Alkyd Resin Market Report Scope & Overview:

The Alkyd Resin Market Size was valued at USD 4.09 Billion in 2024 and is expected to reach USD 6.03 Billion by 2032, growing at a CAGR of 4.97% over the forecast period of 2025-2032.

Alkyd Resin market analysis reveals increasing demand from packaging and specialty sectors. This is achieved by the need for coatings that are both durable and protective, while also being attractive in the case of packaging for cartons, paperboard, and industrial containers. Specialty industries, namely marine, aerospace, and pipelines, prefer this type of resins because of the good adhesion and resistance of alkyd resins to corrosion and weatherability. Meanwhile, industrialization and the emergence of certain sectors are helping to support demand throughout high-value sectors. Increased desire for the highest possible levels of functionality and capacity for withstanding tough environments while maintaining quality has coincided in recent years with an increase in these certain industries as well which drive the alkyd resin market growth.

At the same time, advances in modified and hybrid alkyd resins enable the sectors to achieve strong results without sacrificing sustainability and this has given rise to an increase in demand for Alkyd Resin in a variety of distinctive applications industries over the period.

Market Dynamics

Key Drivers:

  • Growth in Construction and Infrastructure Activities Drives the Market Growth

As urbanization and industrialization across the globe increases, the construction activities have also increased, resulting in the growing need of long-lasting decorative coatings on construction surfaces. Carbonate alkyds are a common type of alkyd resins that are used in the paints of residential, institutional and industrial buildings and that have outstanding adhesiveness and weather resistance. In the US, government investment in infrastructure, such as the USD 1.2 trillion Infrastructure Investment and Jobs Act (2021), has led to a demand for industrial coatings, in turn stimulating alkyd resin consumption. Expanding Production Capacities by Application Manufacturers are expanding capacities to cater to application demand;

for example, in 2022, BASF expanded its coating raw material production in North America in construction application

Restrain:

 Competition from Alternative Resins, Which May Hamper the Market Growth

Alternative resins competition is key restraint regarding the alkyd resin market. Though alkyd resins are appreciated for their toughness, gloss, and ease of application, other resins including acrylics, epoxies and polyurethanes, are finding favor in numerous industrial and specialty markets. These have typically better chemical resistance, higher speed of drying, and better mechanical properties and, thus, are better suited for performance applications such as automotive, aerospace, and industrial machinery coatings. As a result of this, producers of alkyd resins are forced to develop modified, hybrid and waterborne alkyds to improve performance and to maintain market share.

Opportunities:

  •   Innovation and Product Development Create an Opportunity for the Market

Growing popularity of innovation and product development is a positive growth influencer of alkyd resin market. There is a growing demand for high-performance, environmentally friendly, multi-functional coatings, a demand that has driven traditional alkyd formulations to be superseded by hybrid, UV-curable, and bio-based resins. These advancements deliver properties such as faster dry, improved chemical resistance, better adhesion, lower VOC, meeting sustainability and regulatory needs. They are a result of R&D investments that manufacture is able to devote to these next-generation products, which are unlocking new applications in industrial, automotive, aerospace and decorative coatings which drive the alkyd resin market trends.

Segment Analysis:

By Type

The market is dominated by short oil alkyds of approximately 48% as they are inexpensive and fast drying and can be used in decorative and industrial coatings. Modified Alkyds (Urethane-modified, Acrylic-modified, Silicone-modified) is the fastest growing sub-segment owing to the rising need of high-performance coatings in automotive, marine and other specialty applications. Growth is driven by demand for improved chemical resistance, durability and product development, with short oil alkyds still being favoured for traditional coating applications.

By Process Type

The Fatty Acid Process is the dominant method, accounting for about 60% of production and is the oldest and the less expensive way to obtain resins of consistent quality. Glyceride Process is the largest sub-segment and is the fastest-growing sub-segment due to the production of superior performance alkyd resins for specialty and industrial coatings. The growing demand for high quality coatings in automotive, aerospace and industrial applications is driving the growth of glyceride process, while fatty acid process will continue to lead in general industrial and decorative applications.

By Formulation Type

High Solids Alkyds continue to dominate at approximately 50% market share, because of their low-VOC capabilities and compliance with environmental requirements. The Waterborne Alkyds segment is registering its fastest growth as a result of more stringent environmental regulations and growing use of environment-friendly coatings. The same VOC-driven trends that are favouring waterborne alkyds for commercial finishes are pushing use in residential and industrial decorative coatings markets, while high-solids alkyds continue to claim a strong hold on these sectors.

