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Global Alkyd Resin Market 2019-2023

Global Alkyd Resin Market 2019-2023

About Alkyd Resin

Alkyd resin are polyester resins produced by heating polyhydric alcohols with polybasic acids/ anhydrides. Alkyd resins are the key ingredients used in paints and coating compositions. Alkyd resins are used as protective coatings owning to good compatibility, weathering properties, and low cost in various applications.

Technavio’s analysts forecast the global alkyd resin market to grow at a CAGR of 6.78% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global alkyd resin market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of alkyd resin in different applications

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Alkyd Resin Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • Arkema
  • BASF
  • Evonik Industries
  • PPG Industries
  • W. R. Grace
Market driver
  • Increasing construction activities in China
  • For a full, detailed list, view our report
Market challenge
  • Stringent VOC regulations
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for waterborne coatings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Alkyd Resin Market 2019-2023

Technavio recognizes the following companies as the key players in the global alkyd resin market: Akzo Nobel, Arkema, BASF, Evonik Industries, PPG Industries, W. R. Grace.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing automotive industry. The automotive industry has increased demand for alkyd resin as they used in automotive paints and coatings.

According to the report, one of the major drivers for this market is the superior properties of alkyd resins. Alkyd resins ae used in manufacturing protective coatings given their good weathering properties. Major paint and coating manufacturers rely heavily on alkyd resins for use as raw materials in paint and coating application

Further, the report states that one of the major factors hindering the growth of this market is the fluctuations crude oil prices. Fluctuations in crude oil prices lead to variations in the manufacturing costs of alkyd resins to significantly impact prices for end- users such developments have compelled market vendors to adopt various cost- cutting measures, which will affect the market negatively.

Companies Mentioned

Akzo Nobel

Arkema

BASF

Evonik Industries

PPG Industries

W. R. Grace

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global coatings raw materials market
      • Table Segments of global coatings raw materials market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Architectural - Market size and forecast 2018-2023
      • Table Architectural - Market size and forecast 2018-2023 (thousand t)
      • Table Architectural - Year-over-year growth 2019-2023 (%)
    • Industrial - Market size and forecast 2018-2023
      • Table Industrial - Market size and forecast 2018-2023 (thousand t)
      • Table Industrial - Year-over-year growth 2019-2023 (%)
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 (thousand t)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 (thousand t)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 (thousand t)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing automotive industry
    • Increasing demand for waterborne coatings
    • Growing demand for printing inks
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Akzo Nobel
      • Table Akzo Nobel - Vendor overview
      • Table Akzo Nobel - Business segments
      • Table Akzo Nobel - Organizational developments
      • Table Akzo Nobel - Geographic focus
      • Table Akzo Nobel - Segment focus
      • Table Akzo Nobel - Key offerings
    • Arkema
      • Table Arkema - Vendor overview
      • Table Arkema - Business segments
      • Table Arkema - Organizational developments
      • Table Arkema - Geographic focus
      • Table Arkema - Segment focus
      • Table Arkema - Key offerings
    • BASF
      • Table BASF - Vendor overview
      • Table BASF - Business segments
      • Table BASF - Organizational developments
      • Table BASF - Geographic focus
      • Table BASF - Segment focus
      • Table BASF - Key offerings
    • Evonik Industries
      • Table Evonik Industries - Vendor overview
      • Table Evonik Industries - Business segments
      • Table Evonik Industries - Organizational developments
      • Table Evonik Industries - Geographic focus
      • Table Evonik Industries - Segment focus
      • Table Evonik Industries - Key offerings
    • PPG Industries
      • Table PPG Industries - Vendor overview
      • Table PPG Industries - Business segments
      • Table PPG Industries - Organizational developments
      • Table PPG Industries - Geographic focus
      • Table PPG Industries - Segment focus
      • Table PPG Industries - Key offerings
    • W. R. Grace
      • Table W. R. Grace - Vendor overview
      • Table W. R. Grace - Business segments
      • Table W. R. Grace - Organizational developments
      • Table W. R. Grace - Geographic focus
      • Table W. R. Grace - Segment focus
      • Table W. R. Grace - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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