Global Alkyd Resin Market Report 2024

Alkyd Resin Global Market Report 2024 – By Type (Oil Based, Modified, Water Reducible, Other Types), By Resin Type (Non Drying Alkyd Resins, Drying Alkyd Resins, Semi Drying Alkyd Resins), By Formulation Type (High Solids Alkyds, Waterborne Alkyds, Modifying Alkyds, Solvent Borne Coatings, Powder Coatings, Other Formulation Types), By Application (Coil Coatings, Electrical Insulating Enamels, Maintenance Paint, Automotive Refinishing Primers, Exterior Trim Paints, Packaging, Drum And Metal Container Coating, Other Applications), By End Use (Automotive Industry, Architecture Industry, Marine Industry, Food And Beverage Industry, Appliances, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Alkyd Resin Global Market Report 2024

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Alkyd Resin Market Definition

Alkyd resin is a synthetic polyester resin derived from polyols (glycerol), dibasic acids (such as phthalic anhydride), and fatty acids (often from natural oils). It is commonly used in paints, coatings, and varnishes due to its excellent durability, adhesion, and gloss retention. Alkyd resins can be modified to vary their properties, such as drying time or hardness, and are typically oil-based, meaning they cure by reacting with oxygen in the air.

The main types of alkyd resins are oil-based, modified, water-reducible, and others. Oil-based alkyd resins are synthetic resins made from oil, alcohol, and acid, used in paints and coatings for their durability and flexibility. It includes various resin types such as non-drying alkyd resins, drying alkyd resins, and semi-drying alkyd resins, which are made up of various formulations including high-solids alkyds, waterborne alkyds, modifying alkyds, solvent-borne coatings, powder coatings, and others. These resins find applications in coil coatings, electrical insulating enamels, maintenance paint, automotive refinishing primers, exterior trim paints, packaging, drum and metal container coating, and others, and cater to various end users, including the automotive industry, architecture industry, marine industry, food and beverage industry, appliances, and others.

Alkyd Resin Market Segmentation

The alkyd resin market covered in this report is segmented –

1) By Type: Oil Based, Modified, Water Reducible, Other Types

2) By Resin Type: Non Drying Alkyd Resins, Drying Alkyd Resins, Semi Drying Alkyd Resins

3) By Formulation Type: High Solids Alkyds, Waterborne Alkyds, Modifying Alkyds, Solvent Borne Coatings, Powder Coatings, Other Formulation Types

4) By Application: Coil Coatings, Electrical Insulating Enamels, Maintenance Paint, Automotive Refinishing Primers, Exterior Trim Paints, Packaging, Drum And Metal Container Coating, Other Applications

5) By End Use: Automotive Industry, Architecture Industry, Marine Industry, Food And Beverage Industry, Appliances, Other End Users

Global Alkyd Resin Market Size 2023 to 2028: Graph

Alkyd Resin Market Size 2024 And Growth Rate

The alkyd resin market size has grown strongly in recent years. It will grow from $23.12 billion in 2023 to $24.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the industrialization of manufacturing processes, the expansion of the construction industry, the evolution of solvent-based coatings, increased awareness of product longevity, and the rise of consumer preferences for high-quality finishes.

Alkyd Resin Market Growth Forecast

The alkyd resin market size is expected to see strong growth in the next few years. It will grow to $33.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for eco-friendly coatings, growth in the construction and automotive industries, rising awareness of environmental regulations, and the expansion of the furniture and woodworking markets. Major trends in the forecast period include increasing use of sustainable raw materials, advancements in formulations for improved performance, a shift towards low-emission products, demand in the decorative and protective coatings, and smart coatings with added functionalities.

Alkyd Resin Market Driver: Automotive Industry Growth Fuels Demand For Durable Coating Solutions

The growing automotive industry is expected to propel the growth of the alkyd resin market going forward. The automotive industry refers to the sector involved in designing, producing, and selling motor vehicles, including cars, trucks, and motorcycles. The automotive industry is expanding due to the rising demand for electric vehicles (EVs) as consumers shift towards eco-friendly transportation solutions supported by government incentives. Alkyd resins are essential in the automotive industry due to their excellent durability and high-gloss finish, providing vehicles with long-lasting protection and a visually appealing surface. For instance, in July 2023, according to the Society of Motor Manufacturers and Traders, a UK-based trade association, British car production surged by 11.7% in the first half of 2023, reaching 450,168 units, with plug-in hybrid (PHEV) and battery electric vehicles (BEVs) increasing by 71.6% to a record 170,231 units as of June, marking the fifth consecutive month of growth. Therefore, the growing automotive industry is driving the growth of the alkyd resin market.