By Application

Paints & Coatings dominate the range accounting for nearly 55% share, well-all – round household name in residential, commercial, and industrial infrastructure. Fastest growth is expected for Adhesives & Sealants, spurred by demand for robust adherence and durability in industrial and packaging applications. Adhesives & sealants will be driven by rising packaging, construction, and industrial markets, and paints & coatings are the backbone for historical demand from infrastructure and decorative work.

Regional Analysis:

Asia Pacific held the largest Alkyd Resin Market Share in 2024, around 38.29% 2024. It is due to rapid urbanization, rising disposable incomes, and expanding residential and commercial construction projects. Consumers in countries like China, India, and Southeast Asian nations are increasingly seeking premium, durable, and aesthetically appealing kitchen and bathroom fixtures. The growth of modern infrastructure, luxury housing developments, and hospitality projects has further fuelled demand for high-quality finishes. Additionally, increasing awareness of sustainability and long-lasting products has led to higher adoption of PVD-coated faucets, which offer superior corrosion resistance and durability.

Investments by key players in manufacturing facilities and product launches, such as Moen’s Lumi coat finishes in 2023, demonstrate industry confidence in the region’s market potential. Overall, a combination of economic growth, urban development, and consumer preference for premium products is driving the Asia Pacific market forward.

The North America region is the fastest-growing market.  It is owing to rising demand for durable, low-maintenance and great-looking kitchen and bathroom fixtures. Increasing home improvements, the growth of commercial infrastructure projects and a robust hospitality industry are fuelling demand for high-end finishes. Both consumers and businesses are turning more towards sustainable and anti-corrosive options, such as PVD coatings. Performance and durability have never been better, with product innovations and technology, like Moen Lumicoat PVD finishes (launched in 2024), offering increased performance and durability, and ultimately more usage. Moreover, increasing disposable incomes and knowledge of durable, superior finishes foster market growth.

The U.S. Alkyd Resin market size was USD 701 million in 2024 and is expected to reach USD 1.03 million by 2032 and grow at a CAGR of 4.98% over the forecast period of 2025-2032.  It is due to strong demand for premium, durable, and low-maintenance kitchen and bathroom fixtures. Rising home renovation projects, new residential and commercial construction, and the hospitality sector’s expansion are key growth drivers. Consumers increasingly prefer corrosion-resistant and eco-friendly finishes, which PVD coatings provide.

Europe is witnessing promising growth in the alkyd resin market, it is due to increasing demand for premium, durable, and aesthetically appealing kitchen and bathroom fixtures. Strict environmental regulations and sustainability standards encourage the use of low-VOC and long-lasting finishes, which PVD coatings provide. Consumers and businesses in countries such as Germany, France, and the U.K. prefer high-quality, corrosion-resistant, and easy-to-maintain products. Expansion in residential, commercial, and hospitality infrastructure further drives market adoption.

Key Players:

Major Alkyd Resin companies are BASF, AkzoNobel, Allnex, PPG Industries, Hexion Inc., Dow Inc., Eastman Chemical Company, Lubrizol Corporation, Resinadco, Shandong Taihe Resin Co., Ltd., Hempel, Lanxess, Nuplex Industries, Arkema, Cray Valley, Evonik Industries, Jayant Resin, Kaneka Corporation, Synthomer, Sayerlack.

Recent Development:

  • In 2023, Moen launched Lumicoat finishes in polished nickel, champagne bronze, and matte black with Diamond Seal valve technology, enhancing durability and resistance to water spots and stains. This innovation targets consumer demand for low-maintenance, long-lasting faucet finishes.

  • In 2022, Delta expanded its Lumicoat finishes to include additional styles and configurations designed to resist mineral buildup and hard water stains, providing consumers with more durable and easy-to-maintain faucet options.

