Abstract
Summary
Lacquer is a protective coating consisting of a resin, cellulose ester, or both, dissolved in a volatile solvent, sometimes with pigment added.
LPI (LP Information)' newest research report, the “Lacquer Industry Forecast” looks at past sales and reviews total world Lacquer sales in 2022, providing a comprehensive analysis by region and market sector of projected Lacquer sales for 2023 through 2029. With Lacquer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lacquer industry.
This Insight Report provides a comprehensive analysis of the global Lacquer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lacquer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lacquer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lacquer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lacquer.
The global Lacquer market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Lacquers continue to be the preferred finishes for woodworking owing to a bevy of advantages. Among the various types of lacquers available to end-users, demand for nitrocellulose continues to be the highest, on account of its competitive pricing and quick drying features.
This report presents a comprehensive overview, market shares, and growth opportunities of Lacquer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solvent-based Lacquer
Water-based Lacquer
Segmentation by application
Automotive
Construction
Furniture
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PPG Industries
Akzo Nobel
Sherwin-Williams
BASF
Asian Paints
Axalta Coating
Berger Paints
Berkshire Hathaway
Carpoly Chemical
Chugoku Marine Paints
Cloverdale Paint
Consorcio Comex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lacquer market?
What factors are driving Lacquer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lacquer market opportunities vary by end market size?
How does Lacquer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Lacquer Industry Forecast” looks at past sales and reviews total world Lacquer sales in 2022, providing a comprehensive analysis by region and market sector of projected Lacquer sales for 2023 through 2029. With Lacquer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lacquer industry.
This Insight Report provides a comprehensive analysis of the global Lacquer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lacquer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lacquer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lacquer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lacquer.
The global Lacquer market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Lacquers continue to be the preferred finishes for woodworking owing to a bevy of advantages. Among the various types of lacquers available to end-users, demand for nitrocellulose continues to be the highest, on account of its competitive pricing and quick drying features.
This report presents a comprehensive overview, market shares, and growth opportunities of Lacquer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solvent-based Lacquer
Water-based Lacquer
Segmentation by application
Automotive
Construction
Furniture
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PPG Industries
Akzo Nobel
Sherwin-Williams
BASF
Asian Paints
Axalta Coating
Berger Paints
Berkshire Hathaway
Carpoly Chemical
Chugoku Marine Paints
Cloverdale Paint
Consorcio Comex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lacquer market?
What factors are driving Lacquer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lacquer market opportunities vary by end market size?
How does Lacquer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lacquer Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Lacquer by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Lacquer by Country/Region, 2018, 2022 & 2029
2.2 Lacquer Segment by Type
2.2.1 Solvent-based Lacquer
2.2.2 Water-based Lacquer
2.3 Lacquer Sales by Type
2.3.1 Global Lacquer Sales Market Share by Type (2018-2023)
2.3.2 Global Lacquer Revenue and Market Share by Type (2018-2023)
2.3.3 Global Lacquer Sale Price by Type (2018-2023)
2.4 Lacquer Segment by Application
2.4.1 Automotive
2.4.2 Construction
2.4.3 Furniture
2.4.4 Others
2.5 Lacquer Sales by Application
2.5.1 Global Lacquer Sale Market Share by Application (2018-2023)
2.5.2 Global Lacquer Revenue and Market Share by Application (2018-2023)
2.5.3 Global Lacquer Sale Price by Application (2018-2023)
3 Global Lacquer by Company
3.1 Global Lacquer Breakdown Data by Company
3.1.1 Global Lacquer Annual Sales by Company (2018-2023)
3.1.2 Global Lacquer Sales Market Share by Company (2018-2023)
3.2 Global Lacquer Annual Revenue by Company (2018-2023)
3.2.1 Global Lacquer Revenue by Company (2018-2023)
3.2.2 Global Lacquer Revenue Market Share by Company (2018-2023)
3.3 Global Lacquer Sale Price by Company
3.4 Key Manufacturers Lacquer Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Lacquer Product Location Distribution
3.4.2 Players Lacquer Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Lacquer by Geographic Region
4.1 World Historic Lacquer Market Size by Geographic Region (2018-2023)
4.1.1 Global Lacquer Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Lacquer Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Lacquer Market Size by Country/Region (2018-2023)