Global Alkyd Resin Market Major Players

Major companies operating in the alkyd resin market are Umicore Cobalt and Specialty Materials, Covestro AG, Solvay Group, Arkema SA, Eastman Chemical Company, Nippon Paint Co Ltd., Wacker Chemie AG, Huntsman Corporation, DIC Corporation, Polynt SpA, Macro Polymers Pvt Ltd., Hempel A/S, Amura Polymers Pvt Ltd., SpecialChem, Synthopol, Synthesia a.s., Subham Oils and Resins Pvt Ltd., Megara Resins, Dial4Trade, Neo-Pack Plast, Oman CHEMICAL, Orson Resins and Coatings Pvt Ltd., Prestige Coating Ltd., Uniform Synthetics, Krishna Resins and Pigments Pvt Ltd

Global Alkyd Resin Market Trend: Sustainable Coating Solutions Embrace Bio Based Innovations For A Greener Future

Major companies operating in the alkyd resin market are focusing on developing innovative solutions, such as bio-based alkyd resins, to enhance product performance and lower environmental impact. Bio-based alkyd resins are alkyds made from renewable plant-based resources, providing a sustainable alternative to traditional petroleum-based resins while maintaining similar performance characteristics. For instance, in March 2023, Groupe Berkem, a France-based chemical manufacturing company, launched a new range of 100% bio-based alkyd resins aimed at the construction paints market, produced by its subsidiary Lixol. These innovative resins are formulated entirely from renewable materials, including vegetable oils and bio-based solvents, eliminating petroleum-derived components. This formulation aims to eliminate petroleum-derived materials, addressing environmental concerns associated with traditional chemical products. The new resins are designed to offer performance characteristics comparable to conventional alkyds, including durability, good drying performance, hardness over time, and resistance to aging.

Alkyd Resin Market Merger And Acquisition: Ergonarmor Strengthens Product Portfolio Through Sumter Coatings Acquisition

In March 2022, ErgonArmor, a US-based provider of industrial protective coatings, acquired Sumter Coatings Inc. for an undisclosed amount. Through this acquisition, ErgonArmor aims to enhance its industrial coatings line by integrating Sumter's expertise in various primers, enabling a broader product range and expanded production capabilities at existing facilities. Sumter Coatings Inc. is a US-based manufacturer of premium industrial coatings and various products, including alkyd-based coatings.

Regional Insights For The Global Alkyd Resin Market

Asia-Pacific was the largest region in the alkyd resin market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alkyd resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the alkyd resin market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The alkyd resin market consists of sales of high solids alkyd resin, styrenated alkyd resin, amino alkyd resin, short oil alkyd resin, and long oil alkyd resin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The alkyd resin market research report is one of a series of new reports from The Business Research Company that provides alkyd resin market statistics, including alkyd resin industry global market size, regional shares, competitors with an alkyd resin market share, detailed alkyd resin market segments, market trends and opportunities, and any further data you may need to thrive in the alkyd resin industry. This alkyd resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Alkyd Resin Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $24.87 billion
Revenue Forecast In 2033 $33.47 billion
Growth Rate CAGR of 7.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Oil Based; Modified; Water Reducible; Other Types
2) By Resin Type: Non Drying Alkyd Resins; Drying Alkyd Resins; Semi Drying Alkyd Resins
3) By Formulation Type: High Solids Alkyds; Waterborne Alkyds; Modifying Alkyds; Solvent Borne Coatings; Powder Coatings; Other Formulation Types
4) By Application: Coil Coatings; Electrical Insulating Enamels; Maintenance Paint; Automotive Refinishing Primers; Exterior Trim Paints; Packaging; Drum And Metal Container Coating; Other Applications
5) By End Use: Automotive Industry; Architecture Industry; Marine Industry; Food And Beverage Industry; Appliances; Other End Users
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Umicore Cobalt and Specialty Materials, Covestro AG, Solvay Group, Arkema SA, Eastman Chemical Company, Nippon Paint Co Ltd, Wacker Chemie AG, Huntsman Corporation, DIC Corporation, Polynt SpA, Macro Polymers Pvt Ltd, Hempel A/S, Amura Polymers Pvt Ltd, SpecialChem, Synthopol, Synthesia a.s., Subham Oils and Resins Pvt Ltd, Megara Resins, Dial4Trade, Neo-Pack Plast, Oman CHEMICAL, Orson Resins and Coatings Pvt Ltd, Prestige Coating Ltd, Uniform Synthetics, Krishna Resins and Pigments Pvt Ltd
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Alkyd Resin Market Characteristics

    3. Alkyd Resin Market Trends And Strategies

    4. Alkyd Resin Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Alkyd Resin Market Size and Growth

    5.1. Global Alkyd Resin Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Alkyd Resin Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Alkyd Resin Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Alkyd Resin Market Segmentation