Alkyd Resin Market Report Scope:

Report Attributes Details
Market Size in 2024 USD 4.09 Billion 
Market Size by 2032 USD 6.03 Billion 
CAGR CAGR of4.97% From 2025 to 2032
Base Year 2024
Forecast Period 2025-2032
Historical Data 2021-2023
Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type – Short Oil Alkyds, Medium Oil Alkyds, Long Oil Alkyds, Modified Alkyds (Urethane-modified, Acrylic-modified, Silicone-modified);
• By Process Type – Fatty Acid Process, Glyceride Process;
• By Formulation Type – High-Solids Alkyds, Waterborne Alkyds, Others (Solvent-borne Alkyds, UV-cured Alkyds, Hybrid Alkyds);
• By Application – Paints & Coatings, Industrial Coatings, Automotive Coatings, Decorative Coatings, Adhesives & Sealants, Printing Inks, Varnishes & Enamels, Others (Marine, Aerospace, Packaging, Pipeline Coatings, Specialty Industrial Coatings)
Regional Analysis/Coverage North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, Poland, Russsia, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia,ASEAN Countries, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Mexico, Colombia Rest of Latin America)
Company Profiles BASF, AkzoNobel, Allnex, PPG Industries, Hexion Inc., Dow Inc., Eastman Chemical Company, Lubrizol Corporation, Resinadco, Shandong Taihe Resin Co., Ltd., Hempel, Lanxess, Nuplex Industries, Arkema, Cray Valley, Evonik Industries, Jayant Resin, Kaneka Corporation, Synthomer, Sayerlack

