The potential growth difference for the Alkyd resin market is USD 280.16 thousand units. This report extensively covers alkyd resin market segmentation by application (architectural, industrial, automotive, and others) and geography (APAC, North America, Europe, and South America). The alkyd resin market report also offers information on several market vendors, including Akzo Nobel NV, Arakawa Chemical Industries Ltd., Arkema Group, BASF SE, Eternal Materials Co. Ltd., Evonik Industries AG, Mitsui Chemicals Inc., Polynt Spa, Solvay SA, and Synthomer Plc among others. Talk to our analyst.
Alkyd Resin Market Segmentation
- By Application
- Architectural
- Industrial
- Automotive
- Others
- The architectural segment's share of the alkyd resin market will expand significantly. Architectural coatings used on both commercial and residential buildings use alkyd resins for architectural purposes. They shield structures from contaminants like moisture, UV rays, and microorganisms. Alkyd resins are used in the formulation of many different types of architectural coating products, including paints, primers, lacquers, varnishes, and stains.
- By Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
- APAC will account for 67% of market growth. The main alkyd resin markets in APAC are China, Japan, and India. This region's market will grow more quickly than other regions' markets. Over the projection period, the alkyd resin market growth in APAC would be facilitated by the exceptional features of alkyd resins.
Download the sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
- Akzo Nobel NV-The company offers high-quality coatings, which are used to protect and enhance the surfaces of ships, cars, aircraft, yachts, and architectural components. These coatings are also used for consumer goods, such as mobile devices, appliances, beverage cans and furniture, and oil and gas facilities.
- Arakawa Chemical Industries Ltd.- The company offers alkyd resins with excellent adhesion and corrosion resistance properties. It is used as a binder resin for phthalic acid resin paint, industrial primer paint, and additive offset printing ink.
- Arkema Group-The company offers solvent-based alkyd resins for use in the production of architectural coatings, powder coatings, adhesives, and paints.
- BASF SE-The company offers alkyd resins, which are used in coating, construction, paper, adhesives, printing and packaging, plastics, and electronic industries.
- Eternal Materials Co. Ltd.- The company offers various types of alkyd resins, including long-oil alkyd resin, medium-oil alkyd resin, short-oil alkyd resin, water-based alkyd resin, and modified alkyd resin.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Binders Excipients Market by Type, Application, and Geography - Forecast and Analysis 2022-2026: The binders excipients market share is expected to increase to USD 444.89 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.5%.
Stretch and Shrink Film Market by Type, Application, and Geography - Forecast and Analysis 2022-2026: The stretch and shrink film market share is expected to increase to USD 4.72 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.76%.
Alkyd Resin Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.57% |
Market growth 2020-2024 |
$ 280.16 th units |
Market structure |
Fragmented |
YoY growth (%) |
3.31 |
Regional analysis |
APAC, North America, Europe, and South America |
Performing market contribution |
APAC at 67% |
Key consumer countries |
China, US, Japan, Germany, and India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Akzo Nobel NV, Arakawa Chemical Industries Ltd., Arkema Group, BASF SE, Eternal Materials Co. Ltd., Evonik Industries AG, Mitsui Chemicals Inc., Polynt Spa, Solvay SA, and Synthomer Plc |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- 2.2 Market characteristics
- Exhibit 02: Market characteristics
- 2.3 Value chain analysis
- Exhibit 03: Value chain analysis: Specialty chemicals market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 (thousand MT)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five force summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 15: Application - Market share 2020-2025 (%)
- 5.2 Comparison by Application
- Exhibit 16: Comparison by Application
- 5.3 Architectural - Market size and forecast 2020-2025
- Exhibit 17: Architectural - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 18: Architectural - Year-over-year growth 2020-2025 (%)
- 5.4 Industrial - Market size and forecast 2020-2025
- Exhibit 19: Industrial - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 20: Industrial - Year-over-year growth 2020-2025 (%)
- 5.5 Automotive - Market size and forecast 2020-2025
- Exhibit 21: Automotive - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 22: Automotive - Year-over-year growth 2020-2025 (%)
- 5.6 Others - Market size and forecast 2020-2025
- Exhibit 23: Others - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 24: Others - Year-over-year growth 2020-2025 (%)
- 5.7 Market opportunity by Application
- Exhibit 25: Market opportunity by Application
6 Customer Landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 27: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 28: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 29: APAC - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 31: North America - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 32: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 33: Europe - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 34: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 35: South America - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 36: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 37: MEA - Market size and forecast 2020-2025 (thousand MT)
- Exhibit 38: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 39: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 40: Market opportunity by geography (thousand MT)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 41: Impact of drivers and challenges
9 Vendor Landscape
- 9.1 Vendor landscape
- Exhibit 42: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 43: Landscape disruption
- Exhibit 44: Industry risks
10 Vendor Analysis
- 10.2 Market positioning of vendors
- Exhibit 46: Market positioning of vendors
- 10.3 Akzo Nobel NV
- Exhibit 47: Akzo Nobel NV - Overview
- Exhibit 48: Akzo Nobel NV - Business segments
- Exhibit 49: Akzo Nobel NV - Key news
- Exhibit 50: Akzo Nobel NV - Key offerings
- Exhibit 51: Akzo Nobel NV - Segment focus
- 10.4 Arakawa Chemical Industries Co. Ltd.