    6.1. Global Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oil Based

    Modified

    Water Reducible

    Other Types

    6.2. Global Alkyd Resin Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Non Drying Alkyd Resins

    Drying Alkyd Resins

    Semi Drying Alkyd Resins

    6.3. Global Alkyd Resin Market, Segmentation By Formulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    High Solids Alkyds

    Waterborne Alkyds

    Modifying Alkyds

    Solvent Borne Coatings

    Powder Coatings

    Other Formulation Types

    6.4. Global Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Coil Coatings

    Electrical Insulating Enamels

    Maintenance Paint

    Automotive Refinishing Primers

    Exterior Trim Paints

    Packaging

    Drum And Metal Container Coating

    Other Applications

    6.5. Global Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive Industry

    Architecture Industry

    Marine Industry

    Food And Beverage Industry

    Appliances

    Other End Users

    7. Alkyd Resin Market Regional And Country Analysis

    7.1. Global Alkyd Resin Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Alkyd Resin Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Alkyd Resin Market

    8.1. Asia-Pacific Alkyd Resin Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Alkyd Resin Market

    9.1. China Alkyd Resin Market Overview

    9.2. China Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Alkyd Resin Market

    10.1. India Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Alkyd Resin Market

    11.1. Japan Alkyd Resin Market Overview

    11.2. Japan Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Alkyd Resin Market

    12.1. Australia Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Alkyd Resin Market

    13.1. Indonesia Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Alkyd Resin Market

    14.1. South Korea Alkyd Resin Market Overview

    14.2. South Korea Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Alkyd Resin Market

    15.1. Western Europe Alkyd Resin Market Overview

    15.2. Western Europe Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Alkyd Resin Market

    16.1. UK Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Alkyd Resin Market

    17.1. Germany Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Alkyd Resin Market

    18.1. France Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Alkyd Resin Market

    19.1. Italy Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Alkyd Resin Market

    20.1. Spain Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Alkyd Resin Market

    21.1. Eastern Europe Alkyd Resin Market Overview

    21.2. Eastern Europe Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Alkyd Resin Market

    22.1. Russia Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Alkyd Resin Market

    23.1. North America Alkyd Resin Market Overview

    23.2. North America Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Alkyd Resin Market

    24.1. USA Alkyd Resin Market Overview

    24.2. USA Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Alkyd Resin Market

    25.1. Canada Alkyd Resin Market Overview

    25.2. Canada Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Alkyd Resin Market

    26.1. South America Alkyd Resin Market Overview

    26.2. South America Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Alkyd Resin Market

    27.1. Brazil Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Alkyd Resin Market

    28.1. Middle East Alkyd Resin Market Overview

    28.2. Middle East Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Alkyd Resin Market

    29.1. Africa Alkyd Resin Market Overview

    29.2. Africa Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Alkyd Resin Market Competitive Landscape And Company Profiles

    30.1. Alkyd Resin Market Competitive Landscape

    30.2. Alkyd Resin Market Company Profiles

    30.2.1. Umicore Cobalt and Specialty Materials

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Covestro AG

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Solvay Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Arkema SA

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Eastman Chemical Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Alkyd Resin Market Other Major And Innovative Companies

    31.1. Nippon Paint Co Ltd

    31.2. Wacker Chemie AG

    31.3. Huntsman Corporation

    31.4. DIC Corporation

    31.5. Polynt SpA

    31.6. Macro Polymers Pvt Ltd

    31.7. Hempel A/S

    31.8. Amura Polymers Pvt Ltd

    31.9. SpecialChem

    31.10. Synthopol

    31.11. Synthesia a.s.

    31.12. Subham Oils and Resins Pvt Ltd

    31.13. Megara Resins

    31.14. Dial4Trade

    31.15. Neo-Pack Plast

    32. Global Alkyd Resin Market Competitive Benchmarking

    33. Global Alkyd Resin Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Alkyd Resin Market

    35. Alkyd Resin Market Future Outlook and Potential Analysis

    35.1 Alkyd Resin Market In 2028 - Countries Offering Most New Opportunities

    35.2 Alkyd Resin Market In 2028 - Segments Offering Most New Opportunities

    35.3 Alkyd Resin Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Alkyd Resin Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Alkyd Resin Market, Segmentation By Formulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Alkyd Resin Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Alkyd Resin Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Umicore Cobalt and Specialty Materials Financial Performance
  • Table 77: Covestro AG Financial Performance
  • Table 78: Solvay Group Financial Performance
  • Table 79: Arkema SA Financial Performance
  • Table 80: Eastman Chemical Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Alkyd Resin Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Alkyd Resin Market, Segmentation By Formulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Alkyd Resin Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Alkyd Resin Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Alkyd Resin Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Alkyd Resin Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Alkyd Resin Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Umicore Cobalt and Specialty Materials Financial Performance
  • Figure 77: Covestro AG Financial Performance
  • Figure 78: Solvay Group Financial Performance
  • Figure 79: Arkema SA Financial Performance
  • Figure 80: Eastman Chemical Company Financial Performance
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Frequently Asked Questions

What is the definition of the alkyd resin market?