Table Of Contents

1. Introduction

1.1 Market Definition & Scope

 1.2 Research Assumptions & Abbreviations

 1.3 Research Methodology

2. Executive Summary

2.1 Market Snapshot

 2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032

 2.3 Market Size & Forecast, By Segmentation, 2021–2032

  2.3.1 Market Size By Type

  2.3.2 Market Size By Process Type

         2.3.3 Market Size By Formulation Type

         2.3.4 Market Size By Application

 2.4 Market Share & BPS Analysis By Region, 2024

 2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic

 2.6 Industry CxO’s Perspective

3. Market Overview

3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Key Market Trends

 3.2 Industry PESTLE Analysis

 3.3 Key Industry Forces (Porter’s) Impacting Market Growth

 3.4 Industry Life Cycle Assessment

 3.5 Parent Market Overview

 3.6 Market Risk Assessment

4. Statistical Insights & Trends Reporting

4.1 Sustainability & Regulatory Impact Analysis

     4.2 Innovation & R&D Pipeline Analysis

4.3 End-Use Application Profitability Mapping

    4.4 Supply Chain Resilience & Raw Material Risk Assessment

    4.5 Digital & Smart Coatings Adoption Insights

    4.6 Strategic Expansion & Partnership Tracker

5. Alkyd Resin Market Segmental Analysis & Forecast, By Type, 2021 – 2032, Value (USD Billion)

5.1 Introduction

 5.2 Short Oil Alkyds

  5.2.1 Key Trends

  5.2.2 Market Size & Forecast, 2021 – 2032

 5.3 Medium Oil Alkyds

  5.3.1 Key Trends

  5.3.2 Market Size & Forecast, 2021 – 2032

    5.4 Long Oil Alkyds

  5.4.1 Key Trends

  5.4.2 Market Size & Forecast, 2021 – 2032

    5.5 Modified Alkyds (Urethane-modified, Acrylic-modified, Silicone-modified)

  5.5.1 Key Trends

  5.5.2 Market Size & Forecast, 2021 – 2032

   6. Alkyd Resin Market Segmental Analysis & Forecast, By Process Type, 2021 – 2032, Value (USD Billion)

    6.1 Introduction

 6.2 Fatty Acid Process

  6.2.1 Key Trends

  6.2.2 Market Size & Forecast, 2021 – 2032

 6.3 Glyceride Process

  6.3.1 Key Trends

  6.3.2 Market Size & Forecast, 2021 – 2032

7. Alkyd Resin Market Segmental Analysis & Forecast, By Formulation Type, 2021 – 2032, Value (USD Billion)

    7.1 Introduction

 7.2 High-Solids Alkyds

  7.2.1 Key Trends

  7.2.2 Market Size & Forecast, 2021 – 2032

 7.3 Waterborne Alkyds

  7.3.1 Key Trends

  7.3.2 Market Size & Forecast, 2021 – 2032

7.4 Others (Solvent-borne Alkyds, UV-cured Alkyds, Hybrid Alkyds)

  7.4.1 Key Trends

  7.4.2 Market Size & Forecast, 2021 – 2032

8. Alkyd Resin Market Segmental Analysis & Forecast, By Application, 2021 – 2032, Value (USD Billion)

    8.1 Introduction

 8.2 Paints & Coatings

  8.2.1 Key Trends

  8.2.2 Market Size & Forecast, 2021 – 2032

 8.3 Industrial Coatings

  8.3.1 Key Trends

  8.3.2 Market Size & Forecast, 2021 – 2032

 8.4 Automotive Coatings

  8.4.1 Key Trends

  8.4.2 Market Size & Forecast, 2021 – 2032

 8.5 Decorative Coatings

  8.5.1 Key Trends

  8.5.2 Market Size & Forecast, 2021 – 2032

 8.6 Adhesives & Sealants

  8.6.1 Key Trends

  8.6.2 Market Size & Forecast, 2021 – 2032

 8.7 Printing Inks

  8.7.1 Key Trends

  8.7.2 Market Size & Forecast, 2021 – 2032

 8.8 Varnishes & Enamels

  8.8.1 Key Trends

  8.8.2 Market Size & Forecast, 2021 – 2032

   8.9 Others (Marine, Aerospace, Packaging, Pipeline Coatings, Specialty Industrial Coatings)

  8.9.1 Key Trends

  8.9.2 Market Size & Forecast, 2021 – 2032

  9. Alkyd Resin Market Segmental Analysis & Forecast by Region, 2021 – 2025, Value (USD Billion)

9.1 Introduction

9.2 North America

 9.2.1 Key Trends

 9.2.2 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

 9.2.3 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

 9.2.4 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

 9.2.5 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

 9.2.6 Alkyd Resin Market Size & Forecast, By Country, 2021 – 2032

  9.2.6.1 USA

   9.2.6.1.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.2.6.1.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.2.6.1.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.2.6.1.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.2.6.2 Canada

   9.2.6.2.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.2.6.2.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.2.6.2.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.2.6.2.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

9.3 Europe

 9.3.1 Key Trends

 9.3.2 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

 9.3.3 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

 9.3.4 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

 9.3.5 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

 9.3.6 Alkyd Resin Market Size & Forecast, By Country, 2021 – 2032

  9.3.6.1 Germany

   9.3.6.1.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.1.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.1.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.1.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.2 UK

   9.3.6.2.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.2.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.2.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.2.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.3 France

   9.3.6.3.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.3.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.3.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.3.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.4 Italy

   9.3.6.4.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.4.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.4.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.4.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.5 Spain

   9.3.6.5.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.5.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.5.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.5.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.6 Russia

   9.3.6.6.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.6.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.6.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.6.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.7 Poland

   9.3.6.7.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.7.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.7.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.7.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.3.6.8 Rest of Europe

   9.3.6.8.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.3.6.8.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.3.6.8.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.3.6.8.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032   

9.4 Asia-Pacific

 9.4.1 Key Trends

 9.4.2 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

 9.4.3 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

 9.4.4 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

 9.4.5 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

 9.4.6 Alkyd Resin Market Size & Forecast, By Country, 2021 – 2032

  9.4.6.1 China

   9.4.6.1.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.1.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.1.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.1.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.2 India

   9.4.6.2.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.2.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.2.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.2.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.3 Japan

   9.4.6.3.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.3.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.3.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.3.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.4 South Korea

   9.4.6.4.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.4.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.4.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.4.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.5 Australia

   9.4.6.5.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.5.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.5.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.5.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.6 ASEAN Countries

   9.4.6.6.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.6.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.6.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.6.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.4.6.7 Rest of Asia-Pacific

   9.4.6.7.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.4.6.7.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.4.6.7.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.4.6.7.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

9.5 Latin America

 9.5.1 Key Trends

 9.5.2 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

 9.5.3 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

 9.5.4 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

 9.5.5 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

 9.5.6 Alkyd Resin Market Size & Forecast, By Country, 2021 – 2032

  9.5.6.1 Brazil

   9.5.6.1.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.5.6.1.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.5.6.1.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.5.6.1.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.5.6.2 Argentina

   9.5.6.2.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.5.6.2.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.5.6.2.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.5.6.2.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.5.6.3 Mexico

   9.5.6.3.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.5.6.3.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.5.6.3.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.5.6.3.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.5.6.4 Colombia