- Exhibit 52: Arakawa Chemical Industries Co. Ltd. - Overview
- Exhibit 53: Arakawa Chemical Industries Co. Ltd. - Business segments
- Exhibit 54: Arakawa Chemical Industries Co. Ltd. - Key offerings
- Exhibit 55: Arakawa Chemical Industries Co. Ltd. - Segment focus
- 10.5 Arkema SA
- Exhibit 56: Arkema SA - Overview
- Exhibit 57: Arkema SA - Business segments
- Exhibit 58: Arkema SA - Key news
- Exhibit 59: Arkema SA - Key offerings
- Exhibit 60: Arkema SA - Segment focus
- 10.6 BASF SE
- Exhibit 61: BASF SE - Overview
- Exhibit 62: BASF SE - Business segments
- Exhibit 63: BASF SE - Key news
- Exhibit 64: BASF SE - Key offerings
- Exhibit 65: BASF SE - Segment focus
- 10.7 Eternal Materials Corp. Ltd.
- Exhibit 66: Eternal Materials Corp. Ltd. - Overview
- Exhibit 67: Eternal Materials Corp. Ltd. - Business segments
- Exhibit 68: Eternal Materials Corp. Ltd. - Key offerings
- Exhibit 69: Eternal Materials Corp. Ltd. - Segment focus
- 10.8 Evonik Industries AG
- Exhibit 70: Evonik Industries AG - Overview
- Exhibit 71: Evonik Industries AG - Business segments
- Exhibit 72: Evonik Industries AG - Key offerings
- Exhibit 73: Evonik Industries AG - Segment focus
- 10.9 Mitsui Chemicals Inc.
- Exhibit 74: Mitsui Chemicals Inc. - Overview
- Exhibit 75: Mitsui Chemicals Inc. - Business segments
- Exhibit 76: Mitsui Chemicals Inc. - Key offerings
- Exhibit 77: Mitsui Chemicals Inc. - Segment focus
- 10.10 Polynt Spa
- Exhibit 78: Polynt Spa - Overview
- Exhibit 79: Polynt Spa - Product and service
- Exhibit 80: Polynt Spa - Key offerings
- 10.11 Solvay SA
- Exhibit 81: Solvay SA - Overview
- Exhibit 82: Solvay SA - Business segments
- Exhibit 83: Solvay SA - Key offerings
- Exhibit 84: Solvay SA - Segment focus
- 10.12 Synthomer Plc
- Exhibit 85: Synthomer Plc - Overview
- Exhibit 86: Synthomer Plc - Business segments
- Exhibit 87: Synthomer Plc - Key news
- Exhibit 88: Synthomer Plc - Key offerings
- Exhibit 89: Synthomer Plc - Segment focus
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 90: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 91: Research Methodology
- Exhibit 92: Validation techniques employed for market sizing
- Exhibit 93: Information sources
- 11.4 List of abbreviations
- Exhibit 94: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article