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R&D is a key part of this market, with manufacturing companies like Akzonobel, Valspar, Asian Paints, Sayerlack, RPM International, Sherwin-Williams, Kelly-Moore Paint, Katilac Coatings Inc., Ashoka Group, and Sterling Polymers and Chemicals along with end-product manufacturers, making high investments. The current market size of the wood coating in terms of value is estimated to be around 2.78 Million tons in 2015 and is projected to grow at a CAGR of 5.30% between 2015 and 2020. Learn more from MarketsandMarkets
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