   9.5.6.4.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.5.6.4.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.5.6.4.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.5.6.4.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.5.6.5 Rest of Latin America

   9.5.6.5.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.5.6.5.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.5.6.5.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.5.6.5.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

9.6 Middle East & Africa

 9.6.1 Key Trends

 9.6.2 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

 9.6.3 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

 9.6.4 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

 9.6.5 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

 9.6.6 Alkyd Resin Market Size & Forecast, By Country, 2021 – 2032

  9.6.6.1 UAE

   9.6.6.1.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.1.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.1.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.1.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.6.6.2 Saudi Arabia

   9.6.6.2.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.2.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.2.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.2.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.6.6.3 Qatar

   9.6.6.3.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.3.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.3.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.3.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.6.6.4 Egypt

   9.6.6.4.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.4.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.4.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.4.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.6.6.5 South Africa

   9.6.6.5.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.5.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.5.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.5.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

  9.6.6.6 Rest of Middle East & Africa

   9.6.6.6.1 Alkyd Resin Market Size & Forecast, By Type, 2021 – 2032

   9.6.6.6.2 Alkyd Resin Market Size & Forecast, By Process Type, 2021 – 2032

   9.6.6.6.3 Alkyd Resin Market Size & Forecast, By Formulation Type, 2021 – 2032

   9.6.6.6.4 Alkyd Resin Market Size & Forecast, By Application, 2021 – 2032

10. Competitive Landscape

 10.1 Key Players' Positioning

 10.2 Competitive Developments

  10.2.1 Key Strategies Adopted (%), By Key Players, 2024

  10.2.2 Year-Wise Strategies & Development, 2021 – 2025

  10.2.3 Number of Strategies Adopted by Key Players, 2024

 10.3 Market Share Analysis, 2024

 10.4 Product/Service & End-Use Industry Benchmarking

  10.4.1 Product/Service Specifications & Features By Key Players

  10.4.2 Product/Service Heatmap By Key Players

  10.4.3 End-Use Industry Heatmap By Key Players

 10.5 Industry Start-Up & Innovation Landscape

 10.6 Key Company Profiles

10.6 Key Company Profiles

 10.6.1 BASF

  10.6.1.1 Company Overview & Snapshot

  10.6.1.2 Product/Service Portfolio

  10.6.1.3 Key Company Financials

  10.6.1.4 SWOT Analysis

 10.6.2 AkzoNobel

  10.6.2.1 Company Overview & Snapshot

  10.6.2.2 Product/Service Portfolio

  10.6.2.3 Key Company Financials

  10.6.2.4 SWOT Analysis

 10.6.3 Allnex

  10.6.3.1 Company Overview & Snapshot

  10.6.3.2 Product/Service Portfolio

  10.6.3.3 Key Company Financials

  10.6.3.4 SWOT Analysis

 10.6.4 PPG Industries

  10.6.4.1 Company Overview & Snapshot

  10.6.4.2 Product/Service Portfolio

  10.6.4.3 Key Company Financials

  10.6.4.4 SWOT Analysis

 10.6.5 Hexion Inc.

  10.6.5.1 Company Overview & Snapshot

  10.6.5.2 Product/Service Portfolio

  10.6.5.3 Key Company Financials

  10.6.5.4 SWOT Analysis

 10.6.6 Dow Inc.

  10.6.6.1 Company Overview & Snapshot

  10.6.6.2 Product/Service Portfolio

  10.6.6.3 Key Company Financials

  10.6.6.4 SWOT Analysis

 10.6.7 Eastman Chemical Company

  10.6.7.1 Company Overview & Snapshot

  10.6.7.2 Product/Service Portfolio

  10.6.7.3 Key Company Financials