4.2.1 Global Lacquer Annual Sales by Country/Region (2018-2023)
4.2.2 Global Lacquer Annual Revenue by Country/Region (2018-2023)
4.3 Americas Lacquer Sales Growth
4.4 APAC Lacquer Sales Growth
4.5 Europe Lacquer Sales Growth
4.6 Middle East & Africa Lacquer Sales Growth
5 Americas
5.1 Americas Lacquer Sales by Country
5.1.1 Americas Lacquer Sales by Country (2018-2023)
5.1.2 Americas Lacquer Revenue by Country (2018-2023)
5.2 Americas Lacquer Sales by Type
5.3 Americas Lacquer Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lacquer Sales by Region
6.1.1 APAC Lacquer Sales by Region (2018-2023)
6.1.2 APAC Lacquer Revenue by Region (2018-2023)
6.2 APAC Lacquer Sales by Type
6.3 APAC Lacquer Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Lacquer by Country
7.1.1 Europe Lacquer Sales by Country (2018-2023)
7.1.2 Europe Lacquer Revenue by Country (2018-2023)
7.2 Europe Lacquer Sales by Type
7.3 Europe Lacquer Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lacquer by Country
8.1.1 Middle East & Africa Lacquer Sales by Country (2018-2023)
8.1.2 Middle East & Africa Lacquer Revenue by Country (2018-2023)
8.2 Middle East & Africa Lacquer Sales by Type
8.3 Middle East & Africa Lacquer Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Lacquer
10.3 Manufacturing Process Analysis of Lacquer
10.4 Industry Chain Structure of Lacquer
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Lacquer Distributors
11.3 Lacquer Customer
12 World Forecast Review for Lacquer by Geographic Region
12.1 Global Lacquer Market Size Forecast by Region
12.1.1 Global Lacquer Forecast by Region (2024-2029)
12.1.2 Global Lacquer Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Lacquer Forecast by Type
12.7 Global Lacquer Forecast by Application
13 Key Players Analysis
13.1 PPG Industries
13.1.1 PPG Industries Company Information
13.1.2 PPG Industries Lacquer Product Portfolios and Specifications
13.1.3 PPG Industries Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 PPG Industries Main Business Overview
13.1.5 PPG Industries Latest Developments
13.2 Akzo Nobel
13.2.1 Akzo Nobel Company Information
13.2.2 Akzo Nobel Lacquer Product Portfolios and Specifications
13.2.3 Akzo Nobel Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Akzo Nobel Main Business Overview
13.2.5 Akzo Nobel Latest Developments
13.3 Sherwin-Williams
13.3.1 Sherwin-Williams Company Information
13.3.2 Sherwin-Williams Lacquer Product Portfolios and Specifications
13.3.3 Sherwin-Williams Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Sherwin-Williams Main Business Overview
13.3.5 Sherwin-Williams Latest Developments
13.4 BASF
13.4.1 BASF Company Information
13.4.2 BASF Lacquer Product Portfolios and Specifications
13.4.3 BASF Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 BASF Main Business Overview
13.4.5 BASF Latest Developments
13.5 Asian Paints
13.5.1 Asian Paints Company Information
13.5.2 Asian Paints Lacquer Product Portfolios and Specifications
13.5.3 Asian Paints Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Asian Paints Main Business Overview
13.5.5 Asian Paints Latest Developments
13.6 Axalta Coating
13.6.1 Axalta Coating Company Information
13.6.2 Axalta Coating Lacquer Product Portfolios and Specifications
13.6.3 Axalta Coating Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Axalta Coating Main Business Overview
13.6.5 Axalta Coating Latest Developments
13.7 Berger Paints
13.7.1 Berger Paints Company Information
13.7.2 Berger Paints Lacquer Product Portfolios and Specifications
13.7.3 Berger Paints Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Berger Paints Main Business Overview
13.7.5 Berger Paints Latest Developments
13.8 Berkshire Hathaway
13.8.1 Berkshire Hathaway Company Information
13.8.2 Berkshire Hathaway Lacquer Product Portfolios and Specifications
13.8.3 Berkshire Hathaway Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Berkshire Hathaway Main Business Overview
13.8.5 Berkshire Hathaway Latest Developments
13.9 Carpoly Chemical
13.9.1 Carpoly Chemical Company Information
13.9.2 Carpoly Chemical Lacquer Product Portfolios and Specifications
13.9.3 Carpoly Chemical Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Carpoly Chemical Main Business Overview
13.9.5 Carpoly Chemical Latest Developments
13.10 Chugoku Marine Paints
13.10.1 Chugoku Marine Paints Company Information
13.10.2 Chugoku Marine Paints Lacquer Product Portfolios and Specifications
13.10.3 Chugoku Marine Paints Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Chugoku Marine Paints Main Business Overview
13.10.5 Chugoku Marine Paints Latest Developments
13.11 Cloverdale Paint
13.11.1 Cloverdale Paint Company Information
13.11.2 Cloverdale Paint Lacquer Product Portfolios and Specifications
13.11.3 Cloverdale Paint Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Cloverdale Paint Main Business Overview
13.11.5 Cloverdale Paint Latest Developments
13.12 Consorcio Comex
13.12.1 Consorcio Comex Company Information
13.12.2 Consorcio Comex Lacquer Product Portfolios and Specifications
13.12.3 Consorcio Comex Lacquer Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 Consorcio Comex Main Business Overview
13.12.5 Consorcio Comex Latest Developments
14 Research Findings and Conclusion