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Eco-Friendly Coatings Drive $12.6B Wood Market Growth

1/9/2025

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Summary

Story summary

The Wood Markets Status & Trends (WMST) service offers weekly updates on North American wood products, including housing and lumber trade insights.
The global wood coatings market is valued at USD 12.6 billion in 2023, with a projected growth rate of 5.1%.
Demand for eco-friendly products is driving market expansion, with major players like Akzo Nobel and Benjamin Moore leading the way.
These companies emphasize sustainable coatings for both residential and commercial applications.

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Story summary

The Wood Markets Status & Trends (WMST) service offers weekly updates on North American wood products, including housing and lumber trade insights.
The global wood coatings market is valued at USD 12.6 billion in 2023, with a projected growth rate of 5.1%.
Demand for eco-friendly products is driving market expansion, with major players like Akzo Nobel and Benjamin Moore leading the way.
These companies emphasize sustainable coatings for both residential and commercial applications.