Allied Market Research

2024

Alkyd Coatings Market

Alkyd Coatings Market Size, Share, Competitive Landscape and Trend Analysis Report by RESIN TYPE (NON-DRYING ALKYD RESINS, DRYING ALKYD RESINS, SEMI-DRYING ALKYD RESINS), by END USE (ARCHITECTURE, CONSUMER GOODS, TRANSPORTATION, INDUSTRIAL, SPECIAL PURPOSE COATINGS, OTHERS) and by FORMULATION (HIGH-SOLIDS ALKYDS, WATERBORNE ALKYDS, MODIFYING ALKYDS, SOLVENT BORNE COATINGS, POWDER COATINGS, OTHERS): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Eswara Prasad
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Alkyd surface coatings are the most highly consumed types of coatings used worldwide, despite the increasing use of other film formers. These coatings can be tailored to meet a variety of end-use requirements through the choice and ratio of reactants and/or modifiers. Alkyd resins are polyester-based materials that are typically modified with oil or fatty acids. They are classified as drying, semi-drying, and non-drying according to their fatty acid type added to the backbone; and as short oil, medium oil, and long oil according to the content of fatty acid.

Low cost of alkyd resins, formulation flexibility, and familiar utility to end users drive the alkyd coatings market. The development of better film-forming agents and environmental restraints on the use of solvent-borne coatings restrict the market growth. Rise in investments in the industrial sector and preference towards special-purpose coatings are the key opportunities in the industry.

The report segments the global alkyd coatings market based on resin type, end-use, formulation, and geography. Based on resin type, the market is classified into non-drying, drying, and semi-drying alkyd resins. The end use of these resins include architecture, consumer goods, transportation, industrial, special-purpose coatings, and others. On the basis of formulation, the market is categorized into high-solids alkyds, waterborne alkyds, modifying alkyds, solvent-borne coatings, powder coatings, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The significant players operating in the global alkyd coatings market strategically focus on product launch as their key strategy to gain significant market share.

Key Benefits

  • This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the alkyd coatings market.
  • In-depth analysis of the market and estimations for key segments¬†are provided.
  • Global industry analysis for factors that drive and restrain the market growth is provided.
  • Alkyd coatings market share for all segments with respect to geography is detailed in the report.
  • Key market players are profiled and their strategies are analyzed thoroughly to provide a competitive outlook of the industry trends.

Alkyd Coatings Market Report Highlights

Aspects Details
Alkyd Coatings Market By RESIN TYPE
By RESIN TYPE
  • NON-DRYING ALKYD RESINS
  • DRYING ALKYD RESINS
  • SEMI-DRYING ALKYD RESINS
Alkyd Coatings Market By END USE
By END USE
  • ARCHITECTURE
  • CONSUMER GOODS
  • TRANSPORTATION
  • INDUSTRIAL
  • SPECIAL PURPOSE COATINGS
  • OTHERS
Alkyd Coatings Market By FORMULATION
By FORMULATION
  • HIGH-SOLIDS ALKYDS
  • WATERBORNE ALKYDS
  • MODIFYING ALKYDS
  • SOLVENT BORNE COATINGS
  • POWDER COATINGS
  • OTHERS
Alkyd Coatings Market By GEOGRAPHY
By GEOGRAPHY
  • NORTH AMERICA
    • U.S
    • Canada
    • Mexico
  • EUROPE
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
Key Market Players
Key Market Players

3M Co., Wacker Chemie AG, BASF SE, PPG Industries, Inc., Nippon Paints Co., Ltd., The Dow Chemical Company, Hempel A/S, The Sherwin-Williams Company, AzkoNobel N.V., Kansai Paints Co., Ltd.

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Alkyd Coatings Market

Global Opportunity Analysis and Industry Forecast, 2023-2032