Alkyd resin is a synthetic polyester resin derived from polyols (glycerol), dibasic acids (such as phthalic anhydride), and fatty acids (often from natural oils). It is commonly used in paints, coatings, and varnishes due to its excellent durability, adhesion, and gloss retention. Alkyd resins can be modified to vary their properties, such as drying time or hardness, and are typically oil-based, meaning they cure by reacting with oxygen in the air. For further insights on the alkyd resin market, request a sample here

How will the alkyd resin market drivers and restraints affect the alkyd resin market dynamics? What forces will shape the alkyd resin industry going forward?

The alkyd resin market major growth driver - Automotive Industry Growth Fuels Demand For Durable Coating Solutions. For further insights on the alkyd resin market, request a sample here

What is the forecast market size or the forecast market value of the alkyd resin market?

The alkyd resin market size has grown strongly in recent years. It will grow from $23.12 billion in 2023 to $24.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the industrialization of manufacturing processes, the expansion of the construction industry, the evolution of solvent-based coatings, increased awareness of product longevity, and the rise of consumer preferences for high-quality finishes. The alkyd resin market size is expected to see strong growth in the next few years. It will grow to $33.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for eco-friendly coatings, growth in the construction and automotive industries, rising awareness of environmental regulations, and the expansion of the furniture and woodworking markets. Major trends in the forecast period include increasing use of sustainable raw materials, advancements in formulations for improved performance, a shift towards low-emission products, demand in the decorative and protective coatings, and smart coatings with added functionalities. For further insights on the alkyd resin market, request a sample here

How is the alkyd resin market segmented?

The alkyd resin market is segmented
1) By Type: Oil Based, Modified, Water Reducible, Other Types
2) By Resin Type: Non Drying Alkyd Resins, Drying Alkyd Resins, Semi Drying Alkyd Resins
3) By Formulation Type: High Solids Alkyds, Waterborne Alkyds, Modifying Alkyds, Solvent Borne Coatings, Powder Coatings, Other Formulation Types
4) By Application: Coil Coatings, Electrical Insulating Enamels, Maintenance Paint, Automotive Refinishing Primers, Exterior Trim Paints, Packaging, Drum And Metal Container Coating, Other Applications
5) By End Use: Automotive Industry, Architecture Industry, Marine Industry, Food And Beverage Industry, Appliances, Other End UsersFor further insights on the alkyd resin market,
request a sample here

Which region has the largest share of the alkyd resin market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the alkyd resin market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alkyd resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the alkyd resin market, request a sample here.

Who are the major players in the alkyd resin market?

Major companies operating in the alkyd resin market are Umicore Cobalt and Specialty Materials, Covestro AG, Solvay Group, Arkema SA, Eastman Chemical Company, Nippon Paint Co Ltd., Wacker Chemie AG, Huntsman Corporation, DIC Corporation, Polynt SpA, Macro Polymers Pvt Ltd., Hempel A/S, Amura Polymers Pvt Ltd., SpecialChem, Synthopol, Synthesia a.s., Subham Oils and Resins Pvt Ltd., Megara Resins, Dial4Trade, Neo-Pack Plast, Oman CHEMICAL, Orson Resins and Coatings Pvt Ltd., Prestige Coating Ltd., Uniform Synthetics, Krishna Resins and Pigments Pvt Ltd For further insights on the alkyd resin market, request a sample here.

What are the key trends in the alkyd resin market?

Major trend in the alkyd resin market - Sustainable Coating Solutions Embrace Bio Based Innovations For A Greener Future. For further insights on the alkyd resin market, request a sample here.

What are the major opportunities in the alkyd resin market? What are the strategies for the alkyd resin market?

For detailed insights on the major opportunities and strategies in the alkyd resin market, request a sample here.

How does the alkyd resin market relate to the overall economy and other similar markets?

For detailed insights on alkyd resin market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the alkyd resin industry?

For detailed insights on the mergers and acquisitions in the alkyd resin industry, request a sample here.

What are the key dynamics influencing the alkyd resin market growth? SWOT analysis of the alkyd resin market.

For detailed insights on the key dynamics influencing the alkyd resin market growth and SWOT analysis of the alkyd resin industry, request a sample here.