  10.6.7.4 SWOT Analysis

 10.6.8 Lubrizol Corporation

  10.6.8.1 Company Overview & Snapshot

  10.6.8.2 Product/Service Portfolio

  10.6.8.3 Key Company Financials

  10.6.8.4 SWOT Analysis

 10.6.9 Resinadco

  10.6.9.1 Company Overview & Snapshot

  10.6.9.2 Product/Service Portfolio

  10.6.9.3 Key Company Financials

  10.6.9.4 SWOT Analysis

 10.6.10 Shandong Taihe Resin Co., Ltd.

  10.6.10.1 Company Overview & Snapshot

  10.6.10.2 Product/Service Portfolio

  10.6.10.3 Key Company Financials

  10.6.10.4 SWOT Analysis

 10.6.11 Hempel

  10.6.11.1 Company Overview & Snapshot

  10.6.11.2 Product/Service Portfolio

  10.6.11.3 Key Company Financials

  10.6.11.4 SWOT Analysis

 10.6.12 Lanxess

  10.6.12.1 Company Overview & Snapshot

  10.6.12.2 Product/Service Portfolio

  10.6.12.3 Key Company Financials

  10.6.12.4 SWOT Analysis

 10.6.13 Nuplex Industries

  10.6.13.1 Company Overview & Snapshot

  10.6.13.2 Product/Service Portfolio

  10.6.13.3 Key Company Financials

  10.6.13.4 SWOT Analysis

10.6.14 Arkema

  10.6.14.1 Company Overview & Snapshot

  10.6.14.2 Product/Service Portfolio

  10.6.14.3 Key Company Financials

  10.6.14.4 SWOT Analysis

 10.6.15 Cray Valley

  10.6.15.1 Company Overview & Snapshot

  10.6.15.2 Product/Service Portfolio

  10.6.15.3 Key Company Financials

  10.6.15.4 SWOT Analysis

 10.6.16 Evonik Industries

  10.6.16.1 Company Overview & Snapshot

  10.6.16.2 Product/Service Portfolio

  10.6.16.3 Key Company Financials

  10.6.16.4 SWOT Analysis

 10.6.17 Jayant Resin

  10.6.17.1 Company Overview & Snapshot

  10.6.17.2 Product/Service Portfolio

  10.6.17.3 Key Company Financials

  10.6.17.4 SWOT Analysis

 10.6.18 Kaneka Corporation

  10.6.18.1 Company Overview & Snapshot

  10.6.18.2 Product/Service Portfolio

  10.6.18.3 Key Company Financials

  10.6.18.4 SWOT Analysis

 10.6.19 Synthomer

  10.6.19.1 Company Overview & Snapshot

  10.6.19.2 Product/Service Portfolio

  10.6.19.3 Key Company Financials

  10.6.19.4 SWOT Analysis

 10.6.20 Sayerlack

  10.6.20.1 Company Overview & Snapshot

  10.6.20.2 Product/Service Portfolio

  10.6.20.3 Key Company Financials

  10.6.20.4 SWOT Analysis

11. Analyst Recommendations

 11.1 SNS Insider Opportunity Map

 11.2 Industry Low-Hanging Fruit Assessment

 11.3 Market Entry & Growth Strategy

 11.4 Analyst Viewpoint & Suggestions On Market Growth

12. Assumptions

13. Disclaimer

14. Appendix

 14.1 List Of Tables

 14.2 List Of Figures

Key Segments

By Type

  • Short Oil Alkyds

  • Medium Oil Alkyds

  • Long Oil Alkyds

  • Modified Alkyds (Urethane-modified, Acrylic-modified, Silicone-modified)

By Process Type

  • Fatty Acid Process

  • Glyceride Process

By Formulation Type

  • High-Solids Alkyds

  • Waterborne Alkyds

  • Others (Solvent-borne Alkyds, UV-cured Alkyds, Hybrid Alkyds)

By Application

  • Paints & Coatings

  • Industrial Coatings

  • Automotive Coatings

  • Decorative Coatings

  • Adhesives & Sealants

  • Printing Inks

  • Varnishes & Enamels

  • Others (Marine, Aerospace, Packaging, Pipeline Coatings, Specialty Industrial Coatings)

 Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage: 

North America

  • US

  • Canada

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Russia

  • Poland

  • Rest of Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • ASEAN Countries

  • Australia

  • Rest of Asia Pacific

Latin America

  • Brazil

  • Argentina

  • Mexico

  • Colombia

  • Rest of Latin America

Middle East & Africa

  • UAE

  • Saudi Arabia

  • Qatar

  • Egypt

  • South Africa

  • Rest of Middle East & Africa

Request for Country Level Research Report: Country Level Customization Request

Available Customization 

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report: 

  • Detailed Volume Analysis 

  • Criss-Cross segment analysis (e.g. Product X Application) 

  • Competitive Product Benchmarking 

  • Geographic Analysis 

  • Additional countries in any of the regions 

  • Customized Data Representation 

  • Detailed analysis and profiling of additional market players

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.