coatings
- Manufacturer-Applied Siding Applications for Wood Protection Coatings &
Preservatives
- Fencing Supply & Demand
- Fencing Applications for Wood Protection
- Coatings & Preservatives
- Window & Door Supply & Demand
- Window & Door Applications for Wood Protection Coatings
- Cabinet Shipments & Materials
- Cabinet Applications for Wood Protection Coatings
- Hard Surface Flooring Shipments by Material
- Flooring Applications for Wood Protection Coatings
- Other Applications for Wood Protection
- Coatings & Preservatives
SECTION VI -- MARKETS
- Wood Protection Coatings & Preservatives Demand by Market
- Building Construction Market for Wood Protection Coatings & Preservatives
by Application, End Use, & Sector
- Residential Building Construction Market for Wood Protection
- Coatings & Preservatives by End Use
- Nonresidential Building Construction Market for Wood
- Protection Coatings & Preservatives by End Use
- Nonbuilding Construction Market for Wood Protection
- Coatings & Preservatives by Application & End Use
- Manufacturer-Applied Market for Wood Protection
- Coatings & Preservatives by Application
SECTION VII -- INDUSTRY STRUCTURE
- US Wood Coatings & Preservatives Sales by Company, 2013
- Selected Acquisitions & Divestitures
- Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- Year of Construction of Housing Stock, 2013
- Wood Protection Coatings & Preservatives Market, 2004-2013
SECTION IV -- PRODUCTS
- Wood Coatings Demand by Application, 2013
- Wood Coatings Demand by Type, 2013
- Wood Preservatives Demand by Formulation, 2003-2023
- Wood Preservatives Demand by Technology, 2013
- Wood Preservatives Demand by Application, 2013
- Wood Preservatives Demand by Type, 2003-2023
- Metallic Compound Demand by Type, 2003-2023
SECTION V -- APPLICATIONS
- Wood Protection Coatings & Preservatives Demand by Application, 2013
- New Demand for Wood Protection
- Coatings & Preservatives, 2013
- Maintenance Demand for Wood Protection
- Coatings & Preservatives, 2013
SECTION VI -- MARKETS
- Wood Protection Coatings & Preservatives Demand by Market, 2013
SECTION VII -- INDUSTRY STRUCTURE
- US Wood Coatings & Preservatives Market Share, 2013
- US Wood Coatings Market Share, 2013
- US Wood Preservatives Market Share, 2013
- Wood Protection Coatings Sales by Distribution Outlet, 2013
