Portland, OR -- (SBWire) -- 10/11/2017 --Rise in disposable income and change in lifestyle patterns in emerging countries, such as China, India, Brazil, Middle East, and Africa, have fueled the demand for building renovation & remodeling, which drive the growth of the global Furniture Lacquer Market.
The advantage of acrylic lacquer over nitrocellulose lacquer is its significantly rapid drying time. Increase in environmental- and health-related risks have led to the development of water-based lacquers. It is extensively used in wood furniture finishing, but does have combustibility issues as that of solvent-based lacquers.
It is dispersed in solvent, which evaporates quickly by curing process leaving a hard, durable finish on the furniture. Solvent-based lacquer such as nitrocellulose lacquer cures slow, which makes the finishing process, touch-up, or repair easier and more controllable. It is produced from the nitration of cotton and other cellulosic materials, which produce high shine, providing hard, flexible, and durable finish. Acrylic lacquer provides enhanced adhesion to metals, and has high resistance to UV ray and water.
Rise in preference for eco-friendly, nontoxic products and increase in environmental awareness among the consumers have supplemented the demand for water-based furniture lacquer. However, solvent-based furniture lacquer is witnessing a downturn, owing to stringent government regulations and environmental policies due to presence of volatile organic compounds (VOCs).
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Furniture Lacquer Market Segmentation:
By Type
Solvent Based
Nitrocellulose Lacquers
Acrylic Lacquers
Water Based
By Application
Wood Furniture
Metal Furniture
The global furniture lacquer market is segmented based on type, application, and geography. On the basis of type, the market is bifurcated into solvent-based lacquers and water-based lacquers. The solvent-based lacquers segment is further divided into nitrocellulose lacquer and acrylic lacquer. Application covered on the study include wood furniture and metal furniture. The report analyzes the market trends in different geographies, which include North America, Europe, Asia-Pacific, and LAMEA.
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